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Boxer's take home pay after deductions from his purse?
http://forum.philboxing.com/viewtopic.php?f=5&t=231354
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Author:  BoksingeroKo [ Thu Jan 10, 2013 2:30 pm ]
Post subject:  Boxer's take home pay after deductions from his purse?

I just wonder how much will a boxer's take home pay after all the cuts taken form his contracted purse (i.e. promoter's share, manager, trainer, conditioning coach, nutritionist, tax, etc.)?

Say for example the guaranteed purse is $1,000,000; how much will be left from this amount after all the vultures take their shares?

Any idea guys?

Author:  rickb888 [ Thu Jan 10, 2013 3:20 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

diba 30% to 35% tax , then 10% trainer , sa promoter i dont know , when he comes home income tax is also 30% here in the Phils but i dont if 30% after US tax or before US tax

Author:  Fly Joe [ Thu Jan 10, 2013 3:24 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

Bro, in general iba iba.. Dipende sa promotion lalo dito sa pinay minsan may 1k per round. or minsan dipende sa kalaban. sa totoo yung iba hindi na kakaltasan. kahit sabihin mong Pro na sila karamihan wala talagang nag momonitor ng Income nila... not unless big event yan.. gaya ni Manny naka monitor BIR natin kase malake yung kinikita nya pero sa ibang hindi kilala wa pakels sila....

Author:  BoksingeroKo [ Thu Jan 10, 2013 3:37 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

Guaranteed Purse = $1,000,000

Less the following:
Promoter = ___ %
Manager = ___ %
Trainer = ___ %
Strength and Conditioning Coach = ___ %
Nutritionist = ___ %
Cutman = ___ %

Tax = ___%

I don't know how much will be the amount left for the boxer himself. However, I'm sure it will not be that big anymore. :(

Author:  jhon515 [ Thu Jan 10, 2013 3:40 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

Years ago, according to one of Pacquiao's interview, his take home is around 50%.

A few fights ago, his take home pay has shrinked to only 40%.

An additional 10% tithe was started to be deducted

Author:  JudgeHenryVerniz [ Thu Jan 10, 2013 4:00 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

Merong mga manager na mabait at nagpapatalo muna sa umpisa, as in kung hindi pa nagkakainternational title, sa boxer na lang muna ang premyo. Babawi na lang ang manager kung medyo lumalaki na ang income nung boxer. Ganyan ang ginawa ng Polding Correa kay Pacquiao.

Yung iba, lalo sa stay-in, mas malaki ng konti ang kaltas kasi free lodging na.

Pero sa mga local promoter na maayos, kadalasan talaga patalo muna.

Ang ALA by default me binabawas sila na pupunta sa fund ng boxer na nakaready sa pagretiro nila. Parang tinutulungan sila magipon kumbaga.

Author:  dwight [ Thu Jan 10, 2013 4:04 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

BoksingeroKo wrote:
Guaranteed Purse = $1,000,000

Less the following:
Promoter = _10__ %
Manager = _10__ %
Trainer = _10__ %
Strength and Conditioning Coach = _5__ %
Nutritionist = _2__ %
Cutman = __5_ %

Tax = _30__%

I don't know how much will be the amount left for the boxer himself. However, I'm sure it will not be that big anymore. :(


Just a guess... :lol: :lol:

Kawawang boxer especially if the purse is just minimal... :(

Author:  LAUGHINGMAN [ Thu Jan 10, 2013 4:09 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

it depends on the rates of the coaches and other staff.

im pretty sure all the others except for the promoter gets a specific amount that's not based on percentages.

i'm not sure about the promoter though.

Author:  marinduque [ Thu Jan 10, 2013 4:14 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

BoksingeroKo wrote:
Guaranteed Purse = $1,000,000

Less the following:
Promoter = ___ %
Manager = ___ %
Trainer = ___ %
Strength and Conditioning Coach = ___ %
Nutritionist = ___ %
Cutman = ___ %

Tax = ___%

I don't know how much will be the amount left for the boxer himself. However, I'm sure it will not be that big anymore. :(

Tax in fight location + Tax in home country?! :banghead:

Author:  salagubang [ Thu Jan 10, 2013 4:14 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

BoksingeroKo wrote:
Guaranteed Purse = $1,000,000

Less the following:
Promoter = ___ %
Manager = ___ %
Trainer = ___ %
Strength and Conditioning Coach = ___ %
Nutritionist = ___ %
Cutman = ___ %

Tax = ___%

I don't know how much will be the amount left for the boxer himself. However, I'm sure it will not be that big anymore. :(

add up leeches and pestors!

Author:  bugoyparin [ Thu Jan 10, 2013 4:26 pm ]
Post subject:  Re: BOXER'S TAKE HOME PAY AFTER ALL DEDUCTIONS FROM HIS PURSE

i believe there is already a muhammad ali law that determine what is the takehome percentage of the boxer... i hope...

Author:  Sepertina [ Thu Jan 10, 2013 9:42 pm ]
Post subject:  Re: Boxer's take home pay after deductions from his purse?

100%

-30% Tax
-10% Coach
-10% Church
-10% Promoter
-5% Chavit
-5% Nanay
-5% Wifey
-5% Buboy
-5% Balato sa mga kaibigan para hindi ka tawagin madamot
-5% Pang celebrate (chicks, booze, taya sa sabong)
-5% Donation sa mga nasalanta
-4% etc

=1% Nice. Sarap maging boxingero!

Author:  drowning02 [ Thu Jan 10, 2013 9:55 pm ]
Post subject:  Re: Boxer's take home pay after deductions from his purse?

I can't find the link but i read an interview (with Leonard Ellerbe and Floyd) stating that an average percentage a promoter gets is 27% and up. The article was published during the 2nd Pac fight negotiations. Floyd however said he pays Golden Boy with 15%.

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