Comments Thread For: MGM Fiasco Increases The Top Rank/Golden Boy Tension

[big_james10]

I lol'd for real after reading this: Except his guarantee is 33 Million, not 40 Million.

They are STILL losing money lmao, cable companies get 50% of that pay cut. Even if the fight does 60 million, they lose 3 million and they haven't paid any other fighter. With Khan, Broner and Maidan all getting 7 figure paydays who knows how much they lose, they also have to pay for marketing which isn't cheap either. So what if Floyd/Canelo did 2.2 million buys, that's what 130 million? Floyd just took 40 million of the 65 million that was left over and Canelo the other 10 million. I'm sure they made money on that fight, but you have to be a dumbass to think that it will be enough to make up for all the other fights that will lose money.

The only dumbass in this scenario is you. You talk about the PPV numbers as if the promotion will lose money unless it sells 2 million. You fail to mention (or are too dumb to know about ) the live gate money, the closed-circuit money, the site fee paid by the MGM grand, the international rights and the sponsorships. Those things alone will add another $40 million to the revenue pot. There is no way this fight will lose money because of this and no other Mayweather fight has ever lost money for the same reason.

[jlcelestine]

The only dumbass in this scenario is you. You talk about the PPV numbers as if the promotion will lose money unless it sells 2 million. You fail to mention (or are too dumb to know about ) the live gate money, the closed-circuit money, the site fee paid by the MGM grand, the international rights and the sponsorships. Those things alone will add another $40 million to the revenue pot. There is no way this fight will lose money because of this and no other Mayweather fight has ever lost money for the same reason.

Thank you James.

And might I add to this DUMBASS, that anyone should find it hard to believe that a company as old as Showtime would sign any fighter to a contract that would require them to sell in excess of 2 Million PPV buys every time out to simply turn a profit. Because that is basically what this idiot is saying. I agree that the Guerrero fight may have lost them money, but I can pretty much guarantee that the Canelo fight made it right. Again, he has only had 2 fights on the showtime contract. One that came 100k short of 1 mil PPVs, and one that came 1.2mil fights above 1 million. What gives anyone any indication that his next 4 fights will all "undersell"? or "flop"? Sounds like the wishful thinking of a dumbass to me..

And what is a flop anyway? how many PPV's=Success? I would really love to hear your opinion.

[McLeechin]

Seems like a desperation move in my opinion. He even said... "we decided to do it here because a the reporters are already here for the Pac/Bradley fight" So basically what he's saying is that their piggy backing off of the Pacquiao / Bradley fight.

Then either Ellerbe or the mgm is lying. Ellerbe claims the fight has already sold $14 mil worth of tickets and the mgm said that they put up extra promotional signs early because the fight isn't selling well.

Ellerbe is the same fool who said Mayweather's team didn't request a catchweight against Canelo. THey put all the blame on Canelo for the catchweight. Only Floyd diehards believe it. Hilarious!

[Beater_of_ass]

Thank you James.

And might I add to this DUMBASS, that anyone should find it hard to believe that a company as old as Showtime would sign any fighter to a contract that would require them to sell in excess of 2 Million PPV buys every time out to simply turn a profit. Because that is basically what this idiot is saying. I agree that the Guerrero fight may have lost them money, but I can pretty much guarantee that the Canelo fight made it right. Again, he has only had 2 fights on the showtime contract. One that came 100k short of 1 mil PPVs, and one that came 1.2mil fights above 1 million. What gives anyone any indication that his next 4 fights will all "undersell"? or "flop"? Sounds like the wishful thinking of a dumbass to me..

And what is a flop anyway? how many PPV's=Success? I would really love to hear your opinion.

Here come Floyds paid boxingscene b*tches... I even stated # of buys means absolutely nothing it's what you make. If you have a low number of buys and highly paid purses it doesn't make money. Yes, there is a ton of added revenue in there but again you guys negate marketing... paying for commercial spots for an NBA or NFL game are not cheap. They are easily 1 million dollars per spot, it's like 5 million now for a 30 second spot on the superbowl.

The marketing is not cheap, paying people to put up billboards, radio ads, internet ads all that costs money that you *****'s don't take into account either. If HBO thought they could make money off of what Floyd was asking to you REALLY think they would let their #1 PPV star leave? Or needing to send their fighters to a Manny press conference to sell their fight? Again, if Showtime was making money the Floyd/Canelo fight never would have been made so soon, they had choice because CBS and showtime were pissed with that Guerro buy rate.

Also, in typical paid by Floyd fashion you guys do realize the PROMOTION not the casino has to pay for the ring and "showcase" set up, the travelling for press conferences, the judges, refs and all the other slew of things that are promoted into a fight. The undercard and who knows what else I'm forgetting... No a fight doesn't have to do 2 million to be successful, but when Floyd demands that high of a purse, it does have to be better than 1 million to make it worth it for everyone involved.

[parrish duke]

What people fail to realize here is that there are a lot of arguments and barely any logic to them - Top Rank is *****ing because their shady practices are old and outdated (Pac clearly won the first Bradley fight - look at the punch output #'s, they are dam near identical as far as dominance goes) they are professional business men, so they see their stable depleting, and they would hate to lose to a GBP fighter so they get Bradley to win (to set up a rematch, and have Pac fight Marquez for a 4th time (against someone who clearly makes life living hell for Pac) why ? well we see why - its a round ****n robin (pac vs Bradley / pac vs marquez / marquez vs Bradley / rios vs alverado I / rios vs alverado II / Bradley vs Russian / Russian vs alverado / pac vs rios / pac vs Bradley II / alverado vs Russian / marquez vs alverado

11 fights between 6 fighters = ? this is how small their stable is becoming, this is why Hayman a very smart Harvard guy, who is not A BOXING GUY is signing up all of the talent !

to the issue of staging a media event the same day as a major competitors event at the same venue, 1) very smart and efficient 2)top rank would probably ***** if they did buss them off site - catch 22 - this my friends will either kill boxing or kill one of the above mentioned companies.. I watched a fight last night between Chavez sr. and Greg Haugen, it was promoted by don king and it was held in Mexico City 130,000 people - Don King said we are steadily making history because we are making fights the FANS want to see..

[whoseyourdaddy]

Who can blame the old man, I mean really? The rival is literally selling their fight inappropriately. Just imagine if the tables were turned.

I have to agree with Arssum on this one, clearly TMT & GBP are piggy back riding on Pacquiao's fight and MGM Grad is at fault for doing it. TR should file a law sue against MGM for this mess

[ATrillionaire]

Here come Floyds paid boxingscene b*tches... I even stated # of buys means absolutely nothing it's what you make. If you have a low number of buys and highly paid purses it doesn't make money. Yes, there is a ton of added revenue in there but again you guys negate marketing... paying for commercial spots for an NBA or NFL game are not cheap. They are easily 1 million dollars per spot, it's like 5 million now for a 30 second spot on the superbowl.

The marketing is not cheap, paying people to put up billboards, radio ads, internet ads all that costs money that you *****'s don't take into account either. If HBO thought they could make money off of what Floyd was asking to you REALLY think they would let their #1 PPV star leave? Or needing to send their fighters to a Manny press conference to sell their fight? Again, if Showtime was making money the Floyd/Canelo fight never would have been made so soon, they had choice because CBS and showtime were pissed with that Guerro buy rate.

Also, in typical paid by Floyd fashion you guys do realize the PROMOTION not the casino has to pay for the ring and "showcase" set up, the travelling for press conferences, the judges, refs and all the other slew of things that are promoted into a fight. The undercard and who knows what else I'm forgetting... No a fight doesn't have to do 2 million to be successful, but when Floyd demands that high of a purse, it does have to be better than 1 million to make it worth it for everyone involved.

I hope you realize that Floyd pays for all the things you mentioned out of his pocket. All Showtime is doing is guaranteeing that he doesn't see a lost on his investment. So, if (and he always does) Floyd makes more than his guarantee of $33mil, that means the promotion turned a profit. It's economics 101. Your guarantee is what you get if there is a lost or break-even.

[whoseyourdaddy]

I lol'd for real after reading this: Except his guarantee is 33 Million, not 40 Million.

They are STILL losing money lmao, cable companies get 50% of that pay cut. Even if the fight does 60 million, they lose 3 million and they haven't paid any other fighter. With Khan, Broner and Maidan all getting 7 figure paydays who knows how much they lose, they also have to pay for marketing which isn't cheap either. So what if Floyd/Canelo did 2.2 million buys, that's what 130 million? Floyd just took 40 million of the 65 million that was left over and Canelo the other 10 million. I'm sure they made money on that fight, but you have to be a dumbass to think that it will be enough to make up for all the other fights that will lose money.

Acordind to ESPN deportes Canelo made around 15 mill vs Floyd, so there sould be little to hardly any revenue left for the rest.

[Jcsuper]

What people fail to realize here is that there are a lot of arguments and barely any logic to them - Top Rank is *****ing because their shady practices are old and outdated (Pac clearly won the first Bradley fight - look at the punch output #'s, they are dam near identical as far as dominance goes) they are professional business men, so they see their stable depleting, and they would hate to lose to a GBP fighter so they get Bradley to win (to set up a rematch, and have Pac fight Marquez for a 4th time (against someone who clearly makes life living hell for Pac) why ? well we see why - its a round ****n robin (pac vs Bradley / pac vs marquez / marquez vs Bradley / rios vs alverado I / rios vs alverado II / Bradley vs Russian / Russian vs alverado / pac vs rios / pac vs Bradley II / alverado vs Russian / marquez vs alverado

11 fights between 6 fighters = ? this is how small their stable is becoming, this is why Hayman a very smart Harvard guy, who is not A BOXING GUY is signing up all of the talent !

to the issue of staging a media event the same day as a major competitors event at the same venue, 1) very smart and efficient 2)top rank would probably ***** if they did buss them off site - catch 22 - this my friends will either kill boxing or kill one of the above mentioned companies.. I watched a fight last night between Chavez sr. and Greg Haugen, it was promoted by don king and it was held in Mexico City 130,000 people - Don King said we are steadily making history because we are making fights the FANS want to see..

This ^^ You should post more often.

Its so ****1n clear that Bob robbed Pac in the first fight against Bradley just to be sure he could do a rematch and get another in house fight. I think that with Margarito, Cotto and Clottey out Bob doesnt have a lot of fighters left to give Pac.

Pac - Marquez V, hereeeeee we gooo

[Chiboxing123]

The only dumbass in this scenario is you. You talk about the PPV numbers as if the promotion will lose money unless it sells 2 million. You fail to mention (or are too dumb to know about ) the live gate money, the closed-circuit money, the site fee paid by the MGM grand, the international rights and the sponsorships. Those things alone will add another $40 million to the revenue pot. There is no way this fight will lose money because of this and no other Mayweather fight has ever lost money for the same reason.

I've heard alot of the guys who have "sources " in this situation say frankly that Floyd gets paid, haymon gets paid. Gbp doesn't, and showtime won't if floyd gets matched with guys like the ghost. But who fn knows. Getting and 80 million dollar payday against guerrero can't benefit 2 many