Comments Thread For: Canelo Says Golovkin Given Good Offer, Not Being Reasonable

[Shadoww702]

There will always be a reason not to fight, especially if you want to keep alive the illusion that you could win. If Canelo really wanted to prove he's the best, he would have fought GGG a long while back. He either has to fight him going forward or going backward, and neither option seems that appetizing. I understand that. He does have another mixed option; Fight him like Duran fought Hagler, stay at the end of his range and clip him with counters as he closes. The problem; Canelo is a decent counter-puncher, but he damn sure ain't Duran. Good Luck!

I could say the same thing about GGG?? If he really thought or wanted to be the best he would of fought Andre Ward instead of just calling him out! He would take the $15 million and say Thanks Canelo your paying me an INSANE amount to Knock YOU the F OUT!!! Dummy Canelo!

[SensFullViolenc]

However, I do tend to agree that GGG should just accept possibly getting shorted and take the $15M (assuming it was a real offer). Beating Canelo would make him a bigger star.

If we knew Canelo didn't have any other options, Team GGG could drive a hard bargain and keep negotiating. Realistically, if GGG beats Jacobs, what other options at MW does he have?

But Im afraid that GBP wont want to risk their cash cow, and would gladly make a Cotto fight instead. It wont do as well as GGG fight, but the risk is sooooo much less.

We shall see. My prediction -- like someone else posted -- is that GBP announces that GGG is being unreasonable and they make a Cotto rematch.

[SensFullViolenc]

Truth is, if Gennady physically buckled with a turtle guard for Brook's shots, I mean it's common sense that Golovkin is going to be staggering around and the judges will note that as well as the cheering crowd. LOeffler is trying to cash out on the fight. That's reasonable.

Like I said, I've got Alvarez beating Golovkin. Just too big, young, has the right to dictate terms and not share some high demanding split for a guy who relied on 97k Canadian PPV buys.

lol dude. Yeah Brook had GGG covering up so much he was totally ineffective in his offense. The beatdown Brook experienced was a total fluke.

[Shape up]

Where is some info on the amount offered and is it confirmed, the only info I've seen is that they made a lucrative offer to GGG and it was 8 figures, are they counting the $ sign, who knows, either way I wouldn't trust anything Oscar said, maybe oscars maths is as good as issacs who has repeatedly remarked that he was offered 5x his highest payday, he earned 5 million against brook so does that mean he's been offered 25 mill for canelo, I don't think so

[QballLobo]

Bottom line is if BBB side doesn't accept the offer than it doesn't hurt Canelo at all. There are plenty of fights for him over the next decade for him to be the A side and make big money.
BBB side has no other options to make $15 million for one fight. None.
I negotiate contracts for a living and leverage is all about who has options. There is not a scenario where GBP or Canelo needs to offer BBB side a dime more than they already have. In fact if the BBB side/Jacobs fight does low numbers, which is highly likely, and the Canelo/Chavez Jr fight does close to or over 1 million buys, which is a possibility but unlikely, than they may reconsider that $15 million and offer BBB side what he's actually worth based on what he brings to the fight.

[kafkod]

I'll leave this article here for all the posters that think they know what they're talking about with PPV money but really don't (there will be lots).

Business of Boxing: How Does the Pay-Per-View Deal Work?

by Charles Jay

Where does the money go when a fan plunks down $49.95 to see a pay-per-view fight on television? Does it go directly to the fighters? Does it go into the hands of promoters? What role do the networks play? Maybe this piece will, in a basic sort of way, shine some light on it for you.

As the apparatus of pay-per-view has matured, it has evolved into a process that customarily works like this: the promoter will make a fight between two combatants, along with an undercard to support it. He approaches the pay-per-view distributor, like HBO PPV or Showtime PPV (or the new entrant, Epix) with that fight, and the distributor makes the decision as to whether to carry it or not. If the fight gets the green light, the distributor goes to work clearing the fight with the MSO’s (multiple system operators) who control virtually the entire cable universe. These include companies like Time Warner, Cablevision, Comcast. Cox and Charter.

The cable systems are in on the deal; that’s their price tag for carrying a certain amount of weight on the local and regional level. They are going to run commercials for the event, and sometimes the promotional materials can be provided by the promoter, although often the cable people will put together their own, because they may have certain special promotions they will do in association with the event.

The standard breakdown as far as money is concerned is a 10% fee off the top for the distributor, with 45% each for the cable system and the promoter. So when you see a price tag on a fight, you know that the promoter will get about 45% of that.

Let’s say a fight is priced at $49.95, which for the sake of simplicity we are going to round up to $50. If it’s HBO PPV that is being used, HBO is not a party that is at risk as far as the fight itself is concerned but will take the 10% fee off the top ($5). The promoter and the cable companies both wind up with $22.50 per “sub” (or subscriber).

If a fight sells a million pay-per-view subscribers, HBO’s pay-per-view arm will get $5 million and the promoters will pocket $22,500,000. If that level of revenue, along with the other revenue streams (live gate or casino site fee, merchandising, international rights, etc.) did not meet what the promoter guaranteed the fighters, well, let’s just say that would be an unfortunate occurrence.

Thanks for this info, it's valuable to some trolls who say GGG should ask for a percentage.

Wow ... what an ungrateful punk GGG is, rejecting St Oscar's attempts to pay him as much as he possibly can for this fight ..

[Lester Tutor]

lol dude. Yeah Brook had GGG covering up so much he was totally ineffective in his offense. The beatdown Brook experienced was a total fluke.

Don't get spooked, son. You see the cushioning from Golovkin's ''custom'' Grant's? Golovkin gonna feel it when them Everlast's touch his lips.

[filup79]

Where is some info on the amount offered and is it confirmed, the only info I've seen is that they made a lucrative offer to GGG and it was 8 figures, are they counting the $ sign, who knows, either way I wouldn't trust anything Oscar said, maybe oscars maths is as good as issacs who has repeatedly remarked that he was offered 5x his highest payday, he earned 5 million against brook so does that mean he's been offered 25 mill for canelo, I don't think so

Only reason he made 5 mil against Brook is because Eddie Hearn was the promoter and was paying out the purses. GGG will not be making that much money from K2 as lead promoters. K2 could only afford to payout around 2 mil to GGG and even less to any top fighter fighting GGG. Only way GGG makes any good money north of 5 mil is if he fights Canelo.

[Mequetrefe]

lol dude. Yeah Brook had GGG covering up so much he was totally ineffective in his offense. The beatdown Brook experienced was a total fluke.

Yeah bro, if GGG kept getting hit with them cheekbones on his fist, he would probably have landed in the hospital in need of surgery.

[kafkod]

Bottom line is if BBB side doesn't accept the offer than it doesn't hurt Canelo at all. There are plenty of fights for him over the next decade for him to be the A side and make big money.
BBB side has no other options to make $15 million for one fight. None.
I negotiate contracts for a living and leverage is all about who has options. There is not a scenario where GBP or Canelo needs to offer BBB side a dime more than they already have. In fact if the BBB side/Jacobs fight does low numbers, which is highly likely, and the Canelo/Chavez Jr fight does close to or over 1 million buys, which is a possibility but unlikely, than they may reconsider that $15 million and offer BBB side what he's actually worth based on what he brings to the fight.

So why doesn't he keep his trap shut about GGG and get on with his own stellar career?