Originally Posted by St.Paul Guy
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.
He's actually made much more money than Tyson.
First of all, when you consider that Floyd and Tyson both are on the top PPV buys of all time 6 times, and Floyd has the single most bought fight in history.
Tyson has more buys probably...not by much though, but he fought in the 90s when PPVs didn't cost as much money. The most Tyson ever fought for per dollar was when he was ancient and went in there to get beat up by Lennox Lewis for 54.99.
Far cry from todays 59.99 per fight and 69.99 in HD.
And then you have to consider Floyd takes a direct cut of his money because he is his own promoter, and we all know how many people and how much Don King personally robbed from Tyson.