Comments Thread For: Golovkin-Jacobs: WBA Denies Request To Modify Purse Bid Split

[ThatDude44]

10,000,000,000,000 points this fight gets made.

[Flash13]

One question no one has brought up is what are the chances of Haymon purposely overbidding and putting the fight on Showtime as a bluff just to see if HBO would even let GGG fight on Showtime. That way he could get Jacobs out of the fight, "let it marinate", get the belt, claim GGG ducked them, and not even have to pay anyone once GGG pulled out. Feel free to correct me if any of that is wrong, I don't really know the finer details of contracts in boxing.

The problem with this is during a purse bid you put up a non refundable %. I think it's 10%. So if haymon bids 5m and hbo calls him on his bluff that's 500k down the drain. He would essentially be paying ggg 375k for nothing. It's an interesting point, but I don't think it goes down like this.

Edit: Let me just add I don't see haymon bidding for this fight. At a 6 mill bid the fight is destined to lose money. I could see him taking a risk if Jacobs had a fighting chance. I bet the even betting line will be ko5 maybe sooner. Haymon isnt going to lose money on a fight where his fighter is going to get brutally ko'ed. Mind you a fighter he's way over invested in. He's probably dropped 2-3 mill on Jacobs maybe more. No way...

[ThatDude44]

As they should, because Jacobs has beaten nobodies all his career and couldn't even get a real belt for his troubles. The man is a Ko waiting to happen and I respect his fearless approach to this fight but he's gonna get KTFO. He wants the medical bill money.

He should call GGG daddy at the press conference or maybe big brother.

You can say the same about GGG when it comes to beating nobodies. Cmon now.

[pacmanis1]

The problem with this is during a purse bid you put up a non refundable %. I think it's 10%. So if haymon bids 5m and hbo calls him on his bluff that's 500k down the drain. He would essentially be paying ggg 375k for nothing. It's an interesting point, but I don't think it goes down like this.

Edit: Let me just add I don't see haymon bidding for this fight. At a 6 mill bid the fight is destined to lose money. I could see him taking a risk if Jacobs had a fighting chance. I bet the even betting line will be ko5 maybe sooner. Haymon isnt going to lose money on a fight where his fighter is going to get brutally ko'ed. Mind you a fighter he's way over invested in. He's probably dropped 2-3 mill on Jacobs maybe more. No way...

Thanks for clearing that up for me. It just seemed like such an easy way out for Haymon but no one had mentioned it so I figured I'd ask.

Wait if that's the case then why would Haymon even try and bid? Realistically what are the chances GGG could even fight on Showtime? Wouldn't he basically just be paying GGG for his belt and a chance to avoid the fight?

Also I think you have a valid point. I think a lot of people in this thread have unrealistic expectations for how much money this fight can generate. Although I personally question how much Lemeuix and GGG really generated. I thought it was originally said it needed 200k to break even and even high estimates say it only did 150k. So if a 150k PPV with a 4 million dollar purse didn't break even I don't see how this fight would be worth 6 million. But I'd love to be completely wrong and see this turn out to be a smash hit.

[Flash13]

Thanks for clearing that up for me. It just seemed like such an easy way out for Haymon but no one had mentioned it so I figured I'd ask.

Also I think you have a valid point. I think a lot of people in this thread have unrealistic expectations for how much money this fight can generate. Although I personally question how much Lemeuix and GGG really generated. I thought it was originally said it needed 200k to break even and even high estimates say it only did 150k. So if a 150k PPV with a 4 million dollar purse didn't break even I don't see how this fight would be worth 6 million. But I'd love to be completely wrong and see this turn out to be a smash hit.

I am with you here 100%. I do wish it was a monster fight that would generate 7-8 mill. But that's not the current landscape of boxing. There are realistic numbers, and unfortunately they don't even come close to adding up.

I think ggg lemuiex broke even(barely). It's just that it was too close for comfort. Too much risk, and not enough reward.

[Flash13]

Wait if that's the case then why would Haymon even try and bid? Realistically what are the chances GGG could even fight on Showtime? Wouldn't he basically just be paying GGG for his belt and a chance to avoid the fight?

I just saw you added this. I know showtime has said they're going to make an aggressive bid, but anyone can say anything. The most showtime or hbo will pay for a fight is in the 3 mill range, which still isn't really close. The last time showtime put Jacobs on they paid 3 mill and got 347k viewers. So idk it sounds like a lot of hot air atm.

[World Champion?]

From 2015:
Rozier told TBV what he thought about that possibility saying, “I think that would be a great bout, I think it would be a fantastic build up for a fantastic unification with Danny and Gennady with both of them coming to the table with equal power in their pockets” He proceeded saying, “let’s come with even money and let’s lay it down on the line and take full control of it, let both athletes make 3-5 million a piece and ride off into the sunset.

When you read things like this it is hard to imagine a deal being reached.

[pacmanis1]

I just saw you added this. I know showtime has said they're going to make an aggressive bid, but anyone can say anything. The most showtime or hbo will pay for a fight is in the 3 mill range, which still isn't really close. The last time showtime put Jacobs on they paid 3 mill and got 347k viewers. So idk it sounds like a lot of hot air atm.

Yeah I can't recall any fight being on regular HBO or Showtime and having a purse over 3 million outside of maybe overseas fights with Wlad or Vitali, which is obviously an entirely different animal and they're not footing the whole bill. I just don't see any way you could pay theses guys what they want without putting it on PPV and I don't think it'd be big enough to recoup their loses.

[Flash13]

Yeah I can't recall any fight being on regular HBO or Showtime and having a purse over 3 million outside of maybe overseas fights with Wlad or Vitali, which is obviously an entirely different animal and they're not footing the whole bill. I just don't see any way you could pay theses guys what they want without putting it on PPV and I don't think it'd be big enough to recoup their loses.

Agreed. I think this is the thought process of everyone who understands the business. To be frank the money just isn't there. I hope I'm completely wrong and someone decides to take a huge gamble, because I would love to see it. Maybe after a few fights getting <500k Jacobs will change his mind.

[Motorcity Cobra]

Wilder's more popular than Jacobs, who Haymon would be bidding on behalf of

GGG-Jacobs is a bigger event than Wilder-Povetkin. A promoter is bidding on the event