Waddell investment down to the last 82M? OUT of (521M)

[Eff Pandas]

So explain how you kick out all of the money people and create a league.

If I knew I'd be lining up investors & doing it not talking to you in a boxing forum. How the f#ck does anything happen? People with ideas get interested & make **** happen. Its certainly nothing that'll happen overnight, but like I said if HBO had the money & inclination I think they are best setup to do it now.

To have some fun & speculate I think HBO has the power (just not the investment or seemingly the desire) today to create their own title that'd be more respected than alphabet belts so I'll use them. They'd need to have a better bankroll to acquire more talent so they'd probably need to do more PPV's with their current model. I think you ditch the lil guys. Focus on 147 & up divisions to start. I guess I'd turn HBO into the UFC about 10 years ago & work up from there. I think HBO has a structure in place & fan trust that PBC or a new group trying this sorta thing doesn't or wouldn't have making the job all the tougher for them. I think most of the promoters that matter would welcome HBO taking change & making the best fights & there being more PPV's. Might suck for fans with all the PPV's, but the UFC has shown that monthly PPV's are more profitable more often then boxing's few giant PPV's a year model. Idk just thinking out loud.

[Eff Pandas]

Yet the man you defending as not being a typical promoter just created a league where he did exactly what you just said you hate.

No clue what you are talking about. I think you are suggesting why no Porter vs Thurman at the first PBC event & the best fights possible made every time out from there for their bigger cards. Thing is I don't think thats the road to making the NFL of boxing when Porter & Thurman aren't even the best guys at 147 in most peoples minds at the time as Floyd & Manny were still active & hadn't fought. This isn't as simple a thing as you are suggesting.

I just had a cat asking me how I'd create a NFL of boxing. Let me ask you how you'd create a NFL of boxing? What would you do? Why would you do whatever you would do instead of other options? I mean....and I say for for about the 40th time in this thread probably PBC was always a high risk high reward plan with a high failure rate. Dana White & those casino brothers were wanting to create a NFL of boxing back in the day before they brought they UFC & deemed it not worth the trouble & went into MMA. This isn't the easiest thing in the world to do & I can see various strategies & tactics that could work or not work & they'd be a lot of trial & error going on.

[bigdunny1]

DeGale vs Dirrell
Garcia vs Peterson
Santa Cruz vs Mares
Glowaski vs Huck
Quillin vs Jacobs
Gary Russel Jr vs Gonzales
Broner vs Porter
Quillin vs Lee
Carl Frampton vs Quigg
Anthony Dirrell vs Badou Jack
Jamie McDonnell vs Kameda

ok man. I won't even name the fights that are still yet to happen for this year.

Out of the fights on that list maybe 2 were fights fans really wanted to see or were fights that were considered even going in. And this is the best you have when they had like 100 damn fights. And some of those fights we not even PBC they were showtime fights. The mismatches far out weighed the few good fights. And again he had a chance where he had all the money he needed and all the fighters under one roof PBC could of been what you guys wanted if that's the type of fights and agenda haymon had. But it wasnt.

[aldo5408]

Everyone's favorite nerd
The latest 2016 Q1 results from the mutual funds managed by Waddell & Reed that invested in Haymon:
Acquisition cost (initial value) of combined investment: $528,481,000
Value of combined investment as of December 31, 2015: $82,354,000
Value of combined investment as of March 31, 2016: $69,917,000
To date, the investment made into Media Group Holdings, Series H (which invested in Haymon Boxing) by the three Waddell & Reed funds (Ivy Asset Strategy, Ivy VIP Asset Strategy, Waddell & Reed Advisors Asset Strategy) has lost 87% of its value. Since the previous quarter, it's lost another 15%. On the bright side, Haymon seems to have stemmed the bleeding. It's been quite clear that they've cut back. On the other hand, the investment is still losing money and in the first quarter PBC only put on seven televised shows, six of which were FS1/Bounce. If they maintain this rate of spending, they could last until end of summer next year.
However, it looks like they've got ten TV shows that have already happened or are scheduled in Q2 and more than half look to be somewhat expensive. My guess for their Q3 loss is $25 million, which would get them pretty much exactly to the end of this year if they maintain that r

[bballchump11]

Out of the fights on that list maybe 2 were fights fans really wanted to see or were fights that were considered even going in. And this is the best you have when they had like 100 damn fights. And some of those fights we not even PBC they were showtime fights. The mismatches far out weighed the few good fights. And again he had a chance where he had all the money he needed and all the fighters under one roof PBC could of been what you guys wanted if that's the type of fights and agenda haymon had. But it wasnt.

Are you foreal. Almost every fight there was seen as 50/50. And you were talking crap about Haymon in general. All of those fights were made by Haymon. And PBC had plenty of mismatches as well as HBO. Overall we got more quality fights from the PBC. I much prefer their model of having 20 fights with 5 of them being good compared to 5 fights from HBO with only 2 of them being worth anything.

[bigdunny1]

No clue what you are talking about. I think you are suggesting why no Porter vs Thurman at the first PBC event & the best fights possible made every time out from there for their bigger cards. Thing is I don't think thats the road to making the NFL of boxing when Porter & Thurman aren't even the best guys at 147 in most peoples minds at the time as Floyd & Manny were still active & hadn't fought. This isn't as simple a thing as you are suggesting.

I just had a cat asking me how I'd create a NFL of boxing. Let me ask you how you'd create a NFL of boxing? What would you do? Why would you do whatever you would do instead of other options? I mean....and I say for for about the 40th time in this thread probably PBC was always a high risk high reward plan with a high failure rate. Dana White & those casino brothers were wanting to create a NFL of boxing back in the day before they brought they UFC & deemed it not worth the trouble & went into MMA. This isn't the easiest thing in the world to do & I can see various strategies & tactics that could work or not work & they'd be a lot of trial & error going on.

I'm not even talking about the his best vs the best overall I'm giving him a pass and not even making that argument right now because you have multiple promoters who have the best fighters and you have to deal with politics to make those fights. when you have multiple promoters it's hard to get on the same page and have the same agenda about making a fight at that same time that is best for YOUR company. So put that aside and just focus on his own stable. He had all the fighters under one roof where he didn't need any help from other promoters and large sums of money to pay them and his own platform to air it. So there was no excuses and based on the roster he had he could of made MUCH better fights that would interested and united boxing fans and had a better chance of producing exciting fights to draw new casual sports fans.

Also I feel he could of made better fights if he limited the amount of channels PBC was one. Instead of trying to fill 100 cards he could trimmed the fat and done 24 cards twice a month on one network and made sure those cards were loaded with great fights. Instead you had many filler fights that were headlining that should of been on a undercard of a larger card or undercards that should of been on the NON televised undercard, or bad cards that were pointless and should of been scraped all together. And having one network would of meant you get a carry over effect and build a network following for those fighters who new fans know where to find them the next time they fight. If you were NBC fan and liked one of those fighters last year you never saw them again because they went to Showtime, Spike, FS1 or who knows where. You are not going to get a casual fan just starting out to follow all these different fights on lord knows what network on random days and times.

Those are just some common sense changes I would of made if I were starting PBC.

[Bullrider]

There has to be a big fight coming to recover the loses. It's supposed to be a long-term investment. Question is how long?

[bballchump11]

There has to be a big fight coming to recover the loses. It's supposed to be a long-term investment. Question is how long?

It was reported that they funded the PBC to be able to sustain itself for at least 5 years while taking losses.

[bigdunny1]

Are you foreal. Almost every fight there was seen as 50/50. And you were talking crap about Haymon in general. All of those fights were made by Haymon. And PBC had plenty of mismatches as well as HBO. Overall we got more quality fights from the PBC. I much prefer their model of having 20 fights with 5 of them being good compared to 5 fights from HBO with only 2 of them being worth anything.

in the quote you responded to it's clear I'm talking about PBC and how Haymon blew the opportunity to create a great new league. Fights that fall under the old showtime format or other fights on other networks then PBC don't count. The fact you have to grab fights from showtime and other networks shows you how weak the fights were that were actually on PBC. And man you don't have to lie many of those were not 50/50 fights. For example Danny Garcia was a HUGE betting favorite going into the fight with Peterson no where near 50/50.

http://www.ibtimes.com/danny-garcia-...e-tape-1875853

Garcia is a heavy favorite, having been given -400 odds to win at Bovada.lv. Peterson comes in at +300.

And that's just one of the fights you named. And that's bogus you didn't get more quality you just got more quantity they just put on more fights then all the other networks combined yet that's why the list of memorable or top notch fights you provided was so weak. LMAO With the amount of fighters he has in the same weight classes he could of made much better fighters and had no restrictions from doing so. He simply chose not to and thought mismatches protecting his top assets was the better route.

[bballchump11]

in the quote you responded to it's clear I'm talking about PBC and how Haymon blew the opportunity to create a great new league. Fights that fall under the old showtime format or other fights on other networks then PBC don't count. The fact you have to grab fights from showtime and other networks shows you how weak the fights were that were actually on PBC. And man you don't have to lie many of those were not 50/50 fights. For example Danny Garcia was a HUGE betting favorite going into the fight with Peterson no where near 50/50.

http://www.ibtimes.com/danny-garcia-...e-tape-1875853

Garcia is a heavy favorite, having been given -400 odds to win at Bovada.lv. Peterson comes in at +300.

And that's just one of the fights you named. LMAO

It's not my fault that Garcia is overrated. Anybody who knew anything about boxing realized that Peterson would be tough for Garcia. Those were Haymon's 2 best 140lbers too btw.