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

[batista84]

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

Did u factor the income of Satellite provider? HBO? Investors? Fighters crew, taxes, promoters?

You think all money goes to fighters????? just askin'

[batista84]

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.

[kafkod]

I fail to understand how a guy who is not a PPV draw turns down $15 million guaranteed.

Take the money and kick Canelo's ass if you can. If you win you can dictate terms for the rematch.

And even if you lose you just made more than most boxers will ever see in their entire lives.

Well Chavez took the bluff and now is fighting Canelo, GGG should do it too and then beat the **** out of him, don't u think so?

Maybe he will ... when the time comes. But the fight isn't happening till Sept, whatever Golovkin does now.

[PoserExposer]

I say F Canelo, go after the last belt and destroy BJ Saunders. All roads lead to Canelo right now until GGG wins all the belts then the roles change. Sooner or later Canelo will become his mandator regardless.

[davidw9785]

I fail to understand how a guy who is not a PPV draw turns down $15 million guaranteed.

Take the money and kick Canelo's ass if you can. If you win you can dictate terms for the rematch.

And even if you lose you just made more than most boxers will ever see in their entire lives.

Yeah, I'm a GGG fan, and this is how I feel about it. I hope GGG takes as much as he can get, puts the same kind of beat down he put on Curtis Stevens, and moves up in weight. After he fights Canelo, I don't really want to see him hang around at 160.

Take the money, beat down Canelo, and move up. Tell Tom to make it happen this September at Cowboys stadium!

[Shadoww702]

I fail to understand how a guy who is not a PPV draw turns down $15 million guaranteed.

Take the money and kick Canelo's ass if you can. If you win you can dictate terms for the rematch.

And even if you lose you just made more than most boxers will ever see in their entire lives.

You and me both??? And its not like GGG is going up in weight??? It's to fight a guy who has never once fought a true MW and started out at 139lbs. GGG has been a MW his whole career so be has to make ZERO adjustment to training, eating, getting used to getting hit by stronger guys and needs big sparring partners. All GGG has to do is show up for a few promotions and the night of the fight to collect an EASY $15,000,000. And Abel already said Canelo would be am EASY fight???

[topo5358]

Stop talking and start fighting

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!

[Shadoww702]

because ''boxing'' fans say Golovkin is the face of boxing which is why he deserves more. 75/25 was for DLH vs Hopkins, and Hopkins even dropped in weight to make the fight happen. Bernard said he wanted to beat the ''Golden Boy'' who was the face of boxing.

Every B side who became an A side had to accept things they disn't like for that 1 shot. Why won't GGG just accept his role and become great???

ESPN will probably do a 30 for 30 about what could of been GGG career if he just accepted to be the B side to Canelo. Instead of demanding crazy $$$$$$. This is why EVERYONE has a problem getting g fights with GGG. You have to just stop and look at the one consistent equation??? Saunders, Eubank jr, Chavez jr, Ward, Canelo, heck even Jacobs had a HELL of a time making fights with GGG. All these fights come down to $$$

[SensFullViolenc]

Maybe he will ... when the time comes. But the fight isn't happening till Sept, whatever Golovkin does now.

This. Do people not realize that its February? And both dudes have OTHER PPVs before then. The negotiations WILL NOT BE FINALIZED until after the May fight --- bc it doesn't make sense to finalize before then. Until then, its all preliminary negotiating posturing, which many of you will hang on every word.

Y'all don't think their PPVs' performance will affect the negotiations? What if GGG's PPV bombs, while Canelo's PPV blows up? What if the opposite happens.

Bu the Canelo posturing is kind of silly. "DEJAN LAS MAMADAS!! I WILL FiGHT YOU!! ummm, but not until Sept. 2017. BUT sign the contract NOW, YOU COWARD!!

My only fear is that Team Canelo will say, "GGG is being completely unreasonable" and make Canelo - Cotto II for Sept. instead. This posturing by Canelo/GBP could be indications of that.

[Lester Tutor]

Every B side who became an A side had to accept things they disn't like for that 1 shot. Why won't GGG just accept his role and become great???

ESPN will probably do a 30 for 30 about what could of been GGG career if he just accepted to be the B side to Canelo. Instead of demanding crazy $$$$$$. This is why EVERYONE has a problem getting g fights with GGG. You have to just stop and look at the one consistent equation??? Saunders, Eubank jr, Chavez jr, Ward, Canelo, heck even Jacobs had a HELL of a time making fights with GGG. All these fights come down to $$$

The reality is if you compare the upper torso from Alvarez to Stevens, Wade, Rosado, Lemieux, ''Brook,'' then would know the risk involved for K2. We've heard countless sparring stories of fighters going at it in the gym and writers reporting about it as well as general rumor gossip that eventually has trainers recounting what happened. Be it that Alvarez and Gennady were sparring pre 2011, Fischer recounted that both stood their ground. Perhaps 60/40 in favor of Gennady.

However, that was a 21-22 year old Alvarez who has literally grown in size and has accelerated his in ring IQ, which any industry expert would be able illustrate the contrast between fights, so be it because it is Alvarez' experience in the ring. It was very hard for Alvarez losing his 0 to Mayweather, but that's his own damn fault for doing it at 152. It at least gave him the work needed to be better and make some great cash PPV merit.

Fast forward to 2016-2017. You've got K2 not agreeing to to GBP's terms. Abel has calmed down as of late...too much heat and pressure on the K2 camp in the last year. Gennady is aging. Abel says that Kovalev didn't do anything in sparring against Golovkin, and I haven't heard ANYTHING in media or press where Abel stated that Golovkin made easy work with Alvarez. INstead you hear Abel say Ryan Coyne and Angulo were their best sparring sessions to date..

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.