getting paid?

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thenalo
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getting paid?

Post by thenalo »

so, what exactly are the rules for amateur boxing and getting money? i understand you can not get paid for matches like a pro, but is there anything wrong with getting paid by sponsors or even for sparring with pros?
boxmel
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Post by boxmel »

Our elite boxers have trust funds set up for them by USA Boxing and any monies they receive go to the trust fund. I'm pretty sure you can receive monies from sponsors as long as it doesn't go directly to the boxer, but pays for a trip to a tournament, trunks and tank tops, etc. Getting paid for sparring with pros is a total NO-NO! Once you actually get paid for sparring/competing, you are considered a pro.

Nalo - do you have a rule book??????
thenalo
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Post by thenalo »

No, this last year when I was certified nobody had any copies. Sorry to keep bugging everyone else trying to get rules :(
boxmel
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Post by boxmel »

No problem. Too bad no one told you it was online up until a month ago. Email me your mailing address and I'll make copies and send to you. It's going to change soon, but at least you'll have the basics.
Dennis
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Post by Dennis »

Mel - I had previously downloaded it and saved it on my computer. I could send it to your website for hosting. It is 51.2 MB so it is a good-sized file.
boxmel
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Post by boxmel »

Dennis, you are wonderful! Email it to me at [email protected] and I'll see what I can do to post it. Smooch!!!!

How come no comments on the Worlds???? Not like you. :box:
Roberts J
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Post by Roberts J »

So the money Elite Athletes get paid, can't be used for personal expenses , like ex. phone bills or car payments. It can only be taken out of the fund for boxing related expenses ? And I think if a pro offers a amatuer to help him get ready for a fight that is fine. Not like the amatuer going to turn pro. In my opinion it's a stupid rule, probally isn't even enforced.
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Post by boxmel »

So the money Elite Athletes get paid, can't be used for personal expenses , like ex. phone bills or car payments. It can only be taken out of the fund for boxing related expenses ?
That's right.
And I think if a pro offers a amatuer to help him get ready for a fight that is fine.
This does happen and the pro organization works it through USA Boxing, i.e., the trust fund.
Not like the amatuer going to turn pro.
But that's why the pros give the amateurs the money - so they will turn pro, with whoever is sponsoring them. According to our rules, no boxer can receive pay for competing unless it is in agreement with USAB.
In my opinion it's a stupid rule, probally isn't even enforced.
It's not stupid because if you receive money specifically for competing in events, i.e., local shows, tournaments, etc., you would be considered pro. It is enforced to a large degree. Most of the pro managers work with USA Boxing in this area.
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Post by Dennis »

boxmel wrote:
So the money Elite Athletes get paid, can't be used for personal expenses , like ex. phone bills or car payments. It can only be taken out of the fund for boxing related expenses ?
That's right.
And I think if a pro offers a amatuer to help him get ready for a fight that is fine.
This does happen and the pro organization works it through USA Boxing, i.e., the trust fund.
Not like the amatuer going to turn pro.
But that's why the pros give the amateurs the money - so they will turn pro, with whoever is sponsoring them. According to our rules, no boxer can receive pay for competing unless it is in agreement with USAB.
In my opinion it's a stupid rule, probally isn't even enforced.
It's not stupid because if you receive money specifically for competing in events, i.e., local shows, tournaments, etc., you would be considered pro. It is enforced to a large degree. Most of the pro managers work with USA Boxing in this area.
This will all change now that AIBA or IBA now, is getting into pro boxing. Pretty soon amateurs will be able to get paid as sparring partners and get sponsorship money. Just wait and see.
Mel - I think you're wrong about the elite boxers money. It is a training stipend that the boxers can use to pay for everyday living expenses. It is designed to assist boxers so they can train and not have to work as much.
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Post by Dennis »

boxmel wrote:Dennis, you are wonderful! Email it to me at [email protected] and I'll see what I can do to post it. Smooch!!!!

How come no comments on the Worlds???? Not like you. :box:
I'm in the process of sending it to you Mel. By the way, I did make some comments about the Worlds.
boxmel
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Post by boxmel »

Yep - saw your posts. Glad to have you back!

Regarding the Athlete's Boxing-Fund - it doesn't spell out what the money can and cannot be used for. It does say that all requests for funds must be submitted in writing and specifying the usage of any withdrawal.
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Post by Dennis »

Mel - I think Roberts was talking about the monthly stipend that the elite boxers receive. That money can be used for living expenses.
boxmel
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Post by boxmel »

Hmmm - I thought he was complaining that our boxers can't get any money and he didn't think that was fair????? Yes, the monthly stipend can go for anything (that money comes from the USOC). I guess I was addressing any monies outside of the USOC stipend.
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Post by Dennis »

Yea, and how much sense does that make. The USOC can give a monthly stipend for the boxers to use to live on, but they can't get sponsorship money for the same purposes. As I said before, the times are a changing.
boxmel
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Post by boxmel »

They CAN get sponsorship monies - the big stuff has to be put in the trust fund with USAB. I know of several boxers/clubs who get sponsorship monies for travel, lodging, uniforms, etc., and that's okay.
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