Comments Thread For: Bob Arum Reacts To Chavez Jr. Signing With Haymon
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He is leaving because he wants to control his own business decisions. For good or bad, that's his ambition.So Arum is the one who guided and promoter Chavez to the fighter he is today, and Chavez leaves Arum because... why is Chavez leaving? The answer is obviously because he wants to make less money fighting nobodies. Haymon doesn't get their fighters the most money, we all know that. What he does do though, is avoid any potential loss just like Mayweather. There is no way Haymon will cover what Chavez could have made fighting GGG or Froch and maybe even Ward. Stevenson isn't going to produce that kind of a payday.
Just like Oscar, Mayweather, Cotto, Klistchko and, to a lesser extent, "Canelo" Alvarez (and maybe Andre Ward), Chavez Jr wants to get himself into a position where he can "run the show".
Work with the folks that he wants to work with, pursuing the most marketable fights possible, work out the logistics on his own terms, and make his own money off of how much money comes in, once all the revenues are counted. not overly complicated.
Even if you think of a hypothetical Chavez Jr-Golovkin fight, "covering the money" is the wrong conversation. K2 (for Golovkin) and whatever promoter that Chavez Jr decides to work with can sit down and negotiate a deal.
How much money is HBO willing to put into an HBO PPV event of Chavez Jr-Golovkin? Is K2 willing to give Chavez Jr the full Mexico TV rights, in exchange for the full Europe TV rights? How much of a split of the US PPV revenue would be needed to balance the TV rights math? How is the gate split between the parties? etc.
These are all questions that a Chavez representative can sit and talk with a K2 representative and hammer out. And, with everyone at the table, both fighters end up likely making far more than the $3m offered to Chavez Jr, or the lesser amount that was offered to Golovkin.Comment
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