Well this goes for any fighter. What fighter doesn't have to come out of pocket for expenses, deductions, etc?...
Even Floyd the highest paid fighter has to pay these same expenses. Al Haymon takes his cut. GBP takes their promotional fee. Training expenses. And the biggest one of all.....Uncle Sam takes his 39.6%.
True. Hence why it's questionable that Pacquiao reaches $25m on these fights. But we really don't know, to be fair.
True. Hence why it's questionable that Pacquiao reaches $25m on these fights. But we really don't know, to be fair.
Well no fighter ever see's their entire fight purse. As I stated in an earlier post, Some people actually believe that when its reported that Floyd makes $40mil that he actually keeps the entire $40mil. LOL. He'd be lucky to see $15mil of that 40 once all taxes and expenses are paid.
Same goes for Pac and every other fighter in the sport.
Well this goes for any fighter. What fighter doesn't have to come out of pocket for expenses, deductions, etc?...
Even Floyd the highest paid fighter has to pay these same expenses. Al Haymon takes his cut. GBP takes their promotional fee. Training expenses. And the biggest one of all.....Uncle Sam takes his 39.6%.
Some people actually believe that when its reported that Floyd makes $40mil that he actually keeps the entire $40mil. LOL. He'd be lucky to see $15mil of that 40 once all taxes and expenses are paid.
With Pacquaio, again, it says he got ONLY $6 million for an actual fact. Potentially, he could get more via PPV revenue if it sold well and Top Rank profits. It's far different from getting a check worth $26 million. Pacquaio only got $6 million before he even deducted any expenses such as tax.
Two career high paydays seem like he's doing well to me. He made more money than anyone in his division not named Manny or Floyd. Pretty good if you ask me.
With Pacquaio, again, it says he got ONLY $6 million for an actual fact. Potentially, he could get more via PPV revenue if it sold well and Top Rank profits. It's far different from getting a check worth $26 million. Pacquaio only got $6 million before he even deducted any expenses such as tax.
You obviously did not read the article to the link that I posted. A guarantee is a guarantee. Just because a check in the amount for $6mil -expenses was cut the day of the fight doesn't mean that's all he's receiving. He's guaranteed to see the amount contracted over a period of time minus taxes and expenses of course.
Floyd on the other hand gets his $40mil check in its entirety because GBP pays it out upfront and collects on the back end. He's his own company, therefore he has to pay all the expenses and taxes himself out of that $40mil rather than having it deducted the way Pac does.
Whether its being deducted or you're paying it yourself, the end result is the same.
Someone who said fighters themselves turned Thurman down.....They can't, Haymon has the final say on who they fight....some of the guys were'nt signed to Al at the time but now there is no reason Thurman should be fighting the trash he's fighting. He's the interim champ and the WBA should be held accountable for not even trying to set up a shot at Floyd or making him vacate.....ridiculous all around.
And to those who said it's a transition year, to @rse with you....he has the deepest stable in the game and there is no valid excuse to hold the sport hostage for a year. You don't get kicked off HBO for no reason, especially when you have the fighters he has....it's because the guy is absolute poison. Why do you think Jay-Z is messing with him, Jay-Z doesn't care about boxing, he just wants to funk with Haymon and it really looks bad making his fighters turn down massive purses in the process.
Seriously, what kind of manager advises their clients to turn down their biggest paydays and vacate belts that are the only reason they're relevant in a division? It's madness and it's too bad that hardcore fans who have a clue don't really have any clout resulting in ratings for a bout like Garcia-Salka.
You obviously did not read the article to the link that I posted. A guarantee is a guarantee. Just because a check in the amount for $6mil -expenses was cut the day of the fight doesn't mean that's all he's receiving. He's guaranteed to see the amount contracted over a period of time.
Floyd on the other hand gets his $40mil check in its entirety because GBP pays it out upfront and collects on the back end.
That FightHype article is not about the financial breakdown of Bradley vs. Pacquaio. It breaks down Pacquaio finances based on things from 2010. Whereas the reporting from Dan Rafael speaks specifically about Pacquaio vs. Bradley.
And it states Pacquaio only received $6 million. And that anything more than would come from a portion of the PPV sales. Nothing else. So if Top Rank profits, Pacquaio would see more money. If they don't though... both Pacquaio and Bradley won't see anything more.
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