I remembered when pbc first started I would read on this forum and others that pbc would take over the boxing world. top rank and gbp would be out of the business. pbc had half a billion and over 200 fighters signed. they burned through that money and some fighters have left plus pbc got kicked off fox espn nbc and other networks. What happened? Pbc was supposed to bring boxing back to free TV and the mainstream. Where did it all go wrong?
It is no guess at all. I know for a fact Fox isn't paying for boxing.
Sorry man, you're wrong on this one. Fox isn't paying much, but they're paying and either your friend doesn't exist, is lying to you, or isn't in a position where he'd be privy to those details. Part of the deal with FS1 is that quarterly specials air on Fox. Those quarterly specials aren't time buys. They have small budgets, hence the big names not appearing. The time buys ended a long time ago.
You sent the press release for the time buys from over 3 years ago.
You were the one making the crazy claim that time buy = no press release and press release = no time buy. Clearly your theory was not only crazy, but also easily proven wrong.
IF THE PBC actually had a tv deal where Fox was paying for say 4 shows a year there would have been a press release publicizing that showing how the PBC was a success because it led to this deal.
Haymon wouldn't want that kind of attention because it would just remind people of the time buys. "We're getting paid now!" is a pretty lame thing to get publicly excited about because it's just shining light on the fact you weren't getting paid before.
Thank you for finally admitting you are simply guessing whether it's a time buy or not.
Thank you for admitting your guess is based on nothing other than some bizarre logic that press release = not a time buy.
This logic is incredibly flawed for a variety of reasons, the most obvious of which is that deals that were time buys had press releases!
http://presscenter.premierboxingchampions.com/press-releases/boxing-makes-its-spectacular-return-primetime-network-television-march-7-premierIt is no guess at all. I know for a fact Fox isn't paying for boxing. I have a friend who works for Fox. They are blowing their wad on WWE not boxing.
You sent the press release for the time buys from over 3 years ago. Fox just isn't that interested in boxing.
IF THE PBC actually had a tv deal where Fox was paying for say 4 shows a year there would have been a press release publicizing that showing how the PBC was a success because it led to this deal. You know it and I know it and everyone knows it.
if it was true that it isn’t a time but all u have to do us pust the press release pbc and fox put out that outlines the deal. Since fox doesn’t pay pbc there is no press release which is why u don’t post it.
Thank you for finally admitting you are simply guessing whether it's a time buy or not.
Thank you for admitting your guess is based on nothing other than some bizarre logic that press release = not a time buy.
This logic is incredibly flawed for a variety of reasons, the most obvious of which is that deals that were time buys had press releases!
http://presscenter.premierboxingchampions.com/press-releases/boxing-makes-its-spectacular-return-primetime-network-television-march-7-premier
Ok, well thank you for telling us 8/4 is a time buy, even though you have no proof, say you don't need proof, haven't offered how you know, and are demanding I prove it's not a time buy, which I can't possibly prove to you since I can't prove a negative.if it was true that it isn’t a time but all u have to do us pust the press release pbc and fox put out that outlines the deal. Since fox doesn’t pay pbc there is no press release which is why u don’t post it.
:lol1: If PBC's failing then who's winning?
the definition of winning has changed pretty drastically now that trump says it for everything even when he loses or does something stupid
I'm allowed to change my name, not against the rules of the site.
No it certainly isn't but it is against the rules to post racist comments and you continually get banned for doing so.
PBC didn't fail, it's still going, but they cater to the hardcore boxing fan(us). Those that cater to the casual fan(everyone else not including us) will succeed more. It's the same reason people were excited about a Mayweather/Mcgregor fight and the same people wouldn't pay $10 to see Crawford vs Spence.
this guy knows whats up. the hardcores love fights like berto alexander. we know thats a great fight
PBC didn't fail, it's still going, but they cater to the hardcore boxing fan(us). Those that cater to the casual fan(everyone else not including us) will succeed more. It's the same reason people were excited about a Mayweather/Mcgregor fight and the same people wouldn't pay $10 to see Crawford vs Spence.
I don't need proof. I don't have to prove a negative so I know its a fact.
Ok, well thank you for telling us 8/4 is a time buy, even though you have no proof, say you don't need proof, haven't offered how you know, and are demanding I prove it's not a time buy, which I can't possibly prove to you since I can't prove a negative.
I don't have to prove a negative. You're saying it's a time buy. Do you have proof?
Never said that and again, I don't have to prove a negative. You said they're being paid over 100 million. I asked if you had proof. I didn't say they weren't being paid that. I don't need proof. I don't have to prove a negative so I know its a fact.
PBC is still around, but it is nowhere near being "the savior of boxing", as it was once projected to be. Simply put, it had too many fighters and not enough fights.
u say the August 4 fox show isn’t a time buy where is your proof?
I don't have to prove a negative. You're saying it's a time buy. Do you have proof?
You say top ranking ain’t going to be paid over 100 mil for their espn deal. Where is your proof?
Never said that and again, I don't have to prove a negative. You said they're being paid over 100 million. I asked if you had proof. I didn't say they weren't being paid that.
A former music manager who was sued by Beyonce for conspiring with her father to steal millions of dollars for her. Said managers company then pays Beyonce $4m for unspecified reasons. (hrmm maybe paying her back with interest and some hush money on top of it)
A wallstreet investor who sending close to a billion dollars in the direction the music manager with a history of trying to steal peoples money, then leaves the investment firm to work with said music manager.
Immediately their business model is to overpay the fighters significantly.
They contract out "promotion" to small promoters. How much were they paying them?
Who else was getting paid, and how much more than what they should reasonably have been getting paid were they paid?
That might not seem like much on the face of it, but over invoicing is one of the more effective ways of laundering money.
http://www.gfintegrity.org/issue/trade-misinvoicing/
If you take a shady wallstreet guy, and a shady music promoter who likes to steal money, and they manage to secure almost a billion dollar investment. Whats the most logical conclusion for what their plan for the money was?
It was fairly clear from how things unfolded with PBC that they never had any intentions of creating a long term viable business model. Haymon failed at trying to steal from Beyonce, but found himself a nice fat cow to milk dry with Waddell & Reed and PBC.
He ran through nearly a billion dollars. You dont do that overpaying fighters, you do that overpaying everyone with the understanding that a percentage of that overpaying is going to end up in your pocket.
Add in the fact that Ryan Caldwell, the man at Waddell & Reed that orchestrated the financing of PBC jumped ship to work with Haymon afterwards.
Then add in the $925 million dollar lawsuit filed by shareholders against Waddell & Reed for violating their fiduciary responsibility for investing in PBC, with the text of the complaint literally reading
Unbeknownst to investors, starting in or about April 2013, the Trustees permitted and approved purchases by Ryan Caldwell, one of the two portfolio managers of the Funds, of approximately $925 million of private securities in a start-up and potentially criminal company in the field of professional boxing promotion. These purchases had no economic justification, but rather were motivated by Caldwell's personal interest and benefit.
As a portfolio manager, Caldwell was supposed to be allocating the Funds' money based on the objective merits of the prospective companies and the investments, not acting to personally ingratiate himself with a boxing promoter or attempt to assist in the management of a private company... In fact, in June 2014, Caldwell actually resigned from the Funds, supposedly to join one of Haymon's companies as ‘Chief Operating Officer.' Caldwell's resignation raises issues over whether he was fired by the Trustees for making these investments, or whether he had a quid pro quo agreement with Haymon's company.
If you look at everything for what it is, PBC has just been an excuse for Caldwell and Haymon to defraud Waddell & Reed out of an incredible amount of money.
I have no obligation to prove something isnt. Youre claiming the Fox shows are time buys. You have no proof. I dont have to offer proof they arent time buys wheb you havent offered proof that they are.
Youre making the unsupported claim and then asking me to prove the opposite. It'd be like if I said I could fly and then asked you to prove I couldnt.
You cant prove that I cant fly. But you shouldnt have to. If I say something is, the onus is on me to prove it.
You say the August 4 PBC show is a time buy. Where's your proof?u say the August 4 fox show isn’t a time buy where is your proof?
You say top ranking ain’t going to be paid over 100 mil for their espn deal. Where is your proof?
It’s not a negative. So using your logic Espn is a 9 figure deal since I have no obligation to prove a negative that it’s not a 9 figure deal. See how that works?
I have no obligation to prove something isnt. Youre claiming the Fox shows are time buys. You have no proof. I dont have to offer proof they arent time buys wheb you havent offered proof that they are.
Youre making the unsupported claim and then asking me to prove the opposite. It'd be like if I said I could fly and then asked you to prove I couldnt.
You cant prove that I cant fly. But you shouldnt have to. If I say something is, the onus is on me to prove it.
You say the August 4 PBC show is a time buy. Where's your proof?
You're claiming it's a time buy. Where's your proof? I have no obligation to prove a negative.
It’s not a negative. So using your logic Espn is a 9 figure deal since I have no obligation to prove a negative that it’s not a 9 figure deal. See how that works?
I will as soon as u prove fox is paying for PBC fights. This should be good. I wonder how long this will take.
You're claiming it's a time buy. Where's your proof? I have no obligation to prove a negative.
Don't tell me what I know. Prove all the claims you made.
I will as soon as u prove fox is paying for PBC fights. This should be good. I wonder how long this will take.
i already did. 9 figure deal isn’t 9 figures annually.
Fox does not have a boxing budget and u know it. FS1 has a minimal one and u know it. That’s why they aren’t even doing 20% the amount of shows they did last year.
These are all facts
Don't tell me what I know. Prove all the claims you made.