Tweet
I’m not too sure who’s cash it actually was. I know Waddell and Reed were involved in investing hundreds of millions in the project. And the value of those investments dropped by over half a billion in little over a year. As to who took the actual hit financially I’m not too sure tbh.
-
-
Haymon basically has Showtime's entire boxing budget, will likely get another massive budget to deliver FOX dates, while also having budding PPV attractions (Wilder, Spence Jr) and a growing crop of fighters set in as draws (Haymon's fee already rolled into the PBC effort.
A bridge too far to think that "tons of money" was lost, imo (the PBC shows did sell a ton of commercials, have the title Corona sponsorship, had a ton of other sponsors, sold tickets at the various venues, etc), and the setup is still in place to make the money back after the time buys end.
Massive initial outlay to start off, but revenue inflows have been a thing for almost three years at this point, and will likely continue to be a thing for the forseeable future.Comment
-
No matter what fights are on free T.V boxing fanbase will complain .
I remember Tuesday night fight with a bunch of great to average fights on USA network . No one ever complained about that and boxing was even more scarce on T.V or available with no social media .
Haymon also put his golden HW Izu Ugonoh on his brand and he lost against Breazeale after making a major deal with him .
I really dont get it . Its almost like the fans go out of there to help bring down boxing broadcasts not knowing the less ones you have the less more will likely surface which equals less fights being made and shown.
Knuckle heads !
Comment
-
Boxing fans are the worst fans in sportsNo matter what fights are on free T.V boxing fanbase will complain .
I remember Tuesday night fight with a bunch of great to average fights on USA network . No one ever complained about that and boxing was even more scarce on T.V or available with no social media .
Haymon also put his golden HW Izu Ugonoh on his brand and he lost against Breazeale after making a major deal with him .
I really dont get it . Its almost like the fans go out of there to help bring down boxing broadcasts not knowing the less ones you have the less more will likely surface which equals less fights being made and shown.
Knuckle heads !
Actually I think it's more hardcore boxing fans are the most pathetic . You have guys who post everyday on this forum and have complained non stop about the PBC / Haymon all there getting is more quality fights with easier access and these peasants are hoping it fails and complain non stop. You can't really be more of a loser
The truth is though most casual fans of the sport don't care about who puts on good fights and if you look at the top 10-15 most watched boxing fights in the last 3 years they'd probably be 75% PBC cards.
I'd understand if PBC was offering the quality of what HBos been presenting the last last 3 years ( Minus PPVs ) but the truth is PBC / Haymon are responsible for probably over 1/2 to 2/3 of quality fights which if you're a fan of the sport you'd be interested inComment
-
Haymon Boxing has more world champions than ever, more control of Showtime than ever, a larger Showtime budget than ever, a growing relationship with FOX, and dozens of young fighters to continue Haymon's dominance of the WBC, WBA and IBF for years to come.
You say the gamble didn't pay off, but Haymon Boxing has more power than ever and that power is continuing to grow. Haymon already has the majority of the WBC/WBA/IBF world titles in the ten most lucrative weight classes and before you know it, he'll have nearly all of them.
There's only so many WBOgus belts for Warren, Arum, DLH and Duva to split. Haymon's leverage continues to increase.
Is it possible you have little understanding or insight into this business and have no way of knowing whether the gamble paid off or not?Comment
-
I cant wait for Dana White to bring boxing into even more of the spot light ,then your going to see some real hate . Specially if he gets quality fights on a regular basis . lol
Posters on here will be screaming murder ! And if he doesnt they will rejoice as another potential brand sinks , further decreasing boxings value all around !
Posters on here are more concerned how much money PBC made than the fights themselves , ******s ... lolLast edited by juggernaut666; 01-18-2018, 05:23 PM.Comment
-
Spence only fought once last year because he had to wait for his mandatory to be enforced and his second fight got pushed back a few weeks. He's average three fights a year the last few years and will likely fight three times this year.
Thurman only fought once last year because he suffered a serious injury. He'll be fighting twice this year.
Garcia chose to rest and recharge after suffering his first loss. That was his choice. He was offered other fights last year. He'll be fighting twice this year.
Arum, DLH, Duva, etc have tons of fighters that fight once in a year and nobody bats an eyelash. It's Haymon that is always held to a double standard.Comment
-
He effectively had the Showtime budget prior to PBC though.
It was always going to be a loss leading strategy in order to establish dominance in the boxing market but Haymon has failed to gain any sort of dominance. He’s/they’ve spent a lot of money and not had much of it back. Not yet anyway. They’ve also lost a lot of network backing in ESPN, NBC etc.
I agree there are other revenue streams, but as an outsider looking in the PBC business model looks very flawed.Comment
-
It wasn't quite that simple. Prior to PBC, Golden Boy had most (but not all) of the Showtime budget, but that included lots of dates for Golden Boy fighters that weren't with Haymon. So there have been a few crucial changes.
#1 - Haymon no longer has to share the dates with Golden Boy.
#2 - He has a higher percentage of the dates than Golden Boy ever had.
#3 - The budget is much larger now than it was then.
The threat of PBC forced Showtime to double down on Haymon.
Define dominance? He controls substantially more world titles than he did before. He has substantially more control of a substantially larger TV budget.It was always going to be a loss leading strategy in order to establish dominance in the boxing market but Haymon has failed to gain any sort of dominance.
HBO boxing is in the worst position it's ever been in. Arum has ESPN now, but ESPN is paying very little for the programming and Haymon has all of the logical opponents for ESPN's stars.
And Haymon's power is continuing to grow. The number of world titles he controls if continuing to grow. Showtime's budget is continuing to grow. While HBO is dying off, Haymon is growing. We have to look at the big picture here. Nobody is more committed to boxing than Showtime is and Showtime is all in on Haymon. He's in a stronger position than ever before.
But we don't know how much they really spent. What we do know though is that Haymon's stable keeps winning more and more world titles. With no end in sight. He has a lot of young guns coming up and he's building alliances with more and more promoters. We're getting to the point where nearly every (non-WBO) vacant title or title eliminator in the most lucrative weight classes ends up involving at least one Haymon fighter.He’s/they’ve spent a lot of money and not had much of it back. Not yet anyway.
NBC was the first network willing to sell him primetime hours. While NBC decided they didn't want to pay for boxing, the deal was still productive as the ratings gave FOX confidence to dip their toe in the water and after the UFC TV deal is sorted out, PBC likely lands a respectable deal with FOX.They’ve also lost a lot of network backing in ESPN, NBC etc.
As for ESPN, ESPN is cutting costs left and right and simply doesn't want to spend big money on boxing. You can't win them all. Haymon gave everybody a taste and now he's focusing on the en****** (FOX & CBS) that were most receptive. ESPN made the deal with Top Rank because TR was desperate and willing to take short money.
Understandable. So let's look at things like an insider.I agree there are other revenue streams, but as an outsider looking in the PBC business model looks very flawed.
PBC's business model is very simple. Convince TV networks to buy fights featuring the fighters Haymon manages. Showtime has been convinced to buy more fights and pay more for the fights than anybody else. In that regard, PBC's business model is far healthier than any other managerial or promotional entity in US boxing.
FOX is interested in a larger package, but that deal can't be finalized until FOX knows how much they are paying for UFC, or if they're losing UFC entirely. So PBC has been forced to wait until UFC is sorted out.
But PBC's model is very healthy because they have almost all of the American world champions and will have most of the American world champions for many years to come. HBO can focus on 115 pound foreigners all they want, but Haymon's stable is second to none.Comment
Comment