Industry rumors are rampant that HBO will very much likely drop boxing programming altogether in 2018.
With that likely taking place, what "power" would that leave those 4 current promoters with? It seems as though network budget dictates power and not the fighters themselves. We already see Top Ranks struggle as soon as HBO gives them the cold shoulder.
Promoters supply fighters, Haymon has the deepest stable right now and Arum is not working with HBO, so they only left with Golden Boy and Duva and Roc Nation as their main.
I dont think UFC will go to HBO they almost did until the guy working there put his girlfriend in a rear naked choke and got fired nixing the deal.
So now UFC is exclusive to FOX, when does their FOX deal end maybe they will go there?
Unless HBO creates their own MMA company, if they do create one they would dominate and it would be awesome. Id tune in for sure.
Boxing is getting outdated, I dont know many people especially young folks who even follow it, UFC is a powerhouse thats for sure they are superior in the way they have been able to grasp the youth, something boxing has trouble with doing for decades.
Unless Boxing can recapture the youth, its just going to continue and be a niche sport.
Its crazy how boxing went from being one of the Biggest major sports in America to now a niche sport rarely covered on mainstream tv or sports shows.
Arum is putting LOMA-Walters on Nov 26th...he's a businessman, he will work where the money is... The money wasn't there for Pac but that doesn't mean he's done with HBO altogether.
I don't go by rumors. I go by facts. I don't believe HBO is dropping boxing unless they announce that they are doing so. As of now I believe they will continue to feature boxing regularly as always. Why would they bother having a show like the fight game if they were planning to drop boxing?
Report: Fed cautioned Goldman Sachs about UFC deal
I thought this was fascinating.
Report: Fed cautioned Goldman Sachs about UFC deal
http://mmapayout.com/2016/10/report-fed-cautioned-goldman-sachs-about-ufc-deal/
October 7, 2016
Bloomberg.com reports that the Federal Reserve bank cautioned Goldman Sachs Group, Inc. over debt risks in a deal it arranged to fund the $4 billion purchase of the UFC.
Goldman Sachs was hired to market the debt to purchase the UFC this past July. Regulators have criticized deals that push a company’s debt load to more than six times its earnings.
“Add-backs,” which estimate a company’s future profitability after an acquisition or buyout were used to double projected cash flow for the UFC. The concern is that the projections may be too optimistic for the companies that are purchased. This could lead to a default which is the reason why the Federal Reserve cautions deals where the debt load looks to be more than the projected earnings.
According to the Bloomberg story, prospective investors were shown estimates that EBITDA would more than double from $142M to $298M. Per the article, the adjustments had the effect of lowering UFC’s leverage to 6 times EBITDA.
The UFC raised a total of $1.8 billion of debt which included $1.4 billion in first lien loans and another $425 million in second lien loans. Based on the current EBITDA of $142M this would have the company leveraged at approximately 12x EBITDA.
Payout Perspective:
Notably, the Bloomberg report states that the UFC’s EBITDA as of June 30th was $142 million. A previous SBJ report had the EBITDA at $180 million although that did not have “as of” date. The obvious goal of the Fed is to reduce the risk of default in acquisitions. While the deal may never reach critical mass in terms of a default on the debt, the deal is considered high risk.
Yea thats what I'm speculating on. Believe that deal ends in 2019(?). I'd assume if HBO were going to be a player in getting the UFC rights they end boxing sometime between 2018-2020 a lil before or after they seal the deal.
That was in play about 10 or so years ago iirc when Oscar (& Donald Trump oddly enough) were down with Affliction for it short life. HBO was on board & planning to air it. MMA was more open at the time. I don't believe its viable for HBO to form an MMA league now. UFC has almost all the top talent. Bellator has the rest + a big pocketbook which is getting them nabbing a lot of UFC guys lately via free agency. So they'd either have to work with the UFC, Bellator or Rizen who are probably the 3 biggest names in the game as starting from scratch would put them on some minor league level of talent which isn't likely to grab the audience they'd want to grab.
Sadly yea agree with all this. I think in the US boxing needs PBC to succeed or boxing is only going to get smaller for the foreseeable future until someone does what the PBC is attempting successfully or some other game changer comes into play. I think the last 3 or 4 decades of elite level boxing only being available to premium cable subscribers & pay per view buyers has damaged the US boxing fanbase greatly. The clusterf#ck of champions & bad decisions & about 8 other things hasn't helped, but mainly the access to boxing for young fans hasn't been there to keep the fanbase being renewed.
So just due to all the money in boxing someone is gonna help boxing through a regrowth stage sooner or later over the next decade or so & I suspect boxing will be better for it & hopefully boxing will work a lot differently than it does now with so many fractions keeping boxing from reaching its highest point.
The UFC is still pretty niche outside Conor cards. I mean who possibly cared about UFC 204?
Then pbc would go full blown ufc mode... If they're still around. Or sho/cbs would possibly go that route
Showtime/CBS would essentially become PBC. Haymon undisputed king of boxing..
I suspect to make room for the UFC. MMA is bringing a younger demographic thats still growing. Boxing has arguably reached its peak or at least its peak for the near future (unless PBC is able to do something outside of premium cable).
I don't think promoters have anything to do with HBO keeping or getting rid of HBO Boxing.
Promoters supply fighters, Haymon has the deepest stable right now and Arum is not working with HBO, so they only left with Golden Boy and Duva and Roc Nation as their main.
I dont think UFC will go to HBO they almost did until the guy working there put his girlfriend in a rear naked choke and got fired nixing the deal.
So now UFC is exclusive to FOX, when does their FOX deal end maybe they will go there?
Unless HBO creates their own MMA company, if they do create one they would dominate and it would be awesome. Id tune in for sure.
Boxing is getting outdated, I dont know many people especially young folks who even follow it, UFC is a powerhouse thats for sure they are superior in the way they have been able to grasp the youth, something boxing has trouble with doing for decades.
Unless Boxing can recapture the youth, its just going to continue and be a niche sport.
Its crazy how boxing went from being one of the Biggest major sports in America to now a niche sport rarely covered on mainstream tv or sports shows.
they will create their own boxing super-network called AHB anti-haymon-boxing. then they will go toe to toe with haymon and see who can lose the most money(spoiler haymon)
Why do you think HBO Boxing will never end?
It would definitely be a shock & damn near like a death in the family to me even as a person predicting HBO will get out of the boxing business in the near future, but by no means do I think its an impossibility with the writing on the wall & how small HBO boxing has gotten over the last 15 or so years with its dwindling budget.
Of course nothing is improbable but the likelihood that HBO boxing will be gone by 2018 is kinda hard to believe.
Why would they remove boxing is the question? only way I can see it happening is if all the promoters jump ship.
LOL HBO is not going to cut boxing they will always do boxing, its not even much toward their budget. They might downsize the amount of fights they do but they wont remove it come on man.
HBO will jump to UFC if ever given the opportunity once that UFC Fox Deal is Up 2018 :lol1: and if they do can't real blame them. UFC has a much brighter future than boxing at this very moment.
LMFAO, here we go again with you guys playing "business insiders", talking bout damn budgets n**** as if you guys actually had access to their bank accounts.
I'm going to take a wild guess and say that HBO Boxing isn't going anywhere anytime soon. Canelo, Golovkin, Kovalev etc..they have several of the best fighters in the world and trust me, they WILL continue to air boxing on HBO.
And Showtime prob has a sht ton of money to stage fights, it's just that Al Haymon much rather grow his PBC brand.
This is all just common sense, you guys should try using it sometime.
Damn Boxing game with no HBO,Most guys will move to Showtime/cbs Canelo will do it for sure,But we dont know if Sho will have bigger $$$,so Boxing in USA can be in trouble.
Showtime would double their current budget then?
Maybe not double, but they would have much better fights.. They basically the only person paying for boxing so they are gonna be calling the shots, and with every promoter desperately needing an outlet, showtime can basically buy the best fights and skip all the crap
If HBO gives up boxing, it's back to the future with a twist
Showtime/CBS becomes the dominant name in boxing, Haymon/DiBella/etc stand as the "house promoter" for Showtime, with Showtime picking/choosing the fights from anyone else that they want to air (Saul Alvarez's fights, folks to bring in to face Andre Ward, etc).
With K2/ME/GBP/TR having very few chits to offer, and the options beyond Showtime basically drying up, I have no doubt that Top Rank and Golden Boy push harder with streaming fights, K2 likely takes Golovkin back to Germany (if Showtime shows no interest), and Main Events likely becomes Gary Shaw Production (bit player, called only to bring along a fighter)
Industry rumors are rampant that HBO will very much likely drop boxing programming altogether in 2018.
With that likely taking place, what "power" would that leave those 4 current promoters with? It seems as though network budget dictates power and not the fighters themselves. We already see Top Ranks struggle as soon as HBO gives them the cold shoulder.
i would say that showtime would snatch it all up..