Originally posted by Dr Rumack
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I don't know anyone who doesn't realize, nor have I seen anyone post, that Haymon created PBC or bought time on TV for altruistic reasons, for the love of the game, etc.
Who does that for anything? NBC is trying to make money, the fighters are trying to make money, the advertisers and sponsors are trying to make money (by getting people to buy their products), the arena is trying to make money and the guys selling programs and peanuts and popcorn are trying to make money.
Are you suggesting that making money is an evil motive?
What Haymon is doing that Arum or Golden Boy or Don King (now or back in his heyday) haven't done is INVEST in boxing. PBC is sinking tons of money (millions, I would presume well over $100 million) not believing that these fights are going to make money today, but that they will in the long run create a return on investment ... that they'll make that back and more down the road by creating stars and increasing the audience.
Klitschko-Pulev drew 1 million for two viewings on HBO. Wilder-Stiverne did 1.25 million on Showtime, biggest fight in 2 years and fourth-biggest ever on that network in viewership. (Yes, I know those are subscription channels with a smaller available audience than the networks.) So this did 3 million -- that's 3 times more than saw Wlad, and that means that some casuals who aren't now hardcore boxing fans probably tuned in because it was accessible on free network TV.
Competition is a good thing. PBC's "power move" is going to make HBO and Showtime and Arum and Golden Boy also invest in boxing if they want to keep their share, and they're going to have to put on more compelling fights to stay in the game.
For a boxing fan, to me that's a good thing.
I hope Haymon's investment pays off. I hope they make so much money that they have to carry gold bricks out of the arena every time out, because if they make big money doing it then others will want to try to emulate it and they'll also invest to see if they can get a piece of the pie.
So, yeah, I'll give him a pass for trying to make money.
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