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post #32 of (permalink) Old 01-03-2013, 12:05 AM
St.Paul Guy
Don't Sweat the Technique
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Join Date: Mar 2011
Location: Duluth, MN
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Originally Posted by BigPont View Post
I love how people are saying 197k is nothing to Floyd. Tell me that when he's filing for bankruptcy 5-10 years after he retires from boxing.
Exactly my thoughts. He isn't nearly as big as Mike Tyson was, and he's probably dumber. Betting six figures on MMA fights is poor money management. I'll bet that he nets losses of at least in the 1-5 million dollar per year range on gambling alone with bets like that. Toss in a few bad investments, a posse of 100 or so, and the massive decline in boxing interest. Money can go quick.... especially when you go from 50 mil a year to scrapping for promotional money.

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