Originally posted by Boricua181
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July 26, 2022
While the promotional problem may no longer be at play, Arum believes the economic one still persists. Arum’s contention is that a Spence-Crawford fight would not generate enough pay-per-view buys to cover both the high guarantees that would go to the fighters but also the profit expectations from the financial backers. Arum put the blame squarely on internet piracy.
He also suggested that unless the en****** in charge of the fight—in this case PBC and presumably Showtime—are willing to lose money on the fight the options are dismal. The fighters, according to Arum, are not inclined to take a percentage of the net pay-per-view sales at the expense of their guaranteed purse. To that end, the only way to make the fight work from a financial standpoint, Arum said, is to involve a wealthy benefactor or entity who would be willing to underwrite the bout.
“Same problem,” Arum told FightHype.com. “It’s a big fight. It has a tremendous interest for people who follow boxing, but that doesn’t necessarily translate into revenue from pay-per-view, which is the biggest source, because of the piracy.”
“The fighters realize how big a fight it is and they want to be paid big amounts of money and the promoter, in this case PBC, has to look at it and say you know, hey, we’ll put it on, we’ll give you nice guarantees, but you have to be willing to live with the upside, which the fighters realize now probably will not develop. Again, unless somebody wants to subsidize that fight I don’t know how it gets done.”
Arum did offer a possible solution, and that is to lower the typical American price point of a pay-per-view package. Arum pointed to the example in the United Kingdom, where the price point is typically less than in the United States. Arum believes that dropping the price could dissuade potential thieves.
https://www.boxingscene.com/arum-on-...-fight--167893
He never wanted to do it! The list of stars continues! Oscar, Floyd, Cotto, Mikey, Pacquiao, and now Crawford!
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