Originally posted by Raonic
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Announcement
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No announcement yet.
PBC has TONS of money in the bank
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Originally posted by PK3434 View PostNo proof....Just like there is no proof on basically every statement in this entire forum. However, it is an educated assumption on my part, that whoever was handling the PBC account from Waddell & Reed was not very thorough. I gave one example, but there are many other obvious ones.
And expecting heavy short term losses is not the same as throwing money away...You always try to minimize the expected losses.
Outside of the coming Thurman-Porter card (which is being financed by Showtime for CBS), the fight budgets haven't been outlandish, and basically haven't been outlandish since basically June of Yr 1, the commercials are selling through (on TV time that was purchased well in advanced), and the events are being consistently sponsored by other folks beyond just Corona, lol.
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Originally posted by Humean View PostAre Americans who hate HBO and in love with PBC just plain cheap?
I also hate seeing the fighters I support and follow to get screwed over, taken advantage of and broke. Meldrick Taylor is my second favorite fighter and he's brain damaged and broke.
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Originally posted by bballchump11 View PostI want to see my favorite sport be accessible to the maximum amount of viewers as possible. I'd love for boxing to become mainstream again where I can have a conversation about boxing with my friends and they know what/who I'm talking about. The PBC is the best hope for that at the moment.
I also hate seeing the fighters I support and follow to get screwed over, taken advantage of and broke. Meldrick Taylor is my second favorite fighter and he's brain damaged and broke.
Will PBC stop fighters from getting brain damaged like Meldrick Taylor?
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It's obvious that PBC will get deals with CBS, Bounce, FS1/FOX, and Spike.
The wildcards are ESPN & NBC.
I don't see how they can fail with $700 million in the bank and those deals on the horizon. Especially with HB boxing falling hard budget wise and quality wise.
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The biggest mistake they made was overpaying fighters.
It didn't even make sense. No other promoters/promotion teams were going to pay these guys $500,000 - $1,000,000 to fight a bum. Absolutely ******ed strategy and planning. They want to build name-branded fighters for big fights? They could have done it in a more economically intelligent way. It seems when they scouted fighters out they really couldn't tell:
a) Who was really good or not
b) How good they were in regards to their division
c) Whether or not the fighter was easier to market or not
Absolutely ridiculous.
HBO isn't leaving boxing. Not when they have Canelo (especially Canelo), Golovkin, Sergey Kovalev, and Andre Ward fighting for them.
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