So Floyd got 70 Million out of a fight that made around 50 million today in PPV buys? Add maybe another 6-8 million for gate. then the fight generated about 57 million and change.
So then they give floyd 70 million.
JMM gets 4 million
HBO 24/7 costs an average of 3 million to produce
employees, NSAC, advertisers etc will add millions more.
The promotion itself probably cost about 15-20+ million before paying the fighters, but of course everyone involved will pay Floyd more than the total generated gross income of the fight, while they lose their shirts and go bankrupt.
I love your math. Everyone loses money for Floyd!LOL
So Floyd got 70 Million out of a fight that made around 50 million today in PPV buys? Add maybe another 6-8 million for gate. then the fight generated about 57 million and change.
So then they give floyd 70 million.
JMM gets 4 million
HBO 24/7 costs an average of 3 million to produce
employees, NSAC, advertisers etc will add millions more.
The promotion itself probably cost about 15-20+ million before paying the fighters, but of course everyone involved will pay Floyd more than the total generated gross income of the fight, while they lose their shirts and go bankrupt.
I love your math. Everyone loses money for Floyd!LOL
I just re did those numbers, and they are not right. I read that and assumed it was true but when I did the numbers on my own it doesnt make sense. His purse was probably around 35-40 then.
Still too high. They are there to make money. Golden boy has it setup so they make money, HBO makes money, and everyone else makes money, not hand it all to Floyd. Floyd made maybe 15 million max for the fight.
Then PACMAN is gonna make 150 million dollars if he sell more then 2 mill PPV.
Not really exposed at all. I stated a number that I read read from a source I believed to be legitimate. Upon a few minutes worth of research, I realized this source, and its statistics on the fight were flawed.
Still too high. They are there to make money. Golden boy has it setup so they make money, HBO makes money, and everyone else makes money, not hand it all to Floyd. Floyd made maybe 15 million max for the fight.
Guranteed 10, 7 from the purse and then another 20 from the ppvs
I commented on that also. Total gross revenue for that fight would be around 60 milion. PPV carriers, athetic commissions, promotors, advertisers, undercard fighters, opponents etc. I could go on and on you know would eat at least 2/3rds of that revenue. Then there are other expenses. and that is not net income, that is just the cost of the promotion(inclusing the other fighters I guess). That is not including the bottom line of profit that HBO wants and what GBP wants.
They are not going to let Floyd walk away with all the profits. I guarantee Floyd made no more than 15 million.
I hope they spend their Money well...
7.5 Million dollars for Pacquiao
&
4 Million dollars for Cotto is probably the most money these guys
have ever seen in their life...
Congratulations Pacquiao and Cotto, finally all their hard work is paying off ..!!
is this true? didn't pac get paid more for his fight with oscar? didn't miguel get paid more for his fights with shane and margarito?
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