Al Haymon's Side Checks

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  • KTFOKING
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    #1

    Al Haymon's Side Checks

    So when DAZN first started up, a lot of folks (mainly Brits), came out and said PBC fighters don't get paid much at all. They are getting peanuts and need to #EarnWithHearn. What did they base this off of? Well, the purses sent to the commission. I remember telling someone Haymon fighters get part of the live gate and merchandise sales by co-promoting and Haymon himself gives them an additional check aside from their purse.

    This takes me to an interview Hearn did today or yesterday with TBV, and said Mikey Garcia is making $3 million per fight. Remember, the released figure was only $1 million from Dan Rafael. So for folks wondering just how much Haymon gives them on the side, this is just one example. Now, I'm not saying every Haymon fighter makes $3 million because that simply is not the case. However, the top guys are being taken care of very well. No chance Wilder didn't make at least $3-4 million vs Ortiz. Keith Thurman once had a purse figure of $1.5 million, and then said Haymon cut him another check for $1.2 million after the fight. So when people question what the hell Broner is doing and he turned down twice as much as he makes with Haymon, that simply isn't true. I don't know how much he makes, but good bet is he is in the $2.5 million range himself. And he has his About Billions promotions that he uses to write off the expenses with and gets to make some of the live gate.

    At least this is cleared up for those that kept questioning those additional checks and how little the top guys get paid at PBC.
  • Scipio2009
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    #2
    The US TV is worth something, the live event is worth something (gate/event sponsors/merch/etc), and the international TV is worth something, along with whatever other revenue streams.

    It's not Floyd status (I doubt that Mikey or Deontay or Spence are actually fronting the money for the event), but the Haymon model cuts the featured fighter(s) in on the back end of the event.

    Jerry Jones apparently bought 9000 tickets to Spence-Ocampo (he ended up selling more tickets than that to cover the investment); if you think that Errol didn't see a piece of that, you're silly.

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    • KTFOKING
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      #3
      Originally posted by Scipio2009
      The US TV is worth something, the live event is worth something (gate/event sponsors/merch/etc), and the international TV is worth something, along with whatever other revenue streams.

      It's not Floyd status (I doubt that Mikey or Deontay or Spence are actually fronting the money for the event), but the Haymon model cuts the featured fighter(s) in on the back end of the event.

      Jerry Jones apparently bought 9000 tickets to Spence-Ocampo (he ended up selling more tickets than that to cover the investment); if you think that Errol didn't see a piece of that, you're silly.
      Yep. There is a reason all his top guys are loyal to him and never speak bad of him. Hearn thought he could just pry the top guys away, but not that easy.

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      • Scipio2009
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        #4
        Originally posted by KTFOKING
        Yep. There is a reason all his top guys are loyal to him and never speak bad of him. Hearn thought he could just pry the top guys away, but not that easy.
        Haymon gives his guys opportunities, whether you're Joey Spencer on the way up or Andre Dirrell on the way out.

        Getting your full share of the money on top is great, but the fighters with Haymon (or at least the person looking after the fighter in the camp) don't forget that Haymon made sure that Paul Williams was set for life even when he had his accident, or that Pritchard Colon's family won't have to pay a penny covering his medical bills because Haymon is looking after him, or that Andre Dirrell was allowed to go free when he found an opportunity that he felt was better for him and he was able to come back without issue.

        Hearn is competing against more than just money.

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        • KTFOKING
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          #5
          Originally posted by Scipio2009
          Haymon gives his guys opportunities, whether you're Joey Spencer on the way up or Andre Dirrell on the way out.

          Getting your full share of the money on top is great, but the fighters with Haymon (or at least the person looking after the fighter in the camp) don't forget that Haymon made sure that Paul Williams was set for life even when he had his accident, or that Pritchard Colon's family won't have to pay a penny covering his medical bills because Haymon is looking after him, or that Andre Dirrell was allowed to go free when he found an opportunity that he felt was better for him and he was able to come back without issue.

          Hearn is competing against more than just money.
          Definitely. Heck, LSC named his son after Haymon for how much he has done for him especially when his father was initially diagnosed with cancer.

          This is why Hearn had a flawed plan. Not only do his fighters get paid more than he thinks, but there is a lot of loyalty there. Haymon is able to get his fighters paid from the live gate and other sources of revenues as you mentioned that other promoters are not willing to do for their fighters.

          At least some of the Brits can stop spewing BS about the fighters only making the released purse figures.

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          • Larry the boss
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            #6
            Originally posted by Scipio2009
            Haymon gives his guys opportunities, whether you're Joey Spencer on the way up or Andre Dirrell on the way out.

            Getting your full share of the money on top is great, but the fighters with Haymon (or at least the person looking after the fighter in the camp) don't forget that Haymon made sure that Paul Williams was set for life even when he had his accident, or that Pritchard Colon's family won't have to pay a penny covering his medical bills because Haymon is looking after him, or that Andre Dirrell was allowed to go free when he found an opportunity that he felt was better for him and he was able to come back without issue.

            Hearn is competing against more than just money.
            ^^^^^^^^^yep

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            • N/A
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              #7
              People on this site want to pretend the side checks don't exist so they don't have to accept that Eddie Hearn is always lying to them about how much these guys make.

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              • McNulty
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                #8
                Originally posted by KTFOKING
                I remember telling someone Haymon fighters get part of the live gate and merchandise sales by co-promoting and Haymon himself gives them an additional check aside from their purse.

                This takes me to an interview Hearn did today or yesterday with TBV, and said Mikey Garcia is making $3 million per fight. Remember, the released figure was only $1 million from Dan Rafael. So for folks wondering just how much Haymon gives them on the side, this is just one example. Now, I'm not saying every Haymon fighter makes $3 million because that simply is not the case.

                At least this is cleared up for those that kept questioning those additional checks and how little the top guys get paid at PBC.
                1. How do you know that? (paragraph 1)

                2. Isn't it also reasonable to say that Mikey got the additional two million (or part of it) from additional non-Haymon revenue streams? Or also, maybe Hearn is mistaken on that figure? (paragraph 2)

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                • KTFOKING
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                  #9
                  Originally posted by McDonough
                  1. How do you know that? (paragraph 1)

                  2. Isn't it also reasonable to say that Mikey got the additional two million (or part of it) from additional non-Haymon revenue streams? Or also, maybe Hearn is mistaken on that figure? (paragraph 2)
                  How do I know what? That Haymon guys get side checks? Dude it is common knowledge by now. It was actually even brought up in court during the TR/PBC trial. JCC Jr tweeted a picture of the side check and TR tried to say that is illegal.

                  Hearn is mistaken that Mikey made 3 million last fight? Really? I think after negotiating with him for a few months he knows what he got paid and what he has been getting paid.

                  I already mentioned other revenue sources. But those are revenue sources not every fighter is privy to. Haymon does things that benefit his fighters that doesn't happen elsewhere for the most part. But they are also getting another additional check outside of their purse.

                  He also said DSG/Thurman were reported to make 2 million but they made a lot more than that.

                  A lot of people always make fun of the "sham" promoters he uses, but that allows him to use some of the live gate and other revenue sources and give them to the fighter. In other cases the promoter would be banking in that money. Instead he can just give Dibella or whenever a set amount for every card he promotes.

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                  • TheBigLug
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                    #10
                    The only thing that Hearn has going for him is that he was going to offer more guaranteed fights and specific dates, like his Broner offer. Many Haymon guys are quite inactive.

                    The problem with that though is that even if you make more with Hearn on a yearly basis due to volume of fights, it might only be like 10% more money for 2 or 3 times more work. not many are going to sign up for that in any walk of life.

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