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Reasons why PBC is the new HBO Boxing
1. Savvy leadership, and a ton of money to spend.
With all the hate, and disgust that PBC gets, which is normal for businesses led by **********/women, it's easy to miss the fact that Al Haymon, his fighters, and his investors changed boxing forever, they essentially snatched HBO's business out from under their noses, and then commercialized the game in a way that had never been done before. Al Haymon in terms of marketing, strategy, legal savvy is the most accomplished boxing executive that ever lived, and with an army of fighters, an endless amout of big money fights that can be made at any time, PBC controls the direction of the sport. Al has basically destroyed the ALI act, and is operating as a manager, and shadow promoter, and the US justice system can't do anything about it. Matchroom, Top Rank, even Golden Boy have attempted to duplicate Haymon's model, but they don't have the cash, the stable, the angel investors to really compete. In so many words, they are bigger better, smarter, and more viable than the competition
2. HBO's arrogance led to PBC's rise
When Jim Lampley, Larry Merchant, and HBO sports decided not to celebrate Floyd Mayweather, and disrespect him at every turn, on every broadcast, they surrendered their business to Mayweather, and Haymon. Floyd getting sick of them and leaving was the end of HBO boxing, especially when Haymon moved on Golden Boy. None of it would have been possible, if HBO had simply treated Floyd with the respect he deserved, it's like CBS sh//ting on Tom Brady EVERY single Sunday, not celebrating him as he wins championships, that's how absurd it got. To make matters worse, this wasn't the first time, they lost Mike Tyson for the same reasons, and BARELY recovered thanks to Oscar. They didn't learn from a near fatal mistake. HBO Boxing believed they were an irreplaceable institution in the sport, and that led them to down a path of destruction. They paved a golden road for PBC to seize the mantle and take it to the next level.
3. PBC has the sport on lock for at least the next 20 years
PBC, with the money, the big fights, the record breaking PPV buys, the biggest stable in boxing history, and the chance to go public, the lights will only get brighter from here, and as it's happening, other promoters are going to get squeezed out. ESPN/Disney is dying for the Top Rank contract to expire as they are cost cutting across the board, Golden Boy is a mom and pops business at this point, Matchroom has no US presence and won't as Hearn is really disliked stateside by the wrong people. DAZN is going to dump Hearn/Golden Boy within 2 years, and most like sign a deal with Haymon, makes more sense for them. As the PBC's money continues to flow, non PBC fighters will be forced to fight on the platform, for example Ryan Garcia, or even what Canelo just did, he bounced because there is more money, bigger fights, most mainstream exposure at PBC. The Saudi's have all kinds of cash, but they don't have the network/stable/infrastructure to really make a serious dent, just one-off fantasy events, not sustained consistent boxing programming. PBC is in pre-UFC mode, eventually they will be the dominant, and only promotion that matters in the worldwide.
4. People are getting PAID
Not just the fighters, who make much MORE money than we realize, the investors are 10-xing as well, imagine if you came in for 3% equity BEFORE the PBC train really got rolling, with differing levels of stock, people reducing shares etc, the return is in the billions, and forget about it once the IPO is filed. EVERYONE is getting paid, all those successful PPVS, the angel investors, the corporate deals they have negotiated, give them an earning potential that is limitless. UFC kicks butt in a similar way in MMA, but MMA fights, fighters, events, don't compare to boxing events financially, it's a different level of earning. Long term, PBC is a billion-dollar global businesses that will unify the sport under one banner, and everyone will continue to get paid. It's called prize fighting, minimizing risk while maximizing earnings, PBC is the is going to be the spot for a long time.
1. Savvy leadership, and a ton of money to spend.
With all the hate, and disgust that PBC gets, which is normal for businesses led by **********/women, it's easy to miss the fact that Al Haymon, his fighters, and his investors changed boxing forever, they essentially snatched HBO's business out from under their noses, and then commercialized the game in a way that had never been done before. Al Haymon in terms of marketing, strategy, legal savvy is the most accomplished boxing executive that ever lived, and with an army of fighters, an endless amout of big money fights that can be made at any time, PBC controls the direction of the sport. Al has basically destroyed the ALI act, and is operating as a manager, and shadow promoter, and the US justice system can't do anything about it. Matchroom, Top Rank, even Golden Boy have attempted to duplicate Haymon's model, but they don't have the cash, the stable, the angel investors to really compete. In so many words, they are bigger better, smarter, and more viable than the competition
2. HBO's arrogance led to PBC's rise
When Jim Lampley, Larry Merchant, and HBO sports decided not to celebrate Floyd Mayweather, and disrespect him at every turn, on every broadcast, they surrendered their business to Mayweather, and Haymon. Floyd getting sick of them and leaving was the end of HBO boxing, especially when Haymon moved on Golden Boy. None of it would have been possible, if HBO had simply treated Floyd with the respect he deserved, it's like CBS sh//ting on Tom Brady EVERY single Sunday, not celebrating him as he wins championships, that's how absurd it got. To make matters worse, this wasn't the first time, they lost Mike Tyson for the same reasons, and BARELY recovered thanks to Oscar. They didn't learn from a near fatal mistake. HBO Boxing believed they were an irreplaceable institution in the sport, and that led them to down a path of destruction. They paved a golden road for PBC to seize the mantle and take it to the next level.
3. PBC has the sport on lock for at least the next 20 years
PBC, with the money, the big fights, the record breaking PPV buys, the biggest stable in boxing history, and the chance to go public, the lights will only get brighter from here, and as it's happening, other promoters are going to get squeezed out. ESPN/Disney is dying for the Top Rank contract to expire as they are cost cutting across the board, Golden Boy is a mom and pops business at this point, Matchroom has no US presence and won't as Hearn is really disliked stateside by the wrong people. DAZN is going to dump Hearn/Golden Boy within 2 years, and most like sign a deal with Haymon, makes more sense for them. As the PBC's money continues to flow, non PBC fighters will be forced to fight on the platform, for example Ryan Garcia, or even what Canelo just did, he bounced because there is more money, bigger fights, most mainstream exposure at PBC. The Saudi's have all kinds of cash, but they don't have the network/stable/infrastructure to really make a serious dent, just one-off fantasy events, not sustained consistent boxing programming. PBC is in pre-UFC mode, eventually they will be the dominant, and only promotion that matters in the worldwide.
4. People are getting PAID
Not just the fighters, who make much MORE money than we realize, the investors are 10-xing as well, imagine if you came in for 3% equity BEFORE the PBC train really got rolling, with differing levels of stock, people reducing shares etc, the return is in the billions, and forget about it once the IPO is filed. EVERYONE is getting paid, all those successful PPVS, the angel investors, the corporate deals they have negotiated, give them an earning potential that is limitless. UFC kicks butt in a similar way in MMA, but MMA fights, fighters, events, don't compare to boxing events financially, it's a different level of earning. Long term, PBC is a billion-dollar global businesses that will unify the sport under one banner, and everyone will continue to get paid. It's called prize fighting, minimizing risk while maximizing earnings, PBC is the is going to be the spot for a long time.