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

[IMDAZED]

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".

You're right, there is a big difference. Call me when they spend OVER $400m with no progress. Because that's the scenario you're referring to.

[The Big Dunn]

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.

ok, but don't those names get a chance to grow and develop as well? I don't believe GGG or Kov started out drawing what they are now.

If wilder beats Wlad, unlikely right now but possible, you never know. Also, PBC can always put on an old school Don King type super card.

My point is Haymon hasn't yet laid all his cards on the table. So we really do not know what is going to happen.

respectfully its like you and others have inflated your expectations to make what is happening worse than it is.

There is definitely some fine tuning that needs to occur, but PBC on ESPN almost tripled the number of viewers ESPN had last May with Wlad.

[-PBP-]

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".

Startups lose money for years before turning a profit. The ultimate goal is to use these platforms to turn the fighters into superstars that can generate revenues and get these investors long term returns on their investment. Superstars aren't created overnight and I'm sure the billion dollar hedge fund that is backing this venture considered all of this stuff in a lot more detail than some random NSB poster.

Simple concept. Invest in a fighter today, build him up to a superstar and they will recover these losses within a handful of megafights years down the road.

The bigger issue more so than the ratings is that PBC desperately needs to build a superstar. What's more concerning than the ratings of this card was the fact that Keith Thurman didn't look to be "that guy".

So there you go. I just gave you PBC detractors the real source of the problem.

[AddiX]

I don't think that's his primary plan though, imo he wants to sign everyone by consistently paying fighters millions. Other fighters see it, want to join Al.

It takes other promoters and channels out of the game, leaving Al in total control of boxing. He will have all the assets.

It's a lot easier to say 2-3 years than it is to actually do it. At some point, millions of dollars lost, investors are going to say, WTF are we accomplishng here?

Haymon just signed Frampton, he's headlining a fight in Texas, he's never even fought in the U.S. And most people here have never even seen him fight.

What is this accomplishing? Nothing, that's what it's accomplishing.

[The Big Dunn]

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



Top Rank have money too. Paying Bradley serious dough.

They do not have the resources PBC does.

[The Big Dunn]

Startups lose money for years before turning a profit. The ultimate goal is to use these platforms to turn the fighters into superstars that can generate revenues and get these investors long term returns on their investment. Superstars aren't created overnight and I'm sure the billion dollar hedge fund that is backing this venture considered all of this stuff in a lot more detail than some random NSB poster.

Simple concept. Invest in a fighter today, build him up to a superstar and they will recover these losses within a handful of megafights years down the road.

The bigger issue more so than the ratings is that PBC desperately needs to build a superstar. What's more concerning than the ratings of this card was the fact that Keith Thurman didn't look to be "that guy".

So there you go. I just gave you PBC detractors the real source of the problem.

I agree Thurman isn't a star, but he more than doubled the number of viewers ESPN got last May with Wlad.

[-PBP-]

It's a lot easier to say 2-3 years than it is to actually do it. At some point, millions of dollars lost, investors are going to say, WTF are we accomplishng here?

Haymon just signed Frampton, he's headlining a fight in Texas, he's never even fought in the U.S. And most people here have never even seen him fight.

What is this accomplishing? Nothing, that's what it's accomplishing.

Millions of dollars of losses is nothing if it goes towards building the next May, Pac, Cotto, Canelo or De La Hoya who can recover those losses in a single fight. That's the risk that goes with investing.

Whether Haymon can build such a star is another story but that's an issue separate and apart from television ratings during the 4th month of the project.

[BWC]

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.

It's a simple idea really. Big capex now, hoping for a large exit event with a major TV deal. It's private equity 101. Think of building a brand name. Amazon wasn't profitable for years and years. They had to build the brand out, prove the concept. Haymon is walking away with a nice TV deal that will dwarf the money he's spending right now

[hitking]

Thurman doing GGG numbers. He the A-side.

[BWC]

It's a lot easier to say 2-3 years than it is to actually do it. At some point, millions of dollars lost, investors are going to say, WTF are we accomplishng here?

Haymon just signed Frampton, he's headlining a fight in Texas, he's never even fought in the U.S. And most people here have never even seen him fight.

What is this accomplishing? Nothing, that's what it's accomplishing.

Building the brand towards a major TV deal. It's expensive to build a brand.