Alexandoy
VIP Contributor
This kind of business is only for the selected few that usually the CEO of the management company has the experience in the sport. Take for instance boxing, what the management company does is to find a good fight with a good purse. The company earns from 5% to 20% depending on the agreement with the athlete. Can you imagine how much the management team of Floyd Mayweather have earned from his purses? Floyd registered his own management team so the money will not go to other hands. He has his management team that takes care not only of his fights but also the fights of other boxers like lightweight Gervonta Davis.
