If Golovkin does anywhere close to the canelo smith numbers this is a 60/40 purse. If he beats canelo smith with jacobs it's 50/50. I explain the math below. We can all agree this ppv with canelo will do minimum 500,000 buys and sell out 100,000 tickets.
Scenario 1- ppv does 1 million with canelo.
PPV Buys-1 million buys at $70= 70 million dollars
Gate-100,000 at $500 average ticket price=50 million dollars
15/120=12.5 percent of overall revenue
Scenario 2-ppv does 500,000 with canelo
PPV Buys-500,000 at $70 = 35 million
Gate is the same at 50 million
15/85=17 percent of the revenue
K2 isn't dumb. They know after golovkin jacobs numbers that will match the smith canelo numbers this flat fee piece of **** offer will make no sense. Now $15 million sounds a lot to the average casual dumass on NSB. K2 and GPB know the fight will do at least 500,000 buys. This fight will do close to a million. When you break the numbers down, 15 million is a terrible offer. After golovkin jacobs GPP will have no leg to stand on. Canelo and GPB are not getting rich off golovkin. Only logical choice for this fight is to do a split offer to golovkin.
What is "such an offer"?
An offer to fight before september 2017? No.
A 10-15 million offer? All I know about it is:
1) When Canelo said that after the Smith fight, GGG's team posted a picture on instagram saying that Canelo was speaking nonsense.
2) Abel Sanchez said that if 10 millions were ok for GGG then it would be ok also for him. It hints you that at least Sanchez doesn't see 10 millions as a very bad offer.
But you can't buy GBP bullshit like that. You don't even know what was offered. Maybe there was an offer for 10 millions flat fee but with a lot of bullshit details such as making GGG wear bigger gloves, dictating ring size, etc. We don't know.
GBP is saying things like "Golovkin is running from Canelo"... can someone actually believe that lie? well... if you are anti-GGG biased you will for sure try to give some credit to all the **** they are saying.
PS: don't forget:
This right here.
If there is language limiting GGGs split in a rematch, that could be a deal breaker regardless of the purse numbers being thrown around.
And being that Golden Boy sent Chavez an offer with a rematch clause, that tells me right there that their offer to GGG included an escape clause that lets them opt out of the deal if they want. And what that means is that the offer wasnt 10 million, and it wasnt 15 million, it was ZERO, because thats how much a contract with an escape clause is worth. Its worth ZERO
Ggg had mandatory status which he wanted to enforce in order to secure 25 percent split. Gbp offered 10mil flat. So clearly 10mil 25 percent which would have been fair money before. Gbp want to secure ggg now for 15mil and not take a chance.
If ggg vs Jacob's does well, as in comparable to canelo numbers then surely ggg can get more than 25 percent. If it doesn't, then he deserve just 25 percent or if he lose, he deserve nothing.
Both of these sides are trying to are trying to maximize their values. The point I'm tring to make is that their economic position and leverage can change drastically within a year with the correct fights. Gbp is tring to lock up the fight a year in advance with a fair offer with today's values. Ggg side is clearly asking for more but they will not be making any decision until the fight is actually close to the date.
It's my understanding that Loeffler said there was such an offer, but OK.
What is "such an offer"?
An offer to fight before september 2017? No.
A 10-15 million offer? All I know about it is:
1) When Canelo said that after the Smith fight, GGG's team posted a picture on instagram saying that Canelo was speaking nonsense.
2) Abel Sanchez said that if 10 millions were ok for GGG then it would be ok also for him. It hints you that at least Sanchez doesn't see 10 millions as a very bad offer.
But you can't buy GBP bullshit like that. You don't even know what was offered. Maybe there was an offer for 10 millions flat fee but with a lot of bullshit details such as making GGG wear bigger gloves, dictating ring size, etc. We don't know.
GBP is saying things like "Golovkin is running from Canelo"... can someone actually believe that lie? well... if you are anti-GGG biased you will for sure try to give some credit to all the **** they are saying.
PS: don't forget:
http://i.imgur.com/nUkfTqa.jpg
See? you people talk before knowing. No, there was never an offer to fight before september 2017. Also that date can be even pushed back to 2018 because Canelo might fight Chavez jr and then BJS.
There's zero fault in GGG.
It's my understanding that Loeffler said there was such an offer, but OK.
It's a slap in the face, meanwhile, Canela gets 70 million lol. GTFO!! What kind of offer is that, thats like 80-20. GB doing everything they can to not get the fight done.
If Golovkin does anywhere close to the canelo smith numbers this is a 60/40 purse. If he beats canelo smith with jacobs it's 50/50. I explain the math below. We can all agree this ppv with canelo will do minimum 500,000 buys and sell out 100,000 tickets.
Scenario 1- ppv does 1 million with canelo.
PPV Buys-1 million buys at $70= 70 million dollars
Gate-100,000 at $500 average ticket price=50 million dollars
15/120=12.5 percent of overall revenue
Scenario 2-ppv does 500,000 with canelo
PPV Buys-500,000 at $70 = 35 million
Gate is the same at 50 million
15/85=17 percent of the revenue
K2 isn't dumb. They know after golovkin jacobs numbers that will match the smith canelo numbers this flat fee piece of **** offer will make no sense. Now $15 million sounds a lot to the average casual dumass on NSB. K2 and GPB know the fight will do at least 500,000 buys. This fight will do close to a million. When you break the numbers down, 15 million is a terrible offer. After golovkin jacobs GPP will have no leg to stand on. Canelo and GPB are not getting rich off golovkin. Only logical choice for this fight is to do a split offer to golovkin.
Under no scenario will Oscar allow Canelo to accept a 50/50 or even 60/40 fight. No matter what the numbers are you have to remember one thing, Oscar doesn't really want to make the Canelo/GGG fight.
Canelo can make the Chavez JR fight, the Sanders fight, hell a rematch with Cotto is still possible.
I'm not saying that it's only GGG's fault; I don't know everything that is happening behind closed doors. Canelo is clearly not in a rush to make this fight though.
But if GGG was in fact presented with a $15m offer to fight sometime earlier than September 2017, then I'd say GGG is more to blame.
See? you people talk before knowing. No, there was never an offer to fight before september 2017. Also that date can be even pushed back to 2018 because Canelo might fight Chavez jr and then BJS.
There's zero fault in GGG.
50 million at the gate? Wtf... are you stupid? You are massively shortchanging GGG! I expect 70 milli, at least. Especially with all that UK money he's about to start pulling since he snatched Brook's fans after breaking his face.
Please, please, don't ever equate me with these moronic GGG fans. I love the guy for what he does in the ring, I couldn't give two ****s what goes in his pockets.
Do you follow boxing?
GBP are the ones dictating Sept17.
Only ppl to blame is GBP, here is a reminder.
Cotto vs Canelo with winner fighting GGG, GBP need to marinate so pick Khan.
Canelo doesnt fk around so vacates the WBC and drops down to fight Liam Smith.
Canelo could fight GGG in May but wont.
Exactly. No reason for Golovkin to take a flat fee. GB knows he won't take it. That's why they supposedly keep on offering it. It will be the biggest fight in 2017 no doubt. Canelo was to fight Golovkin after Cotto but disgraced himself and his Mexican fan base by refusing to do so. This isn't rocket science. It's self preservation and keeping the cash cow (Canelo) producing as long as possible.
dude, who gives a fvck..none of us are getting any money from this fight, so why are you so stuck on the numbers??? enjoy the holidays and focus on yourself
ggg isnt a draw. jacobs isnt a draw
how on earth would it do canelo-smith numbers. canelo smith has one draw, canelo. ggg jacobs has zero draws.
15 million is generous as fuk. hell lennox lewis used to get paid less
Very possible.
Ggg is a bigger draw now than ever before in part due to Canelo giving him the strap. This has hurt Canelo drawing power as sseen on his last ppv. This is beneficial to gggs drawing power. He is seen as the winner of that shameful duck.
Jacobs is a new yorker with a story. They r going to have a much better build up than with lemiuex who barely spoke english.
Also afican Americans buy ppvs. Not french Canadians.
This can get up to 300k
15 million flat is a very decent offer under any circumstances for a fighter with Golovkin's present stature.
By way of comparison, Manny Pacquiao earned 15 million against DLH, and that was WITH a piece of the upside.
As I said in another thread, it is my opinion that Lil g will wind up with a deal similar to that being offered to Jr.
That is, assuming his fight with Jacobs does better than his fight with Lemieux.
If it is another disappointment, then he will get offered less.
this people dont remember what fighters generally get, just because may pac broke records, everyone wants 20 plus million. doesnt work like that. I dont know where they can even find 15 million for GGG for jacobs, that is VERY generous and theyre taking a lot of risk doing it.
ggg isnt a draw. jacobs isnt a draw
how on earth would it do canelo-smith numbers. canelo smith has one draw, canelo. ggg jacobs has zero draws.
15 million is generous as fuk. hell lennox lewis used to get paid less
Satiev, you're one of my fav posters. and your math is on point. however, there is one thing you are not taking into consideration that all promoters do, but never talk about because it undermines their fighters.
it's odds. say you have 1000 dollars. are you more likely to throw up for a gamble when you have an 80% chance of winning or 20% chance of winning?
This is the exact scenerio here. Oscar and Bernard can't say, because Canelo only has 20% chance of winning.... we demand more money. Nobody can ever say that. but this is a fact of reality.
Look at the way Bernard Hopkins talks about GGG. He is in admiration. He knows Canelo will lose. Look at the post fight breakdown of GGG/Lemiuex. Hopkins knows. He also talked about Hatton losing to Pacquiao right before it happened. He's very realistic. Same with Oscar they can say what they want. look at what they do. dodging this fight at every opportunity against Canelo's wishes.
The point is 15 million is a lowball. but on GGG's end. it's the closest proximity of a sure thing. It's even more of a sure thing than Jacobs. Yes Jacobs is more dangerous than Canelo.
So GGG can finally get his legacy fight, money fight and future career investment all in 1 fight.
I honestly think GGG wins this fight 9/10 times. he is just that bad a match-up than Canelo. Jacobs is more dangerous because he can hit an acceleration and power gear that Canelo simple does not have. Canelo is very very overrated.
15 million flat is a very decent offer under any circumstances for a fighter with Golovkin's present stature.
By way of comparison, Manny Pacquiao earned 15 million against DLH, and that was WITH a piece of the upside.
As I said in another thread, it is my opinion that Lil g will wind up with a deal similar to that being offered to Jr.
That is, assuming his fight with Jacobs does better than his fight with Lemieux.
If it is another disappointment, then he will get offered less.