Comments Thread For: Arum on Crawford-Postol: Anything Over 100K Buys, I'd Be Happy
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lf that's the case any fight can be a PPV fight. Subscriptions to HBO and Showtime are essentially PPV fights because we pay monthly service to watch the fights. Calling something PPV is objective but the consensus amongst fans is that PPV fights are supposed to be between two great/star fighters. This doesn't deliver either. It's a good fight. The people will vote with their wallets.People love saying "this isn't a PPV fight", but I don't think people understand what a PPV fight even is. And its sorta like saying this isn't a movie theater film. Well if the people who are putting on the fight or putting the movie in theaters feel like it'll make more money being on PPV & put in theaters than if it isn't then its a PPV or theater caliber fight or film.
Its not as complicated as people make it out to be. There doesn't need to be a certain number of buys or sales made. There doesn't need to be a certain name value on it. It only needs to be that there are more income than expenses at the end of the day. And in this case if Arum is saying he's happy at 100k my assumption is that gets him breakeven or more likely profitable.Comment
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I'm with you man, it'll be the first one i've bought as well this year. With a matchup like this I have no other choice but to buyComment
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everyone has to pay taxes this makes no sense. thats like saying after fighting berto of floyd's 32 mil Uncle Sam took 40%, he paid his dad a mil and only made about 16-17 mil for himself. there is no way around taxes.$50 per PPV Buy
100,000 Buys = $5,000,000 Revenue from the PPV
+$2 Million for all the sponsorship of the fight, which is very generous (Tecate Etc)
That takes you to $7 Million in Revenue.
10,000 seats @ Average of $200 per seat = $ 2 Million
That takes you to $ 9 Million in Revenue
Comcast, DirecTV, Time Warner etc charge a flat fee of %20 on PPV Buys.
That takes you down to $8 Million dollars.
MGM don't charge for the venue, if they believe that they makes the booking cost $400,000 back. So lets just say that the Venue is free.
$8 Million Dollars to share between HBO, Top Rank, Elite Promotion, Crawford and Postol. Add the sanctioning fee's of the WBC and WBO, and the money to pay the Nevada Commision.
Crawford will be getting $1.5 Million Dollars at max, then add federal and state taxes, leaves Crawford with $800,000.
LOL - Crawford is boxings next superstar, and he is getting paid pennies!
And your ppv numbers are off $50 is for SD its $60 for HD and the cable operators take half right off the top so your numbers even at $50 a pop for 100k leaves top rank with 2.5 which probably is about what the main event costs.
But you forget what they make off the venue. even if the venue isn't paying a site fee which I don't believe they would make money off ticket sales. You also didn't add any foreign tv $ like Box Nation picking this fight up and I am sure Azteca will buy it and so will Eastern Euro countries and Canada. Those aren't all big revenues streams but 50k here 100k there all adds up.Comment
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Idk man. It seems unclear to me & it sounds like some **** Arum couldn't really even know. Plus if its true who's telling him this? Seems like Arum's relationship is more volatile then its ever been with Peter Nelson helming HBO boxing now. And it sounds vaguely like a telling him **** to get him off their backs too like other are mentioning.
And there are rumors that they have a shrinking boxing budget at the network.
But Arum says - "Well, that's not going to last that long with HBO. I've been told and I believe it's just for this year but it gives us the opportunity to break out Terence as a pay-per-view star. So that if we're able to do it with this fight, than it will be something that was not good, that we turned into something that is very good."Comment
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great scrap however not a $50 worth PPV fight! that old greedy SOB should have done this fight for free to make up for the pac/Floyd fraud he orchestrated! is ok i'll catch the re-run a week later for free thanks HBO! HBO latino does the undercards so keep on eye on it.Comment
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I agree, that's why as much as people criticize Haymond, what he is doing with Premier Boxing Champions is impressive. It should be applauded.You're preaching to the choir here. I'm definitely of the opinion HBO is looking to get out of the boxing business or drastically change their boxing structure at some point within the next 5-10yrs, but I'm hoping I'm wrong.
People love saying "this isn't a PPV fight", but I don't think people understand what a PPV fight even is. And its sorta like saying this isn't a movie theater film. Well if the people who are putting on the fight or putting the movie in theaters feel like it'll make more money being on PPV & put in theaters than if it isn't then its a PPV or theater caliber fight or film.
Its not as complicated as people make it out to be. There doesn't need to be a certain number of buys or sales made. There doesn't need to be a certain name value on it. It only needs to be that there are more income than expenses at the end of the day. And in this case if Arum is saying he's happy at 100k my assumption is that gets him breakeven or more likely profitable.Comment
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