This article completely kills the whole "Boxing is Dead" saying

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  • TR vs. GB
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    #1

    This article completely kills the whole "Boxing is Dead" saying

    The state of boxing in 2012, part one

    By Kevin Iole, Yahoo! Sports
    Dec 23, 3:40 pm EST
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    Editor’s note: This is the first of a two-part feature. Read Part 2 here.

    Todd duBoef likes to refer to himself as “a boxing evangelist,” an odd choice of words for a low-key man who prefers to shun the spotlight. He’s an impeccably dressed 44-year-old who looks as if he’s stepped out of a Wall Street board room. He comes from a prominent Las Vegas family and could work in virtually any business he chose. He’s not promoting boxing because he needs to do something to pay the bills.

    He’s willing to stake his future, though, on the health of a business that is often shunned by the media and derided by its customers.

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    As long as Floyd Mayweather is drawing nine figures when he fights, you can't truthfully say boxing is in trouble.
    (Getty Images)
    He is evangelizing a sport that many say is dead, which one rival promoter terms “deathly ill” and which hasn’t been regarded as a top-tier sport for years.

    Yet, the normally low-key Top Rank president displays a messianic zeal for the fight game and scoffs at a suggestion from fellow promoter Lou DiBella that boxing “is deathly ill and getting sicker by the day.”

    From a global perspective, duBoef said, it has been a long time since the boxing business has been as robust. In Mexico, boxing does a booming business and the highest-rated network television program in 2011 thus far is the Manny Pacquiao-Juan Manuel Marquez fight from Nov. 12. That match did a 30.2 rating and attracted almost 40 million viewers on the free over-the-air network TV Azteca.

    “It was the highest-rated program of everything for the year: The Academy Awards, the World Cup, everything,” duBoef said.
    Last edited by TR vs. GB; 04-24-2012, 02:01 AM.
  • TR vs. GB
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    Boxing has long been a star-driven sport and it is no different today. Fights involving either Pacquiao or Floyd Mayweather Jr. are big business and routinely generate $100 million or more in gross revenue. Mayweather’s fight with Victor Ortiz sold 1.25 million on pay-per-view and generated $78.4 million in pay-per-view revenue alone.

    Pacquiao fought twice in 2011, doing just over 1.3 million buys for his May fight with Shane Mosley and registering 1.5 million sales for the bout with Marquez. The Pacquiao-Marquez bout generated $11.65 million in ticket revenue at the MGM Grand Garden Arena.

    But it’s not just fights involving Pacquiao and Mayweather which are doing well. Miguel Cotto and Antonio Margarito fought on Dec. 3 at Madison Square Garden in New York, drawing a sellout crowd of 21,239. The fight did more than 600,000 buys on pay-per-view.


    Matches involving heavyweight title-holders Wladimir and Vitali Klitschko routinely fill soccer stadiums in Europe. Wladimir Klitschko’s bout with David Haye on July 2 in Germany drew in excess of 50,000, though that is no surprise since he’s drawn over 200,000 in his last four bouts.

    “Boxing is a much healthier sport than it was 10 or 15 years ago,” duBoef said. “It has evolved to be positioned with the major brands out there. It’s positioned there. Before, it was a huge property that was huge for only one night, but it didn’t have the overall brand appeal. Now, you can see the brand appeal very, very relevant on a global basis.”

    He said that while the NFL is by far the most popular sport in the U.S., its global reach doesn’t come anywhere close to that of boxing. DuBoef conceded that if Indianapolis Colts quarterback Peyton Manning walked down a street in the U.S. alongside Mayweather and Pacquiao that Manning would be much more recognized by the average person he came across.

    [Related: Get a peek at what Floyd Mayweather’s cell will look like]

    But, duBoef said, take that same trio anywhere but the U.S. and both Mayweather and Pacquiao would dwarf Manning in recognition.

    “Look,” he said, firmly. “We drew 80,000 for a press conference in the Philippines [involving Pacquiao and Marquez] and 50,000 for one in Mexico City. Think about that for a second. We draw 130,000-some people for two press conferences. Doesn’t that tell you something?”
    Last edited by TR vs. GB; 04-24-2012, 02:04 AM.

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    • TR vs. GB
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      #3
      He’s not alone in his belief in the sport’s health, despite plenty of skepticism from outsiders. Golden Boy CEO Richard Schaefer said he’s “never been more bullish” about the sport’s future. Golden Boy staged 104 shows in 2011 and Schaefer said the appetite for it has yet to be quenched.

      Kathy Duva of Main Events laughed at suggestions that boxing will die once Mayweather and Pacquiao retire. The Duva family has been involved in boxing for many decades and have been one of the sport’s leading promoters for more than 35 years.

      She has heard the cries of boxing’s impending doom for much of that time.

      “Change the name Manny Pacquiao to Muhammad Ali and people were saying the exact same thing 30 years ago,” she said, laughing. “I can remember we were doing shows and people would say to us, ‘Why are you staying in this business? When Ali retires, it’s done.’ Well, Ali retired, and Mike Tyson retired, and Oscar [De La Hoya] retired and, guess what? Boxing is still around.”
      Last edited by TR vs. GB; 04-24-2012, 02:06 AM.

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      • TR vs. GB
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        #4
        In some ways, boxing is far healthy than is often stated. But there is still plenty to improve.

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        • Light_Speed
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          #5
          Even though they're telling the truth in this case, promoters are supposed to say positive things about boxing so their opinion is always gonna be biased.

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          • TR vs. GB
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            #6
            Originally posted by Light_Speed
            Even though they're telling the truth in this case, promoters are supposed to say positive things about boxing so their opinion is always gonna be biased.
            I agree but those global figures are truly startling and the only other sport that can do better than those is Soccer.

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            • sdcluser
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              #7
              Mmgay?????

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              • shadeyfizzle
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                #8
                Originally posted by TR vs. GB
                I agree but those global figures are truly startling and the only other sport that can do better than those is Soccer.
                Well that's 5 fighters that enjoy massive success. Problem is....how many boxers are there??? You're talking about less than 1% of athletes within a sport being representative of the overall success of the sport as a whole.

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                • thuggery
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                  #9
                  I wish boxing would get more coverage in the US. ESPN needs to report on boxing after each important fight.

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                  • TR vs. GB
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                    #10
                    Originally posted by shadeyfizzle
                    Well that's 5 fighters that enjoy massive success. Problem is....how many boxers are there??? You're talking about less than 1% of athletes within a sport being representative of the overall success of the sport as a whole.
                    You can argue the same for every sport just replace boxers with teams. A lot of Boxers have a big fan base it is just regional.

                    Mexico- Chavez Jr., Alvarez, Morales, Arce, Juan Manuel Marquez and many others

                    Japan-Kameda bros, Kazuto Ioka, Toshiaki Nishioka

                    Germany- Klitschko brothers, Felix Sturm, Arthur Abraham, Robert Stieglitz

                    Philippines- Manny Pacquiao, Nonito Donaire, Mercito Gesta, Gerry Penalosa

                    Any individual sport is going to have just a select few enjoy enormous success because that is the point of individual sports no teammates. Golf is the same.

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