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
Espinoza himself said it lol, on twitter he said “it’s foolish to think AB isn’t already making 2.5 mil per fight.” He’s never had a reported purse that high.
How do you figure that a lower filed purse will result in paying less taxes?
Because funneling some of the money through other companies will result in that money being taxed at a lower rate than the fighter will pay if it's all personal income. Also gets around some of the local state & commission taxes. Not to mention sanctioning fees.
Comment