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Author Topic: Logan Paul moving to Puerto Rico, fight back on?  (Read 432 times)
crwth
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February 21, 2021, 10:44:24 PM
 #21

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.

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February 21, 2021, 11:20:19 PM
 #22

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.

He wont really be getting some criticism towards on the action that the had done if he's really trying to avoid taxes deduction and with that staggering 50% reduction then

who the hell wont really be thinking on finding ways for you to save up those deductions? Of course none, if we were on his shoe then we would definitely do the same.

As if, he would really be making out some serious bucks with that Mayweather fight then i cant really blame him off on moving to other place but
for sure he would really just simply go back into his hometown.

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February 21, 2021, 11:21:42 PM
 #23

...
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.

I don't know if this is related but it kind of died down when Logan's brother, Jake Paul scheduled a fight against an MMA fighter, Ben Askren. Then there's this offer of Manny Pacquiao fighting Terence Crawford which I think would interest boxer fans more than the exhibition match that Mayweather will be having against a Youtuber.

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February 21, 2021, 11:41:05 PM
 #24

I don't know if this is related but it kind of died down when Logan's brother, Jake Paul scheduled a fight against an MMA fighter, Ben Askren. Then there's this offer of Manny Pacquiao fighting Terence Crawford which I think would interest boxer fans more than the exhibition match that Mayweather will be having against a Youtuber.
The match up between Logan Paul and Mayweather died down because there were not much interest and they want to create the hype and attract viewers and if they are not able to do that they will wait for the right moment.

Not sure why Logal Paul is moving but does he need to move to Puerto Rico to save taxes  Grin.
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February 22, 2021, 12:24:36 AM
 #25

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.
He wont really be getting some criticism towards on the action that the had done if he's really trying to avoid taxes deduction and with that staggering 50% reduction then
I can say that it was a smart move for him, that's a lot more money in the bank compared to if he is going to still live in California. Probably he has this smart adviser that can make loopholes and is going to have that small cut on his suggestion. We really don't know how he got that idea but it's smart. He is going to hype the fight for sure once it's finalized or something.

The money that he could be getting there is enough for someone to retire and just enjoy I guess.

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February 22, 2021, 04:35:57 AM
 #26

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.
That's my hunch too, he is an influencer after all and they mean business so I think that the move in at Puerto Rico is for the good of his business overall. I would say that the move could be motivated by his boxing career a little because he could have moved a long time ago there, he was making serious dough being an influencer back then and he is also in a lot of controversies so I could assume that it spurred his popularity.

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February 22, 2021, 05:21:37 AM
 #27

That can be a good reason why he's moving to Puerto Rico, to avoid paying huge taxes and maybe the fight between Mayweather are still possible. He earns a lot from youtube and on his boxing career, paying huge taxes is indeed pain to everyone. Smart player indeed, but I think this is a long process and might not take easily this year, a fight between Mayweather.

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February 22, 2021, 05:32:56 AM
 #28

Quote
Puerto Rico to save on income taxes

Its not a bad decision for a few people to consider, there is apparently quite a few from crypto sites in that territory.   As US territory rather then state of the USA its not subject to federal taxes in the way that any other residence would be applicable.   Its a pretty generous tax law comparatively, it does suggest he expects to receive more money in future then previous and is not reliant on a regular city job or location to qualify for that job so it could be a big fight or anything as a streamer he isnt tied down like most people.    Peter Schiff fund manager lives out there, probably a few known people also.

Quote
Residents of the U.S. possessions — Puerto Rico (PR), the U.S. Virgin Islands (USVI), Guam, American Samoa (AS), and the Commonwealth of the Northern Mariana Islands (CNMI) — are 2 generally U.S. citizens, however, they are not subject to U.S. federal taxes on income they earn in the possessions.

http://congressionalresearch.com/RL32708/document.php

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February 22, 2021, 05:40:05 AM
 #29

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.
This seems like the most simple answer, after all if you have to live in a certain place due to your job then you have no option but to pay whatever taxes are charged there, and as we know the taxes in California are very high, but if you are boxer and you can basically live wherever you want then why live in a place that charges high taxes? Live in a place that charges the lowest taxes possible and then keep all the rest of that money legally and use it to improve your live.
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February 22, 2021, 08:03:37 AM
 #30

well thats what i also think because why would he move their for other reason ? i mean there are other good places if scenery is all what he wants but tax will still be a problem to him if he is a big earner .

anyway im not really familliar to this boxer so i search for his past fights but im surprised that he only have 1 fight record ? and he was planned for a fight with a more experienced boxer like mayweather ? but win or loose both of them are still going to get something atleast .
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February 22, 2021, 11:50:12 AM
 #31

I think this fight will not happen anymore, it was not cancelled but it was postponed according to the news.

INFO Floyd Mayweather v Logan Paul postponed: Full details for when boxing icon will fight YouTuber as Conor McGregor has say on bizarre exhibition bout

IMO, this fight is postponed but it's close to being cancelled, I don't see this fight happening anymore due to lack of interest and they are not reaching their target, so this news that Logan Paul is moving to Puerto Rico has no relation to the bout that was postponed.

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February 22, 2021, 12:41:18 PM
 #32

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.

With the latest update linked below, we will see if Logan Paul's decision to leave California for good and move to Puerto Rico will still push through. If it pushes through, then this decision is probably not linked to his possible bout against Mayweather. But if he also postpones it following the postponement of his match, then the decision to move was certainly related to it.

I think this fight will not happen anymore, it was not cancelled but it was postponed according to the news.

INFO Floyd Mayweather v Logan Paul postponed: Full details for when boxing icon will fight YouTuber as Conor McGregor has say on bizarre exhibition bout

IMO, this fight is postponed but it's close to being cancelled, I don't see this fight happening anymore due to lack of interest and they are not reaching their target, so this news that Logan Paul is moving to Puerto Rico has no relation to the bout that was postponed.
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February 22, 2021, 03:45:50 PM
 #33

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.

Yeah, you are right that is what I think as well, that if there is pay per view pay this exhibition match should be underway, and regarding Logan Paul could be out of the country right now maybe he would prepare for this upcoming fight and training his ass to be in shape, He should think twice before entering that ring with Mayweather he will not have a clean hit on him because we all know how Floyd Mayweather fight he is good at dodging punches, So I think Logan Paul would have his reasons and about this PPV sale let's just all wait. 
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February 22, 2021, 05:37:23 PM
 #34

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?

I am not sure if the fight will happen. His relocation might the case because of his other earnings. He can basically do his youtube videoed from anywhere on the planet. So moving into a low tax country might be  good idea. But as a US citizen he is still obliged to make his tax returns in the states.
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February 22, 2021, 05:51:07 PM
 #35

I am not sure if the fight will happen. His relocation might the case because of his other earnings. He can basically do his youtube videoed from anywhere on the planet. So moving into a low tax country might be  good idea. But as a US citizen he is still obliged to make his tax returns in the states.
There’s no really way to get out of taxes , he can just consider it as a help to his country even how high the tax is because that’s how the economy goes now, taxes been part of everyones life. What can be a good solution is to have a huge amount of reward in every fight he will engaged with to earn a lot. If relocation will lessen his tax then good for him as long as he will enjoy his life, there probably more plans of matches that’s why he do it.

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February 22, 2021, 10:35:16 PM
 #36

What do you think? Will this fight still happen?

I don't see the fight happening even at 1% unless Mayweather is willing to accept a low revenue fight which is "impossible" to happen. It's already clear that even with exchange heated trashtalks or attempt to promote the fight, there was no hype and the majority aren't interested or willing to pay to watch them.

Logan Paul will surely have a next bout, but clearly, not with Mayweather.


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February 22, 2021, 10:44:22 PM
 #37

Look, I did a little research here, and in my humble opinion I think this is not related to the fight.
I think he did it to try to pay less taxes, tax evasion or something like that.
I would really like this fight to happen with Mayweather, let's see what the future will show us.

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February 22, 2021, 10:47:28 PM
 #38

Look, I did a little research here, and in my humble opinion I think this is not related to the fight.
I think he did it to try to pay less taxes, tax evasion or something like that.
I would really like this fight to happen with Mayweather, let's see what the future will show us.
You are simply contradicting into those words that you have said. On upcoming fight he had, if he really intends to pay less taxes then this moving to Puerto Rico isnt really that obvious?

Would he moved for nothing? He wont really be doing such action if there were no motives in the first place.If this fight will happen then he's just trying to secure

out cash that he can able to extract without paying ridiculous high fees. Its clear as day that this fight will surely happen.

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February 23, 2021, 02:24:09 AM
 #39

Look, I did a little research here, and in my humble opinion I think this is not related to the fight.
I think he did it to try to pay less taxes, tax evasion or something like that.
I would really like this fight to happen with Mayweather, let's see what the future will show us.

If it's not related to the fight, why else would he leave his brand new house and #1 rated podcast to move across the country to save money on taxes?  What else does this guy have in the works that could possibly bring him any meaningful amount of income?  I'm sure his previous businesses will suffer with him away, so if he isn't doing this to save on taxes from the fight, what does he have in the works that will bring him millions in income to make living/training in Puerto Rico worth while?

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February 23, 2021, 04:21:08 AM
 #40

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.

Also this matchup will really result into a big fight as they both have popular personalities.

This will have a huge advertisement and betting will be so high and this will produce huge number of profits or money.

It is possible that they will only continue this because of money and fame, they will push this so that both fighters will prove something to the people. We all know that entertainment can really produce massive numbers of profit and money especially that Logan Paul is also a social media influencer, specifically a "Youtuber".

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