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yeah you are right that is why Al Haymon didn't force a purse bid lmaooooo. He easily could have but he wasn't gonna put up all that cash to just pay ggg. You are such a moron. Was al gonna put up 4 mil so that Jacobs would get 1 mil? Or put up 8 mil so Dannie could get 2 mil? Thats a little to rich for the sinking ship of PBC's blood. Dannie can make 2 mil without GGG. He needs a way to get to 3 mil and PBC just cant afford to give Danny 3 mil and GGG 9mil which is the required purse bid to get Dannie to 3 mil.
Its all good bro. Broner turned down 4 mil a fight from RNS so we stay schooling your punkassComment
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Them yanks keep wishing for golovkin to be defeated.....its aint gonna happen just face up to the factsComment
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No one knows what Daniel Jacobs is getting for the fight; the press release following the announcement made it absolutley clear that K2 would've been over the barrel (with their broadcaster and their preferred venue) had the bid come up bust for them, so let's wait till those rumors get out there.
If Daniel Jacobs really is getting a guaranteed $3m (plus some possible event upside), on an event that K2/HBO are fronting the costs for (after Golovkin's first PPV flopped the way it did), Haymon's done his job (Daniel Jacobs gets a big fight, Jacobs gets fair money for the fight, the cost risks are born elsewhere, and Jacobs is a live underdog in the fight against a 35-year old middleweight who had over 350 amateur fights).
If Haymon/DiBella did put up $4m, however the split went, DBE would've had an event that would've sold out Barclays Center, drawn a sizable investment from Showtime Sports, and would've been the type of showdown to draw Sky Sports to the table over the UK TV rights, among other revenues; Golovkin-Jacobs will clear well in excess of $4m, so Daniel Jacobs would end up with his $1m purse, plus a significant share of the proceeds on the actual event beyond costs.
Use your head; a sold-out 18k-seat Barclays Center, financial commitment from Showtime for the US TV rights, Sky Sports vs BoxNation for the UK TV rights, Brooklyn Sports & Entertainment marketing the event, sponsors interested in a NY fight, etc.
Budget out the revenues, bid a bit above the breakeven (assuming the event does a bit better than you can comfortably predict, and give Daniel Jacobs the best stage possible to win the fight (doubt that DiBella would get anywhere near what Golden Boy was able to do in Montreal, but I wouldn't be surprised to see Harvey Dock as the referee, with three new York judges scoring the fight in Brooklyn).
Broner turned down Roc Nation's offer to bet on himself; it hasn't paid off just yet, but Broner is still all of 27 years old, is positioned to have a pretty big event for the WBA belt (against the Burns-Malignaggi winner), and will take the lion's share of the money in a fight against Terrence Crawford.
Broner wins that fight (6-2 above 135lbs, but how good he can actually be is still in flux) and Broner is laughing in your face (AB Promotions, being lead promoter for Broner's own fights, likely clears $7m-$10m a fight, for as long as Broner is still winning).
hard to school anything when you don't know what the **** you're talking aboutComment
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u keep schooling yourself lmaooo. You talk about how if Showtime got the fight that Sky UK would pay a significant amount. You Sherlock Sky has nothing to do with Showtime or Barclays or DiBella LMAAOOO Them and Box Nation will still have a bidding war for the fight.
Bottom line is this genius. If Al could have afforded to get the fight and bring to Showtime or PBC or SHO PPV he could have let this go to purse bid where Dannie would only get 25% of the money. This is HBO ppv. HBO has zero invested. It is all on K2 and K2 would have put up a bid of 5mil at least for this fight since it will be on ppv. If Al bid 6mil Dannie only gets 1.5 mil which isn't much more than he is making now.
Al knows Dannie won't fight GGG for that so the only way he could have got the fight would to be to have bid at least 10 million in a purse bid situation but he's not going to commit 7.5mil to GGG of his rapidly shrinking bankroll.
This way he just rented out Dannie the same way he did Arroyo, Molina, Rocky Martinez and Khan. He can sacrifice another of his guys and get them a good payday without having to touch his diminishing bankroll.
The only way this fight would ever have made it to Showtime or SHO PPV was to win a purse bid but Al wasn't in position to make that happen or he would have. Period. Point blank. Sonned.Comment
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Never said anything about Sky PPV; simply making the point that Golovkin-Jacobs is the type of fight that would draw the interest of Sky Sports, inherently making the UK TV rights worth more to the promoter (BoxNation needing content would've likely picked up the show if Sky wasn't interested, and I'd imagine that their deal of buying so much content from HBO would've gotten them a better deal on a fight where they are the only party interested in broadcasting it.
In this purse bid situation, Daniel Jacobs isn't entitled to 25% of the money; he'd be entitled to 25% of whatever the winning bid rights were, plus a share of the upside on the actual event that his camp had put on. By your ****** logic, David Lemieux was supposed to earn all of $50k, rather than the $1m+ that he ended up getting for the N'Dam fight.
$6m splits however the WBA rules mandate the split to be, but DiBella Entertainment would then have to take the fight that they purchased and max out the revenues; easily over $2m for the live gate at a soldout Barclays Center, likely another $1m in sponsorship/merch sales from Brooklyn Sports and Entertainment, the international TV money, event sponsorships in NYC, and then the money from the US TV (expecting $6m-$7m cleared off of the US PPV isn't ridiculous).
$6m for the bid, $1m to stage the fight/pay the rest of the card, and then the event ends up clearing $9m. Gets his $1.5m, plus a share of the $2m netted out by DiBella Entertainment after covering everything (splitting the net 50/50, Jacobs ends up with $2.5m on the fight).
If Golovkin actually ends up being the star that his fans love talking about him being, the take on the event goes up even higher for Jacobs (since the negotiations went bust, Golovkin is not entitled to another penny on the event); 300k PPV buys, at $55sd, puts the PPV revenue at over $8m, with ticket pricing pushing the gate up to $3m, etc.
Fight clears $10m, Jacobs ends up with $3m, etc.
keep ignoring logic if you want.Comment
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so ggg gets 7 and jacobs 3mil? u are almost right. It is 7.5 mil to 2.5 mil because of the mandated purse bid by the wba. That being said Al didn't want to go to purse bid and guarantee 7.5 to GGG or else he woud have.
2mil gate at Barclays when Quillin Jacobs didn't even do 1 mil in front of Jacobs hometown fans. I know know GGG has 3-4x the drawing power of Jacobs in NY but not sure it will reach over 2 mil. Should be a solid gate though. But like I said and you pretty much just said, you have Jacobs getting 30% instead of 25%. We don't know the details but I bet Jacobs ended up between 30-35% of the split. More likely at 35%Comment
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The purse split only applies to the money listed in the bid, not the event; Oscar De La Hoya paid $100k for N'Dam-Lemieux, yet the actual revenues on the fight were so much that Lemieux ended up getting $1m (with N'Dam only getting the $50k due to him).
It wasn't on Haymon to go to purse bid, and you know it; the date of the bid was set (after the WBA had already given K2 several extensions and even letting their own timeline pass to give K2 (promoter of the top WBA champion) more time to negotiate. With K2 finally under the real clock, as this likely won't be confirmed until the purse disclosures get rumored at, K2 finally paid Jacobs his money, rather than risk the fight going to bid and seeing their whole MSG/HBO March 2017 plan go to ****.
Jacobs-Quillin, if the rumors are true, ended up selling 7,000-8,000 tickets for their fight; hate if you want, but even to this day, no one has any idea how many actual tickets Golovkin sold in New York for the Lemieux fight.
Golovkin has had 5 fights in NYC, four fights at MSG, and two fights in the big room; Daniel Jacobs has clearly demonstrated that he can sell tickets as the headliner for a fight in Brooklyn, NYC.
You add that the fight is almost literally #1 MW vs #2 MW, that both guys are known in NYC/in the NY boxing audience, and that Daniel Jacobs can comfortably be put out front, working the press rows, to draw more press interest in NYC, the fight is quite likely to actually sell out the 18k-seat Barclays Center. With the tickets priced $1000-$100, the gate should be fine.
Daniel Jacobs, in his 33 career fights, has had all of 7 fights in NYC (all of 10 fights on the East Coast); to try and play off Jacobs like he was Gatti or something (Gatti had 30 of his 49 fights in his home state of New Jersey, with all but two of his fights not being on the East Coast) is embarrassing,Comment
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