BoxRec

Someone that drinks in the same boozer that Kevin Mitchell drinks in told my brother that Mitchell has split with allegedly. The fella said Kevin was owed £80,000. Which allegedly was reluctant to pay; then paid Kevin only £40,000.

matchroom here he comes, got rumoured last week they wanted a big london ticket seller and his name was mentioned.

Sounds like a reliable source

5- 4 -3 - 2 - 1

Eddy wrote:Someone that drinks in the same boozer that Kevin Mitchell drinks in told my brother that Mitchell has split with allegedly. The fella said Kevin was owed £80,000. Which allegedly was reluctant to pay; then paid Kevin only £40,000.

No wonder he wants shot of him...

Lol

£80k ? not really big money is it, considering his huge win over Murray going into the bout and boxing in Burn's back yard.

I bet after taxes, fees, cuts and so forth he wont have much out of it. Let alone £40k.

Goes to show not all boxers earn the millions people think. Spinks and judah for their welterweight unification fight shared a purse of 120k. Easy to see how some, many, end up potless.

Mitchell has been padded out & it beats being on the tools!!
Boxing is a hard game & only the very best make a decent salary

I'm surprised some people are surprised that almost all boxers don't get paid hundreds of thousands if not millions every times they step into a ring. As Maloney said the other day, if you're a typical challenger, you gross $500K for fighting a Klitschko for the heavyweight championship of the world.

That said, if you are a huge ticket selling machine with a crowd pleasing style and a massive TV following, boxing is still one of the, if not the, best paying sports to be in.

BTW I disagree that 80k is not a lot of money. I think it's very good money. Mitchell is a big ticket seller and 80k purses (if true) reflect that. Not many get anywhere near that.

JLP wrote:I'm surprised some people are surprised that almost all boxers don't get paid hundreds of thousands if not millions every times they step into a ring. As Maloney said the other day, if you're a typical challenger, you gross $500K for fighting a Klitschko for the heavyweight championship of the world.

That said, if you are a huge ticket selling machine with a crowd pleasing style and a massive TV following, boxing is still one of the, if not the, best paying sports to be in.

BTW I disagree that 80k is not a lot of money. I think it's very good money. Mitchell is a big ticket seller and 80k purses (if true) reflect that. Not many get anywhere near that.

Yeah, I think many would say Mitchell has been very well paid during his time with Warren. I like watching Mitchell but to be fair he;s a former British and Commonwealth title holder who has been stopped early in his two big step ups. He's also admitted to rinsing a small fortune after the Katsidis fight on a brisk social life! I once heard he got £500,000 that night (before deductions) though others on here will know much better than me.

I remember Bunce stating that Teon Kennedy got the sum of $12,500 for taking a beating from Rigondeaux on the Pacman/Bradley undercard - and that the reported $60/70,000 odd was untrue. If true put's things in perspective a bit!

Still some good fights out there for Kevin Mitchell, so I could see how a move to Matchroom would be a good deal all round. Matchroom needs a couple of names to boost the bills next year - Kevin would be a good start.

You've got a fair few fights that could be made domestically, Gavin Rees, Anthony Crolla, Derry Matthews and possibly Gary Sykes as decent undercard fights. Not forgetting a rematch with John Murray.

I don't think any of us expect Kevin to be a world champion but you never know what fights might pop up and title chances, Eddie isn't exactly scared of taking a chance on his fighters, take that as it may be.

G0mez wrote:£80k ? not really big money is it, considering his huge win over Murray going into the bout and boxing in Burn's back yard.

I bet after taxes, fees, cuts and so forth he wont have much out of it. Let alone £40k.

Its decent money, as a challenger, and someone who had previously been exposed at top level.

Takes me 4 years to earn that , so not a bad wage for 1 fight at all .

G0mez wrote:£80k ? not really big money is it, considering his huge win over Murray going into the bout and boxing in Burn's back yard.

I bet after taxes, fees, cuts and so forth he wont have much out of it. Let alone £40k.

As I always say, he'll have more than most who do a proper job.

80k good money I would say for this fight.

mickey1975 wrote:

G0mez wrote: Its decent money, as a challenger, and someone who had previously been exposed at top level.

Froch got that for defending his British title against Robin Reid about 5yrs ago.It's small beer for a world title fight. Mitchell's an established name coming off a huge win over John Murray, which was a much bigger fight.

Let alone just £40k which he has rumoured to have actually got.

And those comparing the purse to what they earn in their day jobs are not understanding it properly. Imagine doing your job and receiving less than half the going rate? That's the true comparison.

40k sterling is def reasonable for the fight. Typical WBO/WBU challengers being brought over her to fight on decent size FW bills would get a standard $50k US Dollar

The thing is, boxing at a high level means training twice a day and running in the mornings. That doesn't sit easy with having a day job of 40-50 hours a week, maybe shifts. If you are a good boxer and going up the rankings and get a massive bout for £40,000 - the man prob hasn't earned anything for 6-9 months, paid out bills, food, gym dues etc etc and if he comes unstuck (as Kevin did) the next bout will be maybe £7,500-10,000, again with no work, no weekly income in between. Boxing seems a very difficult way to make a living; it looks a little easier to make a few quid as an opponent or journeyman and work as well but there's none of it easy - that's why very good amateurs choose to stay amateur and get the regular money. If an ex amateur star like Mitchell with the best trainers, managers and most powerful promotional outfit found it difficult it shows what a task it is and what an achievement it is for other people to get somewhere.

G0mez wrote:

mickey1975 wrote:

G0mez wrote: Its decent money, as a challenger, and someone who had previously been exposed at top level.

Froch got that for defending his British title against Robin Reid about 5yrs ago.It's small beer for a world title fight. Mitchell's an established name coming off a huge win over John Murray, which was a much bigger fight.

Let alone just £40k which he has rumoured to have actually got.

And those comparing the purse to what they earn in their day jobs are not understanding it properly. Imagine doing your job and receiving less than half the going rate? That's the true comparison.

And DeGale got a hell of a lot more than that for defending against Groves. There will be examples of a lot more and a lot less but i think you will find, on average, £80k gross is not bad. Of course, it might as well be £80 if you dont end up getting it...

Wales wrote:Goes to show not all boxers earn the millions people think. Spinks and judah for their welterweight unification fight shared a purse of 120k. Easy to see how some, many, end up potless.

Why?

2 fights earning that a year is more than enough, even after deducting tax, fees, expenses etc.. And what with all the spare time you have, you could easily do a qualification or something if sensible for after boxing.

Live within your means. Many support a family on a third/quarter of that figure a year.

Hang on a second we need to analyse what this pub rumour was.
The pay for the fight was 80k ?
He wanted out, so took 40k to sever links ?
Also isn't it true that Bunny looked after him during his dark days and advanced him money - which if you're walking away you need to pay back ?
Jesus never thought I would be saying stuff in favour of the Worthy One, but best to take a balanced view.
Looks like a good deal to me.

mitchell was ringside at the last froch show....which was a matchroom night

mickey1975 wrote: And DeGale got a hell of a lot more than that for defending against Groves. There will be examples of a lot more and a lot less but i think you will find, on average, £80k gross is not bad. Of course, it might as well be £80 if you dont end up getting it...

All good points, especially the last.

Haye got paid something in the region of £125k for his first pro fight. That seems a lot for someone, who didn't have massive exposure prior to turning over. His World Bronze was televised by the beeb other than that and a few england am shows on Sky.