Comments Thread For: Arum, CBS CEO Set Meeting on Mayweather-Pacquiao
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Floyd can get out of the contract anytime he wants as long as he doesnt fight for himself or anybody else until he fulfill his obligations with showtimeComment
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i defend him becoz he told pacquiao not to resign with bob if he wanted the fight and pac clearly decided that he didnt want the fight. he could have done the same thing that cotto did. be free agent get the floyd fight maybe even a rematch then go back to bob if he wanted to but he decided not to take the fight. what people dont understand is that floyd isnt desperate enough to do anything against his will. he is still getting very well paid so you cant push him around. the only way is to accept his demands
There's a reason why Arum exists. There are benefits working with a promoter, guaranteed money (20+ million per fight) among other things. PAC is also busy outside of boxing so being a free agent isn't ideal. Cotto doesn't make nearly as much, 1-6 million per fight depending on opponent.
As a sports athlete, they look for SECURITY financially. Same thing in all sports MLB, NBA, NFL, NHL... Most look for longer term contracts and/or higher salary per year average. Mayweather signed an exclusive deal with Showtime similarly. You need to understand the business of sports.Comment
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Showtime has an out in the contract (as does Floyd)-if Floyd is losing them so much money, why haven't they exercised the out? Maybe the fact he has sold over 4 mil ppv's total in the 4 fights shows he isn't losing them money.Comment
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I can see what will play out already. Arum goes in thinking he will be able to get Leslie Moonves to agree to his terms. Moonves will say he wants to talk to his people who handle boxing as well as the relevant parties on his side. Arum blows a gasket, withdraws from negotiations, and declares the fight off.
Book it.Comment
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I didn't see that in their latest Q. Where did you get that info?Comment
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Well I was under the impression he had to make at least 1m buys per fight to break even.
His fights with Guerrero and Maidana have all done less than what he was expected to make.
Edit: Yeah I'm incorrect. My bad. I forgot the Canelo fight was a humongous success.Last edited by DARKSEID; 11-24-2014, 09:56 AM.Comment
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I really hope Arum isn't going into this thinking he's running things. There is an A side and a B side in this promotion and whether Arum likes it or not, the B side promoter doesn't control things. With that said, there has to be some give and take on both sides.Comment
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And which research analyst provided you with this info?Comment
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