Who is paying Mayweather?

[Deevel916]

2mil people paying $70 = $140m

add sponsorship, site fee etc

minus costs

still leaves a sh.it load of money

I dont see this fight doing 2mil. Canelo isn't close to being the star that Oscar was. He's a big star in Mexico but not here in the states just yet. Most casuals only know him as the red headed boxer from Mexico. I see this fight doing 1.3 - 1.5mil

[Vasyl’s dad]

Quote:

Originally Posted by Deevel916

Showtime pays him. GBP gets a flat fee and AL Haymon gets around 15 percent from Floyds purse.

This is all before uncle Sam swoops in and takes almost 40 percent of Floyds total income. In reality he keeps maybe around 35 percent of his total take.

What does uncle sam so exactly? hes the guy with the twins right ?

omg.......



Posted from Boxingscene.com App for Android

[HanzGruber]

Bahahahahaha!

Someone needs to photoshop Sam Watson on uncle sams face

[-MEGA-]

I'm ****ing dying over here...

Thanks bro!

[big_james10]

The word thru out the industry is that they lost money in the floyd/Guerrero fight. Given that they're guaranteeing Floyd such a largr purse of 41mil, I don't see how showtime can afford to give him Any ppv revenue. Maybe that's why his purse is so high.

The word thru the industryas you state it is nothing more than a rumor that Fat Dan Rafael pulled out of his ass. Other bloggers repeated it and it became a fact in the minds of gullible fans. Showtime is not guaranteeing Floyd anything other than one-sixth of their contract amount to broadcast his fight; and despite the bull**** that has been circulated by bloggers like Fat Dan that people automatically accept as truth, I am absolutely certain that they are not paying him $200 million for six fights just as the WWE didn't pay him $20 million for a 10 minute stage wrestling match against the Big Show, in spite of the reports.

The guarantee comes from the promoter and whatever amount Showtime is contracted to pay him (likely $10 to $15 million) is included in Mayweather's $41 million guarantee. GBP has a agreement with Mayweather in which they serve as the promoter or record for a flat fee, collect all the revenue from the PPV, closed circuit, live gate, sponsorships, etc. After taking their cut and paying all the expenses, including the other fighters on the card, the remaining profits are turned over to Mayweather Promotions. How do I know this: because I read about the deal that Mayweather has with GBP in a legitimate, factual article that was published over a year ago.

[-MEGA-]

The word thru the industryas you state it is nothing more than a rumor that Fat Dan Rafael pulled out of his ass. Other bloggers repeated it and it became a fact in the minds of gullible fans. Showtime is not guaranteeing Floyd anything other than one-sixth of their contract amount to broadcast his fight; and despite the bull**** that has been circulated by bloggers like Fat Dan that people automatically accept as truth, I am absolutely certain that they are not paying him $200 million for six fights just as the WWE didn't pay him $20 million for a 10 minute stage wrestling match against the Big Show, in spite of the reports.

The guarantee comes from the promoter and whatever amount Showtime is contracted to pay him (likely $10 to $15 million) is included in Mayweather's $41 million guarantee. GBP has a agreement with Mayweather in which they serve as the promoter or record for a flat fee, collect all the revenue from the PPV, closed circuit, live gate, sponsorships, etc. After taking their cut and paying all the expenses, including the other fighters on the card, the remaining profits are turned over to Mayweather Promotions. How do I know this: because I read about the deal that Mayweather has with GBP in a legitimate, factual article that was published over a year ago.

Post the article please

[oc9979]

The word thru out the industry is that they lost money in the floyd/Guerrero fight. Given that they're guaranteeing Floyd such a largr purse of 41mil, I don't see how showtime can afford to give him Any ppv revenue. Maybe that's why his purse is so high.

if showtime lost money in May vs Guerrero, do you think they would guarantee more money for May v Canelo.

[al-Xander]

The word thru out the industry is that they lost money in the floyd/Guerrero fight. Given that they're guaranteeing Floyd such a largr purse of 41mil, I don't see how showtime can afford to give him Any ppv revenue. Maybe that's why his purse is so high.

Showtime and GBP wanted Canelo from the very beginning, not Guerrero. Floyd Jr wanted Alexander. Floyd Sr wanted Khan and uncle Roger wanted Bradley or Pacquiao -- small guys.

Showtime lost millions in the Guerrero fight, so now Floyd is in this fight with a heavy heart.

[brettWall]

Sorry this might be a ****** question but who is paying Floyd $41 Mil. Is it goldenboy for just fighting canelo and then he will make more after ppv numbers?

Floyd, or I might say Haymon, used to control how much money GBP makes. I don't know the mechanics of the new arrangement where Floyd has a contract with Showtime.

[edgarg]

The word thru out the industry is that they lost money in the floyd/Guerrero fight. Given that they're guaranteeing Floyd such a largr purse of 41mil, I don't see how showtime can afford to give him Any ppv revenue. Maybe that's why his purse is so high.

There are always speculations which quickly become fact on this site and with boxing fans generally. There is NO $41 mill purse. This amount was arrived at by some imaginative reporter for one of the money magazines, I read it a couple of weeks ago but paid no attention as to whom it was. He made the most favourable assumptions for every item he could think of, beginning with the SHOWTIME "guarantee" of $32 mill, which itself has never been confirmed, It also is speculation, because the report issued st the time SPECIFIED that the figures and the terms of the actual contract were CONFIDENTIAL. Reports speculated that it "could" amount to as much as $250 mill for a maximum of a 6 fights..BUT...that each fight would be taken on it's own merits. About a week after the agreement was announced, there was an article on this site which uncovered the few details which were known, and I've mentioned them above. (I have a vague idea that the article was by Jake Donovan, certainly by one of the senior writers).

So we don't know. Now there are certain expenses. If, as I've seen written (probably another speculation but close to the mark-I think) Haymon gets 15%, (assuming the $41 mill) this will amount to $6 mill, Oscar will get at least 25% (Top Rank gets 28% from Pacquiao, and other promoters take up to 30-33%, so 25% is comparatively modest) which is $10 mill. Then there is the gate of $19 mill and the expected PPV of $100-130 mill.

I have no idea if Haymon's and Oscar's shares come from the total amount taken in, or just the "purse". Assuming $130 mill PPV, the PPV/Cable people take a min of 50% and the IRS and local taxes take 42%. And there are trainer and Team fees probably 10-15%.

So far the take comes to about 120-130% so Mayweather owes them money....... I'm kidding of course, but I'm just pointing up the intricacies of boxing economics.

Someone will doubtless come on-site who knows all about it (at least he'll say he does) and tell us all about Mayweather's bank balance and the exact dollar amount he pays for his ***ellery, not to mention how much his kids' support costs him etc.etc.

I'm very sceptical of any reports which purport to know what a top boxer earns. An instructive thing to do might be to look up on the internet the duties and responsibilities of a Promoter. It won't tell you how much Mayweather is going to earn, but it'll show you that whatever the amount a promoter gets, he earns it.

And....... although the majority of the PPV money comes in fairly quickly, it's common knowledge that it takes over a year for all the streams to arrive and be counted. I'm sure I've forgotten several major incomes or expenses (like the advertising and the many cities tours and TV press reports, Commission fees) but it all depends on which amounts it all comes from, and what the total amount will be...which we'll never know, so it doesn't matter.

There will be a lot of money around anyway on this exciting weekend, and those doing the work will get paid.