Comments Thread For: Top Rank Sues Al Haymon For Over $100 Million
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Dunno about better businessman. Arum has found a way to make money on boxing promotion for decades, longer than anyone. Haymon is all about burning through someone else's money. That almost brought down HBO boxing, got him kicked out, pretty much destroyed Sho boxing in short order, and has already burned through 140m of investor money with poor results
Beyond that, the channel picked up 3m homes with the Mayweather move ($10 per month, for 12 months generates $120 per home for Showtime/CBS). You add that Showtime is still getting quality fights (also expanding the ShoBox series) with the PBC effort also significantly involving Showtime/CBS, and I don't see what your point is.
note: Haymon has seemingly already paid for the TV contracts on the front end, in addition to the 3-4 different hi-tech arena set up. To act as if any of the money already spent (doubt that the number is $140m) will get spent again is laughable.Comment
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BTW, speaking of SHO, I thought the article below was interesting from earlier this year...perhaps it's why they were giving away SHO to people who bought the Mayweather-Pacquiao PPV...
Starz Rises To No. 2 Pay Cable Network In Subscribers
All major premium cable networks posted subscriber growth in the most recent fourth quarter of 2014, which also featured a different pecking order for the first time in years, with Starz (23.3 million subscribers) edging Showtime (22.8 million) to finish No.2 behind perennial leader HBO (31.4 million).Comment
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You never hear the Association of Boxing Commissions referred to on non-HBO telecasts (FNF, Golden Boy Live, Showtime/Solo Boxeo, et al all, typically, refer to whatever the rules are for the state commission where the fight is held; the rules are generally the same, but differences are noted on these broadcasts that never get noted on HBO).
If I've got it wrong, let me know with some information to look at.Comment
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Chavez Jr-Fonfara was a good fight, and the two Wilder fights were also good fights. To that you can also add the two Mayweather fights for this year. Wilder-Povetkin, depending on how things shake out, could likely end up on Showtime, with Klitschko-Wilder not that far behind that. Heck, if Stevenson-Kovalev ever goes to bid, which I doubt, Showtime would get that fight to (Duva doesn't have the money to compete and we'll see how much money HBO is willing to put behind Sergey Kovalev).
Beyond that, if you like seeing 50/50 fights, the expansion of the ShoBox series gives the boxing fan rather regular 50/50 fights between prospects.Comment
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It was a one-sided beatdown.
Two fights, and if you want to be generous and call Molina a good fight, so be it.
Not on SHO.
Unlikely this year.
Not this year.
Not this year.
Exactly...you're left with ShoBox.Comment
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Showtime will end up taking 7.5% on 5 Mayweather fights (likely $400m in PPV revenue over the five events) and 3.75% off of the $400m brought in on PPV for the Pacquiao fight. After fronting the costs on everything, Showtime will end up putting $40m-$50m back into the Showtime/CBS coffers.
Beyond that, the channel picked up 3m homes with the Mayweather move ($10 per month, for 12 months generates $120 per home for Showtime/CBS). You add that Showtime is still getting quality fights (also expanding the ShoBox series) with the PBC effort also significantly involving Showtime/CBS, and I don't see what your point is.
note: Haymon has seemingly already paid for the TV contracts on the front end, in addition to the 3-4 different hi-tech arena set up. To act as if any of the money already spent (doubt that the number is $140m) will get spent again is laughable.Comment
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You obviously have no idea how banking is supposed to work; you threw out your lark, expecting that no one would bother calling you on the bull****. oh well.
The PBC plan, from what I've been able to surmise is a rather simple one; at/near the end of the time buy phase, some broadcaster(s), seeing the ratings success, will pay a content deal for rights to the PBC broadcasts.
Example: NBC/NBCSN signs PBC to a 7-year, $100m per year content deal, consisting of 50 annual events (12 Saturday primetime telecasts on NBC, 28 Saturday afternoon broadcasts on NBC, 10 broadcasts on NBCSN). Haymon's basically signed a deal that'd bring $700m into the PBC venture, with the likelihood that that number will increase when the signed deal runs it's course, is renegotiated.
$100m for 50 cards, puts the average take per show at $2m. Average cost per show will likely be below that, with PBC pocketing the difference.Comment
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