From Humble beginnings Floyd Mayweather Jr has a remarkable year
By Johnny Benz (Nov 25, 2007) Doghouse Boxing  
In a recent teleconference to help hype Floyd Mayweather Jr. vs Ricky Hatton set for December 8, Mayweather's personal advisor and close friend, Leonard Ellerbe was on hand to answer questions from the media. Ellerbe was asked where Mayweather Jr stands today as opposed to the start of the year. Ellerbe not only stated it was Mayweather Jr's best year to date, but also indicated the press hasn't given Mayweather Jr proper credit for his accomplishments in such a short period of time .

Ellerbe was asked by reporter Chuck Johnson where Mayweather Jr. is today as opposed to when this year started. Johnson: "It’s been a remarkable year for him, hasn’t it?"

Ellerbe responded to the question with, "Yes, this has been Floyd’s best year to date. It’s been a remarkable year. It’s been a banner year. The things that he’s accomplished inside the ring and outside the ring, you know, they are historical. And these are the things that, like I said, with the great, great athletes have done, you know, over a period of time, and like I said, what Floyd has the opportunity to do, you know, at the end of this year, is that you - here it is you have a young man who comes from humble beginnings that has accomplished so much in his career, and he went on and won all titles in different weight classes, and he’s become a very, very successful business man. And what a lot of the press doesn’t really give Floyd credit for is that, what he’s been able to do in such a short period of time, is that he’s established the model on how fighters should conduct their business."

Ellerbe added: "And I think that that plays a critical role into the young and upcoming fighters because what he’s been able to do is to show the world that the fighters deserve the lion share of the money. And with that being said, because boxing - the boxing is structured right now, we have the worst contracts in all of sports. And, you know, the thing what Floyd is trying to educate the young fighters on is that they should be able to, you know, be in control of their business. Be able to understand structures of deals. Be able to understand how the revenue flows. And, you know, with that all being said, is he has the opportunity to become the second highest paid athlete in all of the sport this year, which is, like I said, which is a remarkable feat within itself"

"And those are the kinds of things that Floyd doesn’t really get credit for is that the things that he’s doing are not only for himself, but for fighters down the road. You know he’s all ready established his legacy. But from a business perspective, you know, he’s establishing what the model is about for future fighters to come behind him."


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