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Yeah, and FORD would take 10 grand for their new 2014 Shelby Mustang the benefits would be great for me as well.
However I live in the real world, where I deal in terms of what realistically is going to happen. What realistically is not going to happen is FORD isnt taking 10 grand, and Pacquiao isnt signing with Mayweather Promotions, and Floyd knows it.
And doesn't want Manny... clearly by that requirement. Thanks for agreeing.Floyd has big fight options if he continues to win. He doesn't need manny
I never said he was scared.... did I?and seems only willing to entertain the fight on terms that are one sided in his favor. That doesn't make him scared it makes him greedy.
I said he doesn't care about the fight, doesn't want the fight... it doesn't matter to him. Which is clear by what he said.
It seems like you agree with me, but won't admit it because it somehow sheds a bit of negative light on Floyd if you agree that he doesn't want the fight. You came close in saying he doesn't need it. Really, he doesn't want it. If he DID want it, those requirements would not be made.Comment
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Well, here we are:
Mayweather Promotions is a limited liability company (an LLC) in Nevada. Being a LLC in Nevada has a bunch of tax advantages including no personal income tax, no corporate tax, no gift tax, and no unitary tax. There are also liability advantages for being located in Nevada including the fact that officers (C-level, presidents, vice presidents, etc.) cannot be sued as an individual for actions tied to the company, except for outright fraud. There are a bunch of business-friendly privacy laws in Nevada as well. I assume that there is some liability and tax advantages for funneling Mayweather's cash through Mayweather Promotions, and that's why it exists.
You may have heard people say that Mayweather promotions is not a licensed promotional company as can be seen here. In Nevada, you have to go through a licensing procedure before the Nevada State Athletic Commission would recognize a LLC which are listed on the NSAC website. Essentially, there is a bunch of paperwork to fill out and there is a sizable fee to pay to NSAC.
It is not a difficult procedure but once you become a licensed promoter, the company becomes responsible for a ton of logistics related to putting on a fight. The promotional company is responsible for paying officials, drug and steroid testing, primary medical insurance for the fighter, making sure an ambulance is at the arena, paying ticket fees, paying television fees, submitting the appropriate paperwork, scheduling the proper events, getting the proper licenses, hire a ring announcer, make sure the fighters have appropriately stocked dressing rooms, a proper scale for the weigh-in, supplying approved gloves, issuing credentials, and giving officials parking passes. Whew, that's a whole lot of stuff, and it's why Mayweather Promotions does not want to become a licensed promoter.
It's assumed that Mayweather Promotions would need to hire a bunch of people to make sure all of these logistical issues are appropriately handled. Basically, they would need to have an actual business and I don't think Floyd has any interest in the logistics of a fight.
Whenever a "Mayweather Promotions" fighter fights, the promoter responsible for these logistics is Golden Boy Promotions.
To expand on that article,Floyd provides 100 percent of the financing
for his own fights and the fighters he promotes.And as a result Floyd Makes money off the ticket sales,over seas showing of the fights,theater showing,products that are sold at the fight and don`t have to give a cut of his share of the PPV to anyone.Comment
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I think people take Mayweather to literal. What Floyd is doing here is simply messing with Manny. It's a jab basically saying you fell off. He's trying to son him.Comment
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I continually said he needs more time and that next May this fight would be huge huge and got hated on by posters like you, hell you might even be one of them, who asked why im defending Floyd ducking him. Though im all for Canelo and the new face of boxing in that fightComment
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Mayweather never had serious intentions of fighting Pacquaio (especially when he was in his prime).
Mayweather is a cherry picker. Always has been, always will be.Comment
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Pacquie should just accept. Pacquie would have a better contract under Floyd then with Bob. Pacquie has no leverage.Comment
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