Unless it's MSG that's throwing out a bunch of money I can't see that, this is definitely embellished.
I think it would be like 6.5 guaranteed for Cotto vs 4 for Martinez...compensating both fighters well and keeping the guarantees low enough to make money on the event.
One thing I've seen people mistake however...when it comes to %, it's not upside ON TOP of the guarantee, it's whatever is higher.
So say Cotto's guarantee is 6 mill and he's got a 60-40 deal w/ Sergio. He doesn't get 6 mill + 60% of revenue that would be absurd.
If 60% of the revenue ends up being more than 6 million then that's what he gets...if 60% of revenue is lower than 6 million he still gets 6 million because that's what he was guaranteed.
Just wanted to make that clear as I saw some people mistake that in this thread.
I think it would be like 6.5 guaranteed for Cotto vs 4 for Martinez...compensating both fighters well and keeping the guarantees low enough to make money on the event.
One thing I've seen people mistake however...when it comes to %, it's not upside ON TOP of the guarantee, it's whatever is higher.
So say Cotto's guarantee is 6 mill and he's got a 60-40 deal w/ Sergio. He doesn't get 6 mill + 60% of revenue that would be absurd.
If 60% of the revenue ends up being more than 6 million then that's what he gets...if 60% of revenue is lower than 6 million he still gets 6 million because that's what he was guaranteed.
Just wanted to make that clear as I saw some people mistake that in this thread.
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