Comments Thread For: Kovalev-Ward PPV Numbers Won't Justify Ward's $5 Million Guarantee

[Bronx2245]

Jacobs is holding that fight up kid, wake the **** up

It doesn't change the point. The point is GGG turned down Ward to pursue Cotto and Canelo, he got neither one! Ward, since he was turned down by GGG, decided to pursue to LHW title. He is now one week away from the biggest fight of 2016!

[TheCell8]

This is from Idec's twitter when someone asked him that the math doesn't work:

@RicoRamos23 My math more than adds up. Trust me. What you're missing is the splits between the promoters, $$$ to cable/satellites, etc.

— Keith Idec (@Idecboxing) November 12, 2016

@RicoRamos23 And remember, Roc Nation is responsible for paying Ward his $5M guarantee, not the promotion overall. Their math doesn't add up

— Keith Idec (@Idecboxing) November 12, 2016

@RicoRamos23 Moving forward, know I wouldn't write something like I wrote unless I was 100% certain it was true. Been doing this a long time

— Keith Idec (@Idecboxing) November 12, 2016

[jmrf4435]

I'm telling you. This is the best fight in the last 15 years for boxing....

[jmrf4435]

Ward- kov is like pacman mayweather in 2009-2008 when it should of happened...

ANd guess what, thee guys are not MODGETS!!

[Scipio2009]

Shut up already

Acknowledge reality already. K2 and Golovkin got their hoe card pulled, yet you continue to defend them, almost without waver.

The purse bid is there for a reason. The WBA mandates a fight, the negotiations don't go well, so there's a mechanism in place to cut off the bull****, if you actually want the fight.

The question has always been a simple one; what is stopping K2 from taking the money they agreed with Oleg Herman to pay Golovkin, taking the money that they've offered Jacobs, putting that together in a package, and placing the ****ing bid for the fight?

Jacobs is left with taking the fight on K2's terms, giving up his belt to move on from the fight, or taking the fight on the terms from another promoter that wins the bid.

[Scipio2009]

They gave ward a 5m gtd? Are they insane???

Follow the structure before spazzing out. Main Events, Kathy Duva's company, is the lead promoter for the event, with Roc Nation Sports and the fighter's LLCs as "co-promoters". No different than when Eddie Hearn's Matchroom Sport brought over Golovkin to fight in London, Main Events is the party bearing the risk for the fight.

RNS/Ward got their initial share (with Ward's take on that allegedly being $5m), but Main Events made the deal with MGM Resorts, Main Events has the deal with HBO for PPV, and Main Events is going to be the party hocking the rights for the fight to the international broadcasters.

Main Events/RNS have hopefully done event projections that everyone is happy with, Roc Nation got their guaranteed share, and RNS/Ward won't get another check for the event until things hit on PPV (beyond the level needed for Kovalev/Main Events to make their own money).

@$65 per PPV, on top of the money netted from having the fight staged with MGM Resorts in Las Vegas, that likely doesn't happen unless the PPV goes past 250k PPV buys

[Scipio2009]

Steak. After Canelo hamburger and 3G tuna, this is file mignon. I don't know who wins, Krusher should be the favorite. The undercard is disappointing, that's where they're blowing it. The Canelo circus is a show, not just Canelo. He's had several FOY on his undercards, he's been eclipsed by his prelims, but he headlined so he gets credit for the spectacle. A good undercard is like cutting off the ring on a fan.

Gvodzyk-Chilemba is a pretty legit fight for a co-feature (doubt it'll look all that good though), and Maurice Hooker (a prospect that Roc Nation seems to want to move) being in a meaningful fight works out ok too; between what Main Events has under their banner and what Roc Nation has under their banner, not sure how much better an undercard that they could've come with tbh.

A good undercard helps deliver value for money for the hardcore fan, while also giving casual fans a glimpse at budding fighters that could be stars in the future.

[Scipio2009]

In this instance, as long as Ward doesn't keep the titles hostage if he wins, who cares....Roc Nation are the ones going in the red anyway...if it was some youngun who could keep titles and big fights from happening like Canelo while draining HBO's budget, this would be an issue...Ward is on his way out....this way we avoid HBO paying for his tune ups...no other bigger PPV fight on the horizon to invest on him...Chickenson doesn't count because he wants a 50/50 PPPV on Showtime

Ward's HBO deal is up after the Kovalev fight, win or lose. With Andre Ward being 32 years (and already seeing his own exit in due time), what's stopping Showtime from going to Roc Nation Sports, signing a longterm deal to air Andre Ward's fights (the monetary terms are likely to be different, but Showtime/CBS did just play out a 6-fight guaranteed deal with Floyd Mayweather) and feature fights from RNS?

With Stevenson already being affiliated with Showtime, putting the light heavyweight full unification event on PPV wouldn't be an issue.

[Scipio2009]

So no one is going to bring up that Krusher is getting 7 million and is the A side of the 60/40 split.....

Sauce
http://www.totalsportek.com/boxing/s...plit-revealed/

... the fanpost has HBO allegedly looking at a 900,000-1,000,000 PPV buyrate for the event.

You add that the entire thing is unsourced, with no one else even hinting at such numbers, and I'd call bull**** on the total (Kathy Duva turned chicken**** when the Stevenson-Kovalev bid was coming, yet she's willing to guarantee $12m on a fight that's the PPV debut for both fighters, with Kovalev's only other fight in Las Vegas selling maybe 1000 tickets?).

Let that sink in; $12m for the two fighters, assume that the net from the live gate/non-PPV ends up being $5m. With $7m to make up, K2 breaks even at basically 250k-300k PPV buys, and not make a penny

[Flash13]

Follow the structure before spazzing out. Main Events, Kathy Duva's company, is the lead promoter for the event, with Roc Nation Sports and the fighter's LLCs as "co-promoters". No different than when Eddie Hearn's Matchroom Sport brought over Golovkin to fight in London, Main Events is the party bearing the risk for the fight.

RNS/Ward got their initial share (with Ward's take on that allegedly being $5m), but Main Events made the deal with MGM Resorts, Main Events has the deal with HBO for PPV, and Main Events is going to be the party hocking the rights for the fight to the international broadcasters.

Main Events/RNS have hopefully done event projections that everyone is happy with, Roc Nation got their guaranteed share, and RNS/Ward won't get another check for the event until things hit on PPV (beyond the level needed for Kovalev/Main Events to make their own money).

@$65 per PPV, on top of the money netted from having the fight staged with MGM Resorts in Las Vegas, that likely doesn't happen unless the PPV goes past 250k PPV buys

Roc nation will lose money on this fight. Theres no way around it. This is a business, and boxing isn't going to be around very much longer if everyone keeps losing money like this.