Comments Thread For: Report: New PBC, FOX Deal Finalized For FOX, FS1 Broadcasts

[zrumpf]

"PBC is dead"

[MasterPlan]

It says could reach more than $50 million, which is what RING stated.

You're right don't know where I got 75 from.

[Santa_]

Great news!

I honestly believe that the sport would be better off if every fighter in the world fought under the PBC umbrella. Boxing has way too many dirty promoters. Enough is enough.

[lanker rom]

basically it sounds like showtime and fox are going to have to bid for fights

[MasterPlan]

basically it sounds like showtime and fox are going to have to bid for fights

How are they gonna have to bid for their own fights?

[RoyJonesJrp4pno1]

This is a good deal. With all of those dates the PBC fighters can get a lot more active.

Does anyone know what this means for PPV? Are all Showtime dates on Showtime's network?

[Butch.McRae]

basically it sounds like showtime and fox are going to have to bid for fights

Explain lol

[lanker rom]

WSJ is saying the deal is for four years with an annual budget of $75 million.

Once you figure in the Showtime deal (which is probably in the $60 million range), it's safe to assume Haymon/PBC is working with about $130 million annually over the next 4 years (With a total of 24 Saturday primetime cards annually.), and content deals worth over $500 million over the next 4 years.

It amazes me how people doubted a man who's already sold several $50 - $100 million dollar properties and has created multiple syndicated TV shows. Not to mention his work that led to Floyd becoming the first and it billion $ boxer.

I don't like to pull the race card, but that was the only logical explanation here. The guys is a successful businessman by any objective measure.

the deal is 50m+ not specifically 75
agreed Im pretty sure Haymon was behind the new movie SUPERFLY and maybe "the Boy" what other shows did he do

[lanker rom]

Explain lol

Showtime and FOX have the same distributor. Fox doesn't have a set amount per WSJ "Typically, rights fees are determined on a per-fight basis, according to people familiar with the matter" this would be the perfect set up for a bid between the two. just my two cents.

[lanker rom]

Fox is getting into the boxing ring.
21st Century Fox FOX -0.07% has struck a four-year agreement with Premier Boxing Champions for the rights to carry fights on the Fox broadcast network, Fox Sports 1 cable channel and pay-per-view, starting in December.

The media giant is stockpiling programming in preparation for life after it completes the sale of the majority of its entertainment assets to Walt Disney Co. , a deal that will leave behind a “New Fox” focused heavily on sports and its Fox News Channel.
In January, the company struck a $3.3 billion, five-year pact with the National Football League for rights to Thursday night football. In June it reached a five-year agreement to carry World Wrestling Entertainment content for just over $1 billion.
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Since Fox is selling its in-house studio to Disney, it will rely heavily on sports content to fill up 15 hours of prime-time programming on its broadcast network. The WWE show “Smackdown” will air on Friday nights, while Premier Boxing fights will air on Saturday nights.
Fox Sports 1 will have the rights to 12 fights annually, while the Fox broadcast network will get 10. Those networks will be part of the new Fox, along with Fox News.
21st Century Fox and Wall Street Journal parent News Corp share common ownership.

CBS Corp.’s Showtime also has a multiyear boxing agreement with Premier Boxing Champions.
Prominent fighters with PBC include World Boxing Council heavyweight champ Deontay Wilder and International Boxing Federation welterweight champ Errol Spence Jr. PBC is owned by boxing manager Haymon Sports, which is operated by boxing manager Al Haymon. Mr. Haymon’s clients include Messrs. Wilder and Spence Jr. as well as Floyd Mayweather, who is retired.
Terms of Fox’s deal with Premier Boxing Champions weren’t disclosed. Typically, rights fees are determined on a per-fight basis, according to people familiar with the matter. A fight between two highly ranked contenders commands as much as $5 million, while contests of lesser known fighters can be priced significantly lower. The annual rights fees could reach more than $50 million, people familiar with the matter said.
Pay-per-view fights, as a rule, feature those at the top of the sport, with the boxers getting the lion’s share of the revenue and the TV programmer and distributors splitting the rest.
Fox Sports National Networks President Mark Silverman said, “We believe this will be a very profitable deal for us.”
Boxing bouts have periodically aired on broadcast television in recent years, but this deal marks the first time in four decades that the sport will have a regular presence on over-the-air television. Up until the mid-1980s, boxing was a staple of weekend programming.
However, the sport fell off free TV amid concerns about its violence, and as cable and pay-per-view TV became the media of choice. Those outlets proved lucrative for fighters, and some like Mr. Mayweather have become cultural icons, but the sport’s popularity has waned over the years. PBC and Fox are betting that a steady dose of broadcast exposure can bring it back.
“We think it will reignite the sport,” said Mr. Silverman. “We’re really excited to reintroduce boxing to the masses.”


PER WSJ