Top Rank and GBP combined net profits... less than $10 million

[snoopymiller]

These 2 promotional companies are considered to be the "biggest" in the US other than Haymon and they make less than $10 million in net income annually.

Business wise this is micro-cap size. Puny compared to other sports.

It's good that PBC is finally making the moves to grow US boxing into its full potential as a legitimate entity.

[PK3434]

So they made money? Most boxing promotional companies lose money. The boxing business is difficult because the fighters get such a high percentage of the revenue. I believe its like 80/20. UFC is more like 20/80

[snoopymiller]

So they made money? Most boxing promotional companies lose money. The boxing business is difficult because the fighters get such a high percentage of the revenue. I believe its like 80/20. UFC is more like 20/80

Compare that $$$ to the Professional Bull Riding league.

Boxing loses if it relies on GBP and TR LOL

[brettWall]

Any net profit from PBC? We have to have comparisons, you know.

[PK3434]

Compare that $$$ to the Professional Bull Riding league.

Boxing loses if it relies on GBP and TR LOL

There are room for other companies. It is just extremely difficult for them to be profitable. That is my point.

[-PBP-]

Don't pay attention to net income for private companies. You don't know how much the officers are taking out in salary and what **** they are spending on to avoid paying taxes.

[WesternChamp]

I thought pbc lost over 400 mil or something last year?

[Cheek busting]

So they made money? Most boxing promotional companies lose money. The boxing business is difficult because the fighters get such a high percentage of the revenue. I believe its like 80/20. UFC is more like 20/80

Standard promoter's cut is 27%. That is what I saw that Arum was getting- I'm sure it's pretty similar for all promoters.

[snoopymiller]

Simple minded folks that still don't get it.

PBC is in the process of building a HUGE entity. Takes time and $$$. In the end it will be 100X bigger than TR and GBP combined. #facts

[Cinci Champ]

what u believe these numbers? no chance they only make 10 mil in profits