THE BREAKDOWN OF A BOXERS PURSE!!

[fan johnny]

It really depends on how successful a fighter is and how binding his agreements are as he becomes more marketable. Hopkins is a bad example because he is at the end of his celebrity career and very high maintenance.

Because professional boxing has had a history of corruption, laws in the US were passed to protect the fighter from being screwed over. Many fighters use a manager some don't. To make a valid contract with a manager, it has to be signed in front of the commission and with a maximum of 33% that can go to the manager lasting a maximum of 4 years. His percentage is really determined by your agreement. Some managers are good, others are crap. Just because there are rules doesn't mean everyone is going to following them. A criminal doesn't care about the rules because he is not bound by them. So in reality laws are not really protection, they only give you a means to seek retribution. Professional Boxing is a form of entertainment, and you can view your career similar to an entertainer, although it is a combative sport.

[SlipperDaRipper]

It really depends on how successful a fighter is and how binding his agreements are as he becomes more marketable. Hopkins is a bad example because he is at the end of his celebrity career and very high maintenance.

Because professional boxing has had a history of corruption, laws in the US were passed to protect the fighter from being screwed over. Many fighters use a manager some don't. To make a valid contract with a manager, it has to be signed in front of the commission and with a maximum of 33% that can go to the manager lasting a maximum of 4 years. His percentage is really determined by your agreement. Some managers are good, others are crap. Just because there are rules doesn't mean everyone is going to following them. A criminal doesn't care about the rules because he is not bound by them. So in reality laws are not really protection, they only give you a means to seek retribution. Professional Boxing is a form of entertainment, and you can view your career similar to an entertainer, although it is a combative sport.

Yes but is it possible to have only 1 corner man who is also your coach and takes only 5-10% of the purse and then have 1 manager who is also is your promoter and takes 10-15% and he can also be your finacial adviser.
So say my purse was £10,000, takeaway 25% on manger and coach who also covers all the other jobs i have already mentioned. Then takeaway 40% on taxes leaves me to take home £4500. Is that correct?