Comments Thread For: Canelo: Golovkin is Asking For More Than He Deserves!

[Progrssive_Jedi]

You seem like a smart guy so let me ask you this.... How much money do you really think the fight will generate?? You said Canelo wants 90% of the revenue but Canelo already offered g string 15 million. I think that's more than fair.
So how much do you really think the fight will gross? How many ppv buys?

I'll answer, but bare with me. Because Money will be coming from everywhere, all over the world. Well over 100m. And before you discount it, hear me out.

A common misunderstanding (not that you don't know) is how fights generate money. Canelo will bring a huge portion of ppv on his own. Fights he has with little known guys like Lara and Smith did around 300k. When he fought Cotto he had another star, did 900k. Now I can't imagine manynof those fans not buying.

And GGG will bring some fans who'd pay for his biggest fight. Along with the media hype as the biggest fight in boxing, I can see it doing 1m or more.

However, that alone isn't all the money. 15% of the Floyd/Manny profit came from international sales. Manny brought in Asia. Golovkin is huge in Europe.

That fight brought in $50 million from foreign tv rights. Maybe that's 8% of the 600m it made.

Brook versus GGG was aired all over. 6 million worldwide viewers for a ten o'clock am Central USA time fight.

Canelo is huge in the Latinand Hispanic part of the world.

Additionally, TV rights will come with sponsorship money. Canelo has his own brand and Tecate. GGG is signed by Jordan, Apple and Tecate (who just did a huge advert campaign). GGG has has Samsung abroad. All of them will want to be seen somewhere.

We never know exactly how much comes from these places, but it is a lot. In a fight this size, this much media hype. Last time the fight was poseible, Google and social media was buzzing.

This fight will have a huge worldwide audience, and it will be sold as an old times battle of real fighters. They'll sell it as boxing comeback fight from Floyd/Manny.

Plus products and Gate sakes.

So it's possible it can bring in 200m, and after everyone's cut the fighters could get 100m. That's 15%. I think it does much more.

But say it doesn't, then wouldn't Canelo be saving money by splitting it with ggg 70/30. If the fight only brings in 60m. By the time fighters get it they'd be splitting 40. That'd be 28m for Canelo 12m. Something like that.

De La Hoya is betting it is much bigger, giving GGG 15m is a gamble it brings in a lot.

[Scipio2009]

I don't know if what you're saying is accurate but let's say it is, mayweather and pac were in positions where they consistently generated 1 million buys regardless of the opponent. Canelo is not in that position. He's had only 2 successful ppvs and was the less established star in both cases. He hasn't cracked half a Mil as the A side so if he has an opponent that can bring in a Mil or even 800k as you say (which is double his highest ppv as an a side) why not grant the opponent at least a percentage?

Because Alvarez-Chavez Jr will likely end up generating 650k-750k PPV buys, a Cotto rematch will likely do near 1m PPV buys, and there are a handful of other fights that he can make that would top 400k-500k PPV buys, yet there's not a single fight that Golovkin can make (without Alvarez) that he can even take to PPV, let alone talk of doing big business on PPV.

That's the reality; Golovkin is almost 35 years old and, there's not another PPV fight for him to look towards were it not for the chance of Alvarez.

What reason is there to give him any piece of everything (knowing especially that 10% or 15% of everything is all that he's worth and will go un-acknowledged)?

[Scipio2009]

It's not a $60 PPV it's a $70 PPV. It will do 1 milli buys which is 70 mil. Plus the live gate?? It's pretty close but you won't see it because that would be acknowledging that it's a Bs split of 85-15. This is a 60-40 split for cantnelo not 85-15

Half of the PPV revenue goes to HBO and the cable distributors. And from there, the promoters have to get their taste on the event too.

$70m turns to $35m, which turns to $25m (cost of the event plus the promoter's share), of which Golovkin is taking $10m-$15m.

In what world is the fair share for a fighter who's only PPV event did $7m at the gate, 40% of the entire pot? lol

[QballLobo]

The fact that Schafer, Arum, Marquez, and others have publicly berated the flat fee is all that needs to be known. Team GGG has every right to refuse the flat fee and counter with a percent based agreement and that is all there is to it. Nothing anyone says here is going to amount to anything when then dust settled.

Sure they can refuse it all they want but there is no incentive for Canelo or GBP to offer anything different. BBB side can refuse $15 million flat and instead go make $2-3 million per fight as there are no other big money PPV fights for him. While Canelo can fight a number of different guys and make the majority of the money for the next decade.
They have no leverage to force what their team thinks is fair. They take what's offered or they don't get the fight.

[Jubei]

Hey Ginger Boy, DiBella just confirmed that your PPV buys are all much lower than advertised. GGG has all the belts, you got nothing except casual Mexicans, the rest of the world is behind GGG. Fair split or get lost and stay the laughing stock of Mexico. All the real Mexican boxingfans already laugh at you and make fun of you.

[Scipio2009]

You mean, Floyd, Cotto, Khan, Chavez Jr... Why you gotta be making up **** non stop?

If it's only doing 600-800k, there won't be any backend for him after those 15m, he'll there might not be much front end. Use your head for once, OK?

Khan got the UK rights on the fight, which he was able to monetize into a big chunk of his purse; we still don't know what Chavez Jr's share is going to end up looking like.

Alvarez wants to fight Golovkin, and Alvarez doesn't want Golovkin having a piece of any of his back-end money, full stop.

It's expensive, but $15m is the ceiling for what Alvarez is willing to give up to make the fight happen (while simply throwing in the 6 pounds to help make the fight).

If Golovkin doesn't want the fight, **** him.

[Scipio2009]

Hey Ginger Boy, DiBella just confirmed that your PPV buys are all much lower than advertised. GGG has all the belts, you got nothing except casual Mexicans, the rest of the world is behind GGG. Fair split or get lost and stay the laughing stock of Mexico. All the real Mexican boxingfans already laugh at you and make fun of you.

And you're believing that Golovkin actually did 150k PPV buys for the Lemieux fight? lol

[Erik1984]

If your employer paid you $20 an hour at beats
Would you take offer of $17.50 to work at BOSE due to being the A side!
I did not think so! If i knew GGG. Was going to be another Lara i would say hell no!!!! But GGG is coming to BEAT THE LIGHT OUT OFCANELO! Fear is greater than greed! Ask canelo

SO.... who is paying GGG more than 15 million ?? K2???? THATS your reasoning, K2 is paying GGG more than 15 million thats why GGG shouldnt take 15 million fro gbp .

[HeroBando]

Khan got the UK rights on the fight, which he was able to monetize into a big chunk of his purse; we still don't know what Chavez Jr's share is going to end up looking like.

Alvarez wants to fight Golovkin, and Alvarez doesn't want Golovkin having a piece of any of his back-end money, full stop.

It's expensive, but $15m is the ceiling for what Alvarez is willing to give up to make the fight happen (while simply throwing in the 6 pounds to help make the fight).

If Golovkin doesn't want the fight, **** him.

You're clueless. The UK rights are worth peanuts. Chavez at least gets a share to speak of, Canelo doesn't mind conceding upside to various bums, just none for the biggest fight in boxing.

It's not about ceilings, if this does 600-800k as your dumb a$$ keeps insisting, 15m is way over 50%. That's a horrific deal for Canelo and GBP, they're much better off offering 40% upside. Still no luck making sense eh

[HeroBando]

And you're believing that Golovkin actually did 150k PPV buys for the Lemieux fight? lol

Doesn't matter, stupid fcuk. If we believe Glaser, Canelo did 650k vs Cotto, 320k vs Khan and 200k vs Smith. Those are all poor, and dropping