All too often we hear of fighters getting taken advantage of by promoters who only care about their pockets. It's sad to say, but we always hear about fighters being broke shortly after retiring, or being perhaps underpaid for a night's work. For example, WBA world bantamweight champion Anselmo Moreno from Panama was not getting paid for fights, but only given $200 a week from his managers; and he was a world champion! This continued up until Golden Boy Promotions took him under their wing. Another example, former two-time world champion Ricardo Mayorga reportedly only made $50,000 for fighting Miguel Cotto on Showtime pay-per-view.
In my humble opinion, that is unacceptable. I believe promoters should be held to certain standards when it comes to paying fighters. Mayweather promotions, in my humble opinion, are setting a good example for other promoters to follow in regards to how fighters should be treated. Young prospect Jessie Vargas, who is promoted by Mayweather promotions, just reportedly made a $150,000 guarantee for fighting Steve Forbes on the Mayweather/Cotto pay-per-view undercard. Steve Forbes, who some would call a "washed-up veteran", received $40,000 for the fight, and he wouldn't have gotten nearly as much fighting anywhere else. That is only $10,000 less than what Mayorga received for fighting in the main event against Cotto on a Showtime pay-per-view. The fighters are the one's risking themselves for our entertainment; promoters have to realize this and pay them accordingly.
In reality, the ONLY thing the promoters are doing is bringing the fights to the television networks. Technically speaking, the networks actually promote the fights after they have already purchased the fight from the promoter. In that case, promoters shouldn't have problems paying fighters their fair share because it's not like they are spending money on promoting the fight. With all of that said, I commend Mayweather Promotions for being an example for other promoters in the fight game by fighters first, and I hope they continue doing business the same way in the future.