Comments Thread For: MGM Fiasco Increases The Top Rank/Golden Boy Tension
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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 manyComment
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Golden Boy gets paid a fee, that's it. They don't take part in all the profits and revenue surround his fights, whether it be the soda, popcorn, tickets, PPV, etc. But if the fight takes a loss, Golden Boy also loses nothing.Comment
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Foreal. That's what there saying. Supposedly the shareholders weren't to happy with the deals made in 2013. Profit wasn't to pretty for being the biggest promoters last year.ton of money thrown in one direction, maybe there's not enuff to go aroundComment
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Or this. I was just going off of a couple insiders of the sport.Comment
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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.Comment
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Cant we all just get along...cotto vs mosely,pavlik vs hopkins, pacquaio vs barerra 2, were all big fights co-promoted by both toprank and gbp....now everything between the 2 companies revolves around the mayweather vs pacquaio fight, where no one wants to be on the b side,which is what all this crap is about....if pac or mayweather retire i believe toprank and gbp will start to co promote again....imoComment
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Might not be the case, but it's a reason to take them to court.
Arum said they had a contract with the MGM to display their stuff for the fightComment
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