Comments Thread For: Golden Boy Prez: Canelo Has One Goal - To Fight Golovkin!
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For all the ggg fans saying Canelo offered ggg peanuts let me break it down as simple as possible.
Let's do Simple Math. Ggg will Stand to make $15-20 million after its all said and done. I'll make it easier for you. Against mayweather, Canelo made $5 million vs mayweathers $40 million. That means they made a combined $45 million which came out to Canelo 11% and mayweather 89% with Canelo bringing 2 JMW belts to the table. This fight also sold 2.1 million ppv's which was the highest sold ppv at the time. Next example: Canelo vs cotto- Canelo made $5 million vs cottos $15 million for a combined $20 million. Do the math. Canelo made 25% and cotto 75%. Are you still with me? Present day Canelo vs ggg. Ggg will make $15-$20 million vs Canelos $30-$40 million. This is all depends on how good the ppv sells. Let's do the math. Let's go low end (ggg) vs high end (canelo). If Canelo makes $40 million and ggg makes $15 million that's a combined total of $55 million. Ggg makes 27% and Canelo makes 73 %. Now let's look at GGG's high end vs Canelos low end. If ggg makes $20 million and Canelo makes $30 million that's a combined $50 million. Ggg gets 40% and Canelo gets 60%. Still following?! Now let's look at both fighters high end. If ggg gets $20 million and Canelo gets $40 million that's $60 million. Ggg gets 33% and Canelo gets 67%. This is as simple as I can explain it so you and every ggg fan can understand. 8 figures does not mean 2,3,4,5,6,7,8,or 9 million. It means a guaranteed at least $10 million right of the back plus a ppv percentage. Canelo took a guaranteed $5 million for cotto and mayweather. He's offering ggg at least double that for a fight that's not guaranteed to sell 2 million ppv's
bookmarked !
so I can remind the fanboys tomorrow, after they choose to ignore it todayComment
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For all the ggg fans saying Canelo offered ggg peanuts let me break it down as simple as possible.
Let's do Simple Math. Ggg will Stand to make $15-20 million after its all said and done. I'll make it easier for you. Against mayweather, Canelo made $5 million vs mayweathers $40 million. That means they made a combined $45 million which came out to Canelo 11% and mayweather 89% with Canelo bringing 2 JMW belts to the table. This fight also sold 2.1 million ppv's which was the highest sold ppv at the time. Next example: Canelo vs cotto- Canelo made $5 million vs cottos $15 million for a combined $20 million. Do the math. Canelo made 25% and cotto 75%. Are you still with me? Present day Canelo vs ggg. Ggg will make $15-$20 million vs Canelos $30-$40 million. This is all depends on how good the ppv sells. Let's do the math. Let's go low end (ggg) vs high end (canelo). If Canelo makes $40 million and ggg makes $15 million that's a combined total of $55 million. Ggg makes 27% and Canelo makes 73 %. Now let's look at GGG's high end vs Canelos low end. If ggg makes $20 million and Canelo makes $30 million that's a combined $50 million. Ggg gets 40% and Canelo gets 60%. Still following?! Now let's look at both fighters high end. If ggg gets $20 million and Canelo gets $40 million that's $60 million. Ggg gets 33% and Canelo gets 67%. This is as simple as I can explain it so you and every ggg fan can understand. 8 figures does not mean 2,3,4,5,6,7,8,or 9 million. It means a guaranteed at least $10 million right of the back plus a ppv percentage. Canelo took a guaranteed $5 million for cotto and mayweather. He's offering ggg at least double that for a fight that's not guaranteed to sell 2 million ppv's
GGG gets 10M and Canelo 50M. GGG gets 17% to Canelo 83%. And if fight makes around 100M, it will be even worse for GGG.
So it is a smart business decision not to take such low-ball offer.Comment
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LMAO, the tards are getting a right education todayComment
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As I understood, GGG was offered 10M $, NO PPV percentage. So GGG gets flat fee no matter how much fight gathers. "Upside" is not a PPV percentage.
GGG gets 10M and Canelo 50M. GGG gets 17% to Canelo 83%. And if fight makes around 100M, it will be even worse for GGG.
So it is a smart business decision not to take such low-ball offer.
Immediately after accusing Canelo of being a businessman, Golovkin.....
* did the exact same thing by selecting the welterweight Brook
* passed on Canelo for the SECOND time, this time refusing 10mil
* low-balled Jacobs, and then forced an early purse-bid
#biznessmandoeComment
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[QUOTE=rrayvez;17107156]Fact- GBP made and offer to K2. (yes an offer to fight 14 months from now)
Fact- K2 has yet to formally respond (false, both parties acknowledged they are actively negotiating)
Fact- Alvarez is the A side (true)
Fact- Golovkin does not generate much revenue as the marquee (neither does Canelo, every Canelo ppv where he is the A side has underperformed)
Fact- Golovkin has never been in a meaningful fight. (false, world title fights are cinisdered meaningful)
Fact- Alvarez has fought in multiple meaningful fights at 154 and 155. (maybe, but his last 2 opponents have been pointless cherry picks)
Which fighter needs the other to make big money or to legitimize himself on the boxing landscape?[(in the boxing world, ggg is recognized as the most feared boxer today and the most dominant fighter of any weight class. Canelo is looked at as a fearful protected fighter who gave away his belt to avoid finally fighting someone he doesn't enjoy a great weight advantage over. Canelo may be the biggest option for ggg but Canelo won't do big ppv numbers ever again unless ggg is involved. /QUOTE]
2. Revenue includes ppv and ticket sales. 52k for a fight is a lot of revenue. Also, not meeting expectations doesn't mean it didn't make a lot of revenue.
3. Defending belts that were handed to you versus C level guys isn't a meaningful fight.
4. Even without Trip, Alvarez is still the top draw in the boxing. Other than Golovkin fans, no one considers him protected or fearful.
5. There is a difference between saying "but he didn't fight Golovkin" and "but he fought no one of note". Who needs a big fight more again?Comment
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As I understood, GGG was offered 10M $, NO PPV percentage. So GGG gets flat fee no matter how much fight gathers. "Upside" is not a PPV percentage.
GGG gets 10M and Canelo 50M. GGG gets 17% to Canelo 83%. And if fight makes around 100M, it will be even worse for GGG.
So it is a smart business decision not to take such low-ball offer.Comment
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<<Oscar wants to make the fight, 'Canelo' has one goal - and that's to fight 'Triple G'. But it has to be the right circumstances and that's what people aren't seeing.">>
Sure, Canelo's goal is to fight GGG, BUT... BUT under the "right circumstances"... and PEOPLE (what "people"?) aren't seeing those "right circumstances"...
WTF was this?Comment
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