I woulda though a top 5 P4P fighter would be making much more.
Purses for tonight's fighthers.
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Exactly. It's kinda the reason why people go after the bigger names, to get paid the big bucks. Anyway cong**** to rigo for that big paydayComment
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how much is 750,000 convert to rocks and sticks so he can go back to cuba and reunite with his family and help them out like a real man.Comment
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not one night, boxing train and work for months, they perform one nightThat's probably what he'll end up with anyway.
Donaire ends up with less than 1 million.
Sanctioning fees, managers share, promoters cut, federal tax, coach+corners cut.
Promoters cut alone: 27%. Floyd Mayweather Jr gives up roughly 26% of his purse to Al Haymon, I did the calculation for his Ortiz purse from the official NSAC documents. Floyd earned $24,671,750 and gave up $6,600,000 in managers share, which resulted in $18,071,750, if you calculate that, it's roughly 26%. Arum takes about the same from his fighters' purses. 27%.
1,320,000 * 27% = $356,400 = $963,600
750,000 * 27% = $202,500 = $547,500
That is just promoters cut. Now managers Cameron Dunkin and Gary Hyde want their cut too. I could be wrong but the manager gets a 10% cut, which would be a total of 37% of their purse already gone. Add in taxes, sanctioning fees and corner, and what Juan Manuel Marquez said about him actually taking home less than 50% of his last purse because of federal taxes and all. ****.
On the bright side, 6 digits for one night, sign me up.Comment
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