Comments Thread For: Schaefer: Marcos Maidana Will Walk Away With Millions

[Resilient]

You my friend are very smart and know business.

Haymon found a loophole, he calls himself an ADVISoR so he avoids the MANAGER tag and can slip past getting busted for violating the Muhammad Ali act, Paulie Malignaggi said Haymon is his advisor and he still has a manager.

Showtime and Richard shaeffer rely on Floyd, they made a bad mistake overpaying him, the reason Floyd got such a high salary is because when he retired after the Oscar fight he wasn't interested in fighting again, but Richard's ****** ass gave him a ridiculous offer he couldn't refuse to get him out of retirement to try to fight Pacman. Once Floyd realized that Richard was willing to pay him that much money he got greedier and can you blame him? if someone like showtime is willing to pay him that type of money he will take it. What type of profit are Showtime and Goldenboy making? nothing, what they are thinking is this is an investment or a sacrifice that will help them in the long term lol, its not, Just because Floyd fights on Showtime is not going to carry over to casual fans becoming hardcore fans of the sport they only watch for Floyd and nobody else. The only way to make new stars is to build them up and market and promote them not piggy back off of Floyd or Pacquiao names, this is what Richard does he kept saying this guy is the next Manny Pacquiao.

These Floyd fanatics have no negotiation skills at all, their answers mainly rely on Pac should have took that 40 million you never get more than the cash cow Floyd etc.

So basically they are saying if they were Pacquiao they would have took the 40 million and no ppv lol this how dumb they are. They have no clue they just spend their lives sucking off Floyd and worshiping the ground he walks on.

Only a fool at the time would have taken 40 million if they were a superstar like Pacman and they keep saying Pacman should have taken the 40 million after he got KO'd, BS, that is after the fact, but at the time he did the right thing he deserved ppv not a flat fee.

Also another thing is Canelo got screwed over big time, he got less than Tim Bradley for the Mayweather fight and was given that Mexican TV rights deal and PPV at a certain threshold, its messed up because Canelo also had to give to the catchweight as well. Canelo brought more than half of the PPV buys for that fight, he also brought in the majority of ticket sells, yet he got shafted big time and was underpaid, if he fights Pacman he will get paid way more than when he fought Floyd.

Very good post, Floyd slurpers believe he's the main attraction lmao... Floyd is a very good negotiator i'll give you that. Pacman is just as big a draw correcting for the popularity of the opponent, yet everyone disregards the opponents he faces that bring in these numbers... ''Look at mah PPV numbers'' Yeah that was all you Floyd you were the main attraction in the ODLH, Canelo and Cotto fights

[-MARKAVELLI-]

I heard Haymon was half ***ish. What I find weird is why doesn't this guy do any interviews, he isn't a hermit at all and isn't a shy person, that right there is fishy.

I read it elsewhere about him Haymon ripping Beyonce off?

It's him on a music industry promoter conspiring with Beyonce's dad?

[mercenario]

This site is full of international tax lawyers, I'm surprised that there is people here that typed Floyd's contracts. Your not a Floyd fan I think your his brain, his soul. This is the Al Haymon treatment overpaid, overhyped boxers in showcase fights. This is simple math Canelo vs Angelo sold 350k, but they got paid under 3 million between them. Many makes 20 mill Bradley 6. This means that top rank can get away with ppv numbers under a mill and everyone is making money. GBP is in trouble there were no 25 cities press tour they shared press promotions with Canelo vs Angelo. And pac vs Bradley. The mess with the promotional items. Mayweather gets paid so much that they need over 1.5 million ppv buys to broke even. Khan and Broner are getting overpaid especially Broner who is in a sparing section. Ortiz got 2 mill, Guerrero 3, Maidana 1.5 . Do you think Shaffer will tell you "we are broke Oscar doesnt like what we are paying this guys. The man is a banker and people take his word like if its gospel. Mayweather last guaranteed purse could pay for all this event. Broners fans are mayweather's fans, no mexicans in a 5 de mayo boxing card, the UK is not profitable because the hour diferente there will be early sunday when khan fights. This card is bad business.

[Hitman932]

This site is full of international tax lawyers, I'm surprised that there is people here that typed Floyd's contracts. Your not a Floyd fan I think your his brain, his soul. This is the Al Haymon treatment overpaid, overhyped boxers in showcase fights. This is simple math Canelo vs Angelo sold 350k, but they got paid under 3 million between them. Many makes 20 mill Bradley 6. This means that top rank can get away with ppv numbers under a mill and everyone is making money. GBP is in trouble there were no 25 cities press tour they shared press promotions with Canelo vs Angelo. And pac vs Bradley. The mess with the promotional items. Mayweather gets paid so much that they need over 1.5 million ppv buys to broke even. Khan and Broner are getting overpaid especially Broner who is in a sparing section. Ortiz got 2 mill, Guerrero 3, Maidana 1.5 . Do you think Shaffer will tell you "we are broke Oscar doesnt like what we are paying this guys. The man is a banker and people take his word like if its gospel. Mayweather last guaranteed purse could pay for all this event. Broners fans are mayweather's fans, no mexicans in a 5 de mayo boxing card, the UK is not profitable because the hour diferente there will be early sunday when khan fights. This card is bad business.

You're right, this card is bad business. I don't know if you were mocking us for our detailed looks at the Floyd/Schaeffer/Haymon/SHO arrangement but I suppose the point is that what is going on is so transparent that you hardly need to be a tax attorney to see all the potential failure points in the business at hand.

[LoadedWraps]

Some fans were scratching their heads when the Nevada State Athletic Commission released the purse figures that were filed for Saturday's Showtime Pay-Per-View event at the MGM Grand in Las Vegas.

Two numbers jumped - the listed purse figures for Marcos Maidana and Adrien Broner. Maidana is listed with the commission as receiving $1.5 million dollars, while Broner is getting a shade less at $1.25 million.
[Click Here To Read More]

Maidana will walk away with millions because he will upset Floyd and will cash out on one of the biggest rematches in history.

[hectari]

I read it elsewhere about him Haymon ripping Beyonce off?

It's him on a music industry promoter conspiring with Beyonce's dad?

yes, like Hitman932 said Haymon is using the old Don King/Carl King tactic, he as using it with Beyonces Dad, and now he is using it with Richard Shaeffer.

The promoter/manager scheme.

[Resilient]

yes, like Hitman932 said Haymon is using the old Don King/Carl King tactic, he as using it with Beyonces Dad, and now he is using it with Richard Shaeffer.

The promoter/manager scheme.

How's that work? Overpay Schaeffer but all the real money goes to the man behind the curtain which is Haymon?

[Hitman932]

How's that work? Overpay Schaeffer but all the real money goes to the man behind the curtain which is Haymon?

To put it simply:

A promoter is supposed to look out for the promoters best interest.

The manager is supposed to be watching our for the fighters best interest.

The assumption that those two things automatically align is patently untrue and is why so many boxers end up broke.

A manager should never, ever be as exclusive to one promoter as Haymon is to GBP. In a basic sense - how can you say you are doing the best by your fighter if you limit him to signing with one promoter and fighting on one network?

Haymon didn't make the best deal he possibly could for Maidana. He made the best deal he could for GBP and Showtime while allowing them to get Maidana. He worked in the best interest of the promoter and network, not the fighter. Which is a dead giveaway that he is a promoter and not a manager.

You never see any other big time manager in boxing have such a close knit relationship with an individual promoter that people actually make the mistake that they work for the same company.

[lutenco]

....and some people continue to believe ARUM is the DEVIL and Al Haymon with SCHAEFER are ANGELS..bwa bwa bwa bwa!!!! WAKE UP THEY ARE ALL THE SAME TYPE OF SHARKS!!!

[mourinho1]

You my friend are very smart and know business.

Haymon found a loophole, he calls himself an ADVISoR so he avoids the MANAGER tag and can slip past getting busted for violating the Muhammad Ali act, Paulie Malignaggi said Haymon is his advisor and he still has a manager.

Showtime and Richard shaeffer rely on Floyd, they made a bad mistake overpaying him, the reason Floyd got such a high salary is because when he retired after the Oscar fight he wasn't interested in fighting again, but Richard's ****** ass gave him a ridiculous offer he couldn't refuse to get him out of retirement to try to fight Pacman. Once Floyd realized that Richard was willing to pay him that much money he got greedier and can you blame him? if someone like showtime is willing to pay him that type of money he will take it. What type of profit are Showtime and Goldenboy making? nothing, what they are thinking is this is an investment or a sacrifice that will help them in the long term lol, its not, Just because Floyd fights on Showtime is not going to carry over to casual fans becoming hardcore fans of the sport they only watch for Floyd and nobody else. The only way to make new stars is to build them up and market and promote them not piggy back off of Floyd or Pacquiao names, this is what Richard does he kept saying this guy is the next Manny Pacquiao.

These Floyd fanatics have no negotiation skills at all, their answers mainly rely on Pac should have took that 40 million you never get more than the cash cow Floyd etc.

So basically they are saying if they were Pacquiao they would have took the 40 million and no ppv lol this how dumb they are. They have no clue they just spend their lives sucking off Floyd and worshiping the ground he walks on.

Only a fool at the time would have taken 40 million if they were a superstar like Pacman and they keep saying Pacman should have taken the 40 million after he got KO'd, BS, that is after the fact, but at the time he did the right thing he deserved ppv not a flat fee.

Also another thing is Canelo got screwed over big time, he got less than Tim Bradley for the Mayweather fight and was given that Mexican TV rights deal and PPV at a certain threshold, its messed up because Canelo also had to give to the catchweight as well. Canelo brought more than half of the PPV buys for that fight, he also brought in the majority of ticket sells, yet he got shafted big time and was underpaid, if he fights Pacman he will get paid way more than when he fought Floyd.

The way I understand Haymon's ploy is that he calls himself a manager to avoid being a "promoter" when in reality he is quite obviously promoting the guys who fight on GBP but don't sign GBP promotional deals.

Schaeffer being called the "promoter" and Haymon being the "manager" is very similar to the arrangement of Don King/Carl King back in the 80's. Both parties are supposed to have the fighters best interest in mind - but in reality they are colluding for their own financial gain at the fighters expense.

Basically what Schaeffer is doing is saying "hey don't sign with GBP - go over to Al - he will promote you instead of you signing with GBP and you will keep more money. It's his way of keeping guys unaffiliated with GBP so he can steal them along with Haymon if the event of a split.

Now the important thing to recognize is that is Haymon/Schaeffer split from GBP they will both become promoters - Haymon's guise of being a "manager" will immediately have to be dropped because then the conflict of interest between he and Schaeffer working as Promoter/Manager within the same company is way too blatant a conflict of interest.

In Haymon's entire career in music he was a promoter. He is clearly, by his actions, a promoter in boxing. Duva is trying to expose the charade and though people are blaming OLDH for the potential split at GBP I also believe there is a sense of urgency on the part of Schaeffer and Haymon to legitimize what they are doing before they are investigated and made to look like crooks.

.................................................. ........

Yes Showtime **** the bed bidding on Floyd. They thought no matter the price it was worth it to bring him on for the image boost alone. They didn't really stop to give serious thought to which viable opponents were out there long enough to realize they'd be lucky to turn a profit in 2 of 6 fights.

Now they are in the position of financially handicapping the quality of boxing programming that put them in a position to steal Floyd in the first place.

You're right about the terrible math skills. Offering Pac 40 million was a joke when you consider it would have generated 2.5 million buys at one point.

Assuming Floyd gets 1.5 for a guy like Cotto that means fighting Pac and getting 2.5 brings in an additional 70 million dollars in PPV revenue alone and 175 million total. The international rights to that fight would have been valuable, it would have been PPV. The gate would have been 22-25 million. The fight would have generated a quarter of a billion dollars.

ahem about the numbers and 40M being lowballing scamming etc...

help me out guys

hypothetically if pac gets 40M than may should also get a minimum a 40M right?

thats a total of 80M

80Miliion devided by 35$. 80M/35=2.2-2.3 milion PPV buys minimum. to just pay both atletes. thats excluding 20% promotor fee.

if you do a promoter fee(20%) on top than you would need 2,74M PPV buys minimum. 96M/35$= 2,74M PPV buys.

if a PPV costs 70 dollars cable companies take half, that make 35 every buy. Everyone saying 40M(pac alone) without PPV is a bum deal. Would you please substantiate it with some math numbers please, because i honestly cant see any crime with the numbers i come up with. I hear peeps claiming that 40M is bogus with such certainty that i double dare anyone to substantiate it with some hypothetical numbers. Enlighten me please...

signed wannabe banker