Logan Paul moving to Puerto Rico, fight back on? - page 4.

crwth

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Upon checking the Google results, it shows this video.

https://www.youtube.com/watch?v=gBy4Hp3Klgg

I also saw this comment

Quote

He's about to be get MILLIONS from his Mayweather fight, so he decided to temporarily change his address to Puerto Rico so he doesn't have to pay more than 50% of that money to California, this guy is a genius, also I bet he will be moving back to California, or maybe Texas to avoid the high taxes, just give it a couple months, maybe a year? This is so obvious lol

Probably getting this payday of his life and he doesn't want to share it with the government. He will definitely come back to California. It's a smart move I guess. I don't think he will just uproot his life easily. Just like in the video, his friend said that "you are just throwing all this away". Which is not going to be the case.

Russlenat

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Logan Paul is not focus on his boxing career, he maybe have exhibition fights but it's not as frequent as real boxers where they train all their lives, so for me this isn't related to Mayweather's fight as moving on is like permanently living in a certain country or living it longer, and in his case he can enjoy a cheaper taxes for on this earnings on his lifetime.

As of now, I'm not hearing any news that the fight will pursue, it was hype before but it seems the hype is already gone.

Ryker1

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Well, perhaps there is no other reason behind it just because he really wanted to move to Puerto Rico and leave LA. He said that he ^{[fell in love with that area]}. This is not related to his upcoming fight, this is all about the taxes that he going to pay in the next payday against Floyd Mayweather. Perhaps he cants escape the tax, he is still reliable to pay tax on LA since he is not a complete citizen of Puerto Rico. But if he thinks in the next future fight he at least saves the possible tax when he is completely one of those citizens where he moved now.

AliMan

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Quote from: OgNasty on February 21, 2021, 04:21:23 AM

Logan Paul announcing he’s moving to Puerto Rico to save on income taxes seems to me like a move one would make if they were planning a big payday. That makes me think the fight with him and Mayweather may actually happen. That or he’s got some other big business moves in the works, but I can’t think of any.

What do you think? Will this fight still happen?

Maybe yes or not, there's no assurance at all because if they won't negotiate very well with the contract payment on what each side nay earn for possible fight, it won't happen. Mayweather is a highest paid boxer himself, and he even do promotions of any fight for novice boxers. That's he was never beatin because of strategic approach on boxing.

CarnagexD

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Or he just really wants to enjoy his payout to the fullest. Don't get me wrong, Logan is slowly coming up to be a formidable fighter despite a tragic past being a YouTuber. but at the end of the day, if he's going up against the giants in the league I can't expect him to win outright. Unless he has some trick up his sleeve that could fell a giant.

Quote from: ecnalubma on February 21, 2021, 12:37:44 PM

Maybe he’s planning ahead for a big payout with Mayweather match. As nothing has been official yet if the fight might happen or not we cannot conclude. Even if the fight has low interest still its a fund raiser with a staggering amount.

Exactly, even up against Mayweather we all already knew he had a very slim chance if he had any. and the only logical reason why he's moving to Puerto Rico given the situation would be to avoid paying high income taxes after bagging out the prize for fighting Floyd. That's all there is to it folks.

OgNasty

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Quote from: Fundamentals Of on February 21, 2021, 07:45:04 AM

I don't think Logan Paul's decision to move to Puerto Rico is connected to his possible match against Floyd Mayweather. I guess it is purely about avoiding high taxes. If it were connected to the potential Mayweather match, the arrangement of the fight should already have been ironed out. But I think it has not yet reached to that point so why would Logan make a huge decision on the basis of something not sure to happen?

That was sort of my point. Watching him discuss his move on his podcast, it is clear the move is about taxes. You'd have to be expecting a big payday to do something like that. For that reason I think the fight will happen. If not, he's uprooting his entire life to move away from his friends to someplace he is certain to make less money and become less popular. Knowing the kind of person he is, this would only happen if he's going to get the payday of his life.

ecnalubma

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Maybe he’s planning ahead for a big payout with Mayweather match. As nothing has been official yet if the fight might happen or not we cannot conclude. Even if the fight has low interest still its a fund raiser with a staggering amount.

madnessteat

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I don't think his move is related to the fight, and I don't see anything strange about Logan Paul deciding to move to Puerto Rico. Many people try to move to a place where they can pay less taxes. I don't know all of Logan's income, but if he moves, he can reduce his tax burden by not paying federal income tax, which in my opinion is a very smart move.

acroman08

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Quote from: freedomgo on February 21, 2021, 11:24:42 AM

I thought the fight was already cancelled because of the reason that there's lack of interest on the fight,

it was postponed but not cancelled but it was most likely was postponed due to lack of interest in the fight. after reading several articles. according to logan paul after the fight was postponed that he is waiting for the date and "a decision was made to postpone the fight until they could host a larger crowd once COVID-19 restrictions are lessened, which will help increase the revenue:" also, Mayweather said that he knows the fight will happen and just wanted to make sure everything is where it should be"

https://bleacherreport.com/articles/2932615-floyd-mayweather-on-logan-paul-fight-i-know-its-going-to-happen

Quote from: OgNasty on February 21, 2021, 04:21:23 AM

What do you think? Will this fight still happen?

unfortunately, it will since ether fighters are confident it will happen and a post above mine shows they are already selling PPV ticket and there are article hinting that it will happen.

dunfida

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Quote from: YuginKadoya on February 21, 2021, 06:45:58 AM

I don't know about you but if you would look at this site there are advanced Pay per view on the fight but I don't know if this is legit because the starting date would be Dec 29th I don't know if it's the fight or the selling of the tickets.

https://fanmio.com/products/floyd-mayweather-vs-logan-paul-special-exhibition-fight
there are plenty of merchandise and products that are for sale on the site, and it looks really legit if this site is official then the exhibition fight will be on the horizon.

If there is a sale then most likely this fight had been set out already because they wont really be accepting out payments if the fight isnt finalized because we know that it would really be
ending up on a fraud and that would really be a big problem not only on the masses but also in law as well.
Im not surprised if someone would really move out into other country just to avoid some big pay cut which is understandable.No matter if this mayweather fight is the reason or
others then it doesnt matter.

electronicash

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Quote from: FlightyPouch on February 21, 2021, 08:39:44 AM

He has his Mavericks business, right? Maybe that is about that and also that includes his future fights and his YouTube Channel. Some say that they won't be continuing with the fight saying that it is not getting a lot of interested viewers and not getting enough money for maybe, Mayweather to be interested in this match.

Mayweather's been so active with exhibition matches lately, with Logan and 50 cent, I guess none of these will even happen.

exactly for Logan, there will be no fights. it's more of his promotion to his channel, marketing gimmick like Justin. he knows Mayweather is a touchy bitch. that is why he is incapable to do exhibition matches, the moment he has the chance to box you right to your face he will do it we've seen him do it in some of his fights. even if they say it's an exhibition fight, he will not allow any loss to stain his record.

for Logan Paul, moving to Puerto Rico can help him at least reduce his tax fees. its no problem, he has the money he can do whatever he wants.

freedomgo

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I thought the fight was already cancelled because of the reason that there's lack of interest on the fight, I guess that's more likely the reason than on the tax issue or saving of taxes. If their fight will generate more money, I don't think paying a tax would be a problem, so I agree with the poster above that him moving to other country is not related to their cancelled fight.

FlightyPouch

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He has his Mavericks business, right? Maybe that is about that and also that includes his future fights and his YouTube Channel. Some say that they won't be continuing with the fight saying that it is not getting a lot of interested viewers and not getting enough money for maybe, Mayweather to be interested in this match.

Mayweather's been so active with exhibition matches lately, with Logan and 50 cent, I guess none of these will even happen.

Fundamentals Of

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I don't think Logan Paul's decision to move to Puerto Rico is connected to his possible match against Floyd Mayweather. I guess it is purely about avoiding high taxes. If it were connected to the potential Mayweather match, the arrangement of the fight should already have been ironed out. But I think it has not yet reached to that point so why would Logan make a huge decision on the basis of something not sure to happen?

Beparanf

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Quote from: Hippocrypto on February 21, 2021, 07:06:24 AM

Quote from: Twinkledoe on February 21, 2021, 04:53:18 AM

I don't think the fight with Mayweather will come into fruition. Seems no one wants to watch their fight so it was shelved. And for Mayweather, if there's no money, he won't do it. Maybe Logan Paul just don't want to pay hefty taxes and that's it.

Money is everything for Mayweather, so it's not possible for him to do it. Popularity is the main key for this man for a good fight, and I think much better if the good match will be highly paid in order gather more bets for the demand of the fight in order for hype to dominate. More promotions means more money to come, so that's purely a best deal in sports business.

First of all, This match up will never be a good match no matter what angle we view it. We already saw this kind of match when mayweather fought Conor(non-boxer) and end up to a boring match since Connor can't handle the fatigue anymore. People already know how boring will gonna be the result and I'm sure mayweather knew it too so I believe this match is just a myth.

Hippocrypto

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Quote from: Twinkledoe on February 21, 2021, 04:53:18 AM

I don't think the fight with Mayweather will come into fruition. Seems no one wants to watch their fight so it was shelved. And for Mayweather, if there's no money, he won't do it. Maybe Logan Paul just don't want to pay hefty taxes and that's it.

Money is everything for Mayweather, so it's not possible for him to do it. Popularity is the main key for this man for a good fight, and I think much better if the good match will be highly paid in order gather more bets for the demand of the fight in order for hype to dominate. More promotions means more money to come, so that's purely a best deal in sports business.

YuginKadoya

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I don't know about you but if you would look at this site there are advanced Pay per view on the fight but I don't know if this is legit because the starting date would be Dec 29th I don't know if it's the fight or the selling of the tickets.

https://fanmio.com/products/floyd-mayweather-vs-logan-paul-special-exhibition-fight

there are plenty of merchandise and products that are for sale on the site, and it looks really legit if this site is official then the exhibition fight will be on the horizon.

robelneo

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Quote from: OgNasty on February 21, 2021, 04:21:23 AM

Logan Paul announcing he’s moving to Puerto Rico to save on income taxes seems to me like a move one would make if they were planning a big payday. That makes me think the fight with him and Mayweather may actually happen. That or he’s got some other big business moves in the works, but I can’t think of any.

What do you think? Will this fight still happen?

We will not know until they announced it but it's a good move provided that the fight will not be held in the US territory, taxes in the US is very high, and Logan Paul does not appreciate it, let's admit Logan Paul is not full-time fighter his fighting days could be over once he met a real deal so he wants to maximize his profit and relocation is a good option.

Twinkledoe

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I don't think the fight with Mayweather will come into fruition. Seems no one wants to watch their fight so it was shelved. And for Mayweather, if there's no money, he won't do it. Maybe Logan Paul just don't want to pay hefty taxes and that's it.

Janation

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Quote from: OgNasty on February 21, 2021, 04:21:23 AM

What do you think? Will this fight still happen?

Been reading some articles about it in the past few days and I think of it not actually related to his fight.

This plan might just be tax evasion and a lot of people are really wanting to evade taxes especially those rich people not even in LA and since taxes in LA really hurts and as said by Logan in an interview:

Quote

"It's getting crazy here in California you know, paying taxes and for what?" Logan said. "Potholes in the streets are not fixed. There are homeless people everywhere ... like I don't know. I don't love it."

He still has his YouTube channel, as far as I know, they are also taxed with that since they are considered Self-employed. I don't know the exact idea of taxation of being a YouTuber in the US but that might one of the reasons why Logan is going to Puerto Rico and some Puerto Ricans are not happy with it.

Topic: Logan Paul moving to Puerto Rico, fight back on? - page 4. (Read 504 times)