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Old 12-04-2017, 08:19 AM #1
Julia Slobberts Julia Slobberts is offline
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Default How much of a purse do boxers actually take home?

Say a boxer has a $1 million purse. Don't they still have to pay their promoter and trainer out of that?

Then would another big chunk be taken out as income tax? And would the income tax rate of the state the fight takes place in apply?
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Old 12-04-2017, 08:20 AM #2
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Great question.
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Old 12-04-2017, 08:21 AM #3
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Probably around 45% in general. Depends on the income tax in the country or place of residence.
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Old 12-04-2017, 08:22 AM #4
Robbie Barrett Robbie Barrett is offline
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Quote:
Originally Posted by Julia Slobberts View Post
Say a boxer has a $1 million purse. Don't they still have to pay their promoter and trainer out of that?

Then would another big chunk be taken out as income tax? And would the income tax rate of the state the fight takes place in apply?
Depends who is promoting the fight. If the fighter is the B-side fighting on another promoters card then yes the promoter takes their cut from the fighters purse.
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Old 12-04-2017, 08:23 AM #5
Lou Cipher Lou Cipher is offline
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WE take home about 55% after taxes, promoter and manager fees, expenses. Etc. Everything gets charged back to US. It's aboutfkntime WE cut out the middlemen.
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Old 12-04-2017, 08:25 AM #6
Robbie Barrett Robbie Barrett is offline
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Quote:
Originally Posted by Lou Cipher View Post
WE take home about 55% after taxes, promoter and manager fees, expenses. Etc. Everything gets charged back to US. It's aboutfkntime WE cut out the middlemen.
"We"


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Old 12-04-2017, 09:52 AM #7
Lou Cipher Lou Cipher is offline
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Quote:
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You mean you're ducking a NON fighter? What the Hell is the world coming to?
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Old 12-04-2017, 10:07 AM #8
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Lou Cipher vs Robbie Barrett on Joshua/Wilder undercard make it happen!
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Old 12-04-2017, 10:10 AM #9
minemax minemax is offline
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You pay up to 50% of it in taxes. And you also pay to your manager and trainer.
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Old 12-04-2017, 10:19 AM #10
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It’s purely a case by case basis, it depends who you fight? Where you fight? What your promotional/managerial situation is? Nobody can give a accurate figure or %
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