View Single Post
Old 02-05-2013, 05:46 PM   #227
dempsey1234
Contender
ESB Senior Member
 
Join Date: Jun 2012
Posts: 723
vCash: 500
Default Re: I am a boxing manager: if you have questions about the boxing biz, ask!

Quote:
Originally Posted by Makingweight View Post
Some really interesting reading.

To add about fighters that have been promised large purses but after deductions walked away with very little worth looking up Tim Witherspoon v Frank Bruno.

He signed a contract for a 1$m dollar purse.....he cleared barely 60k once management fees training expenses & of course cuts for Don & Carl King.

He complained & became frozen out of the heavyweight scene because he had signed his sporting life away.Dempsey 100% correct before you sign anything take INDEPENDENT advice.

There is a saying over here if it seems to good to be true it often is.
Very true, I got a call from Carl King who wanted to work with me, he told me he would get me a deal with DKP, for a nice slice of the pie(%) I forget how much. Didn't even consider it.
I know a big name promoter/trainer, who used to invite his fighters to eat, he would pay for it, but at the end of the training camp, each fighter got a bill for the total amount of the bill rather then what they ordered. Yes sir fun and games in boxing.
dempsey1234 is offline  Top
Reply With Quote