Hedge Fund source uncovered

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  • Hustle
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    #51
    Originally posted by Roadblock

    You answered the point, its not near as risky to guarantee say 3mill like it is to guarantee 20 ml on fighters that are not household names, TC and Spence are in that limbo to stardom stage they both needed this fight to propel the winner into that Canelo like status, when the top guys throw down that backend split percentage can be way bigger than a promoter guarantee which will low ball because its guaranteed.
    I think Bud fckd up here on the finance side of things.
    I agree they needed this fight to take the next step. But they damn sure didn't need to do it without guaranteed money.

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    • Hustle
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      #52
      Originally posted by Gary Coleman

      So you don't understand how splits, or business in general works. Gotcha.
      I understand that all ppv fights have guaranteed purses.

      Bud vs spence isnt some anomaly that should be different than any ppv that came before it

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      • Roadblock
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        #53
        Originally posted by Hustle

        I agree they needed this fight to take the next step. But they damn sure didn't need to do it without guaranteed money.
        I don't think a guarantee would be a problem, the amount of the guarantee would be, especially how TC prices himself, he made it so nothing reasonable is acceptable to him, he could have invented the 25 mill phantom hedge fund to try and force PBC to match it and it didn't work.

        I just think TC should do the boxing and employ people he trusts to do the business side for him, TC is not very smart with business and appears to be greedy based on rrior dealings from all reports, even Porter said how stubborn he is to deal with.

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