Wade/Golovkin Purse

[The Big Dunn]

I know, right? Hypocrites the lot of em.

I just wonder if this is a universal theory or one that applies only to certain fighters and certain promoters.

[DreamerUSA]

It can't only be a problem in certain instances and not others. If high payments for mismatches is a disincentive to take on tough fights, then it must be for GGG as well since he, just like the fighters I mentioned, is in the same situation.

Fair point-but the undercard is also very expensive. If they sell 16k tickets the average ticket price has to be about $180 to cover the purses ($2,875,000) for the main and semi main. You know the avg price by any chance?

It most certainly can be different. If GGG fighting a bum generates revenue of 2.5 million but him fighting a top guy generates 5 million than there is no problem. The problem with some of Al's guys is they are getting paid like they are putting 16k ass' in seats, but are'nt. So when they actually get to an opponent that will justify them making 1.5-2 million they want 3-5 million but the money simply is'nt there. What GGG is doing is'nt going to **** block a fight from being made because of money.


As for the average, I have no clue. I think the nosebleeds were like 30-60 and floor seats were in the 400 range.

[Mitchell Kane]

HBO has so much money invested in so few fighters.

Not sure this is good for them, now or especially long-term.

But, on the potentially positive side...if HBO is willing to pay $2 million for Golovkin to fight a guy like Wade, they should be invested enough in him to really apply pressure on Canelo/GBP to make that fight.

[The Big Dunn]

It most certainly can be different. If GGG fighting a bum generates revenue of 2.5 million but him fighting a top guy generates 5 million than there is no problem. The problem with some of Al's guys is they are getting paid like they are putting 16k ass' in seats, but are'nt. So when they actually get to an opponent that will justify them making 1.5-2 million they want 3-5 million but the money simply is'nt there. What GGG is doing is'nt going to **** block a fight from being made because of money.


As for the average, I have no clue. I think the nosebleeds were like 30-60 and floor seats were in the 400 range.

If al covers the losses the same way K2 does, it shouldn't matter.

Yes, the fighters want bigger money for bigger fights, GGG is no different. Maybe that's what drove the Lemuiex fight to PPV?

I am not saying you are wrong, I just think the same thing has to apply here since promoter have to offset the losses in both situations (obviously I assume the HBO losses are much lower).

edit-I saw they added a ton of $30 seats like 3 weeks ago. Those sell fast but mean the promoter is taking a loss. IMO AL needs to do stuff like this-offer very cheap seats so at least the atmosphere is solid and the crowd looks packed on TV.

[soul_survivor]

This is the problem with boxing economics (if these numbers are to be believed), GGG is getting paid 2 million to simply fight a guy who is a journeyman/fringe contender at best.

Haven't they learned their lessons from Jones and Mayweather?

[Irony123]

ok. there in lies the point.

If the card will not sell enough to cover the purses and that underage is covered by HBO, is there a disincentive for GGG to fight better comp like posters say there is for other fighters?

i dont think so unless he is happy with the purse he gets and doesn't care to grow his brand. Based on everything i've seen from GGG i dont think he gets overpaid because he works hard year round in the gym even if he is fighting weak mandatory he still does his time, he goes to events, he does everything he needs to do to grow his brand with the exception of getting the marquee names, however i think most can agree that he tries to get big names in his division and has shown interest to move up for big name fights (Chavez and Froch at the time)... now his promoter is showing interest in fights that aren't as big at 168 (like Ramirez or Degale) because there is the very realistic outcome of him not getting the two other champions...

I think the definition of overpaid is getting paid more than you are worth... i dont see people tuning in to see GGG fight forever if he keeps fighting over-matched mandatory for the rest of his career. His stock will drop even if he is winning and his purse will decrease a long with it, just as it should. That's why i think most people feel that Al Haymons strategy was bad for boxing because he would overpay fighters too much for cards that not many tuned in and would take loses while at the same time create an expectation that you can get paid well beyond what you are worth and in turn fight (non mandatory) horrible opposition

[The Big Dunn]

i dont think so unless he is happy with the purse he gets and doesn't care to grow his brand. Based on everything i've seen from GGG i dont think he gets overpaid because he works hard year round in the gym even if he is fighting weak mandatory he still does his time, he goes to events, he does everything he needs to do to grow his brand with the exception of getting the marquee names, however i think most can agree that he tries to get big names in his division and has shown interest to move up for big name fights (Chavez and Froch at the time)... now his promoter is showing interest in fights that aren't as big at 168 (like Ramirez or Degale) because there is the very realistic outcome of him not getting the two other champions...

I think the definition of overpaid is getting paid more than you are worth... i dont see people tuning in to see GGG fight forever if he keeps fighting over-matched mandatory for the rest of his career. His stock will drop even if he is winning and his purse will decrease a long with it, just as it should. That's why i think most people feel that Al Haymons strategy was bad for boxing because he would overpay fighters too much for cards that not many tuned in and would take loses while at the same time create an expectation that you can get paid well beyond what you are worth and in turn fight (non mandatory) horrible opposition

OK you make good points but they are not all related to the topic at hand.

I think its safe to say that whether its GGG, Thurman or whomever, if you can get a big payday for little work you are going to go after those fights more aggressively then you would a tougher opponent.

I wonder if GGG's $2 mil purses makes it difficult to make better fights?

[Irony123]

OK you make good points but they are not all related to the topic at hand.

I think its safe to say that whether its GGG, Thurman or whomever, if you can get a big payday for little work you are going to go after those fights more aggressively then you would a tougher opponent.

I wonder if GGG's $2 mil purses makes it difficult to make better fights?

it could be the case, i guess my point is... does he want to get bigger pay days? if yes then it would be easy to make the bigger fights. if he is happy with 2 million or less and he doesn't care about being the best in his division then I would imagine that it would be harder to make the tougher better fights. Especially if we are going to consider 1 division north of his weight.

[OnePunch]

OK you make good points but they are not all related to the topic at hand.

I think its safe to say that whether its GGG, Thurman or whomever, if you can get a big payday for little work you are going to go after those fights more aggressively then you would a tougher opponent.

I wonder if GGG's $2 mil purses makes it difficult to make better fights?

it doesnt even matter which fighter you are talking about, the standard is the same. If the promoter lost money, the fighter was overpaid.

Plain and simple.

[DreamerUSA]

If al covers the losses the same way K2 does, it shouldn't matter.

Yes, the fighters want bigger money for bigger fights, GGG is no different. Maybe that's what drove the Lemuiex fight to PPV?

I am not saying you are wrong, I just think the same thing has to apply here since promoter have to offset the losses in both situations (obviously I assume the HBO losses are much lower).

Well its apparent Al has been covering losses up to this point, but with the money dwindleing down, that ship is quickly sailing away. Also you assume that K2 is losing money on this fight when there is no reason to believe they are. While the old addage goes that you have to spend money to make money. Eventually you do have to start making money. These promoters/managers are'nt a central bank that can print money at will.

Never said that GGG does'nt want more money for bigger fights. The difference is that from what we can see, GGG is actually generating the revenue to justify more money.