Golden Boy flat fee offer to GGG is $15mil, not $10mil

[BattlingNelson]

They were quick to comment on Ward. Quick to comment after Oscar said there was an eight figure offer. I don't see why they wouldn't comment on the offer now.

You have only hearsay. Nothing public has come from Oscar as I understand it.

[Motorcity Cobra]

You have only hearsay. Nothing public has come from Oscar as I understand it.

It came from Gomez. He runs the day to day operations of Golden Boy. By saying nothing came from Oscar it's like you are saying nothing came from Oscar when Schaefer was running the day to day operations of Golden Boy. Damn you're reaching!!!

VETERAN BOXING EXECUTIVE ERIC GOMEZ PROMOTED TO PRESIDENT OF GOLDEN BOY PROMOTIONS

"Eric has been a trusted adviser, confidante and friend throughout my career both as a fighter and a promoter," De La Hoya said. "From close relationships with our fighters, to sharp insight into the business of the sport, to an ability to manage a growing team of professionals, there is no one in the sport who has a better or broader view of boxing."



Effective immediately, Gomez will begin overseeing day-to-day functions of all boxing-related aspects of Golden Boy Promotions, working with a stable of dozens of superstar fighters including the sport's biggest headliner, Canelo Alvarez.

http://www.goldenboypromotions.com/en/news-article/veteran-boxing-executive-eric-gomez-promoted-president-golden-boy-promotions

[Scipio2009]

Which isn't gonna happen... lol

pretty much, tbh.

Getting the money on the front end rather than the back end, Golden Boy has already offered to pay K2/Golovkin basically 40% of the take that could logically be expected from the event, and folks are still running around, crying about fairness.

[UNBIASED BOXING]

Why would this matter if GGG is signed to fight Jacobs next?

Canelo vs GGG is going to be in discussion for September, anyways.



Lmao, just can't please the haters. First it was, "why can't he offer enough for jacobs?", "why is he ducking jacobs", now that he's signed to fight Jacobs, they start bringing up Canelita

[Scipio2009]

Interesting to see negotiations for the Chavez jr/Canelo fight. I bet Chavez Jr is getting a good cut of the PPV revenue cus a flat 5 million dollar purse makes this deal for GGG the deal of a lifetime when Chavez jr is way bigger draw than GGG.

the money is different in a Alvarez-Chavez Jr fight (with the Mexican TV likely driving a ton of the potential revenues, something that Chavez Jr will no doubt be cut in on).

[Raonic]

No flat fee, reduce from $15mil and give him a split of the pot.

But we all know GBP won't do that because if they did, GGG probably ends up with more than $15 mil.

[.:: JSFD26 ::.]

pretty much, tbh.

Getting the money on the front end rather than the back end, Golden Boy has already offered to pay K2/Golovkin basically 40% of the take that could logically be expected from the event, and folks are still running around, crying about fairness.

Yea, you have a point.

I have never expected this fight to do as good as some people expect it will do and with PPV numbers down all across the board, I think it will definitely NOT do as good as expected. So, they better be careful with how much they offer. Lol

[BoxingIsGreat]

but nobody knows whats REALLY in the deal. When did Eric Gomez suddenly become this pillar of credibility? And who knows what rematch language is in the deal. Or does golden boy have an escape clause if Canelo loses an interim bout or puts it off to rematch chavez or something?

Whether they accepted the offer today, or spent another couple of months tweaking the deal, the fight isnt going to happen a single day sooner, so I dont know why everyone is getting their panties all bunched up

Good question.

I don't know why but I somehow don't believe anything this guy says. 10 million dollars was too good to be true but 15? Get out of here.

Unless, it is NSB points money!

[////]

tyson vs holyfield would be a 100 million dollar plus fight nowadays

not exactly fair comparing purses from the 90s. global market expansion and higher % share for fighters have changed expectations.

[Scipio2009]

If the offer's real, it will be there in 6 months when it's actually time to make the fight. In the meantime Golovkin has a big fight coming up which can drastically improve his bargaining position and Alvarez has his own fights which may do the same. We'll see what happens.

If the offer is pulled in 6 months, than it was never real.

In 6 months, with the dynamics being what they are, the offer could very well change.

Alvarez-Chavez Jr could do great business, Golovkin-Jacobs could do not so great business, and the money will move accordingly.

Heck, Alvarez-Chavez Jr could end up being such a barnburner of a fight (or Miguel Cotto could look so razor-sharp in his February fight) that the paying public could say "to hell with Golovkin, we want to see either a Chavez Jr rematch or a Cotto rematch".

For Mexican Independence Day weekend, what would earnestly be a bigger event than Alvarez vs Chavez Jr from Aztec Stadium in Mexico City (after a barnburner first fight)?