Hauser makes himself look ******...

[GTTofAK]

Recoup in valuation you ******ed donk.

If they plunk $550 million down, in 5 years they have 7 multi-year contracts with 7 different networks with multi-year contracts with sponsors and global TV... yes, their 90% stake will be valued at $550 million worth of equity EASILY.

If you factor in future valuations... way more than $550 million.

Now you have gone to super spin cycle. Remember your OP dumbass. You said they are holding Haymens stake as collateral.

The recoup isn't paid by the value of the held collateral. Its paid by the cash flow.

[PKing]

Now you have gone to super spin cycle. Remember your OP dumbass. You said they are holding Haymens stake as collateral.

The recoup isn't paid by the value of the held collateral. Its paid by the cash flow.

You are ******ed.

W&R own a 90% stake in PBC. Right now PBC is worth NOTHING.

They expect to see a 100% recoup in valuation in 5 years. You'd have to be extremely ****** to believe that cash flow is the recoup they are looking for.

Just extremely ******... like you obviously are.

[bballchump11]

Check the OP they said recoup. 5 year break evens are usually what lenders are looking for. I doubt they would have gotten the loan with a longer window. So dont try and change the ****ing story.

No, I never used the phrase recoup. You must be talking about somebody else. Here's what the investors said

While Caldwell would not discuss funding specifically, he said that Waddell & Reed invested considerably more than Haymon requested in the initial business plan.

“Al said, ‘I think I can pull this off for x,’” Caldwell said. “And I turned around and said ‘Absolutely not. It’s x-plus or we don’t do it.’ You have to be capitalized for three to five years to do this. To weather the storm. Because in some regards you were going to be the irrational player for a while.

http://m.sportsbusinessdaily.com/Journal/Issues/2015/04/20/In-Depth/Main.aspx

They didn't expect to recoup their money in 5 years like I said. They just financed him for 5 years. They'll have to wait longer than that to get a return on investment. Unless they got a very lucrative deal from one or two networks soon like the UFC did.

[Eff Pandas]

Hauser holds grudges according to STeve Kim or Dougie Fischer he sued them or something and took their website domain they said he doesnt play or something like that.

Steve Kim was talking on his podcast about talking to Hauser & Hauser telling Kim he was gonna love part 5 of this series & why he goes with it. So he can't hold that much of a grudge if they are talking now. Just from his previous anti-HBO stance to his pro-HBO when they hired him stance I've always assumed he's a guy who is pretty fluid in his allegiances.

His part 3 of the Haymon articles is really telling. He gives a bunch of 3rd person quotes and articles and just throws his opinion on top of that. He literally gets a quote from Schafer saying how it is impossible to burn through $400 million in 1 year on boxing and how the devaluation of the PBC isn't from them spending all that cash. With that being his only source, Hauser concludes that it is clear that the PBC is hemorrhaging money despite his only expert saying otherwise.

I was looking forward to his piece, but he isn't bringing really anything new. The only new parts are his biased opinion. Then he compared the PBC's numbers to that of Ninja Warrior which drew 6 million viewers as proof it is not getting good ratings. How about he compares it to the NBA and MLB that having similar ratings? The MLB averaged 2-3 million viewers on FOX.

True dat. He's very selective in his stats & he inserts his opinion far too much in so called "investigative journalism". He's for sure a hack writer. His agenda is always easily seen & understood in anything he writes. Quality writers can make you think you are coming to the conclusion they want you to come to. I will say I thought he was moving in an interesting direction in part 2 after a lackluster part 1, but he went right back to lackluster in part 3. Its really amazing how little he's actually delving into many facts with a critical eye. He's a guy who's made a decision & is writing in a way to get to his already decided destination. Respect to him doe, he obviously knows what people wanna read & writes about it & he's probably getting more hits than Fat Dan this week.

Hauser is not a quality writer! He is a lazy, biased hack who takes whatever a promoter is willing to give him as fact -- just like 90 percent of the other boxing writers. As a former journalist, I know what an investigative piece SHOULD look like. No editor worth his salt would allow a writer to write an investigative story when that writer has a built-in bias like Hauser.

We will never see an unbiased, legitimate investigative story written by a boxing writer because none of them are neutral and unbiased. They all rely on promoters, managers and boxers to get their information, their press credentials (aka free tickets to big fights) and all the free food, drinks and gifts that come with a major fight promotion.

100%. The USADA/Mayweather article is one of the hackiest pieces I've seen. And its lazy. Anyone who follows boxing news can see he basically expounded upon an article Kevin Iole wrote within weeks of Floyd vs Manny & made one phone call to a NSAC commission member + did a ton of speculation & thats his investigative journalism for that article. And people act like he did some 1980's Geraldo Rivera type ****.

[bballchump11]

Sorry but no. They should be at or very close to positive cash flow by now. The initial big money has been sunk and the cards should be generating positive cash flow. They are not.

They're not opening up a new bar or a McDonalds. This is a huge boxing league being put on with expensive time buys during primetime. Just look at the investor's quotes. There is no way they expected to make any profit in year 2 of the PBC or have positive operating cashflows.

[El-blanco]

Haymon founded Bounce.

Spike has been wanting to invest in boxing and is now doing so.

NBC was already putting on boxing with Main Events and now just needs to see the figures to invest more.

CBS is a parent to Showtime who already invests close to $30 million in boxing.

What else?

That still doesn't translate to what you're talking about. They are two drastically different situations. You keep calling other posters idiots because theyre skeptical meanwhile you keep spouting off these grand plans with little to no evidence. It's quite amusing to observe.

[DeadLikeMe]

Sorry but no. They should be at or very close to positive cash flow by now. The initial big money has been sunk and the cards should be generating positive cash flow. They are not.

::he typed furiously, sitting in the netcafe::

[Rich2123]

Spike, CBS, Bounce, & NBC are virtual locks as it is dude.

The only wildcards are really FOX and ESPN.

Really? I think Spike is a lock, though how much money they want to/ are able to put out could be limited, and Bounce would likely only put in for the small cards they have been getting. Those small cards are important, but they are not real money makers.

I am certainly not a tv programming expert or anything, but the best thing for the PBC is for it to be on one channel, or failing that, one networks channels (like the way UFC goes from Fox to Fox Sports 1)

I have seen nothing that makes me see NBC as a "lock'. They've done worse ratings each Prime time show, they (seem to) have ditched the daytime cards and NBCSN cards that were in the original contract. Maybe they do end up going with PBC, but I haven't heard anything and I can't imagine they'd be thrilled to pay much for it.

The PBC said they were going to do monthly shows on ESPN, and they are going to go from November until (at least) June before there next one. An ESPN contract is not happening.

[PKing]

Really? I think Spike is a lock, though how much money they want to/ are able to put out could be limited, and Bounce would likely only put in for the small cards they have been getting. Those small cards are important, but they are not real money makers.

I am certainly not a tv programming expert or anything, but the best thing for the PBC is for it to be on one channel, or failing that, one networks channels (like the way UFC goes from Fox to Fox Sports 1)

I have seen nothing that makes me see NBC as a "lock'. They've done worse ratings each Prime time show, they (seem to) have ditched the daytime cards and NBCSN cards that were in the original contract. Maybe they do end up going with PBC, but I haven't heard anything and I can't imagine they'd be thrilled to pay much for it.

The PBC said they were going to do monthly shows on ESPN, and they are going to go from November until (at least) June before there next one. An ESPN contract is not happening.

NBC was already putting up $150k for Main Events shows. PBC will be looking for a premium up from that but boxing isnt going away from NBC thats for sure.

The only question is the amount.

One channel isnt big enough for PBC.

[Rich2123]

NBC was already putting up $150k for Main Events shows. PBC will be looking for a premium up from that but boxing isnt going away from NBC thats for sure.

The only question is the amount.

One channel isnt big enough for PBC.

Maybe, but lets say they triple what they paid Main Events, hell, lets say they pay ten times what they paid Main Events, that's still not going to come close to covering the big shows.

Boxing is certainly not a cornerstone of NBCs programming. They would live without it just fine.