One thing you have to respect Al Haymon for!

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  • mathed
    molṑn labé
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    #21
    Originally posted by mortal7
    I know he gets a bad rap on here but he really does care for his fighters. I saw a Showtime piece awhile back and they said how much Haymon cares for his fighters. He calls them his sons and he advises them how to invest their money so they won't go broke. As boxing isn't really governed and no one really looks out for the fighters in the overall landscape, it's good to see someone looking out for the fighters. You always see sad stories about boxers going broke and Haymon is trying to stop that sad trend. There is a reason why a lot of fighters are signed with him. Bravo Haymon, but now it's time to start making mouth watering fights that we want to see on PBC.
    He gets them to invest back into PBC by telling them it is for the benefit of their futures. He can drain it like a retirement plan similar to Enron.

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    • Eastcoast
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      #22
      Just how crazy PBC fight purses are right now.

      Erislandy Lara
      Purse Opponent
      $135,000 Paul Williams
      $40,000 Freddy Hernandez
      $202,500 Vanes Matirosyn
      $175,000 Alfredo Angulo
      $270,000 Austin Trout*
      $1,000,000 Saul Alvarez
      $1,000,000 Delvin Rodriguez

      I can see someone making an argument that Lara had been underpaid, but $1mill for Delvin Rodriguez when you just made $1mill for Alvarez? And look at Robert Guerrero get paid $1mill for a club fighter who was only paid $80k. Then keep in mind Haymon (per that article which is what GB's lawsuit is based on), is getting 20% of each of his overpaid fighter's purses.

      Al made himself $400,000 on two fights nobody wanted to see.

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      • IMDAZED
        Fair but Firm
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        #23
        Originally posted by Barcham
        Of course Haymon gets his fighters top money because he gets a big piece of that money. He runs PBC and is in charge of how much they make and the more they get, the more his percentage works out to be. He is not doing this out of the goodness of his heart, he is doing it to pad his own bank account.

        But there is ABSOLUTELY NO conflict of interest going on there at all.
        This might be the dumbest thing I've read today. Of course he gives them top money because he gets a big piece of it? You could say that for every promoter, genius.

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        • Dolezal
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          #24
          Originally posted by IMDAZED
          This might be the dumbest thing I've read today. Of course he gives them top money because he gets a big piece of it? You could say that for every promoter, genius.
          Haymon isn't a promoter.

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          • KayDub
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            #25
            Originally posted by mortal7
            he advises them how to invest their money so they won't go broke.
            I REALLY hope this is the case and if it is I'm REALLY glad to hear that.

            Most athletes don't know what to do with money and they don't seek professional help because they assume the professionals will rip them off. These guys typically hire one of their friends from back in the day to manage their money and these friends are typically seriously unqualified to handle it.

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            • Barcham
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              #26
              Originally posted by stellar boxer
              Haymon isn't a promoter.
              BINGO!

              His fans seem to forget that, though. Promoters also do not get a cut of a fighter's purse. Promoters arrange and promote the fight and they are the ones who actually pay the fighter who then pays his manager and 'advisor' and the other people who are supposed to work for the fighter as part of his team... trainer, gym facilities, physiotherapists, etc...

              A fighter signs a contract with a promoter. The promoter is basically his boss. A manager and advisor sign a contract with a fighter, and the fighter is essentially their boss. Except in Haymon's case where he controls everything about a fighter's career once they sign with him. So he is not really a manager, he is not really an adviser.

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              • Barcham
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                #27
                Originally posted by KayDub
                I REALLY hope this is the case and if it is I'm REALLY glad to hear that.

                Most athletes don't know what to do with money and they don't seek professional help because they assume the professionals will rip them off. These guys typically hire one of their friends from back in the day to manage their money and these friends are typically seriously unqualified to handle it.
                Actually, in most sports today athletes have very competent business managers and advisors. They also have players' unions in all major team sports, something boxing is sorely lacking. Any fighter with half a brain should be signed with a decent sports manager. If he is not, he has no one to blame but himself. We no longer live in the dark ages.

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                • Ringlife
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                  #28
                  I don't have a problem with what Al Haymon is doing right now, the fighters are getting paid. The fights are on regular t.v.networks, and the match ups have been decent, there has been a couple of fighters that I would like to see fight better opponent's but overall it's been a solid year of boxing this year.

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                  • English Lion
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                    #29
                    As corrupt and dodgy as he seems to be...one thing that can not be denied is the fact that the man pays his fighters extremely well!

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                    • sicko
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                      #30
                      Originally posted by Barcham
                      Why do both of the guys in your sig wear skirts in the ring?

                      As for the rest of your post...
                      Of course you was going to show up to this thread. Anything about Haymon or PBC you come running so clearly you "Give A ***"

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