After the first fight, they said a rematch wasn't necessary. "Floyd just dominated Cotto, there doesn't need to be a rematch". "Floyd won 9-3 if you're being generous to Cotto, 10-2 if you're being realistic. There doesn't need to be a rematch".
Why the sudden change of heart?
I'm not sure i follow correctly but what im understanding is that
-the network (Showtime) pays the main promoter (GBP)
-main promoter then pays their co-promoter (Mayweather Promotions)
-Each promoter will pay their fighters (GBP - Canelo, Mayweather Promotions - Mayweather)
-each fighter will pay their team (manager, trainer, advisor, fees)
If im not understanding correctly, ignore these questions and enlighten me please.
could showtime be paying 32mil guarantee for mayweather promotions llc? meaning the mayweather promotions fighters in the undercards get paid from that 32mil?
those checks in the pictures show net of 32mil and 41.5mil so they look to be the amount that should go to mayweather. but its paid to mayweather promotions so my understanding is they will have to pay their other fighters who fought in that card. does mayweather get a different check from showtime directly?
Here is one of breakdowns of his deal.
http://bleacherreport.com/articles/2192887-making-money-how-floyd-mayweather-produces-boxings-biggest-fights
As the promoter, Mayweather pays for the undercard boxers on the show.
Typically, he litters his big pay-per-view shows with some boxers from his company, Mayweather Promotions, and Golden Boy Promotions, which he pays a flat fee to help run the promotion of the show.
He gets all the live gate revenue, which ranges from $12-$15 million. His match against Alvarez set a record for live gate in Nevada with $20 million.
If you are on record with GBP pays Floyd his guarantee, explain to me how its Showtime losing money and not GBP. What are their expenses exactly?
We all know Floyd's 32 mill deal is with Showtime. Not GBP.
GBP gets a flat fee for promoting Floyd's fights. They get paid regardless.
At the end of the day, Showtime is the bank. They are the ones paying Floyd his guarantee. It works its way down the pipeline and due to legal/promotional reasons, it is Oscar who writes Floyd his checks.
It is showtime who pays Floyd's opponents and undercard. Not Floyd. That doesn't even make sense.
Can't argue with evidence. Interesting is the part were the deductions for the tickets and anti doping. I noticed in may be got many more to tickets. In September he only got 25k worth. That's was the Canelo fight of course. Seems like gbp kept more to sell off presumably to profit more. Those damn scalped tickets go for $$$$$.
All I will say about the finances is non of use know enough to the grimy dealings of boxing to comment too much. One thing I do know I'd that these promotors and networks will not out up these fight if they aren't making money. Mayweather is not getting 32 mil if showtime is losing their azz. I'm sure showtime got pretty good lawyers. They may lose some money here and there but back to back millions I surely doudt.
Someone show me Floyd's other check from 2014. I bet it don't say 32 million. And if it did showtime didn't lose there azz.
If you are on record with GBP pays Floyd his guarantee, explain to me how its Showtime losing money and not GBP. What are their expenses exactly?
We all know Floyd's 32 mill deal is with Showtime. Not GBP.
If Oscar isn't paying Floyd, then why are Floyd's checks issued by GBP?
https://twitter.com/FloydMayweather/status/503053608963698689/photo/1
https://twitter.com/FloydMayweather/status/503053608963698689/photo/1
Because Mayweather Promotions didnt have a license until very recently, the money still went through GBP. Companies cant do business with a boxing promoter that doesnt exist.
If Oscar isn't paying Floyd, then why are Floyd's checks issued by GBP?
https://twitter.com/FloydMayweather/status/503053608963698689/photo/1
https://twitter.com/FloydMayweather/status/503053608963698689/photo/1
Can't argue with evidence. Interesting is the part were the deductions for the tickets and anti doping. I noticed in may be got many more to tickets. In September he only got 25k worth. That's was the Canelo fight of course. Seems like gbp kept more to sell off presumably to profit more. Those damn scalped tickets go for $$$$$.
All I will say about the finances is non of use know enough to the grimy dealings of boxing to comment too much. One thing I do know I'd that these promotors and networks will not out up these fight if they aren't making money. Mayweather is not getting 32 mil if showtime is losing their azz. I'm sure showtime got pretty good lawyers. They may lose some money here and there but back to back millions I surely doudt.
Someone show me Floyd's other check from 2014. I bet it don't say 32 million. And if it did showtime didn't lose there azz.
After the first fight, they said a rematch wasn't necessary. "Floyd just dominated Cotto, there doesn't need to be a rematch". "Floyd won 9-3 if you're being generous to Cotto, 10-2 if you're being realistic. There doesn't need to be a rematch".
Why the sudden change of heart?
I'm not going to lie. That is pretty much exactly what Floyd fans said after the bout, including me lol. HOWEVER, it was one of the most competitive 9-3 fights I have seen. Cotto made Floyd think about retiring, that's how tough a fight it was. With that being said, I only want May-Pac today tomorrow and until they both retire.
Again, Oscar isnt cutting Floyd a check.
Floyd is cutting GBP a check.
You will have to make up your mind about what argument is. First its Showtime paying Floyd, now you got Oscar paying Floyd? Is Floyd getting a 64 mill guarantee? Of course not so which is it?
If Oscar isn't paying Floyd, then why are Floyd's checks issued by GBP?
https://twitter.com/FloydMayweather/status/503053608963698689/photo/1
https://twitter.com/FloydMayweather/status/503053608963698689/photo/1
You think Oscar is cutting Floyd $32mil checks and isn't privy to the financial statements? Oscar is the one leaking much of Showtime's business dealings to Rick Glaser. That's how Rick stays one step ahead of the media when it comes to reporting breaking news in boxing. He was the first to report Canelo's jump to HBO weeks before it was even announced.
Again, Oscar isnt cutting Floyd a check.
Floyd is cutting GBP a check.
You will have to make up your mind about what argument is. First its Showtime paying Floyd, now you got Oscar paying Floyd? Is Floyd getting a 64 mill guarantee? Of course not so which is it?
I guess we'll just have to agree to disagree. Everyone else is wrong and you're right.
"Everyone" is reporting a rumor, get over yourself. And "everyone" is parroting a rumor started by one or two people. So stop trying to pretend it's true just because you want it to be when it flies in the face of every fact we know.
No, he's not privy to private financial statements from Showtime just because he's doing business with them. Are you high or something? Just because you and I do business together, you think that gives you the right to view my W-9? When do your fairy tales end?
I guess we'll just have to agree to disagree. Everyone else is wrong and you're right.
You think Oscar is cutting Floyd $32mil checks and isn't privy to the financial statements? Oscar is the one leaking much of Showtime's business dealings to Rick Glaser. That's how Rick stays one step ahead of the media when it comes to reporting breaking news in boxing. He was the first to report Canelo's jump to HBO weeks before it was even announced.
No, he's not privy to private financial statements from Showtime just because he's doing business with them. Are you high or something? Just because you and I do business together, you think that gives you the right to view my W-9? When do your fairy tales end?
hard to compare the 2 tho ggg is way bigger then cotto to ignore that is just flat out unfair
Cotto fights and beats Sergio Martinez and you say that it's unfair for the lineal champ at 160 to face an opponent at 160?
You are more concerned than Cotto's team because I have not heard that kind of comment from them ...... I wonder why you are so concerned. In fact they said they would be interested in the GGG fight sometime in the future.
To protect your hero Floyd, you don't even want others to fight GGG.:dance:
Yeah, the accountants at Showtime are whispering to reporters.
You think Oscar is cutting Floyd $32mil checks and isn't privy to the financial statements? Oscar is the one leaking much of Showtime's business dealings to Rick Glaser. That's how Rick stays one step ahead of the media when it comes to reporting breaking news in boxing. He was the first to report Canelo's jump to HBO weeks before it was even announced.
I doubt very much they have any access to financial statements that you and I can't access. Only Showtime knows. The bottom line is, looking at total revenue, which is near $100m altogether, it is very silly to assume they took a loss. But again, unless you know their expenses/liabilities, you can't say.
No but they have access to people who have access to financial statements.
I guess you know more than boxing insiders then who have direct contacts with those in the know.
I doubt very much they have any access to financial statements that you and I can't access. Only Showtime knows. The bottom line is, looking at total revenue, which is near $100m altogether, it is very silly to assume they took a loss. But again, unless you know their expenses/liabilities, you can't say.
No, it's safe to assume they did.
1. You don't know how much the MGM cut is (BTW Floyd, not Showtime, takes care of them).
2. Even if they took half, you'd still have $8m remaining at least
3. Foreign and TV rights, sponsorship, etc. total up to anywhere between $5-15m.
But again, you can't say they didn't turn profit if you don't know their expenses. Period.
I guess you know more than boxing insiders then who have direct contacts with those in the know and who are all reporting that Showtime took a hit on both fights.
David Diaz and Antonio Margarito, the two fights no one bashed. (No one as in none of the usual suspects). "Oh it doesn't matter, the fights are going to be great and action packed. None of us are excited for the belts, it's the actual fight".
Floyd does it, and all hell breaks lose.
I rather see Mayweather vs Pacquiao over Mayweather vs Cotto II, and I rather see May-Cotto II over May-Khan.
So Manny fought David Diaz and Antonio Margarito twice?
Unless you are a fan of one of them and even then, most didn't care much about seeing Floyd vs Cotto. Most were saying "it happened 5 years too late."
More importantly, almost nobody has ever said that a rematch was necessary. Also, Floyd fans contradict the matter by saying that "Floyd is too small to fight GGG at 154 let alone 160 but OK to fight Cotto at 160"
Too honourable for what?
In think Cotto and Floyd see opportunity in each other at the moment. Floyd sees a shot at some fake history, Cotto genuinely believes he's a force under Roach and could make some real history.
The longer the Canelo negotiations drag on the more plausible it seems.
Too honourable to turn his back on Top Rank after his public comments saying he'd be staying with them and to walk away from a Mexico-PR bout everyone is waiting for. He played these silly buggers with Martinez negotiations too.
I don't see Floyd-Cotto next. Let's see.