Iole Article: "Why Top Rank’s Future Is No Sure Thing"

[Luiz]

Kevin Iole is onto something. Somebody close to the action told me recently that the top three at Top Rank are openly at odds.

— Boxing Leaks (@BoxingLeaks) November 4, 2015

[RSBonos]

**** article.

What promoter's future is a sure thing?

I was expecting some sort of news about Top Rank losing money etc, instead it just says that it will be hard to build a superstar...no **** Iole.

[AddiX]

I'm surprised Iole didn't even mention Ken Herschman being gone from HBO.

Top rank may not have the clout at hbo they once did. That were already losing there leverage with Pac on his way out anyway.

They really need Verejo to become the next Cotto. And for whatever reason it doesn't seem like Puerto Ricans are on that bandwagon.

[Scipio2009]

**** article.

What promoter's future is a sure thing?

Would advise you to read the article next time, before simply going off of the headline and coming to a reaction. lol

[Scipio2009]

Idek wtf that article is about. Okay TR doesn't have a replacement for Manny yet, but they got a great roster to fight over that position. Most promoters would be willing to eat out Arum's wife once a week for life for Ramirez, Verdejo, Loma & Crawford on their roster. Hell they'd probably do it for one of those guys.

Top Rank, according to your own count, have four prospects who have varying chances of being a star.

To add in the fact that HBO, the only real outlet that Top Rank has to try and build stars, is not only shrinking their budget, but also opening up said shrinking budget to other promoters, and there's a conversation to be had about Top Rank's future.

Pacquiao, according to what is being said on his behalf, has 1 PPV left before hanging up the gloves.

What does Top Rank's year look like 2016, 2019, and 2021? Hanging your hat on maybe 4-6 horses is a rough way to go, tbh.

[Scipio2009]

This.

Even the "great " Al Haymon is losing money with his multi network PBC venture according to some reports.

Haymon is walking into the future with 40-60 solid prospects, basically the entire 2012 US Olympic team, while also positioned to draw most of the top boxing talent coming out of the 2016 Olympic Games (whether formally with him, or tangentially through one of the promoters that he works with [Matchroom Sport/Sauerlands/GYM/DiBella/etc])

1yr/3yr/5yr/10yr timelines etc, Haymon kick's Top Rank's teeth in.

[Eff Pandas]

Top Rank, according to your own count, have four prospects who have varying chances of being a star.

To add in the fact that HBO, the only real outlet that Top Rank has to try and build stars, is not only shrinking their budget, but also opening up said shrinking budget to other promoters, and there's a conversation to be had about Top Rank's future.

Theres a conversation to be had about everyone's future in a competitive business like boxing. The angle Iole took is a ****ty one. TR has one of the best young rosters in the sport today & the best of the class of 2012. If their future is in doubt 99% of the people in boxing are completely f#cked.

What does Top Rank's year look like 2016, 2019, and 2021? Hanging your hat on maybe 4-6 horses is a rough way to go, tbh.

TR's future could well be darker than its ever been with a HBO relationship that could go south if Peter Nelson takes Hershman's position or due to PBC's impact on the sport, but it ain't got anything to do with the super talented prospects TR has.

[Cinci Champ]

This.

Even the "great " Al Haymon is losing money with his multi network PBC venture according to some reports.

that is by plan tho. they were expecting to lose that money they are spending money and not expecting profits for awhile they dont even expect income until the time buys are done and they can then negotiate contracts with tv similar to ufc deals because the ratings are similar. I dont know why people ignore the business model when they say stuff like pbc is losing money lol no **** they are losing money just look at the model they are using the idea is return on investment which they dont expect to get back for a good 5 years at least

[Mitchell Kane]

TR's future could well be darker than its ever been with a HBO relationship that could go south if Peter Nelson takes Hershman's position or due to PBC's impact on the sport, but it ain't got anything to do with the super talented prospects TR has.

Yeah, it'll be interesting to see how things go with TR and HBO if it's Peter Nelson who gets that role.

It was Nelson who prompted the Arum about "Nelson doesn't have that vision...and I'm not gonna let him screw up our prospects by taking away from us what was our great strength and that's the ability to match-make".

Of course, it was right after those comments that Oscar Valdez got put on HBO on the Bradley-Vargas card.

So who knows.

It'll be interesting to watch it play out.

[deanrw]

It is all about peaks and valleys. Top Rank is in the rebuilding process. They have been in the game so long, they know the sport inside out. Arum though will not be around forever and the true test for them is how to move forward when he passes on. Their current roster is not bad, they can carry on with it. Losing Arum though could make them collapse.