Just as employers outside of boxing fall into general categories, the same can be said for the promoters in our sport. The simplest classification, both inside and outside of the pugilistic profession, is companies with many employees on one side of the spectrum and the smaller firms with comparably fewer on the other. There are advantages and disadvantages to both ends of this scale.
When evaluating which end of the promotional continuum is the correct fit, it’s best to be as objective as possible. Boxing’s full of popularity contests but when looking for a promoter to take you to the next level, facts are where it’s at.
Objectively picking a boxing promoter is complicated by their all being private companies. Financial, operational and material legal information isn’t publically available. How forthcoming they are with that information is important, but if you’re an unknown boxer it’s probably going to be hard to get them to share those details. Of course the manager has a role to play here, but the buck stops with the promoter (well really with the boxers and fans, but we can leave that for another day). It would be a lot easier if we could conveniently take a look at a promoter’s financial statements and see how much they spent on fighter development, or how often they sued their own boxers, or were sued by them etc. Solely relying on a manager who might have a long relationship with a particular promoter to give you all the facts, good and bad could also be a bit of a gamble.
The absence of a boxer’s union complicates things further, but as they say, “it is what it is.” So just like in the ring, you’ve got to protect yourself at all times. Before you pick the promoter and sign the contract that’s been double (triple…) checked here are some of the things that I’d consider:
If I had access to reliable, detailed financial, operational and legal information I would’ve compiled a list of my top five or ten promoters. Unfortunately we don’t and it would be irresponsible to base a list on anything other than that.
What I can say is that boxers should be asking pertinent questions and ideally discussing with more than one promoter before signing. To quote Ice Cube, “you better check yourself before you wreck yourself.”
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