Comments Thread For: Loeffler Confirms Golovkin-Jacobs Did About 170K PPV Buys

[Shadoww702]

because I understand contracts, and I can do simple math.

First off, ANY guarantee that high is suspect, because its not Golden Boys money. Golden Boy and Canelo have an 80-20 net revenue split. Do you REALLY believe that Canelo would be willing to take a pay cut and pay GGG from his own pocket if the event underperformed? Do you really believe that? Because after the guaranteed purses and expenses are paid, GBP and Canelo split the net 80-20, so think about that for a second

Secondly, lets assume for a second the guaranteed revenue is actually guaranteed. In order to guarantee THAT kind of money, Golden Boy would have to hedge by maybe limiting rematch revenue to GGG, or demanding options, or something that would let them recoup if the event lost money. They are not a 501C3 and are not in the business of losing money.

And thirdly, lets continue to assume that the guaranteed revenue is actually legit. Then WHY ON EARTH would GBP be so opposed to dropping the guarantee amount and switching to a revenue split? In MY opinion, GGG would net LESS than $15 million on a revenue split, based on my own personal estimates of what the event would likely do. But it seems both GBP and K2 think the potential is there for it to do much better, or neither side would be taking their current positions. Why would GBP be willing to pay $15 million, if a revenue split would likely only mean $10-11 million to GGG? Can you explain that? Do they like GGG enough to just give him $4 million for the **** of it?

Cmon man, use your head.

That was funny??? But at LEAST we BOTH agree GGG taking $15,000,000 will be better than any split he will get.

[OnePunch]

That was funny??? But at LEAST we BOTH agree GGG taking $15,000,000 will be better than any split he will get.

if it was a clean deal, then if I were his advisor I would definitely recommend that he take the money rather than spending the 6 months after the fight arguing with GBP over revenue disclosures, undercard expenses, etc. Take your $15 mil and go on about your business.

But that is IF, and only IF, it was a clean deal. I STRONGLY suspect it isnt. But thats just my opinion. I havent seen the offer sheet and am basing my opinion on the years I spent reviewing bout contracts from King, Dibella, Golden Boy, etc etc, and I know the kind of nonsense that can get put in those contracts.

The other factor to consider is perhaps K2 and GGG truly believe in the event, and believe they will net more than $15 million on a revenue split. I happen to disagree, but there certainly isnt anything wrong with that line of thinking, and if they are willing to waive their guarantee in lieu of a percentage split, then thats their choice.

[aboutfkntime]

Lennox lewis had a purse of $17.5 million when he beat tyson

a 17.5mil guarantee ?

Canelo/GGG cannot compare to that heavyweight super-fight

Tyson and Lewis were huge

offering Golovkin 15mil was insane

god knows how they did that ?

god knows how Golovkin could refuse ?

this is an absurd conversation in my book

what an absurd reason to justify stalling/killing the fight

don't wanna hear none of that, GGG got old, crap..... and definitely don't wanna hear none of that, Canelo waited for GGG to get old, crap..... some of us are dying of old age waiting for Golovkin to be offered a RIDICULOUS fortune, because a HUGE fortune is not enough for him LOL

[aboutfkntime]

because I understand contracts, and I can do simple math.

First off, ANY guarantee that high is suspect, because its not Golden Boys money. Golden Boy and Canelo have an 80-20 net revenue split. Do you REALLY believe that Canelo would be willing to take a pay cut and pay GGG from his own pocket if the event underperformed? Do you really believe that? Because after the guaranteed purses and expenses are paid, GBP and Canelo split the net 80-20, so think about that for a second

Secondly, lets assume for a second the guaranteed revenue is actually guaranteed. In order to guarantee THAT kind of money, Golden Boy would have to hedge by maybe limiting rematch revenue to GGG, or demanding options, or something that would let them recoup if the event lost money. They are not a 501C3 and are not in the business of losing money.

And thirdly, lets continue to assume that the guaranteed revenue is actually legit. Then WHY ON EARTH would GBP be so opposed to dropping the guarantee amount and switching to a revenue split? In MY opinion, GGG would net LESS than $15 million on a revenue split, based on my own personal estimates of what the event would likely do. But it seems both GBP and K2 think the potential is there for it to do much better, or neither side would be taking their current positions. Why would GBP be willing to pay $15 million, if a revenue split would likely only mean $10-11 million to GGG? Can you explain that? Do they like GGG enough to just give him $4 million for the **** of it?

Cmon man, use your head.

I don't really get your point.

15mil is a HUGE risk imo

god knows how they could possibly offer Golovkin that much money?

if Golovkin makes 15mil, then Canelo makes 30mil..... which would mean the network split would be about 40mil

they will have to sell 1.3mil PPV's at $70 per buy to make that kinda money

that fight won't sell 1mil imho, or even close

why on earth wouldn't K2/Golovkin call Oscar's "bluff"?

why won't they take that HUGE fortune ?

[aboutfkntime]

if it was a clean deal, then if I were his advisor I would definitely recommend that he take the money rather than spending the 6 months after the fight arguing with GBP over revenue disclosures, undercard expenses, etc. Take your $15 mil and go on about your business.

But that is IF, and only IF, it was a clean deal. I STRONGLY suspect it isnt. But thats just my opinion. I havent seen the offer sheet and am basing my opinion on the years I spent reviewing bout contracts from King, Dibella, Golden Boy, etc etc, and I know the kind of nonsense that can get put in those contracts.

The other factor to consider is perhaps K2 and GGG truly believe in the event, and believe they will net more than $15 million on a revenue split. I happen to disagree, but there certainly isnt anything wrong with that line of thinking, and if they are willing to waive their guarantee in lieu of a percentage split, then thats their choice.

aah ok, now I get your point


regarding your other comment..... "perhaps K2 and GGG truly believe in the event, and believe they will net more than $15 million on a revenue split. I happen to disagree"..... I agree with you..... they are dreaming/lying if they think that a percentage would make significantly more than 15mil..... surely they should just say fk it, and accept the 15mil offer simply to secure the fight?

[lex_fugitive]

G has absolutely no leverage with Canelo at all. Canelo offered a contract, if G would quit ducking we could see Canelo-G.

Ok, so we know how big a star G is, he can get between 150-170k ppvs. Which can keep getting him $2-$2.5 million a fight. We also know hbo isn't going to show yet another G mismatch. If G fought Canelo he would make what, $10 million? at least?

[DeLorean]

if Canelo was from Kazakhstan and GGG from Mexico... GGG would be the A side and face of PPV. period.

[The plunger man]

a 17.5mil guarantee ?

Canelo/GGG cannot compare to that heavyweight super-fight

Tyson and Lewis were huge

offering Golovkin 15mil was insane

god knows how they did that ?

god knows how Golovkin could refuse ?

this is an absurd conversation in my book

what an absurd reason to justify stalling/killing the fight

don't wanna hear none of that, GGG got old, crap..... and definitely don't wanna hear none of that, Canelo waited for GGG to get old, crap..... some of us are dying of old age waiting for Golovkin to be offered a RIDICULOUS fortune, because a HUGE fortune is not enough for him LOL

The fight should be a percentage split....simple as that, if it sells great they do great and if it bombs then they both bomb

[aboutfkntime]

The fight should be a percentage split....simple as that, if it sells great they do great and if it bombs then they both bomb

I don't have a problem with that

my issue is..... YOU have a problem with 15mil, which could be MORE than Golovkin receives from a percentage split

how could you possibly use that as justification to stall/kill the fight?

15mil simply CANNOT be viewed as a low-ball or a roadblock, by YOU..... and therefore cannot be viewed as an excuse, by Golovkin

that is a truly insane reason to kill the fight, and a beyond-insane reason to blame Canelo

[The plunger man]

I don't have a problem with that

my issue is..... YOU have a problem with 15mil, which could be MORE than Golovkin receives from a percentage split

how could you possibly use that as justification to stall/kill the fight?

15mil simply CANNOT be viewed as a low-ball or a roadblock, by YOU..... and therefore cannot be viewed as an excuse, by Golovkin

that is a truly insane reason to kill the fight, and a beyond-insane reason to blame Canelo

Do you think this fight sells over a million ppv ? I think its does in fact i think it does over 1.4 million which if thats the case i can see why golovkin wants the percentage split....ok here's the deal f@ckstick goldenboy should negotiate with k2 and say if the fight does less than 800k you taie a flat fee if it go's above that number then its a percentage split...this is the only way to deal with this scenario....surely that can be negotiated into the deal