Manny not fighting in US for tax reasons?

Collapse
Collapse
  • Time
  • Show
Clear All
new posts
  • junior gong
    snr gong
    Unified Champion - 10,00-20,000 posts
    • May 2011
    • 11158
    • 1,160
    • 794
    • 18,973

    #21
    Originally posted by Big Dunn
    Of course it does. Manny and his team cite the reason for exploring Asia as money reasons. Yet the expected drop in ppv sales that Bob acknowledges (read the Yahoo article) means Manny could be losing more money. They very well could be lying and using the tax issue as a front, especially when Manny will still have to pay phillipine taxes and US taxes if he maintains his residence in Cali.

    Manny and his team are discussing leaving Vegas when implementastion of more stringent testing is close. If you only want to have a one sided discussion thats fine. But this is no different than Manny staging fights in Texas. while Bob says its "opening new markets" (which I'm sure is one piece of it) the new markets Manny explores all seem to have less stringent testing or no testing at all.

    That is not a coincidence!
    Its also not true as he has been tested for every fight(no testing at all...my god you're reaching, lol). If he was leaving the states because of more stringent testing then that looks bad, but I just think thats a wild ass guess that floms have already ******ly(and all too predictably) appropriated as fact, sad gimps that they/you are.....

    ....however, As I'd stated earlier in the thread, the bit you didnt read or pick the bones out of(you just saw Manny leaving for tax reasons, felt the pre cum bubbling and charged in like an flojob oaf), I'm not particularly interested who it is. Manny was just the example and I wanted a heads up on how the US tax sytem worked for high earning sportsmen, particularly boxers as thats the sport i'm most interested in, and what future implications it could have on the sport in regard to marquee events being held elsewhere in order to increase revenue.....

    But thanks for running in here in your floyd cape, bearing your arse and looking like a nob. Its not what was asked for, but I consider the giggle it gave me a bonus!

    Comment

    • oc9979
      Bad Intentions
      Super Champion - 5,000-10,000 posts
      • Jul 2008
      • 7192
      • 304
      • 226
      • 14,354

      #22
      Pay the taxes. He fights in the US. Get money from most of the people that live in USA. Pay the damn taxes.

      Comment

      • Jack Napier
        Whores on Our Cul de Sac
        Super Champion - 5,000-10,000 posts
        • May 2010
        • 8668
        • 812
        • 424
        • 16,030

        #23
        screw where he fights or how much he makes
        hoping like hell he wins and calls it quits afterward
        he's at a fragile point where continuing is a huge risk for him
        anybody credible is a serious threat to give him a beating now

        Comment

        • The Big Dunn
          Undisputed Champion
          Franchise Champion - 20,000+ posts
          • Sep 2009
          • 70642
          • 10,190
          • 8,378
          • 287,568

          #24
          Originally posted by junior gong
          Its also not true as he has been tested for every fight(no testing at all...my god you're reaching, lol). If he was leaving the states because of more stringent testing then that looks bad, but I just think thats a wild ass guess that floms have already ******ly(and all too predictably) appropriated as fact, sad gimps that they/you are.....

          ....however, As I'd stated earlier in the thread, the bit you didnt read or pick the bones out of(you just saw Manny leaving for tax reasons, felt the pre cum bubbling and charged in like an flojob oaf), I'm not particularly interested who it is. Manny was just the example and I wanted a heads up on how the US tax sytem worked for high earning sportsmen, particularly boxers as thats the sport i'm most interested in, and what future implications it could have on the sport in regard to marquee events being held elsewhere in order to increase revenue.....

          But thanks for running in here in your floyd cape, bearing your arse and looking like a nob. Its not what was asked for, but I consider the giggle it gave me a bonus!
          but i answered your tax question. and since no other promoter has a chinese olympian then its likely they wont be doing fights in asia.

          In the case of TR and Manny, since Manny will be losing money and HBO will see a drop in ppv numbers (again the yahoo article) it seems clear that not only wont other promoters be going to china or dubai or other tax havens, but this specific story about manny could be a cover.

          I answered your question, gave another article that discusses the thread topic, and also cited another article that addresses specifically manny's move to asia.

          I thought you were looking to have a well informed discussion of both fighitng overseas in general and manny's specific move overseas.
          Last edited by The Big Dunn; 04-03-2013, 02:37 PM.

          Comment

          • junior gong
            snr gong
            Unified Champion - 10,00-20,000 posts
            • May 2011
            • 11158
            • 1,160
            • 794
            • 18,973

            #25
            Originally posted by Jack Napier
            screw where he fights or how much he makes
            hoping like hell he wins and calls it quits afterward
            he's at a fragile point where continuing is a huge risk for him
            anybody credible is a serious threat to give him a beating now
            My apologies then. I'm not too fussed on what it means for Manny as he isnt going to be fighting for much longer anyway I think. We had the Golovkin card in Monte Carlo(although they need some serious tweaking to the way they present boxing) and now it looks like a lot more is going to be happening in Asia and particularly Macau, so I was curious as to where this might be going and what it might mean to the sport.

            Comment

            • DoktorSleepless
              DoktorWakeless
              Unified Champion - 10,00-20,000 posts
              • Aug 2010
              • 11473
              • 440
              • 186
              • 27,349

              #26
              Originally posted by Big Dunn
              a similar article is on yahoo. it says that Nevada is changing its tax rate to about 39.6%. SO manny would make less per fight in china but keep more of it. SO instead of $25 mil in vegas and getting $15 mil, manny will get $20 mil in china and keep almost all of it. Reasonable and a smart business move.

              I will assume Manny and his team are being genuine about the money (which many of his fans swore he didn't fight for). There is also something else going on in Nevada.

              The Nevada comission is looking into making their drug testing more stringent. Instead of allowing a 6:1 testosterone ratio (I believe) they are changing it to 4:1. It may just be accidental timing but it bears noting that manny and his team are discussing moving completely to Asia at a time when the Vegas and the US is making testing more stringent.

              Why the TS wants to avoid discussing it, the yahoo article discusse how this gives manny the opportunity to fight lower profile fighters for easy money.
              Arum said there would be extra testing in his next fight.

              Comment

              • IronDanHamza
                BoxingScene Icon
                Franchise Champion - 20,000+ posts
                • Oct 2009
                • 49973
                • 5,127
                • 270
                • 104,043

                #27
                You can't blame him.

                Why would he fight in the US if the taxs are that high and won't be elsewhere?

                It's been a while since big fights were in other countries anyway it's about time they had a big fight somewhere like that.

                Pacquaio-Marquez 5 in Mexico would be great.

                Comment

                • maguirre
                  Undisputed Champion
                  Super Champion - 5,000-10,000 posts
                  • May 2010
                  • 7037
                  • 543
                  • 196
                  • 11,164

                  #28
                  Originally posted by Big Dunn
                  ...the new markets Manny explores all seem to have less stringent testing or no testing at all.

                  That is not a coincidence!
                  Incredible. Can't believe these Floyd apologists still have the nerve to talk about testing when their hero tested positive three times. First of all explain to me why testing is important when your hero gets away with positive test results. I would stay away from this subject if I were a Floyd stan. Your hero is a ped user.

                  Comment

                  • Jack Napier
                    Whores on Our Cul de Sac
                    Super Champion - 5,000-10,000 posts
                    • May 2010
                    • 8668
                    • 812
                    • 424
                    • 16,030

                    #29
                    Originally posted by junior gong
                    My apologies then. I'm not too fussed on what it means for Manny as he isnt going to be fighting for much longer anyway I think. We had the Golovkin card in Monte Carlo(although they need some serious tweaking to the way they present boxing) and now it looks like a lot more is going to be happening in Asia and particularly Macau, so I was curious as to where this might be going and what it might mean to the sport.
                    no need to apologize pare, it's your thread
                    was just throwing that 2 cents in
                    Pac's simply on borrowed time from here on out
                    whatever he does, he's taking a chance, regardless of money/location

                    Comment

                    • Los Zetas
                      Banned
                      Platinum Champion - 1,000-5,000 posts
                      • Mar 2013
                      • 3918
                      • 193
                      • 74
                      • 5,543

                      #30
                      Originally posted by mikinoki
                      If he fights in another country the ppv numbers are gonna be lower so tehnicaly is the same think only Arum wants to break into Asia so the US is being deprive of seing The PacMan live
                      There's a reason why Arum signed Zhou Shimming. The Chinese are getting richer and there is big money to be made.

                      If Pacquiao was there with Zou on an undercard, he may have another potential money maker.

                      Comment

                      Working...
                      TOP