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

[Lester Tutor]

If Golovkin loses to Jacobs will GBP even bother for this fight?

Saunders won'T fight Jacobs. Saunders rather fight Alvarez and lose the strap for another title shot a different day, or even move up to 168 and fight Eubank Jr.

Alvarez vs Chavez Jr. May
Alvarez vs Saunders Sep
Alvarez vs Jacobs Dec

if Chavez Jr. loses only way the rematch happens is at 168. Chavez Jr. can go for Zurdo's strap. Lots of money come forward

[JASON SHAW]

manny pacquiao turned down $40m at a time, when he was already getting $20m-$25m a fight.

Golovkin has never seen even $5m on a fight, yet he's supposed to easily turn down triple of even that? Lol

golovkin made around $8 million for the brook fight.....

[JASON SHAW]

pacquiao was making 20-30 mil a fight so mayweather's offer was 2x what he earned at best. Golovkin is making 2-3 mil per fight so canelo's offer is at least 5x what he usually earns. Nowhere near the same, can't compare the two.

ummm golovkin just made around $8 million to fight brook....

[Robbie Barrett]

golovkin made around $8 million for the brook fight.....

No he made the same as Brook, Hearn confirmed it before the fight in an IFLTV interview. It was revealed Brook earned £2.6 mil a few weeks ago. Stop making up numbers.

[Cinci Champ]

IF MANNY CAN TURN DOWN $40 MILLION FROM FLOYD THEN GGG CAN TURN DOWN A MEASLY $15 MILLION..... NO MORE MEXICAN DOUBLE STANDARDS

how is it double standards tho pac is a much bigger star then ggg its not even kind of the same. pac was at least close to mayweather ggg is not near as close to canelo. canelo is a much bigger star then ggg i know people dont like to hear that but its the truth. not to mention the ppv buys wont even be half what may pac was not even close people need to get may pac out their heads when thinking about canelo ggg cause the similarities stop before they ever start.

i wont be surprised if when all is said and done that chavez canelo sells more ppv then canelo ggg

[b00g13man]

$15m is likely to be better than any split Golovkin gets. I'd personally take it.

[Lester Tutor]

There are 4 million Filipinos in the USA. Healthy PPVs for Pac, and Filipinos are passionate for boxing, especially the Pac era, before losing to Floyd of course.

Canada has 2.8 million official HBO Subscriptions. 97K were all Canadians PPV buys.

There are 36 million residents in the USA whom identified as being full or partial Mexican.

Alvarez vs Chavez Jr. are marquee names for PPV.

On the drawing table, K2 are C side bidness

[zoken]

Let's assume the fight will generate $10 mil at the gate and 700k ppv buys, that's about $60 mil total money (using conservative estimate). If I am GGG, I turn down a $15 mil flat fee instead he should probably take something like $5 mil upfront + some % of the ppv

[Robbie Barrett]

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.

[Ray*]

I guess GGG lost is pen too, if we are going to believe the same people that criticise Eubank for losing his pen. At the end of the day both wants more money. Eubank wanted more money for his son, GGG wanted more money/split from the Canelo fight.