Originally posted by RichCCFC
View Post
Announcement
Collapse
No announcement yet.
Mayweather: Why and how he makes the most money.
Collapse
-
-
I wish we would have more discourses on this than the bulls**t back and forth tirades from *******s and *****s.
Its a business model that hasnt been blueprinted before or since Mayweather. In almost any distributor/promotion/manager contract, the fighter gets the raw deal simply because the way the revenue for these events are filtered, is from the top down.
As a Boxer, we are never taught this. We get fed the idea that we are the "breadwinners", and that we provide for everyone else on the Team. when in reality, it is nothing like that. we get fed the crumbs, alwhile being the ones who put our bodies, lives, and health on the line.
This applies outside of boxing as well, with other athletes. In some instances, some fighters don't even see the $ for their own merchandise sales.
More young athletes need to be educated on this.
Comment
-
Originally posted by Russian Crushin View PostBasically Floyd puts up money for a fight by himself like a promoter would for his fighter. So all the risk falls on him because he puts the money up and basically gives himself a guarantee.
In pac's case, all the risk falls on Arum because he puts the money up and a guarantee for Pac which he has to receive.
The main problem im seeing is how this would work with another promoter? I dont think that plan can possibly work with a co-promoter, hense why he wants Arum out of the picture
Comment
-
-
Leonard Ellerbe is also a very good manager. One of the last great boxing managers, not a promoter, little bit of a trainer but an old-school manager
Comment
-
Of course he wants Arum out of the picture, because that will allow Mayweather to make the most money. Manny's screwed either way though, but the best deal is easily without Arum. When people say things like Mayweather is just adding another roadblock by saying "get rid of Arum", nah it's just reality.
We have one boxer who hires a promotional company to the ins and outs vs a boxer that gets paid to fight. That's difficult to handle. One person earned his way to be in that unique position while the other just followed the norm. I just wish Bob Arum is out of the picture ASAP, because that's how the fight happens.
Comment
-
Originally posted by Roman MorenoNot true, Oscar did it beforehand. But, credit to Floyd he has been very successful as well. However, it is wrong to say that more fighters need to do this. Other fights have tried as well and haven't been successful. It is very rare when a fighter can make good money without a promoter. Most of them need a promoter.
And it is rare because just look at Floyds fight, he has to put up about 10 mil each fight. What other fighter has 10 mil, let alone would risk 10 mil
Comment
-
Originally posted by Roman MorenoNot true, Oscar did it beforehand. But, credit to Floyd he has been very successful as well. However, it is wrong to say that more fighters need to do this. Other fights have tried as well and haven't been successful. It is very rare when a fighter can make good money without a promoter. Most of them need a promoter.
And im not saying all up-and-coming fighters should go out, fire their promoters and expect to make $114 million off a fight. Because, most fighters aren't floyd mayweather. Floyd didn't begin his career with this set up, thats obvious to the both of us.
Im saying more fighters need to be educated on how the revenue streams for their events are being distributed. And not just after the fight, but before the fight. Because alot of times, there are costs that are being allocated to things that fighters can internally, with an in-house management team, handle. Insurance coverage and State sanctioning being two major ones.
Comment
-
Im not too much of a Manny P. fan, but with his superstar status he should easily be bringing in the kind of money that Mayweather does. Don't get me wrong, he makes a lot of money, him and Floyd probably make the most in boxing today. Manny has done well with Bob Arum and he has been promoted well over the years, but he too should be in the driver's seat similar to how Floyd is when it comes to boxing both inside and outside of the ring. Just my thoughts on that matter.
Not saying that all boxers should use Mayweather's business model, but there is a lot to be learned from Mayweather's business/management team.
Comment
-
so according to the article Mayweather would make around 30 mill after expenses (if he sells 1.4 - 1.5 mill ppvs which his last fight did not)etc and Pac made 30 mill in his last fight so on a per fight basis they make about the same (slight edge for Pac) but on a annual basis Pac makes much more if you factor in BOTH million plus PPVs and endorsements
so if you do the math its quite simple
in 2011 Pac grossed around 60 million from boxing alone (not including endoresemnts)
in 2011 floyd grossed around 30 million from boxing alone
Theres a reason why Pac is called the greatest cash cow the sport has ever seen.Last edited by Check_hooks; 03-01-2012, 10:48 PM.
Comment
Comment