That seems alot. Even more than Roach's 10% therefore I don't believe it. But I keep on reading and hearing he IS getting 27% of Manny's purse. If its true thats a straight out robbery!
Does Bob Arum really get 27% of Manny's purse?!?
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i'm guessing he gets 27% of the event and not manny's purse. if so, then manny isn't seeing a lot of his money. 35 percent going to taxes, 27 percent to arum, 10 percent to roach, and that's not counting travel, lawyers, accountants, manager, etc. that would mean he takes in less than 12 percent of his purse.Last edited by RingTech01; 11-29-2009, 09:25 AM.Comment
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Might be. But you have to consider why they are using MP promotions, Cotto promotions, Mayweather promotions, Marquez promotions etc. etc.
That is where they get 50% of their income (no deductions).
The other half is where the promoter gets his cash, as well as the trainer I believe.
Plus, a lot of bob arum's money come from the sponsors, as well as MGM grand who pays a huge amount of cash for them to stage the fight.
You can only get to "insert_your_name promotions" if you have reached stardom though.
So if you don't get it, your net pay would s*ck!Comment
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it's that floyd d*ckriding liar named "karceno" from youtube who started the rumor.
after that, "karceno" was exposed for his other lies to protect floyd's image, etc.
i think floyd and "karceno" personally know each other.Comment
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Nevada doesn't have incom tax (of course that leaves the fed taxes, but 35%??)...i'm guessing he gets 27% of the event and not manny's purse. if so, then manny isn't seeing a lot of his money. 35 percent going to taxes, 27 percent to arum, 10 percent to roach, and that's not counting travel, lawyers, accountants, manager, etc. that would mean he takes in less than 12 percent of his purse.Comment
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yeah, it's that "karceno" dude that i'm talking about.
i guess he just happened to swing by Top Rank's offices and went through the filing cabinet and was able grab ahold of the contract
if you look at his other videos, everything is about bashing pacquiao and hyping up floyd. the guy is a known liar on many occassions.Comment
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Manny gets 27% and Arum gets the rest.Arum's always like that,that's why he matches his own fighters.Imagine Manny got 27%,Cotto 27% and Arum got the rest.That's why Floyd Mayweather bought himself outComment
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