Comments Thread For: Crawford, Indongo to Pay Over $100K Apiece in Sanctioning Fees

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  • N/A
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    #21
    Originally posted by S7V7N
    3% x 4 titles. Can be negotiated lower.

    Hooked on phonics works for me!
    The article is false, so quoting the article as proof doesn't make any sense. The sanctioning bodies reduce their fees for unified champions.

    For instance, it is plainly stated in the WBO regulations that their sanctioning fee is 2% for a unified champion, not 3%.

    It is also plainly stated in the IBF fee schedule that if three or more world titles are at stake, the IBF sanctioning fee is 2%, not 3%.

    The WBC & WBA don't plainly state the fees of unified champions, but typically charge 2.5%, sometimes less if there are more than two titles at stake.

    An undisputed champion is looking at 8-9% in fees, not 12%.

    The author of this article will hopefully issue a correction. The IBF & WBO have charged 2% for decades in these situations and the WBC & WBA have charged 2.5% for decades in these situations. This is not new information.

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    • nycsmooth
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      #22
      Good article wrong statistics at 3% each title that is right but far too often compromises are negotiated or waived for a champion especially the favorite i's heavily favored as I think Bud will win this fight...

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      • Pigeons
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        #23
        Originally posted by MasterPlan
        Why was Indongo stripped of IBO title?
        Because they would have to pay a 5th sanctioning body. Why would they do that when the IBO isn't a major world title?

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        • S7V7N
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          #24
          Originally posted by WBC WBA IBF
          ....it is plainly stated in the WBO regulations that their sanctioning fee is 2% for a unified champion, not 3%.

          It is also plainly stated in the IBF fee schedule that if three or more world titles are at stake, the IBF sanctioning fee is 2%, not 3%.

          The WBC & WBA don't plainly state the fees of unified champions, but typically charge 2.5%, sometimes less if there are more than two titles at stake.

          An undisputed champion is looking at 8-9% in fees, not 12%.

          The author of this article will hopefully issue a correction. The IBF & WBO have charged 2% for decades in these situations and the WBC & WBA have charged 2.5% for decades in these situations. This is not new information.
          Thanks for setting the record straight! Hopefully they will start posting all the specific rules in every article...oh, but you knew the rules already? Guess those hard numbers can't be negotiated then as stated... I just like the click bait pics. Understated simplicity.

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          • Steven Mccowan
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            #25
            Gotta pay for all those diamond belts lol

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            • killakali
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              #26
              Originally posted by S7V7N
              Was stripped by IBF not IBO for not facing his mandatory Lipinets. He unified with Burns WBA last fight & still hasn't "defended" IBF since beating Troyanovsky. Pretty damn ridiculous.



              Full article
              the IBF title is on the line. They relented and saidbwinner must face lipinets in 90 days

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              • AdonisCreed
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                #27
                You shouldn't have to pay for a freaking belt!!! Otherwise just keep the regional belts and call it a career lol but seriously that doesn't make sense to pay 100k just for being a champ that's being penalized having a belt.

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                • Scary_canary
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                  #28
                  Originally posted by MasterPlan
                  To be fair other athlete's pay a fee for their championship rings. Olympians pay for their medals also.
                  I'm pretty sure Olympians get paid for there medals, could be wrong, but in aus I'm pretty sure they get 10k for every gold medal

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                  • Corelone
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                    #29
                    What are they? Are they protection? Garbage Mandos and flexible rules? There has to be more than plastic trophies and pleather belts.

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                    • devildg
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                      #30
                      thats HIGHWAY robbery

                      what a disgrace. if im them i throw away the belt in the trash and save money

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