Comments Thread For: Report: Canelo-Golovkin Fight Produced 1.3 Million PPV Buys

[Scipio2009]

do you actually think MGM didnt PAY for those tickets? Are you ******ed or something?

It would probably cost less than $150k to rent the TMobile arena for a night, but you are claiming that Golden Boy gave them about $12 million in tickets for FREE???????

Dude, we all know you hate GGG, and pretty much all light skinned people, but this raises things to a whole new level of ******ation. Casinos BUY the tickets. Thats what a "Site fee" basically is. Its the casino telling the promoter "hey, bring your event here and we will buy half the gate" or whatever.

I cant believe you are dumb enough to thing the casino gets the tickets for free. Wait, actually, yes, I can believe you are that dumb.......

So you are saying that MGM Resorts getting 40% of the Mayweather-Pacquiao tickets before a single one went to market is bull****.

Good to know.

[OnePunch]

So you are saying that MGM Resorts getting 40% of the Mayweather-Pacquiao tickets before a single one went to market is bull****.

Good to know.

No, thats NOT what Im saying. What im saying is they PAID for whatever tickets they got. And I would be surprised of they only bought 40% of the tickets. I would have suspected they would have bought the entire gate except for whatever tickets the promotion needed.

Man, just relax a minute and THINK. Do you REALLY think its conceivable that Mayweather Promotions gave up 40% of the biggest gate in history to the casino? If you really believe that, the big question is WHY? WHY would they do that? Why wouldnt they just hold the event somewhere else? What incentive does a promoter have to give away 40% of the gate to the arena? WHY would any promoter do that??? On what planet would that make any sense??

[animelive]

1.3m homes at $80 per PPV (the broadcaster is said to keep the HD fee anyway, but will ignore that here) gets you to $105m in total PPV revenue.

Cable/satellite/broadcaster takes half and the promoters (Canelo/Oscar/K2) are left with just over $50m. lol. Not sure where the confusion was.

And folks are overselling the take on the gate too; MGM Resorts ended up with 40% of the tickets for the fight off top, with Oscar/Loeffler spitting up the remaining 60%. That immediately takes the face value of the tickets that went to the promoters from the stated $27m for the fight, down to under $17m. (secondary market tickets could've ended up wherever).

Where you find that other $35m in NET revenue is beyond me.

Sponsors, foreign markets, rebroadcast?

[Scipio2009]

No, thats NOT what Im saying. What im saying is they PAID for whatever tickets they got. And I would be surprised of they only bought 40% of the tickets. I would have suspected they would have bought the entire gate except for whatever tickets the promotion needed.

Man, just relax a minute and THINK. Do you REALLY think its conceivable that Mayweather Promotions gave up 40% of the biggest gate in history to the casino? If you really believe that, the big question is WHY? WHY would they do that? Why wouldnt they just hold the event somewhere else? What incentive does a promoter have to give away 40% of the gate to the arena? WHY would any promoter do that??? On what planet would that make any sense??

MGM Resorts has something like 10 properties on the Las Vegas Strip, built on the event with the closed circuits across the properties, and pushed the **** out of the fight in the local area (maxing out the whales being brought in).

You honestly think that Mayweather Promotions (or even Top Rank) would give all that up to rent Thomas & Mack Center or try to sell $10m in tickets at JerryLand? lol

$70m at the gate, who knows how much from the closed circuit, hotel comps across the MGM properties, Floyd's face on the building for the full year, and all the other perks involved (Floyd basically being able to be comped anything he wants across the properties)?

Yes, you're not looking at all that bad a deal.

Because, in thinking it out, what would the opposite look like?

I'm not a promoter, but what do you think it would earnestly cost to turn Las Vegas into "the place where you'll see Floyd fight" for the full fight event, nevermind the pickup when fight week comes around.

[Scipio2009]

Sponsors, foreign markets, rebroadcast?

Not sure if Sky Sports tried to get the fight, but if they didn't, there was no TV premium in the UK (Golovkin having fought Kell Brook in the UK may have helped a bit, but I have my doubts). Ditto for Germany/Europe (who basically got the first-run of the fight at 5am) and most other markets beyond the Americas (with the interest in the fight below Mexico also in question.

No one is arguing that there was zero money internationally, but I doubt if even Mayweather-Pacquiao did over $50m on international money/sponsors, let alone $35m as a netted out number.

[OnePunch]

MGM Resorts has something like 10 properties on the Las Vegas Strip, built on the event with the closed circuits across the properties, and pushed the **** out of the fight in the local area (maxing out the whales being brought in).

You honestly think that Mayweather Promotions (or even Top Rank) would give all that up to rent Thomas & Mack Center or try to sell $10m in tickets at JerryLand? lol

$70m at the gate, who knows how much from the closed circuit, hotel comps across the MGM properties, Floyd's face on the building for the full year, and all the other perks involved (Floyd basically being able to be comped anything he wants across the properties)?

Yes, you're not looking at all that bad a deal.

Because, in thinking it out, what would the opposite look like?

I'm not a promoter, but what do you think it would earnestly cost to turn Las Vegas into "the place where you'll see Floyd fight" for the full fight event, nevermind the pickup when fight week comes around.

dude just stop. This is getting painful to read lol

[Scipio2009]

dude just stop. This is getting painful to read lol

Answer the simple question though: if Mayweather Promotions (or even OnePunch Promotions) were staging a super fight in Las Vegas, how much would it earnestly cost to put the entire attention of the city onto your fight?

It's obvious that you know that you fell into some ****, so you've left yourself with having to try to dance your way out. Have fun.

[OnePunch]

Answer the simple question though: if Mayweather Promotions (or even OnePunch Promotions) were staging a super fight in Las Vegas, how much would it earnestly cost to put the entire attention of the city onto your fight?

It's obvious that you know that you fell into some ****, so you've left yourself with having to try to dance your way out. Have fun.

You just dont know when to stop. I figured even someone as dumb as you are would have at least been smart enough to abandon the thread by now.

But ok, here you go. For events like May-Pac, or even Canelo-GGG, the site costs to the promotion are minimal, if anything at all. The casinos make "site fee" offers to the promotion for the right to host the event, because the event brings in their big gamblers, who spend alot of money, which reimburses them for what they spent on the site fee, hopefully plus some profit too. Even non-casino sites like Texas Stadium see value in these events, which is why Jerry Jones throws out a bid every now and then to try and attract a big event.

And even on a smaller scale in years past the small indian casinos would pay out to host events, which was why for years most of the ESPN Friday Night Fights shows were held in some po-dunk Indian casino in the middle of nowhere.

But lets get back to the BIG events. Tim Smith is black, so maybe you will believe him. This is a story about revenue from a few years ago......

http://bleacherreport.com/articles/2...biggest-fights

and here is the relevant paragraph.......

"The casino has given him a sweet deal to play host to his fights. For most of his fights, they buy 3,500 of the prime seats at $1,000 each, giving the revenue ($3.5 million) to Mayweather. They also turn over blocks of tickets to him, which he is able sell on the secondary market. He gets all the live gate revenue, which ranges from $12-$15 million. His match against Alvarez set a record for live gate in Nevada with $20 million. "

[MisanthropicNY]

golden boy just said that 1.3 isn't an accurate number and they're waiting for all the numbers to come in.

if boxing is dead than so is the ufc. Jones-cormier ii only did about 850k, that was suppose to be the biggest fight in ufc history.

fake news alert

[Kigali]

dude just stop. This is getting painful to read lol

The truth is usually painful.