Purses for Saturday: Canelo 1.5M, Lara 1M

[Hitman932]

So 4 million in purses for the PPV. Say $60 is the PPV price and say it does 250k. GB should still see a profit if my thinking is on point

— Ernest Gabion (@eaner0919) July 9, 2014

Math? Who needs it?

$60 * 250k = 15m. PPV distributor takes 7.5m

Promotion is left w/ 7.5m plus the gate to pay 4m in purses. Obviously this is a winner business wise for the promoter and obviously Canelo will get a solid cut of the 4-5m surplus even at those conservative estimates.

Now if it does 350k we're talking 21m in revenue or 10.5m plus gate for the promotion.

[ManOfVictory]

the Somalian should thank Canelo.


Posted from Boxingscene.com App for Android

[crazed_z06]

These look like MMA purses.

I thought for sure Canelo would make more. Didnt Cotto just get like 7 million to fight a cripple?

[Resilient]

Why should we care about how much they got paid? I don't get it.

Coming from a Floboner!!

[Resilient]

Boxing is a tough, tough sport to make it in, man. Canelo is one of the biggest names in the business, yet he probably makes less than a "pretty good" Major League Baseball player. When you consider that there are precious few boxers that make more than him, it's just sad. Sadder still are the numbers for the guys in the trenches.

All whilst damaging their brains

[CubanGuyNYC]

All whilst damaging their brains

That goes without saying. A lot of people don't know this, but MLB players get a full pension after ten years. On top of that, players get a stipend of (last I knew) $100 a day meal money. Imagine that! The stars and the bench-riders alike get these benefits. In boxing, a handful of stars get paid well enough to retire comfortably. The rest get little more than bodily damage. It's depressing to think about, but it's the reality.

[Check_hooks]

Since you want links, where's YOUR link of how this stuff works? Promoters do not get money from the fighters. But you keep believing what you want.

Classic deflection tactics when you know you have no case

[fighter1234]

Mares still the highest paid in GBP/Haymon's lower weight stable....not counting GR Jr because he only got that much thanks to Lomachenko

#CaneloLara purses: Canelo $1.5M, Lara 1M, Mares 400k,Oquendo 50k, Juanma 125k,Vargas 75k,Perez 100k,Herrera 125k,Kameda 60k, Sor Singyu 40k

— Dan Rafael (@danrafaelespn) July 9, 2014

I don't know why some people hate Haymon. He gets his fighters paid. If Lara had any other manager his purse would be south of 600k.

[Aztekkas]

I don't know why some people hate Haymon. He gets his fighters paid. If Lara had any other manager his purse would be south of 600k.

I don't think hate is the proper word for the general dislike towards Haymon. I believe the reason why fans dislike him is because of the crappy competition his fighters are lined up against. Sure they get a pay day but is it proper for them to receive a hefty check from fighting lower leveled opposition when his fighters are elite champions or contenders? His world champs and contenders are fighting competition fit for a prospect and getting dates on shotime to display a mediocre showcasing for a decent payment. How is that healthy for the sport? How is it fueling competition? It's not. It promotes ducking, cherry picking but some fans justify it because, "they gettin money doe " and it doesnt work that way. As long as fighters aren't get ripped off and are holding a belt, we as fans of the sport would like for them to carry themselves as such and defend or fight proper opposition.

[R_Walken]

That goes without saying. A lot of people don't know this, but MLB players get a full pension after ten years. On top of that, players get a stipend of (last I knew) $100 a day meal money. Imagine that! The stars and the bench-riders alike get these benefits. In boxing, a handful of stars get paid well enough to retire comfortably. The rest get little more than bodily damage. It's depressing to think about, but it's the reality.

Agree with everything you wrote. The thing with boxing is that if your able to beat the odds and somehow become the face of your sport ( Mayweather, PAC, Oscar, Tyson, SRL,Ali, Joe Louis). You'll probably make more $ then any other athlete of your era.

History's shown that boxers will most likely get taken advantage of and lose a majority if not all of it. But the earning potential in boxing for the top 1 or 2 guys is absolutly crazy especially now in the PPV era.