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HBO'S budget in 2016... less than $25 million.

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  • #71
    Originally posted by Mitchell Kane View Post
    I don't think the actual amount hasn't been reported, but Dan Rafael has written that HBO is facing a budget crunch, and that they're supposedly pushing Cotto to have his next fight on PPV so it doesn't eat into their budget.
    I'd believe a budget crunch, but OP saying it's less than $25M, which sounds straight out the ass and people running with it. They reduced their budget a few years back too, I think it was 2012

    As for Cotto, yeah I don't doubt they'd want to do it on PPV. Don't think they'd want to pay the licensing fee for a Cotto fight against Chaves

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    • #72
      Originally posted by Hougigo View Post
      Has a source of any kind been posted yet or OP just say it's $25m?

      I don't feel like sifting through the pages
      Hes like that other lame aldo, they just make it up.

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      • #73
        Originally posted by LeonSpinxMwfpce View Post
        Hes like that other lame aldo, they just make it up.
        It's not lame when it's about pbc to you doe

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        • #74
          Originally posted by mathed View Post
          This is the crux of the matter. Somehow, boxer's compensation got inflated.....not going to throw out names but you know who started that trend, and now it's crushing the sport. This isn't NBA or NFL, boxing doesn't have the same following. An NFL RB makes like 8-10 million a season or whatever and boxers want 2 million per fight, twice a year, even though the sport has 1/1000 the following that NFL does.
          Boxing compensation has been the opposite it has been rather stagnate, especially adjusted for inflation. 1 Million purses for a fight is not all that much money currently and has been paid for decades.

          That is the opposite of inflation.

          The crux of the matter is HBO a long time before the guy you are suggesting paid tons for fight to get boxing controlled by premium networks. They have consistently been pulling back resources which have kept wages roughly the same over a two decade period.

          Takes time and capital to reverse that trend, which hasn't been allowed to happen yet.

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          • #75
            Originally posted by The Gambler1981 View Post
            Boxing compensation has been the opposite it has been rather stagnate, especially adjusted for inflation. 1 Million purses for a fight is not all that much money currently and has been paid for decades.

            That is the opposite of inflation.

            The crux of the matter is HBO a long time before the guy you are suggesting paid tons for fight to get boxing controlled by premium networks. They have consistently been pulling back resources which have kept wages roughly the same over a two decade period.

            Takes time and capital to reverse that trend, which hasn't been allowed to happen yet.
            Is that true? I doubt the likes of Guerrero, Berto, Lara were getting million dollar paydays vs scrubs back then, inflation adjusted. Boxing has been losing relevance with the mainstream for a while though. Now you have way more entertainment options, including guys ready to beat up on each other for way less, in a more viewer friendly format

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            • #76
              Originally posted by HeroBando View Post
              Is that true? I doubt the likes of Guerrero, Berto, Lara were getting million dollar paydays vs scrubs back then, inflation adjusted. Boxing has been losing relevance with the mainstream for a while though. Now you have way more entertainment options, including guys ready to beat up on each other for way less, in a more viewer friendly format
              I would have to do the math but 20 years of inflation is a lot and a million dollars compared to 20 years ago is a lot less. Boxing purses could be up a bit but I don't think boxing purses outside of a few cases are much higher on a whole. If boxing purses shrunk a lot I know boxing purses would be behind inflation.

              Boxing popularity has shrunk, which is the problem with the whole divide the sport is split an an absolute low point which is the worse time for this to be going on. It takes a long time to really come back, once it ends. So hopefully that stops so the sport can start actually moving in the proper direction.

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              • #77
                Originally posted by The Gambler1981 View Post
                I would have to do the math but 20 years of inflation is a lot and a million dollars compared to 20 years ago is a lot less. Boxing purses could be up a bit but I don't think boxing purses outside of a few cases are much higher on a whole. If boxing purses shrunk a lot I know boxing purses would be behind inflation.

                Boxing popularity has shrunk, which is the problem with the whole divide the sport is split an an absolute low point which is the worse time for this to be going on. It takes a long time to really come back, once it ends. So hopefully that stops so the sport can start actually moving in the proper direction.
                I'm not too optimistic. Floyd Pac did a lot of damage too. Exposed a lot of open minded non fans to boxing, and they decided this is not worth my time. IMO PBC was a huge bet on that event reigniting interest in boxing. I bet that's how it was sold to the investors.

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                • #78
                  Originally posted by HeroBando View Post
                  I'm not too optimistic. Floyd Pac did a lot of damage too. Exposed a lot of open minded non fans to boxing, and they decided this is not worth my time. IMO PBC was a huge bet on that event reigniting interest in boxing. I bet that's how it was sold to the investors.
                  Yea, and the fight was so huge financially that getting a group to want to be a part of the next big thing could be done. It is not an easy road though and PBC if it was going to be successful was going to need to be a long term thing.

                  I don't think that fight did all that much damage, but the long term structural issues that have been damaging the sport for a long time have kind of come to a head.

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                  • #79
                    Originally posted by Mitchell Kane View Post
                    I don't think the actual amount hasn't been reported, but Dan Rafael has written that HBO is facing a budget crunch, and that they're supposedly pushing Cotto to have his next fight on PPV so it doesn't eat into their budget.
                    So I'm assuming cotto will fight a name opponent like jmm?

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                    • #80
                      Aren't things for PBC not looking too good either?

                      So not only is PBC in trouble but HBO is too.

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