Comments Thread For: De La Hoya Praises Mayweather For Taking Rematch

[BIGPOPPAPUMP]

Golden Boy Promotions President, Oscar De La Hoya, says Floyd Mayweather Jr. (46-0, 26KOs) could have fought anybody on September 13th at the MGM Grand in Las Vegas - but the undefeated boxer made a decision to select Marcos Maidana (35-4, 31KOs).

It will be the first rematch of Mayweather's career since he fought Jose Luis Castillo on two occasions in 2002.

On May 3rd, at the same Las Vegas venue, Mayweather unified the WBC/WBA belts with a twelve round majority decision. Maidana gave Mayweather a much tougher fight than anyone had expected.
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[hamada44]

Oscar is such an intelligent man. Trying to play kool with floyd he knows what floyd brings to the table. Where as floyd is a silly man tryin to drop golden boy publicly and now he knows he needs golden boy because they have the MGM reserved for his dates. Oscar understand business better than floyd sometimes you have to put ego aside.

[Bronx2245]

Oscar is such an intelligent man. Trying to play kool with floyd he knows what floyd brings to the table. Where as floyd is a silly man tryin to drop golden boy publicly and now he knows he needs golden boy because they have the MGM reserved for his dates. Oscar understand business better than floyd sometimes you have to put ego aside.

I wouldn't go that far. Money pays Oscar to do his promotion (for now), but doesn't sign a contract to promoters like other fighters:

In order to make the really big money in the world of professional fight promotion, you need to follow the Floyd Mayweather's highly creative and highly lucrative business model. The reason Floyd Mayweather is able to take home as much as $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 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.

http://www.celebritynetworth.com/articles/entertainment-articles/floyd-mayweather-earn-100-million-per-fight/

[Hougigo]

Thank you for including me

[33030]

Interesting that no one is complaining about Mayweather ducking this and that person.

[33030]

I wouldn't go that far. Money pays Oscar to do his promotion (for now), but doesn't sign a contract to promoters like other fighters:

In order to make the really big money in the world of professional fight promotion, you need to follow the Floyd Mayweather's highly creative and highly lucrative business model. The reason Floyd Mayweather is able to take home as much as $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 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.

http://www.celebritynetworth.com/art...ion-per-fight/

I think if the casual fan knew this about floyd they would changed their minds about him. This is AWESOME info. Thanks from me.... Even tho I consider myself a little bit above average of the game of boxing the businees aspect can be overlooked b/c we as fan look only at the fight, not the business that comes with it.

[jso416]

The "Keith Thurman is not a big enough name" comment is a load of crap. I genuinely believe a Keith Thurman fight in September certainly would outsell the Maidana fight from May and probably even outsell this rematch. The kid is an undefeated young American fighter and has enough speed, power and boxing skill to be a legitimate threat to Mayweather. Both casual boxing fans and certainly hardcore boxing fans would pay to watch it.

[Bronx2245]

I think if the casual fan knew this about floyd they would changed their minds about him. This is AWESOME info. Thanks from me.... Even tho I consider myself a little bit above average of the game of boxing the businees aspect can be overlooked b/c we as fan look only at the fight, not the business that comes with it.

Well, thank you kind sir! Here's a little more info for you:

"That pie is only part of the total revenue, the pay-per-view TV part. To illustrate the other revenue streams, Schaefer pulled a piece of paper from his pocket, a spreadsheet written in 6-point typeface. Drawn out, Schaefer said it would take up two chalkboards, but on the sheet in his pocket, it was boiled down to a formula for how much Mayweather would earn, based on how many people bought the fight and what the other revenue streams brought in.

Those streams include foreign sales for a fight broadcast in 168 territories; closed-circuit revenues (in 2,000 or so bars and restaurants nationwide, in theaters and in rooms at Las Vegas casinos); site revenue (ticket sales, merchandise); and sponsorships. Most boxers would see little, if any, of that money, whereas, Schaefer said: “All revenues here are Mayweather revenues. He gets part of everything.”

Roger Federer does not make money off the sales of strawberries and cream at Wimbledon, nor does Derek Jeter’s contract include the Yankees’ TV contract in Asia. Mayweather has devised an altogether different model for marquee athletes.

http://www.nytimes.com/2011/09/17/sp...anted=all&_r=0

[MC Hammer]

Oscar is such an intelligent man. Trying to play kool with floyd he knows what floyd brings to the table. Where as floyd is a silly man tryin to drop golden boy publicly and now he knows he needs golden boy because they have the MGM reserved for his dates. Oscar understand business better than floyd sometimes you have to put ego aside.

So going from talking trash about a guy for 7 years, to brown nosing him every chance you get because your current situation is shambles counts as business acumen. Oscar has no dignity.

[33030]

The "Keith Thurman is not a big enough name" comment is a load of crap. I genuinely believe a Keith Thurman fight in September certainly would outsell the Maidana fight from May and probably even outsell this rematch. The kid is an undefeated young American fighter and has enough speed, power and boxing skill to be a legitimate threat to Mayweather. Both casual boxing fans and certainly hardcore boxing fans would pay to watch it.

Even tho I like Keith Thurman too I dont think he can sell enough for PPV. What I say on other websites, when the casual fans knows who you are than the promotional companies can put you on a bigger stage. I just dont think "casual fan" knows who he is yet...