I am a boxing manager: if you have questions about the boxing biz, ask!

They always say a hungry fighter is a dangerous one right?Lara v Canelo in the summer we know who is the draw,Canelo the A side fighter and the Cuban,Lara the B side no purse information at present.I have some past purse information on Lara.

The bookmakers here have Canelo 4/6 favourite,Lara 13/8 you take your pick competitive certainly,how Lara would wish the purse was split similar.Not a chance the Mexican fanbase loyal and pay at the gate and PPV,he drives the revenue in the fight full stop.The Cuban has no fanbase other than the boxing fans around the world that respect his talent.

Here are Lara's last four purses to underline the fact.Freddy Hernandez $40k,Vanes Martirosyan $202,500,Angulo $175k and finally Austin Trout $270k.The market talks even for decent tests.

Canelo was paid $350k v the uk's Matthew Hatton in 2011,he took home $270k after missing the numbers on the scales.Ten fights or so ago getting more than Lara has ever earned so far in any fight.He has gone on to make multi millions and will continue to do regardless of the summer's result when they meet.

Canelo taking home $270k v Hatton 2011,Lara has only suffered one defeat so far against Paul Williams in 2011 his purse that night $135,000.Guys it is business.

 

Or you could look at it the other way and say Team Di Rocco are taking the easy option?

I mean Di Rocco might not have the flu and maybe he could be struggling with the weight or he's just not firing on all cylinders in the gym and they don't want to risk losing the title? I take it Di Rocco was supposed to be having a voluntary defence or he would have been stripped of the title?
I know under EBU rules the champion will lose the title if he loses even in a non title bout, but i'm sure the guy they're bringing in for Di Rocco in the six rounder will not be any kind of threat.

This kind of thing is happening a lot atm in boxing. Not naming any names, but there's boxers in the U.K who want World title shots coming off six rounders and this could be just the same.
If Di Rocco was that ill would he be fit to fight all. It just looks like an excuse IMO.

 

Ok, but Di Rocco is still ticking over taking a "stroll in the park" which wont do his ranking or title any harm and he's still getting paid.
I mean the show still goes on, but the fans are not getting what they paid for. I suppose you can look at it both ways.

Thanks for the reply Dempsey :good

 

Rocky Marciano was managed by Al Weill for a long period of time he then got appointed to the IBC as it's matchmaker in 1949.The conflict of interest meant he released all his fighters except one indirectly.The Rock.

He had a stepson Marty who then became Marciano's 'manager'.Here the breakdown of Marciano's purse against Roland LaStarza their first fight when both were undefeated.The figures according to Marty Weill give all details except the managers cut!

Total purse $9,731,deductions $345,fee to managers guild $100,publicity $230,sparring partners $150,Al Colombo asst.trainer $350,Charley Goldman $400 & $18 expenses,gym costs $15.Left with $8,122 which would equate to decent money in this day and age.No doubt a fair bit less after his management team took their cut!

 

Hey dempsey i recently heard that every promoter has a different payment system.

Meaning that the way top rank pays may not be identical to golden boy or main events or GYM. Is there any truth to that? If you could elaborate it'd be great

 

:goodEnlightening as always bro.

Btw are fighters or managers aware of all the cashflows from an event?

For example, say fighter x fights at a ppv undercard or a nationally televised fight, does he or his manager know how much ppv revenue, gate revenue, license fee, domestic tv rights, international tv rights, sponsorship etc was made in the fight?

The reason i'm asking is that, i'm surprised how some fighters claim that their promoters steal millions of dollars from them. In my ignorant opinion, anyone with some basics in accounting should be able to decipher if they are being screwed. Unless of course those statements are private.

 

Hi dempsey,
I have a question for you. You hear all the hype about Floyds money and big vegas fights but i was wondering more about lower down the cards and the british scene. I would love to have more of an insight into the business. So take this weekends card for instance how much roughly do you think a fight between buckland and rees would make for each fighter seen as there is no stand out A and B fighter there? Then the same again for maybe Chris Jenkins lower down the bill and then Cleverley who's topping it. I know that it won't be exact figures but a ball park would be great. Then from that what sort of deductions will be taken? It must only be a small minority making big money but I'm interested in how other fighters do.

 

When it comes to the lower end of any uk card you are looking at around £200 per round for the 4,6 even 8 round fights depending who it is.4 rd journeymen (good ones) £1k that are durable and step in when needed.They can make more than the 4 rd prospect.

Jenkins around £2k give or take a few hundred!for his 8 rounder,more if he shifts a lot of tickets I would think.
Cleverly has just signed with Matchroom no idea for how many fights but it's fair to say he would of got a decent signing bonus esp as they want to match him with Bellew at CW.I would think around £10-15k for Saturday.Remember he would have a signing bonus if he has a manager doing his job.

The Rees-Buckland fight a real 'trade' fight no titles but the promoter nudged via SKY and the public want to see it again.The ballpark I would say is 30k in the pot and JoeB right certainly no A side in this one so the share 50-50 imo they would be doing well to get much more.

Guys you won't get rich in domestic boxing anywhere in the world!The feeling you get from the casuals of other sports is boxers they are on TV they must be earning good money?Not so BUT you get the platform to SHOWCASE your skills if you entertain you leave everyone wanting more and who knows bigger purses await.

Post 603 gives a ballpark UK purse breakdown for domestic titles again it depends on who wants the fights and if rival promoters BOTH have prospects the stakes raise as do payments!

Deductions managers up to 33%,trainers neg depending on who you work with as much as 10% or a fee fight by fight basis.Cutman a fee generally.

To be a fully fledged domestic fulltime pro you need a big name promoter,manager that backs you who if cannot provide that sponsors and investors.
Most domestic fighters work other jobs..you have to look at the figures see what works for your own situation.

 

Thanks makingweight I appreciate you taking the time to break it down for me. Again I knew that it was a small percentage taking the big sums but I didn't realise quite how small the purses were for domestic fighters. If you take Jenkins purse even bumping it up to £3k being generous and with his tickets that seems like nothing for putting his body through the training camp but more importantly his life on the line in the ring. After deductions it's hard to see how he could get by on that when you factor in the rest of life's costs. The clev figure was lower than I thought too, is that because it's basically a gimme fight? Something else that pricked my interest was the talk of investors, it's something I hadn't contemplated before and I'd like to know more, again using Jenkins as an example. So would his manager Paul Boyce approach business men/business's and ask them about investing or are there people scouring small halls for talent for their investors much like football scouts? Then should people invest do they pay a lump sum, or do they contribute on more a monthly basis? Finally what kind of returns so they expect as like we have discussed they will have to weight a while if it ever happens at all for their fighter to start making good money.