Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Thursday, 13 September 2012

Canelo getting paid almost 10 times more than Lopez...

Lopez (left) & Alvarez (right) face-to-face at public press conference.

The Nevada State Athletic Commission have announced that WBC world light-middleweight champion Saul 'Canelo' Alvarez will receive $2,000,000 for his fight on September 15th. His opponent Josesito Lopez will receive only $212,500 when the two meet at the MGM Grand in Las Vegas.

Now, I'm not saying that it's unfair that Alvarez is receiving more than Lopez, as he is obviously the much bigger star, but considering Marcos Maidana is just an undercard fighter and he is receiving $250,000, I think Lopez deserves a little more than what he is getting.

As this show will be going head-to-head with the fantastic show put on by Top Rank (Julio Cesat Chavez Jr Vs Sergio Martinez), Golden Boy have jam-packed the show with a top class undercard that has cost them a lot in purse bids.

Below is what the undercard fighters will be receiving:

Jhonny Gonzalez ($40,000) Vs Daniel Ponce De Leon ($100,000).

Marcos Maidana ($250,000) Vs Jesus Soto Karrass ($80,000)

Leo Santa Cruz ($85,000) Vs Eric Morel ($35,000).
 
By Jack Price (@PriceyJ97)

Tuesday, 19 June 2012

Mayweather and Pacquiao announced as the two highest paid athletes in the world!


Who ever said that boxing is no longer a main-stream sport?.. Well, I don't know who said it, but they are definitely wrong. Forbes Magazine has released the list of the world's highest paid athletes from June 2011 through to June 2012, and guess who the top two are? Floyd Mayweather and Manny Pacquiao!

'Money' Mayweather made $85 million from his fights with Victor Ortiz and Miguel Cotto. Although, Pacquiao was second, his earnings were quite a long way off from his "sporting rival." The Filipino earned $56 million from his super showdowns with Juan Manuel Marquez and Timothy Bradley.

The main reason that Mayweather's earnings are so much higher than any other boxer and also any other athlete is that he manages and promotes himself. This means that he collects every he makes from his fights, including tickets revenue, PPV buys and all sponsorships. With most of the other fighters in the sport, they get a considerable amount of money taken from their promoters. Now, I wouldn't advise every fighter to do this as it wouldn't pay off. You can sl*g Mayweather off as much as you want but you cannot deny that he is a very smart man. He takes complete control of his money and makes sure that he is always in charge.

There were only two other boxers on the list, and they were:


  • Wladimir Klitschko - Ranked at No.24 and his total income was $28 million.
  • Miguel Cotto - Ranked at No.75 with a total income of $19 million..
This isn't going to give boxing the extra boost that he needs but it is certainly an eye opener to the people saying our sport is dead. No matter what happens, boxing will always have die-hard fight fans that tune in for every fight.