Are Al Haymon advised fighters......

[IMDAZED]

Its the same business structure.

Here I'll post it again so that maybe this time you can understand.



For those that are wondering about the difference in numbers reported to the Nevada State Athletic Commission (NSAC), a large reason is due to the division of the $22 million guarantee between Pacquiao and his promotional company, therefore the bout agreement that's submitted to NSAC would likely only show the $13.5 million that's set aside as Pacquiao's actual purse. Furthermore, as promoter Bob Arum pointed out, under the rules of NSAC, he's only required to provide the commission the amount he's actually paying Pacquiao on the night of the fight, which amounts to the $6 million that NSAC reported. The remainder of the $13.5 million purse ($7.5 million) is paid over a timeframe usually within 30-60 days after the fight. The remaining guarantee to Pacquiao's promotional company ($8.5 million) is also likely paid out during that same 30-60 day timeframe.

So to summarize, on the night of the fight, Pacquiao gets cut a check for $6 million (minus expenses), and then he gets the remainder of his purse guarantee ($7.5 million) and his promotional guarantee ($8.5 million) spread out during a timeframe after the fight, thus totaling the $22 million guarantee ($6 million + $7.5 million + $8.5 million) that was promised to him. It should be noted that prior to Pacquiao, or any other fighter for that matter, receiving his check on the night of the fight, he is deducted a number of expenses, including manager/trainer fees, NSAC drug testing fees, advances, tickets purchased, and other incidentals. Furthermore, because he is a foreign fighter, roughly 30% ($1.8 million) is automatically set aside for the IRS, so that $6 million can quickly be cut in half.

Where do you think the remainder of that purse comes from?

[Deevel916]

This is not true though. If Haymon wants it, but the fighters don't want it, the fight won't happen. Fighters have a lot more power than you think. They have to be cool with the situation as well.

Even in terms of Canelo, Schaefer and Oscar did NOT want him fighting Trout and Lara. But that happened because Canelo really wanted it. I also heard that Haymon didn't really want Broner vs. Maidana. But that Broner really insisted on it happening.

So you think that Wilder and Kid chocolate were "cool" with turning down career high paydays? Or did Haymon make them turn down millions?

[radioraheem]

Its the same business structure.

Here I'll post it again so that maybe this time you can understand.



For those that are wondering about the difference in numbers reported to the Nevada State Athletic Commission (NSAC), a large reason is due to the division of the $22 million guarantee between Pacquiao and his promotional company, therefore the bout agreement that's submitted to NSAC would likely only show the $13.5 million that's set aside as Pacquiao's actual purse. Furthermore, as promoter Bob Arum pointed out, under the rules of NSAC, he's only required to provide the commission the amount he's actually paying Pacquiao on the night of the fight, which amounts to the $6 million that NSAC reported. The remainder of the $13.5 million purse ($7.5 million) is paid over a timeframe usually within 30-60 days after the fight. The remaining guarantee to Pacquiao's promotional company ($8.5 million) is also likely paid out during that same 30-60 day timeframe.

So to summarize, on the night of the fight, Pacquiao gets cut a check for $6 million (minus expenses), and then he gets the remainder of his purse guarantee ($7.5 million) and his promotional guarantee ($8.5 million) spread out during a timeframe after the fight, thus totaling the $22 million guarantee ($6 million + $7.5 million + $8.5 million) that was promised to him. It should be noted that prior to Pacquiao, or any other fighter for that matter, receiving his check on the night of the fight, he is deducted a number of expenses, including manager/trainer fees, NSAC drug testing fees, advances, tickets purchased, and other incidentals. Furthermore, because he is a foreign fighter, roughly 30% ($1.8 million) is automatically set aside for the IRS, so that $6 million can quickly be cut in half.

That is assuming that's the business structure for Bradley vs. Pacquaio. But according to Dan Rafael, that is clearly not the structure. It is simply $6 million + PPV revenue.

[El_Feroz82]

This is not true though. If Haymon wants it, but the fighters don't want it, the fight won't happen. Fighters have a lot more power than you think. They have to be cool with the situation as well.

Even in terms of Canelo, Schaefer and Oscar did NOT want him fighting Trout and Lara. But that happened because Canelo really wanted it. I also heard that Haymon didn't really want Broner vs. Maidana. But that Broner really insisted on it happening.

Different situation with Saul, in Al's contracts he has final say on the fights.....guess what that means?

Sure he may cater to some more than others, but at the end of the day his contracts stipulate that he has the final say. He can make any of his guys fight each other and he's holding Thurman's career hostage. Why do you think Roc Nation reached out to Thurman? They know what's up.

[Deevel916]

Where do you think the remainder of that purse comes from?

I don't understand your point.

A guarantee is a guarantee. Whether it comes from ticket sales, ppv, sponsers, etc. Pac still sees what's guaranteed to him. Its contracted. There's no "maybe" in the contract. If the contract calls for a $22mil guarantee and the fight doesn't generate the $22mil, that falls on Arum and the network. Pac still gets his money.

[bigjavi973]

It's been disproved a long time ago. The information he brought up, from FightHype, is based on things from 2010. But the information via Dan Rafael is based on things from 2012. And he clearly states that Pacquaio received $6 million for a fact, with a potential of more money based upon PPV revenue. If you don't like that fact, go complain to Top Rank and Bob Arum.

How about you try that?

So pac only got 6 mil for the fight HAHAHAHAHAHA talk about being a dumbass!!!

[radioraheem]

So you think that Wilder and Kid chocolate were "cool" with turning down career high paydays? Or did Haymon make them turn down millions?

They agreed to it because Haymon advised them to do so. They've already made a lot of money through Haymon and trust that he has their best interest at heart. Now whether it turns out to be a great decision in the long term remains to be seen.

Same situation with Thurman. He turned down the Roc Nation deal on his own he said.

[bigjavi973]

Exactly. It just goes to show that it's the FIGHTERS themselves that are UNINTERESTED in fighting Thurman. If Paulie did this while being with Haymon, some of you conspiracy theorists, would try and say that Haymon made him turn Thurman down.

Porter is with Haymon and has been with Haymon for some time now. That's a fact.

Alexander is with haymon. Thurman and alexander had BOTH expressed to haymon that they wanted to fight..... still no fight. Let me guess thats not al haymon's fault either?

[Deevel916]

That is assuming that's the business structure for Bradley vs. Pacquaio. But according to Dan Rafael, that is clearly not the structure. It is simply $6 million + PPV revenue.

Yes because Dan Rafael knows more about Pacquiaos business structure than the guy who actually broke it down and pays Pacquiao.

[SplitSecond]

Exactly. It just goes to show that it's the FIGHTERS themselves that are UNINTERESTED in fighting Thurman. If Paulie did this while being with Haymon, some of you conspiracy theorists, would try and say that Haymon made him turn Thurman down.

Porter is with Haymon and has been with Haymon for some time now. That's a fact.

why is he always stating he's a free agent and can fight either pacquiao or mayweather?

i'll look for the video but i could swear him and his father mentioned porter being a free agent, and weren't under haymon

edit: just read an article, cleared this up for me