Comments Thread For: De La Hoya: Making Canelo-Golovkin Was Easy; Only Took Two Weeks

[Scipio2009]

Main event didn't gtd ward's purse of 5 mil. Which easily equates to a 2m loss for rocnation. I don't want to go through each fight, but i know one of them they paid BET for a time buy, rented some building(gave away 90% of the tickets), and then paid andre ward and his opponent some ridiculous sum. They probably lost 5m on that fight alone, and now they're about to pay him 7m for the rematch. The Andre Ward Roc nation deal is one of the worst in history.

Kovalev-Ward, looking at only the information that's been made publicly availble, likely ended up netting out north of $10m on the event (my guess is that the number was near $12m, once everything was counted).

With Ward's guarantee being $5m and Kovalev's guarantee being $2m, you've still got at least $3m-$5m in proceeds to account for., the notion that Main Events simply pocketed that balance being foolish. (and that ****** "he gave away all of the tickets" bit isn't all that clever either)

Roc Nation now is the lead promoter for the event, main Events will be given their fee to sit and shut up before the fight, and Roc Nation will get their own money on the take of the event. MGM Resorts snapped up the fight rather quickly, and the competitiveness of the first fight (in addition to the animosity between the camps) will likely goose the PPv numbers for the rematch.

They don't get a single dollar of net revenue anywhere else and they'd be looking at needing 400k PPV buys to break even (net of ~$12m, $5m to Kovalev, $7m to Ward).

With Mandalay Bay EC priced for $5m-$7m gate if the 11k seats sell out (Kovalev-Ward did $3.7m on the just over 10,000 tickets sold), and the international interest on the fight increased, i fail to see why you don't think that the outlay gets covered on the event.

[rrayvez]

They're ignoring that whole part because De La Hoya exposed their ignorance.

I mean what happened here to Canelo fans is quite funny. Canelo and De La Hoya was ****ing them while whispering sweet nothings in their era. All the while taking money out of their purses. A few hundred dollars each later...

What he just did is akin to pulling out, slapping them in their face and saying I lied to you so you'd not notice was was stealing out of your purse. Laughing at it, and saying, we will go on a date now.

And after Canelo gets best up. They'll go back to old men and guys Canelo outweighs.

of course. Oscar completely pulled the wool over their eyes. Suckered them into buying 3 mismatches on ppvs, took their money and will now make the fight since he feels that ggg may have shown signs of slipping.

[peplz]

the more you try and pass yourself off as someone knowledgable about fight economics, the more you make it obvious that you are just a troll without a single iota of firsthand knowledge about promoting.

Hint: READING about purse splits and upsides on internet message boards is not "real world" experience, despite your over-inflated sense of self. I actually did it for over a decade, on every platform from dark club shows all the way to HBO PPV, so dont ever think for a second there is a damn thing YOU could ever tell me about promoting, son..............


Go do a show (or 50), and THEN you can come talk to me about promoting.....

That was not a legitimate response. That was just a blowhard pumping more hot air into his already inflated ego. Just an observation... Lol