Originally posted by CONQUERING
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"I'm ready to fight Pacquiao 5/5/12 Bob Arum know the date can't change"
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Originally posted by CarlosG815 View Post*******,
I know quite well what it means. When you took Micro-excusonomics 101 you certainly havent missed a lesson, but maybe you should have showed up to microeconomics.
By assuming they can generate another 40 million, you are assuming that seats that are far out of the range of the first 16000, they can sell those seats on average for 1200+ per seat. So to average it out, you would say that some of the seats outside of the 16k perimeter would sell for 4k? Then the nosebleeds would sell for 500-800 or whatever number to average 1200+ per seat?
It makes no sense no matter how you try to spin it. It isn't that I can't wait that long, it's the simple fact that it is a blatant excuse.
And IMO an outdoor stadium COULD very well be constructed by May 5 if it started right away. Nothing about it makes any sense, which is why I am not even entertaining the idea that this could be a legitimate reason from Fraudiao's camp, because it simply does not make sense to the extent that it MUST be an excuse.
He doesn't want the fight. Not May 5th, not end of May, and not in June. He just doesn't want it.
B) I'm sure by now Bob Arum has figured out he's losing a ton of money via the usual method they sell tickets- ie, through ticketmaster. The tickets are usually sold out within a few days because secondary vendors buy them in bulk and hike up the prices. For Manny-Marquez, stubhub had ringside tickets selling for as much as $16-20K, and nosebleeds tics as high as $1,000, and they were ALL sold out. They could make more by initially hiking up the prices (which they will) and keeping more for themselves instead of letting the secondary markets gobble them up. In addition, by building their own stadium, Top Rank would not be beholden to MGM properties, they would only have Wynn Casinos as a partner, and even that may not be necessary if TR puts up the capital itself, which they very well could.
C) With the proper configuration, the bolded could be the going price, and even if it wasn't, a $1,200 per seat average might even be more on the conservative side. Hell, they had $2,400 as the cheapest nosebleed seat in Dallas for the Superbowl in a 100K+ capacity stadium. You're thinking way too small.
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Originally posted by big_james10 View PostThe question you should be asking yourself is why did Arum wait until January to bring up this stadium idea?
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guys, we are also talking about a temporary building that's going to be built over a period of many months
three weeks really isnt **** in the grand scheme
it should not derail a fight of this magnitude
for that much money you can pay engineers to make the damn thing happen
get a prefab stadium (have it built in sections to save time and put it together on site)
try something new. you should ahve gotten about five different bids on this thing already if you were serious, and would have your options well laid out and would likely figure out a way to shave three weeks off of the construction
get some goddamn folding chairs
i dont give a truck
they can make this happen
they just arent getting it done
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Originally posted by CONQUERING View PostThePrince HAS to be Arum's intern.
I've been of the opinion since Floyd announced he booked the MGM for Cinco De Mayo 2 weeks before Pac-JMM 3 that he did so with the plan of fighting a Mexican from GBP's stable, this is well documented. All this tweeting just backs up the idea he's using Manny's name to pump up interest for the date he picked randomly without consulting or negotiating with the guy he supposedly reserved it for (see Mayweather-Ortiz 'And yes Manny pacquiao, you're next... I never said that').
Just trying to get some more opinions as to why May 5th is this holy, immovable and why a later date (only 3 weeks) could be MUTUALLY agreed upon and more $ can come of it. June 1st is the jail date, May 19th or 26th in no way affects that.
So... ideas?Last edited by ThePrince; 01-17-2012, 08:16 PM.
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Originally posted by Simply Zyzz View Postthe judge delayed the jail sentence due to the contract obligation of may 5th to the mgm
what part of that dont you understand you idiot!!!?
That enough to risk this fight not happening. Plus Arum said that he's open to the MGM but in late May which the Prince chose to ignore. There is no excuse for the fight not to take place in May 5th.
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