Comments Thread For: Hearn Cautions That Joshua-Wilder Has 2-3 Weeks To Get Done

[kafkod]

So do we agree that Hearn is essentially saying this:

I will accept the 50M guaranteed, but only if I like the location, we can make money off of our sponsors.

Here is his quote.
"Not this weekend, but if the money is there and the venue is to our liking, the money is secure and the other rights are taken care of there is a real strong chance this fight could happen,"

That sounds like control. His location. His sponsors (rights). What else is there from a revenue perspective that Hearn would be leaving up to Team Wilder.

First, Hearn isn't saying he wants to pick the location, just that it has to be one that AJ and his sponsors are ok with. For some reason, probably the politics of the area, AJ could not agree to fight in some of the Arab countries, like Saudi Arabia, who are currently offering big money to host important boxing events.

So he's concerned about what country the fight would be staged in, not specific venues. I'm pretty sure that none of the major US locations would be a problem.

Sponsor's contracts, TV contracts, location, when and how the money is going to be raised and paid ... these are all things that any promoter would want to know about before agreeing a deal.

If the deal got made, Haymon/Dibella would be the lead promoter, I presume, though even that hasn't been explained. Whatever, AJ is the A side, and nobody should expect to dictate anything to a guy who's fights generate 10X the revenue that their's do.

[Scipio2009]

It's his job to ensure that his clients interests are protected. Do you think he should simply break all the commercial agreements he's signed because someone is offering to pay Aj twice his usual purse?

That would be a very short sighted move in my view.

He should negotiate the commercial agreements with Team Wilder and see if he can move them to his position.

Team Wilder is allegedly laying out $50m as Joshua's guarantee; it's on Hearn to then convince them that having the fight on Sky Box Office makes the most financial sense for the fight in the UK (keeping Hearn's TV situation in place), that having certain sponsors added to the deal benefits the event (keeping the commercial interests in place) and that staging the fight at Wembley is the best venue for the event (a far tougher sale, tbh).

And, if certain points can't be gained by convincing, those points would need to be negotiated for out of Joshua's package. (Not that long ago, Golden Boy Promontions basically gave Miguel Cotto the full site fee from MGM Resorts to not have the fight in New York City, who put up the bigger rights fee).

No one is saying to break anything, but to assume that Joshua is going to get his $50m and all other terms to his liking is a bit much.

[kafkod]

World of Boxing put up just over $23m to host Klitschko-Povetkin, when Klitschko's own company only thought the fight was worth $7m.

You're severely mistaken if you honestly believe that Povetkin is going to voluntarily have his title shot in the UK.

You're not thinking this through. Hearn knows for a fact that AJ vs Povetkin would be worth a hell of a lot more than $23million in the UK, and Ryabinski knows it would make a hell of a lot more money for Povetkin in the UK than in Russia, if he got a decent deal from Hearn, which he would.

Whatever Hearn bid for the fight, 75% of it would go straight into he and AJ's bank accounts.

Other things to consider .. Wlad was a much bigger name in Russia than AJ is now, and Povetkin was still young, prime for a HW, so worth investing the money in. He's 38 yo now, past prime and nearing the end of his career. I can't see his promoter wanting to bid even more than he spent to get Wlad on a fight with AJ. And it would take more than $23 million to beat Matchroom if it went to a bid.

[kafkod]

Finkell doesn't have to say ****, because it's his camp putting up the money.

If Hearn is worried about corporate sponsors, the broadcaster, wanting the fight in the UK, haggle over those points in the actual sit-down.

If Anthony Joshua is getting a guaranteed $50m, and Hearn has to walk away because Team Wilder wants the ticketing to go through Ticketmaster instead of StubHub (or some other trivial excuse), that's got nothing to do with Deontay Wilder or his camp.

Because, if Eddie Hearn wants to dictate the location, the event sponsors, the ticketing agency, the color of the ring mat, or any other actual detail, he should put up the money.

Lol, you really don't get it do you? Hearn needs to see the terms of the offer before he knows if the money is worth it, or even if the money is actually there.

[Ake-Dawg]

It's his job to ensure that his clients interests are protected. Do you think he should simply break all the commercial agreements he's signed because someone is offering to pay Aj twice his usual purse?

That would be a very short sighted move in my view.

Of course not. I'm not saying I have a problem with what he's doing. I just like calling each situation out for what it is. Team Wilder playing their hand close for leverage, Team Joshua not really sure 50M/50% guarantee is the route they wanna go because of location and sponsorship considerations.

[Ake-Dawg]

First, Hearn isn't saying he wants to pick the location, just that it has to be one that AJ and his sponsors are ok with. For some reason, probably the politics of the area, AJ could not agree to fight in some of the Arab countries, like Saudi Arabia, who are currently offering big money to host important boxing events.

So he's concerned about what country the fight would be staged in, not specific venues. I'm pretty sure that none of the major US locations would be a problem.

Sponsor's contracts, TV contracts, location, when and how the money is going to be raised and paid ... these are all things that any promoter would want to know about before agreeing a deal.

If the deal got made, Haymon/Dibella would be the lead promoter, I presume, though even that hasn't been explained. Whatever, AJ is the A side, and nobody should expect to dictate anything to a guy who's fights generate 10X the revenue that their's do.

Specific location concerns can be communicated by Hearn without "knowing" where they plan to host the fight. That's on him. As far as sponsorships contracts and dictating to an "A" side, all of that goes out the window when you issue a guarantee of $50M. You're paying for Matchroom/Joshua to step back.

[chrisJS]

The fight looks fairly close to being agreed but Wilder fans are still trying to squeeze everything out of the "Hearn don't want it doe/Joshua scared doe" angle. They are going to look even more ****** when this fight is signed.

You guys do it to yourself every time a fight is discussed.

[kafkod]

Specific location concerns can be communicated by Hearn without "knowing" where they plan to host the fight. That's on him. As far as sponsorships contracts and dictating to an "A" side, all of that goes out the window when you issue a guarantee of $50M. You're paying for Matchroom/Joshua to step back.

I guess so. But wouldn't it be a lot easier and more productive if they just told him the details of whatever they are planning to do, then he could tell them whether it's all ok with and him and AJ?

If it is .. bingo! Send the contract, we've got a fight!

And if there are details he doesn't agree to .. well at least both sides know where the other stands, and what they need to work out to get the deal done.

[kafkod]

The fight looks fairly close to being agreed but Wilder fans are still trying to squeeze everything out of the "Hearn don't want it doe/Joshua scared doe" angle. They are going to look even more ****** when this fight is signed.

You guys do it to yourself every time a fight is discussed.

My take on it is that Wilder and AJ probably want to fight each other next, but their promoters didn't want it till a fight down the line for each.

[Ake-Dawg]

I guess so. But wouldn't it be a lot easier and more productive if they just told him the details of whatever they are planning to do, then he could tell them whether it's all ok with and him and AJ?

If it is .. bingo! Send the contract, we've got a fight!

And if there are details he doesn't agree to .. well at least both sides know where the other stands, and what they need to work out to get the deal done.

It's just as easy for Hearn to pick up the phone and communicate his show stoppers as it is for them to give him the requested details. However, as many have said, when someone is guaranteeing $50M, they expect folks to submit to their plan without much hand ringing.

Let's be clear, we are only here because Joshua popped his mouth saying that if they guaranteed him $50M he would sign asap.