Comments Thread For: Golovkin's Promoter Denies They Rejected Offer For Canelo Fight

[casheddie]

the truuth is that the offer you been denied is actually real, and you hero is pricing him self out of this fight, you can call it what you want, but i know exactly how you will called if it was anybody else.... he is going to let the scared red kid escape without fighting??? he scared doe!!!

Seems like whenever a fighter is doing this to GGG, it's accepted by you and you respect their "worth". Saunders, Quillin, Jacobs, and Canelo are all part of that list.

[NYC8224]

I agree that Canelo brings seats but I'm not gonna act like if GGG fought Brook in Cowboys Stadium that it wouldn't sell out.

And where are the ppv numbers for Canelo-Smith? If they aren't out now then they probably suck.

Do the numbers matter? The whole boxing world knows Canelo fought a bum in Smith and gave his title to GGG, who cares who sells more? Any real boxing fan knows what Canelo did was weak

[Deevel916]

51.5K refute your moronic claims

51.5k what?

[icha]

Seems like whenever a fighter is doing this to GGG, it's accepted by you and you respect their "worth". Saunders, Quillin, Jacobs, and Canelo are all part of that list.

You cant have it both ways, gggs fan base are the ones screaming duck, refer to them..

[JUNIABOY]

How in the hell is a $10m package not a fair deal, when Golovkin's literally never made more than $3m on a fight ever ($2m for the Lemieux fight was the highest disclosed purse for Golovkin, but I'd figure that the Brook pckage was at least $3m)?

If K2 seriously think they're going to stick up Golden Boy for more money, they're being delusional.

Because if the fight even makes a lowball amount of money...say, 70mil (could potentially make 100mil+)...taking 10mil would make him the lower end of a 15/85 split. It's still a bad deal for K2 & GGG. Canelo is not making that big money unless he fights GGG. And Canelo isn't far ahead the A-side to warrant that kind of pitiful split. And I know you're going to want to bring up that GGG would get 10mil plus a percentage of the ppv. But, what's the percentage he's going to get? DLH & GBP hasn't been quite available to release that info. So, not knowing what the 8-figure offer was (could be any number) & not knowing what the percentage was, then it becomes evident that it was a bad deal. And if Loeffler counter-offers with a percentage split (acknowledging that Canelo is the A-side), then the counter-offer is likely more fair than what DLH was talking about. This is why it would be ****** for GGG to take a flat fee. GGG might never get a payday anywhere close to this, that's true. But Canelo can't make that insane amount either without GGG. It's a double-edged sword. If DLH & GBP were truly serious about getting the deal done as soon as possible, a percentage split is the only way to go. This is going to be a world-wide ppv event...it's going to generate tons of money (not just in mexico & southwest America). GGG deserves a fair split as a champion, as a p4p fighter, and as the only remaining opponent for Canelo to make that huge payday (there isn't any opponent out there that is going to generate as much for an event as GGG would for Canelo). So yes, it was a bad deal for GGG...no doubt about that.

[JUNIABOY]

Half the interest?

Are you really trying to run with that? We could say that about any fight, Monroe should have got 50% vs Golovkin because he's half the interest.

Canelo is the bigger draw, he's the PPV fighter, he's the one that sells 50K tickets at double the price of Golovkin fights. $10+ mil is 5x the usual $2mil purse Golovkin gets paid for HBO. Canelo took $5 mil for a the 2nd biggest fight in history. 10+ mil is a fucking fantastic deal for a non-ppv fighter.

I know what you're trying to do, & it's ******. It's sounds like you're being petty about the split. This new offer from DLH was a bad deal for K2...& of course, there's no guarantee that there's going to be a rematch. So, you can't use that he can make it up as the A-side in the rematch...there is no guarantee for a rematch...especially if the result is a KO win for GGG. And GGG is definitely half the interest. You're not making any sense if you don't acknowledge GGG's fanbase & his draw...the guy could literally sell out anywhere in Europe & anywhere in America. So yes, GGG is HALF the interest for the fight. If Canelo was truly the top draw, then that Liam Smith should have done a lot better...being the only fight on Mexican Independence Day...trying to claim the spot that FMj used to inhabit...but in FMJ's prime, he was doing a mil buys every time...Canelo is nowhere near FMJ's drawing power. In essence, fans like you are trying to project FMJ's drawing power unto Canelo because he's simply the top boxing draw today. News flash: not even breaking half-a-mil isn't anywhere close to being FMJ. Canelo is nowhere near the huge A-side to GGG the way you think he is. He's just not. If he was, then the Khan fight & the Smith fight would have both approached a mil buys. But neither did. That's why you are wrong in inferring that GGG just needs to take whatever he's offered. That's bull. We all know that Canelo won't make that huge payday without GGG.

Canelo is the A-side...sure. But not so far ahead as an A-side to warrant offering a take-it-or-leave-it offer that results in an 85/15 purse split. What was the percentage offered if you're going to rebuttal with that? Because that percentage might be anything. It could even be 0.001%. It could mean anything. Arguing monies earned isn't going to change the fact that his Liam Smith fight bombed on ppv...it straight bombed. Yet DLH wants to make a fight that's a year away right now??? Sounds like the tactic of a desperate man.

[Chollo Vista]

Why so much business talk for a fighter in Golovkin who's not a businessman?

[JUNIABOY]

It's not like Alvarez is just going to stand by idly; if the Smith PPV numbers come in over 600k PPV buys (the number that Golden Boy put out for the Khan fight), Alvarez debuts in NYC and does a $2m-$3m gate, and the May 2017 PPV is another box office success (over 600k PPV buys), Alvarez's negotiating position will be that much stronger.

Golovkin has at least 3 fights, between now and the Alvarez date; if he lays out another flop of any kind (the next PPV effort again doing 150k PPV buys, his next US live gate not doing blockbuster business, the HBO viewership numbers collapsing), he comes up bust again.

The $10m package turns to a $5m package pretty quickly.

Numbers are in, buddy...and reports are saying that the Smith fight is registering under 300k buys. That means the event bombed...it failed. While GGG's event with Brook was a huge success. This is why DLH's BS offer looks like the maneuver of a desperate man. GGG's star is rising while Canelo's star is falling. Why the hell would any fighter sign a contract a year in advance when we know GGG will probably fight 2 more times before that date??? Anything could happen in that span. GGG might even become a big enough draw to deserve a 50/50 split...you can't predict the future. DLH was just trying to take some of the heat off of his fighter. The problem is that this tactic didn't work because Loeffler was quick to counter-offer (& the fans were quick to recognize the BS tactic by GBP)...which forced GBP to send Gomez out there & say that they need to get back to the negotiating table. Considering that a GGG/Canelo fight would be a world-wide ppv event, it would be a bad deal for GGG to take the flat offer. At least acknowledge that. If there was an immediate rematch clause attached to that offer, I would be more susceptible to your words. But none of those things were ever mentioned. That makes you some type of a hype man or an apologist for Canelo. Please acknowledge the logic of my narrative.

[Chollo Vista]

Numbers are in, buddy...and reports are saying that the Smith fight is registering under 300k buys. That means the event bombed...it failed.

Let's compare opponents to determine who's the bigger draw and who failed:

- GGG vs Brook vs Canelo vs Khan - What are the numbers?
- GGG vs Lemieux vs Canelo vs Liam Smith - What are the numbers?

[JUNIABOY]

Rumors aside, Sky Box Office was Eddie Hearn's event (with Brits paying to see a Brit take a chance, rather than buying because Golovkin was fighting) and cost cost of the PPV was closer to $35 (compared to the $70 that Alvarez charged for his fight).

Dollar for dollar, Alvarez is a significantly bigger star and draw than Golovkin is; 85/15 or 90/10 Alvarez, if you count the money, is likely about where the split merits being.

Apparently, the rumors were right. HBO has been advised by GBP not to release those numbers. But some good ole fashioned investigative works shows that the Canelo/Smith fight did under 300k ppv buys (looking close to 250k buys). So, this event bombed. Not trying to do a comparison against GGG's event in London makes you look petty. That event was a huge success: sold out in 11 minutes, did 500k ppv buys just in the UK, & drew a ton of viewers on HBO. That is what you call a success. GGG's star is rising. The funny thing is that Canelo contributed to that trend when he vacated & made GGG look that much more intriguing. Look, Loeffler even acknowledges Canelo is the A-side...but he's not so far ahead as an A-side that he warrants an 90/10 or an 85/15 split. Not going to happen. A world-wide ppv event this large deserves a percentage split. Any other way to justify DLH's 8-figure offer is just you being a Canelo apologist or a GGG hater. That's it.