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Originally posted by Bronx2245 View PostFloyd Mayweather makes to step in the ring. After breaking Pay Per View records, Floyd took home roughly $85 million from his last fight against Saul Alvarez. How is this possible? Why does Floyd make so much more bank than Pacman?
In order to make the really big money in the world of professional fight promotion, you need to follow the Floyd Mayweather's highly creative and highly lucrative business model. The reason Floyd Mayweather is able to take home as much as $80 million from a single night's work is because he owns every single aspect of his own events. Whenever Mayweather fights someone, he puts up all the money for the entire show, himself. He pays for the venue, the insurance, the vendors and even his opponent's purse, out of his own pocket. When Mayweather fought Saul Alvarez, he spent $15-20 million of his own money before a single punch was even thrown. He also put aside $40 million for himself as an appearance fee. The major risk Floyd is taking is that all these expenses occur before the fight happens. If there was a natural disaster like a hurricane, the fight would be canceled and Floyd would be out of luck.
On the other hand, when the Alvarez fight did go through as planned, more than 2.2 million households ordered it on Pay Per View for $65 which generated $150 million worth of revenue. Even after a large percentage was taken out for the distributors and costs, Floyd was still left with a $45 million bonus. And 100% of that money went directly into his bank account (after taxes). When you add Mayweather's $40 million appearance fee and his $45 million PPV bonus, you can start to understand why he makes $85 million for a single fight.
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Originally posted by BattlingNelson View PostSo far you are saying that Floyd has expenses for 20+40=60M.
Moving on:
That is income of 150M
Moving on:
Of that income, of 150M, 105M is taken out to distributors and costs. This leaves Floyd with 45M according to you.
Moving on:
So the 45M is taxed. I dont know how much that tax equalled to? Is 10M in the ballpark?
If so that leaves Floyd with 35M.
Moving on:
And this is income of 40M that Floyd initially paid. Are they to be taxed as well? Or maybe they are just transfered from his left pocket to his right?
Whatever. Summing up Floyd has, according to you, expenses as follows:
20M for Canelo
40M for himself.
105M to distributors and costs.
10M taxes.
All in all that is expenses for 175M
His income is
150M from PPV
40M from himself.
All in all (without taxing the money he smartly pays to himself) that is income of 190M.
So that gives him a result of 15M.
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Originally posted by BattlingNelson View PostI have no doubt that he is the highest paid boxer which is good for him and it is good for our sport that a boxer ranks that high. It's just that you presented it as it was because he had a 'creative' and 'lucrative' business model backed of by numbers nobody can understand.
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Originally posted by BattlingNelson View PostSo far you are saying that Floyd has expenses for 20+40=60M.
Moving on:
That is income of 150M
Moving on:
Of that income, of 150M, 105M is taken out to distributors and costs. This leaves Floyd with 45M according to you.
Moving on:
So the 45M is taxed. I dont know how much that tax equalled to? Is 10M in the ballpark?
If so that leaves Floyd with 35M.
Moving on:
And this is income of 40M that Floyd initially paid. Are they to be taxed as well? Or maybe they are just transfered from his left pocket to his right?
Whatever. Summing up Floyd has, according to you, expenses as follows:
20M for Canelo
40M for himself.
105M to distributors and costs.
10M taxes.
All in all that is expenses for 175M
His income is
150M from PPV
40M from himself.
All in all (without taxing the money he smartly pays to himself) that is income of 190M.
So that gives him a result of 15M.
Ok let me tell you how it's done you ****ing clown. Mayweather put 15 to 20 million to book the venue and Pay his opponent out of his own pocket. Plus the 40 Million appearance fee he gets that back because the show went on without no natural causes.
So he risked 15 to 20 million to make 65 million profit. The $45 million off of PPV and Showtime Pays Mayweather 33.3 Million and GBP pays him 6.7 million to equal the 40 mill guarantee after the fight. let me brake it down for you.
So that you can understand. $45 million PPV+Showtimes 33.3 Million Guarantee plus GBP 6.7 million which equals 40 Million right so 45 mill+40= 85 million - his 15 to 20 million that puts him at 65 mill for booking the venue and paying Canelo.
Which he gets back from the live gate that he gets from the MGM Grand so he's back up at 85 million. So yeah he risked 15 to 20 million to make an 85 million profit. Check mate Puto.
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