Lamont Petersen got paid $37,000 for title defence Vs Holt

[paulf]

America is the only place where we don't put nationality first when it comes to supporting fighter.

I'm not patting myself on the back at all; it's a weird dynamic that's caused a lot of problems.


Look at the dilemma HBO and Showtime are faced with; support American fighters, which in turn encourages growth in the sport and invests in the future of Boxing on the network, OR give the fans what they want to see.

The two are not one in the same and things are pretty ****ed up here. Tim Bradley, Chad Dawson, Lamont Peterson, Paul Williams never sold dick here, meanwhile foreign fighters, even ones with no ethnic base in America (like Martinez and Khan) can do even better than fighters that are from here.

It's caused a serious imbalance that needs to be rectified.

[elgranluchadore]

America is the only place where we don't put nationality first when it comes to supporting fighter.

I'm not patting myself on the back at all; it's a weird dynamic that's caused a lot of problems.


Look at the dilemma HBO and Showtime are faced with; support American fighters, which in turn encourages growth in the sport and invests in the future of Boxing on the network, OR give the fans what they want to see.

The two are not one in the same and things are pretty ****ed up here. Tim Bradley, Chad Dawson, Lamont Peterson, Paul Williams never sold dick here, meanwhile foreign fighters, even ones with no ethnic base in America (like Martinez and Khan) can do even better than fighters that are from here.

It's caused a serious imbalance that needs to be rectified.

cuz martines and khan are very exciting.

[paulf]

cuz martines and khan are very exciting.

Paul Williams wasn't exciting?

[realheavyhands]

all ESPN purses are 50,000 i believe

[BennyST]

What most don't seem to understand is that 99% of all pro boxers are not paid well. This is not only normal, but actually better than most still get. Most cannot live off boxing alone, and that includes world champions active today.

Not everyone gets 1 mil, 500 Gs or even 100 Gs. It's not nearly as common as everyone here thinks. Hardly anyone gets that type of money.

Think about this. Barrera and Morales, and correct me if I'm wrong as this is from memory, two of the sports biggest stars worldwide only got about 100,000 each for their massive unifying showdown. It was only at the very end of their careers when they were getting up into the 500,000 mark after being on HBO for years and years.

This is not only normal, but better than what the huge majority get.

[Jam Jars]

What most don't seem to understand is that 99% of all pro boxers are not paid well. This is not only normal, but actually better than most still get. Most cannot live off boxing alone, and that includes world champions active today.

Not everyone gets 1 mil, 500 Gs or even 100 Gs. It's not nearly as common as everyone here thinks. Hardly anyone gets that type of money.

Think about this. Barrera and Morales, and correct me if I'm wrong as this is from memory, two of the sports biggest stars worldwide only got about 100,000 each for their massive unifying showdown. It was only at the very end of their careers when they were getting up into the 500,000 mark after being on HBO for years and years.

This is not only normal, but better than what the huge majority get.

The little guys weren't so popular back then it was all about the HW's. Petersen had a guarantee of $1.5 million for the Khan rematch, the money was there he must be really kicking himself going from that to $37,500.

[BennyST]

The little guys weren't so popular back then it was all about the HW's. Petersen had a guarantee of $1.5 million for the Khan rematch, the money was there he must be really kicking himself going from that to $37,500.

Yeah, absolutely. Sucks for him. That is one of those small exceptions that I was talking about. The 1%. Khan was a huge international star that was able to bank on huge audiences both at home and in the good ol' US of A. COuld have worked out really well for Pederson.

Peterson also had his own pretty big promotional backing too, and great support at home with his story. However, most fighters, in any division, at any time, in any era, get **** all from boxing. People hear about the millions etc, but don't realise that it is for such a small, small select few and end up thinking that everyone gets a lot more than they really do.

All in all, most fighters, world champions, top contenders, fringe contenders and journeymen, make jack **** from boxing and struggle to survive at all from it. The large majority don't even survive with it, but need other jobs.

A quick example off the top of my head: that guy that recently fought for the IBO and WBA world middleweight titles against Golovkin; he was a number 1 contender and now middleweight title challenger, held a vacant WBO international title, had been a top ten ranked contender for years and had beaten a few former world champions. Ie. he was one of the better pro fighters in the whole sport, apart from the best champions. Apart from that one fight, he has worked as a bricky his whole career because it doesn't support him. That is typical.

A guy that has won notional and international titles, beat champions, been a title challenger and number one contender and a top ten ranked pro boxer for years.

[Dr Rumack]

Holt got $13,000


Explain this Americans?

Two Americans fighting for a world title in America splitting 50 grand?

WTF is going on over there fellas?

A Child’s Guide to Boxing Economics

by Paul Magno

As live gates become less and less of a factor in determining fighter’s purses and as boxing gets pushed further and further out of the mainstream, it seems obvious that we are all in desperate need of some remedial economics lessons if we are to turn things around. So, please, bear with me:

On the first day of Summer vacation, Billy decided to put up a lemonade stand in front of his house.

He carefully constructed his wooden stand, painted his sign, and got together the ingredients for some cool, tangy lemonade.

Billy put his lemonade stand on the curb, near his house and called over neighbors and passers-by for a refreshing drink.

On cool, rainy days business was down and he had to work to make a profit, but, overall, Billy made decent money and his lemonade business actually began to grow.

One day, Uncle Joe came to visit and stopped for a drink at Billy’s lemonade stand. He was quite impressed.

“Billy, this is some tasty lemonade…no wonder you have so many customers. I have an idea. I just built a playground in my back yard for my kids and we have all the neighbor kids over all day. Why don’t you set up your stand in my back yard and just make lemonade for my kids and their friends? I’ll give you 20 bucks a day and I’ll even buy all the materials you need.”

Billy loved this idea. Regardless of the weather or any other conditions, he would have guaranteed money, and he wouldn’t have to try so hard to bring customers to his stand.

For awhile, things were great for Billy…nice and easy. He’d just show up, make his money, and go home.

Things got so easy that Billy got lazy. The quality of his lemonade got so bad that even his cousins and Uncle Joe’s neighbors didn’t want the free lemonade.

Uncle Joe, although a nice guy, couldn’t justify paying 20 dollars anymore for lemonade that nobody was drinking, so he nicely dismissed Billy.

Billy was back to where he started, but in his absence, 3 more lemonade stands had popped up on his street and, with Summer drawing to a close, the prospects of making any more real money were very slim indeed.

************************************************** ****************

For anyone remotely familiar with the situation: Billy represents boxing promoters, Uncle Joe represents the premium cable channels paying ridiculous fighter fees for exclusive rights, and Uncle Joe’s back yard represents the casinos that lure fights away from the real fans by paying large cite fees.

By spoiling fighters and promoters with outrageous rights fees, HBO (and to a lesser extent, Showtime) has created a system where the fighters are essentially fighting for HBO’s amusement only.

In the process, promoters have lost their drive to even promote the fights. With guaranteed money on the table, there’s no longer any urgency to actually sell the public on a fight. There’s no reason to do the grunt work of making quality match-ups and no point in working to get mainstream publicity if none of that really matters anymore.

Boxing has come down to promoters pitching fight ideas to TV execs and the fans are a mere afterthought, both logistically and economically.

How else would you explain fighters’ purses often exceeding ten times the amount of the live gate? The fans are simply not paying the bills anymore.

HBO’s most recent televised bout featured Yuriorkis Gamboa against Orlando Salido on September 11th. The paid attendance was just slightly over a thousand and the money from the live gate totaled $133,650. Unfortunately, Gamboa, alone, made $350,000 for the night’s work.

The thousand or so fans who bothered to pay their way into the Palms Casino & Resort in Las Vegas were not even necessary. They were mere props to make the TV show look better, but HBO was paying the bills and the promoters will always cater to those with the easiest pocket to pick.

More and more the fans are being side-stepped and those in the working end of the biz are going straight at the money. There even seems to be a general contempt for the fans and a blatant effort to opt for TV-friendly fights rather than the fan-friendly variety.

High-end Boxing has become solely dependent on premium cable rights fees to such an extent that any change in HBO’s or Showtime’s policies would mean a total crash in the way the sport is run.

Without HBO or Showtime, fighters looking to make the same inflated purses would have no choice but to take their fights to pay-per-view, further alienating an already-frustrated fan base and taking yet another full step away from the general sports fan.

Sooner or later, this bubble is going to burst and boxing, like little Billy and the lemonade stand, will find itself the victim of its own short-term greed.


http://insidefights.com/2010/09/22/a...ing-economics/

[Slappin' Maxie]

It was Friday Night Fights haha

[mrpain81]

What most don't seem to understand is that 99% of all pro boxers are not paid well. This is not only normal, but actually better than most still get. Most cannot live off boxing alone, and that includes world champions active today.

Not everyone gets 1 mil, 500 Gs or even 100 Gs. It's not nearly as common as everyone here thinks. Hardly anyone gets that type of money.

Think about this. Barrera and Morales, and correct me if I'm wrong as this is from memory, two of the sports biggest stars worldwide only got about 100,000 each for their massive unifying showdown. It was only at the very end of their careers when they were getting up into the 500,000 mark after being on HBO for years and years.

This is not only normal, but better than what the huge majority get.

They got $300k each for the first fight, it was a fight both fighters wanted so that's the reason. They made $1.5m guaranteed for the second and I think around there for the third.