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

Discussion in 'Boxing Training' started by dempsey1234, Dec 31, 2012.


  1. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Stiverne, might be a champ but he's a "B" side champ. When he fought Arreola, who he had already stopped he really wasn't the "A", side it was Arreola.
    You are correct Stiverne, while a good fighter has no marketability, which translates into no money and no interest by the major's. Stiverne has to find an "A" side to fight to make any real money. Look at Rigondeaux, great fighter but he has no marketability, he also needs an "A" side otherwise he don't fight.
    To answer your last question, promoters cant really help a guy who has no marketability.
    Promoters look at A&M, Ability, & Marketability, ability you can teach marketability you either have it or you don't, like power.
     
  2. Scorpion

    Scorpion Boxing Addict Full Member

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    Hey dempsey, do you think there is any conflict of interest going on in Pacquiao's camp with Konz? (if you don't feel comfortable answering publicly you can send a PM :) )

    Also, any advice for fighters and tax write-offs? I hear fighters start their own promotion brands so they can write off most training/ travelling expense and pay their own salaries as expenses as well. Any other tricks?
     
  3. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Koncz is Pac's advisor so there is no conflict of interest. Some fighters, trainers and managers incorporate themselves, so they can write off almost anything pertaining to their business, which is themselves. Better yet get a good accountant who will make sure you get all or most business(boxing) related expenses. I have never had a fighter who Inc. himself, about the only person I knew who did was a trainer. I am not sure if it is better or not, I believe it's a way to protect your assets from legal issues. I could be wrong. My guys have a lawyer and an accountant to handle that.
     
  4. Makingweight

    Makingweight Well-Known Member Full Member

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    Congratulations to Chris Algieri on becoming WBO 140lb champ Saturday night in NYC.

    However you scored the fight he showed tremendous heart to get off the canvas twice in the first round to pull off a massive upset win.It may of been in his hometown NYC but the small ring was a massive advantage for Provodnikov.

    Provodnikov got $750k,Algieri 100k.The financial reward will be much greater for Algieri next time out.....off the back of no amateur boxing experience he showed tremendous ring nous Saturday.He and his team did a great job.
     
  5. elchivito

    elchivito master betty Full Member

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    I hear ya brotha. Thanks for the answer. One quick question, how many fights per year would you be willing to put a fighter in, supposing he's in a winning streak and hasn't suffered any serious cuts, injuries in the year? What's the highest number of fights you've ever given a fighter in a 12 month frame?
     
  6. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Fights per year really depends on where a guy is in his career and if he is a guy who puts fans in the seats and who your promoter is.

    For 4 and 6 rd fights between 6-7 fights per year is good could be 1 or 2 more.
    8rds 4-5 is good
    10rds 4-5 is good
    All this depends on the deal you make and if your promoter likes to keep guys active and can afford to promote.
     
  7. Scorpion

    Scorpion Boxing Addict Full Member

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    Do you find that heavier fighters really do tend to make more money on average or is that just a myth.

    Also say you got a young fighter with a highly touted amateur background (lets say olympic gold medalist), who`s talented, good looking and with a sizable ethnic following and exposure (kinda like Oscar) and your about to sign the contract but the promoter insists on a longterm contract, would you take it? The reason i'm asking is say it's obviously clear that they want to sign a longterm contract cus they know in all likehood you'll be a star and they want you locked in for the least amount possible.

    How would you approach that situation?
     
  8. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    I always go for purses that are not too high or too low. The fighter then has the incentive to do what he has to increase his pay. It's like any job you may have if you want a raise in pay then you have to perform. I can't fight for a fighter if he is just winning and not looking good.


     
  9. Scorpion

    Scorpion Boxing Addict Full Member

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    ^^^ awesome answers.

    Do promoters or managers have problems when fighters have stuff like asthma, diabetes, tendonitis etc.?

    Like is it gonna affect contracts, purses etc?
     
  10. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    There is a clause in every contract that deals with that, the usual remedy is that it allows for an extension of the contract. Let's say you injured your foot running and you are out 6months, then 6months extension will be added to your contract.
    It doesn't affect purses promoter can terminate contract or get an extension if a fighter is sick, injured or in jail.
     
  11. Scorpion

    Scorpion Boxing Addict Full Member

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    Once again thank you for the answers.

    One quick question, how does Al Haymon provide so much money for his fighters? It just seems crazy.

    Also is there any real difference between a manager and an adviser?
     
  12. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Haymon, has leverage with HBO/SHO, cos of the musical acts he controls and now with the boxers he controls that why he gets his way on the pay. Haymon is signing everybody there will
    An advisor advises the fighter on career moves, who he should fight, what he should be making. A manager is a hands on guy he handles the day to day stuff, making sure the fighter is training, has sparring, make sure he is current in any medicals and licensing he might need. things like that. To put it simply a manager manages the ship the advisor plots the course of a fighters career.
    An advisor to me brings contacts and expertise a manager might not have.
    In my case I would bring in somebody like Haymon to grease the wheels.
    Really in Haymon's case there is no difference between manager and advisor, only difference is that a manager can get 33 1/3 % and Haymon asks for less 10-15%.
     
  13. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Guys here is an article on Al Haymon, google:
    'What is Al Haymon Planning? by Tom Hauser
     
  14. 3TT

    3TT New Member Full Member

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    As a certified/licensed financial advisor who works with professional athletes/entertainers in other sports; what would you advise on breaking into the boxing clientele (Manager, promoter, trainer etc)?
     
  15. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    The first step should be to narrow the list down manager, promoter, trainer. Manager/advisor would probably fit best for you, promoting takes money, trainer fergitboutit.
    Get acquainted with your local area fighters and the boxing scene, talk to fighters, trainers, managers and local promoters see for yourself which is best for you and your talents.
    Learn the biz as a biz which it is.