They got more than the 3 deal fight, they promote events of boxing and concerts in PR.
Comments Thread For: Roc Nation Exec Hopes To Extend Relationship With Miguel Cotto
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im pretty sure broner saw floyd was making 35 million per fight(although most were money losers for showtime) and said ok well im going to be floyd soon sooooooooo...$40m for basically a 4-year contract with Adrien Broner (who, at the form he was looking, could've logically had 12-14 fights over that stretch).
Broner still needs to win the fights, but the recognition that he'd come into the deal with would make it fairly certain that Broner could cover that over 10 fights.Comment
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Other than the Canelo fight, Roc Nation has bled from Cotto and Andre Ward much like PBC has been bleeding. Great purses for their fighters but their business ventures haven't reflected in their PPV buys.Comment
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Boxing Champ Adrien Broner -- Rejects Roc Nation ... F Jay Z & Rihanna The above headline is actually an understatement. Slick-talking boxer Adrien Broner was not feeling a recent offer from Jay Z’s Roc Nation Sports – at all.
http://www.************.com/2015/01/...by-roc-nation/
and that's just from a quick search on Google; $40m for 5 years (a period that could easily constitute 15-17 fights) and you've got an even better deal than initially thought (especially with Broner being one of the guys that folks seemed to think would be able to help carry boxing's starpower going forward).
you played yourselfComment
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looking back it was a pretty ****** deal. overpaid like crazy for Cotto. Great for Cotto he got paid more then anyone else was gonna pay him but RNS likely lost money on everyone of his fights INCLUDING the Canelo fight. A significant amount of his purse were paid not by Golden Boy or HBO. He got the fighter split based on the deal Golden Boy/HBO made and then got 5-10m on top of that directly out of the pocket of RNS so they basically promoted that fight for free or at a slight loss.Comment
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maybe but, then again, maybe not.
Broner is most definitely a screw up but, since the Roc Nation offer, Broner's had 4 fights (with a 5th one already on deck). He was the co-feauture under Thurman-Garcia, but Broner has headlined his own show at the MGM Grand, did really well in the fight that he took home to Cincinatti, sold out the building in Washington DC, will likely sell a lot of tickets for his upcoming fight in February (I think that that fight ends up heading back to Cincinatti), and he's being looked at as a meaningful fight for Ricky Burns (to come to the US from the UK) and the type of name that Terrence Crawford needs to fight (to give him a chance at becoming a draw).
I don't have any of the details for the numbers, but imagine the type of business that Broner's done on the three fights that he's headlined since the Roc Nation offer and the business that he's likely to do this February.
Beyond that, Adrien Broner wouldn't need to win 14 straight fights; no different than Arturo Gatti, as long as he's kept in good fights and the public is still in on his antics, he's likely to have 12-13 events over the time period offered in the Roc Nation deal.
Can Broner generate $3m an event through the rest of his physical prime (between the TV rights fee, the live gate generated with the Broner name, the international TV, etc)?
I don't think it's impossible, especially if he gets on a run (if Broner looks good in this coming fight, Broner would be 3-0, positioned to fight the winner of a likely Burns-Malignaggi fight, with either result delivering a big event)
Assuming that Broner gets by Granados, he'd have gone 4-1 since the Roc Nation deal was offered, with a 10-3/9-4 record over the full period not all that ridiculous, tbh.
Broner delivers one decent PPV event, and stays a consistent TV fighter over the deal, and I'm pretty sure that the Roc Nation offer gets covered pretty easilyComment
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