₦airaland Forum

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

Example: Mayweather fight with Mr. X. The fight is worth $50million. Promoters; agents, hotels, banks, investors, media, gets 70% or $35 million. Fight Escrow company after paying promoters, now subtracts 30-45% in federal income tax for such high income, state tax another 10-15%, some cases County and City tax another 2-5% common in entertainment big cities like Las Vegas, LA, New York, before you know it, the balance remaining from the $25m is now $10 million. Mayweather too has staff to pay and bills, that's another 50% in cost. Leaving him $5 million in the bank. But you foolish fans who have no clue how this works think he is worth what the fight said he made...LOL. Joshua is still a small boy to Mayweather as his fights are not worth much, so he gets way less as his condition shows.

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

Example: Mayweather fight with Mr. X. The fight is worth $50million. Promoters; agents, hotels, banks, investors, media, gets 70% or $35 million. Fight Escrow company after paying promoters, now subtracts 30-45% in federal income tax for such high income, state tax another 10-15%, some cases County and City tax another 2-5% common in entertainment big cities like Las Vegas, LA, New York, before you know it, the balance remaining from the $25m is now $10 million. Mayweather too has staff to pay and bills, that's another 50% in cost. Leaving him $5 million in the bank. But you foolish fans who have no clue how this works think he is worth what the fight said he made...LOL. Joshua is still a small boy to Mayweather as his fights are not worth much, so he gets way less as his condition shows.

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

Example: Mayweather fight with Mr. X. The fight is worth $50million. Promoters; agents, hotels, banks, investors, media, gets 70% or $35 million. Fight Escrow company after paying promoters, now subtracts 30-45% in federal income tax for such high income, state tax another 10-15%, some cases County and City tax another 2-5% common in entertainment big cities like Las Vegas, LA, New York, before you know it, the balance remaining from the $25m is now $10 million. Mayweather too has staff to pay and bills, that's another 50% in cost. Leaving him $5 million in the bank. But you foolish fans who have no clue how this works think he is worth what the fight said he made...LOL. Joshua is still a small boy to Mayweather as his fights are not worth much, so he gets way less as his condition shows.

devindevin2000:
Nobody is disputing how much they make. What he is saying is their take home is not what you think it's.

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

Example: Mayweather fight with Mr. X. The fight is worth $50million. Promoters; agents, hotels, banks, investors, media, gets 70% or $35 million. Fight Escrow company after paying promoters, now subtracts 30-45% in federal income tax for such high income, state tax another 10-15%, some cases County and City tax another 2-5% common in entertainment big cities like Las Vegas, LA, New York, before you know it, the balance remaining from the $25m is now $10 million. Mayweather too has staff to pay and bills, that's another 50% in cost. Leaving him $5 million in the bank. But you foolish fans who have no clue how this works think he is worth what the fight said he made...LOL. Joshua is still a small boy to Mayweather as his fights are not worth much, so he gets way less as his condition shows.

jaxxy:
I love how he’s living. Too much comfort makes u weak physically and mentally. He needs to live on a strict routine to stay untop of his game. It’s more about focus and conditioning than anything else.

I’m glad to see how he lives personally I like that $hit.

He still has much better properties and luxury suites he stays in when he wants to give himself a treat.

Callertunez:
naso..... So what will you say about McGregor?

olutop:
Hmm and May weather is the richest Sportsman presently according to Forbes, richer than Ronaldo, Messi and his worth is even more than double the worth of Messi who is the 2nd richest sportsman.....Guy don't say what you don't know plsss

OkunrinOloro:
Federal taxes in the United Kingdom?

martowskin1:
Bro are u serious with this?

So all we are we are watching na hype?....

What about foot ballers

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

Example: Mayweather fight with Mr. X. The fight is worth $50million. Promoters; agents, hotels, banks, investors, media, gets 70% or $35 million. Fight Escrow company after paying promoters, now subtracts 30-45% in federal income tax for such high income, state tax another 10-15%, some cases County and City tax another 2-5% common in entertainment big cities like Las Vegas, LA, New York, before you know it, the balance remaining from the $25m is now $10 million. Mayweather too has staff to pay and bills, that's another 50% in cost. Leaving him $5 million in the bank. But you foolish fans who have no clue how this works think he is worth what the fight said he made...LOL. Joshua is still a small boy to Mayweather as his fights are not worth much, so he gets way less as his condition shows.

justice12000:
McGregor is not worth more than $500k

ikennaf1:
Wow cool. It wasn't portrayed as so on the nairaland post that carried the news though.

justice12000:
Most foolish fans think that these people have money. They don't. All these fights you see for millions are just promotion cost, after deductions from promotors, they barely get 10%. On top of that they pay 30-45% in federal taxes and another 15% in state taxes. Money don finish be that nah! Mayweather is just a tool used to deceive idiots...always flashing money. In his account, he probably nothing more than $2 million.

Example: Mayweather fight with Mr. X. The fight is worth $50million. Promoters; agents, hotels, banks, investors, media, gets 70% or $35 million. Fight Escrow company after paying promoters, now subtracts 30-45% in federal income tax for such high income, state tax another 10-15%, some cases County and City tax another 2-5% common in entertainment big cities like Las Vegas, LA, New York, before you know it, the balance remaining from the $25m is now $10 million. Mayweather too has staff to pay and bills, that's another 50% in cost. Leaving him $5 million in the bank. But you foolish fans who have no clue how this works think he is worth what the fight said he made...LOL. Joshua is still a small boy to Mayweather as his fights are not worth much, so he gets way less as his condition shows.

Facts
NBA players; their own is even worse. Curry made $35 million dollars but guess how much he got after deductions? Chicken $12m. Same goes for all of them! These are facts!
https://www.bna.com/taxes-ballhog-majority-n73014470964/

justice12000:
I'm telling you it's not true. The fact that Forbes say Dangote is richest in Nigeria doesn't mean it's true. They are Yoruba billionaires who are more richer than Otedola but never makes Forbes list.

olutop:
What is the essence of having money and you are scared of people knowing the source of your money because it is unverifiable or illegal, some1 will now be spending money like a prisoner due to the fear of EFCC and the likes, My brother that is not wealth DT is wahala, I will rather be as rich as Otedola than work 100billion and be a prisoner of my own wealth.