Waddell+Reed's PBC investment has lost 59% of it's value.

[Scipio2009]

https://www.reddit.com/r/Boxing/comm...or_q3_results/

This is a massive failure. I don't see how anyone can say otherwise.

Incoming: "Businesses usually lose money Blah blah blah"

Maybe PBC's whole aim was to destroy boxing as it is too politically incorrect.

But anyway, looks like there is no way in hell that they will be able to this money back.

Haymon has seemingly paid for everything on the front end; 3-4 different arena sets, several stage set ups, the TV deals across all of the channels, etc.

Every other costs, from the first show in March though the last show in 2018, is going to be related to the actual event. It's literally no different than paying a year's worth of rent when you move in; your pockets will take the major hit initially, but you do so, knowing that you have no other payments to make going forward.

Haymon has nearly three years now, where he has no major payments to make going forward (revenues from the gate for any event, and the commercials that PBC is able to sell, will simply be offset against the share of costs related to the event that were already paid.

PBC has at least 6 more opportunities to sell tickets and sell commercials to close out the year, before looking at another 2 years of opportunities to sell tickets and commercials (with the TV time already paid for); all in all, you're conservatively looking at another 100 fight cards. lol

[soul_survivor]

The problem with PBC is that boxing just isn't that popular.

You may say putting fighters on regular TV might make the sport grow but it takes a long time to get people who don't follow boxing familiar with the fighters and give them something to be interested in, not to mention the fighters might only appear on PBC once every 6 months.

This is just a different era now, there's not enough really famous names to carry the brand.

Most business investments take a long time to recoup money but i just feel they might be flogging a dead horse with this one.

I mean, i personally don't mind PBC, the more boxing there is, the better for me. I'm just a spectator but i think from a business point of view, it's probably a difficult task.

You probably hit the nail on the head. It would help if PBCs top names were fighting a minimum of 4 times a year, that could help build a brand and bring in new, interested fans. Problem is, their best names will fight twice a year at best.

As a spectator outside the US, PBC doesn't bother me too much, although the lack of meaningful match ups has been a hug problem and will continue to be so.

[US Dirk Killer]

Uhhhhhhh ohhhhhhhhhhhhhhhh

@premierboxing down $314M in first 9 months. $214M left to go.

— Boxing Leaks (@BoxingLeaks) October 29, 2015

@ChiMike702 Main fighter camps will be last to know. Al has already started paying B-sides less. A-sides will stay in protective bubble.

— Boxing Leaks (@BoxingLeaks) October 30, 2015

[RoyJonesJrp4pno1]

With boxing being all year round and not seasonal it's impossible to have a regular time slot on any of the big 4 networks and even ESPN. Now on a network like Spike sure.

I get what you're saying. However there is boxing on CBS on Saturday and Sunday afternoons. ESPN cards are on Saturday nights and Wednesday nights. NBC cards cards are Saturday nights and Saturday afternoons. It's all over the place.

[RoyJonesJrp4pno1]

The problem with PBC is that boxing just isn't that popular.

You may say putting fighters on regular TV might make the sport grow but it takes a long time to get people who don't follow boxing familiar with the fighters and give them something to be interested in, not to mention the fighters might only appear on PBC once every 6 months.

This is just a different era now, there's not enough really famous names to carry the brand.

Most business investments take a long time to recoup money but i just feel they might be flogging a dead horse with this one.

I mean, i personally don't mind PBC, the more boxing there is, the better for me. I'm just a spectator but i think from a business point of view, it's probably a difficult task.

The May-Pac fight shows that boxing can be popular. It needs to be promoted correctly.

[Deevel916]

u do realize the money comes when the time buys are over and they negotiate tv contracts right?

With PBC's lackluster ratings and its struggle to sell commercial time slots, who do u see giving PBC a big money tv contract?

[Pac=Duran]

Still,, point remains,,, there is little difference in matching making between premium channels and free TV Pbc.. Both have good matchmaking about 20% of the time

And the one that is giving the most fights is free... I would much prefer to pay premiums if they were giving me 10 a month as opposed to 1-2.. But now we gotta pay premiums to get 20 fights a year with a 20% chance of good matchmaking, or watch for free 50 fights with a 20% chance of being good matchmaking..

It's over hahahahahaha You gimps can clutch at straws all day if you want. This dross isn't going to be around for another 3 years, believe that.

[deathofaclown]

The May-Pac fight shows that boxing can be popular. It needs to be promoted correctly.

Of course, but they are guys who gained popularity over time and had guys like De La Hoya to fight to put them on the map even more and they are the only two guys who have crossed over to the mainstream in recent years. It's a little different when all you have to work with is the likes of Thurman, Porter, Guerrero etc...who nobody outside of boxing fans know.

PBC may struggle because it takes time to build a brand and their top fighters not being active enough for people to get familiar with. They're already losing money so they may pull the plug before they have time to build it.

Building these things are a long process, especially seeing as boxing can be a slow business. It's no surprise they're losing money. I just think this is a bad day and age for these kind of ventures. Nobody really cares about boxing, i don't care how big the numbers were for Mayweather v Pacquiao, most people bought the event because it was a popular event and a talking point, they weren't buying the actual fight. And the day after, they will have gone back to not giving a damn about boxing, especially when they were disappointed about what they got for their money.

[Pac=Duran]

The May-Pac fight shows that boxing can be popular. It needs to be promoted correctly.

No that fight ruined boxing. So many people tuned in to see a terrible terrible uninspiring fight that should have happened 6 years ago. Pac was pretty much shot and Floyd is known to have been roiding. It was totally unfair, and a joke really.

[Raonic]

What 1 channel can support Haymon's stable, there isn't just 1. Do you think NBC is gonna move college football for boxing, stop with the one channel BS, Arum can barely put his stable on HBO, and that's the "home" of boxing, what channel can fit Haymon's stable?

The point is he's spread it out too thin. You have guys fighting on Wednesday nights or Sunday afternoons when they could be headlining a decent card on a Friday/Saturday night.