How much profit does Rocnation get from their boxing events?

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  • deathofaclown
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    #11
    I never understood why people care about how much others make.

    But back to the question, i'd say most of the boxing cards with established fighters operate at a loss, or barely breaking even when they pay all the fighters and overheads but the really big cards profit enough that it pays for the cards that lose money. But those cards that lose money are often there to promote fighters for the big money fights in future, it's all part of the net profit at the end, not just individual cards. Like in all business, you have to speculate to accumulate.

    I'd be surprised if Canelo v Kirkland for instance was that profitable, but it doesn't matter because Canelo v Cotto pays for everything else.

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    • Bruh Bruh
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      #12
      Originally posted by deathofaclown
      I never understood why people care about how much others make.

      But back to the question, i'd say most of the boxing cards with established fighters operate at a loss, or barely breaking even when they pay all the fighters and overheads but the really big cards profit enough that it pays for the cards that lose money. But those cards that lose money are often there to promote fighters for the big money fights in future, it's all part of the net profit at the end, not just individual cards. Like in all business, you have to speculate to accumulate.

      I'd be surprised if Canelo v Kirkland for instance was that profitable, but it doesn't matter because Canelo v Cotto pays for everything else.
      Its retarted to say Canelo vs Kirkland might had not been profitable. 31,000 + in attendance 2.3 million watching at home the most watched HBO card in 9 years. Come one, now PBC cards like Broner vs Porter Garcia vs Guerrero now those are lost profits. The gates are barely half a million lmao and the attendance to are horrible look at the Porter Broner fight, MGG holds 16K+ and only 7K were present.

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      • deathofaclown
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        #13
        Originally posted by Bruh Bruh
        Its retarted to say Canelo vs Kirkland might had not been profitable. 31,000 + in attendance 2.3 million watching at home the most watched HBO card in 9 years. Come one, now PBC cards like Broner vs Porter Garcia vs Guerrero now those are lost profits. The gates are barely half a million lmao and the attendance to are horrible look at the Porter Broner fight, MGG holds 16K+ and only 7K were present.
        That fight had extremely cheap tickets to shift that many. I bet the overheads for that stadium were extremely expensive. Anyway, maybe it wasn't a great example, however i bet it was less profitable than people think.

        But you understand the point i was trying to make anyway that a lot of cards run at a loss or to break even as it's promotion to steer them into a profitable fight in time.

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        • PKing
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          #14
          Originally posted by Bruh Bruh
          Its retarted to say Canelo vs Kirkland might had not been profitable. 31,000 + in attendance 2.3 million watching at home the most watched HBO card in 9 years. Come one, now PBC cards like Broner vs Porter Garcia vs Guerrero now those are lost profits. The gates are barely half a million lmao and the attendance to are horrible look at the Porter Broner fight, MGG holds 16K+ and only 7K were present.
          You do know that whether a fight does 800k viewers or 2.3 milion viewers that the HBO license fee is the same as it has been neogtiated prior.

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          • Eff Pandas
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            #15
            Originally posted by Bruh Bruh
            Its retarted to say Canelo vs Kirkland might had not been profitable. 31,000 + in attendance 2.3 million watching at home the most watched HBO card in 9 years. Come one, now PBC cards like Broner vs Porter Garcia vs Guerrero now those are lost profits. The gates are barely half a million lmao and the attendance to are horrible look at the Porter Broner fight, MGG holds 16K+ and only 7K were present.
            Mike Battah, of Leigh Battah who co-promoted the card, has stated the fight lost money.

            The final, fatal break in the relationship came in May with the Canelo Alvarez-James Kirkland fight on HBO at Minute Maid Park in Houston. The bout was action-packed and drew a crowd in excess of 31,000.

            But it lost big at the box office. Battah, the money man in Leija/Battah, while acknowledging the show finished in the red, declined to divulge numbers. But several sources say the losses reached six figures.

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            • Sugar Adam Ali
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              #16
              Who cares,,, I doubt any of them really make money except for top rank as they have been doing it for decades and probably knows the most cost effective way to make/promote fights

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              • Eff Pandas
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                #17
                Originally posted by R-C
                Who cares? Can we , as boxing fans, just watch boxing and not comment on things that really doesn't matter?

                Is not like we gain anything if a certain promoter or adviser make money or not.
                Its 2016. People talk about money in sports in every sports. I hear people talking about $80M NFL contracts all the time. Call it what you will & don't care about it if it doesn't interest you, but people making money in the sport insures you can "just watch boxing" in the first place.

                And if certain people make money or certain people lose money in boxing (being a open, capitalist market place in a way no notable sport is) can be steered in certain ways. I'd say who's making money in boxing is more important & interesting than in every mainstream sport for that reason.

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                • R-C
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                  #18
                  Originally posted by Eff Pandas
                  Its 2016. People talk about money in sports in every sports. I hear people talking about $80M NFL contracts all the time. Call it what you will & don't care about it if it doesn't interest you, but people making money in the sport insures you can "just watch boxing" in the first place.

                  And if certain people make money or certain people lose money in boxing (being a open, capitalist market place in a way no notable sport is) can be steered in certain ways. I'd say who's making money in boxing is more important & interesting than in every mainstream sport for that reason.
                  I get it if comes to a boxer money, not a promoter. Roc Nation could lose all its money and whoever is under their promotion banner can go fight with other companies and move on.

                  NFL have a salary cap and that's why we always look at player contracts to see if the team is spending their money wisely to become better. I don't think promoters have a salary cap.

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