Does anyone still think GGG should have taken the flat fee?

[kafkod]

The tickets were likely split like most other big fight; MGM Resorts getting 50% of the tickets, with Golden Boy/K2 splitting the rest. Beyond that, there's been no mention of anyone saying that the event did that well since Loeffler allegedly leaked a number before the satellite numbers would even be available, lol.

There are a lot of moving parts on the deal, but to assume that Golovkin's take, even now, topped the original $10m+ offer (no one involved argued against the offer being less than 8 figures, with Golden Boy stating that the actual number was $15m) is a reach.

Off of the gate alone, how much money actually ended up with K2 (nevermind how K2 and Golovkin split their take)? Between MGM Resorts getting half the tickets, the costs associated with actually putting on the event, the cost for the undercard, and assuming that Golden Boy/K2 split things even 70/30, you're looking at $4m, maybe $5m heading to K2.

If the event did somehow manage to do 2m buys (I'm on record with doubts of the event getting passed 1m buys), that'd still be $20m-$25m heading to K2.

With Alvarez likely not sharing any of his Mexico money, all in and with the rosiest assumptions, K2 is likely looking at $35m (plus whatever they got on the mark-up for any tickets that they put on the secondary market) to split with Golovkin on your 2 million PPV homes event.

Fight ends up doing 1 million homes, and the K2/Golovkin pot likely drops down to somewhere near $20m (with Alvarez being 'meh' on the notion of fighting again).

Folks will argue the point forever, but $10m to move up the fight's timeline (35 years old is still 35 years old, made worse by the beyond extended amateur career) and sidestep the "he's not superhuman" performance against Daniel Jacobs will likely turn out to be an opportunity missed, after ending up with similar money with splitting the $20m with K2, looking ordinary, and now having the actual boxing press (Iole, Puigmire, and the actual journalist) and world (Atlas, ESPN generally, and even Max Kellerman couldn't really sugar it) openly talking to the rest of the sport's world about how ordinary Gennady Gennadyovich Golovkin actually is.

If Alvarez passes on the immediate rematch, Golovkin is likely back to fighting on regular HBO, and that doesn't seem to have registered with folks just yet.

The fight wouldn't have happened one day earlier if GGG had accepted a flat fee. That offer was for a fight on Sept 16 2017.

[Scipio2009]

definitely, at least K2 were smart to submit to GBP negotiations anyways.

I say Abel gets his 10%
Herman Brother(s) 10%
Loeffler 15%

65% to GGG. pays stateside an Kazakh taxes...

at least GGG's legacy, Olympic exp., all paid off which is good. but still, Maxi and GGG Gloveking skype each other and jump on bananas on Fridays

I'm pretty sure that K2 is getting more than 15%, especially after bringing Golovkin over from Germany, after Universum moved on, and building him on HBO.

[Scipio2009]

When I said that dude, I was talking about the other guy you referenced

Understood

[Scipio2009]

Good point/question.

There's a reason why big names in big fights don't take flat fees.

Events can under-deliver, watch seems to have now been the case here.

Hindsight being 20/20, if the question was take the rumored $15m or simply get his share from K2 off of the 1.3m PPV homes and the gate, the $15m likely put more money in his pocket.

[Scipio2009]

better question is...does anyone think there would have actually been a fight if the alleged flat fee was accepted...or was there even a flat fee offer at all? after canelo beat cotto, there was only one roadblock keeping the ggg fight from happening...and that roadblock has been known to indulge in ******* and womens undergarments.

Yes, if Golovkin has accepted the flat fee offer, not only would the fight have happened, it likely happens May 2017.

HBO's main goal, for basically the last three years, has been to will Golovkin into becoming a PPV attraction. With the money agreed to, HBO would put the lean on Alvarez and get the fight that they actually wanted.

[Scipio2009]

The fight wouldn't have happened one day earlier if GGG had accepted a flat fee. That offer was for a fight on Sept 16 2017.

With money no longer being the issue, I have no doubt that HBO would've put their thumb on the scale to adjust the timing of the fight.

[daggum]

Events can under-deliver, watch seems to have now been the case here.

Hindsight being 20/20, if the question was take the rumored $15m or simply get his share from K2 off of the 1.3m PPV homes and the gate, the $15m likely put more money in his pocket.

how do you do hindsight without any of the facts??? you dont know if the offer was real. you dont know the split of the ppvs, the split of the live gate, etc...this is futile and only reveals your bias because without the facts your bias just filled in the blanks.

[Metho_4u]

Except 2m = 160m so your 40m off to start before you get into the rest of your agenda driven made up figures.

Fait to assume since the purse split was 63/37 that would be how some of the other splits would work out rather than use B.S figures.

Except it's 1.3 million lol

[Real King Kong]

Yes, if Golovkin has accepted the flat fee offer, not only would the fight have happened, it likely happens May 2017.

HBO's main goal, for basically the last three years, has been to will Golovkin into becoming a PPV attraction. With the money agreed to, HBO would put the lean on Alvarez and get the fight that they actually wanted.

4 months earlier? What about the other year? Good thing ggg held out then.

[Curt Henning]

again..i congratulate golovkin...he made out financially on this one....but it was going to take place on canelos timeline no matter what....