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Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:01
by Enlightened-One
boxing_rocks wrote: 25 Apr 2019, 11:42 Reynosos are likely on a fixed salary, not percentages.
You’re definitely speculating. You could be wrong about this, so let’s not pretend that you can defend this claim, because it’s painfully obvious you can’t.

The real motivation for you to even bothering to submit this post was to justify Golovkin’s actions for firing Abel Sanchez for refusing to allow his trainer fee to be reduced from the industry-standard 10% to a measly 2%.

That’s something that even you can’t deny. :TU:

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:06
by jamamb
how much is ggg making with dazn

if his paydays go up from his average then lowering the percent cud just end up with sanchez getting around what he was usually getting before

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:07
by greg
..do we have an independent confirmation of 2% vs 10% or we are just relying on the allegations of Sanchez?

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:08
by boxing_rocks
Robert Garcia said that Golovkin paid Sanchez more that other trainers get paid.

He made Sanchez multi-millionaire and attracted other clients. Now he needs to take care of his family and reassesses what he paid to his managers, promoter, trainer, etc.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:08
by oogiebe
jamamb wrote: 25 Apr 2019, 13:06 how much is ggg making with dazn

if his paydays go up from his average then lowering the percent cud just end up with sanchez getting around what he was usually getting before
or more.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:09
by oogiebe
greg wrote: 25 Apr 2019, 13:07 ..do we have an independent confirmation of 2% vs 10% or we are just relying on the allegations of Sanchez?
It was reported as an 80% cut. Not sure if the actual %'s were known.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:09
by boxing_rocks
greg wrote: 25 Apr 2019, 13:07 ..do we have an independent confirmation of 2% vs 10% or we are just relying on the allegations of Sanchez?
Just allegations. I think Golovkin was trying to get Sanchez on a fixed salary, and Sanchez made his own calculations.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:12
by Enlightened-One
oogiebe wrote: 25 Apr 2019, 13:09 It was reported as an 80% cut. Not sure if the actual %'s were known.
The Abel Sanchez interview transcript has already been published to this forum.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:13
by jamamb
if sanchez really would be getting like 330k a fight then no one should be outraged for him

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:16
by oogiebe
Enlightened-One wrote: 25 Apr 2019, 13:12 The Abel Sanchez interview transcript has already been published to this forum.
yes, but that's only Abel's view of it. Using %'s rather than numbers makes it support Sanchez's case. Using numbers makes it look like little or no actual pay change.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:18
by Enlightened-One
If you’re accustomed to being paid a 10% commission, which is industry standard, but then offered a package that equates to only 2%, immediately after a fighter you’ve been loyal to and trained for eight or nine years signs a nine-figure deal, then that’s pretty bad.

If GGG doesn’t refute Abel Sánchez’s claims, will you still defend Golovkin’s decision?

Has Golovkin achieved everything in this sport without anybody’s help?

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:20
by jamamb
if sanchez is getting like 330k a fight and close to what he was getting before, i cant feel too bad for him. it would basically just be the equivalent of having him on a flat fee and remember its the dollars that go into ur bank not the percents

wud sanchez get any less to train ggg for steve rolls then he wouldve gott for the vast majority of gens fights?

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:22
by Enlightened-One
oogiebe wrote: 25 Apr 2019, 13:16 yes, but that's only Abel's view of it. Using %'s rather than numbers makes it support Sanchez's case. Using numbers makes it look like little or no actual pay change.
The industry-standard figure trainers receive is 10% of their fighters earnings per bout.

If Abel Sanchez is lying, then I’m sure GGG will say so pretty soon.

If Golovkin chooses to remain silent, then this implies admission and damage limitation.

We’ll just have to wait and see how things pan out.

Personally though, Abel’s claim is quite extreme and it’s not something that I can imagine anyone lying about, because if he is lying, then what he’s said is very slanderous,

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:26
by greg
..if Sanchez wants to sound trustworthy and not look just like a sore loser, he should provide accurate numbers and not abstact percents...

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:27
by oogiebe
Enlightened-One wrote: 25 Apr 2019, 13:22 The industry-standard figure trainers receive is 10% of their fighters earnings per bout.

If Abel Sanchez is lying, then I’m sure GGG will say so pretty soon.

If Golovkin chooses to remain silent, then this implies admission and damage limitation.

We’ll just have to wait and see how things pan out.

Personally though, Abel’s claim is quite extreme and it’s not something that I can imagine anyone lying about, because if he is lying, then what he’s said is very slanderous,
No one is saying he's lying. What I'm saying is that the dollars don't change, just the %'s, regardless of industry norms. Just slants the story by using %'s. Dropping 80% sounds huge. The dollars may actually be going up. Other posters indicate that most trainers are on flat fee rather than 10%. Are you certain about that aspect? I'm not defending GGG, as I think it was a money grab, but 330k per fight is pretty sweet for a trainer.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:31
by Enlightened-One
oogiebe wrote: 25 Apr 2019, 13:27 No one is saying he's lying. What I'm saying is that the dollars don't change, just the %'s, regardless of industry norms. Just slants the story by using %'s. Dropping 80% sounds huge. The dollars may actually be going up. Other posters indicate that most trainers are on flat fee rather than 10%. Are you certain about that aspect? I'm not defending GGG, as I think it was a money grab, but 330k per fight is pretty sweet for a trainer.
I’m certain about trainers typically receiving 10%.

I am not claiming exceptions to the general rule doesn’t exist though.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:33
by oogiebe
greg wrote: 25 Apr 2019, 13:26 ..if Sanchez wants to sound trustworthy and not look just like a sore loser, he should provide accurate numbers and not abstact percents...
:TU: Sounds like ego got hurt. I'd bet the dollars would have been more given the size of the DAZN deal.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 13:37
by Onekrazyrican
Enlightened-One wrote: 25 Apr 2019, 13:18 If you’re accustomed to being paid a 10% commission, which is industry standard, but then offered a package that equates to only 2%, immediately after a fighter you’ve been loyal to and trained for eight or nine years signs a nine-figure deal, then that’s pretty bad.

If GGG doesn’t refute Abel Sánchez’s claims, will you still defend Golovkin’s decision?

Has Golovkin achieved everything in this sport without anybody’s help?
Tuff situation indeed. Some could argue that based on his amateur background he could have made it with practically any trainer. I can see how Abel would feel it unfair to be left out of the big cash out but at this stage of the game a fighter like GGG only needs a celebrity trainer that can help him get attention. Theres a bunch of those that would probably jump at the opportunity. Garcia, Roach, Atlas to name a few.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 15:09
by SenorPipino
jamamb wrote: 25 Apr 2019, 10:35 i mean maybe, but ur just immediately taking sannys word and how bad was ggg to him if sanny was there for 8 years and many millions

many fighters actually trainer hop a lot more then ggg
Just like Dundee years ago.

He walked when Leonard suddenly wanted to give him a straight fee instead of a fairer percentage that would have earned him far more.

Golovkin gets richer thru DAZN, signing a reported $100 milion deal, but he also gets tight fisted.

Maybe Golovkin wanted Sanchez out regardless of the money. I still think he bristled when his trainer told the media that Golovkin didn't deserve the decision in the second Canelo fight.

But it's crappy way to treat a trainer who has been there for nearly 9 years and guided you to a world title and a fortune in earnings.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 15:13
by jamamb
SenorPipino wrote: 25 Apr 2019, 15:09 Just like Dundee years ago.

He walked when Leonard suddenly wanted to give him a straight fee instead of a fairer percentage that would have earned him far more.

Golovkin gets richer thru DAZN, signing a reported $100 milion deal, but he also gets tight fisted.

Maybe Golovkin wanted Sanchez out regardless of the money. I still think he bristled when his trainer told the media that Golovkin didn't deserve the decision in the second Canelo fight.

But it's crappy way to treat a trainer who has been there for nearly 9 years and guided you to a world title and a fortune in earnings.

where did sanchez say canelo deserved the win but ggg didnt btw?

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 15:24
by SenorPipino
jamamb wrote: 25 Apr 2019, 15:13 where did sanchez say canelo deserved the win but ggg didnt btw?
In the Spanish language media about a week or so after the second fight.

Sanchez said that Golovkin abandoned the battle plan which was to stay in the pocket and trade, instead of moving and relying primarily on the jab.

He said he thought the fight was a draw. But when you're own trainer calls it a draw, that pretty much means that he felt Canelo won the fight.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 15:24
by jamamb
oh, so he said it was a draw. yet you are saying that he claimed that canelo deserved it and ggg didnt?

lol

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 15:36
by SenorPipino
jamamb wrote: 25 Apr 2019, 15:24 oh, so he said it was a draw. yet you are saying that he claimed that canelo deserved it and ggg didnt?

lol
He said that Canelo fought great fight and deserved it. He never said that Golovkin deserved the fight. Not even on fight night.

He knew that his man took a whipping.

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 15:37
by jamamb
lol he had it a draw bruh, he didnt have canelo winning or ggg losing

did he ever say 'ggg didnt deserve to win but canelo did'? lol i doubt it

that said, i bet he starts talking a lot more about ggg

Re: Abel Sanchez gets the Boot

Posted: 25 Apr 2019, 16:37
by oogiebe
GGG should tab Robert Garcia as his new trainer?