How much do boxers really make when it's all said and done?

[Chollo Vista]

Let's say a guy is set to make 1.5 million in his next fight. By the time you pay your cut man, trainer, manager, promoter, lawyer, sanctioning fees, taxes, etc how much are you really taking home?

I think Uncle Sam takes 50% of anything over 250k off tops

iCeMaN john scully

Maybe you can chime in?

[anonymous2.0]

Let's say a guy is set to make 1.5 million in his next fight. By the time you pay your cut man, trainer, manager, promoter, lawyer, sanctioning fees, taxes, etc how much are you really taking home?
iCeMaN JOHN SCULLY

Maybe you can chime in?

I dunno, depends on what percentage your trainer and promoter takes

[Chollo Vista]

I dunno, depends on what percentage your trainer and promoter takes

On average what would you say?

[anonymous2.0]

On average would you say?

I dunno what industry average is. IIRC Victor Ortiz's old manager took a huge cut, like 20+%. Compare that to Al Haymon whom I think takes like ~10% cut.

[PK3434]

Taxes can depend on where the fight is located.

Trainer's usually take a percentage, but some take a flat fee (usually for lucrative bouts).

Manager's take at least 10% but usually higher. I don't know how it works with fighter's that have 2 or more managers (like many of Haymon's guys).

Cut man is a small amount, sometimes 1% from what I've heard.

Training camps can be expensive but sometimes those costs are covered by the promoter or a sponsor (sponsor could pay for some training camp expenses in exchange for free advertising on the trunks, etc).

Sanctioning body's never follow their rules. Its on a case by case basis but I've heard around 3% of purse.

Because of so many moving parts, its hard to come up with an average guess, but my estimate is that a guy who makes 750,000 as a purse in a championship fight, will come home with 400,000. It is a big cut but still very good pay for a sport that doesn't generate much revenue or bring in many eyeballs (in the US).

[Scipio2009]

count the noses...

Let's say a guy is set to make 1.5 million in his next fight. By the time you pay your cut man, trainer, manager, promoter, lawyer, sanctioning fees, taxes, etc how much are you really taking home?

I think Uncle Sam takes 50% of anything over 250k off tops

iCeMaN john scully

Maybe you can chime in?

a promoter can take anywhere from 10% up to a third (Chris Algieri/Star Boxing, after grinding through the build-up together, split his takes 50/50 once the money started coming), a manager/management team can take anywhere from 10% up 25%/30%, a trainer usually takes 10%, camp expenses could vary wildly based on the situation (with good sparring in Philly being what is it, "breadman" Edwards talked up being able to finance a full fight camp off of $10k), and then you have taxes (between federal/state/local, how your finances are structured, and where you're at, the full tax bill could be anywhere from 10%-40%).

And then you've got the different exceptions to the rules (ie Floyd probably ending the whole "trainer gets 10%" of the take by the ime the Jose Luis Castillo fight came around, trainers serving as de-facto managers for their fighters, father/son relationships clearing the management team sans a lawyer, etc).

Will come down to the structure the fighter has set up; Danny Garcia, with his father in toe, likely has his purse (in addition to all of his camp expenses) run through 'DSG Promotions llc', pays Haymon his fee, covers the costs of having a lawyer come in to make sure the deal is proper, pays all of his taxes, and kicks his dad a nice check for running the camp. At the end of the day, Danny likely ends up putting $.45-$.55 on the dollar into his bank account.

Weigh that against a fighter with a screwed up structure, paying a manager 20%, a trainer 10%, covering the camp expenses, paying out taxes as an individual (with state taxes to worry about), while also having to then pay back advances on the purse. Depending on the particulars, said fighter could only end up taking home $.15-$.25 on the dollar.

[watchayouhead]

Let's say a guy is set to make 1.5 million in his next fight. By the time you pay your cut man, trainer, manager, promoter, lawyer, sanctioning fees, taxes, etc how much are you really taking home?

I think Uncle Sam takes 50% of anything over 250k off tops

iCeMaN john scully

Maybe you can chime in?

A fighter should expect to walk away with 25% of that 1.5 million. About 400K in your pocket.

[Buratina]

Not that much, especially since there is not much more than a dozen fighters doing more that 1million$ per bout

[Chollo Vista]

a promoter can take anywhere from 10% up to a third (Chris Algieri/Star Boxing, after grinding through the build-up together, split his takes 50/50 once the money started coming), a manager/management team can take anywhere from 10% up 25%/30%, a trainer usually takes 10%, camp expenses could vary wildly based on the situation (with good sparring in Philly being what is it, "breadman" Edwards talked up being able to finance a full fight camp off of $10k), and then you have taxes (between federal/state/local, how your finances are structured, and where you're at, the full tax bill could be anywhere from 10%-40%).

And then you've got the different exceptions to the rules (ie Floyd probably ending the whole "trainer gets 10%" of the take by the ime the Jose Luis Castillo fight came around, trainers serving as de-facto managers for their fighters, father/son relationships clearing the management team sans a lawyer, etc).

Will come down to the structure the fighter has set up; Danny Garcia, with his father in toe, likely has his purse (in addition to all of his camp expenses) run through 'DSG Promotions llc', pays Haymon his fee, covers the costs of having a lawyer come in to make sure the deal is proper, pays all of his taxes, and kicks his dad a nice check for running the camp. At the end of the day, Danny likely ends up putting $.45-$.55 on the dollar into his bank account.

Weigh that against a fighter with a screwed up structure, paying a manager 20%, a trainer 10%, covering the camp expenses, paying out taxes as an individual (with state taxes to worry about), while also having to then pay back advances on the purse. Depending on the particulars, said fighter could only end up taking home $.15-$.25 on the dollar.

Interesting when you put things in proper perspective. A guy that's set to make 2 mil, might not even walk away with a million when it's all said and done.

[daggum]

floyd allegedly made 300 million against pac but when all was said and done he walked away with 650 dollars