Floyd Mayweather tweets/confirms 50 Cent & Tommy Summers attempted to oust Al Haymon

No that is not what he saying. What we are trying to explain to you is that GBP and Haymon still get paid when Floyd fights but they just don't get paid from his money. "HIS" money. Example. If I had 110 million dollars and I wanted 40 million then you get your money out of the rest that we agree up on but you don't get any of my 40 million. :deal Now if Floyd was signed to GBP then they would get 15 to 25% of his 40 million plus other money from the event. Since he isn't they get a flat fee from his fights that is in the millions but that money doesn't come from his money that he gets for that fight. Do you understand that?

 

You are Clueless. Floyd pays a flat fee to Golden Boy to promote his fights. Golden Boy have never signed Floyd to a promotional contract but since Floyd's Promotional company Mayweather Promotions doesn't have a promoter licence, Floyd pays Golden Boy a Flat fee to Promote his fights.

Basically in other words, so your dumbass can understand. Floyd pays Golden Boy a Flat Fee For use of their services To handle the promotion of the event including setting up Press Conference.

Al Haymon is Floyd advisor. He pays Haymon a flat fee because you pay advisors Flat fees.

 

Very simple and yet he still doesn't understand bc of his hatred for Floyd. atsch

 

We some expert in management here, they know everything about Floyd money .

 

of course i do but floyd was reported to have his own guarantee for his last fights like every other fighters. guaranteed $22M for mosley, $25M for ortiz and $32M for cotto. then he gets an upside as well. haymon being his advisor/manager and and GBP as promoter would get a cut from this. the 40M figure, in the first place, is after the PPV upkeep that floyd gets whole, less the tax.

 

so floyd pays them all flat. how about the IRS, does floyd pays them flat as well?

how about roger and ellerbe?

 

they are experts on floyd's money. they think floyd get's his money whole without paying others up.

 

I have shown you multiple source claiming GBP and Haymon get a flat fee. Whatever secret deals they make with HBO using floyd name is between them. The fact is floyd keeps his 40 mil that's a fact then he will pay his staff. Arum has said this, Kevin Iole has said this, leonard ellerbe has said this, schaffer has said this, what more do you want.

“It took years of planning and strategizing,” says Leonard Ellerbe, CEO of Mayweather Promotions. “Floyd has the only business model in sports where he keeps 100 per cent of the money. We changed the paradigm when it comes to the way revenue is generated and distributed.”

quote from morgan campbell business reporter at the THE Star.

These days Mayweather subcontracts promotional duties for each fight to De La Hoya’s company, Golden Boy Promotions.

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, all revenues associated with the event – ticket sales, concessions, sponsorships, international rights and more – funnel through Mayweather’s company.

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GBP does not come under staff they already been paid.

 

He is just trolling. He can't be that dumb to not understand how simple it is.

 

Piggy don't know ****.

 

you are truly naive if you really believe in ellerbe that GBP and haymon only gets flat fees in promoting / arranging floyd's fights and GBP and haymon doesn't get anything else.

 

you're still alive? time for you to join your ***** buddies.

 

I wouldn't say that, these guys know their stuff. They're experts in money management when it comes to Floyd .

 

they are experts. floyd pays GBP a flat fee. pays haymon a flat fee. pays roger a flat fee. pays IRS a flat tax payment according to what floyd wants. ellerbe, yes, floyd gets his services for free, i can agree on that.

 

Floyd = Haymon
Pac = Arum

Why can't Floyd leave Haymon to get a superfight against Pac?