Is this at the discretion of the fighter, or is there a standard custom of payment? What does Freddy Roach or Roger May walk away with after a mega fight?
Announcement
Collapse
No announcement yet.
Do head trainers get paid a salary or a percentage?
Collapse
-
-
-
The once accepted norm was and still is a flat 10%. But the top fighters who earn millions don't like to pay 2-3-4-millions for 8 weeks training. I don't blame them.
So what they do is they come to an arrangement with the trainer b eginning at about 3% for the huge earners.
Freddie Roach was smart enough to hang onto Manny P. and talk him into believing that he NEEDED him, so, as I recall, was able to firm up a 10% fee, which, because Manny was ignorant and overawed (at the time) he agreed to, so The Roach rolling in money, doesn't even spend a cent on razor blades.........
If Manny was a different sort of fellow he'd have renegotiated the deal, although maybe he has. These guys, pretending to be "poor workingmen trying to "put food on the table for the family" (a favourite excuse of "poormouthers") very often end up in the position of having much more money in their accounts, than the guy who earned most of it for them.
And, since they are not the "heros" but rather in a "menial sort of position, they have no appearances to keep up, can dress and and live the way they want to.
I hope that fighters are allowed to claim much of their personal appearances, showboating and lifestyle spending, as Income Tax expenses.
If they can't that's not fair.................\
Just my opinion
Comment
-
-
Originally posted by California Love View PostRoach gets 10% and Roger might get 10% or a few millions.
So lets say Jose Benavidez who is an up and coming fighter pays 10% of the purse to Roach? Or Amir Khan V Salita?
I often wondered if the Boxers paid the coach directly out of thier own pockets or via thier promotors. Bob Arum is Jose Benavidez promotor, I doubt Benevidez could afford to pay Roach the kind of money he would want for his time. Perhaps Bob Arum pays on his behalf?
Comment
-
Originally posted by Hard Boiled View PostSo lets say Jose Benavidez who is an up and coming fighter pays 10% of the purse to Roach? Or Amir Khan V Salita?
I often wondered if the Boxers paid the coach directly out of thier own pockets or via thier promotors. Bob Arum is Jose Benavidez promotor, I doubt Benevidez could afford to pay Roach the kind of money he would want for his time. Perhaps Bob Arum pays on his behalf?
Comment
Comment