Why did Manni only make $6 million for the Mosley fight?
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pac's portion of his purse goes to his MP promotions which of course is subject to business taxation meaning you can deduct expenses from the total earnings and only the net profits will be taxed. on the other hand, his purse as a fighter will be taxed outright on its totality. if you think about it, that's a smart and legal way to minimize tax.Comment
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WHO.
GIVES.
A.
SHIT.
Unless I'm getting some of that money, I don't care. The only people caring about this are nuthuggers.Comment
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The promoter carries the entire bill of a fight. That's why fighters need them. Top Rank guaranteed Pacquiao 20M regardless of whether PPV makes this much or not. They gave Pacquiao a "floor". If the PPV generates more revenue, Pacquiao in this instance can get even more. If the PPV gets less than 20M, Top Rank will still owe Pacquiao the 20M. Given experience, Top Rank has a pretty good measure of how much a fight will make.Comment
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The better question would be: Why do you care?
I don't worry about the money my neighbor is making. And he's close enough to kill me. Why would I worry about the money a fighter I'll never meet is making?
If Floyd Mayweather is making more money than any other fighter, it really doesn't mean much. It means that potentially he's fighting the better fighters on better dates. Maybe he's the bigger draw. Or.... maybe he's being overpaid. Maybe his opponents get less money.
Maybe.... just maybe... it really doesn't ****ing matter and both he and Pacquiao will make the same money and that's all there is to it. Just a WACKY, little thought.
And yes, that's what this is all about. Don't try and spin it any other way.Comment
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The low ratings for Fight Camp 360 are from comments made by De La Hoya, pre-rehab.
Manny made a 20 million purse for the fight, plus a percentage of the ppv fights. The 6 million dollars was mentioned by Floyd. Of course he'll low ball any number. Still, given that Pacquiao needs to pay Top Rank, a portion to Golden Boy, Freddie, sanctioning bodies, other hangers-on, the purse does get reduced. It happens to all fighters.
So Manny takes for 8 to 10 million of a 20 million dollar purse. That hardly seems like a problem to me. Then there's ppv coming on top of that. Other fighters get paid a million or two and also see their purses reduced- and no extra ppv as well.
At the end of the day, Manny is rolling in it. Floyd is rolling in it. Good for them. Time to fight.Comment
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