GGG wants more money to fight Canelo than Canelo and Cotto got to fight Mayweather

[WombBat]

GGG is delusional....his team is out of touch.

Golovkin must be getting punchy.

$10 mil and 40%...There is nowhere else he can go and make 1/10 of that without Canelo.

He must be really serious about protecting that 0.....and those ribs.

Louffler is pricing himself out

[Scipio2009]

How is the lineal MW champ making a concession by fighting at MW?

Alvarez has never fought above 155lbs, while just having made 154lb this past Saturday.

With no belts on the line, why would Alvarez choose to just fight 5 pounds above the highest weight he's ever fought at?

[big_james10]

Canelo was guaranteed $5 mil and with the PPV upside he got $12 mil. The $12 million was based off the fight doing 2.6 mil PPV's The fight ended up doing 2.2 million PPV's

Richard Schaefer of Golden Boy Promotions speculated that this fight could earn 2.6 million PPV buys

Contracts are filed w/ NSAC. Canelo making $5M on fight night, but it's misleading. Guaranteed WAY more from PPV. I'm told $12M. #TheOne

— Dan Rafael (@danrafaelespn) September 11, 2013

Canelo had fought at a split site on Floyd's undercard. He sold out the Staples center while Floyd fought in Vegas. Then he fought Mosley on Floyd's undercard for Cotto which did 1.5 mil PPV buys. Then he did 14,000 at the MGM Grand against Josesito Lopez. Then he sold out Alamodome fighting Trout where he put 40,000 people in the seats.

Cotto was guaranteed $8 mil with a possiblity of over $10 mil from the PPV upside

There's no need to feel sorry for Puerto Rican boxer Miguel Cotto after his loss to Mayweather Saturday night, especially considering that the 31-year-old will walk away with a guaranteed $8 million, which could potentially increase to $10 million once pay-per-view sales are factored in

Coming into the fight Cotto had did 1.2 mill PPV against Pacquiao and 600k PPV against Margarito II. Cotto had put 22,000 people in the stands at Yankee Stadium against Yuri Foreman. Sold out MGM against Margarito I. He'd done so well that MGM and MSG had a bidding war to bring him back for the Margarito rematch. His MSG gate for the Margarito rematch doubled Golovkin's fight against Lemieux although Lemieux v. Golovkin had slightly more people. And his PPV vs Margarito did 600k compared to Golovkins 150k.


Golovkin wants at least $10 mil and 40% of the PPV. Do you guys see how unreasonable this is now?

If this were true, it would be ridiculous. However, I don't believe Oscar made Golovkin a $10 million plus offer. If this fight ever happens, what will be revealed is that Golovkin will receive a $5 million guarantee for the fight and Alvarez will receive a $7 million guarantee.

[Scipio2009]

Lets just call it 300k for Canelo and 150k GGG. The math is'nt hard to sort out.

70/30 or better and GGG should take the fight imo or its as good as duck as far as I'm concerned.

Anything less than that and its on Canelo and GBP.

Both need each other if they want a huge payday.

That 70/30 makes no account of the 5 pounds beyond his highest weight ever that Alvarez is being expected to fight at.

Those three pounds (with Alvarez's highest weight being 155, and Golovkin's highest weight being 160, 157lbs would be a reasonable place to set the weight) need to be worth something out of Golovkin's camp.

Using Golovkin's own "$1m per pound over" ask from the ChavezJr talks, a 70/30 split (minus $3m of Golovkin's take) wouldn't be unheard of.

[Scipio2009]

70/30 Canelo's favor is the fear deal, GGG is the unified champion.. Anything away from that is a way of ducking.

Alvarez does 3/4x the business that Golovkin does, Mail-delivered belts don't justify **** if the business doesn't make sense.

Line up Canelo's five biggest headlining fights (vs. Smith, vs. Khan, vs. Angulo, vs.Lara, vs. Kirkland), and line up Golovkin's 5 biggest headlining fights (vs. Lemieux, vs. Monroe, vs. Geale, and two other fights), and run the numbers.

Total the business for Alvarez's 5 biggest fights that he headlined, total the business for the 5 biggest fights that Golovkin headlined, and have that comparison be the split.

[GGG Gloveking]

Alvarez has never fought above 155lbs, while just having made 154lb this past Saturday.

With no belts on the line, why would Alvarez choose to just fight 5 pounds above the highest weight he's ever fought at?

155 is the MW division. It's that plain and simple. Hes been a MW for the last 3 years. If we are to believe Mr Alvarez's most recent statement, then he will return to the MW division. When he fought at 154 this past weekend, he was introduced as the current reigning MW lineal champ. Many have argued on this site in the past couple days that the lineal champ is THE champ. If you are contending that he is a JMW, rather than a MW, shouldn't he be stripped of the lineal MW title pursuant to Ring rules? I don't believe in splitting hairs talking about each pound like it's its own weight division. Either he is a MW (160 and below) or he isn't. Which is it?

[Scipio2009]

Mayweather never did pay his opponents very much. That was then and this is now. Khan recently made a reported 14 million to get KOed by Canelo. That makes Oscar's offer of 10 million to GGG to fight Canelo a long long time from now look pretty small. GGG's team wants a simple 60-40 split in Canelo's favor of all money paid to the boxers. That might be high but a 65-35 split in Canelo's favor sounds fair to me. It would mean a lot more money for GGG. Canelo is his biggest money fight but he can do OK without that fight if they don't give him what he is worth.

Khan got the vast majority of his money from being able to sell the UK rights to the fight with BoxNation. To act as if Khan ended up getting a massive share on the fight is laughable (I doubt that Khan's final number even got up to $14m, but that's another conversation).

Give Golovkin the Germany TV right, the EU TV rights, and the UK TV rights and let's see what type of business K2 can drum up for Golovkin.

To simply expect to get even 35% of everything is ******ed.

[Scipio2009]

Wasn't Hopkins and Martinez the champs? And wasn't Oscar and Cotto the smaller guys moving up to challenge? That's not the case here though. We have the champ acting like he's the little guy, if he wants to demand a catch. We got 2 MW champs. How the hell should that be at anything but the MW limit? That's some b itch sh it Canelo is on. How can you sit here and defend b itch sh it? Do you really believe that 2 champs should be fighting at some weak azz catch? Have some pride in the integrity of the sport.

Hopkins gave up weight to Oscar, and Martinez gave up weight to Cotto, so what the heck are you talking about?

[spenz]

They both need to compromise, not to be too greedy. Canelo is not yet on oscar dela hoya, mayweather nor pacquiao's drawing power level when they were at their superstar primes very very very far from it--can't stress it enough. a 60-40 in favor or canelo purse deal all across the board is putting it to maximum stretch. Beyond that, this negotiations is going to fall and golden boy wants to lengthen the negotiation as long as possible anyway. Canelo is very young, GGG will be old enough 2-3 years from now, very ripe for upset. So they are gonna put all the barriers in their to make the negotiations as long as possible. Very floyd-manny like.

[Rysandro]

Lol it's not $10M + 40%, that would be more than Canelo would make. They just want a money split of the PPV and Gate. GBP is offering $10M + a small amount of PPV upside, which would likely go up to maybe 11 or 12M.

K2 just wants a money split. Also they didn't say 40%, they could take 35%.

Ok let's say the revenue for Canelo v GGG is 50% more than the Cotto vs Canelo fight. The revenue for that fight was 58 million, of which Cotto got 15 million and Canelo 5 million. So less than half the revenue went to the fighters!

50% more than 58 million would be 87million. Half of the revenue going towards fighters would leave 43.5 million for Canelo and GGG.

If they split that 43 million 70/30, that would be 30 million for Canelo and 13 million for GGG.

Not much different than the 10 million plus little upside that's apparently on the table