EDDIE HEARN has set a three-week deadline to strike a deal for Anthony Joshua to face Deontay Wilder this year. The WBA, IBF, IBO and WBO champion's promoter wants more information from Wilder's team about their 36m offer which would be the highest purse in heavyweight history. Click Here To Read More]
Huh? He said he only had 10 days after the 12.5M offer. We're waaaay past that and now it's 2-3 weeks from now? Hearn is a piece of shít!
Atleast he actually sent an offer and a contract. Even having he still is willing to meet and negotiate. That is whats important
Not only is Hearn a scumbag but he's clueless to the market for Boxing in America.
How is so? He actually makes an effort to make the big fights, doesnt let his ego get in the way. Doesn't insist on keeping it in house amd so forth
I can't answer for others here Uppercut but to run with your hypothetical scenario...
I wouldn't take 'let's roll' to be the equivalent of:
'I accept any and all terms, will not seek to uphold my contractual obligations to third parties and do not need to know anything further to give full assent.'
In fact I'd be more inclined to take it the way I take all boxers speeches, particularly when being challenged by a rival, as being a mixture of bravado and machismo with very little commercial reasoning as those areas are covered by his manager.
I'd say he would be entitled to ask about the money, but I'd also say that the money could clearly be generated by the proven business model underpinning the offer.
If Hearn refused a meeting or any discussion I'd condemn that action as being contrary to good business practice.
hearn just stated the fight is now 70% complete which means something positive happened no need to focus on something from last week. hopefully the fight is made, but demanding wilder to take 12.5 then switching your tune with this 50mil is a bit rubbish.
he said offer him $50mil and he would take the fight, he also said lets roll! imagine if wilder said give him 12.5mil and he would take the fight, then it comes and he says lets roll, and days later he and his team starts saying he needs proof the money is there, then the proof comes and then its more excuses, u all would have a field day.
I can't answer for others here Uppercut but to run with your hypothetical scenario...
I wouldn't take 'let's roll' to be the equivalent of:
'I accept any and all terms, will not seek to uphold my contractual obligations to third parties and do not need to know anything further to give full assent.'
In fact I'd be more inclined to take it the way I take all boxers speeches, particularly when being challenged by a rival, as being a mixture of bravado and machismo with very little commercial reasoning as those areas are covered by his manager.
I'd say he would be entitled to ask about the money, but I'd also say that the money could clearly be generated by the proven business model underpinning the offer.
If Hearn refused a meeting or any discussion I'd condemn that action as being contrary to good business practice.
A lots changed commercially since the Martin fight, not least in the relative strength of AJs negotiating position.
What evidence is there that AJ wishes to take this fight without any further details being made available?
he said offer him $50mil and he would take the fight, he also said lets roll! imagine if wilder said give him 12.5mil and he would take the fight, then it comes and he says lets roll, and days later he and his team starts saying he needs proof the money is there, then the proof comes and then its more excuses, u all would have a field day.
A lots changed commercially since the Martin fight, not least in the relative strength of AJs negotiating position.
What evidence is there that AJ wishes to take this fight without any further details being made available?
AJ himself was very quick to say, "Let's roll."
It's not a question of taking the fight without any further details. It's a question of confirming that 50 million would be acceptable if the other details are agreeable.
When you're negotiating a complicated deal, you work on the biggest and most important deal points first. In boxing, the biggest and most important deal point is ALWAYS THE MONEY. Until you've got a mutual understanding on the money, you've got nothing. You don't start negotiating the color of the ring posts and which energy drink will sponsor the fight until you've reached an agreement in principle on what the money would be.
It's a really bogus excuse though. The same thing could happen in any fight. Parker's team refused to sit down with Eddie until there was an agreement in principle on the money. Then they sat down to negotiate the finer points. When Eddie offered Haymon 5 million for the Charles Martin fight, none of the smaller details were worked on until Eddie knew 5 million would be sufficient. Then Haymon's options were negotiated, etc.
Eddie is just making up excuses because he doesn't want to accept the offer. The problem for Eddie is that AJ does want to accept the offer. Which was Haymon's entire strategy here. Make an offer that is so crazy that AJ himself will hopefully demand that Hearn accept.
A lots changed commercially since the Martin fight, not least in the relative strength of AJs negotiating position.
What evidence is there that AJ wishes to take this fight without any further details being made available?
Hearn has stated that he doesn't want to give assent, see the headlines generated and then have to withdraw assent because the details cannot be agreed. That would potentially damage the brand so it's a non starter.
It's a really bogus excuse though. The same thing could happen in any fight. Parker's team refused to sit down with Eddie until there was an agreement in principle on the money. Then they sat down to negotiate the finer points. When Eddie offered Haymon 5 million for the Charles Martin fight, none of the smaller details were worked on until Eddie knew 5 million would be sufficient. Then Haymon's options were negotiated, etc.
Eddie is just making up excuses because he doesn't want to accept the offer. The problem for Eddie is that AJ does want to accept the offer. Which was Haymon's entire strategy here. Make an offer that is so crazy that AJ himself will hopefully demand that Hearn accept.
If he wants to have the money placed in escrow, ask for the money to be placed in escrow somewhere verifiable.
If he wants to get other deal points, agree to the money first and let the rest of the talks happen. Negotiations don't go the way that Hearn wants, he and Joshua are free to walk.
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Hearn has stated that he doesn't want to give assent, see the headlines generated and then have to withdraw assent because the details cannot be agreed. That would potentially damage the brand so it's a non starter.
Folks expecting him to get the money that was asked for, and then dictate to Haymon/Finkell/DiBella how they should make their money back is pretty rich
He's in a position where he can have both, large earnings and his contractual obligations and a side requirements met.
He doesn't need Haymon/finkel/Dibella or Wilder for that matter to make massive amounts of money. So the 50m doesn't provide as much leverage as it would against another fighter.
Still it's entirely fair for Haymon et al to make their money from taking the risk. That's why Hearn wants to know up front if it's a deal they can accept. To restate the obvious, a meeting would sort this stuff out.
Lol, you really don't get it do you? Hearn needs to see the terms of the offer before he knows if the money is worth it, or even if the money is actually there.
If he wants to have the money placed in escrow, ask for the money to be placed in escrow somewhere verifiable.
If he wants to get other deal points, agree to the money first and let the rest of the talks happen. Negotiations don't go the way that Hearn wants, he and Joshua are free to walk.
Folks expecting him to get the money that was asked for, and then dictate to Haymon/Finkell/DiBella how they should make their money back is pretty rich.
World of Boxing doesn't care
You're not thinking this through. Hearn knows for a fact that AJ vs Povetkin would be worth a hell of a lot more than $23million in the UK, and Ryabinski knows it would make a hell of a lot more money for Povetkin in the UK than in Russia, if he got a decent deal from Hearn, which he would.
Whatever Hearn bid for the fight, 75% of it would go straight into he and AJ's bank accounts.
Other things to consider .. Wlad was a much bigger name in Russia than AJ is now, and Povetkin was still young, prime for a HW, so worth investing the money in. He's 38 yo now, past prime and nearing the end of his career. I can't see his promoter wanting to bid even more than he spent to get Wlad on a fight with AJ. And it would take more than $23 million to beat Matchroom if it went to a bid.
They put up over $23m for the fight, paid Wladimir Klitschko $18m for the fight, and I doubt that they came even remotely close to making back the money, and they didn't care.
I've never been to Russia (and don't plan on being in Russia), but from all of the imagery of the guy that's been put out, Povetkin is basically made out to be the Russian Rocky Balboa, imo.
The man is still a top 5 heavyweight, is still fighting at a top level, and there's no other Russian fighter near him in starpower.
You add the spectre of bringing three world titles and Anthony Joshua, to a group that already didn't care about making money, and the bid is going to be far bigger than it has any right to be.
World of Boxing is openly looking at outbidding Saudi Arabia to host Usyk-Gassiev.
$50m for the bid, $38m to Joshua, Povetkin getting his pay (whether he gets $12m or a piece of the whole event is unimportant), and minimize whatever loss on the event that may come (Hearn/Sky pay for the UK rights, Showtime gets matching rights for whatever WoB can get offered in the US, whatever money the Russian government can cover for the fight in TV and event sponsors, the live event, etc) yet not really care.
Because, after Povetkin, the next closest guy would be Gassiev if he beats Usyk, and even that might not work in Russia, so the billionaire head of the Russian boxing federation will be sitting around, with money in his pocket, waiting on the next great Russian fighter to come through.
I quoted it for you earlier. Finkel never said he wouldn't talk. He especially didn't say he wouldn't listen.
Well if AJ wants to say no to the fight because he is already rich....so be it. Hope he does it and tells us so we know.
Check this out, if you haven't already seen it: https://www.boxingscene.com/forums/showthread.php?t=780658
The last I heard, Finkel said he wouldn't talk to Hearn unless Hearn had AJ agree to the offer first.
And even if they did talk to him.. again, wouldn't it make more sense to just tell Hearn the details of the offer, rather have him write out a list of all the possible objections he might have, which may or may not be relevent, then they tell him whether his objections apply or not?
AJ is a multi-millionare already. He made $60million from his last 3 fights, and lord knows how much from sponsorship deals on top. A couple of weeks ago he was asked to consider a possible $500million contract offer from Dana White.
His response? Talk to Eddie. Haymon and Finkel need to do that too.
AJ isn't going to go running after them because a of possible $50million, which they are refusing to even allow Hearn to verify for him.
I quoted it for you earlier. Finkel never said he wouldn't talk. He especially didn't say he wouldn't listen.
Well if AJ wants to say no to the fight because he is already rich....so be it. Hope he does it and tells us so we know.
It's just as easy for Hearn to pick up the phone and communicate his show stoppers as it is for them to give him the requested details. However, as many have said, when someone is guaranteeing $50M, they expect folks to submit to their plan without much hand ringing.
Let's be clear, we are only here because Joshua popped his mouth saying that if they guaranteed him $50M he would sign asap.
The last I heard, Finkel said he wouldn't talk to Hearn unless Hearn had AJ agree to the offer first.
And even if they did talk to him.. again, wouldn't it make more sense to just tell Hearn the details of the offer, rather have him write out a list of all the possible objections he might have, which may or may not be relevent, then they tell him whether his objections apply or not?
AJ is a multi-millionare already. He made $60million from his last 3 fights, and lord knows how much from sponsorship deals on top. A couple of weeks ago he was asked to consider a possible $500million contract offer from Dana White.
His response? Talk to Eddie. Haymon and Finkel need to do that too.
AJ isn't going to go running after them because a of possible $50million, which they are refusing to even allow Hearn to verify for him.
Wait? Did he provide Team Wilder with all that information when he made the offer to them? Everyone knows that there was no way Hearn would let AJ agree to a 50 million offer and letting Team Wilder promote the fight and choose the date and venue.
He would have absolutely sat down and talked terms and conditions if they’d have said they were interested in 12.5
Wilder’s bunch of amateurs wouldn’t even meet or provide ANY info at all LOL. How do you agree to something that you don’t know what it is?
Hearn said “we’re interested- let’s talk,” and those fools just didn’t want to.
Likely because it was all PR anyway.
I guess so. But wouldn't it be a lot easier and more productive if they just told him the details of whatever they are planning to do, then he could tell them whether it's all ok with and him and AJ?
If it is .. bingo! Send the contract, we've got a fight!
And if there are details he doesn't agree to .. well at least both sides know where the other stands, and what they need to work out to get the deal done.
It's just as easy for Hearn to pick up the phone and communicate his show stoppers as it is for them to give him the requested details. However, as many have said, when someone is guaranteeing $50M, they expect folks to submit to their plan without much hand ringing.
Let's be clear, we are only here because Joshua popped his mouth saying that if they guaranteed him $50M he would sign asap.
The fight looks fairly close to being agreed but Wilder fans are still trying to squeeze everything out of the "Hearn don't want it doe/Joshua scared doe" angle. They are going to look even more stupid when this fight is signed.
You guys do it to yourself every time a fight is discussed.
My take on it is that Wilder and AJ probably want to fight each other next, but their promoters didn't want it till a fight down the line for each.
Specific location concerns can be communicated by Hearn without "knowing" where they plan to host the fight. That's on him. As far as sponsorships contracts and dictating to an "A" side, all of that goes out the window when you issue a guarantee of $50M. You're paying for Matchroom/Joshua to step back.
I guess so. But wouldn't it be a lot easier and more productive if they just told him the details of whatever they are planning to do, then he could tell them whether it's all ok with and him and AJ?
If it is .. bingo! Send the contract, we've got a fight!
And if there are details he doesn't agree to .. well at least both sides know where the other stands, and what they need to work out to get the deal done.
8y ago
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