anyone know how much Floyd will NET...

I see. Nevertheless, I don't think Floyd is anyone's chump. I figure how much Floyd keeps is probably all up to him.

 

Seems to me like people just throw numbers out there.

The fight itself grossed probably about 105 or so million. The networks shed off roughly half of that and the rest Floyd gets to play with. Promotional, legal, and insurance fees come up to about 10mil, he cover's Cotto's guarantee and some extra if it was stipulated in the contract upon excess PPV revenues, and the rest is "his" which he spots some to Roger and Haymon, his team, etc. After all that, that would be your NET (well still gross before taxes). Reason why Floyd posts such exorbitant checks is because he also includes miscellaneous "business" revenues unrelated to actually fighting, such as sales of goods during the event.


This is the "problem" with handling the promotional side of boxing, because you can in fact, incur LOSSES. It's not always all sunshine in the industry.
Remember Duran-Leonard II? They rented out the Louisiana Superdome for that fight, and expectations were grossly overestimated. Many first-time boxing investors lost a lot of money on that fight.

 

Well I have a decent image on what he gets but it would take some math


REVENUES:

Live Gate $ 12,000,000

Delayed Broadcast undocumented

Net PPV (based on 1.5m reported buys) 60*1500000/2 =45,000,000

Closed Circuit (based on what I saw at the theaters, give and take) (150 tickets avg* $20 * 440 theaters)/2 (not sure on the cut each closed circuit operator gets, in fact I think they just give a flat fee but not sure. I'll just cut it in half) = roughly $1m

Sponsorship undocumented

Net International Sales undocumented

TOTAL REVENUES $58 million + misc revenues, (totaling 62 million or so)


EXPENSES

Main Event Purses $ 40,000,000 (Cotto and Floyd's guarantee)

Undercard Purses 3,000,000m or so

Marketing Budget 10,000,000 estimated

Other Expenses undocumented

TOTAL EXPENSES $53m + misc expenses (totaling 54 or so)


NET PROFIT roughly 8,000,000



PPV upside is based on PPV count and not the net profit and the benchmark is outlined in the contract. The total upside would be subtracted from net profit.

Additional business profits from outside the actual ppv event are added to the total profit.

Now, regarding Mayweather himself, he pockets the total profit (or loss), his guarantee, and the PPV upside as per stipulations. He then pays his team and his manager whatever he wants. So 40-45 million before taxes isn't really farfetched. (the margin of error isn't that narrow since there's a bit of info that isn't readily available). So for fighting and doing the promotion combined, (its pretty intertwined and can't really separate the two) he probably gets about 36-40m meaning 23-26m after tax

HOWEVER, on the opposite end, if the event were to not be so successful the net loss would come out of his own pocket, so writing huge guarantees doesn't mean anything if he ends up with excess expense and has to give some back.

 

*****s doesn't like to hear this. they think GBP's, haymon's, and other's services are for free.

 

It must burn you, being where you are and knowing that this man you hate and spend so much time criticizing, makes more money then your entire blood line ever will.

 

I don't care how much some jackass earns. If you think that is the basis of a man's real worth, then the shieks of the arab states are the greatest people on earth.

 

Well then maybe you would like to posts the sources or links Mr. Helper, if not you also can STFU:roll:

 

How much do you think he bets on him?

 

if he killed you then you wouldn't be able to deposit your guarantee...


on another note, after doing the numbers that 100m investor guarantee didn't sound so bad after all. In fact many of the options were viable this sucks :-(

 

there is no way on this earth floyd gives away 30% to his manager no way

I don't believe that for a second

 

Oscar is the high at $52,800,000 and he officially holds the record.

He was the promoter and fighter too!

Pac also promotes his fights plus is the fighter too!

I can comfortably say $50,000,000 in COMPARISON to Oscar's $52,800,000 which is considered the record.

When Floyd fought Shane and had a guarantee of $22,500,000 and ended up with $40,000,000 with the $17,500,000 in revenue off the $78,000,000 why did this not get brought up?? ?? Why though?

So he got $17,500,000 off of $78,000,000, how much will he get off of $94,000,000????