Garcia Vs Porter: Purses

[RoyJonesJrp4pno1]

Because a lot of the fighters have their own promotional companies and Haymon will pay that company with residual money from ticket sales, international rights, merchandise, etc. That promotional company then gets to deduct expenses and pay the fighter in the form of dividends which is taxed as a capital gain instead of ordinary income.

Promoters pay fighters.
Fighters pay their manager.
That's how boxing works.
Therefore Haymon isn't paying fighters, they are paying him.

[ashadam]

Because a lot of the fighters have their own promotional companies and Haymon will pay that company with residual money from ticket sales, international rights, merchandise, etc. That promotional company then gets to deduct expenses and pay the fighter in the form of dividends which is taxed as a capital gain instead of ordinary income.

I would expect all sports people have there own company's to run there business are you saying that get paid a salary then this. What you have just described is how most Sports people worldwide handle there business. I can believe you even sent this.

[ashadam]

Even Eddie Hearn admitted that the PBC fighters are being paid more than reported. That's why he kept getting his "slave" deals turned down.

He offered Mikey like 5 million per fight and Mikey said he's already making that

Even more rubbish you cant back up.

[bballchump11]

I would expect all sports people have there own company's to run there business are you saying that get paid a salary then this. What you have just described is how most Sports people worldwide handle there business. I can believe you even sent this.

That's not true. NBA, NFL and MLB players get paid a salary. Most fighters not on the PBC get paid a regularly as ordinarily income.

You didn't see guys start really making their own promotional companies until Oscar and Floyd did it.

[bballchump11]

Even more rubbish you cant back up.

Why say something so silly when all I need to do is post one video on Eddie Hearn talking about it?

[Afi23]

There's nothing rumored about it. Filed purses are always bogus for the stars. They under report their purses to save money on taxes and sanctioning fees.

What I meant is: Is the reported 1,25mil really like 2,5 mil or 4mil for example? Are they making double the reported purse, triple, etc (obviously it probably varies depending on the fighter's profile)?

[bballchump11]

What I meant is: Is the reported 1,25mil really like 2,5 mil or 4mil for example? Are they making double the reported purse, triple, etc (obviously it probably varies depending on the fighter's profile)?

Chavez jr. Reported purse was 2.5 million against Fonfara but then he posted a check for 1.25 million on his Instagram after the fight. Idk if that's all he's getting though.

[Afi23]

Chavez jr. Reported purse was 2.5 million against Fonfara but then he posted a check for 1.25 million on his Instagram after the fight. Idk if that's all he's getting though.

Ok thank you!

[RuleOfTheSpear]

LOL! Danny Garcia losing to Thurman and Porter produced only half of what he could've made had he fought Pacquiao

If DSG hadn't blatantly ducked, he could've made more money and avoided losses to Thurman and Porter. Pacquiao wouldn't have had to face Horn then.

Now DSG is the new Zab Judah lmfao

[mxtali]

Why is Porter always getting the short end?

I’m not surprised Danny and Keith got more than him, Keith was champ and Danny does better numbers. As for Berto i was suprises Berto got more but that’s probably what it took to get him in the ring with Porter.