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khan earns $1.1m for the fight last night
Posted: 16 May 2010, 20:59
by boxerbob
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 08:10
by twenty six
He'll only see about £300,000 of that, after sorting out his Manager, Trainer et al then pays his tax.
Wonder what % Freddy boy creams off ?
Still not bad though.
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 08:46
by 15829
MachoMan09 wrote:Even if he gets 300K it is a staggering amount of cash in relation to what many people earn. 30 years' graft for somebody on 10K per annum (after tax), 15 years for 20k and 10 years for somebody on 30K. Considering he was fighting an over the hill, non-puncher etc.
i wouldnt say mallinaggi was over the hill he was producing some of his best form since going to train with the sherif
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 08:49
by DavidPayne
twenty six wrote:He'll only see about £300,000 of that, after sorting out his Manager, Trainer et al then pays his tax.
Wonder what % Freddy boy creams off ?
Still not bad though.
We ALL pay tax.
We all have to pay for the fkking hospitals and schools not just Amir.
Freddy must be on 15%?
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 09:38
by Rocky Balboa
DavidPayne wrote:twenty six wrote:He'll only see about £300,000 of that, after sorting out his Manager, Trainer et al then pays his tax.
Wonder what % Freddy boy creams off ?
Still not bad though.
We ALL pay tax.
We all have to pay for the fkking hospitals and schools not just Amir.
Freddy must be on 15%?
I for one will be staggered if Roach is on 15%! Surely, its 10% or less? 10% is what trainers normally get is it not?
Mind you, maybe Khan & his team know what an asset to Khan Freddie is & therefore, they may have been willing to push the boat out & go the higher percentage?
There is no denying Roach has improved Khan a lot. However, Malignaggi is not a puncher, so I still want to see what happens when he in there with a guy who can punch!
Credit to Khan though, he did what he had to do!
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 11:26
by twenty six
Dave,
Easy tiger, the election's over !
I think you're misinterpreting what I said.
1.1 Million is a major headline figure (in dollars) but the point I was trying to get over is how quickly these figures net down.
I'm not suggesting it was a poor pay day, and I'm not advocating tax evasion.
I think Roach will be on 15%.
Anyway, take your anger out on the bankers, not a Northern grafter

Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 11:40
by Poncey
Not really tax evasion. More like an astute way of getting income.
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 12:20
by boxingchat
Khan took a bath on that fight then. Must be the only world champ to get less as a champion than as a contender.
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 13:00
by slickvik69
Rafael usually posts the amounts after promoter removes the cut so he'll end up with a decent amount probably $500k. Plus he has good endorsment with Reebok as well.
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 13:19
by gobbles
slickvik69 wrote:Rafael usually posts the amounts after promoter removes the cut so he'll end up with a decent amount probably $500k. Plus he has good endorsment with Reebok as well.
Despite rumours that ITV got the fight for nothing, I heard that they paid about £500,000
Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 14:22
by HomeOfBritishBoxing
gobbles wrote:slickvik69 wrote:Rafael usually posts the amounts after promoter removes the cut so he'll end up with a decent amount probably $500k. Plus he has good endorsment with Reebok as well.
Despite rumours that ITV got the fight for nothing, I heard that they paid about £500,000
itv didnt pay a penny mate, hence wh they didn't advertise the fight

Re: khan earns $1.1m for the fight last night
Posted: 17 May 2010, 16:40
by twenty six
Gobbles,
Definitely a freebie mate.
Re: khan earns $1.1m for the fight last night
Posted: 18 May 2010, 03:37
by chinny
why is everyone so sure ITV got the fight for free? I don't neccessarily disagree but do we know for sure?
Re: khan earns $1.1m for the fight last night
Posted: 18 May 2010, 11:29
by twenty six
Well my source is very reliable that's all I can say.
Re: khan earns $1.1m for the fight last night
Posted: 19 May 2010, 05:55
by boxingchat
Actually ITV had to pay a nominal £1 for the rights.
Re: khan earns $1.1m for the fight last night
Posted: 19 May 2010, 08:27
by mickey1975
boxingchat wrote:Actually ITV had to pay a nominal £1 for the rights.
It wasn a bad deal all round.ITV filled 3 slots and Khan got terrestrial coverage to go along with glowing newspaper reports.Others should maybe follow their example and look at the bigger picture.If Khan would have gone with,say,Primetime,hardly anyone would have seen it,for the sake of a few thousand pounds