Comments Thread For: Chavez Jr: Golovkin Purse Was Not What I Expected

[Mitchell Kane]

If He sold 600K PPV houses More than many of the top boxers, so I think he deserves more wether he has skills or not.....he has the leverage to ask for more money and Bob knows this.

Where'd you get that number from?

[Mitchell Kane]

This is why I hate promoters.. they don't fight! they don't do siht but talk! Why are they so freaking greedy!!! Boxers put their health at risk, go thru gruesome training camps, dedicate to please the fans... and they're getting shorted by greedy fat chumps like arum and company.. I got an idea.. see who agrees with me..

1. HBO/Showtime need to get rid of middlemen (promoters)...
2. Deal directly on the table with boxers & advisors/managers and basically say "Chavez and GGG there's 10million for your fight! you guys don't leave the room until you alone have decided your split!"
3. If it's PPV? Let them decide that too!
4. Tv networks will deduct a promotional fees from total revenue.
5. Get rid of interim, and other fake belts.. and just go to a monetary system.. i.e. Champ is worth $100,000, #1 contender is worth $80,000.. so you don't have has beens with names getting paid to fight champs.. if a champs wants to get paid? he's got to face the best... the only thing is that if an organization wants to rank unworthy people (which they already do) the fans will be screwed.
6. SHOW ALL REVENUE!!! ALL NUMBERS!! THAT WAY EVERYONE KNOWS WHAT EVERYONE IS MAKING AND THERE'S NOBODY GETTING SHORTED!!

So, you prescribe removing promtoers, and having managers act in the dual role of manager and promoter?

Interesting.

Seems to go against the Firewall provision, though, you know.

‘(b) FIREWALL BETWEEN PROMOTERS AND MANAGERS-

‘(1) IN GENERAL- It is unlawful for--

‘(A) a promoter to have a direct or indirect financial interest in the management of a boxer; or

‘(B) a manager--

‘(i) to have a direct or indirect financial interest in the promotion of a boxer; or

‘(ii) to be employed by or receive compensation or other benefits from a promoter, except for amounts received as consideration under the manager’s contract with the boxer.

[SUBZER0ED]

Arum is probably looking at Chavez, Jr and thinking to himself, "Damn, what a big disappointment this kid turned out to be!" Chavez Jr is a mere shadow of his great father. He lacks the discipline, skill and dedication that his father brought to the sport. Yet, he feels that he is not being paid what he's worth. He's obviously not happy where he is, and thinks he can make more money elsewhere, yet he thinks Arum should provide him with a golden parachute before he leaves. Given this kid's track record, I wouldn't be surprised that if Arum had met his demands, he would've come to the GGG fight fat and lethargic. He'd rely on his natural size advantage to carry him through, all while screwing Arum and the fans out of a proper effort. Arum made the right choice.

[Risen]

Top Rank invested a lot in Chavez. If he wants more money, expect an extension. TR did well in matchmaking and promoting this hype job, as GBP does with the Canelo hype train. Give credit where credit is due.

[Mitchell Kane]

I think cause the fine goes to the purse.. and therefore into his %.. so he had to..

Are you sure about that?

Top Rank pays Chavez, not the other way around.

The fine was to Chavez's purse.

[RSBonos]

I can sort of understand Chavez turning down the fight and wanting to become a free agent but is he really ****** enough to sit out until nearly 2016?

What I can see happening is they go to court, Chavez losses and goes back with Top Rank to fight a can after an extended absence

[ox805er]

So, you prescribe removing promtoers, and having managers act in the dual role of manager and promoter?

Interesting.

Seems to go against the Firewall provision, though, you know.

‘(b) FIREWALL BETWEEN PROMOTERS AND MANAGERS-

‘(1) IN GENERAL- It is unlawful for--

‘(A) a promoter to have a direct or indirect financial interest in the management of a boxer; or

‘(B) a manager--

‘(i) to have a direct or indirect financial interest in the promotion of a boxer; or

‘(ii) to be employed by or receive compensation or other benefits from a promoter, except for amounts received as consideration under the manager’s contract with the boxer.

I don't think you're getting me... there wouldn't be any promoters involved.. HBO/Showtime would promote it, tours and all.. managers/boxers would get paid.. that's that! no promotional cut for promoters and managers, which along with trainers cut.. I can see it making a dent in a fighter's purse..

[ox805er]

Are you sure about that?

Top Rank pays Chavez, not the other way around.

The fine was to Chavez's purse.

to me it don't make sense.. why would everyone say Arum gets 27% from fighter's purse... so that means he takes it before he pays the fighter? if so how are fighters sure it's 27% and not more? I'm not sure.. just what how I thought it worked..

[whoseyourdaddy]

Where'd you get that number from?

Thats what this article says....

[42saulh81]

At the end of the day chavez jr generates cash. Bob needs to share that wealth.