Boxers who didn't end up broke?
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I know they were close and Michael took some time out of his career early on to help Leon with his issues.I can understand where you're coming from but certain things is an issue of family pride. If I had millions I'd be embarrassed if a family member close to me was working just above minimum wage.
Wouldn't exactly pay for them to live a flashy and expensive lifestyle but I would ensure that they live a respectable life.
Maybe Michael did try to help Leon financially and Leon is just is too irresponsible to take care of it.Comment
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obviously george foreman comes to mind, humberto soto has taken all his purses over the years & owns a fleet of transit buses in his hometown in mexico. i heard on a telecast he has expanded it substantially. jameel mccline has also done well too i read. he chose to come out of retirement to see if he still had it. he got a few fights in but clearly needed to go back into retirement. he lost to harold sconiers but did manage to drop abdusalamov & break spzlika's jaw but from my understanding he has been involved in several good business ventures. sultan ibragimov i hear is an oil tycoon in russia. the klitschkos have done well too.Comment
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bruce seldon
seldon received 3.5 million when he fought tyson. i read he took that purse & paid off all his families houses & debt(parents, siblings)& set it up that he would only get like $30000\year for the rest of his life. not sure what he does now but this was a smart move to make sure he doesn't blow it all...Comment
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It was years ago that some news station did a story about Leon Spinks. He was pushing a broom on some basketball court just barely getting by. To the best of my memory, Leon, while at work, he removed his teeth and placed them down someplace, when he came back they were gone. Someone had stolen his teeth. He didn't even have enough money to buy new dentures.Comment
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But that what your supposed to do when your rich!This monster called the IRS, hits your pockets when you get those big purses that push you into those crazy tax brackets. Lol
Bad investments will do it every time, it never fails. I like to see fighters get big paydays, and it just makes me cringe when they are seen making these ****** purchases.
Seriously, buy what you want, but be reasonable. Don't buy a $10M mansion with an indoor and outdoor pool, and a tricked interior made of gold and crap like that.
What rich people fail to realize, is the maintenance involved in such purchases. can't forget about those leeches (family members included) that drain you dry.
Much appreciation to those guys who look out for their post-fight boxing career. It's hard to feel sorry for guys like FMJ.
He can spend his money however, but don't write a book in the next few years, talking how dumb you were with your money, in hopes that I buy it, to put more money back in your pockets. LOLComment
I was thinking, them grills should have him comfortable for life
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