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

[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

Also you raise a good point on the UFC and how they handle the profits.

That is why ZUFFA sold UFC,at seemingly an all-time high.

The future is dubious, and up in the air regarding their profit-sharing. Fighters are starting to organize, etc.

And after McGregor making waves, and calling his own shots (somewhat, for the UFC anyway), it's gonna set a precedent.

So the Fertitta brothers didn't know how certain the future was for them continuing to clean house on the fighters regarding profits/profit-sharing.

[snoopymiller]

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

It was exposed in the Haymon deposition that GBP'S only profit came from piggybacking off Canelo fights. LOL

[Cinci Champ]

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

dont worry these boxing fans spew everything they hear from the boxing writers who are basically paid to smear pbc. it really is funny how quiet they are with the gbp pbc case all the sudden

[eco1]

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.

Compare that to what you make.

[snoopymiller]

Compare that to what you make.

Ahahahahaha! Emotional loser

[brettWall]

Promoters would be lucky to even make profit these days. Fighters when they get near the top demand astronomical sums of money. That's why promoters should constantly recruit new faces to compensate for this as the more the fighter gets popular the less promoters make money.

[daggum]

positive 10 million dollars or negative 400 million.

[The Big Dunn]

Since when is $10 mil profit a bad thing?

[WesternChamp]

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

still doesn't change the fact that they lost over $400 mil alone last year. and you're on here laughing at TR and GB for only making a profit of $10 mil?

+$10 mil > - $400 mil

[snoopymiller]

Since when is $10 mil profit a bad thing?

When you compare it to other REAL sport en****** like NFL, NBA, MLB, Hockey...

He'll even the Professional Bull Riding league makes more. It's a bit sad that fans tout GBP & TR as "big" when they are nothing compared to all other sports organizations.