Comments Thread For: Joshua-Wilder: Barry Hearn Cautions That Talks Are Dragging
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And the worst part about this, is that I'm not 100% certain gets past Povetkin after how he looked against Joesph Parker. **SIGH**
He **SHOULD** beat Povetkin easily, but if he has any sort of trouble against Povetkin, there's sure to be more delays.Comment
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Easy - put $50M in an escrow account - with the condition that when the contract is signed it's released to AJ - or a CD - there's a difference between having the money and saying you can raise the money if the contract gets signedComment
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Hahahaha.....you do realize that the so called war chest that Protecting Boxing Cowards (PBC) had was borrowed money.....its public info....look it up and come back to reality....the intrest on a loan like that is just whoreable (horrible)Comment
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lol@AJ fanboys still crying about "wheres the money from"...when hearn has actually said its a non issue lolComment
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Wilder said it wasn't about the money .. till it was . Wilders just playing for time to come of the steroids .. fight will happen next no way Wilder can turn this down.
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This guy here is informed....Haymon may have been the biggest money man in boxing, but not anymore.
Haymon himself is only worth about $15 mill. His deep pockets come from an investment fund of $925 mill in 2013. Most of that money is now gone as a court case in 2016 exposed the fact that more than half the money had been used in that fund. 2 years on we really don't know how much Haymon has left in this fund.
Also with Hearn now having backing from DAZN to the sum of $1 billion it's clear Haymon is now the clear number 2 money man in boxing right now.
Maybe Haymon does have enough to cover the $50 mill. In March 2016 his $925 mill fund was down to $357 mill. If he spent at the same rate as he did in the first 3 years the fund would now be at -$21.6 mill. He's been dishing out some big paydays of late, bigger than he did in the early days of the PBC. $2.1 mill to Wilder, $3.5 mill to Spence and Garcia. There's good reason for Hearn to question if Haymon still has the funds to cover the $50 mill purse for Joshua.Comment
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