Comments Thread For: De La Hoya Focused on Patching Things Up With Arum

[MC Hammer]

Oscar is trying to fix his company, which is wrecked by the amateurish clowns.

Wrecked? They're #1 in the world

[Fetta]

Oscar is trying to fix his company, which is wrecked by the amateurish clowns.

Im all for Oscar healing but in no way is GBP wrecked.

[Bigg Rigg]

And Rich is not having it! Al either. Floyd and Haymon want nothing to do with Bob.

[maguirre]

Wrecked? They're #1 in the world

Number one for spending money like drunken sailors without making any? Any company can look like number one on paper with the kind of money these clowns are spending.

Hmm... I noticed they're trying to contain their spending habits in the Maidana fight. I didn't see nationwide tour and all the other expensive promotional things they usually do. Hehe... they're learning some lessons from Arum... hehe... Arum spends less, but makes more...

[Bronx2245]

You posted them didn't you?

I did indeed. You can disagree with the article, but Floyd has been the highest paid athlete in the world for at least the last 3 years. Go check on Forbes, or Bleacher Report, etc. It is what it is.

[BattlingNelson]

I did indeed. You can disagree with the article, but Floyd has been the highest paid athlete in the world for at least the last 3 years. Go check on Forbes, or Bleacher Report, etc. It is what it is.

I have no doubt that he is the highest paid boxer which is good for him and it is good for our sport that a boxer ranks that high. It's just that you presented it as it was because he had a 'creative' and 'lucrative' business model backed of by numbers nobody can understand.

[Porter's Dad]

Nothing but love for Oscar right now. Could you ever imagine Floyd doing something like this? Nope. Mayweather makes his money off strife and makes things divisive.

[Holywarrior]

Oscar is the man, always has been.

Let Mayweather finish out his contract, and fire Schaefer. Haymon is no fool, if Oscar can get his fighters back on HBO you know Haymon, and the fighters, would be all for it.

[Ringlife]

I have no doubt that he is the highest paid boxer which is good for him and it is good for our sport that a boxer ranks that high. It's just that you presented it as it was because he had a 'creative' and 'lucrative' business model backed of by numbers nobody can understand.

I was the who pointed this out because some poster on here said that GBP makes a lot of money off of a mayweather fight and I really don't think they do.

[Luilun]

The reason Floyd Mayweather's is able to take home $80 million from a single night's work is because he owns every single aspect of his own events.

Whenever Mayweather fights someone, he puts up all the money for the entire show, himself .He pays for the venue,the insurance,the vendors and even his opponent's purse, out of his own pocket.

When Mayweather fought Saul Alvarez, he spent $15-20 million of his own money before a single punch was even thrown. He put also put aside $40 million for himself as an appearance fee. The major risk Floyd is taking is that all these expenses occur before the fight happens. If there was a natural disaster like a hurricane, the fight would be canceled and Floyd would be out of luck.

On the other hand, when the Alvarez fight did go through as planned, more than 2.2 million households ordered it on pay per View for $65 which generated $150 million worth of revenue. Even after a large percentage was taken out for the distributors and costs, Floyd was still left with a $45 million bonus. And 100% of that money went directly into his bank account (after taxes). When you add Mayweather's $40 million appearance fee and his $45 million PPV bonus , you can start to understand why he makes $85 million for a single fight.

Canelo got paid 12 million and you know Showtime got paid as well Plus Cable or satellite got a very big cut too.

40 million went to his bank account what about Haymon , Ellerbee and his 50 body guards did they work for peanuts?