Remember Berto telling everybody Cotto/Arum turned the fight down? Well here Steve Kim of Maxboxing tell us why.
http://www.maxboxing.com/news/main-l...e-than-a-berto
There you have it, no surprise.
"Absolutely, it’s totally arbitrary," said veteran promoter Bob Arum, a couple of weeks ago. "It’s based completely on how the representatives for the fighter can bullshit the network. Because, I mean, you get a kid like Andre Berto and Lou DiBella called me up and he said, ’How much do you think HBO would pay for a [Miguel] Cotto-Berto fight?’ I said, ’How much do you think?’ He said, ’About three million.’ I said, ’What does your guy want to do the fight?’ He said, ’About $1.8 million.’
"I said, ’Are you fuckin’ nuts?! Your guy can’t sell a ticket,’ Arum recalled. “It’s a totally artificial market. This reminds me of the tulips. Do you remember the tulips? Where they were selling tulips for unbelievable money; there was a market being made in tulips and suddenly, one day people said, ’What, are we crazy? They’re tulip bulbs!’ and the market collapsed overnight."
"I said, ’Are you fuckin’ nuts?! Your guy can’t sell a ticket,’ Arum recalled. “It’s a totally artificial market. This reminds me of the tulips. Do you remember the tulips? Where they were selling tulips for unbelievable money; there was a market being made in tulips and suddenly, one day people said, ’What, are we crazy? They’re tulip bulbs!’ and the market collapsed overnight."
There you have it, no surprise.
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