Quote Originally Posted by bradlee180 View Post
$500 thousand was Kovalev' purse, but half goes right off the top for taxes.
Trainer's standard rate of 10%.
His manager gets a cut.
He took home $125 thousand, a quarter of his check.


I remember Buster Douglas' interview on Howard Stern.
1.3 million purse.
After taxes and trainer/manager fees, expenses, return airfare to tokyo, hotel fare; he said he took home about 15 grand for knocking out Mike Tyson in the biggest upset in boxing history.
is it fifty percent tax bracket for that kind of money. Seems higher than I thought, when you do well, the government does well.