Is 20% for Dillian Shyte fair given his market value?

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  • WBC WBA IBF
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    #31
    Originally posted by Marchegiano
    The purse bid is like X paid most so X gets to write the %'s or is there more negotiation to a purse bid than that?
    Each org has their own standard purse bid split. Standard WBC split is 70/30 split of 90% of the bid, with 10% of the bid going to the winner of the fight. An interim champion would typically get more than 30%.

    But, in "extraordinary" circumstances where one of the fighters is a huge star, his promoter can petition to have a special split. For instance, if a mandatory had ever tried to take Floyd Mayweather to a purse bid, the WBC likely would have modified the standard split to 90/10 because Mayweather can show he makes sooooo much more money than the opponent that 70/30 wouldn't be fair.

    So that's what's going on here. Fury made $25 million per fight in his past two fights. Whyte made half a million. It's such a wide disparity that Top Rank was able to successfully lobby for an 80/20 split. It's well within the WBC rules for them to change the split when the recent purses of the fighters are that far apart.
    Last edited by WBC WBA IBF; 12-23-2021, 01:01 PM.

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    • SUBZER0ED
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      #32
      Why do you disrespect the man, calling him shyte? The guy's a former mma fighter who has managed to get in the running for a shot at the HW crown in boxing. That can't be easy to do.
      Last edited by SUBZER0ED; 12-23-2021, 12:58 PM.

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      • Marchegiano
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        #33
        Originally posted by WBC WBA IBF

        Each org has their own standard purse bid split. Standard WBC split is 70/30 split of 90% of the bid, with 10% of the bid going to the winner of the fight. An interim champion would typically get more than 30%.

        But, in "extraordinary" circumstances where one of the fighters is a huge star, his promoter can petition to have a special split. For instance, if a mandatory had ever tried to take Floyd Mayweather to a purse bid, the WBC likely would have modified the standard split to 90/10 because Mayweather can show he makes sooooo much more money than the opponent that 70/30 wouldn't be fair.

        So that's what's going on here. Fury mad $25 million per fight in his past two fights. Whyte made half a million. It's such a wide disparity that Top Rank was able to successfully lobby for an 80/20 split. It's well within the WBC rules for them to change the split when the recent purses of the fighters are that far apart.
        So once a purse bid is called for the split is already set regardless of who wins the bid?

        This has **** all to do with this situation specifically, just curious, can a third party swoop in for purse bid, win the bid, and promote a fight that they don't even have a fighter in?

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        • WBC WBA IBF
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          #34
          Originally posted by Marchegiano

          So once a purse bid is called for the split is already set regardless of who wins the bid?

          This has **** all to do with this situation specifically, just curious, can a third party swoop in for purse bid, win the bid, and promote a fight that they don't even have a fighter in?
          The split is known before the auction is held as the split plays a big part in the bidding strategy. For instance, let's say it's a WBA bid (which has a 75/25 split) and you have the champion. It's very common to work a side deal with your fighter and say hey, I'm gonna bid huge to make sure we control the fight, but no matter how much you're "entitled" to from the bid, I'm actually only gonna pay you X. That goes on all the time.

          Yes, third parties absolutely can swoop in, as long as they're registered with the organization. If Fury-Whyte actually goes to auction, all registered WBC promoters can bid on the fight. There have been some wild purse bids in the past when someone comes in from nowhere and shocks everyone. Often times promoters will send someone on their behalf that nobody knows, as who is in the room can influence how much people bid. Remember, it's a blind auction. You put your number in an envelope and highest number wins. If it's a Top Rank vs Golden Boy fight, but Eddie Hearn is in the room, Top Rank and Golden Boy are going to bid more than they would if Eddie wasn't there. So Eddie might send a random dude on his behalf in hopes the other promoters don't figure out who that random dude is representing.

          Buster Douglas vs Evander Holyfield went to purse bid. Neither fighter's promoter won. A casino swooped in and bid over $32 million and won the rights (they ultimately lost money on the fight).

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          • ShoulderRoll
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            #35
            Originally posted by Marchegiano
            This has **** all to do with this situation specifically, just curious, can a third party swoop in for purse bid, win the bid, and promote a fight that they don't even have a fighter in?
            Yes.

            That's what happened when Triller won the purse bid for Teofimo Lopez vs George Kambosos.

            (Triller later was found to be in default, so the fight went to DAZN who was the second highest bidder.)

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            • deathofaclown
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              #36
              Originally posted by Marchegiano

              So once a purse bid is called for the split is already set regardless of who wins the bid?

              This has **** all to do with this situation specifically, just curious, can a third party swoop in for purse bid, win the bid, and promote a fight that they don't even have a fighter in?
              Yeah, That’s why some fighters don’t actually mind letting it go to purse bid because other promoters might pay over the odds just to secure the fight, and so the fighters will make good money, more than they might if they just negotiated a deal through their own promoter and opponents promoter.

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              • Marchegiano
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                #37
                Originally posted by WBC WBA IBF

                The split is known before the auction is held as the split plays a big part in the bidding strategy. For instance, let's say it's a WBA bid (which has a 75/25 split) and you have the champion. It's very common to work a side deal with your fighter and say hey, I'm gonna bid huge to make sure we control the fight, but no matter how much you're "entitled" to from the bid, I'm actually only gonna pay you X. That goes on all the time.

                Yes, third parties absolutely can swoop in, as long as they're registered with the organization. If Fury-Whyte actually goes to auction, all registered WBC promoters can bid on the fight. There have been some wild purse bids in the past when someone comes in from nowhere and shocks everyone. Often times promoters will send someone on their behalf that nobody knows, as who is in the room can influence how much people bid. Remember, it's a blind auction. You put your number in an envelope and highest number wins. If it's a Top Rank vs Golden Boy fight, but Eddie Hearn is in the room, Top Rank and Golden Boy are going to bid more than they would if Eddie wasn't there. So Eddie might send a random dude on his behalf in hopes the other promoters don't figure out who that random dude is representing.

                Buster Douglas vs Evander Holyfield went to purse bid. Neither fighter's promoter won. A casino swooped in and bid over $32 million and won the rights (they ultimately lost money on the fight).
                Originally posted by ShoulderRoll

                Yes.

                That's what happened when Triller won the purse bid for Teofimo Lopez vs George Kambosos.

                (Triller later was found to be in default, so the fight went to DAZN who was the second highest bidder.)
                Originally posted by deathofaclown

                Yeah, That’s why some fighters don’t actually mind letting it go to purse bid because other promoters might pay over the odds just to secure the fight, and so the fighters will make good money, more than they might if they just negotiated a deal through their own promoter and opponents promoter.
                Cheers buds, enlightening.

                So currently with the Fury-Whyte situation the dispute is more between Whyte and the WBC than Fury and Whyte? It's the WBC who wants Whyte to accept figures closer to standard figures if not absolutely standard figures for a high profile champion. What I mean to say is if 75-25 is base for the WBA then one has to assume the WBC/IBF/WBO's standard is abouts. I know the old BR rules was 70-30, so 70-30, 75-25, 80-20, all sound about normal to me.

                WBCWBAIBF, who I'll call simply "Bodies" from here out and forever because it's just easier, pointed out earlier a high profile, like Money, gets more like 90-10, so, I mean 80-20, that's just saying Tyson's a bit more famous than your average champion but hasn't got that Floyd level draw yet. No?

                And 45%, that sounds unheard of. Not gonna say it isn't, but for a no belter and basically no name? Is Whyte playing internal politics and trying the make the WBC give the interim a bump just for being interim or some such nonsense? I didn't realize Whyte was asking for special treatment. I took the whole draw conversation as special mistreatment because he's too unknown to be worth treating fairly.

                When you call it a uni surely %'s change?

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                • ShoulderRoll
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                  #38
                  Originally posted by Marchegiano





                  Cheers buds, enlightening.

                  So currently with the Fury-Whyte situation the dispute is more between Whyte and the WBC than Fury and Whyte? It's the WBC who wants Whyte to accept figures closer to standard figures if not absolutely standard figures for a high profile champion. What I mean to say is if 75-25 is base for the WBA then one has to assume the WBC/IBF/WBO's standard is abouts. I know the old BR rules was 70-30, so 70-30, 75-25, 80-20, all sound about normal to me.

                  WBCWBAIBF, who I'll call simply "Bodies" from here out and forever because it's just easier, pointed out earlier a high profile, like Money, gets more like 90-10, so, I mean 80-20, that's just saying Tyson's a bit more famous than your average champion but hasn't got that Floyd level draw yet. No?

                  And 45%, that sounds unheard of. Not gonna say it isn't, but for a no belter and basically no name? Is Whyte playing internal politics and trying the make the WBC give the interim a bump just for being interim or some such nonsense? I didn't realize Whyte was asking for special treatment. I took the whole draw conversation as special mistreatment because he's too unknown to be worth treating fairly.

                  When you call it a uni surely %'s change?
                  Tyson Fury's promoters are arguing that he deserves the 80-20 split based on the financials for his recent fights compared to Whyte's financials. If you look at the cold, hard numbers they aren't wrong.

                  45% for Whyte is absurd, considering that Deontay Wilder only got 40% for the third fight with Fury.

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                  • Shadoww702
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                    #39
                    This is at least

                    $2,000,000++

                    So *** yeah!

                    Probably $4,000,000 if they pay Fury $20

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                    • Shadoww702
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                      #40
                      Originally posted by ShoulderRoll

                      Tyson Fury's promoters are arguing that he deserves the 80-20 split based on the financials for his recent fights compared to Whyte's financials. If you look at the cold, hard numbers they aren't wrong.

                      45% for Whyte is absurd, considering that Deontay Wilder only got 40% for the third fight with Fury.
                      Whyte also got KO'd 2 fights ago against an old ass man.

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