another millionaire boxer gone broke

ImranSarwar
Super Welterweight
Posts: 917
Joined: 26 Sep 2014, 22:53

Re: another millionaire boxer gone broke

Post by ImranSarwar »

Nightmare Roy wrote:
watsupdoc87 wrote:too many money grabing bitches out there, puts his life on the line in his chosen profession makes a wage and some whore opens her legs and takes his cash
What? He should pay for his kid it's called "taking responsibility"
AVVO has nice network of LAW PRO PEOPLE! "750,000.00"? The post here about "peak earnings" was good. Maybe they can reaccess that (?).
Also with AVVO, you can post a question for no charge.
Freedom2013
Super Middleweight
Posts: 3879
Joined: 26 Nov 2012, 11:35

Re: another millionaire boxer gone broke

Post by Freedom2013 »

I'll say one thing for Antonio Tarver: he's an excellent commentator/analyst.

He's much better than the childish agenda-driven fanboy Max Kellerman and the absurdly biased and effeminate Steve Farhood.
sucracristo
Light Heavyweight
Posts: 1828
Joined: 24 Dec 2011, 23:47

Re: another millionaire boxer gone broke

Post by sucracristo »

Boxerbeetle wrote:Can someone please explain how the US tax system allows people not to file tax returns for 8 years?
no real way to prevent people from doing illegal stuff. just punish them after. there is withholding from
regular wages of most employees, but independent contractors have to file quarterly as they all have
different expenses and tax situations and usually don't have taxes withheld (and because they don't
have employers paying payroll taxes their self employment tax is double fica). the biggest issue here
is that tarver owes probably more than he makes in child support, which is not tax deductible for the
payor nor taxable to the payee. in other words, tarver could earn a million $, have his former girlfriend
drag him into court and take it all (and she pays no taxes on it), and then the next day the IRS would
drag him into court to pay taxes on the million he never saw, meaning he has to go out and find another
few hundred thousand somewhere, which she could then take, and then the IRS comes back again...
if the IRS doesn't get paid, eventually they will freeze all his assets and accounts and slap a lien on that
house. they also will garnish his wages so it won't be a matter of waiting for him to file anymore. he will
get paid and never see the check. he could be riding a bicycle and sleeping on a couch in the gym for
all they care. i heard iran barkley actually was sleeping under a bridge a while back and heard of many
others almost as bad off. if he had decent accountants and advisors who could hide his stuff, and he just
spent like a somewhat normal rich person, he wouldn't be in this position.
sucracristo
Light Heavyweight
Posts: 1828
Joined: 24 Dec 2011, 23:47

Re: another millionaire boxer gone broke

Post by sucracristo »

Freedom2013 wrote:I'll say one thing for Antonio Tarver: he's an excellent commentator/analyst.

He's much better than the childish agenda-driven fanboy Max Kellerman and the absurdly biased and effeminate Steve Farhood.
i never understood why boxing has so many more AP/UPI vagrants playing the role of self-proclaimed
experts. in every other sport you have real former champions doing that kind of analysis on tv and maybe
one play-by-play/color commentator to ask them questions and keep the program moving. tv boxing
piles on 3 guys who have no background in the sport at all other than being assigned to cover it, who
are way over their heads but still embarrasingly confident in their expertise, and maybe they will have
a former boxer/trainer in the mix sometimes to explain something important. if they do bring on a former
champ, too often it's someone like jim watt who isn't even watching the fight and just like hearing himself
talk and tell stories. when my scorecard looks anything like jim watt's, i start questioning myself.
hopkins, rjj, lennox lewis, foreman, sean o'grady, raul marquez, john scully, dlh, even paulie malignaggi,
all beat the media types at analysis. lots of current boxers like timothy bradley, bhop, and ward can talk.
so many options out there and they go with 3rd string press guys
Chepppaaa
Super Middleweight
Posts: 2626
Joined: 01 Jun 2013, 19:32

Re: another millionaire boxer gone broke

Post by Chepppaaa »

diddy wrote:Just another god damn idiot.

this
Undefeated49-0
Welterweight
Posts: 1192
Joined: 13 Nov 2015, 14:36

Re: another millionaire boxer gone broke

Post by Undefeated49-0 »

Freedom2013 wrote:I'll say one thing for Antonio Tarver: he's an excellent commentator/analyst.

He's much better than the childish agenda-driven fanboy Max Kellerman and the absurdly biased and effeminate Steve Farhood.
You left out the totally biased and race agenda driven Lampley.
Ricky_
Middleweight
Posts: 8896
Joined: 16 Oct 2013, 08:03

Re: another millionaire boxer gone broke

Post by Ricky_ »

Undefeated49-0 wrote:
Freedom2013 wrote:I'll say one thing for Antonio Tarver: he's an excellent commentator/analyst.

He's much better than the childish agenda-driven fanboy Max Kellerman and the absurdly biased and effeminate Steve Farhood.
You left out the totally biased and race agenda driven Lampley.

That's a libellous statement which could see legal action taken against Boxrec. I'd advise you to remove that comment, troll.
Undefeated49-0
Welterweight
Posts: 1192
Joined: 13 Nov 2015, 14:36

Re: another millionaire boxer gone broke

Post by Undefeated49-0 »

Ricky_ wrote:That's a libellous statement which could see legal action taken against Boxrec. I'd advise you to remove that comment, troll.
Calls me a Troll but is the one following me around in every thread complaining about my personal opinion of Jim Lampley who will never read this forum nor is able to stop me from making such a statement about him.
Ricky_
Middleweight
Posts: 8896
Joined: 16 Oct 2013, 08:03

Re: another millionaire boxer gone broke

Post by Ricky_ »

Undefeated49-0 wrote:
Ricky_ wrote:That's a libellous statement which could see legal action taken against Boxrec. I'd advise you to remove that comment, troll.
Calls me a Troll but is the one following me around in every thread complaining about my personal opinion of Jim Lampley who will never read this forum nor is able to stop me from making such a statement about him.

Boxrec have been threatened in the past, they are responsible for content published on here wether it's your personal opinion or not.

You said Lampley has a racist agenda. A libellous statement that is now published on Boxrec.
caldo2025
Super Welterweight
Posts: 4417
Joined: 16 Dec 2014, 07:37

Re: another millionaire boxer gone broke

Post by caldo2025 »

Well, now that he doesn't have any car maybe he has the time to do his own god damn lawn. Imagine that? Not providing money for your child but you have a lawn service? Here's an idea, as a parent, you need to sacrifice a little. Maybe no pool? Maybe no lawn service. How about selling that house and buying something smaller. NOooo..course not. That would mean sacrificing your luxury for the good of your children.

I got into a beef with this idiot the day that Manny Stewart died and he was tweeting out jokes and all sort of dumb shiit. I called him out on it and he whined like the bitch he is. I'll always love the "what excuse will it be tonight, Roy" comment but this is the lowest of the low.
Counter-puncher
Heavyweight
Heavyweight
Posts: 39141
Joined: 20 May 2008, 11:41

Re: another millionaire boxer gone broke

Post by Counter-puncher »

Ricky_ wrote:
Undefeated49-0 wrote:
Ricky_ wrote:That's a libellous statement which could see legal action taken against Boxrec. I'd advise you to remove that comment, troll.
Calls me a Troll but is the one following me around in every thread complaining about my personal opinion of Jim Lampley who will never read this forum nor is able to stop me from making such a statement about him.

Boxrec have been threatened in the past, they are responsible for content published on here wether it's your personal opinion or not.

You said Lampley has a racist agenda. A libellous statement that is now published on Boxrec.
I never thought about Lampley in the context of any kind of racial agenda

I find I easier to think of him in terms of being an utter wanker
Undefeated49-0
Welterweight
Posts: 1192
Joined: 13 Nov 2015, 14:36

Re: another millionaire boxer gone broke

Post by Undefeated49-0 »

Ricky_ wrote:Boxrec have been threatened in the past, they are responsible for content published on here wether it's your personal opinion or not.

You said Lampley has a racist agenda. A libellous statement that is now published on Boxrec.
It's a really nice move of you to try and spotlight attention on this and me to try and get me Banned again (I know you've done it before) but I don't think it will work.

Have a nice day, please just place me as a Foe so you won't have to worry about having your feelings hurt or Trolling me in every thread.

Now for the rest of us, back to talking boxing.
Undefeated49-0
Welterweight
Posts: 1192
Joined: 13 Nov 2015, 14:36

Re: another millionaire boxer gone broke

Post by Undefeated49-0 »

Undefeated49-0 wrote:You left out the totally biased and race agenda driven Lampley.
FYI Ricky, i don't flat out call Lampley a "Racist" but I did say he has a "race driven agenda" those are two different things.
Counter-puncher
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Re: another millionaire boxer gone broke

Post by Counter-puncher »

Undefeated49-0 wrote:
Undefeated49-0 wrote:You left out the totally biased and race agenda driven Lampley.
FYI Ricky, i don't flat out call Lampley a "Racist" but I did say he has a "race driven agenda" those are two different things.

He likes NASCAR?
Ricky_
Middleweight
Posts: 8896
Joined: 16 Oct 2013, 08:03

Re: another millionaire boxer gone broke

Post by Ricky_ »

Undefeated49-0 wrote:
Undefeated49-0 wrote:You left out the totally biased and race agenda driven Lampley.
FYI Ricky, i don't flat out call Lampley a "Racist" but I did say he has a "race driven agenda" those are two different things.
Libel;

Libel is a method of defamation expressed by print, writing, pictures, signs, effigies, or any communication embodied in physical form that is injurious to a person's reputation, exposes a person to public hatred, contempt or ridicule, or injures a person in his/her business or profession.
Counter-puncher
Heavyweight
Heavyweight
Posts: 39141
Joined: 20 May 2008, 11:41

Re: another millionaire boxer gone broke

Post by Counter-puncher »

You're a strange man, Ricky.
Counter-puncher
Heavyweight
Heavyweight
Posts: 39141
Joined: 20 May 2008, 11:41

Re: another millionaire boxer gone broke

Post by Counter-puncher »

Mate you make Horse seem pretty normal. Think about that.
Like a Boss
Light Heavyweight
Posts: 5863
Joined: 01 May 2012, 03:21

Re: another millionaire boxer gone broke

Post by Like a Boss »

Nobody squanders a fortune as spectacularly as a boxer does.
Baby Face Finster
Heavyweight
Heavyweight
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Joined: 29 Dec 2004, 23:34

Re: another millionaire boxer gone broke

Post by Baby Face Finster »

Like a Boss wrote:Nobody squanders a fortune as spectacularly as a boxer does.
A Dictator surely?
Freedom2013
Super Middleweight
Posts: 3879
Joined: 26 Nov 2012, 11:35

Re: another millionaire boxer gone broke

Post by Freedom2013 »

Undefeated49-0 wrote:
Ricky_ wrote:Boxrec have been threatened in the past, they are responsible for content published on here wether it's your personal opinion or not.

You said Lampley has a racist agenda. A libellous statement that is now published on Boxrec.
It's a really nice move of you to try and spotlight attention on this and me to try and get me Banned again (I know you've done it before) but I don't think it will work.
How many accounts have you had banned from here, Brut?

You need to stop going on about racism. In another thread you accused me of being a racist and said I lynched black men. That was after you replied to my post defending Tarver in this thread.

Not everything is about race. You should judge people by what they DO, and forget about race.
diddy
Heavyweight
Heavyweight
Posts: 4900
Joined: 14 Apr 2009, 01:42

Re: another millionaire boxer gone broke

Post by diddy »

I make roughly $200,000 a year. Do you know how I keep my money? By living like a pseudo-poor person. Rich people stay rich by living like they're practically poor. Poor people stay poor by living beyond their means. And I'm not millionaire rich. I want to be but never will be if I don't keep myself and my spending in check. That means not taking multi vacations a year. Not buying a 3rd vehicle. Not buying a bunch of crap I don't need nor will ever use. Not going out to eat multiple times a week. Not having 27 kids. Not getting divorced. Something I have that many overnight rich athletes do not is an education. I'm always thinking about tmrw. That's something that is learned. It can't really be taught. That's why these guys need financial advisors who are also people who care about them. To lead them down the right path. Or you're going to keep seeing this sort of thing happen. Some of these athletes weren't born with the foresight to understand that money doesn't last forever and in their line of
work especially, it's going to be short lived, making saving and investing even more paramount.
foxdog1923
Heavyweight
Heavyweight
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Re: another millionaire boxer gone broke

Post by foxdog1923 »

The last person to take ask for financial advice is someone who gets there head punched in a lot.
banjo
Heavyweight
Heavyweight
Posts: 26391
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Re: another millionaire boxer gone broke

Post by banjo »

Another millionaire idiot gone broke more like. I can't sympathise with people who make enough money so that they would never have to work again and end up skint, it's sheer stupidity.
sucracristo
Light Heavyweight
Posts: 1828
Joined: 24 Dec 2011, 23:47

Re: another millionaire boxer gone broke

Post by sucracristo »

foxdog1923 wrote:The last person to take ask for financial advice is someone who gets there head punched in a lot.
there are a lot of boxers of have multiplied their boxing wealth with smart investing.
someone on here mentioned max schmelling on here the other day. that guy
was in charge of coca cola distribution for like all of germany i think. i heard
buster douglas, carl froch, anthony mundine, and many others have real
estate investments. this article says tarver owned other real estate that
went into forclosure but it doesn't sound like those were investment properties.
ray leonard had mike trainer and other advisors from the beginning of his
career. i heard shelly finkle took mark breland's first million and put it in
an annuity that has been paying him $100k/yr for life starting when he
turned 30. there are lots of examples of boxing setting up athletes for
great success after their careers, but we keep hearing of so many athletes,
especially boxers, going broke after making millions. a lot of those stories
of boxers going broke were from don king's stable and had no idea where
their money was going or what they owned. they lived like kings while
they were winning, and then they found out they owned nothing and had
nothing in the bank when they started losing. hector camacho went outside
to try to stop his exotic sports car from being repo'd only to see movers
lining up to enter his house and take everything and evict him. turns out
don king really owned everything he had. i'm sure most of this is the boxer's
fault for not taking care of business outside the ring, but seems like lots of boxers
have vampires and leeches all around them more than in other sports,
except possibly for NFL athletes, who have even shorter careers on average
and spend like idiots worse than boxers and are often dead by 50.
Undefeated49-0
Welterweight
Posts: 1192
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Re: another millionaire boxer gone broke

Post by Undefeated49-0 »

Freedom2013 wrote:It's a really nice move of you to try and spotlight attention on this and me to try and get me Banned again (I know you've done it before) but I don't think it will work.
How many accounts have you had banned from here, Brut?

You need to stop going on about racism. In another thread you accused me of being a racist and said I lynched black men. That was after you replied to my post defending Tarver in this thread.

Not everything is about race. You should judge people by what they DO, and forget about race.[/quote]

All anyone here has to do is a simple search and it will prove how you have been towards fighters who have darker skin. If the shoe fits then wear it.

I never defended Tarver, I simply pointed out that you are taking pleasure in what you are doing for your own treacherous reasons.
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