That is gate plus PPV. $25m, excludes sponsorship which I estimate was $5m
Total gross $30m - $35m
Wilder took $3m
and Ortiz $1.5m
Numbers were very successful for TV, and promoters!
even if they took a loss it was a slight one...i believe even a floyd ppv or two might have taken a small loss...but they didnt care that much because they knew they had a piece of bigger fights.....if wilder gets fury and then AJ or ruiz they know theyll make some money down the line......people spend money to make it
a slight 10 million loss?
yeah that first fury fight was a real success...oh wait no they were lucky to make anything from that one if anything, and that was with much smaller purses for the fighters. sometimes when you are in the weeds too much you think things are more popular than they actually are. they created a monster. a money losing monster.
and ruiz? lol! yeah what a popular fighter he is.
there only hope is joshua. the guy they already spurned. will wilder and haymon realize he is their salvation and admit they are wrong? or will they bring down themselves and pbc because they are hard-headed? stay tuned!
why make a thread just to make up fantasy numbers? pbcs deal with the provider gives them 70 percent of the profits from the ppv. apparently it did 225k. that means about 12 million with 4 million from the gate(which i believe they are counting promoters buying their own tickets) where do you get 30-35 million? thats 16 million math wizard. the purses were 27 million. sure you can add international rights and little things like that but at the same time you have to account for marketing which was probably in the millions. they lost more than 10 million dollars by conservative estimates. thats like conservative groups buying millions of books to get their stooge on the best seller list. look what a popular book! what a popular pundit! not really...
No clue they don't release their sources. But since PBC shill reported his numbers ESPN and other media have disputed those numbers. Latest numbers that have been reported is by ESPN saying 225K buys and Rick Glaser said it didn't even crack 200K buys.
Former Network Exec and PPV expert Evan Rutkowski said either 225K or 275K which ever number you believe BOTH are below expectations and that the fight lost money.
got ya...yeah it seems like financially it did not sell well...PPV is just not too great these days...I also don't like when these journos are shilling either, while claiming to be independent...oh well.
All of these Wilder criticism threads means Wilder has made it!
Glad Wilder has succeeded, he’s come a long way!
So many said he wouldn’t be an Olympic medalist, wouldn’t be a champion, wouldn’t last long as champion, wouldn’t be on PPV, wouldn’t sell good in arenas, wouldn’t compete with tough competition and wouldn’t be a star!
Wilder vs Fury 2 can’t wait!
Purses:
https://www.forbes.com/sites/joshkatzowitz/2019/11/21/deontay-wilder-vs-luis-ortiz-2-purses-heres-how-much-the-bronze-bomber-and-king-kong-will-make/#761307701e60
https://www.express.co.uk/sport/boxing/1208310/Deontay-Wilder-vs-Luis-Ortiz-2-prize-money-fight-purse-how-much-win-earn
Wilder turned down $100 million for that LMFAOOOOOO
No, fights don't "get passed on by networks all the time."
Greedy promoters, managers, fighters would just have to make
adjustments, like purse demands, etc., so that fights get made.
In this case, Wilder's camp don't have any choice but to go to Fox.
And since Fox is their only choice, they can't possibly be crazy
enough to insist on their wasteful demands.
Beggars can't be choosers.
In reality, PPV's are the only ways to make fights happen.
Networks would rather just do it on regular subscription cable.
Then the deal becomes you get your ridiculous money demand
if the PPV sells. Otherwise, deal with it.
You didn’t tell us why you keep harping on sho passing on the fight.
Also, the sanctioning bodies doing things like emeritus designations eliminates the purse bid. Open competition like a purse bid would drive the price up, not deflate it.
So really why are you so mad haymon gets his product in TV and consumers support it?
I wonder where he got his numbers from. Would be interesting to hear that
No clue they don't release their sources. But since PBC shill reported his numbers ESPN and other media have disputed those numbers. Latest numbers that have been reported is by ESPN saying 225K buys and Rick Glaser said it didn't even crack 200K buys.
Former Network Exec and PPV expert Evan Rutkowski said either 225K or 275K which ever number you believe BOTH are below expectations and that the fight lost money.
Even the forbes article says:
If you’re wondering why those purses seem so low for bonafide heavyweight stars, don’t fear. Both men likely will make much more money when the PPV receipts are tallied, and it’s certainly possible Wilder—who is a -600 betting favorite while Ortiz is a +450 underdog—has a large guarantee for additional millions (if not tens of millions) from Premier Boxing Champions.
https://www.espn.com/espn/now?nowId=1-28137130
Per the Nevada State Athletic Commission, here are the official contract purses for Saturday night's PBC/Fox PPV card in Las Vegas: Deontay Wilder $3 million (but his guarantee is really about $20 million), Luis Ortiz $1.5 million (but his guarantee is closer to $7 million), Leo Santa Cruz $750k (but he's guaranteed about $2 million), Miguel Flores $100k, Brandon Figueroa $200k, Julio Ceja $50k, Luis Nery $300k, Emmanuel Rodriguez $75k.
The purses alone were almost 30M. And anywhere from 30-50% of PPV buys revenue goes to the PPV providers cable/satelite companies
Even the forbes article says:
If you’re wondering why those purses seem so low for bonafide heavyweight stars, don’t fear. Both men likely will make much more money when the PPV receipts are tallied, and it’s certainly possible Wilder—who is a -600 betting favorite while Ortiz is a +450 underdog—has a large guarantee for additional millions (if not tens of millions) from Premier Boxing Champions.
That's a good find
The fight clearly lost money. We have had 3 different reports on the PPV buy numbers 275K by a PBC shill Jake Donovan, less then 200k by Rick Glaser and the most recent numbers reported as 225K released 2 days ago by ESPN.
https://www.espn.com/espn/now?nowId=1-28226836
The rematch between heavyweight world titlist Deontay Wilder and Luis Ortiz, who got knocked out in the seventh round at the MGM Grand in Las Vegas on Nov. 23, generated a live gate of $4,063,141.50 from 7,403 tickets sold, according to figures released Wednesday by the Nevada State Athletic Commission. There were 1,726 complimentary tickets given out, the commission said. Premier Boxing Champions does not release its pay-per-view figures but according to an industry source the Fox PPV generated approximately 225,000 buys.
I wonder where he got his numbers from. Would be interesting to hear that
Half the PPV goes to the cable providers. Wilders purse was rumoured to be 20 mil and Ortiz 7 mil. Complete failure of a PPV.
PPV = 10 mil
Gate = 4 mil
- 27 mil purses
- Undercard purses
- marketing
= Massive ****ing losses.
Lmao cable providers get $5 per order.
Nice try. Keep making up crap.
Even if you take the PBC shill 275K number which I have no reason to believe is true since 2 others have now disputed it that's still not enough to make this fight break even. Anywhere from 30-50% of PPV buys revenue goes directly to the cable/provider's. And Wilder alone was guaranteed 20M as part of his agreement to turn down the 100M DAZN offer. Ortiz was guaranteed 7M to turned down the DAZN offer to fight Joshua in June. That's 27M in purses alone before you get into money spent advertising the fight. Even if you believe the highly bogus 275K number that's only about 20M in total PPV revenue. You left with 6-10M when you done paying the PPV providers. Gate was only 4M. They didn't even generate enough to cover Wilder's 20M guarantee.
The fight clearly lost money. We have had 3 different reports on the PPV buy numbers 275K by a PBC shill Jake Donovan, less then 200k by Rick Glaser and the most recent numbers reported as 225K released 2 days ago by ESPN.
https://www.espn.com/espn/now?nowId=1-28226836
The rematch between heavyweight world titlist Deontay Wilder and Luis Ortiz, who got knocked out in the seventh round at the MGM Grand in Las Vegas on Nov. 23, generated a live gate of $4,063,141.50 from 7,403 tickets sold, according to figures released Wednesday by the Nevada State Athletic Commission. There were 1,726 complimentary tickets given out, the commission said. Premier Boxing Champions does not release its pay-per-view figures but according to an industry source the Fox PPV generated approximately 225,000 buys.
The fight lost money, but FOX probably doesn't mind. It goes toward building the fighter's profile and Wilder is too expensive to put on regular FOX. So they can recoup some of the money and let their budget for boxing cover any losses.
Plus there's international fees and sponsors that aren't accounted for.
Bottom line is these types of fights are not even PPV worthy.
That is if you've followed boxing long enough to know which is.
In this case they're trying very hard to show this guy like he's
some modern-day Mike Tyson or something.
Times have changed. People will always find ways to watch things for free.
So they end up fooling people like it did this number.
And use it as a negotiating tool in their next fight.
Fans need to wake up and stop being treated like fools.
Even the forbes article says:
If you’re wondering why those purses seem so low for bonafide heavyweight stars, don’t fear. Both men likely will make much more money when the PPV receipts are tallied, and it’s certainly possible Wilder—who is a -600 betting favorite while Ortiz is a +450 underdog—has a large guarantee for additional millions (if not tens of millions) from Premier Boxing Champions.
That’s the unknown, what is he getting above his purse, a % of the sales or as posters claim a guaranteed lump sum payment with no link to sales.
I would be shocked if networks would agree a guaranteed lump sum beyond his purse, even Mayweather had none, but a guaranteed % for PPV sales.
So, in summary.
In order to keep the WBC belt and retain Deontay Wilder, PBC will be taking a loss of $10,000,000+ per fight if this carries on.
Great business model.
If his purse was $3m, which it was, it is sustainable
So, in summary.
In order to keep the WBC belt and retain Deontay Wilder, PBC will be taking a loss of $10,000,000+ per fight if this carries on.
Great business model.