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

That's it, couldn't have said it better.

 

Age matters with the commissions, in Texas if you are over 35 you have to get an MRI and other tests. Jasper is from Califas he can give you better info.

 

Some guys don't want to pay and want to do it themselves and save the money. A real good case of "A pennywise dollar foolish" thinking.
A thing you have to realize is that a managers % is negotiable it's not set in stone. The legal limit is 33 1/3%, I ask for 10%, I could ask for more but 10 to me is fair. A manager has to bring something to the table just like the fighter. A manager who has a resume of having done this and that, and has the $, to help the fighter then he deserves all he can get.
A fighter brings himself so to speak, a manager should have knowledge of the business and how it works, the contacts, and the experience. A manager has to be prepared to answer any question the fighter has, and not be defense. SORRY TO SAY THE TRUTH, THERE ARE NOT MANY WHO FIT THAT BILL.
And believe or not most promoters and managers are not out to screw you. if you earn your place believe this they will look to make you happy, very happy. Hopes this help somebody make the right decision.

 

You are right for the local yokel promoter who bounce checks, and leave bills behind, but the majors, like Top Rank, GoldenBoy and the rest everything is spelled out in a contract. The terms and the money have to be signed to go into effect. When Pac fought Barrera his promoter at the time offered Pac $300,000 out of a $700,000 pie The promoter's defense Manny accepted the 300,000, and basically he is right, did the promoter take advantage of Manny? Not to the promoter's POV, to him it's business. Understand this the promoters job is to make money and he wants to keep as much for himself as possible, the fighter he wants to get paid the most money possible and that's where negotiation comes in, if the promoter makes an offer and the fighter accepts that's it. I am not saying it's right, it's business, each side wants to make the most money they can. A promoter especially the majors make a lowball offer its the managers job to say yes or no to the deal. Remember information is power, the more you know the better the negotiation will be for your side. Some promoter will bully you into a fight again you have a right to say no the thing to know is what your contract says about amount of fights per year they have to offer you, it's all in the knowing.

 

You don't have to trust, Just know how to play the game. Like former president Ronald Reagan put it, "TRUST BUT VERIFY", that's how you do business. But also as they say, "to each his own", good luck in your dealings.

 

There is a clause in every contract by law, that you are entitled to an attorney. Do your homework find out what's what and you will be ok. Paranoia helps nobody.