When a fighter makes a million how much does he take home

[Boxingking1511]

Boxer has a purse of 1 million USD. How much does he take home? Tax, trainer, manager, cornerman etc...

[Lenharvey]

Totally guessing without tryna work it out.... 500,000.... unless it’s don King then about 50,000 lol.

[Smash]

after the wife gets done, about 250k

[just the facts]

After taxes and expenses, my guess would be about 600k.

[Ritz Kola]

I know typical manager deals are 20%.
Trainer 10%.
Those are deductibles.
I'm assuming this is after the promoter got the typical 30%.
About 200k in taxes.
Generally around 500k pocketed.

[BangEM]

I know typical manager deals are 20%.
Trainer 10%.
Those are deductibles.
I'm assuming this is after the promoter got the typical 30%.
About 200k in taxes.
Generally around 500k pocketed.

Promoters don't get 30% unless it's a slave deal. Promoters usually don't get more than 15%. Managers take the bulk of the money.

[1bad65]

I know typical manager deals are 20%.
Trainer 10%.
Those are deductibles.
I'm assuming this is after the promoter got the typical 30%.
About 200k in taxes.
Generally around 500k pocketed.

It would actually be about $370k in taxes.

Millionaires are in the 37% tax bracket.


It's worth noting the Government takes the biggest slice of the pie from the fighter. They take more than the trainer, the manager, and the promoter get.

[BangEM]

It all depends on the contract/structure and the number of people on the boxer's team.

Typically, trainers get 10%, promoters get 15% and managers get between 20-30% (it used to be higher).

Then you have boxers who have multiple managers and promoters. I doubt those ones make much after feeding all the mouths they run around with.

As for taxes: I don't know how it works in the US, but in the UK, you can always minimise your taxes by registering yourself as a business. With that, you pay yourself a salary and cut enormous taxes.

Boxers don't really need managers anymore and they can cut the ridiculous percentage that managers get by self-managing themselves whilst signing with a decent promoter and a trainer that understands the game. Cut that and they can clear $700k easily out of the $1million.

[Ritz Kola]

Promoters don't get 30% unless it's a slave deal. Promoters usually don't get more than 15%. Managers take the bulk of the money.

No. Promoters usually get a higher percentage than managers. 30% is the norm. The promoter is lending the fighter money to survive and pay bills, paying for travel, setting up events, getting networks involved, etc. Thats all out of promoter pockets.
Managers are generally 15-20% and usually 20%.

[Ritz Kola]

It would actually be about $370k in taxes.

Millionaires are in the 37% tax bracket.


It's worth noting the Government takes the biggest slice of the pie from the fighter. They take more than the trainer, the manager, and the promoter get.

Initially I was going to say around 370k myself, then I went back in because I forgot the deductibles. Which is why I specifically mentioned those fees being tax deductible. It would bring the tax owed down to around 200k.
The government definitely takes a chunk.