All Articles Tagged "champion"

Serena Wants To Be A Champion, Not A Party Girl: “I’m Boring Now, I Used To Be Fun”

January 6th, 2013 - By MN Editor
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From ESSENCE

When most celebrities were partying on New Year’s Eve, Serena Williams was in her hotel room resting. The 2012 tennis champion says she used to be that fun girl, but now calls herself “boring.”

According to the UK’s Daily Mail, Williams was in Australia over the holiday for the Brisbane International Tennis Tournament and admitted her career goals are now her priority. “I’m really boring now,” Williams said. “I used to be fun. Now for a fun time do not call me. I think I just got older, and I realized I can’t be that fun girl for the rest of my life. I could be the oldest number one [tennis champion]. I don’t know how that goes with the funnest.”

At 31 years old and ranked third in the world, Williams accomplished quite a bit in 2012: She won Wimbledon (her fifth tittle), the U.S. Open, a gold medal at the Olympics and the WTA Championship for the third time in her career. Williams also became the second woman in history to earn a career Golden Slam.

Well, these things happen. See what else Serena had to say, including comments about her new “night time problem” over on ESSENCE.

 

Sad News: Former Boxing Champ Hector “Macho” Camacho Dead at age 50

November 25th, 2012 - By Drenna Armstrong
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After days on life support, Hector Camacho was taken off life support on Saturday in a Puerto Rico hospital.

He was shot in the face last Tuesday by a random gunman in his hometown of Bayamon while sitting in the passenger seat of a car outside of a bar. The driver, a friend of Camacho, was shot twice and instantly killed.  The two suspects were able to flee police after a shootout at an apartment complex.

After his second day on life support, doctors rendered Camacho brain dead on Thursday. While initial reports stated that his family immediately decided to remove him from life support, they were false and the family delayed the decision in hopes that something positive might happen.  However, a spokeswoman for the Rio Piedras Medical Center said he suffered a heart attack on Saturday and that’s when the final decision to take him off life support was made.  Sadly, none of his organs were healthy enough to be donated.

Camacho was a lightweight champion known for his flashy boxing shorts and robes.  One of his most famous fights was when he knocked out Sugar Ray Leonard in 1997. His last fight in 2010 against Saul Duran, however, was not as successful; his body had been abused by drugs and alcohol and he easily lost the fight.

He is survived by two sons, a 13 year old and an older son, boxer Hector “Machito” Camacho, Jr.

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Floyd Mayweather Jr., Boxing Champ and Financial Guru

September 17th, 2011 - By TheEditor
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By Charlotte Young

When Floyd Mayweather Jr. steps into the boxing ring on Saturday night, he’ll get paid more than any other boxer, but not just because he’s a champion in the boxing ring. Mayweather is a champion in all things concerning the game with a very unique financial model that allows him total control.

Whether or not he wins the welterweight title against Victor Ortiz, Mayweather is making a cut of every ticket and every hot dog purchased and from every country that paid for broadcasting rights. According to the New York Times, Mayweather’s chosen financial plan enables him to exchange “upfront risk for back-end profit while retaining total control.” Basically, he pays for the logistics of the game, including his opponent’s fees (which will run him about $2 million on Saturday night), advertising, publicity, legal contracts and more.

But the undefeated champ knows that his success and popularity will draw millions of fans and generate more than enough revenue in one fight. He earned $115 million in his past four fights. This Saturday night he will pay about $10 million, but expects to make about $40 million. In addition, he says the checks will continue to come for years depending on the results for instance, of the pay-per-view television numbers. His cut is much higher than most boxing professionals. For comparison, boxing champ Pacquiao will make about $30 million in total for his upcoming fight in November.

Mayweather started his atypical business plan after hiring Golden Boy Promotions. The company, which was started by Oscar De La Hoya, is run by Richard Schaefer, a former Swiss banker with no history of working with boxers.

Schaeffer describes the model as a pie, with half of the money apportioned to distributers such as Time Warner and DirecTV, and the rest handed to the network, either HBO or Showtime. The network then takes its distribution fees and the rest is given to promoters or in this case, Mayweather.

Aside from the pie example, there is also a very detailed spreadsheet written in 6 point font that describes how much money Mayweather is set to make, depending on all other revenue sources connected to the boxing match.

Mayweather discloses that his financial model has never been done before, in entertainment or sports history. “You see that arena Saturday? It’s all Mayweather money,” he said to the NY Times. “Want a hot dog? Mayweather money. Want a T-shirt? Mayweather money. I need all that.”

 

 

 

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