Comments Thread For: PBC on ESPN Averages 799K Viewers, Peaks at 1.1 Million

[IMDAZED]

Yeah, you really had to be a diehard, no life having boxing aficionado to tune into FNF every week on a friday night.

PBC cards are definitely better but the business model just doesnt make sense. How long can Haymon and his investors keep sustaining losses before they have to close up shop? I dont think he has had even one profitable card thus far and is losing millions on each one.

You're totally missing the point of this "business model." There is no way the investors intended to make a profit off their initial investment.

[youbeight]

You're totally missing the point of this "business model." There is no way the investors intended to make a profit off their initial investment.

i doubt PBC makes money for the first two years, its after the two years if they've got enough marketable names out there for people to tune into to if they'll be around. building around Thurman is a good start. but they also need to learn how to build the young talent they've got already.

[The Big Dunn]

Yeah, you really had to be a diehard, no life having boxing aficionado to tune into FNF every week on a friday night.

PBC cards are definitely better but the business model just doesnt make sense. How long can Haymon and his investors keep sustaining losses before they have to close up shop? I dont think he has had even one profitable card thus far and is losing millions on each one.

While I understand your point, how can you say the model doesn't make sense when the model has only been in effect 6 months and has not included Floyd or Wilder, nor has it featured the best matchups?

Which is wiser IYO build to something or "shoot your load" immediately for short term return?

[bigdunny1]

FNF was a cheap vehicle for prospects and unknown fighters. Guys lucky if they made 50k. Low purses. PBC just spent 7 figures for Thurman alone. Way more expensive for slightly better TV ratings. And very disturbing to get such bad ratings for a guy they are grooming as the next ppv star in boxing and one of the biggest names who has fought for PBC so far. PBC is losing money at a alarming rate. Bad ratings and no tv sponsors to help recoup the loses

[youbeight]

Serious question: Would Keith Thurman be a bigger star if he had been with Top Rank / HBO the past 3 years instead of with Al?

Doubtful to me

[Deevel916]

While I understand your point, how can you say the model doesn't make sense when the model has only been in effect 6 months and has not included Floyd or Wilder, nor has it featured the best matchups?

Which is wiser IYO build to something or "shoot your load" immediately for short term return?

Once Floyd is gone I dont see any names in Haymons roster that would propel PBC to new heights. Not to mention Floyd doesnt even fight on PBC. You can only recycle fighters like Danny Garcia, Amir Khan, Keith Thurman but only so many times before it becomes stale. Wilder could draw some interest depending on who he fights.

Haymon has a very large stable of fighters but less than a handful have name recognition and are known amongst casuals.

[bigdunny1]

PBC investors thought they would lose money at first but I highly doubt they thought ratings would this bad, that they would have no tv sponsors and that they would lose this much money every fight card and now are linked to multi million dollar lawsuits. The PBC BRAND is not growing it's actually getting more criticsm and worse ratings as time goes by. The business model can't sustain this for very long.

[Deevel916]

You're totally missing the point of this "business model." There is no way the investors intended to make a profit off their initial investment.

There's a big difference between not turning a profit, breaking even, and literally losing millions upon millions with each card. Even the most savvy of businessmen would not let this carry on for long before saying...."you know what, it was worth a shot but its time to stop the bleeding".

[Weebler I]

He's losing a future, he can't be realistically expected to hand this kind of money out for tv time and fighter fees forever.

Eventually this all ends.

He spent 2 mill on fighters for his last event.
Probably spend in millions for the tv time.
Also spent $ marketing this, and producing it.

It's a major financial loss, this is going to end quicker than people think, especially if the l ratings keep up.

2-3 years is what the Waddell & Reed representative said, that's enough time in which to take over.

What would also be different is that Thurman wouldn't be making nearly as much money given HBO's reduced budget.

Top Rank have money too. Paying Bradley serious dough.

[Barcham]

i doubt PBC makes money for the first two years, its after the two years if they've got enough marketable names out there for people to tune into to if they'll be around. building around Thurman is a good start. but they also need to learn how to build the young talent they've got already.

It will take PBC about 10 years just to recoup the losses they will take in the first two years. Then after that has happened, they may start to earn a small profit. If anyone thinks that people who have the kind of money to invest in this type of venture do it with the expectation of not turning a profit for at least ten years, you are delusional. Putting the money in a basic interest bearing account even at 0.5% would bring in more profit. There are many more ways to turn a profit much quicker than this poorly thought out enterprise.

I do not see PBC lasting past the initial investment money which the investors will end up writing up as a tax loss. They would get a better return giving the money away to various charitable causes instead.