What exactly is a 'guaranteed purse?'

[Laxalt]

I was always under the impression that a guaranteed purse was the guaranteed revenue from ticket/PPV sales. However I'm reading articles on fighter's purses from past fights and they say something along the lines of '$1m guaranteed purse plus revenue from ticket and PPV sales'.

So the way they word that, they are saying that ticket/PPV sales is a separate entity from a guaranteed purse. If this is true, can someone explain where the money for the fighters' purses comes from?

[Madison Boxing]

its purse that is guaranteed

[Sadiqkingofko]

guaranteed purse is something you will get even if the fight fails, you could get much more money if the fight sells out and does a good ppv

[Laxalt]

guaranteed purse is something you will get even if the fight fails, you could get much more money if the fight sells out and does a good ppv

Where does the guaranteed purse come from though? Ticket sales? Promoters?

[.:: JSFD26 ::.]

Where does the guaranteed purse come from though? Ticket sales? Promoters?

It's just a guaranteed "flat fee." If I'm not mistaken the network gives the money for the fight then the promoter uses that money to pay the fighters and everything else.

[Laxalt]

It's just a guaranteed "flat fee." If I'm not mistaken the network gives the money for the fight then the promoter uses that money to pay the fighters and everything else.

That makes sense, thanks! What about for un-televised events?

[285Kid]

Cotto next fight , its doesn't matter who he fighting his guaranteed $15 million by Roc Nation..

[.:: JSFD26 ::.]

That makes sense, thanks! What about for un-televised events?

I don't wanna give some wrong info but I think the network says to the promoter: We're gonna give you this much money.

Then the promoter has to figure out how to split that money between ALL the fighters while keeping some to pay for the venue, the ring girls and all that crap.

Network makes money from the viewers, promoter makes money from sponsors and gate money.

If I'm wrong someone correct me.

[Furn]

It's basically the minimum a fighter will earn and is usually covered by the promoter.

So you might get 25% of revenue with a 1million guarantee.

Which means if the fight makes $2mil you still get your 1mil but if it does $6mil you get 25% of that which is 1.5mil.

You don't get your guarantee AND your % as some in here think.

It's one or the other, whichever is higher.

[juggernaut666]

Its a product used to carry hair brushes ,make up ,lipstick ,money ,mace etc ....its like a pouch that has a carrying handle that goes over the shoulder . If this fits the criteria , you are guaranteed its a purse !