Waddell investment down to the last 82M? OUT of (521M)

Collapse
Collapse
  • Time
  • Show
Clear All
new posts
  • Sugar Adam Ali
    Undisputed Champion
    Franchise Champion - 20,000+ posts
    • Apr 2013
    • 27630
    • 970
    • 1,174
    • 82,827

    #531
    Originally posted by PKing
    How would Top Rank or Golden Boy pay these "name guys"?
    By hbo/showtime money.. The premium channels can pay for fights. That's why in the late 80s, all the major fights slowly started getting moved to premium channels or PPv and the TV fights either got cancelled or was horrible cards with no name prospects fighting total bums. That's why over the past 3 decades, boxing overall has slowly eroded in the mainstream.

    Comment

    • aldo5408
      Undisputed Champion
      Super Champion - 5,000-10,000 posts
      • Mar 2012
      • 7589
      • 499
      • 724
      • 16,792

      #532
      Originally posted by PKing
      B-b-b-u-t the guy on Reddit said PBC is done for by April!
      Just wanted to create a discussion that's all

      Comment

      • PKing
        Interim Champion
        • Feb 2016
        • 653
        • 20
        • 0
        • 6,810

        #533
        Originally posted by Sugar Adam Ali
        By hbo/showtime money.. The premium channels can pay for fights. That's why in the late 80s, all the major fights slowly started getting moved to premium channels or PPv and the TV fights either got cancelled or was horrible cards with no name prospects fighting total bums. That's why over the past 3 decades, boxing overall has slowly eroded in the mainstream.
        Yeah but Showtime would still be owned by Haymon and HBO's budget wouldn't grow. Try again...

        Comment

        • Sugar Adam Ali
          Undisputed Champion
          Franchise Champion - 20,000+ posts
          • Apr 2013
          • 27630
          • 970
          • 1,174
          • 82,827

          #534
          Originally posted by PKing
          Yeah but Showtime would still be owned by Haymon and HBO's budget wouldn't grow. Try again...
          What are you talking about... Where the **** did Haymon's fighters fight before pbc???? On showtime and hbo... So if pbc goes under, or doesn't pay the astronomical purses, you will see those same fighters going back to hbo and showtime

          Comment

          • original zero
            Banned
            Platinum Champion - 1,000-5,000 posts
            • Jan 2016
            • 2243
            • 69
            • 1
            • 9,551

            #535
            Adam, out of curiosity, do you have any experience working in the sports or entertainment industries?

            You're telling Al Haymon what he should be doing, but I'm just wondering what your views are based upon.

            If one of Haymon's primary objectives was to make PBC a mainstream sports brand ASAP, to repair some of the damage done by hiding the premier boxing champions behind a paywall for decades, what better way would there be to do that than to put PBC on CBS, NBC, FOX, ABC and ESPN?

            Expensive? Hell yeah.

            But he got someone to put up the money.

            And there's no way PBC would have had a quicker path to mainstream acceptance by only being on one of those networks instead of all five.

            You are correct that there are advantages to just being in one place and I'm sure that will be part of the plan. We're already seeing rumors that PBC may end up exclusive to FOX.

            PBC has been around LESS THAN A YEAR!

            It took UFC nearly TWO DECADES to wind up on FOX. So to suggest that PBC should follow their blueprint misses the point . . . Haymon wanted mainstream acceptance ASAP.

            Comment

            • PKing
              Interim Champion
              • Feb 2016
              • 653
              • 20
              • 0
              • 6,810

              #536
              Originally posted by Sugar Adam Ali
              What are you talking about... Where the **** did Haymon's fighters fight before pbc???? On showtime and hbo... So if pbc goes under, or doesn't pay the astronomical purses, you will see those same fighters going back to hbo and showtime
              Haymon's fighters still fight on PBC networks AND Showtime. If PBC fails, he takes all his fighters to Showtime and releases the guys he cant afford.

              Where will those released guys fight?

              Comment

              • Sugar Adam Ali
                Undisputed Champion
                Franchise Champion - 20,000+ posts
                • Apr 2013
                • 27630
                • 970
                • 1,174
                • 82,827

                #537
                Originally posted by PKing
                Haymon's fighters still fight on PBC networks AND Showtime. If PBC fails, he takes all his fighters to Showtime and releases the guys he cant afford.

                Where will those released guys fight?
                Released guys will probably end up with arum or golden boy and be on hbo..

                Comment

                • PKing
                  Interim Champion
                  • Feb 2016
                  • 653
                  • 20
                  • 0
                  • 6,810

                  #538
                  Originally posted by Sugar Adam Ali
                  Released guys will probably end up with arum or golden boy and be on hbo..
                  And HBO only has 17 dates a year with a budget that is shrinking... so the options are extremely limited.

                  Comment

                  • Mitchell Kane
                    Undisputed Champion
                    Platinum Champion - 1,000-5,000 posts
                    • Mar 2008
                    • 3205
                    • 66
                    • 0
                    • 10,996

                    #539
                    Lance Pugmure takes a look at some of the numbers:

                    Al Haymon, the reclusive manager of boxer Floyd Mayweather Jr., has aggressively been buying TV time to telecast fight cards as part of a daring strategy to revive the sport by tapping into a new, younger audience.


                    Al Haymon is spending to put boxing on TV, but do the numbers add up?

                    A look at 10 major and minor Premier boxing shows staged in California and Nevada last year reveals that promoters paid $19.2 million in purses and state fees for those fight cards, while collecting only $3.9 million from fans at the gate, according to the states' records.

                    For last month's Garcia-Guerrero fight in Los Angeles, the fight card's purse totaled $3.2 million, versus only $508,620 in live-gate ticket sales.

                    Television advertising tracking firm Kantar Media said Premier collected $12.5 million in total ad revenue from 27 fight telecasts from March through September, an average of $462,963 per show. Premier also pocketed some undisclosed license fees from Spike TV for six fight shows telecast during that period.

                    Still, the advertising revenue for the boxing shows is paltry considering the costs, such as Premier's $20-million NBC deal. The ad money also appears to fall short for even lesser time-buy arrangements, like the five CBS Saturday afternoon boxing telecasts in 2015 that cost Premier around $300,000 per hour, according to industry officials
                    Last edited by Mitchell Kane; 02-02-2016, 11:55 PM.

                    Comment

                    • original zero
                      Banned
                      Platinum Champion - 1,000-5,000 posts
                      • Jan 2016
                      • 2243
                      • 69
                      • 1
                      • 9,551

                      #540
                      wait, so they didn't spend 500 million?!? somebody alert dunce

                      Comment

                      Working...
                      TOP