All that money and yet they go months without a competitive fight?
With all the money and superstars that PBC has there should be at least one PPV worthy fight a month!
There are only 2 PPV worthy foghts in all of boxing...period! And one is in a couple weeks (ward/kov)
Yet, you still keep talking smack about Oscar and Golden Boy Promotions. Once this lawsuit is settle GBP will be much richer and in better position to sign top talent while PBC will be nothing more than an afterthought.
If I haven't goofed on someone in boxing at some point then they aren't worth talking about.
And lets be real Oscar & GBP is easy pickings on the disses with the never old fishnets & panties situation plus the more recent dodging by Canelo. Either way you shouldn't take this **** so seriously brother.
The Waddell&Reed accounts are the seed accounts; nothing in any of the alleged proof presented makes any mention of the revenues that PBC picked up for selling the broadcasts into the UK/Europe, or the revenue picked up from the sponsorship spots during the broadcasts, or the revenue from the sale of advertisements during the broadcast, among other revenues.
W&R likely owns a massive stake in the private PBC operation (in addition to likely also taking a share of Haymon's managerial fee as a hedge against the risks of the venture).
The seed money accounts, eventually, will go to zero, with W&R having their investment in a private corporation (that the public likely won't get a gauge of their true value unless an effort to sell a minority stake in the effort to an outside party coming in).
lol
Interesting theory. Or Ryan Caldwell's VC fund will be involved on the back end if you wanna go more nefarious with whats going on or what could go on.
As of now PBC is just another promotional company delivering its fighters to HBO or Showtime. Frustrating thing for fans is many of its fighters are inactive.
I believe this is part of the info being released due to the discovery phase of the GBP/Haymon lawsuit. Seen someone posting a bunch of docs yesterday in another thread.
Thought I saw something about court documents type **** being released saying PBC has lost $700M-$800M. If thats the case they might be legit f#cked or they got a bombass infrastructure, built up TV time that we don't know about yet or some side investments themselves that they've been throwing money at.
Showtime, which pays significant rights fees to PBC for the fights it airs, announced a slate of five cards on Tuesday and will show fights throughout the year, while sister network CBS could air the highly anticipated Keith Thurman-Danny Garcia welterweight unification fight scheduled for March 5 much like it did in June when it televised Thurman-Shawn Porter under the banner of "Showtime Boxing on CBS Presented by Premier Boxing Champions."
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