- They have the wrong people around them.

I mean that in a business sense not in a let's be friends sense. They surround themselves with friends who are as clueless as they are about business. It takes money to generate money.

- Spending more then what they have earned.

As pointed out by Daxx, a boxer will earn 'X' amount of money. Hell go out and buy a new car, maybe a new house, something nice for the wife or their mom. Now they've spent more then what they earned. Without really thinking.

Oscar learned thru Bob that Promoting is where the money is at. Bob was a mentor to Oscar and Oscar learned a lot from him.
Take JMM & Rafa they own clothing stores in Mexico.
Ponce de Leon owns a restaurant.
Montiel & Family run a boxing Gym in their hometown.
PBF has a record label (tho not a sucessful one) and it all indicates that he will become a promoter.
Cottos a promoter


It seems to me like the newer generation of fighters are learning.. Some not all take Zabs dumb! ass playing dice in the middle of the street