Comments Thread For: Stephen Espinoza: Jaron Ennis not at fault for Vergil Ortiz Jnr fallout
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If money was what Norman wanted, well now he's gonna get even less, defending his WBO title! He turned down $1.7M for Ennis. You think he was going to get more fighting Derrick Cuevas? Even that hasn't happened!
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I think it was worth the extra 500 000 to get Norman’s belt ( obviously if he wins )
He said he wanted to unify , why not start with this fight ???Comment
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Well, he ended up with nothing, ain't it? He's desperate for a unification, yet he won't make any adjustments to get things done. He's good at saying things people around want to hear. Norman is not even a huge threat. Ennie will be struggling to make weight after the Teo fight.
I see your point and although Boots isn't a mega star, he is more known and has a bigger fanbase than Norman. Boots does well in Philadelphia and headlines. What arenas does Norman fill? The title alone doesn't determine the pay split. Madrimov's pay for the Crawford fight only guaranteed him 750K as opposed to Bud's 2.5 million guarantee and Madrimov was the title holder...
Boots isn't offering the pay, the promoter is. Boots has a guarantee, that's all he can control..
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The Norman fight issue is on Eddie not wanting to pay Norman the $2.2 million that Norman senior was demanding and Norman senior not accepting the $1.7 million Eddie was offering. Nothing to do with Boots, unlike the Virgil fight that Boots flat out refused.Well, he ended up with nothing, ain't it? He's desperate for a unification, yet he won't make any adjustments to get things done. He's good at saying things people around want to hear. Norman is not even a huge threat. Ennie will be struggling to make weight after the Teo fight.
Boots has a contract for at least 2 more fights with Eddie, he's gonna get paid his guarantee which will be in the low millions no matter who he fights..Comment
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No such thing as fixed guarantee brother. Guarantees depend on the size of the fight. Giving fighter A or B $1 million for fighting Rod Salka would bankrupt any boxing business. $1.7 million is no laughing matter. Porter accepted $500K to defend his title against Brook, who accepted $200K. Thurman, Porter, Garcia only made their first $1 mil when they fought one another. Look it up, they're still on Google searches. ($1 mill is still huge even to this day.) Spence had $300K purses prior to the Brook fight. Algieri made $500K in that fight. Lowly fans who know nothing about the business should not sneeze at offers amounting to $1 million + especially for non-established boxers. It's not your money, so you sneeze at such huge offers all you want.
The Norman fight issue is on Eddie not wanting to pay Norman the $2.2 million that Norman senior was demanding and Norman senior not accepting the $1.7 million Eddie was offering. Nothing to do with Boots, unlike the Virgil fight that Boots flat out refused.
Boots has a contract for at least 2 more fights with Eddie, he's gonna get paid his guarantee which will be in the low millions no matter who he fights..Last edited by Bullrider; 12-12-2024, 10:31 AM.Comment
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When Bud was with TR, the contract stipulated that Bud was to be paid X amount of dollars for X amount of fights which came out to X amount of dollars per fight. Shakur did not renew his contract with TR that would guarantee him $2million per fight because he believed he could make more as a free agent or get a better offer from another promoter.No such thing as fixed guarantee brother. Guarantees depend on the size of the fight. Giving fighter A or B $1 million for fighting Rod Salka would bankrupt any boxing business. $1.7 million is no laughing matter. Porter accepted $500K to defend his title against Brook, who accepted $200K. Thurman, Porter, Garcia only made their first $1 mil when they fought one another. Look it up, they're still on Google searches. ($1 mill is still huge even to this day.) Spence had $300K purses prior to the Brook fight. Algieri made $500K in that fight. Lowly fans who know nothing about the business should not sneeze at offers amounting to $1 million + especially for non-established boxers. It's not your money, so you sneeze at such huge offers all you want.
Whether you believe it or not, marquee fighters are not signing contracts with a promoter without an agreed amount of what the fighter is to make for the fulfillment of said contract. Promoters take hits when their fights don't do well because their fighter is gonna get paid what was guaranteed regardless of how well the fight sells. Bob is on record claiming that he would lose money on certain fighters, because those certain fighters were getting paid their guarantee regardless how much he would lose on staging the fight.
As for sneezing at such huge offers, I'm not sure what you mean, but I imagine you're referring to the comment about Norman senior not accepting Eddie's $1.7 million offer for Norman Jr. Was the offer a good offer? I would say yes, but the reason Norman senior asked for $2.2 million was because the fight would be held in Boots' hometown with hometown judges. Those are his words not mine. He also stated that he would accept the $1.7 million if the fight were to be held in Vegas, to which Eddie declined because he didn't feel the live gate would generate as much in Vegas as it would in Philly due to Boots having a big fan base in Philly that would sell out a big venue.
With all that being said, my original point was that the Norman Jr fight not being made had nothing to do with Boots and all to do with Eddie and Norman senior not agreeing on a price...
Last edited by LarryMerchant'sBottle; 12-12-2024, 11:54 AM.Comment
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There are no such stipulations. Guarantees are negotiated for every fight. They vary. It always depends on the risk the promoter is willing to take FOR EVERY FIGHT. Arum made investments on Crawford, thinking it would double, triple his investments eventually. They never did. Bomac and Bud scammed Bob from the very start. Bud made an average of $1.4 million for every fight; one mil in the Dierry or Lundy, for example, 1.2 mil in the Postol, 4 mil in the Khan, and so on. They VARY. Bud was viciously against the proposed paycut during covid. He got what he wanted in the Khan fight. Bob was crying he lost a lot of money and nobody bought the PPV card.Last edited by Bullrider; 12-12-2024, 12:10 PM.Comment
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Go ahead and search on this site or other sites detailing the renewed contract that Arum offered Shakur. It was a 5 fight deal guaranteeing him $3 million per fight. I can find you the links if you'd prefer..There are no such stipulations. Guarantees are negotiated for every fight. They vary. It always depends on the risk the promoter is willing to take FOR EVERY FIGHT. Arum made investments on Crawford, thinking it would double, triple his investments eventually. They never did. Bomac and Bud scammed Bob from the very start. Bud made an average of $1.4 million for every fight; one mil in the Dierry or Lundy, for example, 1.2 mil in the Postol, 4 mil in the Khan, and so on. They VARY. Bud was viciously against the proposed paycut during covid. He got what he wanted in the Khan fight. Bob was crying he lost a lot of money and nobody bought the PPV card.
Canelo had a 3 fight deal with PBC for $100 million I believe. That was broken down to $33.3 million per fight. I'm not making it up. These marquee fighters aren't just signing a multi fight contract with the best looking promoter, the per fight guarantee has a lot to do with it.Comment
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So what was Ennis' guarantee when he was with Showtime? Why did he choose to stay dormant for most of his contract if he's guaranteed X amount regardless of who he fights? Not every deal is the same.Go ahead and search on this site or other sites detailing the renewed contract that Arum offered Shakur. It was a 5 fight deal guaranteeing him $3 million per fight. I can find you the links if you'd prefer..
Canelo had a 3 fight deal with PBC for $100 million I believe. That was broken down to $33.3 million per fight. I'm not making it up. These marquee fighters aren't just signing a multi fight contract with the best looking promoter, the per fight guarantee has a lot to do with it.Comment
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