He is paid $36 mil a fight but since there is no PPV money it’s just a flat fee right? He should have stayed with hbo or showtime where he can get some of that PPV money. He is the biggest name in boxing and can easily break $75 mil a fight after PPV. So again I ask is DAZN bending over canelo with no lube?
Is canelo getting screwed by DAZN?
Collapse
-
I think his deal is 11 fights for $365M. So it evens out to $33M per fight. Idk that that means he's getting $33M a fight doe. And I'd strongly lean towards it not meaning that.
Quite often the bigness of the fight comes into play with pay & sometimes they pay you less early & increase your pay as you go deeper into a long term deal like this. Thats speculative obviously cuz those finer details haven't been discussed with the media.
I do recall hearing when this deal got announced he had upside with sub goals being met. Who knows what those could be & how much upside there is in that, but thats less speculative although the finer parts are.
Its also a safe assumption DAZN has no rights to his fights in Mexico & the UK where he's surely getting a nice check from some TV platform there each time he fights so he's getting money for his fight rights on top of what DAZN is giving him. And I'd assume if DAZN moves into either of those countries specifically (or other countries in general) he's going to be able to get more money or maybe even get a new overall deal to include those countries in the deal. And he could start a bidding war where his services might even go up a lot more cuz of new countries DAZN goes into pumping his income up higher.
So nah at 11 fights for $33M per fight I don't think he's getting screwed. I mean one of those fights was against Rocky f#cking Fielding. Who knows how many other kinda bs or complete bs fights he'll have in these other 9 fights to come still.Comment
-
That is just his guarantee he can make MORE then that based on subscribers and bigger fights they make. Golden boy confirmed that. But it gives him long term security because they can't pay him less then that per fight. So it takes the pressure off having your pay amount tied to having to sell big PPV numbers each fight to get paid. If a PPV flops or it's a lesser name opponent that doesn't sell as much his pay drops. but with DAZN he is always paid at minimum 35M and more for bigger fights but never less.
To make 35M under the old model you have to hit probably 800k-1M PPV buys each time out regardless of the opponents and in today's era with PPVs going down not a sure thing.Comment
-
Also remember he has one of richest TV deals in Mexico on top of DAZN. He is also not so much as signed with Golden boy like a normal fighter but a business partner and co-promoter gets a cut of everything from his fights revenue and sponsor's. He is not walking home with 35M he probably taking 50 mil home from last weekendComment
-
I think he did the right deal, their isnt so many fighters out their to do conventional PPV withs/Comment
-
Exactly according to Nevada commission his fight night check was 35M this weekend but that's not all the money he will get once they are done counting all the revenue outside of DAZN like the live gate, merchandise, movie theater tickets, closed circuit, sponsor's, TV deals in countries outside of DAZN regions. He is getting paid way more then just what DAZN has to pay him per fight.Comment
-
But he would still get his Tecate money and all of that if it was on PPV and wouldn't be cappedExactly according to Nevada commission his fight night check was 35M this weekend but that's not all the money he will get once they are done counting all the revenue outside of DAZN like the live gate, merchandise, movie theater tickets, closed circuit, sponsor's, TV deals in countries outside of DAZN regions. He is getting paid way more then just what DAZN has to pay him per fight.Comment
Comment