They're usually paid in percentage of the total profit, so it depends on if the band makes money or not.

Icing happen when de puck come down, BANG, you know,
before de oder guys, nobody dere, you know.
My arm go comme ça, den de game stop den start up.

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Get To Da Choppa!
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I'm pretty sure it varies between managers.

This, a percentage is usually organised in a contract or some agreement like that.
92% percent of the teen population would be dead if Hollywood said it wasn't cool to breathe anymore.
Put this in your signature if you are one of the 92% who wouldn't be breathing.
If you manage my band, at the moment, not much. I hope there's no prospective managers reading this.
is he the first 09'er ?

welcome !

well my friend has a band and he always tells me they pay him a pretty big amount because he books the show and everything, but what do i know