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  • PKing
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    #51
    Originally posted by El-blanco
    That's not what you or the other guy said. You said their collateral is a portion of haymon's management fees. Thats what I'm talking about.
    That is their current collateral obviously on top of their percentage ownership in PBC.

    Nobody is putting up $500 million without a majority stake in the venture.

    Just like UFC... Dana White had the idea, the Fertitas had the money. White got 10%, Fertitas 90%.

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    • PKing
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      #52
      Originally posted by OnePunch
      whats the difference between begging HBO for money or begging Waddell & Reed for money?

      I'll tell you ONE major difference. HBO doesnt expect the promoter to pay them back
      You can't be that ******.

      One major difference is that once PBC is established, the game is over for every other promoter in the US.

      Begging a shrinking pot in HBO with no alternatives is simply dumb vision. I mean seriously... the best Arum could come up with after all these years is just BEGGING?

      No growing of the entire pie? Just ****** begging? It's pathetic and anybody that can't see that is pathetic.

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      • OnePunch
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        #53
        Originally posted by PKing
        That is their current collateral obviously on top of their percentage ownership in PBC.

        Nobody is putting up $500 million without a majority stake in the venture.

        Just like UFC... Dana White had the idea, the Fertitas had the money. White got 10%, Fertitas 90%.
        Waddell owning a large percentage of PBC would certainly explain the lousy valuation the fund just got. With no television content deal, the only tangible "value" PBC has is their cash on hand, the value of the tv time they have already paid for, and a fancy light grid. you cant really subscribe an accurate cash value to the management contracts because due to potential losses or a career ending injury, the future value of those contracts is nothing but speculation.
        Last edited by OnePunch; 03-23-2016, 10:04 PM.

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        • OnePunch
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          #54
          Originally posted by PKing
          You can't be that ******.

          One major difference is that once PBC is established, the game is over for every other promoter in the US.

          Begging a shrinking pot in HBO with no alternatives is simply dumb vision.
          I mean seriously... the best Arum could come up with after all these years is just BEGGING?

          No growing of the entire pie? Just ****** begging? It's pathetic and anybody that can't see that is pathetic.
          I dont necessarily disagree with you on that point. That strategy works if you are only handling a few key fighters (like K2 for example) but a stable the size of Top Rank needs far more dates than HBO can provide. I always felt that Bob should have kept going with those indie Latin Fury ppvs they used to do. I thought those could have been built up into something.......

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          • PKing
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            #55
            Originally posted by OnePunch
            Waddell owning a large percentage of PBC would certainly explain the lousy valuation the fund just got. With no television content deal, the only tangible "value" PBC has is their cash on hand and a fancy light grid. you cant really subscribe an accurate cash value to the management contracts because due to potential losses or a career ending injury, the future value of those contracts is nothing but speculation.
            Exactly... they could have written off a lot of the valuation while still having plenty of cash on hand. You gotta be ******ed to think W&R don't own PBC. Haymon is just the visionary.

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            • El-blanco
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              #56
              Originally posted by PKing
              That is their current collateral obviously on top of their percentage ownership in PBC.

              Nobody is putting up $500 million without a majority stake in the venture.

              Just like UFC... Dana White had the idea, the Fertitas had the money. White got 10%, Fertitas 90%.
              no ****. You're still not understanding what I'm saying.

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              • PKing
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                #57
                Originally posted by OnePunch
                I dont necessarily disagree with you on that point. That strategy works if you are only handling a few key fighters (like K2 for example) but a stable the size of Top Rank needs far more dates than HBO can provide. I always felt that Bob should have kept going with those indie Latin Fury ppvs they used to do. I thought those could have been built up into something.......
                And that's the whole point of PBC in the first place. Haymon's stable is 4X bigger than Top Ranks.

                There's a reason Arum stopped doing those Latin Fury PPVs...

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                • PKing
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                  #58
                  Originally posted by El-blanco
                  no ****. You're still not understanding what I'm saying.
                  What are you attempting to say?

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                  • OnePunch
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                    #59
                    Originally posted by PKing
                    And that's the whole point of PBC in the first place. Haymon's stable is 4X bigger than Top Ranks.

                    There's a reason Arum stopped doing those Latin Fury PPVs...
                    we simply disagree as to whether the concept will work. I do not believe it will. I think he would have had a better shot if he had sat down with Moonves and Espinoza and worked out a CBS/Showtime hybrid package for all PBC content. By running it out on a half-dozen or more networks, with dartboard scheduling, he has diluted the product, and the rating declines since the initial rollout clearly show that. And in the process he has killed the ESPN Friday Night Fights, and ran Showtimes ratings into the ground.

                    in 12-18 months maybe we'll see which one of us is right lol

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                    • PKing
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                      #60
                      Originally posted by OnePunch
                      we simply disagree as to whether the concept will work. I do not believe it will. I think he would have had a better shot if he had sat down with Moonves and Espinoza and worked out a CBS/Showtime hybrid package for all PBC content. By running it out on a half-dozen or more networks, with dartboard scheduling, he has diluted the product, and the rating declines since the initial rollout clearly show that. And in the process he has killed the ESPN Friday Night Fights, and ran Showtimes ratings into the ground.

                      in 12-18 months maybe we'll see which one of us is right lol
                      Showtime has the highest budget it's ever had for boxing. Even if CBS matched that amount, it wouldn't be enough to support 200 fighters.

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