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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 !! Shawn View Post
    This isn't a simple con game, its quite a massive one.
    No it is quite simple, size has nothing to do with it. If he is just in it for a % that is extraordinarily simple.

    Greedy guys like Haymon are in it for the whole thing not a %

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    • Originally posted by The Gambler1981 View Post
      Fact TV pays through the nose for all kinds of sports.
      Fact boxing draws an audience.
      Fact boxing has been under exposed for decades
      Fact boxers have often been some of the biggest sports stars
      Fact individual sports are also desired for TV
      Fact people will cheer for what they like, they don't need local teams


      Fact: even with all of those facts being true they will never justify paying a guy like Robert Guerrero a million dollars for an off-primetime fight that nobody watches.

      Fact: Robert Guerrero gets a million dollar purse, not because he's earned it, but because Haymon's contract explicitly states that he only gets paid if he secures Guerrero a payday beyond a certain dollar threshold.

      Fact: Al Haymon is inflating fighter purses to ensure he gets paid. This is not in the best interest of the investor and will become obvious very quickly. Haymon is able to get away with some of these things initially because of the investors ignorance as it relates to boxing.

      Fact: Even with Adrien Broner being the big star and PBC supposedly being a great thing for fighters - he is fighting Shawn Porter for less $$ than he got for fighting Carlos Molina - but still above the threshold where Haymon gets his - as is Porter's purse.

      Fact: Thurman-Collazo is another perfect example. Thurman will be overpaid for a fight that is hardly compelling when there are any number of easily made matches involving Thurman that fans would love.

      Thurman-Broner? Not if Haymon has anything to do with it.

      Thurman-Khan? Not if Haymon has anything to do with it.

      Thurman-Garcia? Not if Haymon has anything to do with it.

      Fact: In Al Haymon world Adrien Broner, Keith Thurman, Amir Khan and Danny Garcia live in a magic world where they can all exist in the same weight division yet never have to fight each other.

      Comment


      • Originally posted by Sugar Adam Ali View Post
        They knew going in that they would lose a bunch in the first 20 months...


        Most of the loss of value is buying TV time, and those deals are set and they won't spend that much in future quarters..

        But if PBC is gonna be successful they need to step up the matchmaking.... All these crap matchups aren't exciting anyone, let alone capturing casuals....

        PBC needs more thurman/Guerrero and degale/dirrell fights, and less crap fights like this frampton/Gonzalez and k9/charo card....
        Is there going to be a second 20 months?

        Comment


        • Originally posted by Hitman932 View Post
          Fact: even with all of those facts being true they will never justify paying a guy like Robert Guerrero a million dollars for an off-primetime fight that nobody watches.

          Fact: Robert Guerrero gets a million dollar purse, not because he's earned it, but because Haymon's contract explicitly states that he only gets paid if he secures Guerrero a payday beyond a certain dollar threshold.

          Fact: Al Haymon is inflating fighter purses to ensure he gets paid. This is not in the best interest of the investor and will become obvious very quickly. Haymon is able to get away with some of these things initially because of the investors ignorance as it relates to boxing.

          Fact: Even with Adrien Broner being the big star and PBC supposedly being a great thing for fighters - he is fighting Shawn Porter for less $$ than he got for fighting Carlos Molina - but still above the threshold where Haymon gets his - as is Porter's purse.

          Fact: Thurman-Collazo is another perfect example. Thurman will be overpaid for a fight that is hardly compelling when there are any number of easily made matches involving Thurman that fans would love.

          Thurman-Broner? Not if Haymon has anything to do with it.

          Thurman-Khan? Not if Haymon has anything to do with it.

          Thurman-Garcia? Not if Haymon has anything to do with it.

          Fact: In Al Haymon world Adrien Broner, Keith Thurman, Amir Khan and Danny Garcia live in a magic world where they can all exist in the same weight division yet never have to fight each other.
          There is no such thing as fairy tails and free lunches.

          Haymon is out for number 1 but that is not a bad thing because the world runs best when everybody is out to pursue their own vested interests.

          If the investors are as dumb as you think, then fools and their money are soon parted it really changes nothing though.

          It really doesn't matter what the fans want because the people who are boxing fans are nothing but a small percentage to him. There will be some good fights, some decent fights and some fights that won't be good just like boxing has always been. Things will get better as he needs a TV deal to kick in to show improvement to get the best possible deals, as opposed to spending all his bullets and riding into that point at a plateau. Then they will fall off again to a degree, such is the cycle of boxing such as it will always be the sport ebbs and flows.

          I fail to see your point beyond you trying to sound like you know some stuff.
          Last edited by The Gambler1981; 06-20-2015, 02:47 PM.

          Comment


          • Originally posted by The Gambler1981 View Post
            There is no such thing as fairy tails and free lunches.

            Haymon is out for number 1 but that is not a bad thing because the world runs best when everybody is out to pursue their own vested interests.

            If the investors are as dumb as you think, then fools and their money are soon parted it really changes nothing though.

            It really doesn't matter what the fans want because the people who are boxing fans are nothing but a small percentage to him. There will be some good fights, some decent fights and some fights that won't be good just like boxing has always been. Things will get better as he needs a TV deal to kick in to show improvement to get the best possible deals, as opposed to spending all his bullets and riding into that point at a plateau. Then they will fall off again to a degree, such is the cycle of boxing such as it will always be the sport ebbs and flows.

            I fail to see your point beyond you trying to sound like you know some stuff.
            Just to clarify though, you are perfectly okay with Haymon operating in a clearly transparently corrupt manner, and lining his own pockets at the expense of the health of the sport?

            Comment


            • Originally posted by !! Shawn View Post
              Just to clarify though, you are perfectly okay with Haymon operating in a clearly transparently corrupt manner, and lining his own pockets at the expense of the health of the sport?
              I wouldn't call it corrupt, it is what he has set up to make money, this isn't a charity.

              Why is it corrupt? And corruption never stands up to the light of day, so even if it was it will eventually be sorted out and Haymon will go to jail for fraudulent activities. Why bother being concerned about something that will sort itself out with no needed involvement from me.

              Either the venture will succeed or fail, success will be good for boxing as a whole while failure probably won't set it back much. Success also means good things for Haymon, which doesn't bother me, and if he fails that was the risk he took which doesn't bother me either as it was his choice.

              Comment


              • Originally posted by The Gambler1981 View Post
                I wouldn't call it corrupt, it is what he has set up to make money, this isn't a charity.

                Why is it corrupt? And corruption never stands up to the light of day, so even if it was it will eventually be sorted out and Haymon will go to jail for fraudulent activities. Why bother being concerned about something that will sort itself out with no needed involvement from me.

                Either the venture will succeed or fail, success will be good for boxing as a whole while failure probably won't set it back much. Success also means good things for Haymon, which doesn't bother me, and if he fails that was the risk he took which doesn't bother me either as it was his choice.
                Well atleast we now have a fervent Haymon supporter on record stating that what he is doing may be criminal, and may land him in jail. Glad we are on the same page.

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                • Originally posted by !! Shawn View Post
                  Well atleast we now have a fervent Haymon supporter on record stating that what he is doing may be criminal, and may land him in jail. Glad we are on the same page.
                  Except I didn't say that~

                  If (you know that word right) he is doing something wrong then it will all come to light and being taken care of. I don't think he is doing anything wrong (in a legal sense) and no one here has shown otherwise certainly not you.


                  Also I don't give much of a **** about Haymon, if he goes to prison so be it or if he sells the company for billions that is fine also or if he goes bankrupt. That is system we live in, but I like boxing so seeing it expand is something I would like.
                  Last edited by The Gambler1981; 06-20-2015, 03:22 PM.

                  Comment


                  • Originally posted by !! Shawn View Post
                    Just to clarify though, you are perfectly okay with Haymon operating in a clearly transparently corrupt manner, and lining his own pockets at the expense of the health of the sport?

                    Don't waste your time with this gambler guy. I don't know how much time I wasted on him in the past and he will never see things any other way but his own, and Haymon's of course. In his world, boxing has the chance to overtake the network deals of any and all major team sports. It can be bigger than MLB, the NFL and the NHL all put together. It is the greatest sport in the history of the world and Haymon is the greatest business man in the history of the world who will make all of this happen.

                    The fact that boxing has none of the characteristics that enables team sports to reach the level of popularity they have reached is meaningless to him. Boxing is a sport and that is all that matters. The fact that boxing is extremely violent is meaningless, it is a sport and that is all that matters. To his narrow view of the world, people are like lemmings and once they start to follow, they will follow it to the end of time.

                    And you will never get him to look at things realistically or logically.

                    Comment


                    • Originally posted by Barcham View Post
                      Don't waste your time with this gambler guy. I don't know how much time I wasted on him in the past and he will never see things any other way but his own, and Haymon's of course. In his world, boxing has the chance to overtake the network deals of any and all major team sports. It can be bigger than MLB, the NFL and the NHL all put together. It is the greatest sport in the history of the world and Haymon is the greatest business man in the history of the world who will make all of this happen.

                      The fact that boxing has none of the characteristics that enables team sports to reach the level of popularity they have reached is meaningless to him. Boxing is a sport and that is all that matters. The fact that boxing is extremely violent is meaningless, it is a sport and that is all that matters. To his narrow view of the world, people are like lemmings and once they start to follow, they will follow it to the end of time.

                      And you will never get him to look at things realistically or logically.
                      Boxing has the same appeal all sports do, and individual sports are just as desired as team sports to TV because the audience has to watch them live. I also said Haymon could fail~ so you should look in the mirror because you can do nothing but say nay,

                      I never once said boxing overtakes anything, I just said it will get a TV deal as the numbers are as the numbers aren't that out of line with most other sports broadcasts.

                      Hyperbole doesn't make you look better, it makes it look like you have no clue what you are talking about.

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