by David P. Greisman - All too often, what happens outside of the ring has consequences on what goes on inside the ring.
Substantially and tangentially, the economy has changed the Sweet Science.
Major matches are made with money from television networks and arena license fees. Superstars demand millions of dollars. Even world titlists who have never been marquee fighters will earn comparatively healthy sums.
But networks are cutting back and, in turn, they usually want their money’s worth. Casinos and other venues are learning that they no longer can rely on an “event” to produce, automatically, an audience ready to part with what had once been expendable cash.
Yet boxers are still used to earning this much for a title fight, that much for a Showtime bout, that much for an HBO appearance. It’s just that those amounts aren’t always available anymore.
It is hard to swallow one’s pride and take a pay cut just to stay busy. So now fighters fight less, holding out for the biggest fights and/or the biggest paydays, and all the while there are fewer television dates available to them. [details]
Substantially and tangentially, the economy has changed the Sweet Science.
Major matches are made with money from television networks and arena license fees. Superstars demand millions of dollars. Even world titlists who have never been marquee fighters will earn comparatively healthy sums.
But networks are cutting back and, in turn, they usually want their money’s worth. Casinos and other venues are learning that they no longer can rely on an “event” to produce, automatically, an audience ready to part with what had once been expendable cash.
Yet boxers are still used to earning this much for a title fight, that much for a Showtime bout, that much for an HBO appearance. It’s just that those amounts aren’t always available anymore.
It is hard to swallow one’s pride and take a pay cut just to stay busy. So now fighters fight less, holding out for the biggest fights and/or the biggest paydays, and all the while there are fewer television dates available to them. [details]
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