Comments Thread For: Stevenson Will Take 50-50 on Kovalev, Networks To Bid

[Scipio2009]

Didn't Stevenson ducked Hopkins too? or what was the excuse on that one?

Hopkins wanted 75% of the money to fight in Montreal and Canadian PPV, and Team Stevenson believed the split to be unfair as they were sourcing near all of the revenue.

[////]

stevenson has some special excuse for why he hasn't fought everyone at 175 other than chad dawson

why is it that hopkins, kovalev and pascal all made him "unfair, unjust, unreasonable offers" but signed fights with each other no problem?

[Scipio2009]

If Haymon and Stevenson really thought they could win the fight why would money be an issue??

Because Stevenson is already 38, has no ongoing business with HBO, and Stevenson-Kovalev for all of the belts is arguably the biggest fight that he'll have in his career.

Why would anyone ever short themselves on the money for their biggest possible fight?

[Scipio2009]

fine, so accept bids from all interested parties, and give Duva/Kovalev the option to make up the difference to put the fight on HBO.

For example, say HBO bids $5 million, and PBC bids $6 million, Then Duva/Kovalev pay GYM/Stevenson the extra $500k and the fight goes on HBO.

Problem solved.

lol

HBO isn't going to actually bid on the fight; GYM, Main Events, Hyrunov, or any other interested promoters will place their bid (promoters will bid whatever amount they generally think they'd be likely to cover through their own gate/TV deals and whatever sponsorship money they see coming in, or whatever amount they're willing to risk losing)

To have Duva make the initial bid, to then make a subsequent deal once her bid comes up short, is a bit much.

[saintpat]

They know Kov is signed with HBO and he can't fight in another network. Nice PR move from Team Stevenson

Someone please explain to me what is stopping HBO from investing in its fighter and backing the bid to win it?

A bid creates fair market value - the highest offer wins. If HBO isn't willing to pay fair market value to keep its fighter on its network by making the highest bid, it can waive the right to enforce the contract with Kova for one fight ... HBO has done this before when declining to carry mandatory defenses against fighters it doesn't think are good enough, so we know it can be done.

HBO needs to man up or step down.

[Scipio2009]

This will be the last time superwoman gets a big payday. That's why it's 50/50. He has one belt so he's not supposed to get 50/50. Kovalev has all the belts but his, so Crusher should get way more.

Kovalev is Stevenson's mandatory challenger, so Kovalev is only supposed to get 25% on the purse bid, and not 50% (WBC mandating that Stevenson fight Kovalev changed the terms of the conversation). try again.

[HeroBando]

Someone please explain to me what is stopping HBO from investing in its fighter and backing the bid to win it?

A bid creates fair market value - the highest offer wins. If HBO isn't willing to pay fair market value to keep its fighter on its network by making the highest bid, it can waive the right to enforce the contract with Kova for one fight ... HBO has done this before when declining to carry mandatory defenses against fighters it doesn't think are good enough, so we know it can be done.

HBO needs to man up or step down.

Haymon is playing with pretty much unlimited money, for now. It's like bidding against that Russian that won the Wlad Povetkin bid. At the same time they didnt sign Kovalev to showcase him in mediocre fights, and let him go elsewhere for the most desirable one. So it's just not gonna happen. But there's nothing preventing Stevenson from fighting him on HBO for a career high purse. Other than him wanting to milk his title some more.

[Scipio2009]

Exactly HBO is not dumb and will not let Haymon try to readjust the market. When people say HBO won't pay the purse bid what you mean is HBO will not get into a bidding war with Haymon and pay double to triple more then the fight is actually worth. That's just dumb business. PBC is going to go bankrupt when Haymon runs out of all his investors money. They are losing multimillions every card and getting weak tv ratings are a reward. HBO will be here 10-20 years from now. PBC is not guaranteed to be here after next year with the loses they are occurring.

If PBC goes bankrupt, then they go bankrupt; at least with their philosophy of looking at fights (sans the beef with Roc Nation) a ton of meaningful fights will get made for the simple fact that Haymon wants to see them get made.

Stevenson-Kovalev for a purse of $6m-$7m, for the simple fact that that is what Haymon views control of the fight being worth, Klitscko-Wilder for $10m-$20m, for the simple fact that that is what Haymon views control of the fight being worth, etc.

That Russian billionaire came out of pocket for $25m and no one had an issue with any of it; they didn't think he'd be able to make back his money, but that was how he wanted to spend his money, so no one cried about it.

Why is this any different? HBO thinks a fight is worth $3m; Haymon thinks the fight is worth $5m. Cry about Haymon mis-valuing the fight if you want, but let him worry about making everyone whole and simply enjoy the fight.

[Eff Pandas]

Stevenson next fight is on Spike TV. Exclusive SHO contract lol.

If you think Kovalev actually has an exclusive contract with HBO & HBO couldn't have told Duva to go **** herself with that French cat fight idk what to tell you. It would be horrible business for HBO not to have an opt out option for contracted fighters. Showtime actually uses there opt out option it would appear is the difference.

[Eff Pandas]

Someone please explain to me what is stopping HBO from investing in its fighter and backing the bid to win it?

A bid creates fair market value - the highest offer wins. If HBO isn't willing to pay fair market value to keep its fighter on its network by making the highest bid, it can waive the right to enforce the contract with Kova for one fight ... HBO has done this before when declining to carry mandatory defenses against fighters it doesn't think are good enough, so we know it can be done.

HBO needs to man up or step down.

This whole thing is really as simple as this. Everyone seems to be onboard with making the fight & the only issue is the money the guys will be splitting. If they can't agree with that lets purse bid & the fight happens. HBO pulling this is just some petty I'm taking my ball & going home **** & a hinderance to the sport.