hideous purses paid by promotors...

gkt999
Heavyweight
Heavyweight
Posts: 488
Joined: 11 Oct 2007, 17:16

Re: hideous purses paid by promotors...

Post by gkt999 »

The purse fee is filed with the board when the match is being made. This in turn effects the figure on the bond which the promoter must lodge with the board. The board have all the fee's and purse amounts etc and will hold on to the bond until everyone is paid correctly. If a boxer travels with a accountant or manager they will normally deal with the promoter and collect the fees etc, if this is the case the boxer will sign his paperwork and thats the end of if from a British point of view if the manager/trainer/accountant withholds fees then they need to address that situation between each other.

On a side note our home fighers get £50 a round purse fee's on home shows, just cant pay the big money on a small hall show, especially when you are paying purse fees, flights, and accom for opponents. BTW all our small hall shows run at a £1K loss anyway even with small purses and some boxers even decline a purse fee just to get the fights.
dberry
Heavyweight
Heavyweight
Posts: 3350
Joined: 05 Jan 2010, 02:15

Re: hideous purses paid by promotors...

Post by dberry »

rhino222 wrote:a well known journeyman told me, not so long ago, that it was not unknown during his career, for part of his (the journeymans) purse to come from the purse of the home fighter, otherwise the home fighter would not get a fight. this was in circumstances when the promoter had dug his heels in and refused to pay the money (2K for instance) that the journeyman was demanding for the fight. the promoter might for instance only want to pay 1.6k .... so therefore the home fighter would find himself 400 quid short. HAS ANYONE ELSE COME ACROSS THIS HAPPENING?
This happens a bit in Australia, on one show that I recall, the home fighters didn't get a purse per se, had to pick and pay for their own opponents, including air fairs, accommodation etc. but got to keep 100% of the money of the tickets they sold themselves, out of their own hands.
princess
Heavyweight
Heavyweight
Posts: 900
Joined: 06 Oct 2009, 18:11

Re: hideous purses paid by promotors...

Post by princess »

Gareth wrote:The purse fee is filed with the board when the match is being made. This in turn effects the figure on the bond which the promoter must lodge with the board. The board have all the fee's and purse amounts etc and will hold on to the bond until everyone is paid correctly. If a boxer travels with a accountant or manager they will normally deal with the promoter and collect the fees etc, if this is the case the boxer will sign his paperwork and thats the end of if from a British point of view if the manager/trainer/accountant withholds fees then they need to address that situation between each other.

On a side note our home fighers get £50 a round purse fee's on home shows, just cant pay the big money on a small hall show, especially when you are paying purse fees, flights, and accom for opponents. BTW all our small hall shows run at a £1K loss anyway even with small purses and some boxers even decline a purse fee just to get the fights.
The purse fee isnt lodged with the board only if its a title fight You put the purses you paid to the boxers after the show to the board Dont know which boxers you deal with that travel with an accountant laugh ~But in the real world of boxing they come with there manager and trainer I have never in 18 years in the boxing world known a boxer come with an accountant laugh May be the big names do but i,m talking small hall shows here
Can you name the boxers that box for no money ???????????? would like to offer them some work
What us small promoters try and do is help each other and not over charge for opponents but we are all fair and pay the boxers whether it be on ticket deals or small purses We all know who the good and bad are
Id love to hear from a small hall promoter that has had a accountant travel with the boxer though PMSL

But your right if the manager trainer accountant (laugh) agent matchmaker and whoever else wants a cut is holding money the boxer needs to be told what the purse is before all these people take there cut
As far i,m aware when i pay a boxer he pays his manager and trainer that it So long as the boxer knows what the promoter is paying and he gives his cut to whoever and the boxer is happy to do this then fine
So long as the fighter knows what he is being paid it up to him if he wants to pay anyone other than the manager and the trainer
rhino222
Heavyweight
Heavyweight
Posts: 6617
Joined: 09 Sep 2005, 09:38

Re: hideous purses paid by promotors...

Post by rhino222 »

im sure its normally the manager that collects the purse and puts his signature to it and delivers it to the boxer....often in cash !!....please correct me if im wrong?
princess
Heavyweight
Heavyweight
Posts: 900
Joined: 06 Oct 2009, 18:11

Re: hideous purses paid by promotors...

Post by princess »

rhino222 wrote:im sure its normally the manager that collects the purse and puts his signature to it and delivers it to the boxer....often in cash !!....please correct me if im wrong?
thats right rhino
rhino222
Heavyweight
Heavyweight
Posts: 6617
Joined: 09 Sep 2005, 09:38

Re: hideous purses paid by promotors...

Post by rhino222 »

jane, thanks for your input into this thread, its really enlightened me for sure, and filled in a lot of grey areas.
princess
Heavyweight
Heavyweight
Posts: 900
Joined: 06 Oct 2009, 18:11

Re: hideous purses paid by promotors...

Post by princess »

rhino222 wrote:jane, thanks for your input into this thread, its really enlightened me for sure, and filled in a lot of grey areas.
No problem i got enlightened myself when Gareth said the boxers travel with a accountant and some box for no money laugh I think he needs to come to some small shows and see some of these lads turn up on there own after work x
gkt999
Heavyweight
Heavyweight
Posts: 488
Joined: 11 Oct 2007, 17:16

Re: hideous purses paid by promotors...

Post by gkt999 »

princess wrote:
Gareth wrote:The purse fee is filed with the board when the match is being made. This in turn effects the figure on the bond which the promoter must lodge with the board. The board have all the fee's and purse amounts etc and will hold on to the bond until everyone is paid correctly. If a boxer travels with a accountant or manager they will normally deal with the promoter and collect the fees etc, if this is the case the boxer will sign his paperwork and thats the end of if from a British point of view if the manager/trainer/accountant withholds fees then they need to address that situation between each other.

On a side note our home fighers get £50 a round purse fee's on home shows, just cant pay the big money on a small hall show, especially when you are paying purse fees, flights, and accom for opponents. BTW all our small hall shows run at a £1K loss anyway even with small purses and some boxers even decline a purse fee just to get the fights.
The purse fee isnt lodged with the board only if its a title fight You put the purses you paid to the boxers after the show to the board Dont know which boxers you deal with that travel with an accountant laugh ~But in the real world of boxing they come with there manager and trainer I have never in 18 years in the boxing world known a boxer come with an accountant laugh May be the big names do but i,m talking small hall shows here
Can you name the boxers that box for no money ???????????? would like to offer them some work
What us small promoters try and do is help each other and not over charge for opponents but we are all fair and pay the boxers whether it be on ticket deals or small purses We all know who the good and bad are
Id love to hear from a small hall promoter that has had a accountant travel with the boxer though PMSL

But your right if the manager trainer accountant (laugh) agent matchmaker and whoever else wants a cut is holding money the boxer needs to be told what the purse is before all these people take there cut
As far i,m aware when i pay a boxer he pays his manager and trainer that it So long as the boxer knows what the promoter is paying and he gives his cut to whoever and the boxer is happy to do this then fine
So long as the fighter knows what he is being paid it up to him if he wants to pay anyone other than the manager and the trainer

Glad you had a laugh Jane, but I was quoting the accountant as a general term for " the money man" so to speak be it match maker, trainer, manager, or the boxer if they travel alone. Although I'm 99% sure that I have read somewhere in documents a reference to a boxers accountant being listed as permited some sort of rights at a fight or something.

You are probably correct about purse fee's not being known by the board for British vs British boxer but give me a break please lol I have only worked on 3 small hall shows and everytime the opponent has been foriegn therefore I complete the engagement of forgien boxer forms and it asks for the purse fees. I had made an assumption that the same type of form would be completed for all fights. Can I ask you though, if the board do not know the purse fee's for bouts on the show how do they set the bond value?

If you want a list of boxers that foght for free check your PM's.

Ta

G
princess
Heavyweight
Heavyweight
Posts: 900
Joined: 06 Oct 2009, 18:11

Re: hideous purses paid by promotors...

Post by princess »

Gareth wrote:
princess wrote:
Gareth wrote:The purse fee is filed with the board when the match is being made. This in turn effects the figure on the bond which the promoter must lodge with the board. The board have all the fee's and purse amounts etc and will hold on to the bond until everyone is paid correctly. If a boxer travels with a accountant or manager they will normally deal with the promoter and collect the fees etc, if this is the case the boxer will sign his paperwork and thats the end of if from a British point of view if the manager/trainer/accountant withholds fees then they need to address that situation between each other.

On a side note our home fighers get £50 a round purse fee's on home shows, just cant pay the big money on a small hall show, especially when you are paying purse fees, flights, and accom for opponents. BTW all our small hall shows run at a £1K loss anyway even with small purses and some boxers even decline a purse fee just to get the fights.
The purse fee isnt lodged with the board only if its a title fight You put the purses you paid to the boxers after the show to the board Dont know which boxers you deal with that travel with an accountant laugh ~But in the real world of boxing they come with there manager and trainer I have never in 18 years in the boxing world known a boxer come with an accountant laugh May be the big names do but i,m talking small hall shows here
Can you name the boxers that box for no money ???????????? would like to offer them some work
What us small promoters try and do is help each other and not over charge for opponents but we are all fair and pay the boxers whether it be on ticket deals or small purses We all know who the good and bad are
Id love to hear from a small hall promoter that has had a accountant travel with the boxer though PMSL

But your right if the manager trainer accountant (laugh) agent matchmaker and whoever else wants a cut is holding money the boxer needs to be told what the purse is before all these people take there cut
As far i,m aware when i pay a boxer he pays his manager and trainer that it So long as the boxer knows what the promoter is paying and he gives his cut to whoever and the boxer is happy to do this then fine
So long as the fighter knows what he is being paid it up to him if he wants to pay anyone other than the manager and the trainer

Glad you had a laugh Jane, but I was quoting the accountant as a general term for " the money man" so to speak be it match maker, trainer, manager, or the boxer if they travel alone. Although I'm 99% sure that I have read somewhere in documents a reference to a boxers accountant being listed as permited some sort of rights at a fight or something.

You are probably correct about purse fee's not being known by the board for British vs British boxer but give me a break please lol I have only worked on 3 small hall shows and everytime the opponent has been foriegn therefore I complete the engagement of forgien boxer forms and it asks for the purse fees. I had made an assumption that the same type of form would be completed for all fights. Can I ask you though, if the board do not know the purse fee's for bouts on the show how do they set the bond value?

If you want a list of boxers that foght for free check your PM's.

Ta

G
At least you made me laugh Normally on small shows the bond is around 5 to 10 grand The board know when you submit the bill If you were using British champions say or bigger named boxer The bond would be a lot higher as The board know the bigger names dont box for £800 to £1000
On a British v British small show You just give the board the names of whos boxing Then after the show You give them what everyone was paid Its a bit different on the big shows hence the higher bond
Ill check my inbox now and give some on the fighters a call
rhino222
Heavyweight
Heavyweight
Posts: 6617
Joined: 09 Sep 2005, 09:38

Re: hideous purses paid by promotors...

Post by rhino222 »

jane

what does it cost annually for a promotors licence?
princess
Heavyweight
Heavyweight
Posts: 900
Joined: 06 Oct 2009, 18:11

Re: hideous purses paid by promotors...

Post by princess »

rhino222 wrote:jane

what does it cost annually for a promotors licence?
£500
housesecond
Heavyweight
Heavyweight
Posts: 474
Joined: 16 Nov 2008, 10:00

Re: hideous purses paid by promotors...

Post by housesecond »

standing8 wrote:
housesecond wrote:I remember being at a show where the promoter didn't get enough people through the door and was walking round telling the boxers they were getting a paycut so he wouldn't lose money. The boxers were told if they didn't take the cut he wouldn't use them again.
I remember that show at leeds town hall, didnt thet take that crooks licence off him,for worse offences????
I wasn't naming any names but how did you know?
standing8
Heavyweight
Heavyweight
Posts: 206
Joined: 02 Jul 2008, 16:37

Re: hideous purses paid by promotors...

Post by standing8 »

housesecond wrote:
standing8 wrote:
housesecond wrote:I remember being at a show where the promoter didn't get enough people through the door and was walking round telling the boxers they were getting a paycut so he wouldn't lose money. The boxers were told if they didn't take the cut he wouldn't use them again.
I remember that show at leeds town hall, didnt they take that crooks licence off him,for worse offences????
I wasn't naming any names but how did you know?
Standard tactics,from this tosser! whom now hides behind another individual
Spud
Heavyweight
Heavyweight

Re: hideous purses paid by promotors...

Post by Spud »

danh wrote:i still see everybody saying the same thing about you in boxing nothing changes, i hope every bit of bad luck comes your way think we no who lies cos theres a few people who would vouch for that cannon fodder
:o :o :o :o

B*llocks!!!

Your first line is the biggest piece of sh*t written on here!!! Steve Wood is the most approachable bloke I have met in boxing - your deal for that particular fight is nothing strange in boxing and if you did not have the intelligence to figure that out then tough sh*t!!! - I recently went to a show where Lee Swaby fought Dave Ingleby and after everything was paid for he ended probably less than you for his fight - he didnt moan about it - or try to blacken someones name like you have - he has put it down to experience and got on with life.
whicker
Heavyweight
Heavyweight
Posts: 4550
Joined: 01 Jan 2008, 01:52

Re: hideous purses paid by promotors...

Post by whicker »

Gareth wrote: especially when you are paying purse fees, flights, and accom for opponents.

Why not use local opponents?

I'm not targetting you directly, of course.

But these days on a lot of bills with all the foreign fly ins- they can't be cheap. Boring one sided fights result. Whats the point?

Surely as well if TWO local fighters are boxing each other, both will sell tickets? Or what am I missing here?
gkt999
Heavyweight
Heavyweight
Posts: 488
Joined: 11 Oct 2007, 17:16

Re: hideous purses paid by promotors...

Post by gkt999 »

whicker wrote:
Gareth wrote: especially when you are paying purse fees, flights, and accom for opponents.

Why not use local opponents?

I'm not targetting you directly, of course.

But these days on a lot of bills with all the foreign fly ins- they can't be cheap. Boring one sided fights result. Whats the point?

Surely as well if TWO local fighters are boxing each other, both will sell tickets? Or what am I missing here?
No local fighters in the same weights really, Northern Ireland based Team. Even Irish boxers tend to require Accom and travel costs.
whicker
Heavyweight
Heavyweight
Posts: 4550
Joined: 01 Jan 2008, 01:52

Re: hideous purses paid by promotors...

Post by whicker »

Ah, I see what you mean there Garath.

Lucky that flights have got much cheaper in recent years.
m1kee50
Heavyweight
Heavyweight
Posts: 4518
Joined: 04 Sep 2006, 11:07

Re: hideous purses paid by promotors...

Post by m1kee50 »

Good point tho Whicker, more local fights - when they can be made - would shift more tickets overall and both fighters would probably have more to fight for than some Latvian no-mark who picked up 6 wins in one day at a gym somewhere.

I know there are certain people on here who think that only the 'insiders' should be allowed to comment on how this sport is run, but fcuk it, what I want to know is why the promotors etc think that it is so important people win that they put on 90-10 or 80-20 fights rather than good fights... A lot of the real legends of the sport have had losses, thats what made them great...

Saying that, I can recall a lot of good competitive fights on undercards, but they should all be like that, there isn't an excuse. More local lads fighting eachother (how hard can it be to find two more-than-5-less-than-10-fight Heavies in London?) sells more tickets than the above mentioned eejits.

Saying that I genuinely did not realise that some of the fighters routinely fight for such small sums. It leads me to two conclusions - I am more grateful to them that they still turn up to make good fights we can enjoy - and secondly that there is no way I would do it myself.
m1kee50
Heavyweight
Heavyweight
Posts: 4518
Joined: 04 Sep 2006, 11:07

Re: hideous purses paid by promotors...

Post by m1kee50 »

yiddo14 wrote:
Rocky Balboa wrote:
yiddo14 wrote: And people say all the money is the NFL or NBA!

Well thats the argument put forward by US fight fans trying to explain why they haven't had a great Heavyweight since Holyfield.

Imagine a prime Tyson fighting today? Would earn double what Beckham and Tiger Woods earn a year combined.

The Heavyweight Championship is still potentially the richest prize in sport.
If the prime Tyson was around today, his earnings, sponsorships, etc, etc, would be off the wall! Remember, back in the day, Tyson did commercials for Budweiser, Japanese beer, Nintendo, LAPD, NYPD, Pepsi, etc. He was a massive commodity!

If I remember rightly, in 1996, he was the highest paid sportsman, earning something in the region of $100,000,000 or near that figure anyway. That was just his earning's & does not take into consideration any other deals!
Exactly. Thats why the argument that all of todays great US Heavyweights chase the dollar in the NBA and NFL is a non-starter.

No one would make more money in the sporting world than a truly great, charismatic Heavyweight Champion.

Imagine how much a prime Ali would earn a year!
The trick, yiddo, is to look at the spread of the money... the lowest paid NBA or NFL player will be on much more than the lowest paid boxer, the average career earnings of these people outstrip all but the highest paid boxers... same with football over here.
rhino222
Heavyweight
Heavyweight
Posts: 6617
Joined: 09 Sep 2005, 09:38

Re: hideous purses paid by promotors...

Post by rhino222 »

trouble is that pro gyms are quite spaced apart, therefore, local fighters tend to be mates and train in the same gym under the same trainer... the trainer is then reluctant to put his boys in together, they are generally mates who spar together !!
mickey1975
Heavyweight
Heavyweight
Posts: 23113
Joined: 02 Mar 2009, 12:54

Re: hideous purses paid by promotors...

Post by mickey1975 »

I bet Curtis Woodhouse's best week's wages were a lot more than his best purse.Easily
jonp
Heavyweight
Heavyweight
Posts: 2081
Joined: 29 Mar 2007, 12:44

Re: hideous purses paid by promotors...

Post by jonp »

MatthewS wrote:Good point tho Whicker, more local fights - when they can be made - would shift more tickets overall and both fighters would probably have more to fight for than some Latvian no-mark who picked up 6 wins in one day at a gym somewhere.

I know there are certain people on here who think that only the 'insiders' should be allowed to comment on how this sport is run, but fcuk it, what I want to know is why the promotors etc think that it is so important people win that they put on 90-10 or 80-20 fights rather than good fights... A lot of the real legends of the sport have had losses, thats what made them great...

Saying that, I can recall a lot of good competitive fights on undercards, but they should all be like that, there isn't an excuse. More local lads fighting eachother (how hard can it be to find two more-than-5-less-than-10-fight Heavies in London?) sells more tickets than the above mentioned eejits.

Saying that I genuinely did not realise that some of the fighters routinely fight for such small sums. It leads me to two conclusions - I am more grateful to them that they still turn up to make good fights we can enjoy - and secondly that there is no way I would do it myself.

Mathews its a lot easier said than done i have made local fights between good lads on my shows and with the amount of mates,brothers,dads,trainers who think they are managers and are promoting you wouldnt believe.

They go on the net check out the guy you matched them and think this is no good and demand easier fights if you dont give them the fights that their entourage beleive is best for them then they either pull out or in some instances leave the gym.

Also if you actualy get the fighter to take the fight and they draw or maybe god forbid lose :roll: off they go next fight to where they think they will "get matched properly"

It realy isnt as easy as taking two local fighters of simeler abilty and letting them fight,i wish it was
damianhucker1
Heavyweight
Heavyweight
Posts: 3071
Joined: 20 Sep 2008, 17:36

Re: hideous purses paid by promotors...

Post by damianhucker1 »

Spud wrote:
danh wrote:i still see everybody saying the same thing about you in boxing nothing changes, i hope every bit of bad luck comes your way think we no who lies cos theres a few people who would vouch for that cannon fodder
:o :o :o :o

B*llocks!!!

Your first line is the biggest piece of sh*t written on here!!! Steve Wood is the most approachable bloke I have met in boxing - your deal for that particular fight is nothing strange in boxing and if you did not have the intelligence to figure that out then tough sh*t!!! - I recently went to a show where Lee Swaby fought Dave Ingleby and after everything was paid for he ended probably less than you for his fight - he didnt moan about it - or try to blacken someones name like you have - he has put it down to experience and got on with life.
spud , you keep mentionining lee swaby , but he promotes now , so if it was his own show , which i imagine it was , then so what if he got almost nothing , its perfectly normal for smaller promotors to not make a profit on a show , i do white collar shows and my next show may be the first one i take a loss on , but i knew it was going to happen eventually , i thought id done well to not lose anything on my first 3 , maybe ill bang out a load of tickets in this month leading up , who knows but im expecting to make a small loss , no doubt lee was fully expecting to not be earning vast sums either.
damianhucker1
Heavyweight
Heavyweight
Posts: 3071
Joined: 20 Sep 2008, 17:36

Re: hideous purses paid by promotors...

Post by damianhucker1 »

princess wrote:
Londonirish wrote:
princess wrote:[
I wouldnt say they are cheap The ones i have had over here have cost about £3K for 6x3 min But what the boxer sees out of that I dont know


3K is a Massive amonth :o Who were they Fighting for that what weight? could'nt of been an up and coming, 2-0 6-1 etc ? 6X3 min :o
I had 3 girls from Europe that came to fight me when i was fighting and Mickey Helliet brought a couple in to fight Scott Quigg and Mark Thompson Carl Greaves just recently promoted and brought one in for 3k Not sure who he was fighting though Carl post on here so sure he will tell us.
But does it really matter who they were fighting the point is if the promoter is being charged 3k and the boxer isnt getting it Theres a problem
does he ? i didnt know that , whats his user name ? hes someone who id be interested in what he has to say , being a promotor local to me etc , theres certain lads i know who have trained with him and i deal with his former manager when he was fighting , so would be worth knowing.
rhino222
Heavyweight
Heavyweight
Posts: 6617
Joined: 09 Sep 2005, 09:38

Re: hideous purses paid by promotors...

Post by rhino222 »

damianhucker1 wrote:
Spud wrote:
danh wrote:i still see everybody saying the same thing about you in boxing nothing changes, i hope every bit of bad luck comes your way think we no who lies cos theres a few people who would vouch for that cannon fodder
:o :o :o :o

B*llocks!!!

Your first line is the biggest piece of sh*t written on here!!! Steve Wood is the most approachable bloke I have met in boxing - your deal for that particular fight is nothing strange in boxing and if you did not have the intelligence to figure that out then tough sh*t!!! - I recently went to a show where Lee Swaby fought Dave Ingleby and after everything was paid for he ended probably less than you for his fight - he didnt moan about it - or try to blacken someones name like you have - he has put it down to experience and got on with life.
spud , you keep mentionining lee swaby , but he promotes now , so if it was his own show , which i imagine it was , then so what if he got almost nothing , its perfectly normal for smaller promotors to not make a profit on a show , i do white collar shows and my next show may be the first one i take a loss on , but i knew it was going to happen eventually , i thought id done well to not lose anything on my first 3 , maybe ill bang out a load of tickets in this month leading up , who knows but im expecting to make a small loss , no doubt lee was fully expecting to not be earning vast sums either.
changing the subject slightly, swaby and krence fight in poland this saturday.
Post Reply