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> With All The Players Involved With Floyd Mayweather, Who is Whom in the Negotiations For Money May?
Jack 1000
post Dec 13 2011, 03:47 PM
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I think this is a good community question,

With Manny, almost everything flows through Top Rank and Bob Arum. But for Floyd, when big fighters are negotiated there are several people involved. Is there a percentage of who gets what in terms of money and percentages? For Floyd, being one of the biggest names in boxing, love him or hate him, would he be better off just managing himself? What is the official title of all these people concerning Floyd's fights?

Al Hayman
Golden Boy Promotions
Floyd Mayweather Productions
Leonard Ellerbee
Richard Schaefer
Floyd Mayweather himself

That's SIX different parties involved in negotiating and compromising. For instance is Leonard Ellerbee and adviser, an attorney, or just a good buddy of Floyd with a lot of street smarts and business sense? Do these parties all have good interests in Floyd's career and marketing? Or is there a grain of salt with whom to trust and not to trust? For instance Tyson was a huge P4P star in his prime, but he still had good friends, but inexperienced boxing people like Aaron Snowell and Jay Bright. Who from the list is the best asset and potentially worst liability for Floyd, and why? And in a big Mayweather fight, who gets what on the percentage deals and profits?

Jack
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thehype
post Dec 13 2011, 04:24 PM
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No percentages for any of them, including Al Haymon. It's a flat fee. In other words, Floyd will pay Golden Boy Promotions $xxxxxx.xx for the use of their services to handle the promotion of the event, including setting up press conferences, etc.

Al Haymon is Floyd's advisor...he's essentially the go-to guy.

Leonard Ellerbe is CEO of Mayweather Promotions...he's pretty much the go-between for Haymon and Floyd.

Richard Schaefer and Golden Boy Promotions are their own entity...they're basically "rented" for their services as a promotional company.

So when it comes to negotiating, Haymon, Floyd, and Ellerbe are usually the 3-headed monster that makes those decisions, but again, Haymon is the go-to guy. The ONLY reason why Golden Boy Promotions is involved in the "negotations" for the Pacquiao fight is because Bob Arum can't stand Al Haymon, therefore, he deals with Schaefer instead...HOWEVER...once again, Al Haymon is the go-to guy, so whatever Richard Schaefer is saying or doing, it's on behalf of Haymon/Floyd/Ellerbe. But when it's all said and done, all percentages and profits go to Floyd, and then everybody else gets paid their salary or their fee.
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Jack 1000
post Dec 13 2011, 04:48 PM
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QUOTE (thehype @ Dec 13 2011, 03:24 PM) *
No percentages for any of them, including Al Haymon. It's a flat fee. In other words, Floyd will pay Golden Boy Promotions $xxxxxx.xx for the use of their services to handle the promotion of the event, including setting up press conferences, etc.

Al Haymon is Floyd's advisor...he's essentially the go-to guy.

Leonard Ellerbe is CEO of Mayweather Promotions...he's pretty much the go-between for Haymon and Floyd.

Richard Schaefer and Golden Boy Promotions are their own entity...they're basically "rented" for their services as a promotional company.

So when it comes to negotiating, Haymon, Floyd, and Ellerbe are usually the 3-headed monster that makes those decisions, but again, Haymon is the go-to guy. The ONLY reason why Golden Boy Promotions is involved in the "negotations" for the Pacquiao fight is because Bob Arum can't stand Al Haymon, therefore, he deals with Schaefer instead...HOWEVER...once again, Al Haymon is the go-to guy, so whatever Richard Schaefer is saying or doing, it's on behalf of Haymon/Floyd/Ellerbe. But when it's all said and done, all percentages and profits go to Floyd, and then everybody else gets paid their salary or their fee.



Thanks Ben! So it sounds like Al is THE MAIN GUY.

Jack
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Cshel86
post Dec 13 2011, 04:57 PM
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Now Im refreshed and more informed on the whole chain of command, so to speak. I was always under the impression that GBP was getting 10% to promote his fights, since of course Mayweather Promotions doesn't have the license to promote fights.

Wonder why the other guy doesn't do this with his promotional banner...you know?...the little ill-informed guy with the "excellent footwork" and the "Michael Jackson Thriller" humanitarian appeal that drives the world nuts. Yeah, that guy...(IMG:style_emoticons/default/laugh.gif)
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Box in Hand
post Dec 13 2011, 07:57 PM
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QUOTE (Cshel86 @ Dec 13 2011, 04:57 PM) *
Now Im refreshed and more informed on the whole chain of command, so to speak. I was always under the impression that GBP was getting 10% to promote his fights, since of course Mayweather Promotions doesn't have the license to promote fights.

Wonder why the other guy doesn't do this with his promotional banner...you know?...the little ill-informed guy with the "excellent footwork" and the "Michael Jackson Thriller" humanitarian appeal that drives the world nuts. Yeah, that guy...(IMG:style_emoticons/default/laugh.gif)



Hilarious!
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kingknockout
post Dec 13 2011, 08:09 PM
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great thread...

another question though..


why shane mosley or b-hop don't have their own company?
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Cshel86
post Dec 13 2011, 08:41 PM
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QUOTE (kingknockout @ Dec 13 2011, 08:09 PM) *
why shane mosley or b-hop don't have their own company?


(IMG:http://i685.photobucket.com/albums/vv214/nicolawesome/Kanye-Shrug.jpg)

Beats me...
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Cheesey1
post Dec 13 2011, 08:47 PM
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Thanks for the insight. I guess that Al Haymon is the equivalent of Floyd's manager?
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Cshel86
post Dec 13 2011, 09:02 PM
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Well, its no need to play "duck duck goose" with this team...everybody seems to know where they are on the totem pole. Now, for that other little guy with the "excellent footwork"...where do we start with his team? (IMG:style_emoticons/default/dntknw.gif)
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Remi
post Dec 13 2011, 09:06 PM
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(IMG:style_emoticons/default/bye.gif)
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