How does Floyd's Contract with Showtime work?

[RlCKY]

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?

No one truly knows, is the correct answer here.

Floyd's team trains Floyd and not much else I would imagine.

My best guess is IF he is guaranteed this $250 million figure that is being thrown around...then they must have a LOT of influence on the who, what, where, when, why of the promotion, scripting of any spoken dialogue, opponent selection, etc. Which ever fighter makes dollars, makes sense in terms of THIS specific deal.

Those of you who like to believe Floyd is the puppet master are delusional. No doubt he knows the business that accompanies his craft, but I guarantee he jumps when he is told to (he may not ask how high.)

I'm sure his handlers go over everything with the ol' fine toothed comb, and that Floyd himself does have his say in what is going on. But if you have ever listened to the man speak for an extended period of time, you can tell that he is not very smart. So I'm convinced he is "just the boxer" like everyone else.

And he's a great boxer and nobody can say otherwise. But the whole "Floyd calls the shots and all that other noise" is all just a part of the ride that "The Money Team" is taking everyone on.

He's little more than a GBP fighter and a lot less than the business tycoon he is made out to be.

[radioraheem]

No one truly knows, is the correct answer here.

Floyd's team trains Floyd and not much else I would imagine.

My best guess is IF he is guaranteed this $250 million figure that is being thrown around...then they must have a LOT of influence on the who, what, where, when, why of the promotion, scripting of any spoken dialogue, opponent selection, etc. Which ever fighter makes dollars, makes sense in terms of THIS specific deal.

Those of you who like to believe Floyd is the puppet master are delusional. No doubt he knows the business that accompanies his craft, but I guarantee he jumps when he is told to (he may not ask how high.)

I'm sure his handlers go over everything with the ol' fine toothed comb, and that Floyd himself does have his say in what is going on. But if you have ever listened to the man speak for an extended period of time, you can tell that he is not very smart. So I'm convinced he is "just the boxer" like everyone else.

And he's a great boxer and nobody can say otherwise. But the whole "Floyd calls the shots and all that other noise" is all just a part of the ride that "The Money Team" is taking everyone on.

He's little more than a GBP fighter and a lot less than the business tycoon he is made out to be.

Floyd Mayweather had a deal with HBO never seen before in boxing. For him to LEAVE that deal, that means Showtime must've offered something even sweeter. And that is just insanity, and means that Showtime wanted him so badly that they were willing to lose some money.

In the below NY Times article, it shows how Floyd made up to $155 million for just 5 fights, and that the number continues to grow over the years. The details of his Showtime deal, the public doesn't really know. But whatever it is, it is something that was even better than this HBO deal.


Unbeaten Boxer Pioneers Ways to Make Money Hand Over Fist

http://www.nytimes.com/2011/09/17/sp...anted=all&_r=0

On fight nights, if it were not for the din of the crowd and the sounds of fists striking chins, Mayweather could hear the ringing of cash registers. He earns a percentage of every ticket purchased, every pretzel consumed, every poster sold. He will earn from countries that paid for broadcasting rights and the theaters where the fight is shown.

In his previous four fights, Mayweather earned $115 million. For Saturday night’s event, he is expected to make about $40 million, and the checks will come for years, determined by the results of many things beyond the fight itself, like the gate and the pay-per-view television numbers.

[KING MEAT]

only showtime execs and GBP would know.

anyone else in responding on this forum doesnt know sht about floyds showtime contract.

[edgarg]

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.

I am in awe....AWE...Is it possible that you have been on this site for so long and have not learnt anything yet..........??

Let's just take your figures of Alvarez-Mayweather fight. $20 mill gate and $150 mill PPV. Total $170 mill. Deduct the MINIMUM (reputed to be about 55%) 50% (of the $150 mill=$75 mill) for the PPV folks, leaving $95 mill. Deduct the cost of putting this huge fight in which requires a promoter (say 25%) leaving $71 mill, and then their own expenses which would be travel, hotels, salaries, advertising etc.etc etc and etc (say 10%)...... leaving $64 mill.

We KNOW that the IRS will be sitting over this with their own demand for 39.6% (plus about 3% local taxes) and this would leave the wonderful remnant of about $37 mill.
(We are assuming here that his opponent, and all the rest of the fight card are not being paid......no cost at all, out of their pure charity, otherwise it could amount to around $8-10 mill.). We can take it that Alvarez reputed fee of $6 mill was just a story.

This doesn't take into account any of Phoney's own expenses-of course he's lucky that his trainers and sparring partners etc, do it for nothing, and his gym, runs on hot air....

And then we have the Rumoured, Fantasizied, Mythologised, Bumphed... freakish purse of $40 mill for the Master himself, enough so that he can set fire to the whole city with piles of money placed in strategic places, just to warm the hungry out-of-work hordes who will watch this with great pleasure...

It's true that some genuine accounting will work out a lesser loss here, or even a small profit, but I was using your own simplistic accounting "system".

I suppose that you have the inside information on the Showtime economic structure which calls for them to enter into business deals to lose money in huge amounts, because they are not really a business, but a philantrophic, non-profit association of congenital cretins, without which, the highly evolved boxing society could not survive......

[New England]

the details of a deal like that are never intentionally made public. there's probably language in the contract that stipulates it. floyd will be signing contracts on a one fight basis, the way he's always done in the recent past. that's one of the reasons he has so much leverage. he can walk at any time.


it appears that mayweather has up to four more fights on showtime under the contract he signed. the contract does not appear to be binding.

[MrTambourineMan]

Is it possible that you have been on this site for so long and have not learnt anything yet?? That seems normal-to you maybe- but......

Let's just take your figures of Alvarez-Mayweather fight. $20 mill gate and $150 mill PPV. Total $170 mill. Deduct the MINIMUM (reputed to be about 55%) 50% for the PPV folks, leaving $95 mill. Deduct the cost of putting this huge fight in which requires a promoter (say 25%) leaving $71 mill, and then their own expenses which would be travel, hotels, salaries, advertising etc.etc etc and etc (say 10%)...... leaving $64 mill.

We KNOW that the IRS will be sitting over this with their own demand for 39.6% (plus about 3% local taxes) and this would leave the wonderful remnant of about $37 mill.
(We are assuming here that his opponent, and all the rest of the fight card are not being paid......no cost at all, out of their pure charity, otherwise it could amount to around $8-10 mill.). We can take it that Alvarez reputed fee of $6 mill was just a story.

This doesn't take into account any of Phoney's own expenses-of course he's lucky that his trainers and sparring partners etc, do it for nothing, and his gym, runs on hot air....

And then we have the Rumoured, Fantasizied, Mythologised, Bumphed... freakish purse of $40 mill for the Master himself, enough so that he can set fire to the whole city with piles of money placed in strategic places, just to warm the hungry out-of-work hordes who will watch this with great pleasure...

True, I'm sure some genuine accounting will work out a lesser loss here, or even a small profit, but I was using your own simplistic accounting system.

Kev, like every mouthy twerp, gets educated by a wiser, superior mind.

A mind less honed by bullshit and less hosed by bullshit.

Kev, read what was said ( Never stop reading ), take it in, and apply it.

[edgarg]

Floyd Mayweather had a deal with HBO never seen before in boxing. For him to LEAVE that deal, that means Showtime must've offered something even sweeter. And that is just insanity, and means that Showtime wanted him so badly that they were willing to lose some money.

In the below NY Times article, it shows how Floyd made up to $155 million for just 5 fights, and that the number continues to grow over the years. The details of his Showtime deal, the public doesn't really know. But whatever it is, it is something that was even better than this HBO deal.


Unbeaten Boxer Pioneers Ways to Make Money Hand Over Fist

http://www.nytimes.com/2011/09/17/sp...anted=all&_r=0

My impression was that Golden Balls had the deal..at which all the other promoters were long protesting. We've read about it many times.

[Porter's Dad]

I have a feeling Showtime will regret making this deal. Mayweather won't - he's going to make a killing.

The fact that Espinoza is GBP's ex-attorney and signed off on such a huge deal (and has allowed Showtime to become GBP's defacto channel) is a little shady to me.

We will see.

[check hook]

The deal is likely a loss leader with the main view of driving up sho subscriptions and buolding their boxing programming brand. The subscriptions is where hbo and sho make their real dough as far as I understand their businesses. In that sense I believe it is working.

[radioraheem]

My impression was that Golden Balls had the deal..at which all the other promoters were long protesting. We've read about it many times.

How could Golden Boy possess the deal when Floyd Mayweather is not a Golden Boy fighter? The NY Times article discusses this difference very well and in detail.

http://www.nytimes.com/2011/09/17/sp...anted=all&_r=0

Once freed, Mayweather met with Leonard Ellerbe and Al Haymon, his most trusted advisers, to develop a new plan. They wanted to control every aspect of a promotion, including the promoters, whom Mayweather hires on a contract basis for each fight. He also changed his nickname, from Pretty Boy Floyd to Money Mayweather, part of a philosophical shift.

Floyd's HBO deal was really huge in profits. But there was huge risk involved too. If the fight had to be canceled prematurely at the last minute, Floyd's loss would be huuuuuge, which the article mentions.

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.

It would be better if you argued that it was Al Haymon's deal, than to say it was Golden Boy's deal.