Comments Thread For: Golovkin-Jacobs Deal Won't Be Done Today; 12/17 Purse Bid Looms

[DoktorSleepless]

They want Jacobs scalp, and they'll never have him this cornered. Jacobs stands to lose his regular belt if he passes, and a lot of fan respect. That's leverage they won't have again

They could have shamed Jacobs and have him cornered without all these needless extentions. If Jacobs was stripped of his meaningless paper belt after the first deadline, but stayed in negotiations with GGG regardless for his next fight, there would be no difference in fan respect. All Jacobs had to say was "I'm not ready to fight again this year, but GGG is still my absolute priority for my next fight." And that already kind of happened when they missed the first deadline, so it would be no different. Unlike Canelo, he wouldn't be asking for 20 more fights before GGG, so he wouldn't lose that much respect.

The only difference would have been GGG being capable of fighting 3 times this year. That would have net him more money than skipping that third fight and fighting just Jacobs instead.

[HeroBando]

They could have shamed Jacobs and have him cornered without all these needless extentions. If K2 forced the initial purse bid deadline and if Jacobs was stripped of his meaningless paper belt, but stayed in negotiations with GGG regardless for his next fight, there would be no difference in fan respect. All Jacobs had to say was "I'm not ready to fight again this year, but GGG is still my absolute priority for my next fight." And that already kind of happened when they missed the first deadline, so it would be no different. Unlike Canelo, he wouldn't be asking for 20 more fights before GGG, so he wouldn't lose that much respect.

The only difference would have been GGG being capable of fighting 3 times this year. That would have net him more money than skipping that third fight and fighting just Jacobs instead.

I get that, just saying mando matters. They could have gone to purse bids already, but that kills the fight and they'd rather make it if possible.

[DoktorSleepless]

I get that, just saying mando matters. They could have gone to purse bids already, but that kills the fight and they'd rather make it if possible.

Why would that kill the fight? They could still continue to negotiate. That's what is happening with Canelo.

The only reason they extended the initial deadline was because they probably had K2's approval. GGG could have even asked the WBA to let him have an interim fight without having Jacobs stripped, and they would have likely approved it. It would have made no difference for when the Jacob fight happens if it does.

[Sweet_Science2]

2016 was a bad year for boxing but if they don't get their **** together in 2017 some real damage is going to be done to what's left of the sports reputation and fan base. I love the sport but even I'm losing the desire to defend boxing.

I have to agree with you. Boxing is becoming more difficult to watch with all the BS politics and weak matches. I fell back if they don't get it together boxing is going to lose a lot of viewership.

[angkag]

Best I can understand this is that if it goes to purse bids, unless something weird happens (Don Kings still alive right?) then either K2 or Team Haymon will win the purse bid. Either way, its then a 75/25 split in GGG's favour.

If K2 wins, then Jacobs either takes it or leaves it
- if Jacobs takes it, fight on, HBO etc
- if Jacobs leaves it, he gives up the interim WBA strap he has, then both sides move on

If Team Haymon wins
- if GGG takes it, fight on, but likely Showtime. Team GGG will have to work it out with HBO.
- if GGG leaves it, he loses his WBA strap, dream of unification pretty much dead

So its either fight on, or someone drops a strap.

From the WBA's perspective, surely they would prefer GGG keep his strap, simply as he wants to fight 4x a year (whether he does or not is another matter), and that's more sanctioning fees for them. Enough for them to NOT strip GGG ? Seems sanctioning body rules are there to be broken all the time, who knows.

As for whose at fault - promoters in general, in this case the two candidates involved. This sort of BS doesn't 'promote' the individual boxers or the sport at all, it does the opposite. So while they might think they are fighting for the best deal in this individual case, they are doing a greater damage to all concerned longer term.

I can't believe the teams can be THAT far apart here. There is an amount of money the fight can generate (lets assume K2 promotes), then what percentage K2 is willing to give Jacobs. Jacobs petitioned for 40%, default is 25%, K2 will have most likely offered more than 25%, so how far apart can they be ?

Only thing I can think is that Haymon REALLY wants to win the purse bid, so turned down all offers with that goal in mind. Even if it limits his side to 25%, he may feel its 25% of a much bigger pot that he can generate vs 40% (or whatever K2 is offering) of a smaller pot that they say the fight generates. Else taking it to the wire to see if he can squeeze a bit more out of K2 at the death.

[HeroBando]

Bigger star, what the hell is that based on? Haymon has a lot of 'hype jobs' just like Baby G who make almost 2 mil a fight. Can you say Broner, probably not because he has fought better competition. Can you think of a time when Broner had to go to purse bid? Says a lot.

Like I said it's a 'mom and pop' promotion company.

No he doesn't. Thurman and Porter split 2.4m total. None of these guys can sell out Msg and the forum vs no names. Ggg vs Wade posted like 2.5x Showtimes best rating for the year.

No Broner opponent ever said

‘Wait a second. I could fight two Peter Quillins and make the same thing.’

That's why he's not going to purse bids, dummy

[Mr_Forte]

And dumb GGG fans ddon't see how ****** their heroes team is. Which is fine, but don't sit there and say Jacobs ducked when 75-25 is bs for Jacobs and he ends up vacating. Another fight not made because of GGG and his team smh

You don't know what team GGG offered.

[Mr_Forte]

it was obvious that this would happen

Team Golovkin simply don't need that fight, and they do not take any kind of risks, EVER!

obvious really

what a pity that Golovkin has no regard for legacy

If it comes out later that GGG offered 70-30 or 65-35 and Jacobs still didn't sign what will you say about it? Just wondering.

[HeroBando]

Why would that kill the fight? They could still continue to negotiate. That's what is happening with Canelo.

The only reason they extended the initial deadline was because they probably had K2's approval. GGG could have even asked the WBA to let him have an interim fight without having Jacobs stripped, and they would have likely approved it. It would have made no difference for when the Jacob fight happens if it does.

Because Jacobs doesn't wanna fight Ggg at all, but as the mando he has a lot to lose. Once he vacates, it's dead for good. Canelo is with HBO, it's the biggest fight in the sport, and there's tremendous pressure on him. Unlike Jacobs who is fine fighting Mora in Reading PA and concedes Ggg is the Man, Canelo thinks of himself as the best fighter in the world, and boxing #1 superstar

[O.K.! 2.0]

Most of you are not understanding what K2/Loeffler is trying to do! GGG has been averaging $2-3 mil per fight lately & Jacobs has average $1-1.5 in his last two or three fights. Both sides know especially K2, this fight isn't worth over $4 million. With the purse split in favor of GGG 75%-25%, K2 will welcome a purse bid knowing their fighter will get 75%. Jacobs doesn't bring a lot to the table so K2 will not bid over $4.5 million. If that bid was to win, GGG would get $3.3 mil leaving Jacobs with $1.1 mil. Someone would have to bid $8-12 million in order for Jacobs to receive $2-3 mil which would be his biggest payday. K2 would love if Haymon or anyone else bid that much money. The question is, "who is crazy enough to bid that much"? Jacobs best chance to get that $2-3 million would be to reach a deal before the purse bid. Honestly, I don't see Jacobs accepting this fight, mainly because he thinks he deserves a lot more than this fight is worth. Jacobs will give up his title! For this fight, I truly believe GGG deserves $5 million & Jacobs deserves $2 million but the market states otherwise!