Comments Thread For: Hearn To Team Wilder: Is a Contract & Meeting Too Much To Ask?

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  • Robbie Barrett
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    #171
    Originally posted by Patsfan bri
    OMG , you can’t fix ******. Someone puts the money up front yet you don’t mention names . Now I know a place or venue puts money up front , you know what forget it. Like I said you can’t fix ******. On a different note I am not sure why brits keep insulting us Americans when every time their is a ********* attack in your country the US is the first one to bail you out.
    Why would i mention names? The money can come from lots of places. Usually the promoter. Bob Arum guaranteed Pacquiao 20 mil for Bradley 3 and lost money because he didn't make it back from the gate/PPV.

    It's not a guarantee if it comes from the gate/ppv. What if the gate/ppv doesn't make the money?


    GTFO you clown. You don't know **** about what you're discussing.

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    • Patsfan bri
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      #172
      Originally posted by Redgloveman
      First. Haymon didn't send an email. Finkel did. That's not an arbitrary distinction because we know that Finkel almost certainly doesn't have access to that cash. Haymon has remained silent on the issue up to now. People saying "Haymon has the money so it's fine" are completely missing the point; he hasn't given any suggestion that he'd be willing to make that guarantee so it's ludicrous to just assume he will because he's a swell guy.

      Second. Joshua asked for $50m to make a point; Joshua didn't say $50m or no fight so it's not an example of pricing himself out.

      Third. If money is guaranteed, regardless of when the money gets paid, it needs to be evidenced ahead of the fact, not raised after the fact - otherwise you can't guarantee the money. There may very easily be a shortfall which would mean that Hearn and AJ wouldn't get the $50m which was promised. In this situation Hearn could sue for the money, but he's unlikely to want to get involved in a risky, expensive and lengthy lawsuit. Even if he were to win the suit, the money still wouldn't be guaranteed because of bankruptcy laws. So, all in all, it's much simpler to just see the money paid into an escrow account. If the money's available then just ****ing do it and put the matter to rest and you'll show Hearn who's boss. If the money's not available, then don't make an offer pledging that it is guaranteed.

      If you don't know what you're saying in the first place, you probably shouldn't be using phrases like "let me say this for the last time"
      so the word guaranteed doesn’t mean anything to you ?

      Why can’t team AJ say yes thank the money then hammer out the details? If they accept the offer then wilder teams makes ridiculous demands team AJ would have a good defense.

      Haymon and Finkel don’t have a history of screwing fighters out of money so what makes you think they will screw AJ ?

      The money comes upfront from advanced sales, sponsors.

      I guess we will all see where this leads to in a few days.

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      • Ake-Dawg
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        #173
        Originally posted by Redgloveman
        If that is Finkel's standpoint then they simply aren't in a position to guarantee $50m, so the offer is unworkable from a commercial standpoint and not worth the paper it's printed on.

        You can't approach a fellow businessman and say:

        "I've got this great plan to raise over $50m. Agree a deal without knowing anything about it and we're all good. I can't give you any details because it'll give away negotiating leverage but it's a great deal for you, I swear"

        They'll just tell you to go **** yourself, I don't care whether you're Al Haymon or the Sultan of Brunei.
        Again...all they want is agreement on the split and control over location before sharing the rest of the details. There is no aha moment. No tricks.

        This is why big fights don't have flat fee purses. That way both sides assume the risk and are responsible for revenue generation. It's why most if not all media and promoters thought the 12.5 flat fee was a joke.

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        • KnickTillDeaTh
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          #174
          It's very clear to me that many of you don't know how boxing negotiations work, neither do most of you understand how promoters and managers work on a fundamental level. If you knew what a boxing promoter really was, you'd understand why Hearn is extremely reluctant to except a $50 million guarantee for AJ vs Wilder.

          "The manager's job is to look out for the interests of the boxer. The promoter's job is to look out for the interests of the promoter."

          "...the less money a boxer makes for fighting, the more money the promoter gets paid for promoting the fight."

          There in lies the dilemma. Finkel and Haymon are Wilders managers, As such they have no problem finding investors and taking a risk - they get paid no matter how much revenue the fight makes (or doesn't). Showtime backing the fight will get their cut no matter what because they are not putting up the money they're providing the network. Lou Dibella may not make any money but he is also not putting up any money so he also doesn't lose, he's just there for legal purposes, and obviously it strengthens his relationships with Showtime and PBC.

          Now we come to Hearn. He believes the fight won't generate enough revenue to pay AJ and Wilder, and cover all costs/expenses, so in effect, the revenue will be in the red when all is said and done. Basically means AJ gets his $50 million, Wilder likely comes out with a lower minimum guarantee, lets say $30 million, networks and everyone else gets their cut no matter what, but you know who doesn't get their cut - The promoters. Lou Dibella and Hearn could possibly come out of this fight making nothing. And that my friends is why Hearn is running around talking to anyone who'll listen to his rants. He wants to see all this information because he's afraid of making nothing. This has nothing to do with the fight, AJ, Wilder, Boxing, this is all about Hearns coffers.

          That $50 million guarantee is real. Anyone who's been around boxing as long as I have knows it. Offered by Finkel, signed off by Al Haymon, backed by CBS/Showtime. Haymon has been reported to be backed by a group of billionaire bankers.

          "It's up to the manager to make sure the boxer gets a fair chunk of the pie. The promoter has no duty whatsoever to be fair to the boxer."

          Anyone on here supporting Hearn is quite frankly an enemy to boxing. Support the sport of Boxing, root for the pugilist, argue for the best fights, yearn for classic battles, never chose a promoter over the sport. Remember, May vs Pac only happened when Arum was forced to step away from negotiations, after that, the fight was made in less than two weeks.

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          • Patsfan bri
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            #175
            Originally posted by Robbie Barrett
            Why would i mention names? The money can come from lots of places. Usually the promoter. Bob Arum guaranteed Pacquiao 20 mil for Bradley 3 and lost money because he didn't make it back from the gate/PPV.

            It's not a guarantee if it comes from the gate/ppv. What if the gate/ppv doesn't make the money?


            GTFO you clown. You don't know **** about what you're discussing.
            why would you mention names , to back up your bull**** story . You realize you never answers one of my questions in all these post you and I have been going back and forth on . Just keep insulting us Americans cause we will have back like always . You midget brain.

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            • Patsfan bri
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              #176
              Originally posted by KnickTillDeaTh
              It's very clear to me that many of you don't know how boxing negotiations work, neither do most of you understand how promoters and managers work on a fundamental level. If you knew what a boxing promoter really was, you'd understand why Hearn is extremely reluctant to except a $50 million guarantee for AJ vs Wilder.

              "The manager's job is to look out for the interests of the boxer. The promoter's job is to look out for the interests of the promoter."

              "...the less money a boxer makes for fighting, the more money the promoter gets paid for promoting the fight."

              There in lies the dilemma. Finkel and Haymon are Wilders managers, As such they have no problem finding investors and taking a risk - they get paid no matter how much revenue the fight makes (or doesn't). Showtime backing the fight will get their cut no matter what because they are not putting up the money they're providing the network. Lou Dibella may not make any money but he is also not putting up any money so he also doesn't lose, he's just there for legal purposes, and obviously it strengthens his relationships with Showtime and PBC.

              Now we come to Hearn. He believes the fight won't generate enough revenue to pay AJ and Wilder, and cover all costs/expenses, so in effect, the revenue will be in the red when all is said and done. Basically means AJ gets his $50 million, Wilder likely comes out with a lower minimum guarantee, lets say $30 million, networks and everyone else gets their cut no matter what, but you know who doesn't get their cut - The promoters. Lou Dibella and Hearn could possibly come out of this fight making nothing. And that my friends is why Hearn is running around talking to anyone who'll listen to his rants. He wants to see all this information because he's afraid of making nothing. This has nothing to do with the fight, AJ, Wilder, Boxing, this is all about Hearns coffers.

              That $50 million guarantee is real. Anyone who's been around boxing as long as I have knows it. Offered by Finkel, signed off by Al Haymon, backed by CBS/Showtime. Haymon has been reported to be backed by a group of billionaire bankers.

              "It's up to the manager to make sure the boxer gets a fair chunk of the pie. The promoter has no duty whatsoever to be fair to the boxer."

              Anyone on here supporting Hearn is quite frankly an enemy to boxing. Support the sport of Boxing, root for the pugilist, argue for the best fights, yearn for classic battles, never chose a promoter over the sport. Remember, May vs Pac only happened when Arum was forced to step away from negotiations, after that, the fight was made in less than two weeks.
              thank you finally someone with a brain . God know you can’t argue with these brits. They have their heads so far up AJ’s arse he doesn’t have to wipe when he shiiiits.

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              • Robbie Barrett
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                #177
                Originally posted by Patsfan bri
                why would you mention names , to back up your bull**** story . You realize you never answers one of my questions in all these post you and I have been going back and forth on . Just keep insulting us Americans cause we will have back like always . You midget brain.
                You're arguing about guarantees when you don't even know what one is. You're claiming they are paid from the gate/ppv. That would make them dependent on the success of the event and not a guarantee. The clue is in the name FFS. ******.

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                • Patsfan bri
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                  #178
                  Originally posted by Robbie Barrett
                  You're arguing about guarantees when you don't even know what one is. You're claiming they are paid from the gate/ppv. That would make them dependent on the success of the event and not a guarantee. The clue is in the name FFS. ******.
                  Robbie, where does all the advanced money come from ? Meaning advanced ticket sales, pre orders, networks , where does the majority of that money go before a fight ??

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                  • Robbie Barrett
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                    #179
                    Originally posted by Patsfan bri
                    Robbie, where does all the advanced money come from ? Meaning advanced ticket sales, pre orders, networks , where does the majority of that money go before a fight ??
                    It's held by the companies until it's time to pay out. You think when you order a PPV HBO sends the money straight to the promoter?

                    We had 100 pre-orders today here's $5000 Mr De La Hoya.

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                    • Patsfan bri
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                      #180
                      Originally posted by Robbie Barrett
                      It's held by the companies until it's time to pay out. You think when you order a PPV HBO sends the money straight to the promoter?

                      We had 100 pre-orders today here's $5000 Mr De La Hoya.
                      exactly. That’s my point . So then wtf is team AJ worried about if the money is held by these companies?

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