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Comments Thread For: WBC Prez Firm: Cotto-Canelo Winner Must Face Golovkin
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Crickets I hear???
I like that last sentence! "Including amounts calculated and paid following the contest"
I wonder what would need to be calculated following the boxing match??? Could it be PPV Buys???
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However, if 'gross purse' is managed entirely by the promoters, its highly unlikely the WBC receive 3% of the entire pot (per boxer). If promoters are able to skew figures to evade taxes, i'm pretty sure they can fool the WBC. The key there really is that only the boxer is answerable to the WBC, not the promoter. Big enough en****** like Golden Boy will get away with most things.
Another thing we must take into account is that the WBC rules arent worth the paper they are written on, for example:
If a WBC champion wins a title in more than one weight division, the WBC may, in its sole discretion, notify the champion that he has, e.g., 15 days from the date of the notification to elect which title he will keep and which he will vacate. If the WBC champion does not make such an election within the prescribed time, the WBC shall thereafter have the authority to vacate one of the titles when and in such manner as it may determine in its sole discretion;
(b) if a WBC champion wins a title of another organization, the WBC may, in its sole discretion, notify the champion that he has, e.g., 15 days from the date of the notification to elect which title he will keep and which he will vacate. If the WBC champion does not make such an election within the prescribed time, the WBC shall thereafter have the authority to vacate his WBC title.
The regulations youve posted are from 2011 however id be surprised if theyve been changed. Ill have to do some further digging to see how the rule is put into practice
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Originally posted by techliam View PostThats surprising actually, as other organisations dont do that, as the IBF dont.
However, if 'gross purse' is managed entirely by the promoters, its highly unlikely the WBC receive 3% of the entire pot (per boxer). If promoters are able to skew figures to evade taxes, i'm pretty sure they can fool the WBC. The key there really is that only the boxer is answerable to the WBC, not the promoter. Big enough en****** like Golden Boy will get away with most things.
Another thing we must take into account is that the WBC rules arent worth the paper they are written on, for example:
The president retains the right to bend or break any rule he wishes. I would bet my money on big promotional en****** having an arrangement with the WBC, like Top Rank do with the WBO to ensure title fights for their fighters. The financial arrangements will never see light of day however, lol.
The regulations youve posted are from 2011 however id be surprised if theyve been changed. Ill have to do some further digging to see how the rule is put into practice
Remember when the WBC without asking Pac, Arum, or Morales wanted to sanction their fight as a title eliminator??? They wanted $180,000 from each fighter JUST to be the mandatory challenger for champion Marco Antonio Barrera
They knew how much their other PPV fights made and wanted a piece of the pie!
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Originally posted by aboutfkntime View PostReal fighters don't refuse to negotiate because they have an easier way out.
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Originally posted by techliam View PostThats surprising actually, as other organisations dont do that, as the IBF dont.
However, if 'gross purse' is managed entirely by the promoters, its highly unlikely the WBC receive 3% of the entire pot (per boxer). If promoters are able to skew figures to evade taxes, i'm pretty sure they can fool the WBC. The key there really is that only the boxer is answerable to the WBC, not the promoter. Big enough en****** like Golden Boy will get away with most things.
Another thing we must take into account is that the WBC rules arent worth the paper they are written on, for example:
The president retains the right to bend or break any rule he wishes. I would bet my money on big promotional en****** having an arrangement with the WBC, like Top Rank do with the WBO to ensure title fights for their fighters. The financial arrangements will never see light of day however, lol.
The regulations youve posted are from 2011 however id be surprised if theyve been changed. Ill have to do some further digging to see how the rule is put into practice
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Originally posted by Shadoww702 View PostCrickets I hear???
I like that last sentence! "Including amounts calculated and paid following the contest"
I wonder what would need to be calculated following the boxing match??? Could it be PPV Buys???
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