Brick Top reminding Eddie Hills who the boss is.
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Fight made no sense for Hearn to bid big on, Whyte is on a fight by fight contract with him, what's he supposed to pay 45 mil for a one off event that may lose money?
Fish eyes (well Arum really) has overpaid to avoid being embarrassed by losing this bid to hearn (which would have been the only reason for hearn to bid huge, but would have been petty and bad business savvy)Comment
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it has to sell at least 1.3m ppv buys to maybe break even.
£31m purse, the undercard, the event itself, promoting the thing, the venue...
if it sells 1.3m buys @ £20, that's £26m.
Assume it sells out the principality, 80k attendance, that was $10.4m revenue when joshua fought parker in 2018, basically just north of £7m.
BT sports (not fisheyes) are taking the risk here.
It's funny how espn and bt sports are both ********, losing money on Fury just for vanity.
Eddie will be laughing. Whyte gets his £6m payday and eddie doesnt have to pay a penny for it. All he had to do was play the bidding mind games, much like how we see in football when clubs put in fake offers just to make their rival club pay more.
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arum is not paying for it. BT sports are. Bob said 'when fury fights in the US, we will promote it, when he fights in the UK, Frank will promote it'.Fight made no sense for Hearn to bid big on, Whyte is on a fight by fight contract with him, what's he supposed to pay 45 mil for a one off event that may lose money?
Fish eyes (well Arum really) has overpaid to avoid being embarrassed by losing this bid to hearn (which would have been the only reason for hearn to bid huge, but would have been petty and bad business savvy)
espn have made huge losses on Fury so far..and even that ppv revenue from the wilder fights is overblown given the second one was split between espn and fox, with both spending big money just to advertise the thing. The third one did 500k ppv buys. Huge loss given they paid Fury and Wilder.
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eddie's not taking any cut from this, it isnt his event. whyte is a free agent.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.
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Eddie acts as his promoter and agent. Therefore he is entitled to his 20%.
Question for ya….who had been representing Whyte this far? Exactly and it comes with a fee, regardless of purse bid.Comment
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representing in what capacity? dillian has his own people, he manages himself, has his own legal team. Eddie's only real involvement outside of any fight where he promotes him on a matchroom show, is to talk to him. it's the same with canelo. If canelo fights on a pbc show, eddie has nothing to do with it, even if he talks to canelo as an interested party.
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Both BT and Top Rank bidded on it together today ,Bob went over this in an interview. He said he can’t take all the credit a lot had to do with Warren but they helped out .
arum is not paying for it. BT sports are. Bob said 'when fury fights in the US, we will promote it, when he fights in the UK, Frank will promote it'.
espn have made huge losses on Fury so far..and even that ppv revenue from the wilder fights is overblown given the second one was split between espn and fox, with both spending big money just to advertise the thing. The third one did 500k ppv buys. Huge loss given they paid Fury and Wilder.
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