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.