Comments Thread For: Golovkin's Coach: Money Issues Remain, Not Sure Jacobs is Next

[Jsmooth9876]

Jacobs-Quillin put nearly 9k people into Barclays Center (on seats priced $500-$50) and Golovkin "sold out" the 20k-seat Madison Square Garden (though there were reports of $20 tickets being sold).

If you honestly think that Golovkin-Jacobs couldn't sell out the 18k-seat Barclays Center (at $50-$750, with none of that $20 ticket stuff), you're kidding yourself.

K2 has likely offered Jacobs nowhere near $2m; for a fight that would only be on regular HBO, and with Golovkin's camp making sure that he gets his own pay, if K2 was willing to lay out that type of money, the bid would've already been called and the situation would've been resolved.

Use your head; the most money paid out for a Golovkin event was $3.5m, that required the event to be put on PPV, and K2's actions since that event have made it clear that the financials didn't work out for them.

For K2 to have offered, as you want to believe, Daniel Jacobs $2m, how much could they have possibly offered Golovkin, for a fight that's on regular HBO? gtfoh

Jacobs has already said he's been offered more than he made vs Quilllen but pretty close to it and that was a long time ago. You're delusional as fk anyway, you think Dibella, with Haymon behind him are gonna come riding in and bid like 8 million for this fight. Get a grip on reality, kid. They didn't come close to that for Wilder-Povetkin and that's a guy who actually can sell tickets.. Jacobs can wait forever for that retirement money .....keep fighting all those Quillens and be a nobody forever.

[Scipio2009]

He's only 30. What other big opportunities are there going to be for him? Canelo's not going to fight him. Saunders even turned him down multiple times. He's already talked about moving up to 168, if he loses that's a fresh start regardless.

This is Danny's pinnacle moment. This fight is an opportunity for him to break through to the next side. With all the hype surrounding Golovkin, if Danny were to knock him off, it vastly surpasses the alleged purses involved with this fight. It also vastly surpasses the '******ity' he's protecting by not taking it and waiting for something better to come along. Golovkin wouldn't have pulled this **** if he had gotten the opportunity to get Martienz or even Sturm in the ring.

This is Danny's pinnacle moment; the difference is that he and his camp fully know and understand that Golovkin has to give him the fight, if Golovkin's going to stick to the "I want all the belts" story that he's pushed. If the terms aren't good in the negotiations, Jacobs has the opportunity to go to purse bid and possibly get better terms.

Just for a moment, imagine if Felix Sturm had to fight Golovkin or he'd have no belt, and Sturm offered Golovkin less money than he was already getting, and there was an option to go to bid for better terms.

[Jsmooth9876]

This is Danny's pinnacle moment; the difference is that he and his camp fully know and understand that Golovkin has to give him the fight, if Golovkin's going to stick to the "I want all the belts" story that he's pushed. If the terms aren't good in the negotiations, Jacobs has the opportunity to go to purse bid and possibly get better terms.

Just for a moment, imagine if Felix Sturm had to fight Golovkin or he'd have no belt, and Sturm offered Golovkin less money than he was already getting, and there was an option to go to bid for better terms.

Jacobs doesn't have a real belt that GGG needs. If Jacobs happens to vacate, that title just doesn't exist anymore. No loss to GGG, he just moves on find someone who really wants the fight with realistic terms.

[Scipio2009]

Jacobs has already said he's been offered more than he made vs Quilllen but pretty close to it and that was a long time ago. You're delusional as fk anyway, you think Dibella, with Haymon behind him are gonna come riding in and bid like 8 million for this fight. Get a grip on reality, kid. They didn't come close to that for Wilder-Povetkin and that's a guy who actually can sell tickets.. Jacobs can wait forever for that retirement money .....keep fighting all those Quillens and be a nobody forever.

I've said it many times, regardless of how much you want to ignore it; no one has to bid $8m on the fight. Just how Oscar De La Hoya was able to secure N'Dam-Lemieux for less than $200k (yet Lemieux still ended up getting paid $1m), whomever controls the event controls the revenues. Figure out a gauge for what you think K2 is ready to pay for the fight, and top that figure by $100k (to make sure that the number holds up).

K2 bids $3m ($2.25m to Golovkin/$750k to Jacobs), DiBella bids $4m ($3m to Golovkin/$1m to Jacobs), and the event that DiBella stages ends up clearing $6m (once everything is paid for). Not that complicated.

The point that folks like you continue to willfully ignore is that the WBA has stated that Golovkin has to fight Daniel Jacobs or he WILL be stripped of the WBA belt, lol.

Deontay Wilder, though WBC heavyweight champion, has had all of one fight in NYC, yet DiBella/Haymon weighed it out and priced what they felt they could price.

Daniel Jacobs and Gennady Golovkin both have solid profiles in NYC, the fight is #1 MW vs #2 MW, and the fight has added meaning in Brooklyn; if you honestly think that DiBella/Haymon won't be willing to put $4m-$5m behind a Golovkin-Jacobs fight in Brooklyn and on Showtime, you're an idiot.

[Scipio2009]

Jacobs doesn't have a real belt that GGG needs. If Jacobs happens to vacate, that title just doesn't exist anymore. No loss to GGG, he just moves on find someone who really wants the fight with realistic terms.

Jacobs is Golovkin's mandatory challenger, with big enough money on his side of the fence that K2 is doing everything they can to stall the bid.

You add that Jacobs isn't going to fight Saul Alvarez (Haymon/ODLH beef), Billy Joe Saunders doesn't want to consider the fight, no one is sure what's going on with Chris Eubank Jr, and Andy Lee is looking elsewhere for his return, and there's literally no incentive for Daniel Jacobs to vacate anything.

K2's extension ran out today, the WBA will likely release bid information Monday morning. Hopefully K2 comes to the table with some money.

[aboutfkntime]

How did the contract that Zabala Jnr had with Canelo work out for him?

The "word" of Team BS is not worth **** as clearly found by a Florida court.

Put up a guarantee or **** off

The reason why GBP refused to sign a contract committing Canelo to the Saunders fight should BJS beat Rosado, is because they were unwilling to contractually obligate themselves to that fight.

They did not lie to Saunders, they refused to be obligated to him.

they said " no " !

they did not say no to Golovkin, they offered him 10mil

you are accusing Canelo of " bluffing ", but ignoring the fact that Golovkin did not call Canelo's "bluff"..... just like he didn't call Ward's "bluff", or Lara's "bluff"

you insinuate that the promotion is risky, and yet ignore the fact that a 10mil guarantee is the LEAST risky option for Team Bull****

[aboutfkntime]

Ahhh....How Cute I got a haymonite committing the strawman fallacy.....or are you a bidnizzman trying to figure out how not to get this fight to happen (GGG vs Jacobs)

no strawman fallacy there bud

you accused haymonites (whatever the fk that is) of being businessmen, so I asked you to explain to me why Golovkin refused to fight Canelo for 10mil, which is a good (not great) offer?

waiting..... ?

..... or does that logic only apply when it benefits Golovkin ?

[Citizen Koba]

This is Danny's pinnacle moment; the difference is that he and his camp fully know and understand that Golovkin has to give him the fight, if Golovkin's going to stick to the "I want all the belts" story that he's pushed. If the terms aren't good in the negotiations, Jacobs has the opportunity to go to purse bid and possibly get better terms.

Just for a moment, imagine if Felix Sturm had to fight Golovkin or he'd have no belt, and Sturm offered Golovkin less money than he was already getting, and there was an option to go to bid for better terms.

I don't quite get it. You mean you reckon Jacobs total $ figure might be higher if it goes to purse? Almost certainly his split will be lower but a high bid by Haymon could leave him better off I guess. Think it's unlikely though, it just ain't that big a fight that I see Al bidding that high, though I suppose he could try to bluff HBO up, that'd be a win / win for him. A lot hinges on how deep Haymons pockets at the moment and on whether GGG can fight on SHO, neither of which are clear right now.

[Tomjas]

The reason why GBP refused to sign a contract committing Canelo to the Saunders fight should BJS beat Rosado, is because they were unwilling to contractually obligate themselves to that fight.

They did not lie to Saunders, they refused to be obligated to him.

they said " no " !

they did not say no to Golovkin, they offered him 10mil

you are accusing Canelo of " bluffing ", but ignoring the fact that Golovkin did not call Canelo's "bluff"..... just like he didn't call Ward's "bluff", or Lara's "bluff"

you insinuate that the promotion is risky, and yet ignore the fact that a 10mil guarantee is the LEAST risky option for Team Bull****

Makes no sense as usual

Canelo has been found liable for $8.5 million because he broke a contract with Zabala

You would have to be a complete imbecile to accept either his or Fishnets' word as they have ZERO credibility

Furthermore, you obviously have no idea as to what a bank guarantee entails

I suggest that you enroll in some night courses kid as it's not my job to educate you

[Scipio2009]

I don't quite get it. You mean you reckon Jacobs total $ figure might be higher if it goes to purse? Almost certainly his split will be lower but a high bid by Haymon could leave him better off I guess. Think it's unlikely though, it just ain't that big a fight that I see Al bidding that high, though I suppose he could try to bluff HBO up, that'd be a win / win for him. A lot hinges on how deep Haymons pockets at the moment and on whether GGG can fight on SHO, neither of which are clear right now.

Oscar De La Hoya paid just over $100k for N'Dam-Lemieux ($75k to N'Dam/$25k to Lemieux), yet David Lemieux ended up making over $1m on the actual fight.

The winning promoter's only obligation to the fighter not in his camp is to pay out their share of the winning bid; any actual revenues that come in stay inside the winning bid's camp. Lou DiBella is the top boxing promoter in New York (and arguably the best on the East Coast and one of the best in the world); without having access to K2's offices, I'm fairly certain that DiBella can pretty accurately project out what the revenues could comfortably look like for an HBO/Madison Square Garden event, and then weigh that against what the revenues for a Showtime/Barclays Center event could be.

Bid more than what you think the HBO/MSG high number is, but below what you think the Showtime/Barclays high number is and you're on pretty firm ground.

Any excess beyond the actual bid price gets split up, between DiBella and Jacobs/Haymon.