Just finished Johnny Lewis' book. Anybody had a read?

I think 10% for a top ten P4P champion is a bit rich anyway, i guess Zoo thought the same.

Does anybody believe a trainer deserves 10% before tax a purse $5million, meaning $500k to the trainer?

Towards the end of his career Lewis was just an advisor, Zoo wld have conditioning trainers and dieticians that would do the majority of work, Lewis probably did the last 6-8wks in prep.

 

Understand that Ced, but you know where I'm coming from in terms of business acumen and plain rat cunning don't you.

 

I think that is this case 10% is a bit much, it is not like Kostya walked into his gym as a boy and Jonny turned him into a champ, he was one of the best AM around and just needed Jon's name and to keep him sharp.

 

Good question Beaver.

As the purse increases so to does the trainers reward, vice versa.

I guess the question asked is 10% 0f a purse of $5K just as acceptable, $500.....this sounds fair.
It looks askewed when the purse is such a high figure.
Real esatate agents take thier fair cop in % whether a property sells for $500K or 5Mill.....what is acceptable is up to the parties negociating the deal.....then they should stick to it as an agreement.

 

ye ye.....everyone wanted a piece of the pie..!kosta made a lot of people rich and he knew the vultures were circuling.kosta trying to keep everyone happy and who knows the murky **** going on.do you here kosta broadcasting that he got ripped?
what i found odd is johhny wrote in his book how much kosta taxed him but didnt say how much he made from kosta.

 

Actually the higher the price you will find the seller has greater bargaining tools in reducing the % paid to the agent. I have seen this happen often in real estate.

Zoo is selling himself as a high price commodity therefore deals over a certain price shld be negotiated. Lewis should only be entitled to the % of the purse bid etc, any extra's are outside the terms and conditions of a trainers contract one wld think.

If Zoo and his promoter negotiate TV deals in Russia or clothing apparel do people think Lewis is entitled to that? No of course he's not.

 

Comes down to the contract or agreement in place when it's all said and done.

Seems from the book that what Johnny thought, and what Johnny got, were two different things.

There's usually two sides to these types of stories. Whoever's to blame, it would be interesting to hear Kostya's version of events.

 

In USA the trainers cut is usually 30%

I guess Kostya could have had Max training him and not paid anything but then he would have had the same result vs Vince Philliphs over and over again. This will be a bit confusing for those who havent read the book!

 

Yes mate Johnny and khoder are miles apart in that regard no doubt

 

I guess for every 10% of 5Mil there are a hundred of occasions when trainers are getting 10% of $200 a round and still working with the boxers a fair bit or not taking anything at all as who would take $80 of a young fighter who just got $800 for a 4 rounder./ What was needed was for the contract to say 10% up to the first Mil and then 5% after that

 

if its too much then it shouldnt have been the contract... if it was the contract then they need to live by the contract....

as far as being too much... if someone works with a guy from early on and starts out investing time and effort and gets 10% we will use some different scenarios...
just say its an unknown ammateur fighting for $500 per round... the trainer puts 10 weeks of one on one work and walks away with a couple of hundred.... maybe
lets say its a BIGTIME amateur and the first pro fights are 50K... still only 5K...
if the relationship is there from the start and the trainer is devoting time effort and loyalty to the prodigy then later on it should be returned....

sure on 5mill 10% is a lot... but so is a 5million dollar payday.

While the money looks more impressive with the big numbers... the payday could easily be 4.5million and its still a good pay day...

on the other hand.... some boxing trainer with **** all money donating his time to a kid on the chance that he might get somewhere is quite impressive considering he could make more money in the short term and be more able to feed his kids if he didnt do that and just worked a normal job....

 

Agree with you Kruger that if the fighter makes the big-time the trainer should be able to come along for the ride - provided the contract % has already been agreed on.

(amateur's don't get paid)

 

These percentages are often discussed & disputed, mainly because the main person forgets how much he is getting & concentrates on the figure of his "employee".

No matter what your opinion of Johnny is, there is no disputing he got his boys in the ring, with the right opponents & got them over the line in championship fights. That is no mean feat.
Whether he's a good teacher, conditioner, or trainer may well be argued, but his guidance & control should not be.

Kostya was vulnerable. Lewis is fastidious & persistent. He knew his fighter back to front.
He would know what food KT digested well & what didn't.

99 percenters don't become legends. Lewis gave 100%. He handled the media, kept his boy focused, & protected.
He knew Kostya's limitations. I think that came out when he fought Judah.
"Mate, you gotta watch that right hand" as though he had been drumming this into him in preparation.

It's that 1% that makes legends, & I believe Lewis plugged that hole & earned what ever 10% was.

JMO

 

Definitely gotta get this book after hearing all the KT hate in this thread.

 

Don't know if I'll bother reading it.

In my eyes KT is a total **** already just from what I have read thanks to Ty.