WOW! PBC has burned thorugh 143M dollars, investors lose 27.5% of its value!

[The Big Dunn]

Doesn't matter if they had $40 Trillion. No businessman/investor likes to lose money. Sure they can expect to take some losses in the beginning while building their brand, but once they see consecutive losses over a period of time without the tides reversing, they will eventually pull the plug.

This almost reminds me of Jay Z and Tidal. I don't see how that becomes successful for him, and I don't see PBC becoming successful for Haymon and his investors. He just doesn't have enough stars in his stable to draw massive viewership and fan interest. Signing a bunch of obscure C-level fighters is not a recipe for success in this sport.

Why do you have to see it for it to work?

You were one of the posters adamant that changes were needed in boxing. Then, as soon as something is tried, you have doomed it to failure because it isn't what you are used to seeing.

You seem to have a personal problem with haymon. Sorry that people you would feel more comfortable with didn't have the ability to procure funding necessary to be able to do anything, not that they want any change at all.

The people you like don't want change. So if you are really about all that you posted, I suggest you let go of your "uncomfortableness", otherwise the changes you want will never be made.

[The Big Dunn]

Its not about wanting to see it fail. If anything PBC is further isolating the sport rather than unifying it. It would only be successful for everyone if PBC controlled every single fighter which it wont. As it stands many major fights wont happen due to Haymons rifts with certain networks and promoters. How does this benefit us fans and the sport?

Why are you not asking this of the people who decided not to work with haymon?

[Barcham]

Lots of people look like they are throwing money in a pit only to come out laughing all the way to the bank, especially in sports.

How many times have people been said to buy a team ******ly only for the teams value to be double within a couple years. As long as it gets to breaking even or close to it, the amount the venture can be sold (what PBC is worth) for will greatly outstrip the money spent on it.

When it comes to PBC, tell me exactly what part of the venture can be sold for a profit? The name? The pro wrestling stage they enter from? The ring? There are no teams, no franchises and no athletes signed to PBC. Every fighter can walk away from PBC tomorrow and no one can stop them. THEY HAVE NOTHING TO SELL! Maybe they could sell the airtime they purchased back to the networks at a huge loss, but that's about all they have of value right now.

Comparing boxing to any other sport is foolish and useless.

[Barcham]

You start a business, and spend 200 million. You make back 150 million. The value of the venture is now worth 300 million.

Are you 50 million in the hole or are you 250 million ahead?

It depends on how long it took you to earn that 150 million and what interest you are paying on the original 300 million. It is very possible that 300 has grown to at least 350 in debt by the time you began earning a profit. And you actually do not begin to earn a profit until the original outlay has been repaid.

Your theoretical situation is missing too much data to come to any conclusions.

[just the facts]

Its not about wanting to see it fail. If anything PBC is further isolating the sport rather than unifying it. It would only be successful for everyone if PBC controlled every single fighter which it wont. As it stands many major fights wont happen due to Haymons rifts with certain networks and promoters. How does this benefit us fans and the sport?

More exposure is further isolating the sport? Really? I couldn't pick out Haymon in a line up. I have no idea what his day to day business practices are, and I don't care.

I'm am a boxing fan and I'm seeing a ton more boxing lately. All thanks to PBC. More boxing on TV is a good thing and no one will convince me differently

[Scipio2009]

Aside from poor matchups, PBC's biggest problem is that its one big mess. I'm a diehard boxing fan and I cant even keep up with who's fighting who on what channel and at what time. They're all over the place. 4-5 different networks showing their fights on different days and at different time slots. If I cant keep up with it how are casuals suppose to?

At least with HBO and Showtime, when there's a fight you know its almost guaranteed to take place on a Sat evening between the hours of 9-10pm for the most part.

The PBC plan, at least this initial three year stretch, isn't about the diehard boxing fan; it's about "expanding the pie" for boxing, giving the general sports fan every chance possible to watch boxing.

Big fights in primetime on NBC, 'The Worldwide Sports Leader" carrying fights in primetime, boxing blended in with the 'combat sports' programming in primetime on Sp1keTV, and giving the weekend afternoon sports fan something to watch while they wait for football to come back.

The fights have all ended up being pretty good fights, so you put the product in front of someone not actively hunting for boxing, impress them with fights or fighters, and hope that they start to regularly tune in for fights after that.

4.2m people watched Keith Thurman and Robert Guerrero fight (while also watching Adrien Broner put up a so-so fight); when the commercials start to run for Keith Thurman's fight on ESPN, those 4.2m who watched the first fight will have an opportunity to watch Thurman fight again.

casual fans aren't going to catch every show; still, they'll pick up on fighters that they like, tune in for those fights, and hopefully find other fighters that they like (slowly turning themselves from sports fans to casual boxing fans to boxing fans)

[-PBP-]

The problem is, he's still not picking up any real traction with advertisers and ratings have been mediocre at best.

This 'venture' will not be around for 'years'. Once the investment capital is gone, so is the PBC. I love people who say that you have to invest money to make money. Yes, this is true to an extent. But you do not invest almost half a BILLION dollars without seeing the beginnings of a return. Once the money is gone, even if they have begun to break even they will be dead in the water. Even if they begin to turn a million dollar profit per show, they will dead in the water. Because the investors will eventually expect a return on their investment. At a 1 million profit per show, it would take them over 500 shows to just break even. At 40 shows per year, that is over twelve years to break even!

Good luck with that!

I'll trust the judgment of the PE investors over you guys.

[-MEGA-]

So what he burned through 27 percent (127mil). That ain't ****! You guys are a bunch of nimrods I tell ya.

He sold one contract for 200 million alone. Imagine what he's gonna do with a whole brand.

[SlySlickSmooth]

You start a business, and spend 200 million. You make back 150 million. The value of the venture is now worth 300 million.

Are you 50 million in the hole or are you 250 million ahead?

If things are on the positive then you'd say 250 million ahead unless there's a sudden drop right after that fiscal year.

[Barcham]

So what he burned through 27 percent (127mil). That ain't ****! You guys are a bunch of nimrods I tell ya.

He sold one contract for 200 million alone. Imagine what he's gonna do with a whole brand.

He sold a contract for $200 million? Really? What contract was that?