Contractually, I can’t reveal boxers earnings – Tobias

Contractually, I can’t reveal boxers earnings – Tobias

Otniel Hembapu
Windhoek – With most boxing promotions around world now into the trend of aggressively marketing their fights by publicly disclosing the potential outreach of the fight and the magnitude of the money involved – including the actual figures that each boxer stands to earn from the fight – Namibia’s award-wining promoter Nestor Tobias still refuses to follow suit.

Given the growing interest and curiosity of most Namibians over the net worth and actual earnings of local boxers – especially those fighting for continental, international and world titles – New Era Sport asked Tobias why he is so reluctant to disclose the figures earned by his boxers.

Despite most of his boxers being huge public figures and role models to many of the country’s youth and aspiring pugilists – which leaves them open for public scrutiny – Tobias insisted that he is not obliged to disclose the earnings of his boxers to the public and in fact, contractually it would be illicit for him to do so.

Most of the boxers housed by MTC Nestor Sunshine Boxing & Fitness Academy – which is owned by Tobias – are said to earn between N$1 000 and N$1.5 million per fight, depending on the magnitude of the bout a boxer is involved in.

Some brief research by New Era Sport revealed that local boxers fighting for national titles earn between N$5 000 and N$10 000, while a boxer fighting for a continental title will earn anything between N$30 000 and N$70 000 – depending on his ratings and record.

World title fights, which previously involved boxers such as Paulus ‘The Hitman’ Moses, Paulus ‘The Rock’ Ambunda and currently Julius Indongo, would roughly start from N$800 000 to a staggering N$1,5 million or even close to N$2-million per bout.

“To be quite honest I ‘ve never really been reluctant to disclose the amount of money my boxers earn when they fight for big continental or world title fights, but we – as boxing promoters – always have a contractual agreement not to disclose the earnings of the boxers.

“We do it for various personal reasons and even if I tell you how much Julius Indongo will earn for his upcoming fight in Scotland, it will be unlawful for me to do so, because of the contract we have signed,” Tobias explained.

He added: “Depending on the magnitude of the fight, my boxers earn something between N$1 000 to N$1,5 million and we’ve paid those amounts before. I know these people (boxers) are public figures, but they too also have a life and deserve privacy, like all of us.”

“In fact, in boxing whenever those big figures are revealed to the public is when big boxers like your Floyd Mayweather, Manny Pacquiao and Anthony Joshuas and others are involved in fights, because those fights are usually bought by the world’s biggest TV stations, such as the HBO, Showtime and TopRank, amongst others, who then sell the fights for millions of dollars via their highly lucrative pay per view services.

“So they (international promoters and TV stations) will always disclose figures to boost their marketing and ratings, which will in turn bring in millions. So, hopefully, once we reach that level I will gladly disclose the numbers to all Namibians,” Tobias remarked.

The pay-per-view format is a type of pay television service by which a subscriber of a television service provider can purchase events to view via private telecast. The broadcaster shows the event at the same time to everyone ordering it (as opposed to video-on-demand systems, that allow viewers to see recorded broadcasts at any time). Events can be purchased using an on-screen guide, an automated telephone system, or through a live customer service representative. Events often include feature films, sporting events, and other entertainment programmes.

With the rise of the internet, the term online pay-per-view format has been used to denote pay-per-view services accessed online. It is most commonly used to distribute combat sports events, such as boxing, mixed martial arts, and professional wrestling.

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