Should Boxers Purses be Posted to the Public

[Ruthless-RKO]

I know purses are never posted in the UK unless it’s PPV..

In the US, the commissions alway post them.. then writers like Dan Rafael post them on their articles.

Thoughts on this?

[oogiebe]

Neutral. I couldn't give a shvt what the fighters are making, really. It doesn't impact by bank account.

[Perseus]

Neutral. I couldn't give a shvt what the fighters are making, really. It doesn't impact by bank account.

[dagilechia]

it should be up to boxers

[candyslim]

I like to see it all out in the open because it's far easier to work out who is pricing themselves out, who is low-balling, basically who really wants the fight and who is merely posturing.

How many mouth-watering fights would get made simply because any attempt to swerve a dangerous opponent would be exposed for all the world to see, and the would be ducker would prefer to take his chances rather than look like a pussy?

[oogiebe]

I like to see it all out in the open because it's far easier to work out who is pricing themselves out, who is low-balling, basically who really wants the fight and who is merely posturing.

How many mouth-watering fights would get made simply because any attempt to swerve a dangerous opponent would be exposed for all the world to see, and the would be ducker would prefer to take his chances rather than look like a pussy?

[TempleSlave]

Well if purses were made public that would possibly explain some examples of seemingly strange matchmaking.

[candyslim]

Zackly

[SenorPipino]

I love seeing what a fighter's earning. It gives you a good idea of just how highly regarded he is by the public. How big of an attraction they are.

Just read that Pacquiao is guaranteed $10 million tonight. Gone are the days when he routinely received $25 million. Interest in him has declined.

And although Broner is constantly reviled and called "washed up" he will receive the biggest paycheck of his career, about $2.5 million. Ali/Frazier l money.

[Ruthless-RKO]

I love seeing what a fighter's earning. It gives you a good idea of just how highly regarded he is by the public. How big of an attraction they are.

Just read that Pacquiao is guaranteed $10 million tonight. Gone are the days when he routinely received $25 million. Interest in him has declined.

Pac was always guaranteed $20m with Top Rank.. even if the bout never generated enough buys, Arum paid him the remainder himself.

[Mexi-Box]

Yes. Almost all sports figures income here in America are publicly shown. Ward is an effing whiner.

[marvelous marv]

Purses in the US must be made public due to the Muhammad Ali Act.

In some cases the promoter only reveals the purse on the day of the fight leaving the fighter the option of taking less than what was discussed or not fighting.

This legislation was put in place to protect fighters from being paid less than what was discussed post fight.

[Ruthless-RKO]

And even if it wasn’t for guys like Fat Dan who include purse figures in their articles, the commissions always make them available anyway via their websites.

Ward was aiming his tweet at writers.

[funso banjo baby]

I like to know.

especially what the opps (journeymen) make

[oogiebe]

I have to say I get a better appreciation for the non-headliners and other card fillers' as I see how little they actually make. It's a tough business for most fighters.

[mullenman]

I work for government and all our income is online

[Enlightened-One]

Fighters purses should not be disclosed to the public, but the lack of information would inevitably lead to fight fans accusing boxers of “ducking” when they aren’t being paid their worth or are being too greedy.

[camW00dS]

They might pay 50 percent but there must be deductions on their income tax form to offset some of that. Anyone know for sure how it works..

[Enlightened-One]

They might pay 50 percent but there must be deductions on their income tax form to offset some of that. Anyone know for sure how it works..

Boxers usually have deductibles from their gross fight purse, such as:

• Manager = 25% (legal limit is 33.3% - Al Haymon is believed to be an anomaly, as he's allegd to only require a fee between 10% to 15% for his role as a manager/advisor)
• Trainer = 10%
• Cutman = 2%
• Strength & Conditioning coach = 3%
• Sanctioning fees = 3% (per governing body)

I believe that promoters can also deduct between 20% to 25% of their fighter’s gross purse if they compete on another promoter’s card. It is rumoured that Bob Arum’s Top Rank typically deducts 27% from his fighter’s purses.

Tax is then paid on the remainder (based on US figures):

• Income tax (40% of the net figure after the above expenses)
• State Tax (not applicable in Nevada, but does apply in most US states and used to be around 9%)

To give you an example of what I mean, Sergey Kovalev claimed that he was left with only $125K from the $500K he was paid to face Bernard Hopkins.

Either way, the typical fighter who does not call his own shots, likely keeps around 25-35% of his purse after all is said and done. I suspect that elite-level fighters are able to receive a better percentage of their purse, since they have more bargaining power and usually get involved in the their own affairs (i.e. self-managed or have their own promotional companies).

[siablo14]

I like to see it all out in the open because it's far easier to work out who is pricing themselves out, who is low-balling, basically who really wants the fight and who is merely posturing.

How many mouth-watering fights would get made simply because any attempt to swerve a dangerous opponent would be exposed for all the world to see, and the would be ducker would prefer to take his chances rather than look like a pussy?

Sounds good.

[siablo14]

I love seeing what a fighter's earning. It gives you a good idea of just how highly regarded he is by the public. How big of an attraction they are.

Just read that Pacquiao is guaranteed $10 million tonight. Gone are the days when he routinely received $25 million. Interest in him has declined.

And although Broner is constantly reviled and called "washed up" he will receive the biggest paycheck of his career, about $2.5 million. Ali/Frazier l money.

Nah man. Factor in inflation and Broner is receiving less than they did. Other than that good points made.

[siablo14]

Fighters purses should not be disclosed to the public, but the lack of information would inevitably lead to fight fans accusing boxers of “ducking” when they aren’t being paid their worth or are being too greedy.

Why not?

[Enlightened-One]

Fighters purses should not be disclosed to the public, but the lack of information would inevitably lead to fight fans accusing boxers of “ducking” when they aren’t being paid their worth or are being too greedy.

Why not?

Should YOUR personal salary details be disclosed to the public? What purpose would it serve allowing such information to become easily accessible within the public domain?

When we take into consideration each fighter’s personal circumstances (i.e. the deductibles from their paydays, depending on their team’s requirements), coupled with the tax rules applicable to the venue of each bout, their net take-home pay can differ drastically from fighter-to-fighter.

Basically, two fighters can both earn the same $1m payday, but their net take-home pay could be vastly different.

Therefore, the total purse each fighter is paid per bout is totally useless information. It doesn’t provide any sort of benefit to society other than quell people’s curiosity.

If I wouldn’t want MY OWN salary details to be disclosed to the public, then it would be hypocritical to demand that someone else’s should be. Don’t you agree?

[Enlightened-One]

Just read that Pacquiao is guaranteed $10 million tonight. Gone are the days when he routinely received $25 million. Interest in him has declined.

Manny Pacquiao is self-promoted now, so he now receives more revenue due to promoting his own events, as Top Rank are no longer involved.

He also manages some (not all) of his own affairs. He’s also got far more control over his own training expenses.

The cut of his payday that Top Rank received would be eliminated and he’ll also receive the entirety of the proceeds from the broadcast fees, whereas Bob Arum used to take his cut.

So even though Manny’s paydays are now smaller, he’s receiving a significantly bigger percentage of the proceeds from his own events.

In this scenario, Manny’s $10m payday against Broner (based on his current circumstances) is probably not as different as you’d think in comparison to the days he was regularly receiving $25m.

[Onetimeonly]

I couldn't care less. The commission numbers aren't accurate for the big fighters anyway. They have the same right to tax breaks as any other businessmen.