BoxRec

mullenman wrote:I think the atmosphere at his shows are awful

mullenman wrote:I think the atmosphere at his shows are awful

mickey1975 wrote:He's a very clever man. I've only ever known Don King have this effect on the sport. People are getting good money though, so no problem.

According to a contract leaked last year, Haymon collects 15 percent of every purse of $100,000 and up. Is it any wonder why a completely shot and adrift Alfredo Angulo was paid $100,000 to fight Delray Raines, a man with one fight in five years?
...
Still, fighters signed to PBC may not be making the killing some assume they are. If a fighter has a manager of record, then he is paying 30 percent for a managerial fee in addition to the 15 percent advisory commission to Haymon. For a million-dollar purse, a fighter is already down $450,000 before the IRS, trainers, cutmen, and seconds get their piece. In fact, Haymon makes it clear in his Advisory Agreement that fighters may be charged twice: “Such Commissions are payable in such amounts, even if Fighter is obliged to pay a commission to a manager.”

In addition, fighters have declined lucrative offers from Roc Nation (Keith Thurman) and from generous purse bids (Peter Quillin) because Haymon has final say on, well, just about everything. Now, no manager in his right mind would shirk his fiduciary obligation on a whim but Haymon would rather take shares of two purses totaling $2 million than one share of $1.4 million, as Quillin was set to receive against a middling Matty Korobov.

pyenest77 wrote:For me I was going to say as a fan I am getting to watch some good fights from them. But the above poster has reminded me of the current trend of catchweight fights happening which isnt good for boxing especially when one is boiling down to a weight that they havent fought at in years.

HellraiserBoxing wrote:Al Haymon & his PBC set up are attracting an increasing amount of attention and with that a lot of criticism from within the boxing industry. Is what he's doing good or bad for boxing?

Here's my video blog about it, I'd love to hear your thoughts on it...

http://youtu.be/9BQ27QBl-NQ

Datsue wrote:

pyenest77 wrote:For me I was going to say as a fan I am getting to watch some good fights from them. But the above poster has reminded me of the current trend of catchweight fights happening which isnt good for boxing especially when one is boiling down to a weight that they havent fought at in years.

In the main they've been used in PBC terms so guys can do deals with sanctioning orgs to keep their belts (Garcia vs Peterson; absolutely hilarious as Haymon's "official" line is that the PBC don't "do" belts & don't mention them during the broadcast) or to weaken one of his own fighters (Porter) so a more popular/controversial one (Broner) is given an edge.

OTOH, in the case of Porter, he's a fuckin' middleweight anyway, so asking him to shave off another few pounds (when he does catastrophically mental amounts of weight-draining anyway, putting something like 10% of his bodyweight back on overnight before a fight) is... I'm torn between saying "it's a bit harsh" because of the obvious safety standpoint of increasing risk of long-term damage to the lad & going "HAHAHAHAHAHAHA" 'cos, well, he's another bloke who uses the loopholes of the sport meant to act as a safety buffer in order to gain an unfair advantage.