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Undisputed Champion
Join Date: May 2008
Posts: 1,583
Rep Power: 9
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1 of 2 ways.......
1. someone actually "buys" the gate for a set figure, and they market and sell the tickets, keeping all ticket revenue. (more risk, but more potential profit) 2. someone puts up a "guarantee" number. They keep all gate revenue up to that number, and anything over that number is split between them and the promotion based on whatever split they agreed to. (less risk, but less potential profit) Based on some Arum comments about Jones actually "buying" tickets for the Cowboy guests, this had to be a "guarantee" site deal, otherwise Jones wouldnt have to account to Top Rank for anything. He could have done whatever he wanted with the tickets. Last edited by OnePunch; 03-15-2010 at 02:13 PM. |
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