Originally posted by daggum
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The sharmba fight was under Dan Goosen. Floyd returned to Arum after that for one fight. It was the Judah fight. He walked after that. Margarito was set to fight 1.5 months before the Judah fight took place.
They then negotiated on the contract extension and Floyd decided to go out and get a better deal.
You are the one that is caught up on guarantees. I'm talking about how he was able to get the money he wanted. He got $25 million. He made much more money whether it came from a guarantee or not.
After buying himself out of his Top Rank contract, Mayweather took unprecedented control over his career. Rather than getting paid a large guaranteed fee up front by a promotor like Top Rank — as is the norm across the sport — Mayweather stages his fights himself and takes a cut of the total revenue on the back end.
Greg Bishop described it like this for the New York Times in 2011:
"He earns a percentage of every ticket purchased, every pretzel consumed, every poster sold. He will earn from countries that paid for broadcasting rights and the theaters where the fight is shown.
"Mayweather, regarded as one of the best boxers in history, fights under a highly unusual financial structure, exchanging upfront risk for back-end profit while retaining total control."
After distributors and networks get their cut, Mayweather gets a bigger piece of the remaining revenue than anyone else in the sport.
http://www.businessinsider.com/floyd...op-rank-2015-4
Greg Bishop described it like this for the New York Times in 2011:
"He earns a percentage of every ticket purchased, every pretzel consumed, every poster sold. He will earn from countries that paid for broadcasting rights and the theaters where the fight is shown.
"Mayweather, regarded as one of the best boxers in history, fights under a highly unusual financial structure, exchanging upfront risk for back-end profit while retaining total control."
After distributors and networks get their cut, Mayweather gets a bigger piece of the remaining revenue than anyone else in the sport.
http://www.businessinsider.com/floyd...op-rank-2015-4
Is it more clear now?
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