How Much did Golden Boy Make from Mayweather Cotto Fight

Discussion in 'World Boxing Forum' started by JohnAnthony, May 16, 2012.


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  1. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    Mayweather promotes himself. So does Cotto.

    So how come Golden Boy promoted the event? How does it work. DO Golden Boy cover all the promotional costs. Do they earn a percentage of sales. Or are they on a flat fee.

    Whats the Deal here.

    How much did Golden Boy earn from that one event.

    Were Cotto and Floyd technically promoted by GBP for tht one event, even though there free agents.

    :huh
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #1
  2. BigReg

    BigReg Broad Street Bully Full Member

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    $8,764,238.87
     
    BigReg, May 16, 2012
    BigReg, May 16, 2012
    #2
  3. Bajingo

    Bajingo Boxing Junkie banned

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    Cotto is a free agent but "Mayweather Promotions" is just GBP in disguise, all those guys (Vargas, Latimore, Caballero, Gamboa soon) are GBP fighters.

    They probably made a tiny % but a huge sum of money compared to what they normally get for a fight.
     
    Bajingo, May 16, 2012
    Bajingo, May 16, 2012
    #3
  4. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    :bart
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #4
  5. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    I wondered this.

    And how it worked. They obviously dont want Mayweather promotions to be come too big or they'll become a competitor.

    So mayweather is promoted by Golden Boy then? :huh
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #5
  6. philgood

    philgood Member Full Member

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    Mayweather pays GB to promote his fights
     
    philgood, May 16, 2012
    philgood, May 16, 2012
    #6
  7. Jr Middleweight

    Jr Middleweight Well-Known Member Full Member

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    Canelo promotions was also in the his-ouse.
     
    Jr Middleweight, May 16, 2012
    Jr Middleweight, May 16, 2012
    #7
  8. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    but how much. And who pays all the promotional figures?

    So does that mean when floyd get paid £40 million we need to take into account he needs to pay out a chunk of that to Golden Boy?
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #8
  9. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    The future of Baaxing

    I like the origionality of all these promotion company names.
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #9
  10. big_AL

    big_AL P4P #1 Full Member

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    nope thats his

    basically he doesn't necessarily work for golden boy. they are more partners when it comes to promoting fights and he lets them offer possible opponents. thats it
     
    big_AL, May 16, 2012
    big_AL, May 16, 2012
    #10
  11. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    Does Golden Boy Pay Floyd, or does Floyd pay Golden Boy?
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #11
  12. TMalik

    TMalik Member Full Member

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    From ESNews:

    “Ring Kings: Mayweather vs. Cotto,” a 12-round fight for Cotto’s WBA Super
    Welterweight World Championship is promoted by Mayweather Promotions, Golden Boy Promotions and Miguel Cotto Promotions. Also featured will be Canelo Alvarez vs. Sugar Shane Mosley, a 12-round fight for Alvarez’s WBC Super Welterweight World Championship which is presented in association with Canelo Promotions and Sugar Shane Mosley Promotions.

    Canelo and Shane "promoted" their fight, Mayweather, Golden Boy, and Cotto promoted theirs.

    http://www.esnewsreporting.com/is-canelo-alvarez-the-next-mayweather/
     
    TMalik, May 16, 2012
    TMalik, May 16, 2012
    #12
  13. JohnAnthony

    JohnAnthony Boxing Junkie banned

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    riiiiiiite

    5 promotor promoting this event.

    :patsch
     
    JohnAnthony, May 16, 2012
    JohnAnthony, May 16, 2012
    #13
  14. oibighead

    oibighead G.O.A.T. Full Member

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    It's not uncommon for more than one promotional company to promote a fight

    Mayweather promomotions will represent mayweather , cotto promotions reprereset cotto, Gbp represent their fighters

    They will sit down at a table and work out who gets what percentage of what money ect..

    It's good for Gbp to have their fighters on a mayweather card as it is good exposure
     
    oibighead, May 16, 2012
    oibighead, May 16, 2012
    #14
  15. big_AL

    big_AL P4P #1 Full Member

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    they pay him but he allows them to get a cut from the overall ppv but not from his

    so if the ppv makes 70 mil, and he gets say 30 of that, hbo get say 20 and then golden boy will get 15 and the opponent would probably get 5
     
    big_AL, May 17, 2012
    big_AL, May 17, 2012
    #15
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