False. PBC's goal was to grow the pie because HBO's budget was evaporating. Haymon needed to spend money to prove to other networks that boxing was worth spending money on.
The result was Showtime deciding to spend way more on boxing, CBS starting to spend money on boxing for the first time in decades, while developing a relationship with FOX as well.
If Top Rank was able to get hedge fund money because of Haymon's success, good for them. Still benefits Haymon if it speeds up the demise of HBO boxing.
The result was Showtime deciding to spend way more on boxing, CBS starting to spend money on boxing for the first time in decades, while developing a relationship with FOX as well.
If Top Rank was able to get hedge fund money because of Haymon's success, good for them. Still benefits Haymon if it speeds up the demise of HBO boxing.
Comment