Originally posted by edgarg
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I'm glad you agree with the points of my post. Yes the percentages are crazy as you say but they are accurate to within say, a single percentage point, and the information comes both from direct quotes from those involved, as well as internet research.
However i wouldn't be surprised if a bit of accounting manipulation would reduce these a bit.
Here are a few figures which are written in stone. PPV Cable people take from 50-55% of the PPV sale take, no matter whom nor what. That's their long established cut. The IRS take is around 39% and local taxes and etc take up another 3-4%. Arum said that the new tax bite of about 42% was what caused MannyP to decide not to fight in the US again. Local taxes for arena seats are about $7 each. When promoters wish to boost up their PR crap, they pay the seat tax on the unoccupied seats and can then boast of being "SOLD OUT".
When MannyP showed how much he really wanted Roach to train him, The Roach stuck him for a full 10% at a time when he was vulnerable. I've never liked Roach ever since. A trainer of a top earning fighter may be paid anything from 3% to 10%. The Roach said he wouldn't take a cent less. And that's what Pacquaio accepted. The cut-man gets from 1-3%. Then there are the other team members, camp, hotels, transport etc. although the promoter pays for some of that usually. The Promoter share is 27% and any good promoter really earns his money, because without him there wouldn't be a single cup of coffee sold at the fight-if it took place.
Yes, he'll make a lot more from his Rios fight than he would have from that $40 mill Mayweather fight. Probably about 3 times as much. MannyP is quaranteed, as I have read many times, about $20-25 mill minimum from each fight, and if the PPV is good it can be a lot more. He gets about 85% of the (50% of the) PPV, or he used to a year or so ago. His guarantee might be a bit less now after the KO loss, I don't know. Arum usually announces a "guarantee" of about $7-8 mill which I think is purely for Commission purposes, because they demand that the guarantee amount must be paid to the fighter immediately after the fight.
I believe that whoever he fights it will be still a big attraction because of his global celebrity reputation. He signed a few major endorsements AFTER his KO loss to Marquez. He's the most popular figure in 2/3rds of the world next to the Creator. Arum has had a lot to do with marketing him which resulting in his global stature. I know that he encouraged him in his political ambitions, and actually went to the Philippines to support him and make speeches for him. At least so it was reported on this site-if my memory is correct. I'm pretty sure he got a lot if advice over the years from Arum, who would naturally be intrigued by Pacquiao's background and story.
I may have made a few errors and I'm sure there's a lot more that I don't know, because boxing has the most labyrinthine machinations leading up to a fight that would make Machiavelli look like a kid in kindergarten. And sorry it's so long.
However i wouldn't be surprised if a bit of accounting manipulation would reduce these a bit.
Here are a few figures which are written in stone. PPV Cable people take from 50-55% of the PPV sale take, no matter whom nor what. That's their long established cut. The IRS take is around 39% and local taxes and etc take up another 3-4%. Arum said that the new tax bite of about 42% was what caused MannyP to decide not to fight in the US again. Local taxes for arena seats are about $7 each. When promoters wish to boost up their PR crap, they pay the seat tax on the unoccupied seats and can then boast of being "SOLD OUT".
When MannyP showed how much he really wanted Roach to train him, The Roach stuck him for a full 10% at a time when he was vulnerable. I've never liked Roach ever since. A trainer of a top earning fighter may be paid anything from 3% to 10%. The Roach said he wouldn't take a cent less. And that's what Pacquaio accepted. The cut-man gets from 1-3%. Then there are the other team members, camp, hotels, transport etc. although the promoter pays for some of that usually. The Promoter share is 27% and any good promoter really earns his money, because without him there wouldn't be a single cup of coffee sold at the fight-if it took place.
Yes, he'll make a lot more from his Rios fight than he would have from that $40 mill Mayweather fight. Probably about 3 times as much. MannyP is quaranteed, as I have read many times, about $20-25 mill minimum from each fight, and if the PPV is good it can be a lot more. He gets about 85% of the (50% of the) PPV, or he used to a year or so ago. His guarantee might be a bit less now after the KO loss, I don't know. Arum usually announces a "guarantee" of about $7-8 mill which I think is purely for Commission purposes, because they demand that the guarantee amount must be paid to the fighter immediately after the fight.
I believe that whoever he fights it will be still a big attraction because of his global celebrity reputation. He signed a few major endorsements AFTER his KO loss to Marquez. He's the most popular figure in 2/3rds of the world next to the Creator. Arum has had a lot to do with marketing him which resulting in his global stature. I know that he encouraged him in his political ambitions, and actually went to the Philippines to support him and make speeches for him. At least so it was reported on this site-if my memory is correct. I'm pretty sure he got a lot if advice over the years from Arum, who would naturally be intrigued by Pacquiao's background and story.
I may have made a few errors and I'm sure there's a lot more that I don't know, because boxing has the most labyrinthine machinations leading up to a fight that would make Machiavelli look like a kid in kindergarten. And sorry it's so long.
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