whats the going rate for both manager and trainer to take out of boxers purse???

Manager usually 20%. Trainer 10%. However, if manager is also the promoter, you can ditch 20%

 

Standard in the States is 33% and can't be more than that according to most commissions. Trainer 10%.

 

Thai agents come casual trainers/managers take reasonable 75%

 

I know plenty of managers who don't 'cut' their fighters whilst their building up in the smaller fights.

I know for a fact I didn't cut a former fighter on 5 of the 7 fights we had together.

And when you say you laugh at some managers "doing it for love", ask them that after they've paid for a fighter on a show, lock, stock and barrel and see what reaction you get.

Certain "promoters" in this country, well actually their not ****ing promoters, I just use that term loosely, they just parade around calling themselves that and won't give a fighter a start unless he's either part paid for, or paid for in full.

So managaers sometimes, to keep moving their fighter along and getting them ticking over end up paying out of their own pocket, yeh I'd call that "love'.

 

jesus, so when Pac gets $25 million... after taxes, promoters, trainers etc he probably gets less than 10?

 

Yeah gotta feel for him hey... poor *******, my heart bleeds

 

Arums cash cow

 

It works both ways. Of course their are unscrupulous managers out there, but often times it works in reverse. A lot of managers invest in a fighter at their own personal expense if they cant attract good sponsorship. If the fighter ends up making big purses down the track, its only fair the manager gets a slice of it too. I mean, thats the deal in any investment. Fighters sometimes forget that.

Billy treacy was quoted in one piece how his arrangement with geale is that he developed him basically free of charge but will take a cut when daniels purses are quite healthy. Thats more than fair on daniels part and i think thats a very equitable arrangement.

That doesnt mean every arrangement is on that basis. Any fighter with half a brain will know if his manager is working in his best interests and helping his career go forward.

 

Classic Whipsy.
Now we know why he couldn't afford to buy his brother a fridge:hey

 

Yeah those damned managers and trainers are to blame mate.... its a travesty

 

smart ass

he does all the work and Arum probably pockets just as much... now thats ****ed. Cunning old Jew :-(

 

Yeah know what you mean mate, its a joke, people like King and Arum gettingrich, I dont have a prob with Oscar making money from promoting, he did the hard yards in the ring

 

Great post i was basically going to post the same thing with the Geale example of how some promoters work.
As Contendo said a lot of times the promoters are getting burned cash wise while there trying to build a fighter up and if the fighter doesn't make it the promoter/investor ends up doing their cash.
So a lot of times not only are they doing it for "love" and not getting paid its also costing them money out of their own pocket to do it.