Quote Originally Posted by Kirkland Laing View Post
Quote Originally Posted by Violent Demise View Post
Quote Originally Posted by Kirkland Laing View Post
Quote Originally Posted by Violent Demise View Post
Quote Originally Posted by bzkfn View Post
He was corrupt and a poor influence on the current state of affairs in the sport we love, but may he rest in peace.
He help pay for a lot of Genero Hernandez medical expensives when he got sick.
The amount he paid out to help sick boxers was a tiny percentage of his turnover. He took three or four percent of all their WBC title purses and every other boxer who fights for a WBC title. If you took that money and funnelled it through a nonprofit sanctioning body that spent it all on looking after retired boxers then they'd be able to hire ten or thirty times more boxers.

All these sanctioning bodies are just racketeering enterprises. They're all headquartered in Panama or the Dominican Republic where they don't have to produce publicly available audited company accounts. There's a reason for that.
Every organization takes out sanction fees. That's nothing new. Nor is it illegal. And while I feel retired boxers should get more help it's really not the organizations job to help them out. Retired boxers should be looked out by there promotors and managers. The muthafukkas who actually take a cut from a fighters purse
The WBC take a cut from fighters' purses. I agree that promoters and maybe even managers should pay something towards looking after retired fighters but the WBC makes a living renting $20 weightlifting belts to fighters with zero financial risk. They also take money from promoters to get their guys ranked and for eventual title shots. Sulaiman even used to go to fighters after they'd won and ask them for their trunks, gloves, even wraps which then used to end up on the memorabilia market. Throwing out a few dollars to buy themselves some cheap credibility by helping the occasional fighter doesn't change the nature of what they do.
Only if they fight for the WBC title. If not the WBC gets nothing. And it's just the sanction fees. It's not an actual cut from the fighters purse. People dislike the sanction fees. But what are they suppose to do? Let them fight for the title for free? That's unrealistic. The WBC is a ranking organization. But it's also a business. It needs to make money some how