How was haymon able to give manny $20 mil for thurman?

[killakali]

How many were left on Floyd's or Oscar's contract when they left?

U think that same clause Floyd used to break free is in Terence’s contract too? Lmao

Plus why would he want to leave?

[killakali]

Al Haymon, this was the case at least a year ago, basically owns 50% of LiveNation's hip hop/r&b touring business (chase down that value if you want), has how many show/movie credits from his work in TV, plus a basically 20-year with his management company.

And that's just the obvious stuff; money's not an issue for the man.

Errol Spence Jr, as the WBC/WBA/IBF 147lb champion will give Haymon a bankable star for as long as Errol wants to fight (even more so with Canelo fighting on an app that few have against whomever).

Deontay Wilder keeps winning in style, and he becomes a superstar too, with or without Joshua.

All while Haymon is still bringing along his 200+ fighters, earning his 10%-15% from the 70 or so fighters currently earning over that $250k threshold.

Floyd has his money tied up, if what's been put out there is true, mostly in annuities, REITs, and property. He has Mayweather Promotions, Mayweather Boxing Club, the TMT clothing brand, and Girl Collection to himself, and he's also partnered with folks in his circle on at least 4 other businesses, but the vast majority of his money is locked in interest-bearing assets that work on his behalf.

I have no idea how much money Floyd got "swindled" out of, but before the Canelo fight, Floyd had at least $150m in cash in the bank, the Big Boy Mansion in Las Vegas, homes in Los Angeles, Miami, and New York, a pretty stellar car collection (black in Vegas, white in Miami), a pretty good watch collection, however much in luxury bags/clothes (no idea how to value that), and apparently his own jet, with basically no creditor issues.

Floyd faces a forced liquidation of everything that moment, Floyd is likely talking about $250m-$275m in cash and assets. And that's before splitting at least $100m with Canelo, at least $400m with Pacquiao, another $400m with Conor McGregor, a likely $200m for the other 4 fights on the final Showtime/CBS deal, and that's without counting any side money (sponsors, appearance fees, etc).

Pay taxes, trainers, Haymon, etc, Floyd likely left boxing with $700m-$800m in assets to his name, with a handful of places delivering him residual income for just existing.

10Y treasury pays you about 2.5% each year; $500m in 10Ys earns you $12.5m per year, basically risk free without touching any of the principal.

SPY gives 4 times that (counting dividend plus avg growth), without really raising the risk all that much.

Whether he's there or not, he had a heckuva headstart from, and simple compounding of interest likely gets him there by the time he's 50, if nothing goes wrong.

its not a billion Dollars and a strop club is hardly a great investment plus how many millions has he lost ********?

He’s came back before because he needed money.

I’m not saying he’s broke. Just saying he’s not a billionaire

[killakali]

Pacquiao got $20m, Broner got $6m; cool story and won't argue it. Pay for the undercard, stage the event, market/promote the event, and everything in, let's even say that $30m was needed to break even.

Half the generated revenue and you've got ~$15m coming from US TV, with another $6m from the live gate. $9m to go.

ITV carried the fight in the UK, the live fight was PPV in the Philippines, with DAZN paying up for the rights in their European territories and Japan, with the folks behind Disney+ paying up for the rights to the fight across Latin (with TV Azteca keeping Mexico to itself).

And then you've got the event sponsors.

Simply looking at the pieces, obviously without having the complete information, simply stating that the fight lost money because that's what you think is a bit much.

They lost money. U saying they kept the 6 million gate is hilarious. They received a site fee for less than 6 million.

The card cost more than 30mil to put on. You forgot Badou jack and Marcus browne were on the card. Jack made over a million himself.

You forgot about the fighters Haymon flys in. All the tickets he buys that contribute to that 6 million gate, media dinners, lunches etc.

Philippine ppv is funny. What did it bring in 100k? Remember foreign tv isn’t that big. ITV isn’t paying big money for 2 foreigners at 4am in the morning. Neither is japan.

I would bump your expenses to closer to 35mil

Also remember the ppvs were just under 400k so it didn’t hit 30mil in revenue.

[killakali]

But you told me the money ran out and that’s why they had nothing left for shows last year

I never said they ran out of money. I said blew most of it. I’m sure he’s got 100 million or so laying around besides his own personal money.

What you mean to say is showtime has nothing to show for it lmao

[IMDAZED]

I never said they ran out of money. I said blew most of it. I’m sure he’s got 100 million or so laying around besides his own personal money.

What you mean to say is showtime has nothing to show for it lmao

Nah you did. But hey they never got a deal either.

[daggum]

he's giving wilder 100 million so another 20 on top is nothing

[killakali]

Nah you did. But hey they never got a deal either.

show me where I said it.

[Motorcity Cobra]

U think that same clause Floyd used to break free is in Terence’s contract too? Lmao

Plus why would he want to leave?

A buyout is can be negotiated. Haymon has negotiated several fighters out of their contract via a buyout. It all comes down to a number both sides agree on

[Thraxox]

Top Rank really screwed Crawford there. Pacquiao's scalp should have been Crawford's.

Pacquiao said that the fight will happen with Crawford for 20 million back in 2016-2017. Welp, it didn't happen.

[Thraxox]

Pacquiao got $20 million for fighting Bradley. He probably would've wanted a lot more to fight Crawford. There's no way Top Rank could've guaranteed the type of money Pac wanted that's why Manny had to go looking for Arab billionaires to pay him what he was asking for. After that whole situation turned out to be a scam and there was no Dubai fights vs Khan or DSG he settled for less money to fight Horn in Australia.

Pacquiao said that he'll fight Crawford for 20 million back in 2016-2017, Bob Arum declined.