If true...
Pacquiao vs Broner Tracking Over 400k Buys
-
Al Haymon made the guarantee, not Showtime. And he did it to lure Pacquiao to PBC. Networks are only involved in PPV events as distributors to cable & satellite companies. Little risk for the networks involved in PPV fights.
— Keith Idec (@Idecboxing) January 23, 2019
This right here is the key. I wonder what the network guarantee was here. I'm guessing the numbers that were reported or a bit more and the rest is on Haymon? Obviously there are other revenue streams but the remaining money will some from Haymon.
Espinoza isn't going to agree to no $20 million guarantee here knowing damn well it isn't getting to 700k+ buys.Comment
-
Haymon must be looking at the long game. That guarantee wasn't about this event. It's about Pacquiao vs Garcia and Pacquiao vs Spence and preventing Crawford from getting his hands on him.Al Haymon made the guarantee, not Showtime. And he did it to lure Pacquiao to PBC. Networks are only involved in PPV events as distributors to cable & satellite companies. Little risk for the networks involved in PPV fights.
— Keith Idec (@Idecboxing) January 23, 2019
This right here is the key. I wonder what the network guarantee was here. I'm guessing the numbers that were reported or a bit more and the rest is on Haymon? Obviously there are other revenue streams but the remaining money will some from Haymon.
Espinoza isn't going to agree to no $20 million guarantee here knowing damn well it isn't getting to 700k+ buys.Comment
-
Find it funny that no one talks about the Asian market and all the markets that have filipino OFW's in it guess what they all buy Pac's fights (go to Hong Kong/Macau when its a Pac fight for instance).man I nailed it with my 350-400k guesstimate. PBC will lose money but not as much as it looked liked they would lose.
20 mil guaranteed to Pac was the main culperate and throw in 4 mil to Broner and a little over a million to Jack and it was going to be hard to make this profitable.
That being said the end game was always to recoup the $ loss with May-Pac 2
400k in the US means it made money period. This is why Pac dumped Arum so his promotion company wouldn't have to share overseas income with them.
PBC/May promotions are getting that 400k side Pac is getting the overseas portion.Comment
-
It was sponsored by the Philippine Government (center ring) MP productions made its money from overseas views, PBC/Mayweather gets the US side.400k PPV buys, at $75, is $30m in gross revenue, ~$15m into the pot for the event organizers. The tickets for MGM Grand were priced aggressively yet they still ended up with 13k+ in the building; $7m wouldn't be a wild result for the gate (for perspective, Floyd-Guerrero drew just under $10m on 14000+ tickets). And PBC has the new deal with ITV for however much money.
Add the Filipino sponsor on center ring, and every other stream, where are the losses coming from, especially with the quick look having things tracked for over 400k homes before the first week estimates are even in?Comment
-
Of course, this is why Haymon isn't just giving Pacquiao these huge guarantees without getting something in return. He will want to make the winner of Spence/Garcia a star and hopefully a superstar and Pacquiao will be fed to them if Floyd doesn't take it. If Floyd wants it then obviously it is his as that is the one fight guaranteed to surpass a million buys.
But getting Pacquiao is a no-brainer. He is the biggest star in America minus Canelo who is now on a streaming network. So Pacquiao takes back being the biggest PPV draw.
Golovkin is going to be the 3rd biggest PPV star behind Pacquiao/Wilder for Haymon. Now, I mention Wilder because he is fighting Fury and that fight is doing big numbers and if he wins, then imagine what the Joshua fight will do.
And his hope will hope getting Golovkin will be to hope one of his youngsters can dethrone him and build their profile. I just for the life of me can't understand why Spence keeps getting mentioned for him.Comment
-
With 2 successful ppv back to back, Showtime must be happy. It'll keep them in the boxing business.
The expectation from within was around 400,000. Pacquiao hadn't fought on American PPV in more than 2 years & his numbers in recent years weren't near 400,000, other than Mayweather.
— Keith Idec (@Idecboxing) January 23, 2019
Comment
-
What do they pay for his fights? I'm guessing his fights aren't on PPV in the Philippines but what is the license fee to air his fights?
ITV likely didn't put up THAT much money for this fight.
But it should get solid money on the gate/sponsorships/merchandise/international money.
This fight could have legitimately generated close to $25-27~ or so million. Not much money was lost off this fight and the full guarantee wasn't from SHO as stated. Haymon will pay the remainder of the money the card falls short of, if it does at all.Comment
-
Pacquiao not fighting on PPV for two years and fighting out of America for two years is a key point here. The loss to Horn didn't help either obviously. But this fight still out did the Vargas fight and was not all that far off the third Bradley fight.With 2 successful ppv back to back, Showtime must be happy. It'll keep them in the boxing business.
The expectation from within was around 400,000. Pacquiao hadn't fought on American PPV in more than 2 years & his numbers in recent years weren't near 400,000, other than Mayweather.
— Keith Idec (@Idecboxing) January 23, 2019
Look at what Espinoza takes at SHO compared to FOX. He will be the one taking calculated risks on fights he knows will do what they need to do. FOX will get suckered into taking some that probably shouldn't be on PPV or those they lose money on.
Spence/Garcia will be the lowest from the ones SHO has put on and will put on (Wilder/Fury II).Comment
Comment