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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    Here is an example of a Goldenboy contract, google:
    "donaire-vs-mares-full-contract-details-revealed"
     
  2. Thracian

    Thracian Active Member Full Member

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    What do you think of the contract? Is it fair?
     
  3. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Good question, google this article: "Arum not sold on golden contract for Donaire-Mares"
    The Gboys contract is a good example of smoke and mirrors, what seems like a good deal cos everybody looks only @ the $3 million, they forget the other parts of that contract. That GB, says they are making a great offer and trying to put Arum on the defensive, has now kind of backfired on them. This shows you why you always have a lawyer look at a contract before you sign it. The high numbers blind you to the real deal.
    Read the contract if you have questions bout the individual clauses I will go over it with you.
    You asked if this contract is fair, yes it's fair to GB.
     
  4. Thracian

    Thracian Active Member Full Member

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    My question is, what kind of PPV numbers or viewership does Donaire pull for HBO to have earned a $1 million purse?
     
  5. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    I dont know exactly, I dont think Nonito is a monster at the box office and does alright viewer numbers . Donaire runs hot and cold, but he keeps winning and looking impressive in some of them. Nonito needs a strong "B" side with a name, like Arce to make that loot. Another question begs to be answered, is Nonito a PPV fighter? The answer right now is no, he is fighting his way towards a PPV headliner. What monster PPV fight is out there for Donaire, Mares? Rigondeaux? Vasquez? Garcia? All are good fights and all are fighters should be good paydays but they are not PPV fights.
     
  6. Thracian

    Thracian Active Member Full Member

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    In the UFC, guys who are on national television, headlining cards on FOX don't get $1 million...$200,000 maybe (each). And we are talking about guys who could draw 300-500,000 if they were fighting on PPV.
     
  7. nvs

    nvs Member Full Member

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    I want to know about retirement. Can fighter retire before the contract ends?
    Lets say you have 6 fight contract, you fight 4 of them and decide ok, this was it. Do you need a medical reason to get out of it?

    Also if its possible to retire in that fashion what happens if the boxer comes back from retirement? I assume the contract is still valid if he has 2 fights left in it.

    Otherwise people would retire all the time to get out of contracts they have signed without knowing better.
     
  8. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Most elite guys have an attorney and manager who know what they are doing
    and are not going to back down. I saw an article once where Lidell was getting 200,000 and if he won he would have gotten 500,000. Meanwhile the UFC pocketed around 3-4 million. That just isn't fair Lidell bet the house, and came out on the short end of the stick, not only losing but really just about finished him, that my friend isnt right.
     
  9. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    There is a clause in the contract that covers that, some guys think I'll retire and rest up and comeback after the contract expires, 'er no, it dont work that way, the contract is in force and when the fighter comesback the contract resumes from the point when they "retired", and any other penalties, like if you turned down a fight, well the promoter can add a month or two to extend the contract. I see this happens all the time, ill-advised guys thinking, "my contract is done now I can get a better deal somewhere else". Hold on there cowboy we have legitimate extensions, and the fighter sits on a bench while lawyers fight it out in court.
    A word to the wise, never sign a contract that is not specific on time to give you those 6 fights. If it just says the promoter promises to give you 6 fights and the only dates it has is when you signed the contract and when it expires, not counting any extensions. If its a 3 or 5yr contract then that means he has at least 5yrs to give you the 6 fights, not a good deal.
     
  10. Kautilya

    Kautilya Member Full Member

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    Jan 31, 2013
  11. dempsey1234

    dempsey1234 Boxing Addict Full Member

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  12. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Here is more drama, from TR and GB:

    "Arum recently told us, "Abner Mares has to make a decision. A Donaire-Mares fight can happen after Mares' contract runs out next year with Golden Boy."
    Arum said something about the companies not being able to work together on that fight because Golden Boy CEO Richard Schaefer is "owned by Showtime."
    The feeling here is that's just a smoke screen. Bottom line is Arum hates Golden Boy and vice versa and they'll come up with anything in defense of themselves.
    Schaefer on Tuesday was told much of what Espinoza and Mares said. Schaefer was of no help.
    "I think when Nonito Donaire's contract is up with Top Rank, which is going to be in a year or so, then I think he's going to have to think what he wants to do," Schaefer said.
    We reminded Schaefer that basically is what Arum said about Mares, which at the time irked Schaefer.
    "I guess so," Schaefer admitted. "What goes around, comes around."
    This came from the Frank Espinosa website. This is Espinosa's and Mares thoughts.
    The feeling here is that's just a smoke screen. "Bottom line is Arum hates Golden Boy and vice versa and they'll come up with anything in defense of themselves."
    Arum and Oscar is a long running soap opera, but in this case TR does have the "A", side TR doesn't need Mares, Mares and the G's need TR, and now that it's out I see the desperation that led to that offer of 3m and in the media.
     
  13. Kautilya

    Kautilya Member Full Member

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    Jan 31, 2013
    I apologize but I have no message or reply of any kind. :think
     
  14. Cableaddict

    Cableaddict Boxing Junkie Full Member

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    Dempsey.

    You seem to be on the level, and I like what you've written so far. Thanks, this is a GREAT contribution to ESB ! :good

    So, I have a sort of open-ended question for you. Maybe you have some thoughts:

    ---------------------------------

    We are all frustrated by the careers of promising young prospects, who never seem to face decent opponents. Two names that immediately come to mind are Denis Boytsov & Deontay Wilder. - Both are high risk / low reward options for any opponent to take on, and so it becomes difficult to get them the fights they need in order to progress. I think David Price is in the same situation, to some extent, and it may soon be the case for Bogdan Dinu, who is now trying to be a full-time boxer.

    Many here blame the fighters themselves, but obviously this is the "fault" of their management, the promoters, the networks, and mostly the state of the sport itself.

    If you were managing one of these fighters, how would you go about getting them better opponents? IMO, the management has to "throw money" at the problem. In other words, offer a potential opponent a huge guaranteed payday even if it means they lose money on a few fights. - but of course I am just talking out my butt, for the most part, having no knowledge of the real "backroom" workings of the sport.

    In the case of Wilder, I am stunned that GBP has not been able to make something happen in over 2 years.

    In Boytsov's case, there's the whole Universum debacle, which is a topic unto itself.
    --------------

    So, any thoughts on this?
     
  15. dempsey1234

    dempsey1234 Boxing Addict Full Member

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    Yes I have lot of thoughts on this, I have to face this myself with my guys, first thing you have to understand is boxing in the amateurs is a sport, boxing in the pro's is a business. I will answer each question in different posts.
    Boytsov has fought the better opposition and seems to be learning. Wilder on the other hand seems to be a harder puncher but after 27 fights still really hasn't faced anybody worthie, he is still winging his shots. The two would be a snack for either of the Klitschko's. Boytsov is 26, and Wilder is 27 so both are relativily young. Of the two I would say Boytsov is being brought along better. Boytsov is fighting veteran fighters and going rounds.

    "Both are high risk / low reward options for any opponent to take on" Good opponents are lining up and drooling at the prospect of taking their "0's".
    Boytsov while taking it slow is at least learning from going the rounds with beatable but useful oppts, Wilder thinks he can ko anyone, which should be his undoing when he meets somebody who won't be intimdated by his power, since he swings for the rafters he leaves himself open for counters. As far as getting the fights they need, they both have promoters who have deep pockets, which means they can pay anybody to come in to fight them. The promoter and manager have big investments in each fighter and seem to have no confidence in their ability to win against a better oppt. So they tend to go slow so they could pick their shots, which frustrates fan's but fan's have to realize both managers and promoters are protecting their investments.
    I will give you a more detailed response Sunday. One of my guys is fighting Saturday, and my focus is him right now.