Comments Thread For: De La Hoya Focused on Patching Things Up With Arum

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  • Nightfall
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    #81
    Screw bob arum. He is the demon that created the problem.This just shows how weak oscar is. If AL hayman and Schaefer go in the other direction. Golden boy will fold like a towel.

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    • BattlingNelson
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      #82
      Originally posted by Bronx2245
      Floyd Mayweather makes to step in the ring. After breaking Pay Per View records, Floyd took home roughly $85 million from his last fight against Saul Alvarez. How is this possible? Why does Floyd make so much more bank than Pacman?

      In order to make the really big money in the world of professional fight promotion, you need to follow the Floyd Mayweather's highly creative and highly lucrative business model. The reason Floyd Mayweather is able to take home as much as $80 million from a single night's work is because he owns every single aspect of his own events. Whenever Mayweather fights someone, he puts up all the money for the entire show, himself. He pays for the venue, the insurance, the vendors and even his opponent's purse, out of his own pocket. When Mayweather fought Saul Alvarez, he spent $15-20 million of his own money before a single punch was even thrown. He also put aside $40 million for himself as an appearance fee.
      So far you are saying that Floyd has expenses for 20+40=60M.

      Moving on:


      The major risk Floyd is taking is that all these expenses occur before the fight happens. If there was a natural disaster like a hurricane, the fight would be canceled and Floyd would be out of luck.

      On the other hand, when the Alvarez fight did go through as planned, more than 2.2 million households ordered it on Pay Per View for $65 which generated $150 million worth of revenue.
      That is income of 150M

      Moving on:

      Even after a large percentage was taken out for the distributors and costs, Floyd was still left with a $45 million bonus.
      Of that income, of 150M, 105M is taken out to distributors and costs. This leaves Floyd with 45M according to you.

      Moving on:

      And 100% of that money went directly into his bank account (after taxes).
      So the 45M is taxed. I dont know how much that tax equalled to? Is 10M in the ballpark?

      If so that leaves Floyd with 35M.

      Moving on:
      When you add Mayweather's $40 million appearance fee and his $45 million PPV bonus, you can start to understand why he makes $85 million for a single fight.

      http://www.celebritynetworth.com/art...ion-per-fight/
      And this is income of 40M that Floyd initially paid. Are they to be taxed as well? Or maybe they are just transfered from his left pocket to his right?


      Whatever. Summing up Floyd has, according to you, expenses as follows:

      20M for Canelo
      40M for himself.
      105M to distributors and costs.
      10M taxes.

      All in all that is expenses for 175M


      His income is

      150M from PPV
      40M from himself.

      All in all (without taxing the money he smartly pays to himself) that is income of 190M.

      So that gives him a result of 15M.


      Comment

      • Bronx2245
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        #83
        Originally posted by BattlingNelson
        So far you are saying that Floyd has expenses for 20+40=60M.

        Moving on:



        That is income of 150M

        Moving on:

        Of that income, of 150M, 105M is taken out to distributors and costs. This leaves Floyd with 45M according to you.

        Moving on:


        So the 45M is taxed. I dont know how much that tax equalled to? Is 10M in the ballpark?

        If so that leaves Floyd with 35M.

        Moving on:

        And this is income of 40M that Floyd initially paid. Are they to be taxed as well? Or maybe they are just transfered from his left pocket to his right?


        Whatever. Summing up Floyd has, according to you, expenses as follows:

        20M for Canelo
        40M for himself.
        105M to distributors and costs.
        10M taxes.

        All in all that is expenses for 175M


        His income is

        150M from PPV
        40M from himself.

        All in all (without taxing the money he smartly pays to himself) that is income of 190M.

        So that gives him a result of 15M.


        Those words were quotes from the article, not mine.

        Comment

        • Fighting_Pride
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          #84
          i hope the two start making fight asap. the welterweight division is stacked and i wanna see who get to reach the top of the mountain


          Posted from Boxingscene.com App for Android

          Comment

          • BattlingNelson
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            #85
            Originally posted by Bronx2245
            Those words were quotes from the article, not mine.
            You posted them didn't you?

            Comment

            • fighter86
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              #86
              Originally posted by boxingitis
              The cold war will end soon because top rank has almost nothing to offer. They need golden boy fighters.


              gotta go with this

              Comment

              • jtcs1981
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                #87
                Originally posted by Bronx2245
                Floyd Mayweather makes to step in the ring. After breaking Pay Per View records, Floyd took home roughly $85 million from his last fight against Saul Alvarez. How is this possible? Why does Floyd make so much more bank than Pacman?

                In order to make the really big money in the world of professional fight promotion, you need to follow the Floyd Mayweather's highly creative and highly lucrative business model. The reason Floyd Mayweather is able to take home as much as $80 million from a single night's work is because he owns every single aspect of his own events. Whenever Mayweather fights someone, he puts up all the money for the entire show, himself. He pays for the venue, the insurance, the vendors and even his opponent's purse, out of his own pocket. When Mayweather fought Saul Alvarez, he spent $15-20 million of his own money before a single punch was even thrown. He also put aside $40 million for himself as an appearance fee. The major risk Floyd is taking is that all these expenses occur before the fight happens. If there was a natural disaster like a hurricane, the fight would be canceled and Floyd would be out of luck.

                On the other hand, when the Alvarez fight did go through as planned, more than 2.2 million households ordered it on Pay Per View for $65 which generated $150 million worth of revenue. Even after a large percentage was taken out for the distributors and costs, Floyd was still left with a $45 million bonus. And 100% of that money went directly into his bank account (after taxes). When you add Mayweather's $40 million appearance fee and his $45 million PPV bonus, you can start to understand why he makes $85 million for a single fight.

                http://www.celebritynetworth.com/art...ion-per-fight/
                That is one of the dumbest thing I have read.

                Comment

                • maguirre
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                  #88
                  Originally posted by T.M.T
                  Screw bob arum. He is the demon that created the problem.This just shows how weak oscar is. If AL hayman and Schaefer go in the other direction. Golden boy will fold like a towel.
                  Oscar is trying to fix his company, which is wrecked by the amateurish clowns.

                  Comment

                  • Weebler I
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                    #89
                    Originally posted by T.M.T
                    Screw bob arum. He is the demon that created the problem.This just shows how weak oscar is. If AL hayman and Schaefer go in the other direction. Golden boy will fold like a towel.
                    What direction? These fighters are signed to GBP.

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                    • MC Hammer
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                      #90
                      TR is drowning, and you want to throw them a lifesaver? That makes no sense. Oscar can kiss and make up as part of his program, but don't resuscitate a competitor in the process.

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