SO Manny already got $2 mil, is guaranteed $5 mil more, and will get the rest later. Its more than I make but I figured he'd be making more.
Manny P guaranteed 7M Bradley 4M
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When the great and mighty Thomas Hauser spent significant chunks of Part II of his Haymon expose discussing filings differences for Thurman and Tarver and handwringing about the 'significant tax consequences if an inaccurate filing occurs', folks on this site ate it up as an some indictment of 'dirty business'.Of course it depends entirely on what his minimum is with Top Rank. If, for example, his minimum is $20m with Top Rank and the ppv is a flop, then top rank still owes him $20m. But I'm sure the contract is more of the lines of "if PPV sells X amount you get X amount" and so on, as I'm sure Top Rank is smart enough not to take a big loss. Regardless, the point I'm making is the Nevada sheet is not his guaranteed amount like OP claimed, it never is with Top Rank. Just like that left hook article mentions, we've seen guys have $1.00 on the Nevada sheets before and we know, of course, these guys didn't literally make one dollar.
It's funny how selective the indifference is on whether or not this is problematic, depending on WHO is doing it.
FYI - Not necessarily directing at you.Comment
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the 7mil is only the money he getting on sat. It's already been reported he is getting 20mil guaranteed for this fight. That means Arum has already given some money to Manny as an advance and the rest he gets after the fight when they are done counting all the PPV numbers. He's likely getting less on the upside for the PPV buys then usual fights but I don't think this fight performs well at all. Whatever is the minimum he can make is all he is getting. Too many negative factors going into the fight spells PPV bomb. The numbers just don't add up for this fight to be successful. Bradley making 6mil and Manny making 20mil. You need well over 400k ppv buys just to break even. Mayweather vs Berto which also bombed and lost millions only did 400k ppv. I think this does less around 300K buys.Last edited by bigdunny1; 04-07-2016, 10:24 AM.Comment
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Look at the picture I posted on the first page. Valdez is getting a PPV cut too. So you splitting the PPV between Top Rank, HBO, the cable/satellite providers, Bradley, Valdez, & Manny. I don't like big PPV cuts for the fighters. There majority of their money should come guaranteed and PPV should be a bonus. It's the promoters job to sell the PPV, not the fighters. The promoters should take the hit if the PPV fails. And why the hell is Manny still getting advances?the 7mil is only the money he getting on sat. It's already been reported he is getting 20mil guaranteed for this fight. That means Arum has already given some money to Manny as an advance and the rest he gets after the fight when they are done counting all the PPV numbers. He's likely getting less on the upside for the PPV buys then usual fights but I don't think this fight performs well at all. Whatever is the minimum he can make is all he is getting. Too many negative factors going into the fight spells PPV bomb. The numbers just don't add up for this fight to be successful. Bradley making 6mil and Manny making 20mil. You need well over 400k ppv buys just to break even. Mayweather vs Berto which also bombed and lost millions only did 400k ppv. I think this does less around 300K buys.Comment
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he's guaranteed $20M.
from Dan Rafael.
http://espn.go.com/boxing/story/_/id...y-bradley-bout
"Top Rank has guaranteed Pacquiao $20 million for the fight, although his official purse -- and, therefore, his fight-night check -- will be for $7 million, according to the Nevada State Athletic Commission. Pacquiao will collect the remaining $13 million within a couple of weeks of the fight, Top Rank promoter Bob Arum told ESPN.com on Wednesday."Comment
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I'm not arguing if the PPV is going to do well or not. My point is that this is typical for Top Rank. Pac vs Bradley II, on the Nevada sheet both were listed at $6 million, but Pac's minimum with Top Rank was $20 million (source)His minimum is 7 million.
Pacquiao isn't gonna see 20 million dollars off this ppv because it isn't gonna sell anywhere near the first or second fight.
Casual fans don't even know pac is fighting th is weekend.
Hell even boxingscene is quiet on this fight.
350k ppv buys max.
For Pac vs Bradley I, Pac was again listed at $6 million, but his minimum with Top Rank was reportedly $26 million (source)
So Pacquiao will get paid whatever his minimum is with Top Rank (if it's $15 million for example, top rank owes him the remaining $7 million or whatever). Top Rank can put whatever they want on the Nevada sheet and going by what they do in the past, it's always a lower number. I'm sure a lot of this has to do with tax purposes.Comment
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