I am a boxing manager: if you have questions about the boxing biz, ask!

Even a half ass Lomachenko was too much for Ramirez. I saw the fight after I heard all the BS that Ramirez was robbed. Most guys here were thinking, this Ramirez might be the real thing, but reality set in and not to be.
Ramirez needs something he didn't look good at all.
Fightfax which every commission in the states requires on any fighter. Their thinking is if they got paid then they were pro's. This is what I heard anyway.
Lomachenko wouldnt have any problems handling even a good eight rd fighter. I just hope someone does sign him and that they know how to move a special fighter like Loma.

 

If you really want something you will find a way. Hang out, meet and talk to everybody, you never know if he could be the key leading to something else.
"Don't be shy"

 

I dont really know about England, but in the states they have the Muhammad Ali law, which prevents just that, you cant be both in the states. Call your boxing commission or boxing board they can give you that info.
The cut depends on what you agreed to beforehand. Make sure you ask upfront.

 

It happens, the fighter and team usually are too trusting, and naive to the ways the business works. What usually happens is the fighter and team are so happy to get the opportunity that they become deaf, dumb and blind to whats on the contract.
It is sad, but it can prevented, fighters and team members should learn to read the contract and what it means, it's your right.

 

Remember there were alot of hands reaching into Douglas's pocket, then came the taxman.
Could a fighter manage himself, sure it's possible but is it advisable? No, it's not. Not everybody needs a manager, a fighter can do that themselves. If they do a little homework, like finding out whats the going rate for a 4, 6, 8? The fighter has to then make the neccessary moves to get the better fights and bigger paydays, and believe me it's no fun, knocking on doors, fighting for a chance, arguing about an oppt or the purse. Remember also your oppt may have someone fighting for him, and chances are they get a better deal, in some cases not all depends who it is.
Neither is easy managing or promoting, promoters risk their money a manager risk's his time and some money.
In the US you cant manage and promote, Muhammad Ali law.

 

Persoli is the promoter, right? He is a promoter who is trying to keep boxing alive in Chicago. Promoters to stay in business have to make ends meet and by making the fighter buy his own fights is now getting to be more and more common. Is it fair? No it's not, think what options are available to the fighter? Think if Persoli, went under what would happen to Chicago boxing? Now if Persoli, had sellouts and SRO's then I would get in his face about it.
Bout the capping some trainers dont want to hear stuff, they want their 10%. A fighter, and most trainers will hate this, when a fighter reaches that level, and the 10% becomes 500k, well thats a diffferent story. The trainers cut is then negotiated. Both parties have to be fair to each other. Some trainers and S&C guys now are requiring a contract, which I wouldn't advise my guys to sign.
Pay rate depends on a lot of things, so there really is no set rate but figure a minimum of 5k for an 8rdr and a minimum of 7.5k sometimes as low as 6k.

 

You have to remember this, Boxing is a business, if you are good and producing. In fact you dont have to be good, think about Chavez jr, a while ago he was a joke, Canelo was rocked by a lightweight. In boxing if you have charisma, that will overcome almost everything.
Let me ask you something that will make you see what charisma and good looks can do. Imagine if Oscar DeLa Hoya, looked like Jose Luis Castillo, and Castillo had Oscar's skill, style and power? There wouldn't be a Goldenboy, period. Boxing is alot like showbiz, the fighter has to market himself, you want to get paid then bring something to the table besides your ability.
No you couldn't live the rest of your life on what you would make on 4 HBO appearances. If you are at that level it is better to be on the "A" side, the "B" side usually gets paid less and is considered the opponent.
Dibella gets paid as a promoter, he in turn pays the fighters out of that money. HBO will pay X dollars for a particular fight to the promoter, the promoter, negotiates with fighters and try to keep as much for himself as the fighter, if he is smart will try to get as much as they can, if each just remembers that each have to eat.
No promoter is honest or dishonest, going in, it's after they deal with you that first time will tell them if you are a newbie or someone who knows his ****, then it becomes a case who is going to win the negotiating war.
Overall I would say, US pays higher for the big fights, Germany and England pay more than the going rate if they bring someone in, like from the US.

 

MMA like Boxing is a talent driven sport/business. If I was going to compete with UFC long term my goal would be to find guys people want to see. For a while it was Chuck Lidell, and like in boxing charisma counts for alot. There is a formula and it works the hard part is finding somebody like Lidell and nuturing him. I know he wasn't an ATG or the best guy out there, but he provided what all fight fans wanted to see excitement. Somewhere out there is that kid who can change things.

 

Another promoter needs to step up and compete with UFC, which then gives you options until then it's pretty much the UFC way or the highway. I dont want to say read the contract and make the best deal for yourself, but beware you might get labeled "a problem" cos you asking too many questions. It really is unfair to the fighters. Anything I can suggest more than I have already can get you into trouble.
Especially when the promoter is making money hand over fist. Start a media campaign stating how unfair the fighters are being treated by the UFC, write and submit articles start beating the drums.