Let's take a guess here and see if a $10 million offer for GGG is fair or not..
Now I'm completely guessing on these numbers of course because nobody can know now what everything will add up to but anyway
Site fee: probably around $15 million.... Jerry jones said he's gonna go after the fight aggressively. Manny-Floyd had a more than $25 million site fee paid in Vegas so I'm guessing $15 is fair here...
Live gate: probably around $10 million.... Khan-Canelo did around 7.5 supposedly and this fight is way more anticipated and the prices for tickets will be a bit higher for good ones anyway...
PPV: $35 million this is where everything could shift one way or the other..I'm gonna say it does 1 million buys...if it doesn't then boxing is just done, every huge fight over the last 10 or so years has done over a million basically... Yeah I know Cotto-Canelo didn't but some estimates had it around 900,000 so benefit of the doubt here because this is by far the biggest fight in the sport...
Not sure what other profits can be had?probably is another few million in advertisement deals , merchandise sales etc... So let's just say $2 million
So in total I have around a generated $$$$ value of $60 million for this fight...
Not sure what it would cost for promotion and stuff but even if it was $5 million we still have best case scenario around $50-55 million revenue....
If GGG gets $10 that's a 20% or so slice of the pie and Canelo gets around $40-$45 million before GBP and K2 get their piece from the fighters purses....
Not knowing the particulars of the deal GBP offered and more importantly the PPV revenue split, I don't think K2 is wrong in countering the offer with a percentage split...
This is coming from a GGG fan but not one who is a fanboy or illogical thinker...I think $10 million is a lot of money and GGG will not make that anywhere else but guess what, Canelo is not making $40-45 million anywhere else either.... So I hope they can come to a fair deal for the both of them and give the fans what they want so we don't go through the same stuff May-Pac gave us...
Now I'm completely guessing on these numbers of course because nobody can know now what everything will add up to but anyway
Site fee: probably around $15 million.... Jerry jones said he's gonna go after the fight aggressively. Manny-Floyd had a more than $25 million site fee paid in Vegas so I'm guessing $15 is fair here...
Live gate: probably around $10 million.... Khan-Canelo did around 7.5 supposedly and this fight is way more anticipated and the prices for tickets will be a bit higher for good ones anyway...
PPV: $35 million this is where everything could shift one way or the other..I'm gonna say it does 1 million buys...if it doesn't then boxing is just done, every huge fight over the last 10 or so years has done over a million basically... Yeah I know Cotto-Canelo didn't but some estimates had it around 900,000 so benefit of the doubt here because this is by far the biggest fight in the sport...
Not sure what other profits can be had?probably is another few million in advertisement deals , merchandise sales etc... So let's just say $2 million
So in total I have around a generated $$$$ value of $60 million for this fight...
Not sure what it would cost for promotion and stuff but even if it was $5 million we still have best case scenario around $50-55 million revenue....
If GGG gets $10 that's a 20% or so slice of the pie and Canelo gets around $40-$45 million before GBP and K2 get their piece from the fighters purses....
Not knowing the particulars of the deal GBP offered and more importantly the PPV revenue split, I don't think K2 is wrong in countering the offer with a percentage split...
This is coming from a GGG fan but not one who is a fanboy or illogical thinker...I think $10 million is a lot of money and GGG will not make that anywhere else but guess what, Canelo is not making $40-45 million anywhere else either.... So I hope they can come to a fair deal for the both of them and give the fans what they want so we don't go through the same stuff May-Pac gave us...
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