Mayweather created Mayweather promotions, so then why is he...
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Because that's Mayweather being a rich ass and wanting some legacy in the sport to make him feel better when his name is being mention along side with the top promotion company of this time.Comment
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Guys... y'all have short memories.
Do you remember who promoted the Baldomir fight? (I apologize to Pacquiao fans who didn't follow the sport "way back then").
Do you remember last year when mayweather flew down to Florida to meet with Don King? Well, that was a leverage play to squeeze a better deal from GBP. Floyd uses GBP as a free-agent promoter because GBP has the existing infrastructure and relationships to set up the fights.
And those deals benefit GBP as well (what have been GBP's biggest fights in recent years?). Since Oscar isn't fighting, and there are no more big-budget Hopkins or Barrera fights, what would GBP do with their existing staff and overhead?
It is a symbiotic relationship that works well. The events have been all class, and everybody has made a ton of money.
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GTP promoted "Pretty Risky". While Floyd liked the professionalism, he wasn't happy with the absence of "hype".
GBP has had a relationship with Swanson PR. And Kelly has added a lot in terms of making the events "big".
Think to yourself: when did weigh-ins become such BIG events routinely?Comment
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Anyone want to bet some real money Floyd is not signed to GBP?
Floyd and DLH have a partnership to promote fights. It cost a lot of money and a lot of time to promote a fight. It takes over 6 months to promote a big fight on PPV. DLH and his company already have a formula that works with promoting fights. GBP fronts and promotes the fights with Floyd and they get their money back and make a profit after the fight.
Floyd is a free agent.Comment
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Goosen tutors along with Mayweather promotions? We also have Hatton promotions affiliated with GBP, He had Winky promotions affiliated with GBP.... None of these promotional company need to have an office its just a way for them to take more of their own money home without the risk involve in selling a fight.
As a new promoter, you need to get a "name" fighter to headline your show. But a name fighter wants to be G'd up. Therein lies the economic risk.
Mayweather Promotions operates under the same business model as most of Donald Trump's businesses. You don't really think Trump owns all those buildings, do you?
MP is a pass-through company. A broker of sorts. He "hires" GBP to do all the executional work. The MP set-up is actually pretty smart. The clothing line is horrific.
At some point, Floyd will get his license, and it will be seamless and invisible to the common fan. Meanwhile, his name, logo, experience is already in place. Is that smart or ******?
I do give Floyd credit for this: he isn't cheap with putting on a show. He tried to get Judah on the undercard of the Marquez fight.
DO YOU REMEMBER WHO WAS ON THE UNDERCARD OF THE BALDOMIR FIGHT? I DO.
Also, look at who sings the national anthems...stars. Look at his ring walks: 50 Cent, the O'Jays, etc. Dude spends a little money to give the fans a show....before the bell of course :-)Comment
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