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

[thack]

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?

Frankie that's nearly as bad as Khan's lot , every time you state a fact that they don't like or can't handle they call you racist like you say Frankie 'without looking at all the facts'.

[Robbie Barrett]

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.

But it still made over 3x more at the gate than Lil G's biggest fight.

[Lester Tutor]

$7.4 mill at the gate + 600K PPV (70bucks)... $42million = 47million

Madison Sq. sales Lemieux / GGG = ? + 96k PPV (50bucks)... $4.8 million = total?

[bigdunny1]

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.

Stop embarrassing yourself. In Vegas it's not about selling every ticket it's about max revenue for the tickets you sell. Go look at the list of the top live gates in Vegas history literally damn near NONE on the list sold all their tickets for the arena capacity. Idiot these are high priced tickets and casinos comp these to lure high rollers. These ain't 25 dollar tickets like ggg fights. Lmao

Based on the live gate figure the avg price sold was well over 600 bucks. The live gate for this fight is over 3x GGG career high live gate, hell his last fight with wade they gave away 2 for 1 tickets at 25 bucks. If canelo wanted to give away cheap tickets outside of Vegas just to get the highest attendance he can do that and fill baseball stadiums see his Kirkland fight fight which had over 30k in attendance and live gate of 3.4m. But he more then doubled that live gate with "only 13k" sold tickets and just landed on the list among the highest gates in Vegas history. There is a reason big boys fight in Vegas and little boys fight outside Vegas giving away 2 for 1 tickets at $25. GGG would need about 7 fights with Wade to reach the live gate Canelo/khan fight did in 1 night.

[MC Hammer]

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.

I don't know if it was or wasn't because these guy's purses keep changing with every article as does the amount of PPV's. 7 Million at the door ain't bad, but don't know how much it cost to get the place in the first place.

As far as TR's next ppv shot, that was the only way they could afford to pay both fighters with HBO's dwindling budget. If it was up to HBO every fight would probably be ppv because it brings in outside revenue and eases up on the budget. They probably had a guarantee with Pac and Bradley so they had to put that unnecessary fight together.

[bigdunny1]

Laughing at idiots trying to act like this ain't big money at the gate. Historically there are only about 5 or so people all time who could generate 7.4 mil live gate in Vegas history. And today other then canelo ONLY Floyd can do it. Mannys last fight did only 6.4m in live gate.

[Shadoww702]

God,I bet your mom wishes that she had just swallowed you. Maybe then we wouldn't have to deal with your nonsensical ramblings,and your cancer giving grammar and punctuation. Don't forget to take your medication,and always wear your special helmet when you get on the short bus.

Reading you thinking you know about boxing is 100x worse. And don't be talking sht about ppls mom on a website you fkn COWARD! Be a man. Say sht like that to ppls face. I make more than you and if you think you know more about boxing then I do back that sht up then lil Bi@tch...ohh my bad your Lil Coward...

[Shadoww702]

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.

Theu could of sold another 3k more if they had tickets as low as $25 lil lil g.

[bigdunny1]

Theu could of sold another 3k more if they had tickets as low as $25 lil lil g.

Seriously this dude is a idiot. GGG last fight did a live gate somewhere between 500k-1m when he fought Wade. We don't know the exact figure because they gave away a ton of buy 1 get 1 free tickets and refused to release the live gate figure to the associated press after the fight. But based on the ticket prices not possible for it do more then 1m in ticket sales. Canelo just did 7X that amount in 1 night. It's not about selling the most tickets idiots. It's about generating the MOST revenue and maximizing the money off the tickets you do sell.

It's why I shake my heads when people say Floyd should fight in a football stadium. Why? He can easily sell out a 60k stadium in any city in the US hell Canelo has twice basically sold out baseball stadiums with 30-40k in attendance. But you make more money fighting in small arenas in Vegas. The smaller number of tickets make it more exclusive so you can jack up the prices. And it's Vegas which draws the high rollers to the casinos. Some people just don't get it saying it only sold 13k tickets, yes at over 600 bucks a pop. That's like telling Armani why aren't you selling as many shirts as the cheap department store shirts. If Armani just wanted to increase number of sales they should drop their prices. But that ruins the brand and they are literally selling shirts that are 10-20X the price of the cheap department store making huge money because of it.

[OnePunch]

-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.

be careful. Around here simple math errors / typos are used to impeach your entire credibility lol