Matchroom Boxing suing BOXXER & Sky Sports for £7.7 MILLION

[Coco]

Promoters don't automatically get money if their fighter fights on an away show.
As a part of letting them fight they would need to negotiate a deal which suits everyone.
And it could go as far as co promotion.
I'd guess that many times the numbers don't add up, egos too get in the way

[maverick23]

that seems more plausible.

I do chuckle when people announce something as definitely true (promoter gets nowt!) without really knowing.

Sad that boxers have to sign there life away just to get with a promoter , Even sadder managers ger 25%

They don’t have to sign their life away. There’s promotional competition so a good fighter should have choices.

The managers should be doing enough to justify their %. I do wonder how often that happens though.

[omalley]

Exactly. They will take a share, however, if they box on another promoters show.

Oh ok thanks for that clarification

didn't know that, so in theory you could just keep sourcing other cards for your fighter to fight on, with no outlay from yourself.

But why would other promoters be happy to invite your unknown fighter to their cards? First, you have to promote your fighter's name somehow.
And we know that big promoters love "in-house" shows.

[maverick23]

Oh ok thanks for that clarification

didn't know that, so in theory you could just keep sourcing other cards for your fighter to fight on, with no outlay from yourself.

But why would other promoters be happy to invite your unknown fighter to their cards? First, you have to promote your fighter's name somehow.
And we know that big promoters love "in-house" shows.

They wouldn’t just invite an unknown fighter onto to their shows. Fighters fighting on other promoters shows mostly happens due to purse bids when the fighter wants a fight but his promoter loses the purse or they do a deal to avoid purses. In both of those scenarios they promoter would likely receive a fee to allow for their fighter to fight on someone else’s show.

With Hennessy being without a broadcast deal at the moment he’s letting his fighters fight on other promoter’s shows to keep them active. I’d be surprised though if he’s taking a cut.

[omalley]

didn't know that, so in theory you could just keep sourcing other cards for your fighter to fight on, with no outlay from yourself.

But why would other promoters be happy to invite your unknown fighter to their cards? First, you have to promote your fighter's name somehow.
And we know that big promoters love "in-house" shows.

They wouldn’t just invite an unknown fighter onto to their shows. Fighters fighting on other promoters shows mostly happens due to purse bids when the fighter wants a fight but his promoter loses the purse or they do a deal to avoid purses.

Purse bids emerge when we talk about title (eliminator) bouts only. It's a tiny part of boxing.
Boxers of not-so-big promoters take part on big shows from leading promoters on the regular basis. Eye of the Tiger prom. or Salita prom., for example.

[maverick23]

But why would other promoters be happy to invite your unknown fighter to their cards? First, you have to promote your fighter's name somehow.
And we know that big promoters love "in-house" shows.

They wouldn’t just invite an unknown fighter onto to their shows. Fighters fighting on other promoters shows mostly happens due to purse bids when the fighter wants a fight but his promoter loses the purse or they do a deal to avoid purses.

Purse bids emerge when we talk about title (eliminator) bouts only. It's a tiny part of boxing.
Boxers of not-so-big promoters take part on big shows from leading promoters on the regular basis. Eye of the Tiger prom. or Salita prom., for example.

Sure - and when a Salita fighter fights on a different show he’ll be taking a decent chunk of the agreed amount.

[SeanBrennan]

Oh ok thanks for that clarification

didn't know that, so in theory you could just keep sourcing other cards for your fighter to fight on, with no outlay from yourself.

But why would other promoters be happy to invite your unknown fighter to their cards? First, you have to promote your fighter's name somehow.
And we know that big promoters love "in-house" shows.

I get it. I think it depends on the relationship, I know Sauerland and MR help each other. Sauerland don't seem to fall out with many people tbf.

[SeanBrennan]

that seems more plausible.

I do chuckle when people announce something as definitely true (promoter gets nowt!) without really knowing.

I obviously haven’t seen any contracts so don’t know anything for sure.

However I’ve seen interviews from years back where allegedly was talking about Eddie Hearn being quite happy to let Kell Brook fight Porter on the away card because he (Hearn) gets his percentage even if Brook loses.

So I’m basing it off allegedly knowing what he’s talking about.

it sounds plausible.
on another note, I've just read Barry Hearn's autobiog, well worth a read about the workings on boxing business.

[SeanBrennan]

that seems more plausible.

I do chuckle when people announce something as definitely true (promoter gets nowt!) without really knowing.

Sad that boxers have to sign there life away just to get with a promoter , Even sadder managers ger 25%

wasn't there a situation where someone was manager and promoter and getting 40%?

[SeanBrennan]

that seems more plausible.

I do chuckle when people announce something as definitely true (promoter gets nowt!) without really knowing.

Sad that boxers have to sign there life away just to get with a promoter , Even sadder managers ger 25%

They don’t have to sign their life away. There’s promotional competition so a good fighter should have choices.

The managers should be doing enough to justify their %. I do wonder how often that happens though.

are there any examples where a manager promotes and manages himself successfully?

[maverick23]

that seems more plausible.

I do chuckle when people announce something as definitely true (promoter gets nowt!) without really knowing.

Sad that boxers have to sign there life away just to get with a promoter , Even sadder managers ger 25%

wasn't there a situation where someone was manager and promoter and getting 40%?

Not that I’m aware of but it’s possible I guess if a fighter was getting screwed.

Don King used to really take the piss with his fighters. From memory he would set his son up as their manager and then just make massive deductions from their agreed purses.

The Muhammed Ali act reduced the chances of that kind of stuff happening as it banned promoters from also being managers.

That doesn’t stop a promoter or manager taking far more than they should. Promoters can agree a deal with a fighter where they get say £30,000 a fight but the promoter may have them fight in a much bigger fight on another promoter’s show and receive say £300,000 to fight yet still only give the boxer the contracted amount of £30,000.

I get the impression Dimitri Salita is a bit like that given he had Jermaine Franklin going legal against him in fight week with AJ and also Jarrell Miller openly calling him out at the press conference for the show in Saudi about money.

We don’t have the Muhammed Ali in the U.K. unfortunately and it’s created issues with allegedly in the past when he was Ricky Burns promoter and also his co-manager as there’s clearly a big conflict of interest.

[maverick23]

Sad that boxers have to sign there life away just to get with a promoter , Even sadder managers ger 25%

They don’t have to sign their life away. There’s promotional competition so a good fighter should have choices.

The managers should be doing enough to justify their %. I do wonder how often that happens though.

are there any examples where a manager promotes and manages himself successfully?

People like Steve Wood and Steffi Bull do it but obviously their promoted shows are at a fairly low level.

The only TV promoters I’ve known do it are FWarren and Barry McGuigan. Both had big issues with it though with fighters. Perhaps it was more prevalent in the U.K. in the 90s and before.

[SeanBrennan]

They don’t have to sign their life away. There’s promotional competition so a good fighter should have choices.

The managers should be doing enough to justify their %. I do wonder how often that happens though.

are there any examples where a manager promotes and manages himself successfully?

People like Steve Wood and Steffi Bull do it but obviously their promoted shows are at a fairly low level.

The only TV promoters I’ve known do it are FWarren and Barry McGuigan. Both had big issues with it though with fighters. Perhaps it was more prevalent in the U.K. in the 90s and before.

thanks Maverick. I've a lot of time for Wood, really good person.

[SeanBrennan]

Sad that boxers have to sign there life away just to get with a promoter , Even sadder managers ger 25%

wasn't there a situation where someone was manager and promoter and getting 40%?

Not that I’m aware of but it’s possible I guess if a fighter was getting screwed.

Don King used to really take the piss with his fighters. From memory he would set his son up as their manager and then just make massive deductions from their agreed purses.

The Muhammed Ali act reduced the chances of that kind of stuff happening as it banned promoters from also being managers.

That doesn’t stop a promoter or manager taking far more than they should. Promoters can agree a deal with a fighter where they get say £30,000 a fight but the promoter may have them fight in a much bigger fight on another promoter’s show and receive say £300,000 to fight yet still only give the boxer the contracted amount of £30,000.

I get the impression Dimitri Salita is a bit like that given he had Jermaine Franklin going legal against him in fight week with AJ and also Jarrell Miller openly calling him out at the press conference for the show in Saudi about money.

We don’t have the Muhammed Ali in the U.K. unfortunately and it’s created issues with allegedly in the past when he was Ricky Burns promoter and also his co-manager as there’s clearly a big conflict of interest.

thanks mate, Salita definitely seems to attract unhappiness from his boxers. Sad as he was one himself.

[maverick23]

wasn't there a situation where someone was manager and promoter and getting 40%?

Not that I’m aware of but it’s possible I guess if a fighter was getting screwed.

Don King used to really take the piss with his fighters. From memory he would set his son up as their manager and then just make massive deductions from their agreed purses.

The Muhammed Ali act reduced the chances of that kind of stuff happening as it banned promoters from also being managers.

That doesn’t stop a promoter or manager taking far more than they should. Promoters can agree a deal with a fighter where they get say £30,000 a fight but the promoter may have them fight in a much bigger fight on another promoter’s show and receive say £300,000 to fight yet still only give the boxer the contracted amount of £30,000.

I get the impression Dimitri Salita is a bit like that given he had Jermaine Franklin going legal against him in fight week with AJ and also Jarrell Miller openly calling him out at the press conference for the show in Saudi about money.

We don’t have the Muhammed Ali in the U.K. unfortunately and it’s created issues with allegedly in the past when he was Ricky Burns promoter and also his co-manager as there’s clearly a big conflict of interest.

thanks mate, Salita definitely seems to attract unhappiness from his boxers. Sad as he was one himself.

Yeah. It’s sad what money and greed can do to people. Barry McGuigan was pushing to start up a boxers union at one point and then fast forward to Frampton and him leaving Matchroom/Sky because McGuigan wanted a bigger part of the promotional pie and deducting all sorts of stupid expenses from Frampton’s purse.

[Coco]

Not that I’m aware of but it’s possible I guess if a fighter was getting screwed.

Don King used to really take the piss with his fighters. From memory he would set his son up as their manager and then just make massive deductions from their agreed purses.

The Muhammed Ali act reduced the chances of that kind of stuff happening as it banned promoters from also being managers.

That doesn’t stop a promoter or manager taking far more than they should. Promoters can agree a deal with a fighter where they get say £30,000 a fight but the promoter may have them fight in a much bigger fight on another promoter’s show and receive say £300,000 to fight yet still only give the boxer the contracted amount of £30,000.

I get the impression Dimitri Salita is a bit like that given he had Jermaine Franklin going legal against him in fight week with AJ and also Jarrell Miller openly calling him out at the press conference for the show in Saudi about money.

We don’t have the Muhammed Ali in the U.K. unfortunately and it’s created issues with allegedly in the past when he was Ricky Burns promoter and also his co-manager as there’s clearly a big conflict of interest.

thanks mate, Salita definitely seems to attract unhappiness from his boxers. Sad as he was one himself.

Yeah. It’s sad what money and greed can do to people. Barry McGuigan was pushing to start up a boxers union at one point and then fast forward to Frampton and him leaving Matchroom/Sky because McGuigan wanted a bigger part of the promotional pie and deducting all sorts of stupid expenses from Frampton’s purse.

McGuigan was looking to make a fast buck out of the boxers union which is why nobody signed up to it.

[SeanBrennan]

thanks mate, Salita definitely seems to attract unhappiness from his boxers. Sad as he was one himself.

Yeah. It’s sad what money and greed can do to people. Barry McGuigan was pushing to start up a boxers union at one point and then fast forward to Frampton and him leaving Matchroom/Sky because McGuigan wanted a bigger part of the promotional pie and deducting all sorts of stupid expenses from Frampton’s purse.

McGuigan was looking to make a fast buck out of the boxers union which is why nobody signed up to it.

so true, The McGuigan's are awful people.