How does Al Haymon make a profit??

[PK3434]

1 big tv deal isn't going to cover all the losses...it would have to be a few.

[CANELOLUJAH]

he taking L right now for huge payoffs in the future. My bet is he using network tv to build up fighters and sell them PPV's and thats where he gonna recoup + along the way get sponors, advertisers, and hopefully somewhere down the road have the network pay him for the content/fight cards instead of him buying the time slots himself.

[Deevel916]

With the new NBC network deal he isn't making a profit. He and his investors are currently spending millions to hope and entice advertisers to buy tv time slots in the future if they see potential. It's a big gamble he's taking.

[Eff Pandas]

This is the big question.

I think its highly speculative at this point to assume anything.

I think the big TV deal could be part of the end game.

I think there could be a subscription based service at some point in this experiment too. I believe the WWE is making $10M a month off of their subscriber service right now that is less than a year old & still growing. The UFC is doing it too although they aren't a publicly traded company so idk how much money they are generating from it.

I think those things & maybe some PPV stuff is pretty much the go to plan. Thing is Al is not a conventional thinker. I think there is potentially something here everyone is somehow overlooking. Not unlike his outsourcing of promotional duties that no one was/is doing which is helping him sign so many boxers under the PBC banner. I think there could be a revenue stream people are underestimating or blind to currently out there that Haymon has already got dibs on.

[Eff Pandas]

One newer interesting thing of note btw is Thomas Hauser's recent article about PBC mentioned a IPO for PBC at some point. I hadn't heard anything like that previously & it seemed an odd thing to randomly mention. Idk if Hauser has some insider info or that was just a huge speculative guess as is the usual for Haymon activities.

That does seems like a solid way to refill the war chest at some point with how expensive this could get, although idk granted idk much about all that stock & bonds **** impacts dollars & cents on Haymon's side.

[AgainstTheRopes]

I also believe Haymon knowingly overpays his fighters to 1)Keep them happy 2) draw in other fighters and or squeeze out smaller promoters by forcing them to themselves overpay beyond their means

[racer59]

He (Al Haymon) hasn't lost a penny. He gets paid percentages from every fighter he "advises."

HAYMON BOXING, "Haymon Boxing Management, the world’s premier boxing management company. Headquartered in Las Vegas, NV, it represents the sports top fighters and athletes. The company represents some of the top athletes in the world and is focused on giving them the best possible management and assistance available." This is the entity that is taking the losses but its not his money, its investor capital that he is burning through...

Interesting how an "Advisor" has his name on a company that specifically states they are in the "Management" business.

[CANELOLUJAH]

This is the big question.

I think its highly speculative at this point to assume anything.

I think the big TV deal could be part of the end game.

I think there could be a subscription based service at some point in this experiment too. I believe the WWE is making $10M a month off of their subscriber service right now that is less than a year old & still growing. The UFC is doing it too although they aren't a publicly traded company so idk how much money they are generating from it.

I think those things & maybe some PPV stuff is pretty much the go to plan. Thing is Al is not a conventional thinker. I think there is potentially something here everyone is somehow overlooking. Not unlike his outsourcing of promotional duties that no one was/is doing which is helping him sign so many boxers under the PBC banner. I think there could be a revenue stream people are underestimating or blind to currently out there that Haymon has already got dibs on.

"WWE's new online streaming network has picked up only an estimated 700,000 subscribers, and WWE conceded that it could lose as much as $52 million this year. "

http://news.yahoo.com/blogs/the-turnstile/vince-mcmahon-s-losses---750-million-in-two-months-130951096.html

[racer59]

...Thomas Hauser's recent article about PBC mentioned a IPO for PBC at some point...

This would be the liquidity event his investors are banking on.

[TRTboy]

Long term plan. Thats why he needs huge ratings.