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

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  • Originally posted by Barcham View Post
    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.
    No it doesn't because you are still ahead of the game with those numbers I gave. You spent 200 (which includes debt) you made 150 back total, plus your value is 300. You are fishing for reasons to not understand a simple concept.

    It is real simple PBC holds a value, it is a business and as such it can be sold lock stock and barrel. right now that ain't that much less than what has been spent but by the time they have a TV deal and real income to offset loses (at least for the most part) it will have real value.


    So the equity the brands gains is value earned, it is not just about what you earn compared to what you originally invest because as long as the company is functional, it will have some forward value that is greater that will get paid for at a premium.

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    • Originally posted by Barcham View Post
      He sold a contract for $200 million? Really? What contract was that?
      How much did mayweather get for his showtime contract?

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      • Originally posted by SlySlickSmooth View Post
        If things are on the positive then you'd say 250 million ahead unless there's a sudden drop right after that fiscal year.
        Well it is a snapshot, if you sold at that moment you would be 250 ahead (it is kind of assuming 300 million is on the table).

        If you held on, the value could go in a negative direction again and someone may not be willing to pay 300 at that point.

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        • Originally posted by -MEGA- View Post
          How much did mayweather get for his showtime contract?
          OK, you are an idiot. Go away. Haymon sold nothing to Showtime, Floyd accepted a contract.

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          • Originally posted by PBP View Post
            I'll trust the judgment of the PE investors over you guys.
            Seriously. A guy who openly admits to wanting MMA to extinguish boxing and a notoriously butthurt pacfanatic have declared this venture a failure after having watched these events once or twice, if at all. I guess we should all just stop watching boxing if things are as bleak as they imagine

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            • Originally posted by Barcham View Post
              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.
              Sports are sports and there is a ton of desire to have sports on TV, not all sports are equal but boxing is better than a lot of sports to an average sports viewer.

              You are so dead set against it you can't see the possibilities, I don't know that the risk will pay off or that it will for sure work. It is however a workable situation for those involved, and if they play their cards correct they will reap the rewards, and people like me will be laughing all the way to the bank at naysayers like you.

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              • Originally posted by Barcham View Post
                OK, you are an idiot. Go away. Haymon sold nothing to Showtime, Floyd accepted a contract.
                Your a special kind of ****** aren't you?

                Your whole argument and every argument in this thread was debunked in one sentence. You can hate all you want, but haymon brokered the largest deal in sports history.

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                • Originally posted by The Gambler1981 View Post
                  No it doesn't because you are still ahead of the game with those numbers I gave. You spent 200 (which includes debt) you made 150 back total, plus your value is 300. You are fishing for reasons to not understand a simple concept.

                  It is real simple PBC holds a value, it is a business and as such it can be sold lock stock and barrel. right now that ain't that much less than what has been spent but by the time they have a TV deal and real income to offset loses (at least for the most part) it will have real value.


                  So the equity the brands gains is value earned, it is not just about what you earn compared to what you originally invest because as long as the company is functional, it will have some forward value that is greater that will get paid for at a premium.
                  I will repeat myself... WHAT exactly do PBC have to sell? They have NO exclusive contracts with any fighters. In fact, they have no contracts at all with any fighters. Haymon has his personal services 'advisor' or 'manager' contracts with the fighters but those cannot be transferred or sold to anyone.

                  It is not like a major league sport where you have players signed to long term contracts to a particular team. And even in that case, it is the team which has value, and which can be sold, not the league itself. You could not sell the NHF or the NFL or MLB as a whole to some group of investors.

                  You cannot even compare PBC to a fast food franchise, because a food enterprise has value in it's stock, location, hardware, building, customer base, etc... PBC HAS NOTHING OF VALUE. There is nothing stopping someone else from starting a competing boxing league which seriously damages the net worth of the PBC brand.

                  PBC without the fighters is worth exactly nothing.

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                  • Originally posted by Barcham View Post
                    I will repeat myself... WHAT exactly do PBC have to sell? They have NO exclusive contracts with any fighters. In fact, they have no contracts at all with any fighters. Haymon has his personal services 'advisor' or 'manager' contracts with the fighters but those cannot be transferred or sold to anyone.

                    It is not like a major league sport where you have players signed to long term contracts to a particular team. And even in that case, it is the team which has value, and which can be sold, not the league itself. You could not sell the NHF or the NFL or MLB as a whole to some group of investors.

                    You cannot even compare PBC to a fast food franchise, because a food enterprise has value in it's stock, location, hardware, building, customer base, etc... PBC HAS NOTHING OF VALUE. There is nothing stopping someone else from starting a competing boxing league which seriously damages the net worth of the PBC brand.

                    PBC without the fighters is worth exactly nothing.
                    PBC sells PBC~

                    PBC is in the televised boxing business, if they are good at that the brand holds value. If someone was to buy PBC I am sure they would have a pretty solid agreement on what they are getting out if it beyond 3 letters, a ring and a stage. Once it has TV deals those are worth a metric ****ton and it will have those lined up (or that if it is an exclusive) before these time buys are up.


                    Why are you so upset at PBC? What has PBC done to you?

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                    • Originally posted by -MEGA- View Post
                      Your a special kind of ****** aren't you?

                      Your whole argument and every argument in this thread was debunked in one sentence. You can hate all you want, but haymon brokered the largest deal in sports history.
                      Yes, he brokered a deal. He did not sell a contract and the money did not go to Al Haymon, but to Floyd Mayweather. ...

                      Actually I had an entire post written to you but decided you are just not worth the time to get into a discussion with. You can go back to sucking on Al's ****.

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