Originally posted by Chups
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Comments Thread For: Mayweather Rejects Pacquiao's 50-50 Proposal For May 5
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Pacquiao is taking zero financial risk in putting the fight together, yet he want a equal revenue split....
Roger Federer does not make money off the sales of strawberries and cream at Wimbledon, nor does Derek Jeter’s contract include the Yankees’ TV contract in Asia. Mayweather has devised an altogether different model for marquee athletes.
But, under this model, the expenses are Mayweather expenses, too, including advertising (radio spots, print ads, TV commercials), publicity (press tours, news conferences), sanctioning fees, legal contracts and insurance. For a fight of this magnitude, Schaefer said the expenses would run about $10 million.
First, Mayweather will write himself a check this week in the neighborhood of $25 million. This is similar, in concept, to the guaranteed money that other fighters receive from their promoters, but the check is much larger. Besides Mayweather, only Manny Pacquiao would command that much. What Mayweather earns in addition depends on the success of the event.
If 1.4 million or 1.5 million fans buy the fight — which is expected — Mayweather will make about $40 million, Schaefer said.
For comparison, consider Pacquiao. For his coming November fight, Top Rank has guaranteed $22 million and a percentage of other revenue for a total of $30 million, said Bob Arum, chairman of Top Rank. If the fight is canceled because of a natural disaster, for example, Pacquiao will still make $22 million, whereas Mayweather would stand to lose much of his total earnings.
Because Mayweather has averaged about 1.5 million pay-per-view buys in his last four fights, and because no natural disaster has wiped out any boxing event in recent memory, he considers his risk quite low. Even Arum, Mayweather’s stated nemesis, conceded “there’s no loss, only profit.” He added: “In the end, it may be less than the guarantee, but it’s all profit.”
Arum and others, however, believe that there is value in promotion and that Mayweather would make even more if he ceded total control. Mayweather disagrees, and even says the formula can be duplicated by other fighters — for a fee, of course.
“That’s going to cost you!” he said.
http://www.nytimes.com/2011/09/17/sp...nted=2&_r=1&hpLast edited by TP6 U Snitch; 01-20-2012, 03:46 PM.
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- OST
- 50/50 split purse
- 50/50 split promotional revenues
- Guaranteed purses
- May 5th, 2012
- MGM Grand venue
- WBC & WBO Championship Belts
- The Ring Championship Belt
- Lineal & Undisputed Champion
- Pound for Pound Number 1
- ATG ranking advancement
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every unbiased fan knows the blame falls squarley on floyds shoulders if the fight is not made !!!!!!!!!!! but im afraid even if mayweather is forced to change his stance on the purse spit .... he will still come up with another obsticle to prevent the butt whooping that manny would be handing to him !!!!!!
so lets all just count all of mayfeathers obstickles
1. drug testing
2. 70/40 split
3. smaller venue
4. going on vacation
5. slandering mannys name in the public
shaking my dogon head !!!!!! is this the person you floyd fans really want to place your faith in a lying , coward ???? !!!!!!
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And here comes 1000 pages of Mayweather fans, looking for PPV numbers all over the internet. Mayweather is a douche.
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Originally posted by jrosales13 View PostWhy is anyone jumping the gun without knowing if the emails are real or not?
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Er Take 50/50 and make it easy.
Didn't Arun say he will guarantee PAC 50%? And MayweTher needs a guarantee? Then Mayweather said don't worry about my guarantee, just fight on May 5th.
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Originally posted by bMak View PostTo the fickle, let's think for a minute here. Use your brain before your emotions get the best of you.
First, Manny has publicly stated he'd take a smaller split.
Second, and most important, I think Floyd's playing the game here. He wants them to concede on the 5th and the MGM so he'll in turn have to concede something. Him turning down 50/50 was likely to get the ball rolling and it has as, per Levi, "negotiations are now taking place."
If Floyd plays it right, maybe they reach a point where Pacquiao agrees to May 5 if Floyd agrees to 50/50. Give it another week, two at the most.
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