Comments Thread For: Dulorme Not Making Money With TMT, Starts Driving Uber

[JJRod]

Yep.

I'd bet he probably made 100k-ish for the Crawford fight. Gross obviously. Net after taxes, paying his people & training expenses is probably ~30k-40k best case. Problem is that was in 2015. Its 2017 & he's fought only twice since then & those fights surely didn't pay Crawford money.

So lets just assume he made $100k total for those two fights, I'd bet against that all day, but lets assume all the same. That means in ~2yrs he's probably taken home $60k-$80k/max or $30k-$40k/per year basically. You can live on that, but you can't f#ck around much with that amount of money.

How much responsibility does a boxer need to take in his own financial life? I say all of it ultimately cuz hes the only one on the line if things don't go well & he'll be the one able to buy the crocodile skinned lambo if things do go well. And sometimes reality dictates you gotta Uber for a few months or a year if you f#cked up somewhere on that road.

Im sure 40k a year would give him a decent living in the Dominican or Puerto Rico.
It's not high living but better than average.

Fighters need advisors because let's be honest many of them aren't the brightest and have zero understanding about money.

[Eff Pandas]

Im sure 40k a year would give him a decent living in the Dominican or Puerto Rico.
It's not high living but better than average.

Isn't he living in Nevada?

Just looked it up & apparently 50k-ish is average for Nevada so yea if he's only made $60k-$80k in the last 2 years it makes sense he'd have to be doing something else to make some money.

Fighters need advisors because let's be honest many of them aren't the brightest and have zero understanding about money.

Yea wouldn't disagree with that.

But I do kinda think its just dumb young people trial & error sh^t too. I mean imagine yourself being 25 & someone throwing you $100,000 give or take lol. Then dealing with all the payouts + taxes + just be a young mfer with too much money & thinking its just the beginning of equal or better paydays & what you'd buy with that sorta mindset. Now imagine its 2 years later & you only got 2 other paydays & if your lucky for an equal gross amount lol.

Sh^t I'm risk averse with money sh^t already, in my own way anyway cuz I'm certainly into more risky sh^t than the average cat, but I'd probably be driving a Uber 6 months before Dulorme started.

[Scipio2009]

wonder if he went to Top Rank would things be any different?

He's a fringe title challenger at 147lbs, who lost his biggest fight [by KO] to 140lb king Terrence Crawford.

With as top heavy as the weight class is, and Dulorme not being the easiest of work, I doubt that Top Rank would have any much better success with him at this point, tbh.

So, Dulorme's gonna have to hardscrabble for a bit; drive for Uber, get as much work as he can as right-handed sparring for 147lbers/154lbers, and hope beyond hope that Luiz Collazo doesn't end up getting the Danny Garcia fight, or that Matchroom Sport is ready to test Sam Eggington out at fringe world level.

[The Gambler1981]

A financial adviser is not really workable for a guy making 40 grand a year, plus any financial adviser you are getting on the cheap is probably not worth whatever amount you would be paying them, unless you know someone.

Now that is something Floyd could actually do because he obviously has some so he could work out a deal where his fighters get financial advice from his people or that firm at least and even if they were rookies that the firm wanted to get experience they would likely be blue chippers. Would be a good thing he could do for his guys.

The better route for most fighters would be take a class in personal finance, learn how to budget and save properly in the right proportion to your earnings. Then when they have a bit of a bankroll go to the financial adviser and actually look like someone who has their **** together so they will care about doing a good job because the person actually knows a bit not thinking about how to get money from this person while they still has it. A financial adviser is great but nothing replaces a guy actually having real knowledge themselves in how to manage their money. Which is another thing Floyd can do for his guys, get his them a class in personal finance I know they would teach that at UNLV and professors will take jobs on the side like that especially if online.

[Scipio2009]

People think rich people will look out for them.

Floyd is the same guy who called a contract HBO offered him $2m a fight a "Slave contract". Same guy now says PBC fighters are getting paid too much, when I don't remember the last time a PBC fighter even made $2m.

It's not knocking Floyd, Floyd has always been about Floyd. Just a friendly reminder that yeah you signed with a rich promoter doesn't mean he's going to make you rich. Don King didn't become become rich and powerful by paying out big purses.

Floyd argued for his value, and believed that HBO was shortchanging him at $2m; Floyd gets control of his own business and, in short time, he was commanding $20m a fight.

Floyd crying about the PBC pay may be a bit disingenuous, but maybe the critique falls along the same lines; Keith Thurman and Danny Garcia split $4m (plus likely back-end money), but they also drew massive money to Barclays Center and drew a monster rating for their fight. Getting $1m, to fight 10:1 underdog in front of a crowd that bought 500 tickets, may be a bit rich.

Floyd apparently made Badou Jack a $1m fighter and had no problem with it; Jack bit down, fought the fights that Floyd was able to secure for him, appreciated every fight, won the fights that he needed to win, and fought like a dog doing it.

[Scipio2009]

A fighter walks away with about 25-30% of their purse after expenses and taxes. If he got a purse of lets say $100,000 and only fought once that year, he made 25-30 grand for that year.

$25k-$30K, plus whatever he can make as a sparring partner between fights isn't enough to eat fillet mignon, but it's not nothing either.

[Scipio2009]

Lance Pugmire of the LA Times...

"As Orlando Salido waits for Vasyl Lomachenko, he's driving for Uber"

Reading is fundamental

Stay classy...

To clarify, Salido himself did say that he drove Uber like most folks are supposedly supposed to be driving Uber; to make some extra money in his free time. Salido's not driving around to keep his lights on.

[Scipio2009]

Just a couple of weeks ago Floyd was saying "Arum sat Walters on the shelf for a year..."

Question is would Floyd have gave in to Walters' asking price of $1 million for the Lomachenko fight, a guy who Mayweather fans readily say doesn't even do well in the box office? I doubt it.

Walters was HBO friendly, had an exciting style, and Lomachenko-Walters was actually a pretty significant fight.

Would Floyd have shorted his company to make the fight? Yes, in all likelihood. Disclosed payout to the fighters was $1.3m, the Cosmopolitan paid to host the fight, and HBO put an HBO Championship Boxing payout behind the event too, among other revenues.

Floyd's no in the business of robbing folks, as he's made clear.

[GMAN SUPREME]

lol damn gayweather jr help your fighter out get him a fight and stop worrying about mcGregor.

[Beercules]

The Money Team yo! We look out for our fighters!