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

[Scipio2009]

Nice try

Golovkin allegedly made $5 million in the Brook fight alone (http://www.totalsportek.com/boxing/g...-purse-payout/) and is in line to make the same against Jacobs.

Saunders and Eubank would bring the same whilst DeGale is potentially bigger

On the other hand, Canelo's options are GGG and maybe Saunders (for which he would earn a truck-load less)

Canelo can fight Billy Joe Saunders, a Miguel Cotto rematch, Antonio Margarito (over 85k people at Estadio Azteca isn't out of the picture), Chris Eubank Jr, and basically any other world-rated fighter, and still make triple what Golovkin's career high take was.

If given the option, do you honestly think that Eubank Jr or Saunders would pass up the Alvarez fight? lol

[JUNIABOY]

First of all, my $50m figure was the net proceeds on the event, before the promoters see a penny of money. $10m to the promoters of the fight, $10m to Golovkin, $30m to Alvarez.

10/40 is actually a 20/80 split; try checking your math.

Beyond that, if Golvokin can go anywhere and "make a killing", why even bother with Alvarez to begin with?

Alvarez has no belt, Alvarez isn't going to be offering him anymore money, and fighting Alvarez does nothing to get him closer to his stated objective of clearing out the division.

May as well just book the Saunders fight, go ahead and stage Wembley, and sell out the venue since he's such a superstar.

I actually did the research & found that traditionally 55% of the entire income generated goes to the distributor, cable network, & promotions. That leaves 45% of the initial number going to the fighters.

From the b0xinginsider website~ .com/columns/business-of-boxing-how-does-the-pay-per-view-deal-work/

So, using your initial number of 100mil, the fighters get to split 45mil. Now, if GGG had taken that supposed 10mil offer, that would give Canelo 35mil. That's a 22:78 ratio, or 22/78 split. That's still an unfair split. Your numbers are trumped up to make it seem like Canelo isn't running away with it like a bandit. But he would be if GGG's team had accepted such a ridiculous offer. And we're still keeping it in mind that we don't know what percentage of the ppv's was being offered (could be 40%, could be 0.001%). And we're still talking about a fight that's a year away...& we won't know if Canelo will injure himself again when he returns to action in May. Additionally, there has never been any talk of an immediate rematch so GGG can recoup the money he left on the table by taking a low-ball offer. So, just based off of what I said just now, there's no reason for K2 & Loeffler to push for the fight to get signed now. Like I said before, the supposed offer was just DLH's way of taking some of the heat off of Canelo.

The only reason why GGG desires that fight against Canelo is because the fans (or the haters) demand it so much...& they demand it just as passionately when criticizing Canelo. So, it's the fight to make in boxing. Of course, GGG could go in a different direction & make his money other ways. But Canelo's legacy is truly in danger if he never fights GGG because he vacated like a coward. That's why it's more important for GBP to be fair in this light, rather than making ridiculous offers (without giving us full details). The ball is, & always has been, in Canelo's court to make the fight. Your move.

[JUNIABOY]

On Alvarez's worse day, Golovkin is still barely a third of the star that Alvarez is, no matter how you try to look at it.

Until folks like you acknowledge that simple reality, you can move on with your life.

He's a star only in the southwestern part of America, & Mexico. And even true Mexican fight fans don't think very much of him...just look at the comments from existing Mexican legends like JMM. When the guy can go to any other international sites & still bring in viewers, then I will believe he's a star...or if he's bringing in consistently strong numbers on ppv, then he's a star. So far, it appears it's all hype according to the numbers. He can't bring in the viewership unless it's against an actual star. GGG can go fight anywhere & sell it out. He hasn't even fought in his home country in six years!...but his star still continues to rise. If you can't acknowledge that simple reality, you can move on with your life.

See how I turned your own words against you?

[JUNIABOY]

Lance Pugmire has his range currently at 290k-310k, and that was likely before the initial cable numbers were known to anyone. 320k PPV buys isn't out of the realm of possibility.

So you were wrong? Move along then.

[JUNIABOY]

Canelo can fight Billy Joe Saunders, a Miguel Cotto rematch, Antonio Margarito (over 85k people at Estadio Azteca isn't out of the picture), Chris Eubank Jr, and basically any other world-rated fighter, and still make triple what Golovkin's career high take was.

If given the option, do you honestly think that Eubank Jr or Saunders would pass up the Alvarez fight? lol

If Canelo fights one-eyed-past-his-prime Margarito, he'll lose more fans. Cotto probably won't fight him again. And BJS & Eubank Jr just might be perceived as being too dangerous to take on by his promotion company. If you're saying he'll fight any one of those guys, I'd like to see it made. I don't even think Canelo is confident enough to beat either of those MW's. But if this isn't just posturing, make the fight & we'll see.

[Scipio2009]

I actually did the research & found that traditionally 55% of the entire income generated goes to the distributor, cable network, & promotions. That leaves 45% of the initial number going to the fighters.

From the b0xinginsider website~ .com/columns/business-of-boxing-how-does-the-pay-per-view-deal-work/

So, using your initial number of 100mil, the fighters get to split 45mil. Now, if GGG had taken that supposed 10mil offer, that would give Canelo 35mil. That's a 22:78 ratio, or 22/78 split. That's still an unfair split. Your numbers are trumped up to make it seem like Canelo isn't running away with it like a bandit. But he would be if GGG's team had accepted such a ridiculous offer. And we're still keeping it in mind that we don't know what percentage of the ppv's was being offered (could be 40%, could be 0.001%). And we're still talking about a fight that's a year away...& we won't know if Canelo will injure himself again when he returns to action in May. Additionally, there has never been any talk of an immediate rematch so GGG can recoup the money he left on the table by taking a low-ball offer. So, just based off of what I said just now, there's no reason for K2 & Loeffler to push for the fight to get signed now. Like I said before, the supposed offer was just DLH's way of taking some of the heat off of Canelo.

The only reason why GGG desires that fight against Canelo is because the fans (or the haters) demand it so much...& they demand it just as passionately when criticizing Canelo. So, it's the fight to make in boxing. Of course, GGG could go in a different direction & make his money other ways. But Canelo's legacy is truly in danger if he never fights GGG because he vacated like a coward. That's why it's more important for GBP to be fair in this light, rather than making ridiculous offers (without giving us full details). The ball is, & always has been, in Canelo's court to make the fight. Your move.

how is 22/78 to Golovkin unfair? On metric after metric, could you point to a single one where Golovkin adds value.

Whether it's at the gate, in PPV revenue, sponsors, value of international TV. site interest, or any other term that you can think of, (outside of possibly TV rating in Germany) there's nowhere where Alvarez doesn't literally squash Golovkin.

With the business that Golovkin has done, what would actually be a fair split?

With Matchroom Sport having carried the full load for Golovkin-Brook. Golovkin's 4 biggest events are likely the Lemieux fight at MSG [PPV], the two fights at the Forum, and Golovkin's debut in the MSG big room against Geale.

Weigh that against Alvarez's 4 biggest fights (to make things interesting, I'll actively ignore the Cotto and Floyd fights, ever though Alvarez did do his share in driving the business for those fights): vs. Lara[PPV], Angulo[PPV], Khan[PPV], and Kirkland (though the Liam Smith PPV will likely end up being a bigger event).

There's no grounds for giving Golovkin even 10% of the take when you look at the business.

Beyond that, where's this "fan clamor" for the fight? lol. HBO has been trying to talk Golovkin into being a star for four years, and the chase of Canelo is their last best chance at trying to do that. The only reason why HBO could even start their Golovkin-Alvarez spin was because of the WBC being happy to have their belt fought for at 155lbs between Cotto and Alvarez.

Golovkin now has the WBC belt, the reason that he and his camp used to even justify fighting a junior middleweight, and he's still thirsting after the Canelo payday. get over yourself

[Scipio2009]

He's a star only in the southwestern part of America, & Mexico. And even true Mexican fight fans don't think very much of him...just look at the comments from existing Mexican legends like JMM. When the guy can go to any other international sites & still bring in viewers, then I will believe he's a star...or if he's bringing in consistently strong numbers on ppv, then he's a star. So far, it appears it's all hype according to the numbers. He can't bring in the viewership unless it's against an actual star. GGG can go fight anywhere & sell it out. He hasn't even fought in his home country in six years!...but his star still continues to rise. If you can't acknowledge that simple reality, you can move on with your life.

See how I turned your own words against you?

Alvarez has had all of his pro fights in Mexico, Texas, and Nevada (with two fights in California), yet Golden Boy was going to debut Alvarez at MSG's big room, likely at higher ticket prices than what Golovkin-Lemieux ended up doing (without the 2 tickets for $40 nonsense either).

Don't be ******.

[Scipio2009]

If Canelo fights one-eyed-past-his-prime Margarito, he'll lose more fans. Cotto probably won't fight him again. And BJS & Eubank Jr just might be perceived as being too dangerous to take on by his promotion company. If you're saying he'll fight any one of those guys, I'd like to see it made. I don't even think Canelo is confident enough to beat either of those MW's. But if this isn't just posturing, make the fight & we'll see.

If Canelo's first fight back in Mexico, is against another Mexican fighter (who is willing to come and fight for as long as the fight will last), he'll "lose more fans", like how he put 50k people into JerryLand (for a fight that ended up actually being a good scrap).

The Alvarez rematch is still Cotto's biggest possible payday left (even JMM isn't as big a fight), and Canelo has never been a punk (taking on Austin Trout and Erislandy Lara, when literally everyone in his camp wanted him to go elsewhere)