The belts are $20 weightlifting belts with a big gay buckle on them and in the case of the prestigious WBC, half a dozen ten cent badges with pictures of guys like Ali and Ray Leonard on them.
They don't do anything for free. All the sanctioning body-approved judges, referees and the sanctioning guy at ringside who gives the belt to the winner at the end of the fight all need paying and all their expenses, hotels and airfares etc need paying. And they're all paid by the promoters on top of all the sanctioning fees the sanctioning bodies charge. The conventions and events they sponsor are all money-making enterprises too. Conventions are big business in case you didn't know.
You can run one of these organisations by setting up a proper regulatory body that isn't actually allowed to make a profit. Where the people involved in running it don't have a motive to make money, where the motive is to run the most effective and credible organisation possible because that will be the best long-term way to benefit boxing and the fighters who fight the fights.
Every major sport in America has a long history of no regulation and massive corruption in the early days of the sport -- baseball, American football and so on. Boxing is still unregulated. It would be more difficult to regulate than other sports but not impossible. It's managed to avoid any kind of major enforcement by government because boxing has dropped in popularity and isn't worth the effort by politicians so corrupt motherfuckers like the WBC can continue to function unimpeded.


Thanks:
Likes:
Dislikes: 


Reply With Quote

Bookmarks