Originally posted by Javii86
View Post
Announcement
Collapse
No announcement yet.
Floyd defends his $40mil offer. "Pac is a $7mil fighter"
Collapse
-
Originally posted by Deevel916 View PostIt is when you're opponent is using you to make in upwards of $100mil off the same fight when in fact your opponent is just as popular and generates just as much money if not more.
Comment
-
-
Originally posted by Deevel916 View PostDoesnt matter. Floyd still has to cut both GBP and Al Haymon a percentage.
"Those streams include foreign sales for a fight broadcast in 168 territories; closed-circuit revenues (in 2,000 or so bars and restaurants nationwide, in theaters and in rooms at Las Vegas casinos); site revenue (ticket sales, merchandise); and sponsorships. Most boxers would see little, if any, of that money, whereas, Schaefer said: “All revenues here are Mayweather revenues. He gets part of everything.” "
Comment
-
Originally posted by .WaRCoTTo. View PostThen he can go on fight 3 more times making people either come up or come down in weight and equal that $40mil..
Meanwhile, Mayweather will fight either Cotto or Canelo and bring in his $30-40mil easy..while they collect a simple $10mil at best..
Mayweather's 0 and marketability is what makes him get the lions share..beat him, take his spot and earn your lions share..
That's part of it but not the most significant factor. Floyd is a free agent and dips intp his own pockets for expenses, that's why he can keep a bigger slice of all the revenue generated. Pac has to pay Bob and GBP, so his slice is smaller.
Think about it this way:
FLOYD
- Floyd pays Haymon 5% to act as manager/adviser. It's been said before he takes btw 5-7% for fighters he manages.
- Ellerbe and Roger i believe would be on a flat fee of about 250K per fight.
- GBP probably takes a flat fee for the promotional work they do and pay for, or a small % of PPV and gate revenue. Additionally Floyd probably dips into his own pocket to pay for a large share, if not majority share of the promotional costs. He would use GBP because of their existing infrastructure, ie human capital, experience and contacts.
- 25K each to Nate Jones and other training assistants.
- Pay any staff who do any work at FMJ promotions.
MANNY
- Pay Bob 27%. His cut as he dips into his own pockets to promote.
- Pay GBP 5%-10% or whatever they are entitled to. They get this weven if they don't spend a cent.
.....the rest pretty much is similar to Floyd's expenses and hangers on.
The first payment for Manny is the killer. Also he really doesn't know how much revenue Bob is taking his cut from. Bob could be taking more revenue than he is entitled to after expenses etc, and Manny wouldn't have a clue.
Comment
-
-
Originally posted by Javii86 View PostSadly for Pacquiao, it's nowhere near the same type of deal. Bob Arum recently stated that he gave $5 Million to Pacquiao off the PPV revenue from the Marquez Pacquiao III fight. A fight that Bob Arum claimed made $75 million in PPV revenue. Here's an excerpt from the New York Times article
"Those streams include foreign sales for a fight broadcast in 168 territories; closed-circuit revenues (in 2,000 or so bars and restaurants nationwide, in theaters and in rooms at Las Vegas casinos); site revenue (ticket sales, merchandise); and sponsorships. Most boxers would see little, if any, of that money, whereas, Schaefer said: “All revenues here are Mayweather revenues. He gets part of everything.” "Last edited by Deevel916; 01-31-2012, 10:44 PM.
Comment
Comment