Cotto-Martinez revenue is split 55/45

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  • DoktorSleepless
    DoktorWakeless
    Unified Champion - 10,00-20,000 posts
    • Aug 2010
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    #1

    Cotto-Martinez revenue is split 55/45

    Not as bad as I thought.
    Cotto and Top Rank (Miguel's promoter) had retained Puerto Rican television rights off the top. The first $15,000,000 in net revenue after that would be split 55 percent to Cotto and Top Rank, 45 percent to Martinez and his promoters (DiBella Entertainment and Sampson Promotions). Thereafter, the split would increase to 60-40.
    Via Thomas Hauser
    http://www.thesweetscience.com/news/...mbat-and-sport

    Also, pretty interesting quote from Sergio
    "The very poor identify with boxing," Sergio observes. "They look at boxers and relate to the economic conditions that we came from and to our struggle. They admire the courage we have to fight to get to the next level. The very wealthy look at boxers as two animals trying to kill each other for their entertainment. They don’t identify on a human level with the fighters. Many of them – I truly believe this – want to see me fail in the end, lose all my money, and go back to nothing. It's like a game for them. And sadly, most boxers who go from very poor to very rich go back quickly to being poor again."
  • Hougigo
    Gossip Girl
    Franchise Champion - 20,000+ posts
    • Sep 2011
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    #2
    I thought it was going to be worse

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    • Hyper Knuckles
      Knights of the Round
      Platinum Champion - 1,000-5,000 posts
      • Aug 2010
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      #3
      I feel you bro

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      • Check_hooks
        The Don of NSB
        Unified Champion - 10,00-20,000 posts
        • Feb 2010
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        #4
        Not bad for Sergio at all

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