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Haymon is, in essence, a booking agent for the folks he works with; Haymon talks to the TV folks, Haymon talks to whomever he wants to stage the fight, Haymon talks to the fighter and their camps, and then the parties involved hammer out the deal.
The TV partner (that Haymon talked with) works with the promoter (that Haymon talked with) to stage bouts for the fighters (that Haymon talked with), with Haymon only ever seeing any actual money from his fee from the fighters earning over $150,000.
Nothing that Haymon actually does is tied to anything that you'd actually view as promoting, though Haymon's placement is clearly in the grey.
As an example, Stephen Espinoza (Showtime) will pay the licensing fee to DiBella Entertainment (DBE), who pay the money to Haymon Sports (the advisory organization that Haymon utilizes), who then pay into the LLCs of Danny Garcia and Keith Thurman, which subsequently pays Danny Garcia and Keith Thurman respectively.
The most that anyone can ever tie Haymon to being is being a manager.
The TV partner (that Haymon talked with) works with the promoter (that Haymon talked with) to stage bouts for the fighters (that Haymon talked with), with Haymon only ever seeing any actual money from his fee from the fighters earning over $150,000.
Nothing that Haymon actually does is tied to anything that you'd actually view as promoting, though Haymon's placement is clearly in the grey.
As an example, Stephen Espinoza (Showtime) will pay the licensing fee to DiBella Entertainment (DBE), who pay the money to Haymon Sports (the advisory organization that Haymon utilizes), who then pay into the LLCs of Danny Garcia and Keith Thurman, which subsequently pays Danny Garcia and Keith Thurman respectively.
The most that anyone can ever tie Haymon to being is being a manager.
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