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

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  • Curt Henning
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    #21
    Originally posted by killakali
    Al doesn’t really care about making money anyway. It’s about winning the game. He has his own personal wealth.

    Al still has Waddell and Reed money. That’s a fact.

    A Pacquiao Spence or crswfour d fight won’t make him all the money back. It’s about power and control.

    He won’t get all that money back on wilder either.

    I know floyd has investments and I also know for a fact he’s not a billionaire. I also know he’s been swindled more than once while working with al. Al couldn’t stop it.
    al doesnt run floyds portfolio....if he did then floyd wouldnt get swindled like he has....were all aware of it....but al isnt a money manager...if he was he would be waddell and reed and not having them fund him.....al earned floyds money...what he did with it after that is on someone else who isnt al...if al was telling floyd what do do with his money he probably wouldnt let him gamble the way he does...but al doesnt control what/how floyd spends it

    also...i can tell you really dont know what youre talking about.....spence vs thurman/pac winner + taking that winner into a crawford fight would def make al back any losses he might incure with pac/thurman

    alright....i dont have the time or energy for schooling u rookies like you any more tonight

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    • killakali
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      #22
      Originally posted by Curt Henning
      al doesnt run floyds portfolio....if he did then floyd wouldnt get swindled like he has....were all aware of it....but al isnt a money manager...if he was he would be waddell and reed and not having them fund him.....al earned floyds money...what he did with it after that is on someone else who isnt al...if al was telling floyd what do do with his money he probably wouldnt let him gamble the way he does...but al doesnt control what/how floyd spends it

      also...i can tell you really dont know what youre talking about.....spence vs thurman/pac winner + taking that winner into a crawford fight would def make al back any losses he might incure with pac/thurman

      alright....i dont have the time or energy for schooling u rookies like you any more tonight
      Where your so wrong is that with manny getting 20 for Broner and thurman u are assuming manny will take 20 for Spence. I don’t see that happening. Manny doesn’t need Spence and could skip that completely. His contract is up after thurman. He could go a completely different direction or fight garcia vs garcia winner. And also how much would Spence want?

      Lastly u are acting like this his manny from 2009. U act like manny vs Spence would do over a million buys.

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      • spenz
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        #23
        Originally posted by Longhaul
        Everything is going to plan and when Spence has his 3belts its up to 154.There will be no fight at 147 between them.
        It's a legit issue because Errol's body is ready to burst at any moment. One day he would wake up and he could no longer make 147 comfortably. Let's hope that it does not happen till end of 2020. We want them at 147 for sure.

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        • sicko
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          #24
          It is money that comes in from ALL OVER THE WORLD that Promoters don't tell fighters about! The cut deals with Networks from all over the world and make Fighters and Fans THINK that money is only being Generated in America

          So yes "BACK END MONEY" "2nd Checks" are very real and it can accumulate into some HUGE Checks particularly when you don't have a promoter keeping it from you. Pacquiao is likely generating more money than he ever generated off of a fight overall because now HE is getting to see his International Worth and is likely keeping all that money from overseas now especially in and around the Philippines that he wasn't told about while having a promoter

          THIS is why Mayweather, Oscar, Cotto and others all made more money after leaving Arum

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          • KTFOKING
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            #25
            Originally posted by killakali
            he doesn’t need to do that. He still has part of the Waddell and Reed investor money. That fighter is a multimillionaire but you and I both know he isn’t worth a billion. He doesn’t always make the smartest investments. He might have helped make him a billion but he never had a billion.
            How much money do you think Haymon made from the Pac/McGregor PPVs?

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            • Fanofreason
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              #26
              PBC sells sponsorships at the highest price in the industry.

              You guys are not realizing the sponsorship agreements that they have.

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              • Scipio2009
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                #27
                Originally posted by killakali
                He gave manny $20 million for Broner. It’s an easy answer. Waddell and Reed.
                Nearly 4 years after folks like you were on here, talking all that ****, about how Haymon blew all of the investor money as if he was some kind of fool, you're dragging out that tired excuse again?

                The fight drew 400k PPV buys in the US, not sure of the live gate but $5m+ isn't a bad guess imo, ITV paid what they paid for the UK TV rights, sponsors from the Philippines must've stepped up in a meaningful way to get center ring, and everyone was eating off of the same plate.

                All the bills got paid, every fighter got their money (to then pay their camps), Haymon likely still didn't lose any money, and he delivered card featuring 10 other opportunities for the rest of the roster.

                Haymon is working with TV money approaching $4m for each of the Showtime/FOX events, and that's before you count tickets and international TV.

                No, he's not just getting bailed out

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                • KTFOKING
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                  #28
                  As for the question at hand? I don't know, but go back and look at what Floyd was wanting to fight DLH and Arum's response to that.

                  But if we take hits word in this, he thought it was going to be a "huge" mismatch and didn't want to see Pacquiao take a bad beating.

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                  • THEFRESHBRAWLER
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                    #29
                    Originally posted by Curt Henning
                    if al needed money he can get it.....hes not needing it...if he needs to fund a fight he has plenty of places he can go....als "credit" is good with alot of people including a fighter he made a billionaire out of
                    I think Mayweather Promotions is prompting this fight again. Wouldn’t surprise me if his purse was paid by Mayweather Promotions. They have promoted a lot of big fights lately

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                    • killakali
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                      #30
                      Originally posted by sicko
                      It is money that comes in from ALL OVER THE WORLD that Promoters don't tell fighters about! The cut deals with Networks from all over the world and make Fighters and Fans THINK that money is only being Generated in America

                      So yes "BACK END MONEY" "2nd Checks" are very real and it can accumulate into some HUGE Checks particularly when you don't have a promoter keeping it from you. Pacquiao is likely generating more money than he ever generated off of a fight overall because now HE is getting to see his International Worth and is likely keeping all that money from overseas now especially in and around the Philippines that he wasn't told about while having a promoter

                      THIS is why Mayweather, Oscar, Cotto and others all made more money after leaving Arum
                      Manny already knew this and already made this money with his contract in the Phillipines. Plus he had his own promo company. That’s why he routinely made 20-30 mil or more per fight with TR until the last couple of fights when he was losing and his ppv numbers crashed

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