Comments Thread For: Canelo-Khan Generates Over $7.4 Million in Gross Ticket Sales

[-Kev-]

Nice gate. No hate, but has Golovkin ever broken $1M at the gate?

Those $30 dollar, 50, 80 dollar tickets can't do that

[Scipio2009]

What about that 13 and 20 million talk?

Projections on the take for the fight, from what I can tell; Alvarez and Khan basically took home $5m off of the $7.5m live gate and event sponsors, Alvarez took home the Mexican TV money, Khan took home the UK TV money, HBO/Golden Boy likely took the rest of the international TV rights, and the PPV (from all of the rumors put out, Alvarez-Khan has done about $30m in PPV revenue, putting about $15m into the fight pot).

Add up the pieces, and you get close to the projected payouts on the fight.

[bigdunny1]

something tells me the boxing writers getting paid to bash pbc the ones always letting people know when pbc comps tickets have not said a word about gbp having to comp tickets. Lol i think we all know who im referring too

Dude the casino comping tickets to high rollers to come spend money at their casino in a fight that still sold enough high priced tickets to land on the list among some of the highest grossing live gates alltime in vegas. while pbc comping cheap tickets that they can't even give away for free for fights. They literally give away half the tickets in their fights for free and generate dog crap in live gates that's why they refuse to release the live gate figures to the media. All the fights total by PBC don't equal the amount canelo generated in this one live gate.

http://www.latimes.com/sports/la-sp-al-haymon-boxing-20160203-story.html

"A look at 10 major and minor Premier boxing shows staged in California and Nevada last year reveals that promoters paid $19.2 million in purses and state fees for those fight cards, while collecting only $3.9 million from fans at the gate, according to the states' records."

[Scipio2009]

So in essence this was a success. HBO and Golden Boy turned a profit right?

Does anyone know because I still don't fully get the brake down was the Pac event a success or a failure? I figured it was a success because Top Rank is getting another Pay Per View shot in July.

Golden Boy's downside risk on the fight (fighter guarantees, undercard purses, costs of putting on the event) was likely around $8m before any revenues were considered; Top Rank's downside risk on the Pacquiao fight (Pacquiao's guarantee, Bradley's guarantee, undercard purses, costs of putting on the event) was likely around $30m.

Pacquiao-Bradley, as an event, likely didn't net anywhere near $30m; Alvarez-Khan, even with the PPV rumored numbers being what they are, looks to have easily netted $8m.

[FrankieBruno]

All the black boxing channels like Boxing Ego, Dontaes Boxing Nation etc are calling it a flop

I find it funny how quick they are ready to call a non black event a flop without looking at all the facts

Yet they call Floyd vs Berto a success lol


Racist black youtubers as usual, is it a coincidence they are all Floyd nutthuggers?

[Scipio2009]

Nelo needs lil g

Dollar for dollar, Canelo's PPV event likely easily cleared 5 times the money of Golovkin's PPV event. lol

[Sadiqkingofko]

so 7.4 million in live gate, and somewhere between 450k-600k ppv buys, so lets say 500k ppv buys at 70 dollars a peice (35Mill) thats 42.4 million (promoter takes 50%) 21.2M for Khan and Canelo

[bigdunny1]

so 7.4 million in live gate, and somewhere between 450k-600k ppv buys, so lets say 500k ppv buys at 70 dollars a peice (35Mill) thats 42.4 million (promoter takes 50%) 21.2M for Khan and Canelo

Add to that money from advertisers and sponsors and the money mgm paid to land the fight at their new arena. and international licenses to air the fight in other countries. Everybody made money off this fight.

[LOCOMEX89]

Golden Boy's downside risk on the fight (fighter guarantees, undercard purses, costs of putting on the event) was likely around $8m before any revenues were considered; Top Rank's downside risk on the Pacquiao fight (Pacquiao's guarantee, Bradley's guarantee, undercard purses, costs of putting on the event) was likely around $30m.

Pacquiao-Bradley, as an event, likely didn't net anywhere near $30m; Alvarez-Khan, even with the PPV rumored numbers being what they are, looks to have easily netted $8m.

Wow. So Top Rank and HBO turned no profit. Yet HBO is giving them another Pay Per View slot?? Unbelievable. That makes no sense.

[HanzGruber]

hasn't been updated for this fight but here is where u can find those gates

http://boxing.nv.gov/results/Top_Boxing_Gates/

This fight would rank #2 all-time MMA gates

http://boxing.nv.gov/results/Top_MMA_Gates/

You can lie about the PPV's, sponsoships, tv rights fees, but you can't lie about gates and how much a fighter got paid reported to the commission

Wow didn't think ufc would be so low