Comments Thread For: Floyd Mayweather Guaranteed $25 Million For Ortiz

[mrjoeblive]

What people dont get is this is what you gotta report to the IRS. The same IRS that floyd still owes money for from the Marquez fight.

Pac is smart, he tells them he gets a 6-7mill guaranteed payday but gets the other 15+ mill from the PPV straight cash.

There are lots of ways to get around paying income tax like GE didn't pay **** in taxes last year and you can believe that Arum knows the same tricks and hooks Pac up with that. If Floyd was smart he would get a small guarantee upfront like Pac and make most of it in PPV revenues which is off the record and he can put in a overseas account.

The IRS is getting 1/3 of Floyds money straight up and if he dont pay hes gonna end up like wesley snipes, aka federal prison

When its all said and done, Pac makes more per fight than Floyd. And dont forget about Pac's numerous sponsors around the world compared to ZERO for Floyd. Well, except for lottery soda.

what a silly post. let me help you out. for each fight all income gets reported to the irs. and the way to beat taxable income is by the write offs not by hiding income. arum would have to report how much he paid pac from income and ppv sales. otherwise he would have to pay the tax man and we all know arum dont care about pac that much. and arum gives pac such low paydays(if you can call million dollar paydays low}because he can he gives pac slave wages and takes advantage of him. and i really hope your not a financial advisor because your clients would end up in federal prison. and get your facts straight floyd paid the irs. and does not pay a 3rd of each fight thats just silly to say. but then most of your post are silly

[mrjoeblive]

I'm sorry to suggest to you that he more than likely gets a far higher share of the PPV share, possibly anything up to 70-80% of what's left over after the PPV network take their 45-50%.

I think it's 50%. Someone on here will probably know.

sorry my friend but bob arum is a true shark. there is no way pac gets 70% of the ppv sales. bob arum thinks he owns pac and will NEVER pay him what he is worth. thats why floyd and oscar bolted from top rank. and thats why they made/make so much money. the only way pac gets what floyd gets is if he leaves top stank. fact.