Anyone with a brain knew that the 32 mil flat guarantee for floyd for any fight would cause cbs/showtime to lose money.. Whatever executive signed off on that deal should be fired if he hadn't already..
For 32 mil a fighter needs to do huge PPv numbers something in the neighborhood of 1.2 mil buys,,, there isn't a fighter alive that could consistently do those numbers without another big name opponent sharing the card,,,
Give floyd- manny, canelo, Oscar, cotto, mosely and yeah he will justify the 32 mil guarantee... But if it's a fight with a lesser known fighter like Maidana, ghost, Ortiz, etc no matter how competive the matchup, it won't draw the money needed to cover Floyd's 32 mil..
It's not Floyd's fault as he is took a deal he couldn't refuse,, the showtime executive that signed off on the deal should be fired...l
It was a no brainer when they signed him that they had the canelo and a manny fight as the only big draws left as floyd had already fought shane, cotto, Oscar on hbo....
You can't blame floyd, only showtime for making a stupid deal
I said it in another thread the 3 headed monster of (haymon,schafer,mayweather) thought that they could run boxing and showtime who's new president at the time that deal was made was Golden Boy's old lawyer so cmon it was obvious what they were trying to do. Consolidate everything to one network give floyd that huge deal and have him be the face like oscar was the face for hbo at his peak but guess what happened Oscar figured out what was going on and gave richie the boot and even though floyd saved grace with showtime with the canelo fight after the crappy numbers he got with his debut fight he still hasnt lived up to his end of the contract and now that golden boy is under oscar Haymon and Floyd are on their own and stephen espinoza president of showtime cant say **** because Moonves is working on getting the pac deal done himself to get his money back.
Its pretty simple FLoyd ego and his line of bull **** that he "runs boxing" blew up in his face.
http://www.boxingin sider.com/columns/business-of-boxing-how-does-the-pay-per-view-deal-work/
The cable companies don't run PPV commercials out of charity, they do it because the more it sells the more they make.
Showtime produces the 24/7 or all access and do pay for part of the promotion, but they make it back with around 5% after a certain amount of buys
HBO and SHO don't really make any money on PPV, they get their brand out and then get the replay so that gets people to subscribe.
MGM Resorts International owns a bunch of a casinos on the strip. When there is a big fight the whole city fills up, it is in their best interest to keep Vegas packed.
Here is the links to the four wall deals that you obviously don't know anything about since you are usually making shit up.
http://www.doghouseboxing.com/DHB/Kim030411.htm
http://mmapayout.com/2008/09/pacquaio-de-la-hoya-gate-17-million/
Half of 7 million is 3.5 million.
Try to keep up.
What evidence do you have? You spew a lot of crap without any numbers to back it up. Sure they can make money in Mexico but they don't make $20 million that Pacquiao is supposed to be guaranteed.
Yes Arum said $5 dollar ppvs in China but how many are they selling? Are they even selling 100k? Obviously it's not enough if they aren't fighting exclusively in china.
Sure it is.
That's why Pacquiao's next fight will be in the states. If he was really making all that make believe money he would never come back.
It is way too late for me to get too far into this but calm down. I wasn't saying you didn't know sh*t or that I knew everything. I didn't make any numbers up and every time I've said something I never stated anything as fact. You provided some links about things I wasn't aware of, you get smarter by talking to smarter people. For example the 4 wall deal, I had no clue about that as I thought everyone just did a site fee. On the same token I don't believe things like HBO and Showtime don't make money, but you definitely brought up great points.
Aside from that I never claimed I stated anything as fact, quote me if I did. I'm too tired to get into this anymore but good luck man, solid post and I learned something. I can't hate on anyone for that.
You're better than this King. Maidana is a talented boxer with Ko power in both hands, solid defense, and lacking in stamina but with tons of heart and full if ill intent. He bodies anyone at 147 not named Mayweather and Bradley.
No wonder Maidana was knocking all them fighters .... with his punchers gloves. No way is he fighting with those against me .... health comes first" - Floyd minimize risk Mayweather
Floyd took away Maidana's best chance before he even stepped into that big ring ..... Then Kenny STOP STOP Bayless handled the rest!
.
Is anybody surprised? Maidana is a terrible fighter and fights like a caveman.
You're better than this King. Maidana is a talented boxer with Ko power in both hands, solid defense, and lacking in stamina but with tons of heart and full if ill intent. He bodies anyone at 147 not named Mayweather and Bradley.
Anyone with a brain knew that the 32 mil flat guarantee for floyd for any fight would cause cbs/showtime to lose money.. Whatever executive signed off on that deal should be fired if he hadn't already..
For 32 mil a fighter needs to do huge PPv numbers something in the neighborhood of 1.2 mil buys,,, there isn't a fighter alive that could consistently do those numbers without another big name opponent sharing the card,,,
Give floyd- manny, canelo, Oscar, cotto, mosely and yeah he will justify the 32 mil guarantee... But if it's a fight with a lesser known fighter like Maidana, ghost, Ortiz, etc no matter how competive the matchup, it won't draw the money needed to cover Floyd's 32 mil..
It's not Floyd's fault as he is took a deal he couldn't refuse,, the showtime executive that signed off on the deal should be fired...l
It was a no brainer when they signed him that they had the canelo and a manny fight as the only big draws left as floyd had already fought shane, cotto, Oscar on hbo....
You can't blame floyd, only showtime for making a stupid deal
Is anybody surprised? Maidana is a terrible fighter and fights like a caveman.
Floyd is simply too good for anyone that the "We only work with Haymon fighters because we're trying to turn boxing into WWE" Showtime "stable" has to offer.
The only way Floyd could be challenged is if he fights fighters who aren't exclusive to Showtime/Haymon/GBP. None of them are in his league and they're all terrible overrated by casual fans who DKSAB.
Too skilled. Too fast. Too everything.
All the Floyd haters were saying Maidana won the first fight and were calling for a rematch. Then after the second fight the same people are saying the fight was garbage and shouldn't have taken place.
The Venetian paid $8 million as the site fee for the Rios fight. Can't imagine they paid more for Algieri.
300K buys brings in about $20 mil in revenue. Half goes to the TV/Satellite networks, HBO gets their cut. What's left over is probably $8 mil or so for Arum to keep. With the gate and other revenues it's possible that in the end Top Rank ends up barely breaking even but I think they lost money on this sham.
For what it's worth, the head of HBO PPV Mark Taffet said 350K for Rios was the point at which the fight made any money for them:
"We knew there were challenges and tempered our expectations from the beginning," Taffet said. "It was an extraordinary effort by everyone involved, and we recognized that anything above 350,000 buys would be a success.
http://www.usatoday.com/story/sports/boxing/2013/12/05/hbo-pacquiao-rios-fight-registered-about-475000-buys/3882813/
Can't imagine it being different for Algieri.
Wasn't this supposed to be the first Chinese PPV bout for Top Rank? What happened to that?
I think they pulled a profit. They wouldn't have come back if they didn't think they'd make money. Keep in mind, that 300,000 figure being floated is just a rumour. There is side money involved coming from somewhere.
Believe it or not Paris Hilton & Manny/Jinky are friends :lol1:
There's a youtube vid floating around somewhere where Paris said that she actually stayed with the Pacquiao's at their home and went shopping with Jinky or some sh*t.
I believe it. ..I saw a photo of her greeting PAC somewhere before...Also, I think Hilton promoted some condo developments in Manila or something. So she did spend time there.
that would all depend on how much Pacquiao was paid, how much the casino paid them, sponsors, etc. Macau pays huge amount of cash, much more than Vegas, and I'm sure the entire point of having the fight there was because they expected low PPV buys.
300k is in the ballpark of what was expected for this fight, I predicted 250k myself. . I don't think many people thought a Chris Algieri fight would do better numbers than Pacquiao vs Rios.
The Venetian paid $8 million as the site fee for the Rios fight. Can't imagine they paid more for Algieri.
300K buys brings in about $20 mil in revenue. Half goes to the TV/Satellite networks, HBO gets their cut. What's left over is probably $8 mil or so for Arum to keep. With the gate and other revenues it's possible that in the end Top Rank ends up barely breaking even but I think they lost money on this sham.
For what it's worth, the head of HBO PPV Mark Taffet said 350K for Rios was the point at which the fight made any money for them:
"We knew there were challenges and tempered our expectations from the beginning," Taffet said. "It was an extraordinary effort by everyone involved, and we recognized that anything above 350,000 buys would be a success.
http://www.usatoday.com/story/sports/boxing/2013/12/05/hbo-pacquiao-rios-fight-registered-about-475000-buys/3882813/
Can't imagine it being different for Algieri.
Wasn't this supposed to be the first Chinese PPV bout for Top Rank? What happened to that?
These Macau casinos are rolling in $$$...man, I wouldn't be surprised if they actually paid Stallone and Schwarzenegger to fly over and watch the fight.
Last year they had Paris Hilton and Beckham..
or maybe they are just Pacquiao fans... and like to watch fights.
Believe it or not Paris Hilton & Manny/Jinky are friends :lol1:
There's a youtube vid floating around somewhere where Paris said that she actually stayed with the Pacquiao's at their home and went shopping with Jinky or some sh*t.
These Macau casinos are rolling in $$$...man, I wouldn't be surprised if they actually paid Stallone and Schwarzenegger to fly over and watch the fight.
Last year they had Paris Hilton and Beckham..
or maybe they are just Pacquiao fans... and like to watch fights.
Now you know why Les Moonves is on that #FightPacquiao tip. :boxing:
If it really did 300K buys, then Arum definitely lost money on that fight.
No doubt however Arums losses are not felt by the average fan. If anything, might spur him to make better matches. A network losing over half their annual budget is a fans problem tho, could see barely any boxing on the channel
Now you know why Les Moonves is on that #FightPacquiao tip. :boxing:
Pac Vs Algeri didn't loose money...it just did poor ppv numbers
If it really did 300K buys, then Arum definitely lost money on that fight.
Not a Flomwo.
But did we not just have a THREAD about how no one hear on BoxingScene cares about PPV buys when we were talking Pac Vs Algeri numbers??
Pac Vs Algeri didn't loose money...it just did poor ppv numbers
I'm pretty sure Mayweather-Canelo was the highest grossing bout ever. So what if they lost 16 million on the Maidana fights? They're still winning.
Supposedly Floyd got the bulk of the profits there. Now that came from Floyd whos notoriously untrustworthy so who knows
Sure... But it's about NOW (last 2 fights and the next 2)...
... We don't know how reliable Stephen A. Smith's sources are, but has anybody (qualified, I mean) stated that he was wrong or misinformed? Stephen A. Smith may speculate, but nobody said the opposite... a.s.o.
So, if no one says Steven A. Smith is an idiot, that automatically means he is a genius? I am saying that he is wrong based on my sources and my sources as every bit as reliable as Steven A. Smith's.
Steven A Smith has no sources. He made that **** up just like most journalists and talking heads who comment on sports rumors and claim to quote sources close to the situation. If anybody bothered to do a fact check, you would discover that at least 50 percent of the time, information that comes from reliable sources is wrong. That is because the people who report this information make it up and have a 50 percent chance of being correct.
8:40 - CBS/Showtime lost $16M on Floyd last two fights which is vs Maidana.
This information did not come from anyone at CBS or Showtime. Therefore, it has no legitimacy. A talking head on ESPN who doesn't know a damn thing about boxing, boxing revenue or Floyd's contract with Showtime (no one does except the parties directly involved), is not a reliable source.
I know the clowns on this site will believe anything negative about Floyd, but if you think this guy is a credible source about anything related to Floyd Mayweather, then you are also stupid enough to believe that Elvis is still alive.