Brick Top reminding Eddie Hills who the boss is.
Collapse
-
-
Comment
-
The infamous Eddie “The Billericay Iceman” Hills.
Despite there being no actual evidence, Eddie is a reliable and honest guy who would never make this sort of stuff up, I’m sure he’s telling the truth!Comment
-
If only it was that simple.
Purse bids rarely have the winning promotor paying the full purse to their guy. They win the purse because their fighter took a deal, meaning they can offer more.
They only pay the opponents purse.
For example, if Fury agreed to take $20m (just a number), they could bid $100m for the purse and only end up paying the opponents part of it. Fury would take $20m regardless.
In this case 20% of $41m is $8m. So they will pay that + whatever Fury agreed to.
Incredibly likely that has happened here. It'll never actually cost $41m.
That's how most purse bids end up, unless you're Teo and refuse to deal because you want the cash more than a 'home' promotion.
The purse split made it almost impossible for Queensbury to lose the purse - unless Fury refused to budge from what he was 'entitled' to, but that's rare.
Comment
-
Let us not forget that 40% of that 41 million goes back to the promoter, then management, and so on and so forth. Eddie will get his 1.76 million and Arum/Warren get their 7 million back. So we shall see how this pans out. If Whyte walks away from this he is a smooth idiot.Comment
-
There is nothing to stop a promoter cutting a deal with his own fighter before putting a bid in, especially if his fighter is a massive A side.
Eg, if Fury told Frank and Bobby Liar he would be ok with $25million, they add Whyte's $8million on to that and everything else comes straight back to them.Comment
-
Exactly so.
If only it was that simple.
Purse bids rarely have the winning promotor paying the full purse to their guy. They win the purse because their fighter took a deal, meaning they can offer more.
They only pay the opponents purse.
For example, if Fury agreed to take $20m (just a number), they could bid $100m for the purse and only end up paying the opponents part of it. Fury would take $20m regardless.
In this case 20% of $41m is $8m. So they will pay that + whatever Fury agreed to.
Incredibly likely that has happened here. It'll never actually cost $41m.
That's how most purse bids end up, unless you're Teo and refuse to deal because you want the cash more than a 'home' promotion.
The purse split made it almost impossible for Queensbury to lose the purse - unless Fury refused to budge from what he was 'entitled' to, but that's rare.Comment
-
Clearly wanted it, yes. Why wouldn't he? 32M is a big bid.
Why would acquiring the rights necessarily be profitable? Would it be true at 50M? 60M? It's a statement that you can't make without some kind of formula. But it's 100% wrong to say that acquiring the rights would surely be profitable.
Presumably Hearn considered that number to be around the 32M mark. It's not like he would look to get it on the cheap when TR/Queensberry combined had the 80% fighter. They could always bid more.
Comment
Comment