If Oscar isn't paying Floyd, then why are Floyd's checks issued by GBP?
Why are floyd fans looking to a cotto rematch to save the day?
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After the first fight, they said a rematch wasn't necessary. "Floyd just dominated Cotto, there doesn't need to be a rematch". "Floyd won 9-3 if you're being generous to Cotto, 10-2 if you're being realistic. There doesn't need to be a rematch".
Why the sudden change of heart?Comment
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If Oscar isn't paying Floyd, then why are Floyd's checks issued by GBP?
All I will say about the finances is non of use know enough to the grimy dealings of boxing to comment too much. One thing I do know I'd that these promotors and networks will not out up these fight if they aren't making money. Mayweather is not getting 32 mil if showtime is losing their azz. I'm sure showtime got pretty good lawyers. They may lose some money here and there but back to back millions I surely doudt.
Someone show me Floyd's other check from 2014. I bet it don't say 32 million. And if it did showtime didn't lose there azz.Comment
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If Oscar isn't paying Floyd, then why are Floyd's checks issued by GBP?
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Can't argue with evidence. Interesting is the part were the deductions for the tickets and anti doping. I noticed in may be got many more to tickets. In September he only got 25k worth. That's was the Canelo fight of course. Seems like gbp kept more to sell off presumably to profit more. Those damn scalped tickets go for $$$$$.
All I will say about the finances is non of use know enough to the grimy dealings of boxing to comment too much. One thing I do know I'd that these promotors and networks will not out up these fight if they aren't making money. Mayweather is not getting 32 mil if showtime is losing their azz. I'm sure showtime got pretty good lawyers. They may lose some money here and there but back to back millions I surely doudt.
Someone show me Floyd's other check from 2014. I bet it don't say 32 million. And if it did showtime didn't lose there azz.
If you are on record with GBP pays Floyd his guarantee, explain to me how its Showtime losing money and not GBP. What are their expenses exactly?
We all know Floyd's 32 mill deal is with Showtime. Not GBP.Comment
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At the end of the day, Showtime is the bank. They are the ones paying Floyd his guarantee. It works its way down the pipeline and due to legal/promotional reasons, it is Oscar who writes Floyd his checks.
It is showtime who pays Floyd's opponents and undercard. Not Floyd. That doesn't even make sense.Comment
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Here is one of breakdowns of his deal.
The floor rumbles and your ears feel like they’re stuffed with cotton from the combination of the crowd noise and the blaring music. The flashes from cameras and smartphones dot the darkened arena like a million fireflies on a summer night. As the boxers make their way toward the ring, it all intensifies to a maddening crescendo that doesn’t stop until after the first punch is thrown.
As the promoter, Mayweather pays for the undercard boxers on the show.Typically, he litters his big pay-per-view shows with some boxers from his company, Mayweather Promotions, and Golden Boy Promotions, which he pays a flat fee to help run the promotion of the show.He gets all the live gate revenue, which ranges from $12-$15 million. His match against Alvarez set a record for live gate in Nevada with $20 million.Comment
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I'm not sure i follow correctly but what im understanding is that
-the network (Showtime) pays the main promoter (GBP)
-main promoter then pays their co-promoter (Mayweather Promotions)
-Each promoter will pay their fighters (GBP - Canelo, Mayweather Promotions - Mayweather)
-each fighter will pay their team (manager, trainer, advisor, fees)
If im not understanding correctly, ignore these questions and enlighten me please.
could showtime be paying 32mil guarantee for mayweather promotions llc? meaning the mayweather promotions fighters in the undercards get paid from that 32mil?
those checks in the pictures show net of 32mil and 41.5mil so they look to be the amount that should go to mayweather. but its paid to mayweather promotions so my understanding is they will have to pay their other fighters who fought in that card. does mayweather get a different check from showtime directly?Comment
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