I personally don't think the hangup wasn't that Showtime wasn't cut in; from the way that Michel seems to discuss the package, he doesn't buy the notion that the fight, in the form offered to him by Main Events, would actually end up generating $15m. It seems like Michel sees the Main Events model (staging the fight in an area where neither fighter has been shown to sell tickets, projecting that HBO [after flopping with Golovkin's debut PPV] would be able to triple that number for Stevenson and Kovalev's debut PPV) as doing significantly less than the rosy projections.
If Kovalev-Stevenson only does $1m in Vegas and 150k PPV buys, Michel would've screwed his fighter out of a payday, knowing full well that there were things that he could've done to put more money in everyone's pockets.
If Kovalev-Stevenson only does $1m in Vegas and 150k PPV buys, Michel would've screwed his fighter out of a payday, knowing full well that there were things that he could've done to put more money in everyone's pockets.
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