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

[Dolezal]

Hahvahd doe!

[Scipio2009]

Waddell & Reed holdings as of 3/31/15 show Media Group Holdings LLC Series H had lost 27.5% of its value. PBC burned through $143M by March.

— Boxing Leaks (@BoxingLeaks) June 4, 2015

Masterplan, here we come!!

Working as well as Robert Guerrero filling out stadiums

Haymon's already paid for all of the TV deals and paid to put together the sets/technologies used during their events, before even considering any outlays for the 9 shows they've put on (and 4-6 shows in the que).

Then again, your entire objective is to portray a picture of "see, I told you Haymon was going to fail. Long live Uncle Bob's view of boxing" foolishness.

moving on.

[brickcityboxing]

Them making other guys up their comp is good. I doubt we would've gotten Ruslan/Matts this year w/o them.

Wasn't quite what we expected, but a fight we wanted that happened

agreed... completely. I'm sure if you asked the majority of these so called fans would they like to see Haymon and all of his business ventures as it pertains to boxing completely fail the answer would unequivocally be yes! They would be changing their tune though if it was a Top Rank HBO monopoly on the sport... No incentive to do anything "for the fans"if the fight doesn't make any sense to their bottom line it won't happen! Competition is good for the overall survival of the sport and Haymon is giving guys a chance to shine and even headline cards who normally wouldn't be able to because HBO and SHO only have so many dates per year not to mention they have a budget they have to worry about...

[IFightDirty]

Because they love it when a black man fail!

ain't nothing changed from Jack johnson era!!!!

its all the same!!

Or maybe he's a shadowy figure who seems to be pulling the strings in the background, preventing a lot of good fights from happening.

[Cuban Linx]

Can PBC at least get through a year before people start judging them? lol. It's still in it's infancy. Judge them a year or two down the line.

[just the facts]

Which is a required counter balance for all the Haymon and PBC ass kissing articles this site posts. Makes me wonder if Haymon doesn't own a piece of this site sometimes.

and there he goes again trying to convince BOXING fans that more boxing on network TV is somehow a bad thing

[BoxingLegend89']

Because they love it when a black man fail!

ain't nothing changed from Jack johnson era!!!!

its all the same!!

at least i dont see white people making fun of some1 elses disease like alot of african americans posters do over Freddie's parkinson..... get real hypocrite.

[Eff Pandas]

Who the **** is making money 3 months into a business plan to try to create a UFC of boxing??? I think it took the current owners of the UFC, which might be the most comparable thing to what Haymon is attempting, the better part of a decade to start clearing a profit & that was a largely untapped market. Boxing had mfers making millions on every continent except Antarctica when PBC started.

And some of ya'll dumb mfing momos gloating about this obviously don't realize the most expensive part of a startup is typically the beginning so spending a high percentage early on is standard.

[Eastcoast]

Pretty sure the big chunks is from the time buy, next up is the production costs per show then the fighter purses... then I guess you can throw in the personal jets

Right. It's like no one's heard of start-up costs. And who judges an investment this early anyways...

[deanrw]

I remember reading in some article that a total of 400+ Million was going to be invested to get PBC tuned in by anyone possible.

All of it was was considered startup money. After that they were expected to make money.

I don't really pay attention to that stuff. Eventually they will either float or sink. It is their money on the line, not mine. I just hope for some good boxing while I invest my beer money to enjoy it with.