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Boxing/Boxers Purse

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Question
"Hopkins says that his first big payday was the Jones Jr. fight. Hopkins' purse was $700,000 but after everyone got their hands into it, he only received $80,000 and after taxes, it was less than $50,000."
Is this a common thing for pro boxers? ending up with 50,000 after it was said that your purse was to be 700,000? and how much did he pay his trainers and his promoters if he payed more than 70% of his winnings?

Answer
Generally speaking the fighter will give up about 33% of his or her purse but sometimes they have to pay to prepare better such as getting excellent sparring partners, training provisions etc.

So it can vary somewhat.  I think that is quite extreme though.

Joe

Boxing

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Joe Hofer

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I can answer most questions regarding boxing instruction and or various training methods. Training for beginners or experienced professionals. I can also answer questions regarding effective weight loss.

Experience

I have trained beginning boxers as well as accomplished professionals. I have owned and managed my own gym outside of Atlanta Georgia and currently do personilized boxing instruction and training in Tampa Florida. I have promoted professional boxing shows in St. Louis, Missouri including several World and State Championships. I have Supervised a World Championship for the International Boxing Organization and the World Boxing Board of which I am currently on their Board of Directors.

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High School Graduate

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