This will probably only matter to people in Florida and Texas (or perhaps not), but Winghouse is no longer showing boxing PPV fights.
I stopped in yesterday to eat and happened to notice there were no Canelo-Chavez posters up, so I asked one of the managers who i've known for 15 years what the deal was. He told me that the owners of Winghouse (some hedge fund that Crawford sold the chain to a few years back) ran the numbers and decided that boxing PPVs are a loser at the cash register, and they wont be doing them anymore. UFC however still performs well and they will continue on with UFC PPVs.
This is very disappointing, and I hope it isnt the start of a trend going forward. I usually have people over for a good PPV fight, but its nice sometimes just to go out to Winghouse and eat and hang out.........
Considering these places are in Texas & Florida which I believe both to be highly Hispanic states, that one would think would have a lot of boxing fans already, if they weren't making money before idk why it would change with this fight. Its not THAT big of a fight.
This might have to do with boxing fans being cheap mfers or something actually lol. Cuz if they gotta pay a grand (or whatever) to show the fight & they don't have a cover (idk if they do or not at this specific place) then they need to recoup their expenses + make a profit via your food & drink purchases. If boxing fans aren't buying & UFC fans are it makes all the sense in the world as a business owner to not purchase boxing PPV's.
This is America. I would also not dismiss the possibility, regardless of how much money could be generated, that some of these businesses do not WANT to attract huge Hispanic (or any 'demographic') crowd. Especially if it conflicts with their 'typical' crowd.
As Black folk can attest to and the old saying goes: All money ain't good money.
How much do they charge for showing a UFC at a business establishment vs a boxing event?
can't remember what they charge but Steve Kim wrote a piece earlier this year (or last year) about it.
Apparently it costs a lot. Back in the early 90's I aksed a bar owner why he wasn't ordering a PPV fight at that time, he said he is charged $3k to show it. Today it's about twice as much.
https://www.google.com/amp/deadspin.com/how-much-will-your-local-bar-pay-to-show-the-mayweather-1701543657/amp
Pretty odd timing considering Canelo vs Chavez Jr is going to do big numbers.
I could see passing on Ward vs Kovalev or Golovkin vs Jacobs. Those are fights that are drawing hardcore fans. But this fight should have huge mainstream crossover appeal.
Among the Latino community. The general public doesn't care about this fight.
its not that boxing can't draw its that boxing PPVs are actually twice more expensive than UFC PPVs, no one wants boxing PPVs anymore because they suck in terms of cost.
Pretty odd timing considering Canelo vs Chavez Jr is going to do big numbers.
I could see passing on Ward vs Kovalev or Golovkin vs Jacobs. Those are fights that are drawing hardcore fans. But this fight should have huge mainstream crossover appeal.
well in a general sense when in retail some of your products are "loss leaders", used simply to bring customers into the store.
If every single thing in business comes down to P/L, then they might as well start charging for salt, pepper, ketchup, & mustard too.....
They do charge you for salt n pepper n ketchup.. they just build it into menu price.
Boxing ppv is a huge price tag, like thousands and thousands of dollars depending on occupancy level and how many tv screens..
Typically cost about 4-7k...
have to be an idiot to shell that out and treat it like a loss leader..
What do you expect.. boxing is horribly managed and promoted in America...
Years ago in college, I worked at Buffalo Wild Wings.. I talked owner into getting the ppv fights.. he was all for the UFC as it always drew a crowd but couldn't get him to touch jones-tarver 3.. told me point blank- no boxing unless it's mike Tyson, that was the only boxer that could actually draw a crowd
That's business. It costs them over a grand to air a PPV at a commercial establishment. If they're not recouping that money at the door or in food/drink sales, why would they continue to offer it? To please the fanbase of a dying sport?
well in a general sense when in retail some of your products are "loss leaders", used simply to bring customers into the store.
If every single thing in business comes down to P/L, then they might as well start charging for salt, pepper, ketchup, & mustard too.....
I called a bunch of places close to me and only one place is showing it.
Its an awesome place though with great food and lots of beers.
Lots of chicks too. So I don't mind lol.