Teddy's Toupee wrote:Where would you draw the line? What sort of "safety net" would constitute a moral hazard, encouraging boxers to "spunk" their money away?Aden wrote:I agree with Columbo. Give guys a safety net and they're even more likely to spunk their money away.
I get where both columbo and Aden are coming from though Teddy; some of the top level boxers make an excellent living at it and live the high life, if there were a fund set up who would have first dibs, the journeyman who had hit hard times after finishing or the fellow who'd speculated on the stock market, bought property and then divorce brings him low? Where does the money come from?