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

[aldo5408]

How are you gimps still arguing?

PBC is as good as dead. These Waddel and Reed people will see the loses, look at the numbers, and they will have already made a decision to can this **** as soon as possible.

YOu can't lose your investors 90% of what was put in and expect to still be backed by them. It's over. Haymon is just terrible as a business man, he messed up bad.

His plan didn't work. But that's not to say he's a bad business man, he made millions from music concerts

[PKing]

His plan didn't work. But that's not to say he's a bad business man, he made millions from music concerts

So far PBC/Haymon gets paid from Showtime, Spike, & Bounce.

He might get a small fee from FS1 as well.

CBS is virtually a lock at the right price point.

I'd say 2018 will likely give us a better timeframe to judge how BIG this will be.

[Eff Pandas]

His plan didn't work. But that's not to say he's a bad business man, he made millions from music concerts

I wouldn't go that far quite yet. Granted this was always a risky plan & still is & could for sure fail, but it hasn't yet & there are all kinds of companies who've had multiple investment rounds. I could easily see PBC get more investors if this Waddell thing sinks with their issues or this war chest get emptied so as always PBC isn't on the way to the graveyard now or in the past dozen or so times people have claimed it deceased.

To me it seems like PBC is doing a bit of a reload with all this Showtime stuff. There were Showtime "PBC" fights imo (unofficially & without PBC branding obviously) going on the whole duration of PBC & it seems like they are doing that now as well on a larger level to garner some extra funds for the PBC war chest. There still seems to be a lot of TV time on deck til the end of 2016 in some cases so they got plenty of time to rebuild or get a big deal with one of these networks.

[PKing]

I wouldn't go that far quite yet. Granted this was always a risky plan & still is & could for sure fail, but it hasn't yet & there are all kinds of companies who've had multiple investment rounds. I could easily see PBC get more investors if this Waddell thing sinks with their issues or this war chest get emptied so as always PBC isn't on the way to the graveyard now or in the past dozen or so times people have claimed it deceased.

To me it seems like PBC is doing a bit of a reload with all this Showtime stuff. There were Showtime "PBC" fights imo (unofficially & without PBC branding obviously) going on the whole duration of PBC & it seems like they are doing that now as well on a larger level to garner some extra funds for the PBC war chest. There still seems to be a lot of TV time on deck til the end of 2016 in some cases so they got plenty of time to rebuild or get a big deal with one of these networks.

Haymon already has deals with Showtime, Spike, & Bounce. How that is a failure compared to the rest of the industry is beyond me... LOL

[Eff Pandas]

Haymon already has deals with Showtime, Spike, & Bounce. How that is a failure compared to the rest of the industry is beyond me... LOL

You aren't right, but you aren't wrong either (at least with Spike & Bounce, idk all the details with Showtime but clearly there is a PBC/Showtime partnership if not a contract in place that more soundly defines that partnership). There is no standard deal where PBC is getting $50M per year to throw fights on any of these networks, nor is there a direct time buy situation going on.

The reality as I've understood it since around summer of last year when more PBC info came out is that these "time buys" are more partnerships where PBC is paying the network & the network is putting up some amount towards the broadcasting of these shows as well. PBC isn't a infomercial. PBC doesn't have a UFC/Fox type deal either.

[PKing]

You aren't right, but you aren't wrong either (at least with Spike & Bounce, idk all the details with Showtime but clearly there is a PBC/Showtime partnership if not a contract in place that more soundly defines that partnership). There is no standard deal where PBC is getting $50M per year to throw fights on any of these networks, nor is there a direct time buy situation going on.

The reality as I've understood it since around summer of last year when more PBC info came out is that these "time buys" are more partnerships where PBC is paying the network & the network is putting up some amount towards the broadcasting of these shows as well. PBC isn't a infomercial. PBC doesn't have a UFC/Fox type deal either.

I said Haymon has those deals, not PBC.

[AddiX]

Uh oh, PBC getting hit on the other side now.

A NY investment fraud Atty compiling claims against Waddell & Reed told me the @premierboxing losses are part of potential class action suit

— Lance Pugmire (@latimespugmire) February 5, 2016

The NY Atty told me these are "mom and pop individual investors, not institutions, damaged by investments," to @premierboxing

— Lance Pugmire (@latimespugmire) February 5, 2016

Little old people be happy to know their 401k's were investing into Jermall Charlo's strip club spree.

I've said for a long time this has been a heist from the beginning, and now the real investigation begins.

Ever since fhe guy that put this deal together left Waddell for PBC it was obvious to me something wrong wss brewing.

Nothing about this business plan made any sense.

They don't even bother to hire someone to be the face of the company.

They never wanted this thing to succeed, they just wanted to spend it all as quick as possible.

[Eff Pandas]

I said Haymon has those deals, not PBC.

Like handshake deals? I've seen nothing to suggest there is any sort of standard TV deal agreement with any of the networks PBC deals via Haymon or PBC to air Haymon or PBC fighters outside of this hybrid time buy type deal that is current in place with these networks (besides Showtime, which I don't think I've seen any details on the nature of that relationship). I'm not even sure what you are suggesting by saying Haymon has deals, outside of PBC it sounds like, with these networks or how that does or doesn't work with this PBC product Haymon is helming.

[PKing]

Like handshake deals? I've seen nothing to suggest there is any sort of standard TV deal agreement with any of the networks PBC deals via Haymon or PBC to air Haymon or PBC fighters outside of this hybrid time buy type deal that is current in place with these networks (besides Showtime, which I don't think I've seen any details on the nature of that relationship). I'm not even sure what you are suggesting by saying Haymon has deals, outside of PBC it sounds like, with these networks or how that does or doesn't work with this PBC product Haymon is helming.

Isn't Spike paying Haymon over $1 million for some events?

[Eff Pandas]

Isn't Spike paying Haymon over $1 million for some events?

Idk the details of what Spike, NBC, Fox, Bounce & anyone I'm forgetting is paying via this hybrid time buy deal with PBC, but yea as I already said I believe all the networks PBC is on is putting forth some amount of money to help air those shows. That is not a standard TV deal is the problem with what you are saying. A standard TV deal is the UFC/Fox deal or deals other sports have with networks. This isn't that type of deal.