boxers money

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Old bones Ian
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boxers money

Post by Old bones Ian »

i was just wondering what boxers have to pay out from their purse, say a boxer is paid 10,000 what does he actully come away with once everyone has their bit, manager, promoter etc
jonny
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Post by jonny »

10% trainer
25% manager
tax etc
dondada
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Post by dondada »

They all have different arrangements.
jonny
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Post by jonny »

Ian 'Mr' McNeilly wrote:They all have different arrangements.
They are the maximum percentages in the boards rules.
Dynamite Dean Phillips
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Post by Dynamite Dean Phillips »

Since I am self managed, I don't have to pay a manager. I just sort out my trainers. When I was managed, I paid 20% to manager.
Old bones Ian
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Post by Old bones Ian »

thanks for that, it was just i was reading something on Tim Witherspoon, and he said the amount he got from fighting Bruno was much less then he was supposedly paid.

Mind you he was dealing with Don King
BunglesFingers
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Post by BunglesFingers »

I think that quite a few of DK's fighters have been paid less than they thought they were going to get!
paulyb
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Re: boxers money

Post by paulyb »

topper123 wrote:i was just wondering what boxers have to pay out from their purse, say a boxer is paid 10,000 what does he actully come away with once everyone has their bit, manager, promoter etc
Hello topper123,

I asked a very similar question a few months back. Below is a link to the thread, hope you find it useful.

Cheers Paul.

http://www.boxrec.com/phpBB2/viewtopic. ... highlight=
dondada
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Post by dondada »

topper123 wrote:thanks for that, it was just i was reading something on Tim Witherspoon, and he said the amount he got from fighting Bruno was much less then he was supposedly paid.

Mind you he was dealing with Don King
I know someone says on the other thread that Tim got only $40k from a million dollar purse but I think it was actually just over $90k the boxer cleared for himself. Still - absolutely scandalous and this precipitated the split between the two.

Witherspoon got wiped out in 1 by James Smith in his next defence amidst more rumours of money arguments. He just wasn't focused and was sick of being badly treated.

I don't think he ever worked with King again, keeping his dignity but probably harming his career.
knockout
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Post by knockout »

i have seen extracts from Witherspoons paper work

Don Kings team ripped him off badly i recall something along the lines of:

sparring expenses 10 days at $300 per day = $30000
Last edited by knockout on 21 Dec 2004, 12:26, edited 1 time in total.
dondada
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Post by dondada »

knockout wrote:i have seen extracts from Witherspoons paper work

Don Kings team ripped him off badly i recall something along the lines of:

sparring expenses 10 days and $300 per day = $30000
A common, dirty trick. I even worry that it happens now, not on that scale but with the smaller ticket sellers on small hall shows.
bugs
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Post by bugs »

I heard in a documentary about the 300 * 10 = 30000. But even after the mistake had been noticed he still couldn't get the money back. Really sick, King is not the one in the ring getting hammered around, it would be fun if he were though :D
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