Comments Thread For: De La Hoya: If GGG Fight Was Now, Canelo Gets 90-10 Split

[bigdunny1]

Step by step:
1) The RN bonus for Cotto was outside of the purse calculations. The purses, without PPV share were 5m/15m
2) Yes, they took home much more than that. But with 58M of PPV revenue, it's a known fact that HBO takes half right off the top, which leaves them ~30m pot at most. The semi-unknown is international revenue. I'd estimate that to be another 10-20m, with Cotto/Canelo getting a share.
In total, they're probably looking at ~7-10m Canelo purse and ~20 Cotto.
Thus if Cotto/Canelo generated 30m, Canelo/Golovkin will NOT generate 30m.

Ah, but this is what you're missing. Cotto/Canelo was not Canelo's coming out party. That was in 2013 against Floyd. The world already knew who Canelo was when he fought Cotto.

Cotto by himself was a ~300k PPV buys attraction. Canelo by himself is a ~300-400K PPV buys attraction. After being built up together along with the PR vs MEX rivalry, their event did 900k, which was great. Golovkin's PPV had low purses and did 150k. Golovkin/Canelo purses will be based on 400-500k PPV buys to break even.


You were trying to compare Canelo to Floyd, and it's not even close. Canelo's highest base purse was $6M. What you're saying is that now he should get 90% of a $30M purse, which would mean his base purse would be $27M. That's the unrealistic part.

Show me one link that states Cotto's purse on fight night excluded Roc Nation bonus money? Golden Boy said they offered Cotto 10 mil guarantee for the fight numerous times and when the Cotto camp leaked how much he was taking home Golden Boy spoke specifically stating that the split being reported is not that wide and whatever additional money Roc Nation pays Cotto through bonuses and guarantee money they owe him is on them and has nothing to do with Golden Boy or the Contract they signed for this fight. Meaning the fighters signed a contract for a split that was slightly in Cotto's favor. So it works like this there is a large amount of money for both camps Golden Boy and Roc Nation based on that split. Out of that they pay their fighters. Roc Nation gave Cotto a dumb contract that calls for them to take money out their own pocket to pay Cotto. Numerous websites have reported that because how much they signed Cotto to and all the bonus money that they have operated at a loss with Cotto. Listen they overpaid for Cotto to get their foot in the door with boxing taking less of a commission/percent to promote him. Part of that is reflected in the purse Cotto got fight night.

And the money both fighters were guaranteed on fight night is only part of the money they will get paid in total. Manny got double the amount he was guaranteed on fight night to fight Oscar. This is how PPV works if it's successful which Canelo/Cotto was you gonna get paid much more and the total amount takes months to tally up. If it bombs like GGG did you will not. Canelo is making way more then 10mil for the Cotto fight he's got one of the richest TV contracts Mexico has ever seen and none of that goes to Cotto. Pacman made millions off his Philippines TV deal when he fought Oscar and his deal then is nothing compared to the TV deal Canelo has right now.

If you think Canelo vs GGG does only 400-500K PPV buys then your an idiot. Canelo fought Cotto in Nov and beat him and that did 900K. His popularity has risen from that win and he will NOW FIGHT on Mexican Holidays which boost your PPVs and why Floyd chose to fight those dates. Plus they have time to build up this fight with GGG that fight is going to do 1mil PPVs min when it happens. You keep quoting Canelo's PPVs years ago when he was fighting on Showtime NOT HBO! If you can't see the difference in how HBO is pushing and promoting Canelo compared to how he had to take a back seat in Showtime then you are a bigger idiot. Beating Cotto and fighting as the biggest star on the bigger network HBO on Mexican Holidays means he commands bigger purses. Canelo is a bigger star today then he was 2 years ago on Showtime in Mayweathers shadow.

[Bronx2245]

Agreed, except for the part where Canelo doesn't have to make the GGG fight. You in your heart know GGG doesn't want the Canelo fight for the belt, he wants the massive payday that comes with it.

SO he can do exactly what you said, Canelo drops the belt, and GGG gets another regular payday on regular HBO in with another regular 8-1 underdog. Then he gets the belt, but not the payday.

Everybody's got choices!

I hate hearing Oscar talking about he just wants "the best fighting the best." He acts like Floyd and Schaefer wasn't making him millions while he was on 'dat ****! On the other hand, GGG played himself with Ward, and now he's stuck in quicksand! Canelo will drain him and dig in his pockets. He really has no options because Canelo doesn't need that belt to sell, however, without Haymon fighters, Canelo has slim pickins' as well!

[titan m]

You are correct, except for the fact that we know GGG doesn't really want the belt, he wants the big payday, which is fine. The reality is Canelo can make other fights. If he drops the belt GGG gets another regular HBO payday against another low caliber opponent and splits thing 85/15 or more.

This offer doesn't give him the boost in pay but does give him a shot at unification-which his fans claim is his real goal.

OK, if it is then take the deal, make the fight, win the fight, and you have what you (allegedly) want. GGG can not take the deal and hope Canelo makes a deal down the road.

It's a small sacrifice if "unification" is really the goal.

I'm not really sure what you mean, if Canelo gets stripped GGG will end up with his belt and then go on to try and unify the rest, that's what he's been saying he wanted to do. He doesn't even need to fight Canelo to do it if Canelo makes ridiculous demands and lets the belt go. He can have everything he wanted without Canelo, I'm sure he'd rather win the belt in the ring but there's nothing he can do if Canelo doesn't want to fight him.

You might disagree when I say Canelo doesn't want to fight him but that's just the way I see it. The whole 90% thing tells me that and the catch weight for a fight where both guys have middleweight titles. I just can't see how anybody would support that.

If Canelo didn't call himself a middleweight champion and GGG wasn't his mandatory and this was just a fight 2 guys in different divisions wanted to make happen I wouldn't even have an opinion on the weight or the purse split but that's not the case in this situation.

[bigdunny1]

When Cotto fought Martinez he made Martinez go down to a catchweight and take at 1.5mil and a 15/85 split in favor of Cotto. And he was the lineal middleweight champ. When Martinez fought Chavez Jr he had to take 1.5mil and a split 33/66 split in favor of Chavez Jr. Again he was the man at middleweight and true champ. And neither Cotto or Chavez Jr is as big a draw as Canelo is right now! And Martinez was at least the lineal middleweight champ with wins in big fights over P-Will, Pavlik, Chavez Jr. and had been on a successful PPV(unlike GGG). And still Sergio knew if he wanted the big fight with Cotto you have to give in at the negotiation table and that belt he had was very little leverage. Now you fools want to tell me that having mandatory spot is more leverage then the actual belt and we saw how little that helped Sergio.

[BoxingIsGreat]

What was Stevens' split when he fought the boogeyman? 50,000 flat?

[bigdunny1]

Seems like everyone in this thread has completely forgotten Golovkin is mandatory nor understands what that means as far as purse splits go. After their next respective fights GGG can simply force his mandatory position. If oscar offered something like 90/10 (which he won't of course but NSB can keep dreaming), they can turn it down and it goes to a PURSE BID. Because Gennady is a champion, not just a WBC mandatory but a champion, the purse split is something like 60/40. So he doesn't have to make some massive financial sacrifice here, it's not necessary. This thread is completely useless because of a thoughtless comment by Oscar that has no weight behind it or any value whatsoever.

If it goes to purse bid Canelo will dump the belt and you know it. The fight will be on his terms or not at all and no purse bid or mandatory will change that. Here are the options you fight at a catchweight and Canelo demands the lion share of the profits or you fight someone else for less money and get a vacant belt. Then GGG and his fans can debate among themselves why he has no relevant names on his resume and refuses to go up or down in weight despite telling the world he could make 154 but now 155 for Canelo is a no. And why he said he would go up to 168 for a big fight and then get's called out by Ward and asks for a catchweight of 164 because he's the A side and bigger star that's what he told Ward the same thing he's crying about to Canelo. The irony LMAO

[wlliam]

Canelos gotta get past that jab and go to GGGs body early

[Bardock]

Seems like everyone in this thread has completely forgotten Golovkin is mandatory nor understands what that means as far as purse splits go. After their next respective fights GGG can simply force his mandatory position. If oscar offered something like 90/10 (which he won't of course but NSB can keep dreaming), they can turn it down and it goes to a PURSE BID. Because Gennady is a champion, not just a WBC mandatory but a champion, the purse split is something like 60/40. So he doesn't have to make some massive financial sacrifice here, it's not necessary. This thread is completely useless because of a thoughtless comment by Oscar that has no weight behind it or any value whatsoever.

You're the one who has to keep dreaming if you believe GGG will get anything close to 60/40

[Slowhand]

Canelos gotta get past that jab and go to GGGs body early

True, but with Caneloīs led boots itīs never gonna happen.

[OnePunch]

GGG is the mandatory but he wants the belt as much as you want Al Haymon to succeed.

He wants the Canelo payday. If he wanted the belt, he'd take the deal and go after it.

then why on earth did they offer Bilie Hoe Sanders north of $3 million if "they dont care about the belts"?