Is $15,000,000 not enough to fight Canelo??

[_Maxi]

Because most people are delusional and ******. They think GGG has a bigger fanbase than Cotto.

My figures are way off because you do not understand how PPV works, and you may not even have understood what I said.

I will break it down step by step.

1. Loeffler wants a cut of the PPV, not the flat fee of $10-15 mill being offered by GBP.

2. The reason they want this, I suspect is because they think the PPV will do great numbers, probably better than Canelo-Cotto's 900k buys or similar, which it won't.

3. Where did I get my figures from? Networks get 50% of the PPV revenue, and the other 50% go to the fighters. If my prediction is correct that this PPV does 600k at $65, that's $39 million divided by 2, that leaves $19,500,000. If Loeffler gets his desired "40%" that means they get $7.8 million and Canelo makes $11.7 million.

4. Both numbers increase from gate revenue and companies endorsing them in the fight. This is where I got my approximite figures.

5. Which is why I keep saying that GBP is ****** to offer such a high flat fee, and Loeffler is ****** for not calling their bluff and accepting that flat fee.

6. Even if the PPV is a huge success and matches the Cotto-Canelo numbers, GGG still takes something under $15 mill, just over $10 mill (40% of 900k ppv buys).

Clear?

If the fight won't make so much money, why is GBP risking themselves offering 15 millions? it would be much better for them to offer a 30% or 35% of the PPV, so in case the fight doesn't sell that well and there's only 20 millions to divide, they don't end up losing money and pay Golovkin only 6 or 7 millions.
Be consistent. If they offer 15 millions flat fee, it's because they expect it to generate way more.

[LetOutTheCage]

True, with 9 months minimum negotaiting time there's no reason for either side to accept any first offer from the other.

Also, $15million for GGG is just a rumour. Nobody knows for sure if it's correct, or what strings are attached. And an offer for a fight more than a year down the line has got to have strings attached.

Key point here in bold. It is just a rumor, to my knowledge Golden Boy have not publicly come out and confirmed the amount offered. Pretty sure it was Dan Rafael who stated $15M.

OP is talking as though it has been confirmed

[-Kev-]

If the fight won't make so much money, why is GBP risking themselves offering 15 millions? it would be much better for them to offer a 30% or 35% of the PPV, so in case the fight doesn't sell that well and there's only 20 millions to divide, they don't end up losing money and pay Golovkin only 6 or 7 millions.
Be consistent. If they offer 15 millions flat fee, it's because they expect it to generate way more.

Because they're ****** too. Both sides are going crazy in neogtiations. Loeffler doesn't know how to call their bluff, DLH is coked up offering amounts of money that makes no sense.

Promoters are predicting a ridiculous amounts of PPV's being sold by their fighters and falling way short.

They're really underestimating how unpopular boxing is becoming and how people are put off by countless of PPV's that should be on cable not PPV. Mark my words, Canelo-GGG does not make more than Canelo-Cotto and it will actually fall a few 100k buys short.

[just the facts]

why so gullible tho.. 10 mil was the offer and thats a joke when the opp is making 60 mil.. even may pac was 60 40 why should the champ accept a 80 20 in favor of nelA??

Ten million dollars is one helluva an offer for someone with exactly ZERO quality wins.

[OnePunch]

Key point here in bold. It is just a rumor, to my knowledge Golden Boy have not publicly come out and confirmed the amount offered. Pretty sure it was Dan Rafael who stated $15M.

OP is talking as though it has been confirmed

Dan posted it in his chat. Dan is like Glaser, in that 99% of the time people post that he is a hack, etc, but if he posts something that suits their narrative then he is immediately a reputable source beyond all reproach lol

[_Maxi]

Because they're ****** too. Both sides are going crazy in neogtiations. Loeffler doesn't know how to call their bluff, DLH is coked up offering amounts of money that makes no sense.

Promoters are predicting a ridiculous amounts of PPV's being sold by their fighters and falling way short.

They're really underestimating how unpopular boxing is becoming and how people are put off by countless of PPV's that should be on cable not PPV. Mark my words, Canelo-GGG does not make more than Canelo-Cotto and it will actually fall a few 100k buys short.

I am feeling lately that some interest was lost on this fight and just made a thread for it. My point remains. Offer Golovkin 35% of the PPV split, and 5 millions guaranteed and whether the fight sells 600k or 1.3M, both sides are happy. I'm not sure GBP are ******... they are probably telling BS to the media, and people is buying.

[just the facts]

Depends how much Canelo is making...
The fight split should be 50-50 or 60-40 in Canelo favour it shouldn't be 20-80 no matter how good the money is GGG and HBO along with Golovkin team have worked their arses off getting him where he is at right now they've done wonders with promoting him, getting him the fights, getting him all the belts that Canelo would be fighting for, getting him all these branded licenses so ummm is Canelo and GBP under paying him with that offer?
Perhaps definitely so.

I mean I disagreed completely with Ward earning more than Kovalev, seriously why would Ward get a bigger pay package?
Ward is less knowm, less liked, didn't hold the belt at the time...

10 million dollars is one helluva an offer to a fighter with exactly ZERO quality wins

BTW, this thread isn't about Ward or Kovalev. I know you're not the sharpest knife in the drawer, but try to keep up.

[_Maxi]

Key point here in bold. It is just a rumor, to my knowledge Golden Boy have not publicly come out and confirmed the amount offered. Pretty sure it was Dan Rafael who stated $15M.

OP is talking as though it has been confirmed

Dan just said that somebody from GBP told him that the offer was 15 millions. I honestly don't believe GBP. They also say Golovkin is running scared from Canelo. They are just unbeliavable. Can't trust them.

[Eff Pandas]

**** man with how much marination in this fight GBP is trying to command one can only assume it'll be the 2nd biggest PPV of all time lol. GGG probably holding out for $50M-$60M based on GBP's expectations.

[just the facts]

Most people think this fight is a much bigger money fight than Canelo vs Cotto. Why would they offer GGG 10 million or 15 million and end up paying him 7 million? That makes no sense at all. I think your figures are way off.I think Canelo and his opponents are making much more money than you think they are.

I think you're vastly overrating g strings drawing power. No way is it at the level Cotto's was and Canelo/Cotto did 900k. Add in the hangover that the PPV audience is suffering from Manny/Floyd and that g string already has one PPV flop under his belt. A fantastic matchup (Ward/Kovalev) only did 160k. Again, given todays PPV climate, ten million dollars is one helluva an offer for a fighter with exactly ZERO quality wins.