Fight Purses in Some Boxing Matches

[miron_lang]

Athlete.com has about the most accurate earnings for fighters....

Tyson made 30 million for at least 2 of his fights...To think he made almost 400 million in the ring and has not even a fraction of it....

In truth these guys have a dangerous job and every fight could be their last....

they have nothing to fall back on...EG- 401K, retirement benefits etc so thew risk has to be worth the reward no?

nothing to fall back on?

mate as you said Tyson made $400M. Secure the 200M at a bank for maybe 5% per annum and you have.

$1.6 Million dollar per month!!!! and that's just securing the half.

Imagine witdrawing $1M each month for your everyday needs.

[generalbulldog]

And I know I posted this a few weeks back in some thread.

Muhammad Ali's fight purses from the beginning of his career to 1975.

29/10/60 vs Hunsaker $2000
27/12/60 vs Siler $200
17/01/61 vs Esperti $545
07/02/61 vs Robinson $645
21/02/61 vs Fleeman $913
19/04/61 vs Clark $2548
26/06/61 vs Sabedong $1500
22/07/61 vs Johnson $6636
07/10/61 vs Miteff $5644
29/11/61 vs Besmanoff $2048
10/02/62 vs Banks $5014
28/02/62 vs Warner $1675
23/04/62 vs Logan $9206
19/05/62 vs Daniels $6000
20/07/62 vs Lavorante $15,149
15/11/62 vs Moore $45,300
24/01/63 vs Powell $14,331
13/03/63 vs Jones $57,668
18/06/63 vs Cooper $56,098
25/02/64 vs Liston $464,595
25/05/65 vs Liston $361,819
22/11/65 vs Patterson $300,078
29/03/66 vs Chuvalo $66,332
21/05/66 vs Cooper $448,186
06/08/66 vs London $290,411
10/09/66 vs Mildenberger $211,576
14/11/66 vs Williams $405,000
06/02/67 vs Terrell $585,000
22/03/67 vs Folley $275,000
Exile: April 1967 - September 1970
26/10/70 vs Quarry $580,000
07/12/70 vs Bonavena $925,000
08/03/71 vs Frazier $2,500,000
26/07/71 vs Ellis $450,000
17/11/71 vs Mathis $300,000
26/12/71 vs Blin $250,000
01/04/72 vs Foster $200,000
01/05/72 vs Chuvalo $200,000
27/06/72 vs Quarry $500,000
19/07/72 vs Lewis $200,000
20/09/72 vs Patterson $250,000
21/11/72 vs Foster $260,000
14/02/73 vs Bugner $285,000
31/03/73 vs Norton $210,000
10/09/73 vs Norton $535,000
20/10/73 vs Lubbers $200,000
28/01/74 vs Frazier $1,715,000
30/10/74 vs Foreman $5,450,000
24/03/75 vs Wepner $1,500,000
16/05/75 vs Lyle $1,000,000
30/06/75 vs Bugner $2,100,000
30/09/75 vs Frazier $6,000,000

[Jimanuel Boogustus]

Cory Spinks $1.2 + Million v Zab Judah $100.000 [2nd fight]

Some of the figures there are scary. Oscar, Sugar Ray, Iron Mike.... Wow.

Yeah, ol' Zab got taken in negotiations but he stated this before and after the fight. He said he knew he would KO Spinks the next fight and then that is when his money would come.

That is what a real fighter does. He takes short money for a great opportunity.

I suppose that's motivation enough to knock someone out...

Don't know how much he made after this fight but I wonder if in retrospect, he feels that was the right decision..?

[DaxxKahn]

Athlete.com has about the most accurate earnings for fighters....

Tyson made 30 million for at least 2 of his fights...To think he made almost 400 million in the ring and has not even a fraction of it....

In truth these guys have a dangerous job and every fight could be their last....

they have nothing to fall back on...EG- 401K, retirement benefits etc so thew risk has to be worth the reward no?

nothing to fall back on?

mate as you said Tyson made $400M. Secure the 200M at a bank for maybe 5% per annum and you have.

$1.6 Million dollar per month!!!! and that's just securing the half.

Imagine witdrawing $1M each month for your everyday needs.

Guys like Tyson and DLH with their earnings in the hundred millions is rare...That is why it was such a big deal....

I was speaking in the terms of the average fighter....The average champion of like Glen Johnson's caliber or simular....You have to realize...

If the purse is 1 million it gets broken down

1,000,000- 20% to manager

800,000 left...minus taxes....comes to about

500,000 left....Then payroll for trainer, cutman, cornermen....comes to another 100,000 (at that stage in the game trainers usually get a percentage and other corner men fixed rate)..

400,000 left add in various other expenses it comes to about another 50,000

now with 350,000 left people say hey I could live nicely off that but now you need think...

They have a family and bills owed to pay.....by the end of that million dollar payday when all is said and done they end up with about 200,000 to do as they wish......Most will live off of it until the next payday and that is not to say it will be that much....

A fighter retired at abt age 35 lets say....Now they have to raise their family on the ring earnings, pay taxes every year off of it...property taxes etc....from money not being replenished....They need pay for kids educations....etc.....This money has to last them a lifetime.....

we see that number of the payday and often forget what there is to pay out and forget this is all they have and unlike us who works tilo they are 65 or so these guys are done in their 30's

[Kirkland Laing]

I remember Tim Witherspoon being aggrieved (and rightly so) about taking home 90,000 USD for fighting Bruno (who received over 900,000 ST). His offical purse was 500,000 but after carl king,don king, sparring partners and expenses were taken out he was left with just the 90k. He said that he asked carl king (who was his 'manager') what was he was getting and King said that he didnt know and had to ask his father!!!! He came back and said they were getting a dime (or maybe it was a nickel, it was some kinda american slang for half a million)

That was around the time he said about Don King "If you make a dollar he wants the first 110 cents."