Canelo has a 10 fight contract, danz would have projections on how much they will make for the 10 fights, they didn't contract him to lose money, it doesn't matter how much he has earned so far, if he doesn't front up for the rest of the contract he will be liable for loses and damages
GGG sends DAZN letter to enforce contract. Canelo lawyers up
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You nailed it. DAZN never understood the market. You can get 2 to 3 million and trending down to watch on HBO because that is in 45 million homes and 44.8 million of the people with HBO subscribe for reasons other than just boxing.
The person that is going to pay for a service specifically for boxing does not care about the price. There is no secret boxing fan base that refuses to pay 85 for a PPV but will pay 20. If they will pay 20 they will pay 85. So even this puts a cap on the number of viewers. 4 fights ever did over 2 million PPV. Hell just 2 fighters are responsible for all 9 PPV over 1.5 million buys with Tyson and May.
If they could get 1.5 million subscribers on a year package that is 150,000,000 a year with a more realistic number at 800k buying for a year and 700 doing one-off months dropping the number closer to 100 million. They are paying Canelo 70 million a year (assuming 2 fights). They are paying ggg 30 million a year. They have 50 million towards GBP shows that they need to fill out the schedule. What ever they are paying Hearn for his shows and content. We have not got to opponents yet for Canelo and ggg. So far they have paid Jacobs 12 million when he is worth 3 million for that fight. They are paying Dervy 5 million when he is worth 500k for the fight.Comment
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Canelo has a 10 fight contract, danz would have projections on how much they will make for the 10 fights, they didn't contract him to lose money, it doesn't matter how much he has earned so far, if he doesn't front up for the rest of the contract he will be liable for loses and damages
It’s an easy case for Canelo. Canelo publicly stated that GGG needed to get a belt first. Where is it in Canelo’s contract that GGG needed to happen in 2019? If it’s not stipulated at all dAnz is out of luck. And again, from what it seems, others contracted with danz might have a conflict of interest having affected Canelo, like GGG promotions and Matchroom.
Canelo is in a very good seat. Other parties (GGG and Matchroom) at Danz have to deny or acknowledge any part of DAnz matchmaking revolving Canelo.Comment
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Thats not an easy case for DAZN at all. It gets a lot more complicated when GGG too, if true, is having a fit about not facing Canelo this year. Why would GGG and his team complain about not fighting Canelo? The only logical sense is that Canelo is somewhat worded in GgG’s contract and I don’t know why GGG’s team would feel insecure about the situation. Are they afraid GGG could lose to Devranchanko, and if so, does that affect the outcome of GGG getting his $100mil while GGG isn’t in Canelo’s contract?
It’s an easy case for Canelo. Canelo publicly stated that GGG needed to get a belt first. Where is it in Canelo’s contract that GGG needed to happen in 2019? If it’s not stipulated at all dAnz is out of luck. And again, from what it seems, others contracted with danz might have a conflict of interest having affected Canelo, like GGG promotions and Matchroom.
Canelo is in a very good seat. Other parties (GGG and Matchroom) at Danz have to deny or acknowledge any part of DAnz matchmaking revolving Canelo.Comment
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In fact aren’t Andrade vs Canelo negotiations still going now?
The real problem exists because Canelo was stripped his IBF. As you say, GBP represents him. They’re supposed to handle his career. I find it hard for DAZN, in a court of law, say, “well you got stripped the IBF because of GBP, not us, and that has nothing to do why we didn’t approve Andrade even though we marketed it.”
Like I said, Canelo has no fault.Comment
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And there is no secret country with this huge boxing fan base outside of Mexico where DAZN does not have broadcast rights for Canelo.Comment
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You better do the same. Because let me tell you something DAZN paid Canelo 350 million for his ability to drive US subscribers not because 3 people in Italy are die hard fans. They paid Canelo 350 million knowing it would be a loss leader but a way to drive US subscribers in the hope of landing the NFL Sunday Ticket package.
And there is no secret country with this huge boxing fan base outside of Mexico where DAZN does not have broadcast rights for Canelo.
The only thing DAZN can do is approve fights not mandate who he can fight. So it’s 50/50 with Canelo vs DAZN.
Joshua knew DAZN would offer Wilder a total of $100mil for Breazeale and AJ x2 fights? At least that was a public offering for all sides to know. Wilder rejected the offer and stayed with Showtime, with many Wilder fans saying Deontay did good and was worth more.
With Canelo vs GGG, Canelo never signed up for DAZN with stipulations in fighting GGG. That is fact. What is worth is that Canelo knew as GBP that DAZN was pushing for the trilogy while giving GGG $100mil. In other words, Canelo knows he’s the commodity and without him GGG doesn’t get his pay.
So you must wonder, why is GGG upset with that? Is Canelo written in GGG’s contract. Did Loeffler know that Oscar promised Skipper (off the record) in making the Trilogy? There’s a big problem in that this has affected Canelo’s Sept. schedule. Seems like he was disciplined for approved fights because he didn’t want GGG in September.
I guess DAZN didn’t like Canelo telling GGG to go and get a belt as well. With Matchroom’s recent scandal, GGG’s Multi-deal vs a non Canelo opponent.. DAZN, as Iole stated, messed up in 2019 for Q3-Q4.Comment
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He signed a 10 fight contract, he has to fight, if he doesn’t then danz will sue him for lost revenue and damages, that will be far more than his 300 million dollar contract, do the maths, do you think danz wouldn’t have lawyers crawling all over that contract, do you think danz would take oscars word or want to look over GBP contract with canelo, this garbage about clout means nothing in a court of law, canelo is bound by contract to GBP and danz, I can’t see any light at the end of the tunnel for canelo, as they say, be careful what you wish for
IF Canelo signed an agreement with GBP that they have full control over who he fights, then that puts Canelo in a position where he has to comply and takes the weight off of Oscar and none of us would be hearing about this situation. That is a big IF. Again, huge stars have more control. Floyd and Vital K were the ones who chose who they fought and recently Pac. I'd bet some money that Canelo has the final word on who he fights and if he accepts a third fight that is his choice and if he doesn't, that is his choice.Last edited by richardt; 08-08-2019, 10:23 AM.Comment
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