Oscar and Canelo blabbing on and on and on about "its up to GGG to accept" and blah blah blah, knowing damn well that a flat fee offer is dead in the water, not to mention whatever other garbage they put in that "offer"
Loeffler should return the favor and publicize ALL the terms in the GBP offer. But he wont. He will still sit quietly in the corner and play the "Switzerland" role while Oscar and Canelo try to make him look like a clown day in and day out.
The BOSS move Loeffler could make here would be to secure the Saunders fight for June, and publicly withdraw from any further Canelo negotiations. Control all 4 belts, and if Canelo ever wants to win a middleweight belt then screw negotiating with those clowns, send it to purse bid. Even if Canelo petitions the sanctioning body for a better split, worse case scenario would be 50-50.
Im just so tired of this same nonsense day after day after day........
like you said yourself, Canelo is no Floyd or Oscar. He doesnt sell a million buys on his own. Therefore he is in no position to play diva like Floyd and Oscar did, since he's not putting up their numbers.......
and just because the risk-reward ratio makes sense to YOU (based on knowing only ONE aspect of the deal), that doesnt mean its worth it to the parties involved.....
So you would advise golovkin to turn down 15 million against Canelo on ppv to turn around and fight somebody else for 2 million?
15>2
do you even read the garbage you type before you post it? Or are you just a moron?
If K2 s goal was to "cash him out" as you claim, then
why on earth would they turn down this spectacular grandiose amazing remarkable 8-figure offer, and instead ask for a percentage deal that in reality could pay LESS if the fight doesnt reach certain numbers?
Care to explain that?
Didnt think so.............
Because folks, like you, have helped build this aura that Golovkin is indeed this massive superstar who merits the lion's share of the event, at the weight that he's most comfortable at. I've never spoken to the man, but Loeffler's actions would seem to suggest that $15m for the fight is sol low an offer that it isn't worth even debating, which is hilarious.
K2 ran from the Ward fight, K2 ignored Lara, K2 fell apart on the Saunders fight, and the only reason why the Chavez Jr fight was even close to being made, imo, was because Golovkin and Chavez Jr were set to have the same guaranteed purse.
K2 has a pattern of how they do business, and to ignore that would make you a fool
I really don't get what there is to complain about. All I hear is some emotional fanboys crying about a split. Even had one arguing that it would be fairer to get a split even if it means he gets less than $15m when it's all said and done.
Not to disparage the guy's skills, but Golovkin has emerged at "The Hope" for certain fans; Pacquiao was that hope for the longest time (willfully ignoring all of the sins of Pacquiao, folks were on the verge of deifying the guy in the name of maybe seeing Floyd fall) and no it's Golovkin's time, lol.
"The Hope" can't face the indignity of not having an equal share on the event, regardless of what the actual value is, in the minds of some folks and it's pretty funny.
If Golden Boy truly was asking for options on Golovkin, or setting the numbers for a rematch short of what's reasonable, Steve Kim, Dan Rafael, or anyone tied to the Golovkin/HBO nexus, would've already cast the info out into the public by this point (on background, of course). You've apparently been involved with boxing for long enough to not understand at least that much.
Golden Boy has stated the offer was going to be a fair one, Golden Boy has stated that the offer was north of 8 figures, and Golden Boy has let it be known that the offer was for $15m with some unknown back-end on the fight, and K2 has yet to refute any of what Golden Boy has stated, without even a nary of comment from any background sources.
At some point, you've simply got to acknowledge the fact that K2 is seemingly set on cashing out Golovkin on this one fight, a fight that they're nowhere near as confident in winning than their fans are.
do you even read the garbage you type before you post it? Or are you just a moron?
If K2 s goal was to "cash him out" as you claim, then
why on earth would they turn down this spectacular grandiose amazing remarkable 8-figure offer, and instead ask for a percentage deal that in reality could pay LESS if the fight doesnt reach certain numbers?
Care to explain that?
Didnt think so.............
There isn't an explanation; folks have whipped themselves into think that Golovkin (a fighter who's never sold even 150k PPV buys for a fight) and Alvarez (the Amir Khan fight ended up getting to 600k PPV buys, but Alvarez vs non-entity basically sits 300k-350k PPV buys) will fight each other and produce a fight bigger than Floyd-Alvarez.
Floyd and Maidana, when all was said and done, ended up splitting $40m ($36m to Floyd, $4m to Maidana, in essence).
Even if Alvarez-Golovkin gets the fighters $50m, you'd still be splitting the pot $15m to Golovkin, $35m to Alvarez (a 30/70 share on the entire final pie), not a bad deal at all.
I really don't get what there is to complain about. All I hear is some emotional fanboys crying about a split. Even had one arguing that it would be fairer to get a split even if it means he gets less than $15m when it's all said and done.
If anyone can explain to me how $15m is a bad deal using mathematics, I'll stop considering Team GGG's stance unreasonable.
There isn't an explanation; folks have whipped themselves into think that Golovkin (a fighter who's never sold even 150k PPV buys for a fight) and Alvarez (the Amir Khan fight ended up getting to 600k PPV buys, but Alvarez vs non-entity basically sits 300k-350k PPV buys) will fight each other and produce a fight bigger than Floyd-Alvarez.
Floyd and Maidana, when all was said and done, ended up splitting $40m ($36m to Floyd, $4m to Maidana, in essence).
Even if Alvarez-Golovkin gets the fighters $50m, you'd still be splitting the pot $15m to Golovkin, $35m to Alvarez (a 30/70 share on the entire final pie), not a bad deal at all.
This is my theory:
Listen to this, I can't even make this up cause Julio is a genius. They bet their purses and theres a 1 million per lb over 164.5. so if Julio is getting 5-6 mill, that means Julio can come in 5-6 lbs extra, Canelo will get the money and since Julio will not drain himself and be in shape, come in at 180 plus, the day of the fight looking like the hulk, beat the **** out of Canelo and go home with the ENTIRE PURSE. F***ng GENIUS.
Alvarez has proven to the world that he's not a punk, and that's not going to change for this fight. Alvarez is going to be giving up size, but don't let yourself be fooled into thinking that Alvarez isn't going to walk into the ring at 170lbs on fight night in his own right.
You add that Chavez Jr isn't all that big a puncher, and his efforts to try and fight like his father have negated any of the physical advantages that he comes into the fight with, and it'll be too clever by half
Everyone should understand -- the fight would be in Sept & both fighters have one -- maybe 2 interim fights.
We are in THE EARLY STAGES of negotiations. If you enjoy the back and forth, than fine.
I don't anticipate negotiations to end until around May.
Outside of Golovkin-Jacobs topping 500k PPV buys, Alvarez has made his offer and it's on Golovkin and his camp to accept. Alvarez has been involved in enough money fights at this point that he's not going to negotiate against himself.
If Golovkin doesn't want the fight, Alvarez can fight Chavez Jr again (taking the fight to AT&T Stadium to fight in front of 60k+ Latino fans on the biggest Mexican holiday), he can fight Miguel Cotto again, or he can pay Frank Warren $5m plus the UK rights to the fight to bring Billy Joe Saunders over. There are other options.
Alvarez has two PPVs basically set for the year (with a third fight likely for regular HBO to close out the year). and it's bad business to keep things in flux forever.
The flat fee is allegedly for $15m, on a fight that likely won't end up clearing $50m for the fighters at the end of the day.
Floyd and Oscar ended up splitting $100m on their fight, Floyd and Alvarez split $100m on their fight, and Floyd-Pacquiao, the most anticipated fight in modern history (can't really scale out the old stadium fights at the turn of the century, tbh) and at least a factor beyond what anyone could honestly imagine, had the fighters likely splitting $200m.
Alvarez-Golovkin is nowhere near as anticipated as any of those showdowns; if we're being honest about it, Alvarez-Golovkin likely isn't even as anticipated as Floyd-Maidana II was.
You're making too much sense.
Also people talking about rematches, if Golovkin dominates/destroys (most think he will) Canelo then the value of the rematch will be significantly less than the first fight if it were to take place. A rematch is not enough incentive to accept a flat fee.
The flat fee is allegedly for $15m, on a fight that likely won't end up clearing $50m for the fighters at the end of the day.
Floyd and Oscar ended up splitting $100m on their fight, Floyd and Alvarez split $100m on their fight, and Floyd-Pacquiao, the most anticipated fight in modern history (can't really scale out the old stadium fights at the turn of the century, tbh) and at least a factor beyond what anyone could honestly imagine, had the fighters likely splitting $200m.
Alvarez-Golovkin is nowhere near as anticipated as any of those showdowns; if we're being honest about it, Alvarez-Golovkin likely isn't even as anticipated as Floyd-Maidana II was.
Golovkin is being a diva just as much as Canelo. Any objective non fan boy can see it. The guy wants 20+ mil? This isn't that big of a fight and gg does not bring in big bucks like that
how so?
lol I know its not going to happen but what if ggg vs jacobs outsells nelo vs chavez jr in ppv buys? that 15 mil for a fight of this magnitude is bullsh1t.this is the fight the public wants the biggest fight out there it would do over a million ppv buys easily.
For the fight to get anywhere near a million PPV buys, you're going to have to draw in a ton of casual boxing fans, and neither guy is all that comfortable with marketing the fight in English or have anywhere near universal name ID (though Alvarez is almost there, following his fights with Floyd and Cotto).
the delusions on this site are hilarious.
Everyone keeps focusing on the alleged $15 million number, as if thats the end-all be-all. Is Golden Boy demanding options on GGG? Is Golden Boy trying to limit GGGs revenue in a rematch?
There is much more to a deal like this then just the money. Some of the more ignorant posters here cant comprehend that, but I dont put you in that category. Believe me, if the deal was clean and as good as some people are claiming, it would have been accepted. I dont know why people are acting as if Golden Boy is now some kind of 503c1 charitable organization and is putting out such an incredible fair amazing offer.....lol
If Golden Boy truly was asking for options on Golovkin, or setting the numbers for a rematch short of what's reasonable, Steve Kim, Dan Rafael, or anyone tied to the Golovkin/HBO nexus, would've already cast the info out into the public by this point (on background, of course). You've apparently been involved with boxing for long enough to not understand at least that much.
Golden Boy has stated the offer was going to be a fair one, Golden Boy has stated that the offer was north of 8 figures, and Golden Boy has let it be known that the offer was for $15m with some unknown back-end on the fight, and K2 has yet to refute any of what Golden Boy has stated, without even a nary of comment from any background sources.
At some point, you've simply got to acknowledge the fact that K2 is seemingly set on cashing out Golovkin on this one fight, a fight that they're nowhere near as confident in winning than their fans are.
so now asking for a percentage of the event, as has been done with pretty much EVERY mega-fight in the history of the sport, is overestimating his worth??
Interesting.......
Golovkin has been allegedly offered $10m+, on a fight that likely won't clear $50m at the end of the day. lol
Oscar and Canelo blabbing on and on and on about "its up to GGG to accept" and blah blah blah, knowing damn well that a flat fee offer is dead in the water, not to mention whatever other garbage they put in that "offer"
Loeffler should return the favor and publicize ALL the terms in the GBP offer. But he wont. He will still sit quietly in the corner and play the "Switzerland" role while Oscar and Canelo try to make him look like a clown day in and day out.
The BOSS move Loeffler could make here would be to secure the Saunders fight for June, and publicly withdraw from any further Canelo negotiations. Control all 4 belts, and if Canelo ever wants to win a middleweight belt then screw negotiating with those clowns, send it to purse bid. Even if Canelo petitions the sanctioning body for a better split, worse case scenario would be 50-50.
Im just so tired of this same nonsense day after day after day........
Billy Joe Saunders has already made it clear what his price is, and Loeffler has already made it clear that he's not willing to pau Saunders his price (with Saunders and his camp already believing that Alvarez is more than ready to pay their price).
why are you playing ignorant when that's been known for some time now? lol
It does matter how much you've got paid in the past. You don't go from 2 million to 15 million in the boxing game. Canelo is not floyd mayweather. None of canelo fights has done 1 million buys and the ggg fight probably won't either
Team golovkin would be stupid to risk a 15 million dollar flat fee just to get a percentage of a ppv fight that may do less than a million buys.
This ain't mayweather/Pacquiao. Canelo vs golovkin isn't guaranteed to do a million buys.
plus what's Golovkin's alternative? Keep fighting for 2 million dollars per fight? It would take golovkin at least 7 more fights to make 15 million dollars without canelo.
Canelo can fight cotto again or chavez again and make 8 figures. Golovkin has nobody to turn to to make 8 figures. Team canelo knows this and that is why they are playing hardball.
it's like floyd fighting de la hoya at 154. If he had his choice they would have fought at 147. But he had no choice if he wanted to share a ring with oscar and get that mainstream exposure. And floyd was p4p number 1 and still took the short end of the stick. The risk was worth the reward. Same applies for gennady. The risk is worth the reward.
sign the ****ing contract and let's get ready for mexican independence
like you said yourself, Canelo is no Floyd or Oscar. He doesnt sell a million buys on his own. Therefore he is in no position to play diva like Floyd and Oscar did, since he's not putting up their numbers.......
and just because the risk-reward ratio makes sense to YOU (based on knowing only ONE aspect of the deal), that doesnt mean its worth it to the parties involved.....
If anyone can explain to me how $15m is a bad deal using mathematics, I'll stop considering Team GGG's stance unreasonable.
on its face its not "terrible", but you are assuming its a clean deal with no options or other obvious landmines. Unfortunately though Loeffler sits there and smiles like a retarded kid instead of putting the other terms on main street. I can pretty much guarantee you the "offer" contained 1 or all of the following:
1. Options demand on GGG
2. Language setting financial terms on rematch
3. Escape clause letting Canelo out of the deal.
I guarantee you there is an escape clause, because if there wasnt then they wouldnt be able to execute the rematch clause that is in the chavez deal.
But in the end none of that matters. Fights of this magnitude are done on percentage deals. Might be more than 15, might be less. But they are willing to take their chances that its less so why the heavy resistance from Golden Boy? hmmmm............
That's the thing that most people don't get..... GGG is half of the equation in regards to why people want to see this fight. Canelo needs him too, it's his only fight that has a real chance of doing a million + buys. There are a lot of fans that aren't interested in paying for upcoming fights of both guys but will fork over their $70 for Canelo vs GGG.
We don't know how well this fight will do, the possibilities in terms of buys are quite high and Golovkin deserves a deal that sees his earnings grow alongside the PPV numbers, how does Khan get a percentage but Golovkin doesn't?? .... what PPV had Khan sold or been involved in? ..... before anyone tells me Khan made less than 15 million, of course he did... it was a much smaller fight than Canelo vs GGG. Golovkin is a bigger draw than Khan as far as any US based fight is concerned, why is a better draw getting a proportionally worse deal?
Canelo and GBP just seem to send trash offers to whoever they aren't interested in fighting. Chavez Jr's career was literally in the bin before this fight which is why they could rape him in negotiations.
I'll say it again...... I have never heard of anyone accepting a flat fee in the biggest fight in the sport and I don't think it should start with Golovkin. Doesn't matter what he's made before this fight, he's a unified champion, consensus top 5 p4p fighter and Canelo's strongest B side option by far.
It does matter how much you've got paid in the past. You don't go from 2 million to 15 million in the boxing game. Canelo is not floyd mayweather. None of canelo fights has done 1 million buys and the ggg fight probably won't either
Team golovkin would be stupid to risk a 15 million dollar flat fee just to get a percentage of a ppv fight that may do less than a million buys.
This ain't mayweather/Pacquiao. Canelo vs golovkin isn't guaranteed to do a million buys.
plus what's Golovkin's alternative? Keep fighting for 2 million dollars per fight? It would take golovkin at least 7 more fights to make 15 million dollars without canelo.
Canelo can fight cotto again or chavez again and make 8 figures. Golovkin has nobody to turn to to make 8 figures. Team canelo knows this and that is why they are playing hardball.
it's like floyd fighting de la hoya at 154. If he had his choice they would have fought at 147. But he had no choice if he wanted to share a ring with oscar and get that mainstream exposure. And floyd was p4p number 1 and still took the short end of the stick. The risk was worth the reward. Same applies for gennady. The risk is worth the reward.
sign the ****ing contract and let's get ready for mexican independence
Oscar and Canelo blabbing on and on and on about "its up to GGG to accept" and blah blah blah, knowing damn well that a flat fee offer is dead in the water, not to mention whatever other garbage they put in that "offer"
Loeffler should return the favor and publicize ALL the terms in the GBP offer. But he wont. He will still sit quietly in the corner and play the "Switzerland" role while Oscar and Canelo try to make him look like a clown day in and day out.
The BOSS move Loeffler could make here would be to secure the Saunders fight for June, and publicly withdraw from any further Canelo negotiations. Control all 4 belts, and if Canelo ever wants to win a middleweight belt then screw negotiating with those clowns, send it to purse bid. Even if Canelo petitions the sanctioning body for a better split, worse case scenario would be 50-50.
Im just so tired of this same nonsense day after day after day........
Great post, Oscar is full of it, and Canelo as well putting up all the lies and excuses and now desperately trying to blame GGG for the fight not happening.
I just wish Loeffler could change, but apparently he cant. He is just too nice and respectful. Luckily its not 6 months, the fight will be dead by the end of June/early July. Thats the latest Canelo has to announce his September fight.
Really hope that GGG gets Saunders in June, but Saunders is another case of a terrible bigmouthed coward and you never know what will or will not happen, who knows, maybe Saunders even has another fake injury, sits out for half a year and makes another shady deal with the WBO so he can fight Canelo in September.
9y ago
Ugh, 6 more months of hearing...... | BoxingScene Community