How does Floyd's Contract with Showtime work?

[JLBlades]

What happens?

Does Floyd's team put together the card and deliver it to Showtime?
Would Showtime have the right to not air any card the same way Floyd gets to decide who he fights?

[Ray*]

I guess they would have control over most if not everything about those fights, they can't just dish out $250M for 6 fights without recouping their monies back. So am sure they are out there targeting the most lucrative fights or opponents for him (Well except Arum fighters of course).

[big_james10]

I guess they would have control over most if not everything about those fights, they can't just dish out $250M for 6 fights without recouping their monies back. So am sure they are out there targeting the most lucrative fights or opponents for him (Well except Arum fighters of course).

I have said it numerous times before and I will say again. There is no way in hell Showtime is paying Mayweather $250 million for six fights. That would be financial suicide for any network, cable or mainstream. That $250 million figure is some number that a blogger threw out as a guess and every other blogger jumped on it as if it was written in stone. Neither Showtime nor Mayweather ever released the dollar amount of the contract, and I would bet everything I own that it is not $250 million. I would guess that the number is close to $10 to $12 million per fight, which would still be more than any other contract in history.

[Ray*]

I have said it numerous times before and I will say again. There is no way in hell Showtime is paying Mayweather $250 million for six fights. That would be financial suicide for any network, cable or mainstream. That $250 million figure is some number that a blogger threw out as a guess and every other blogger jumped on it as if it was written in stone. Neither Showtime nor Mayweather ever released the dollar amount of the contract, and I would bet everything I own that it is not $250 million. I would guess that the number is close to $10 to $12 million per fight, which would still be more than any other contract in history.

I don't know, am sure they have to file their taxes. Unless they all use the Arum school of paying your tax. And am sure they have to file something with the Nevada state commission like they have done in the past.

[The Gambler1981]

They didn't pay Mayweather that money to make a bunch of money, they paid him that to be the face of their boxing brand. There ain't no way the expected to do much more than break even on that deal and even that is being very hopeful. Now sure they want to lose as little as possible and possible turn a profit but that is a bonus to them because the main thing for them was........


Every time I see a Showtime commercial, I see Floyd punching someone and everyone knows who Floyd is and that he is the big stick in boxing right now and that grows Showtimes boxing brand. If Floyd can help grow their brand bigger then the deal is worth it long run


It is a risky deal for them, but in reality even if they lose it is just a tax write off for them as they make more than enough to cover that deal year to year. I am sure they do have a bit more control over those events given what they paid out though, for whatever that is worth.

[lfc19titles]

They didn't pay Mayweather that money to make a bunch of money, they paid him that to be the face of their boxing brand. There ain't no way the expected to do much more than break even on that deal and even that is being very hopeful. Now sure they want to lose as little as possible and possible turn a profit but that is a bonus to them because the main thing for them was........


Every time I see a Showtime commercial, I see Floyd punching someone and everyone knows who Floyd is and that he is the big stick in boxing right now and that grows Showtimes boxing brand. If Floyd can help grow their brand bigger then the deal


It is a risky deal for them, but in reality even if they lose it is just a tax write off for them as they make more than enough to cover that deal year to year. I am sure they do have a bit more control over those events given what they paid out though, for whatever that is worth.

it is not as simple as writing it off, yes they could but they would not without ensuring it never happens again like the guerrero fight for example.

these guys have board of directors to report to, if that aspect of the business area is making a loss, it is a huge concern

nobody knows what the deal is with showtime, some random blogger threw a weird amount and everyone took it as gospel

what we know is that if you go on forbes, the guarantees are not fixed amounts, most likely scenario is that floyd gets a fixed guarantee per fight, for example, it was rumoured he received 32m vs guerrero, he probably gets that at every fight

the special deal he has with showtime is that he receives a ppv cut regardless of the number maybe? that way no matter what, even if the ppv flops like guerrero did, he makes money out of it and showtime absorbs the losses

in reality nobody knows but the above situation is most likely as we know he got a ppv bonus for guer, despite the ppv losing millions for showtime

I would think for a fight to be finalised, showtime must rubber stamp it and that would be in a contract

[-Kev-]

I have said it numerous times before and I will say again. There is no way in hell Showtime is paying Mayweather $250 million for six fights. That would be financial suicide for any network, cable or mainstream. That $250 million figure is some number that a blogger threw out as a guess and every other blogger jumped on it as if it was written in stone. Neither Showtime nor Mayweather ever released the dollar amount of the contract, and I would bet everything I own that it is not $250 million. I would guess that the number is close to $10 to $12 million per fight, which would still be more than any other contract in history.

Do the math. It's simple math.

Let's throw out some numbers.

Floyd does 1,000,000 buys for each of his 6 fights(With the Canelo fight he already surpassed that average).

Let's be conservative and say it's 1Mill*$65.

If Floyd sells 1Mill PPVs for 6 fights at $65, that's $390,000,000.

Now consider that $390million is just a highly conservative number, and it is only PPV revenue. Mayweather-Canelo did $20million in gate revenue, and $150mill in PPV revenue.

Whether you can not do the math or not for that particular contract, at least put 2 and 2 together and realize Mayweather did $80million for Cotto and Ortiz combined. If you can picture Floyd doing $40 million in each fight, adding in the blockbuster that was the Canelo PPV, $40mill*6 is $240 million dollars. And the 2.2 million PPVs sold in Floyd's second fight of the contract puts him on pace to earn his $250mill. Just 4 more fights doing 900k-1.2mill and he will be well above what Showtime had imagine he'd do in the end,because of the large PPV numbers from the Canelo fight.

[Vasyl’s dad]

Quote:

Originally Posted by Ray*

I guess they would have control over most if not everything about those fights, they can't just dish out $250M for 6 fights without recouping their monies back. So am sure they are out there targeting the most lucrative fights or opponents for him (Well except Arum fighters of course).

I have said it numerous times before and I will say again. There is no way in hell Showtime is paying Mayweather $250 million for six fights. That would be financial suicide for any network, cable or mainstream. That $250 million figure is some number that a blogger threw out as a guess and every other blogger jumped on it as if it was written in stone. Neither Showtime nor Mayweather ever released the dollar amount of the contract, and I would bet everything I own that it is not $250 million. I would guess that the number is close to $10 to $12 million per fight, which would still be more than any other contract in history.

it says up to 250.


Posted from Boxingscene.com App for Android

[cyeid07]

it says up to 250.


Posted from Boxingscene.com App for Android

idk where u got your numbers but live on showtime they said floyd would make from 80-108mil for the Canelo fight. not bloggers Al Bernstein said that

[The Gambler1981]

it is not as simple as writing it off, yes they could but they would not without ensuring it never happens again like the guerrero fight for example.

these guys have board of directors to report to, if that aspect of the business area is making a loss, it is a huge concern

nobody knows what the deal is with showtime, some random blogger threw a weird amount and everyone took it as gospel

what we know is that if you go on forbes, the guarantees are not fixed amounts, most likely scenario is that floyd gets a fixed guarantee per fight, for example, it was rumoured he received 32m vs guerrero, he probably gets that at every fight

the special deal he has with showtime is that he receives a ppv cut regardless of the number maybe? that way no matter what, even if the ppv flops like guerrero did, he makes money out of it and showtime absorbs the losses

in reality nobody knows but the above situation is most likely as we know he got a ppv bonus for guer, despite the ppv losing millions for showtime

I would think for a fight to be finalised, showtime must rubber stamp it and that would be in a contract

It is a capital loss to them and they have money to cover it so all it does is effect some tax payments.

They know what the deal was when they made it, and it is not enough money to really effect CBS/Showtime even if they lose the full 83 million in a year on his fights which they won't it doesn't mean that much to Showtime. If they don't get the desired effect of raising their brand then it is not worth it long run but even then Floyd is essentially a commercial to them an expensive one but it is already done to them and they won't know the full effects of that move until years later. If their brand did not grow at all it was a boondoggle if it grew a bit short term then back to normal it was probably a push, if it grows their brand long term it will be successful. That will be how the deal is judged~


Plus right now they just had a successful year so they did fine in year one coming out ahead now they have 4 fights to make back 160-170 million. Also it gives them programming to put on their sports network both leading up to the fight and after the fact.

Now they don't want to lose the money but that was part of the risk of the deal that they had to know going in, so even if they lose a bit in year 2 they can hope is doesn't exceed what they made in year one and if it did they have year 3 to make it up.