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

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  • RJJ-94-02=GOAT
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    #21
    Originally posted by Boxingking1511
    Boxer has a purse of 1 million USD. How much does he take home? Tax, trainer, manager, cornerman etc...
    Way less than half...

    May-Pac paid around 40% Tax on their fight.

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    • Ray*
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      #22
      Originally posted by Ritz Kola
      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%.
      Managers usually do most of things that you are alluding to. They rip boxers off more than promoters. You get a manager BEFORE you get a train. The manager usually shops you around to promoters, the managers usually give you money for training and invest in you before the promoter comes around. Not saying the promoter can’t do those things later on, but a manager start all of these things off, by that time a boxer would have signed their lives away.

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      • Ray*
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        #23
        After paying everything, and depending on country or state tax laws. A fighter would probably take home 450k clean. Taking the tax, trainers, managers, promoters cut out.

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        • GrandpaBernard
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          #24
          Originally posted by Ray*
          Managers usually do most of things that you are alluding to. They rip boxers off more than promoters. You get a manager BEFORE you get a train. The manager usually shops you around to promoters, the managers usually give you money for training and invest in you before the promoter comes around. Not saying the promoter can’t do those things later on, but a manager start all of these things off, by that time a boxer would have signed their lives away.
          what can managers do that fighters can’t? Review legal contracts?

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          • Ray*
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            #25
            Originally posted by GrandpaBernard
            what can managers do that fighters can’t? Review legal contracts?
            Find promoters for themselves? Have the links to get the right deals. There is loads that a boxer can’t do, especially when most of them aren’t educated in the dealings of the business. There is a video on YouTube which a british boxer (Ohara Davies) explains in details, how most of these things works.

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            • Ritz Kola
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              #26
              Originally posted by BangEM
              It all depends on how big the promoter is. While small promoters like McGuigan and Hennessy (MTK Global and Frank Warren as well) would've to spend their money - someone like Hearn gets his money from DAZN and Skysports. In the US, Arum and Haymon also get their money from the networks. When it comes to promoters and it all depends on who the boxer is signed to. And I believe the bigger the promoter, the lesser the percentage split.

              Anyway, there are many variables involved and it all depends on the structure around the boxer and who he's signed to. A boxer with a good contract devoid of too many mouths can make $700k out of the $1million while some might only take home $100k.
              It truly depends on how important the fighter is, and how much leverage the fighter owns. Thats what separates the deals. Promoters initially always work their way from the top. As Fighters do NOT initially have the money. Promoters come in with all the leverage and expertise. You're thinking along the lines of already established fighters. I don't know where Al Haymon gets his money from because I've never even heard him speak. So I won't guess. I do know where Bob gets a portion of his money from because he's always speaking. We know edward got all his money from dazn because he wouldn't shut up about it.
              Which actually supports my point. Promoters run on tight margins, because they themselves expect to make a profit & "lenders" expect a return. Which is why the typical contract is 30%. It would cost networks too much money to try to completely skip promoters and deal directly with fighters- if it didn't we would see that on a massive scale. Floyd was his own promoter and was pushing Mayweather Promotions when he got that deal with Showtime. Floyd was also the most valuable athlete on the planet from a Network's business pov. When a network gets it wrong, they always run the risk of doing so, it hurts them badly. Which is why dazn is in the poor position it's in currently form overpaying canelo, overpaying aj, and overpaying golovkin. BUT all three had leverage.

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              • BangEM
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                #27
                This ****** booty scratcher and depraved phaggot is quoting me again. Don't you have some toilets to go clean, you bum? The topic is above your pay grade. Stick to cleaning toilets and scratching your booty and stay away from my posts.

                Fccking phaggot talking about flat fee. Let me act like I don't know and post directly from Hearn:

                Eddie Hearn has stated that Anthony Joshua receives 85% of his earnings per fight after they (Matchroom Boxing) take their 15% cut.

                Everyone knows that Boxers makes big money. But what about the men behind the boxers? Or in this case in front of the fighter, promoting…


                Stop quoting/stalking me. I'm not on your level and I don't want to converse with you. Move over to the other side. Bum.

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                • Ritz Kola
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                  #28
                  Originally posted by Ray*
                  Managers usually do most of things that you are alluding to. They rip boxers off more than promoters. You get a manager BEFORE you get a train. The manager usually shops you around to promoters, the managers usually give you money for training and invest in you before the promoter comes around. Not saying the promoter can’t do those things later on, but a manager start all of these things off, by that time a boxer would have signed their lives away.
                  While that happens at the lower level it isn't always the case. Only for desperate fighters who have no income of their own. My post stands.

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                  • BangEM
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                    #29
                    Originally posted by Ritz Kola
                    It truly depends on how important the fighter is, and how much leverage the fighter owns. Thats what separates the deals. Promoters initially always work their way from the top. As Fighters do NOT initially have the money. Promoters come in with all the leverage and expertise. You're thinking along the lines of already established fighters. I don't know where Al Haymon gets his money from because I've never even heard him speak. So I won't guess. I do know where Bob gets a portion of his money from because he's always speaking. We know edward got all his money from dazn because he wouldn't shut up about it.
                    Which actually supports my point. Promoters run on tight margins, because they themselves expect to make a profit & "lenders" expect a return. Which is why the typical contract is 30%. It would cost networks too much money to try to completely skip promoters and deal directly with fighters- if it didn't we would see that on a massive scale. Floyd was his own promoter and was pushing Mayweather Promotions when he got that deal with Showtime. Floyd was also the most valuable athlete on the planet from a Network's business pov. When a network gets it wrong, they always run the risk of doing so, it hurts them badly. Which is why dazn is in the poor position it's in currently form overpaying canelo, overpaying aj, and overpaying golovkin. BUT all three had leverage.
                    Obviously, for a boxer to get $1million, he has to be established. So I'm going based on the amount the OP suggested.

                    I never said networks pay boxers directly. The big promoters give the networks a big and within the budget, the boxers are guaranteed a certain amount that the networks would be liable for even if the event flops. And the networks pay for everything.

                    Regardless, there are many variables involved. The lesser the people around a boxer, the more the money the boxer makes.

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                    • GrandpaBernard
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                      #30
                      Originally posted by Ritz Kola
                      It truly depends on how important the fighter is, and how much leverage the fighter owns. Thats what separates the deals. Promoters initially always work their way from the top. As Fighters do NOT initially have the money. Promoters come in with all the leverage and expertise. You're thinking along the lines of already established fighters. I don't know where Al Haymon gets his money from because I've never even heard him speak. So I won't guess. I do know where Bob gets a portion of his money from because he's always speaking. We know edward got all his money from dazn because he wouldn't shut up about it.
                      Which actually supports my point. Promoters run on tight margins, because they themselves expect to make a profit & "lenders" expect a return. Which is why the typical contract is 30%. It would cost networks too much money to try to completely skip promoters and deal directly with fighters- if it didn't we would see that on a massive scale. Floyd was his own promoter and was pushing Mayweather Promotions when he got that deal with Showtime. Floyd was also the most valuable athlete on the planet from a Network's business pov. When a network gets it wrong, they always run the risk of doing so, it hurts them badly. Which is why dazn is in the poor position it's in currently form overpaying canelo, overpaying aj, and overpaying golovkin. BUT all three had leverage.
                      Donaire used to get a Monthly 2000 USD living stipend from one his handlers

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