Comments Thread For: Judge Rules Against Golden Boy in Its Lawsuit Against Al Haymon

[snoopymiller]

that's only on the time buy events haymon doesn't take a commission on. a manager is allowed to invest money for the purposes of marketing his talent. that does not make him a promoter. it would not violate the ali act for haymon to buy a billboard and put deontay wilder's face on it and it doesn't violate the act for him to buy a time slot on FOX and put deontay's face on it.

but that doesn't mean haymon has a financial interest in the promotion of the boxer because he's only making his money from management fees. he's not profiting from any other aspect of the events.

He will profit quite handsomely if PBC is successful and sells for $5 billion down the line... but that's a different discussion altogether

[OnePunch]

"I also wouldnt mind seeing promotional contract completely done away with. It will never happen, but it would be nice. If that happened then promoters could get back to promoting, leaving the talent building to the managers. Thats the way it USED to be before promotional contracts existed. Managers would fund the development of their stable, and promoters would promoter. But somewhere along the way most managers quit funding the fighter development, and that burden fell on the promoters, who created promotional contracts as a means of recouping their investments."


so basically what you want is EXACTLY what haymon is doing . . .

Haymon is controlling event revenue. I believe my position is quite clear on that

[OnePunch]

that's only on the time buy events haymon doesn't take a commission on. a manager is allowed to invest money for the purposes of marketing his talent. that does not make him a promoter. it would not violate the ali act for haymon to buy a billboard and put deontay wilder's face on it and it doesn't violate the act for him to buy a time slot on FOX and put deontay's face on it.

but that doesn't mean haymon has a financial interest in the promotion of the boxer because he's only making his money from management fees. he's not profiting from any other aspect of the events.

it would if he sold tickets to look at that billboard.

[original zero]

Haymon is controlling event revenue. I believe my position is quite clear on that

yes, you've made your position quite clear on your fantasy conspiracy theory of how he handles revenue, which is completely false and you have no evidence or proof. just a paranoid delusion you imagined.

[snoopymiller]

Haymon is controlling event revenue. I believe my position is quite clear on that

The main question is what business related alternative do you propose to what Haymon is doing?

It's clear you have your reservations about the PBC model but you have yet to propose an alternative to counteract the dwindling top end money...

[OnePunch]

All of this doesn't address the actual issue of finances.

What is your business alternative to a dwindling HBO budget and a lack of network investment in boxing today?

And no... I don't think if all the non business oriented objectives (they are sport/regulatory oriented) you proposed were carried our that HBO would increase their budget or networks and sponsors would suddenly feign interest in the sport.

its actually a self-inflicted injury. Promoters got soft and instead of actually PROMOTING, they were content to take the tv money and a site fee and then just show up during fight week for the presser. Thats not what "promoting" is about. But thats not your question......

As to dwindling premium cable money, obviously that will result in significant purse reductions across the board. Promoters cant shift EVERY fight to PPV, and Haymons seed money wont last forever.

And you are correct, HBOs budget issues are not regulatory related. Im not sure anyone knows for sure what the landscape would look like if HBO withdrew from boxing. I do know one thing, it wouldnt look good for GBP or Top Rank lol

[snoopymiller]

its actually a self-inflicted injury. Promoters got soft and instead of actually PROMOTING, they were content to take the tv money and a site fee and then just show up during fight week for the presser. Thats not what "promoting" is about. But thats not your question......

As to dwindling premium cable money, obviously that will result in significant purse reductions across the board. Promoters cant shift EVERY fight to PPV, and Haymons seed money wont last forever.

And you are correct, HBOs budget issues are not regulatory related. Im not sure anyone knows for sure what the landscape would look like if HBO withdrew from boxing. I do know one thing, it wouldnt look good for GBP or Top Rank lol

Still offering no alternative...

At least offer something, anything other than just pure criticism of the Haymon model.

[OnePunch]

The main question is what business related alternative do you propose to what Haymon is doing?

It's clear you have your reservations about the PBC model but you have yet to propose an alternative to counteract the dwindling top end money...

I just dont think there is a "quick fix", or if there is I cant think of what it might be.

To get mainstream appeal back, boxing has to regain its credibility. That will take time. LOTS of time.

[snoopymiller]

I just dont think there is a "quick fix", or if there is I cant think of what it might be.

To get mainstream appeal back, boxing has to regain its credibility. That will take time. LOTS of time.

Nobody said that there was a "quick fix".

Haymon's PBC is obviously not a "quick fix" plan either.

That's why I ask you... what is YOUR alternative other than criticizing the ONE guy who is attempting something other than the norm of ESPN/Spanish network build up to HBO/PPV.

[OnePunch]

Nobody said that there was a "quick fix".

Haymon's PBC is obviously not a "quick fix" plan either.

That's why I ask you... what is YOUR alternative other than criticizing the ONE guy who is attempting something other than the norm of ESPN/Spanish network build up to HBO/PPV.

well I dont think that part of the model is flawed. You seem to think that the Telemundo / ShoBox level fights are a joke, but they are an integral part of fighter development. They are pretty much the same as AAA baseball. They feature alot of good mid-level guys and developing talent on their way to "the bigs".

What you are asking is where an alternate revenue stream can be found that would fill HBOs void. I do not think that source exists. Like I said before, Haymons seed money wont last forever, and I do not believe he will get some magical multi billion content deal. Zero believes he will. And maybe he's right. I dont know. But I doubt it. Once you devalue your content to zero, its somewhat hard to convince someone that its worth billions. But again, purely speculation.......