Comments Thread For: Bob Arum: Buying 'A Piece of Top Rank is Very, Very Expensive ... No Incentive to Sell'

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  • BIGPOPPAPUMP
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    #1

    Comments Thread For: Bob Arum: Buying 'A Piece of Top Rank is Very, Very Expensive ... No Incentive to Sell'

    Top Rank won't be under new ownership anytime soon, it appears. Bob Arum, the nonagenarian head of Top Rank, the respected firm that he founded in 1973, recently indicated that he is not as keen on selling his promotional company as he has been in previous years.
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  • elfag
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    #2
    Well since theyre non public there is no set price.

    Buyers probably want book value and Arum probably wants way more. IDK why he is dying soon anyways what is he going to do with the money?

    The "value" of the brand itself is highly subjective and that is where Arum's ego will say the value of his name brand alone is sky high.

    DAZN are a bunch of ******s so I am glad they didnt buy it, if UFC wanted to buy 40% of it, *** it lets see what happens, the big fights arent happening anyways how much worse could things get.

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    • Slip jab
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      #3
      Bob grew on me over the years, I’m glad he’s not selling

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      • richardt
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        #4
        Originally posted by elfag
        IDK why he is dying soon anyways what is he going to do with the money?
        I think Arum believes he can hook a Uhaul to a Herse and take it with him, metaphorically speaking.

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        • OnePunch
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          #5
          Originally posted by elfag

          The "value" of the brand itself is highly subjective and that is where Arum's ego will say the value of his name brand alone is sky high.

          I think the "brand" value of ANY promotional company is pretty much ZERO. The value would be in the projected revenue of remaining promotional contracts and broadcast agreements, and the value of their content library. And you are correct that the library value is entirely subjective.

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          • thack
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            #6
            Bob is a truly amazing character who WILL probably take his money with him !

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            • TheIronMike
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              #7
              Bob ain't selling his business to a Goyim.

              It's already in his will to pass on to someone in his family.

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              • War Room
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                #8
                So that was Dana White's big plan a few years ago, to guy a piece of Top Rank. HAHA, loser!

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                • turnedup
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                  #9
                  Bob and his son in law saw what was coming. Top Rank owns more fight video rights I believe than anyone else. He finessed the networks on those rights and likely took less short money in favor of long term earnings. It’s a smart move, top rank will exist longer than most companies just off that alone. I’d say they are likely profitable for the library alone before even making a current era fight dime for the year.

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                  • rckdees
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                    #10
                    This scumbag truly thinks he’s going to live forever

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