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Home»Jake Tran»Boxing is getting out of hand…
Jake Tran

Boxing is getting out of hand…

June 4, 2021
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Floyd Mayweather is ready to make an estimated $100,000,000 from his battle with Logan Paul. Cementing his place as one of many highest paid athletes in historical past. Logan Paul however is ready to make $20,000,000, a fifth of what Mayweather will get.

At its most simple degree, you’ve gotten a boxing match, the Mayweather Paul battle, and every boxing match has a prize cash pool that each fighters get a reduce of irrespective of who wins. That prize cash can also be referred to as the Purse. For the notorious Floyd Mayweather vs Manny Pacquiao battle again in 2015, that purse was reportedly half a billion {dollars}. Within the case of the Mayweather vs Paul battle, the purse is an estimated $100m. However on this case, Mayweather will get not 60% of that purse, however 80%, or $80m. Whereas Logan Paul solely will get to stroll away with $20m. Why the uneven break up? Easy – itโ€™s as a result of the prize cash is made up how many individuals purchase the pay-per-view present, ticket gross sales, and different broadcasts.

The primary rumblings of a Mayweather/Pacquiao battle was means again in 2010. It took 5 entire years of trash speaking, going forwards and backwards, negotiating the prize cash break up, earlier than the battle truly occurred in 2015. Within the enterprise of boxing, every little thing main as much as the battle is theatre – each fighters must do their half in making the battle marketable. Which normally consists of numerous trash speaking and drama. So trash discuss your approach to an enormous purse then stroll dwelling with $100m proper?

As a soccer star within the NFL, your life is so much simpler. However as a boxer, you might be actually your individual enterprise. You receives a commission as an impartial contractor per battle, no common paychecks, you donโ€™t work for any of the boxing occasion promoters – In the event you donโ€™t battle you donโ€™t receives a commission.

Followers wish to see essentially the most harmful, thrilling fights. However Floyd realized that it was in his greatest pursuits to tackle the least riskiest fights. As an alternative of going up towards Pacquiao in his prime, Floyd waited 5 years for him to age a bit, get a bit worn down, construct up increasingly hype to extend that prize cash. After which he fought a extra tamed model of Pacquiao 5 years later and walked away with $100m.

———————–

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Copyright ยฉ 2021 Transcend Visuals, LLC. All rights reserved.

DISCLAIMER:

This video doesn’t present funding or financial recommendation and isn’t skilled recommendation (authorized, accounting, tax). The proprietor of this content material isn’t an funding advisor. Dialogue of any securities, buying and selling, or markets is incidental and solely for leisure functions. Nothing herein shall represent a advice, funding recommendation, or an opinion on suitability. The data on this video is supplied as of the date of its preliminary launch. The proprietor of this video expressly disclaims all representations or warranties of accuracy. The proprietor of this video claims all mental property rights, together with copyrights, of and associated to, this video.

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Jake Tran

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