Chapter 508 How dare you swallow the money? How daring!
The interview session finally ended, but Du Sheng did not get a chance to rest.
Next, he will need to work with Dana White's team to complete magazine interviews, cover shoots, and subsequent promotional activities.
But these can be dealt with tomorrow.
In addition, the distribution of profits tonight also needs to be discussed.
According to Don King's preliminary calculations, tonight's box office revenue, advertising sponsorship and pay-per-view (PPV) revenue have been preliminarily calculated.
There will definitely be big gains.
After deducting the 680% allocated to the UFC agreement, the income of boxers such as Spider and all expenses, there is still a net income of roughly million US dollars.
This figure is more than ten times better than the appearance fee of hundreds of thousands!
At this moment, not only Dana White was jealous, but even the UFC directors felt a little regretful.
However, this was brought in by others through hype, and it was all operated by Tangya Company, so they have no way to regret it.
After all, UFC only provides the competition platform and player pairing, which other mixed martial arts organizations can also do.
If things get out of hand, Du Sheng's current fame and switching to another team will only strengthen the opponent's strength.
Therefore, when Du Sheng came to discuss profit distribution, they always maintained a friendly attitude.
Because the person in front of you has become one of the core players in UFC.
Whether the UFC can further expand and become profitable will largely depend on his performance.
After the pleasantries, Dana White looked at Du Sheng with a smile on his face:
"The profit of this event has been calculated. After deducting necessary expenses such as venue rental, boxer profit sharing, box office, and on-demand broadcasts, the profit is 890 million US dollars.
According to the previous agreement, your net gain is..."
Tonight's entrance revenue alone is 1300 million US dollars. Taking into account PPV on demand, advertising brought in by Du Sheng, the established UFC contract, TV broadcasts, etc., the total revenue exceeds 1600 million US dollars.
This $890 million profit is obviously the pure profit of UFC and Tang Ya.
Despite this, there are still 680 million US dollars that belong to Du Sheng alone!
It is more than ten times higher than the fixed appearance fee of US$50.
Add in the winnings from betting, and even after deducting taxes, there’s still $2100 million!
Where to grab this?
Tang Jin quickly calculated in his mind and couldn't help but sighed:
“Amazing, with your current worth, Du, you are definitely in the top three in MMA.
Even compared with those famous boxing stars, he is not much inferior!"
What he said was not an exaggeration.
Currently, the most famous people in the entire MMA system are Fedor Emelianenko, Tito Ortiz, Randy Couture and others.
But their appearance fees are only three to four million at most.
The most important thing is that PPV sharing is rarely involved.
Even with sponsorship fees and other revenue, revenue from a single match is unlikely to exceed $800 million.
"Haha, Lao Jin, you made a lot of money this time."
Before placing the bet today, Du Sheng heard from his assistant Anika that Don King asked her to help buy a single bet of $200 million.
Anika also bought $15, just like Wang Yaoyang and others, and bought a one-round KO.
It can be seen that there are some things that everyone knows tacitly.
However, although Du Sheng's money seems to be a lot, it will flow like water if he spends it.
Especially considering the hundreds of millions of dollars invested in the acquisition of MGM, this money can only be considered as a bonus.
"Boss Bai, can you arrange a no-rules challenge or a cross-border challenge next?"
After the small talk, Don King asked the key question.
Dana White saw Du Sheng looking over and knew what he meant. He thought for a moment and said:
“The no-rules challenge on the UFC side can be arranged, but the timing depends on the situation.
As for cross-border challenges, we can send messages to the four major boxing organizations, but it is hard to say whether it will succeed."
As the new No. 1 in the UFC middleweight world rankings, Du Sheng’s opponent must be at least of the same level.
In other words, the opponent in a no-rules challenge must at least be the No. 1 in the light heavyweight or heavyweight class.
As for cross-border challenges, since boxing currently has the greatest influence and boxers generally have higher incomes, if the UFC takes the initiative to initiate a challenge, all parties will definitely suffer a little.
For example, if Du Sheng wants to challenge Tyson's successor, De La Hoya, Mayweather and other boxing superstars, it will be difficult to make it happen unless he offers a very high reward or the two sides are mortal enemies.
After finishing all the trivial matters, it was almost nine o'clock in the evening.
What’s strange is that Ma Yaowei, Zhang Haolong and others who went to claim the prize have not returned yet.
According to what Wang Yaoyang had said in his previous contact, the amount involved was probably too large to be raised in a short period of time.
In addition, I don’t know what the two socialites, Nikki and Amanda, were thinking, but they actually invited him to the pool party tomorrow night.
Without mentioning the relationship between the two parties, considering the media and fashion resources behind them, it would also be beneficial to expand their popularity in North America and film shooting, so Du Sheng nodded in agreement.
As soon as he left the gym, Don King followed him out:
"The offshore company has been established. You are now both the legal representative and the chairman of the board."
"The people around you are counted as members of Miracle Fighting, including me, so that we can achieve reasonable tax avoidance when distributing salaries..."
In the previous match with Iceman, Du Sheng earned a large sum of money, but also paid a considerable amount of taxes.
In the beacon country, the consequences of tax evasion are extremely serious and the control is very strict.
Therefore, tax evasion is impossible.
Therefore, reasonable tax avoidance measures are necessary.
Just like large domestic companies such as Tencent and Alibaba, their registered places are in the Cayman Islands.
But even so, Du Sheng's income is still huge, and even if he uses an offshore company, his personal income tax rate is still high.
Paying employees wages in advance, thereby reducing the base of taxable income, is one of the reasonable ways to avoid taxes.
According to Tang Jin's approach, Du Sheng still needs to pay a tax rate of nearly 20%.
If it were in the East, he might have gritted his teeth and accepted it, considering it a contribution to the country.
But in the Lighthouse Country, this money will undoubtedly contribute to the Lighthouse Country. He is not noble enough to seek benefits for all mankind.
Just like the stock god Warren Buffett, whose assets are no less than tens of billions of dollars, he only paid $185 million in personal income tax not long ago, and avoided the rest through various legal means.
The wealthy people in the Lighthouse Country all do this, so Du Sheng naturally doesn't need to be polite.
“So how much tax do I need to pay now?”
Last time, through Don Jin’s operation, the tax rate was reduced from over 30% to around 20%. This time he wanted to know the specific number.
"It is probably less than 10% at present, and it is expected to drop to less than 5% or even lower in the future."
"What? Less than 10%!?"
Du Sheng thought he had heard it wrong.
“Yes, actually opening a company and diversifying income in advance is only the first step.
Next, you can sponsor some charitable organizations in the Beacon Country, and if conditions permit, you can also set up a charitable fund.
Only 5% of the funds need to be used for charity, and the remaining 95% can be used for investment.
According to the laws of the Beacon Country, this part of the investment income is tax-free and can also enhance your reputation. People like Bill Gates do this.
Of course, the exact amount of this 5% is up to you.
I have contacted several charities and would like to hold a donation ceremony, which will help to enhance your image in the Lighthouse State. "
“The last option is to hold the stock, which you don’t have to pay tax on as long as you don’t sell it.
But this requires a lot of expertise and investment, and even requires hiring a professional operation team..."
Tang King's words gave Du Sheng a new understanding of tax avoidance methods. It turns out that charity can also be played this way.
This also explains why many wealthy people today have set up charitable foundations to attract donations from all walks of life.
Du Sheng agreed with Tang Jin's suggestion and opened a Huabang branch here.
At the same time, he emphasized that Miracle Fighting Company will not only be a tax avoidance tool in the future, he hopes it can play an important role in the future.
To this, Don King nodded in agreement.
He also suggested that Miracle Fighting could be developed into a fighting agency to attract more boxers to join and create more profit opportunities.
Du Sheng did not deny Don King's point of view, but he founded Miracle Fighting Company not only for profit, but also to prepare for the future acquisition of K1.
According to historical development trends, K1 will decline in the next few years.
But even if it declines, it still has four continental divisions and is still one of the four major fighting events in the world.
What the East lacks most is its complete system.
It will take at least a dozen years for the "Kung Fu" program to develop and accumulate international fame.
And once it is swallowed up, the transformation will be completed quickly.
"Brother Sheng, something happened!"
Du Sheng had just said goodbye to Tang Jin and was about to return to the hotel when Wang Yaoyang approached him with a serious expression.
"About the prize redemption?"
Du Sheng saw Deng Jiayi, who was following Ye Jingzhi to arrange the connection, behind him, and said thoughtfully.
Deng Jiayi is the investment manager of the Lighthouse Country hired by the Ye family. Hearing this, he nodded:
"The amount of money you won this time was too large, and the betting station refused to redeem it because of technical problems, claiming that you used a fake identity and placed bets from multiple accounts."
Du Sheng frowned:
"It should be more than that."
According to his understanding, even if it is an external bet, those bookmakers will never break their promises easily in order to attract customers and maintain their reputation.
Unless you want to make a quick buck and run away, you will never do such a low-quality job that will drain the cash from your pocket.
What's more, this time they placed bets at the legal handicap opened in the gambling city as usual.
With the capital and reputation of the Caston Hotel, there is no reason for it to do anything tricky.
Wang Yaoyang hesitated and said:
“As far as I know, this time all the yellow people are refusing to honor their bets.
The number of people involved exceeds hundreds, and the amount exceeds 100 million US dollars..."
"So, there is also racial discrimination in it?"
Du Sheng narrowed his eyes when he heard that the bets placed by white people and Mexicans could be exchanged. "It's about the same. It's just that we are outsiders and don't have any power to protect us here."
Deng Jiayi sighed. This was obviously not the first time that racial discrimination had occurred.
In the beacon country, the status of Chinese people is quite low both politically and economically.
If divided into first-class whites, second-class blacks, and third-class Asians, Chinese are still at the bottom among Asians.
In fact, most of the Chinese who won the prize this time are boxing fans who are optimistic about Du Sheng.
After all, Du Sheng has been a dark horse too many times along the way, especially the last time he KO'd the Iceman in one round, which made many people willing to place big bets.
Fortunately, they bet on the right ticket, but unfortunately, it was just like a child walking through a busy city with money.
In this era, most of the winners of jackpots exceeding 100 million US dollars are of Chinese descent, so if they are cheated, they are cheated.
Du Sheng also guessed this and thought about it:
“Who is behind these betting stations?”
Although Las Vegas has many legal casinos and gambling venues, its gambling system and regulatory mechanism are not yet perfect.
In other words, many gambling venues are controlled by both black and gray forces.
Perhaps there are conflicts of interest among local law enforcement agencies.
"One of the five major sects in the Lighthouse Country, a blood sect that spans the east and west coasts and covers dozens of major cities."
Deng Jiayi had already investigated it clearly before coming here, and said:
“The members of the branch stationed in Las Vegas are mostly white and have strong racist tendencies.
In previous years, they were also involved in crimes such as drug trafficking, robbery, and murder..."
"Recently, due to crackdowns, they have begun to turn covert from open to covert, and on the surface have invested in entertainment, casinos, tourism and other industries."
"No wonder they are so rampant, they are so confident."
Wang Yaoyang was full of worries.
Because this time he also bet $10.
If he were to lose both his principal and interest, he would cry his heart out.
Du Sheng looked around and suddenly asked:
"Where are Yao Wei, Hao Long and the others?"
"Just now the Chinese crowd was surging, and they were too angry to argue with the people at the gambling site, but unexpectedly a group of police rushed over and arrested them without saying anything."
Speaking of this, Wang Yaoyang felt quite aggrieved:
"Damn it, this place is just a place where people are eaten without leaving any bones."
It goes without saying that the policemen have a close relationship with the "Blood Gang" behind the gambling venues.
Maybe they even received an offering.
“Is this a serious problem?”
Du Sheng frowned even deeper and looked at Deng Jiayi and asked.
"I have hired a lawyer. The problem is not serious. I will be back later."
Deng Jiayi hesitated and said:
"But if they continue to make trouble, they will probably be detained."
In other words, if there is no big background intervention, we can only swallow the bitter pill.
"As a general rule, doing this will damage the reputation of the Blood Guild to some extent."
Du Sheng did not comment, and then said:
"Aren't they afraid that if things get out of hand, they won't be able to do business anymore?"
"Last time Spider defeated Iceman and took the gold belt, making Bloody Jack a ton of money. This time he was planning to do the same thing, but he failed miserably and ended up losing a lot."
Deng Jiayi understood what he meant and said:
"Also, my friends on the street said that a batch of Bloody Jackets was seized by our mortal enemy, the Cripple Gang, resulting in a loss of over 100 million US dollars, so..."
Du Sheng understood, with a sneer in his eyes.
It turns out that Bloodthirster was planning to rely on Spider's title defense to make up for the loss of that batch of goods.
Unexpectedly, the car crashed directly, and the losses were more than doubled, which could not be compensated in a short time.
After learning that the largest number of winners were of Chinese descent, and influenced by racial discrimination, he began to have evil thoughts.
As for the loss of credibility?
In the face of a major crisis, the choice is obvious.
Not only did they neglect to place bets due to technical and risk reasons, they also lost all their capital.
Anyway, the Chinese are used to being suppressed, and with the control from both the black and white sides, they can't cause any trouble.
"Brother Sheng, what should we do?"
Wang Yaoyang knew that Du Sheng would not give up, so he said with some eagerness.
"Go and bring Yao Wei and the others out first, and be careful not to cause any conflict."
Du Sheng hesitated for a moment and ordered:
"As for the prize redemption, you can contact the embassy and state and federal authorities and hold a press conference tomorrow..."
If the Blood Bandits think that they will choose to swallow their anger like the Chinese in the past, they are very wrong!
What he just mentioned was to use the method of breaking the surface by a point to directly expose the problem.
Of course, this is only apparent.
There is a saying that goes "I won't offend others unless they offend me."
Since the other party wants to play, then he will play along!
Thinking of this, Du Sheng asked Deng Jiayi a few questions related to the blood flag.
For example, how the blood gang's batch of goods was robbed, will there be any follow-up actions and clues?
Although Deng Jiayi felt strange, she was not afraid of offending anyone as she had the connection with the Ye family, so she spoke out without reservation.
She even used some local connections for clues.
"Death Valley, used to trade with Mexican flour?"
Du Sheng was moved when he heard that the Xuejian branch might take a risky transaction recently in order to make up for its losses.
Death Valley is located in the Mojave Desert, just outside of Las Vegas.
Many local businesses involving black and gray industries do choose to be carried out in these suburbs.
Du Sheng glanced at the time and had some ideas in his mind.
It is said that you do the first day and I do the fifteenth.
Either don't do it, or make a big deal out of it!
Before I knew it, it was 11 o'clock in the middle of the night.
There is no moon tonight and the sky is covered with dark clouds, making the entire Death Valley look dark.
Du Sheng disguised himself as a Mexican and sat in a car with the engine turned off and parked on the left side of Death Valley Park.
Not long ago, he found a small leader of the Blood Jackdaw and after a 'polite' conversation, he finally learned the details of the situation.
It turns out that the dispute between the Blood Band and the Crips was caused by the flour transaction with the Moses Band.
The latter was dissatisfied with the price difference and directly destroyed the transaction chain between the two parties.
Today, the various branches of the Blood Gang are facing tremendous supply and financial pressures, and have no choice but to temporarily trade with the Moxico Gang.
buzzing...
Twenty minutes later, with the roar of car engines, several cars approached with their headlights on.
The leader of the Mexican gang, Moyano, got off the car with Anthony, Diego, Azte, Tenoch and others.
He waved his hand, and Azt and Tenoch dispersed with their respective teams to find cover.
Judging from the outlines around their waists, they were obviously carrying weapons.
Moyano took Anthony and Diego with him, each carrying a suitcase, waiting for the buyer to arrive.
Once the banknote is confirmed to be correct, a signal will be sent to complete the transaction, while allowing people around to provide protection.
In theory, such transactions usually take place in private places, but this time neither party trusted the other, so they chose an open area.
Moreover, everyone in the underworld knows that the Blood Jacket branch in charge of Las Vegas is extremely racially discriminatory and looks down on people of other skin colors.
Especially the leader of the Blood Gang branch, Lismu, who is not only arrogant and domineering, but also has a dark history of robbing sellers.
In addition, the other party's favorite is Columbia products.
This time, the Blood Jackdaw branch chose to trade with the Mexican gang only because they had no choice.
If the Blood Jackdaw branch hadn't required a large quantity of goods this time, Moyano wouldn't have bothered to pay attention to it.
But now that we are here, it is necessary to take some precautions.
At this time, Du Sheng put down the telescope in his hand because several cars appeared on the other side.
The transaction location is less than two hundred meters away from here, which means that danger can come at any time, but also represents a huge increase in opportunities!
"Ryan, go check first to see if anyone from Mexico has arrived."
Although Lisme behaves arrogantly, he is not reckless.
The dust at night blurred the vision. To ensure safety, he decided to send Ryan to confirm the situation first.
Because Lisme suspected that the reason why the last transaction failed was because Moyano informed on him, and he planned to sell the goods to two companies.
So they came this time with bad intentions.
Trade first, then take advantage of the situation to kill the other party and get your money back!
You can easily earn tens of millions of dollars in goods. Isn’t this more comfortable than making money by opening a market?
As for falling out with other factions after looting, this is a basic North American practice.
As long as you are brave enough and carry enough guns, it's not a big deal.
Therefore, before coming, Lisem had already asked Imaja, Elijah and others to ambush near Death Valley with their men.
He and several of his men carried two suitcases containing more than 3 million US dollars and went to the transaction site.
.........
(End of this chapter)