Floyds purse is 32 mil he is writing himself a big check #moneyteam

Discussion in 'World Boxing Forum' started by PrinceN, May 4, 2012.


  1. pejevan

    pejevan inmate No. 1363917 Full Member

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    In Mexico,it is free. Dumbass,third world conutries don't pay PPV like the USA. It is broadcasted under a company that buys the fight wholesale. I doubt that TV Azteca or whatever would pay 100,000 dollars to broadcast it.

    In Australia, it won't even be shown except in some bars.

    Only in some part of Europe, it is free but the airing company pays the right to it. We are nottalking of millions of dollars here. It is a fringe sport and the time zone difference already is against it.
     
  2. bballchump11

    bballchump11 2011 Poster of the Year Full Member

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    ***** don't try me. I've taken 3 math classes in the past 2 semesters and my lowest grade was a 97 in business statistics. I know how to do ****ing math.

    The also gets money from sponsors (over 20 million dollars was reported for the Ortiz fight). And the guarantee can also come from the ppv. Pacquiao gets a guarantee of 25 million, but part of that is from ppv. 7 million of it is on the day of the fight and the number NSAC gets told.

    Not to mention people have already bought the tickets for this fight.
     
  3. carias

    carias Active Member Full Member

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    Honestly, I don't care how much money Floyd makes. All I know is that if he is bringing it 32 million before PPV, dude is doing something right. That being said, it doesn't add or take away from his skills or deficiencies, respectively.
     
  4. Nipple

    Nipple I hate my username banned

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    The only thing more amazing than that pay cheque is that he will be broke in a few years.

    But damn, that's some serious cheddar right there, though!

    That man could make up to $300 million from now til his last fight, retire, and NEVER go broke if he watches his money/doesn't make daft investments.
     
  5. PrinceN

    PrinceN Obsessed with Boxing Full Member

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    where did I say PPV in Mexico? You think it cost only $100,000 to get the rights to the fight in Mexico? what about the rest of the countries?

    And how about the money made from ticket sales and sportsmanship's?
     
  6. pejevan

    pejevan inmate No. 1363917 Full Member

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    Whatever.

    Pac's purse is structured for Tax purposes.

    he gets 40/60 Pac/MP promotions sharing.

    Basically what is written is what Pac as a boxer gets paid, while the rest is paid to his dummy company.

    If you really are a math majors, you obviously would understand why itis structured this way, othherwise, stop talking about math. They show Uncle sam part of the iceberg - personal income is tax way higher than corporate income.
     
  7. bandido

    bandido The Black Bandit Full Member

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    Not before PPV. The guaranteed amount already includes possible sales from an estimated number of PPV buys. If PPV sales exceed that number that's where the upside and additional money comes from.
     
  8. PrinceN

    PrinceN Obsessed with Boxing Full Member

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    This aint Manny we are talking about this is Floyd Money Mayweather whole different structure
     
  9. pejevan

    pejevan inmate No. 1363917 Full Member

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    Gate receipts are at around 10-15 milliondollars.That has been the history of big fights. But that is gross.Do you think MGM or whatever venue organizer would just say you can use our venue for free?

    Third world TV companies pay for the rights to air American Idol less than 1million dollars per season. What makes you think that a single event, with less viewership would pay more?

    If the promoter writes himself 100 million dollars to be paid to himself,you really have to take the numbers in scrutiny.
     
  10. Ethos

    Ethos Member Full Member

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    If what you say is true for tax purposes no wonder Pac in trouble in his home country. Boy needs to smarten up and stop being taken advantage of..
     
  11. mrjotatp4p

    mrjotatp4p THE ONE Full Member

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    Too bad Pac doesn't have copies of his bout contracts. :patsch:lol::lol:
     
  12. bandido

    bandido The Black Bandit Full Member

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    Moot point really since Floyd pays himself.
     
  13. pejevan

    pejevan inmate No. 1363917 Full Member

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    He paid considerably less tax this year. He is smart!

    Gayweather did not pay his.

    Anytime you are paying less tax, it means your accountants are doing wonder. The only question is if it is legal. That is an issue between his accountants and the tax office.
     
  14. mrjotatp4p

    mrjotatp4p THE ONE Full Member

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    Look at this *****tard. Are you going to be watching the fight this wknd? Why do you care when you hate Floyd?
     
  15. jeffjoiner

    jeffjoiner Obsessed with Boxing Full Member

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    Is that the total take for Mayweather the entity or Mayweather the person? If he has to pay promotional and corporate expenses out of that, his actual take home will be a lot less, but his tax basis will be better. If that is what shows up on his 1099, the IRS will take about 12 million of that.