Boxing Contracts With Banks
Description
How to fill out Employment Contract Between Professional Boxer And Manager?
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FAQ
Professional Boxer Salary Annual SalaryHourly WageTop Earners$119,000$5775th Percentile$110,000$53Average$68,041$3325th Percentile$36,000$17
Boxer agrees to enter into a boxing contest at the site location of ________in the City of _________, and State of _________ on the day of________ , 20___for ________ rounds to a decision with ___ of the State of _____________ and Federal ID# is________. This contest shall be at a weight not over pounds.
Professional Boxer Salary Annual SalaryHourly WageTop Earners$119,000$5775th Percentile$110,000$53Average$68,041$3325th Percentile$36,000$17
In situations where the two sides can't agree, it will sometimes go to a "purse bid" where the process is opened up to any promoter that would like to put on the fight. They submit bids for how much they're willing to pay in purses and the highest bidder wins the right to put on the fight.
Managers set up fights and negotiate terms, conditions and purses for fighters for a percentage of the fighters total purse. Boxers are paid by the promoter. Managers are paid by the boxer ( a % of the boxer's pay) Promoters money come from the revenue the fights bring in.