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

[about.thousands]

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?

FLOYD MAYWEATHER JR vs. ANDRE BERTO
MGM, Mayweather Promotions, PPV 09/12/15 12,947 $10,062,500.00

[The plunger man]

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

There's govenment taxes that have to be paid on gross income for the fight..that's standard ...Khan was due to get 13million if the projected sales were 1 million...it done half the amount as projected....the arena will charge money to host an event not pay out otherwise how can it do business....money was made but it was far from an extravaganza in terms of money made......Oscar was hoping for 2 mil buys and it done a quarter of that

[about.thousands]

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.

The standard breakdown as far as money is concerned is a 10% fee off the top for the distributor, with 45% each for the cable system and the promoter. So when you see a price tag on a fight, you know that the promoter will get about 45% of that. Let’s say a fight is priced at $49.95, which for the sake of simplicity we are going to round up to $50. If it’s HBO PPV that is being used, HBO is not a party that is at risk as far as the fight itself is concerned but will take the 10% fee off the top ($5). The promoter and the cable companies both wind up with $22.50 per “sub” (or subscriber).

-Charles Jay

$70 fee 10% to HBO = $63 for promter and cable company/satellite

45% of $63= $28.35 x 460,000= $13,041,000 + $7,400,000= $20,441,000

Khan $13 mil + Canelo $20 mil = $33 mil

Domestic Television. As noted above, the domestic television fee is a variable based upon the number of pay-per-view homes for the particular event. Assuming a pay-per-view retail price of $39.95, and following deduction of (a) the percentage of such pay-per-view fee to the cable operator (generally 50% of gross goes to the local cable operator although such percentage differs based upon the marketability of the event and the desire of the cable company to possess the ability to sell the event to its local cable subscribers) and (b) the approximate 7.5% distribution fee remitted to the distributor (SET or HBO PPV as discussed above), resulting in approximately $18.50 from each home purchase received by the promoter and comprising the domestic televison fee.

$70 PPV with 50% going to the cable/satellite companies = $45

$45 with 7.5% going to HBO leaves GBP with $33.75 x 460k = $15.5mil

$15.5mil + $7.4 mil gate = $23 mil

Khan $13 mil + Canelo $20 mil = $33 mil

The second model I used is more favorable to GBP but I still don't see where all the extra money is coming from. They would have to make up $10-$13 mil in Mexico/UK rights fees, sponsorships, closed circuit, etc to break even on the purses. To put that in perspective May-Pac had $13 mil in sponsorships and $35 mil in foreign rights fees. In Mexico, TV Azteca and Televisa both bought the rights fees for $2.3 mil total.

I don't think Golden Boy lost money on the fight but I think the reported take home pay for both fighters have been inflated. I think it's closer to $12-$15 mil total take home combined.

[chirorickyp]

Smart pick of opponents to make the most money with the least risk. I'd do the same thing. They are maxed out, there are no semi competitive small opponents so now is the time to fight GGG, the fans will not pay to see anyone else. There is no Marinating. Be a Mexican warrior or be a P ssy

[letsgobrady]

canelo is clearly not the star he is made out to be and comparing his numbers to triple g does not change that canelo drawing power has been extremely exaggerated

[Scipio2009]

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

HBO is unlikely to put up any of the money for support content for the Crawford-Postol fight, so it's not like HBO is risking all that much.

[Scipio2009]

-Charles Jay

$70 fee 10% to HBO = $63 for promter and cable company/satellite

45% of $63= $28.35 x 460,000= $13,041,000 + $7,400,000= $20,441,000

Khan $13 mil + Canelo $20 mil = $33 mil



$70 PPV with 50% going to the cable/satellite companies = $45

$45 with 7.5% going to HBO leaves GBP with $33.75 x 460k = $15.5mil

$15.5mil + $7.4 mil gate = $23 mil

Khan $13 mil + Canelo $20 mil = $33 mil

The second model I used is more favorable to GBP but I still don't see where all the extra money is coming from. They would have to make up $10-$13 mil in Mexico/UK rights fees, sponsorships, closed circuit, etc to break even on the purses. To put that in perspective May-Pac had $13 mil in sponsorships and $35 mil in foreign rights fees. In Mexico, TV Azteca and Televisa both bought the rights fees for $2.3 mil total.

I don't think Golden Boy lost money on the fight but I think the reported take home pay for both fighters have been inflated. I think it's closer to $12-$15 mil total take home combined.

Mexico TV rights, BoxNation payout for the UK rights, sponsors for the event (Tecate going all in on Canelo likely goosed the event number a bit), and the rest of the international TV rights (excluding any type of site fee money that MGM Resorts possibly put behind the event).

There's a lot of money that's going uncounted in this conversation (especially with Canelo Promotions taking 80% of the money in their deal with Golden Boy). The event may not have ended up big enough to reach the full ceiling on the purses, but with things starting from a base of $5m, I don't doubt that the number got near $30m in payouts.

[Jubei]

Ouch only 13k tickets sold?? Biggest star in boxing can't sell out the new arena?? That is embarrassing.

Hopefully it shows Golden Boy that they need to make the GGG fight.

[THEFRESHBRAWLER]

FLOYD MAYWEATHER JR vs. ANDRE BERTO
MGM, Mayweather Promotions, PPV 09/12/15 12,947 $10,062,500.00

LMAO so it made more than Khan Canelo on Cinco de Mayo? The Mexicans love Floyd more than Canelo.

[casheddie]

Canelo is gonna be seliing out his basement if this GGG fight don't happen. This bum can only go so far without a career defining fight.