Technically, I doubt it was his. Going by legal definition it was probably a company account where he had disbursement rights. (and likely majority of shares as well). Its also possible that number built up over many years because he doesnt spend much out of it because most of his expenses are under aegis of corporate entities.
There is some very poor analysis on this site regarding mayweathers finances etc. The good thing about nevada, is that under state laws, boxers purses have to be in the public domain. Unlike bob, who tells you one thing and then another! Two more things, showtime, have no say in his opponent selection & FOR HEAVENS SAKE, LOOK UP MIKE TRAINER, HE WAS THE MAIN REASON FOR THIS BONANZA HAPPENING TO FLOYD NOW, This is why arum hates AL HAYMON, SCHAEFER. BECAUSE THEY UNDERSTAND FINANCE ISSUES! BOB, CALLED MIKE TRAINER, THE TOUGHEST NEGOTIATOR HE EVER MET! educate yourselves by LEONARDS BOOK! IU knew about this man long before leonards boook.
Showtime will lose their shirts on this deal and the profit of the last fight will still not pay the loss on the initial Mayweather-Guerrero fight. This is the reason that Sho has announced 3 Canelo PPV's and supposedly the initial Broner PPV events for 2014.They simply have blown so much money on boxing and still have not dented HBO's subscriber base.In fact,it has been reported that 18 of the top 19 cable ratings belonged to HBO in 2013. Showtime are beating a dead horse and I am sure their bosses at CBS are saying enough is enough.Espinoza will go down in sports as a guy who really knows how to spend other peoples money and losing a corporation(Showtime) tens of milliones in the process.atsch
Showtime, cannot brak this agreement.! TWO PARTYS ASSISTED IN MAKING THE DEAL RIGHT? Showtime have no say on floyds opponents, do you folks understand what espinoza says?
We know 250 mil for 6 fights. We know he gets a percentage of PPV sales beyond a certain point. But nobody knows what that is, so any speculation is just that and entirely pointless to the discussion of his career.
I thought he was getting 250m plus whatever each fight makes but turns out he gets a small % of each fight here on after.
You guys DKSAC (contracts). According to Forbes, whom I trust more than you forum know it alls. Forbes says he's LIKELY guaranteed $200M based on income filings. All other revenue depends on how well the PPV receipts are. They estimate that to be at least $50M. Forbes made one important note, the details are contractually confidential, which likely means we'll guarantee you this much per fight if you guarantee us this many PPVs. It's not rocket science.
someone is stuck out in left feild.. not a chance the ghost fight "lost" money ou meatball.. SHO reported OVER 1M ppvs and if they were full of BS someone hater writer would had called them out. you have NO idea how much insane money they make off floyds fights. shat even arum and hbo made plenty off paq latest flop
I think i heard Floyd doesnt get any bonus unless the PPV breaks 1M, up to that i think Showtime get all the PPV Revenue and then Floyd gets a percentage of the PPV after that, so on the Guerrero fight he would have made 32M of course for the guarentee but not much else, The Canelo fight he would have made a ton more then 41M he probably made roughly 80M or so