Cotto has a $15M guarantee to fight Martinez in MSG

[sugarsmosley]

$15M.... Yeah I'll wait til boxingscene reports this to see if it's true.

[DoubleMM]

15M? Doubt it.

[-PBP-]

Here is how i see it

Cotto gets 15 M

Martinez gets 5 M

The fight sells 700k on PPV which equals around 42 Million, after 50 ^ of that goes to the PPV providers there is enough to pay both fighters purses. Top Rank is gonna make their money from the gate. 23k sold tickets at an average of lets say 120 bucks equals
2.7 Million so its a win win situation for everybody

Doubt this fight does 700K. I'll give it 5 at most.

$60 X 500,000 = $30,000,000 in PPV
$150 X 23,000 = $3,450,000 in gate

Then you have sponsorships, closed circuits, delayed broadcast, international sales. I'll be generous and call this a $50 million event.

$15 million guarantee to Cotto is 30% of that. Then you have to pay Dibella, Sergio, undercard fighters, sanctioning fees, pre fight promotion, etc. Then on top of that you have to also pay Cotto a portion of the PPV upside?

If this offer is true my guess (which has no credibility whatsoever) is that they are trying to save face (and probably jobs at HBO) after overpaying for Cotto's tuneup against Rodriguez.

[George Michael]

Sergio is still more dangerous than Pac was when he destroyed Cotto.

[bopbopbbe]

Didnt martinez-chavez sell 475k? martinez-cotto can easily top that.

[sugarsmosley]

Didnt martinez-chavez sell 475k? martinez-cotto can easily top that.

probably around 600k.

[Tay Roc]

They must have forgotten the decimal point. 1.5M to fight Martinez sounds about right.

[Russian Crushin]

15 mil guarantee as well as a PPV upside that can potentially double that amount?

Sureeeeee

[Lords]

he doesn't bring a ton of money, yet cotto is going from a two million dollar payday to an alleged 15 million guarantee?


right.

That was a non PPV fight. You cant compair a non PPV purse to an actual PPV purse.

[sugarsmosley]

That was a non PPV fight. You cant compair a non PPV purse to an actual PPV purse.

what is cotto's highest purse? has it ever been close to 15 mil? i seriously don't remember. i just find it hard to believe he would be earning his biggest payday against sergio, instead of pac and floyd.