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

[Francis M.]

It's been proven time and time again that you get shafted when negotiating with Floyd and Dealing with Shaefer is not straight forward either.....

People with options tend to learn early and won't put up with their crap tactics....

Floyd can't even let his women walk away without returning his gifts and you expect him and Shaefer to be honest in dealings?

[Hitman932]

I am pretty sure Maidana gets points at a certain number, while Floyd gets a share from all ppv buys. They did deals like this before with Floyd the fight has to do over 1.5 million buys or more before Maidana gets a percentage. Basically he won't get much or any if the fight doesn't do 1.5 million buys, and the Argentine TV rights are crap he won't get much from anything just like Pac just gets chump pesos from Philippine TV rights.

The reason Maidana's salary is so low is the same reason everyone else who fights Floyd;s is they over pay this guy and he won't take a paycut he is hands down the greediest boxer in the history of the sport. I'm curious to see what type of Profit golden boy makes when Floyd fights since Floyd keeps the majority of the revenue or claims so.

Floyd keeps saying fighters want to fight him because they will get the most money in their career, but the truth is if fighters wanted to fight someone and get paid the most money they should aim to fight Pacquiao, his opponents have made more than Floyds in general. Bradley is a prime example, he made over 10 million in two fights with Manny and he has no fanbase.

Great post. You took the words right out my mouth. Schaeffer is pulling his usual bull**** routine here. As you said - two things to take from this.

1) Maidana gets paid only above a certain threshold. A number (1.5 mill) that they are unlikely to hit. If they do it won't be by much.

2) Foreign TV rights aren't **** - Schaffer acts like they made a concession

3) Maidana really isn't going to make "millions" more. He might end up with 2 when he was guaranteed 1.5. Alex Leapai made more than that fighting Klitschko.

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

What I think happened here is this:

1) As you said - Floyd is cheap and greedy and has a 32 mill guarantee that Showtime knows from the outset they and GBP will be lucky to make a buck off of in the end. So any extra money thrown into the undercard is likely just adding to the overall net loss of the fight.

2) Al Haymon and Schaeffer have their eyes on Broner as a showpiece fighter if they were to ditch Oscar.

3) Haymon and Schaeffer - along time ago - agreed to pay Broner a minimum of 1.25m for any fight thinking he wasn't going to lose anytime soon and his growing popularity would make it a wise investment.

4) Knowing they can steal Broner but don't see Maidana as a priority they worked a deal where they essentially take guaranteed money Maidana should be getting and shift it to Broner to satisfy his guarantee to fight a bum. Obviously they have to do something to pacify Maidana and make it look like they are looking out for him so they dangle an "upside" to distract him from the fact he's being ripped off for Broner's benefit.

5) Now Broner has to be really happy with Haymon and Schaeffer and they've pretty much bought his allegiance by showing that if he sticks with them he will be rewarded handsomely to fight bums

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

This will be the kind of bull**** that undoes Haymon just like Don King.

Clearly he is "manager" for both Broner and Maidana but he clearly negotiated these deals in the best interest of Broner and did not give the same respect to Marcos.

[bopbopbbe]

Mayweather has said on numerous occasions that the way his deal is structured is that he keeps all of the PPV revenue whether that's against Paccquiao or not.

Well thats bull**** obviously, cable companies take a piece no matter what.

[hectari]

Great post. You took the words right out my mouth. Schaeffer is pulling his usual bull**** routine here. As you said - two things to take from this.

1) Maidana gets paid only above a certain threshold. A number (1.5 mill) that they are unlikely to hit. If they do it won't be by much.

2) Foreign TV rights aren't **** - Schaffer acts like they made a concession

3) Maidana really isn't going to make "millions" more. He might end up with 2 when he was guaranteed 1.5. Alex Leapai made more than that fighting Klitschko.

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

What I think happened here is this:

1) As you said - Floyd is cheap and greedy and has a 32 mill guarantee that Showtime knows from the outset they and GBP will be lucky to make a buck off of in the end. So any extra money thrown into the undercard is likely just adding to the overall net loss of the fight.

2) Al Haymon and Schaeffer have their eyes on Broner as a showpiece fighter if they were to ditch Oscar.

3) Haymon and Schaeffer - along time ago - agreed to pay Broner a minimum of 1.25m for any fight thinking he wasn't going to lose anytime soon and his growing popularity would make it a wise investment.

4) Knowing they can steal Broner but don't see Maidana as a priority they worked a deal where they essentially take guaranteed money Maidana should be getting and shift it to Broner to satisfy his guarantee to fight a bum. Obviously they have to do something to pacify Maidana and make it look like they are looking out for him so they dangle an "upside" to distract him from the fact he's being ripped off for Broner's benefit.

5) Now Broner has to be really happy with Haymon and Schaeffer and they've pretty much bought his allegiance by showing that if he sticks with them he will be rewarded handsomely to fight bums

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

This will be the kind of bull**** that undoes Haymon just like Don King.

Clearly he is "manager" for both Broner and Maidana but he clearly negotiated these deals in the best interest of Broner and did not give the same respect to Marcos.

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.

[Shambrolic]

He does? I've never heard him say that

You seem to be oblivious to a lot of things, but you are from the UK so I'm sure the boxing business and political way of doing things are very different.

[Vasyl’s dad]

Since 2009 Mayweather have always said Arum owed him money and he will never split profits with him come time for him to fight Pacquiao. Pacquiao was going to get a guarantee, the PPV stays with him, that way Arum will not have his hand in any of the revenue he controls.

Floyd said Arum owed him money, but paid him $750,000.

Weird.

[way2strong]

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.

Greenmudda***inK mr.jab

[Resilient]

Great post. You took the words right out my mouth. Schaeffer is pulling his usual bull**** routine here. As you said - two things to take from this.

1) Maidana gets paid only above a certain threshold. A number (1.5 mill) that they are unlikely to hit. If they do it won't be by much.

2) Foreign TV rights aren't **** - Schaffer acts like they made a concession

3) Maidana really isn't going to make "millions" more. He might end up with 2 when he was guaranteed 1.5. Alex Leapai made more than that fighting Klitschko.

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

What I think happened here is this:

1) As you said - Floyd is cheap and greedy and has a 32 mill guarantee that Showtime knows from the outset they and GBP will be lucky to make a buck off of in the end. So any extra money thrown into the undercard is likely just adding to the overall net loss of the fight.

2) Al Haymon and Schaeffer have their eyes on Broner as a showpiece fighter if they were to ditch Oscar.

3) Haymon and Schaeffer - along time ago - agreed to pay Broner a minimum of 1.25m for any fight thinking he wasn't going to lose anytime soon and his growing popularity would make it a wise investment.

4) Knowing they can steal Broner but don't see Maidana as a priority they worked a deal where they essentially take guaranteed money Maidana should be getting and shift it to Broner to satisfy his guarantee to fight a bum. Obviously they have to do something to pacify Maidana and make it look like they are looking out for him so they dangle an "upside" to distract him from the fact he's being ripped off for Broner's benefit.

5) Now Broner has to be really happy with Haymon and Schaeffer and they've pretty much bought his allegiance by showing that if he sticks with them he will be rewarded handsomely to fight bums

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

This will be the kind of bull**** that undoes Haymon just like Don King.

Clearly he is "manager" for both Broner and Maidana but he clearly negotiated these deals in the best interest of Broner and did not give the same respect to Marcos.

Haymon always shows preference to his ''brothas'' for fighters contracts...

Looking at GBP/Showtimes business model (I'm not claiming to be some kind of businessman) it just doesn't look very sustainable and I don't think their investment of a guarranteed 32million will pay dividends. Very little left in the pot for GBP and Showtime after Floyd's purse and the other fighters money plus all the other expenses is taken into account.

[hectari]

Haymon always shows preference to his ''brothas'' for fighters contracts...

Looking at GBP/Showtimes business model (I'm not claiming to be some kind of businessman) it just doesn't look very sustainable and I don't think their investment of a guarranteed 32million will pay dividends. Very little left in the pot for GBP and Showtime after Floyd's purse and the other fighters money plus all the other expenses is taken into account.

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.

[Hitman932]

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.