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Comments Thread For: Ellerbe To Hearn: Hate on What? Everybody is Laughing at You!

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  • #51
    Originally posted by markther
    When you resort to name calling, it shows your lack of business knowledge and financial aptitude. It’s ok to not like or even hate Ellerbe. Who cares, Ellerbe has more money than both of us combined and Eddie Hearn too. He earned it by any means necessary, starting from the bottom and working his way up. Great example of starting from nothing and earning millions. I’m not mad at him.

    Wikipedia, Business Insider, IMDb, Forbes and many others online reliable sources report on Leonard Ellerbe’s net worth. One reported it at an estimated net worth of $129 million.

    When you are an obvious idiot what do you want me to call you? Mayweather promotions made $350m from boxing according to their own website. I don’t know how much financial analysis you know but when you do COP ratios you always adjust for bias. Mayweather is likely to overstate rather than understate revenues but let’s give him the benefit of the doubt here, let’s assume they made $350m as claimed, the other promotions brought in negligible revenues. How will a gross of $350m translate into $120m for Ellerbe? If anything you are showing complete lack of business knowledge.

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    • #52
      Originally posted by markther
      I’m not taking it as gospel, the website of Mayweather promotions states Ellerbe is CEO and list all of the employees of the company. I will email them on Monday to edit his title on the website to “operations” and make Nicole Craig CEO. They will probably be fixing that soon anyway. And who is “everyone,” the people here on the boxing forum or people you personally know? Only the people in the room during negotiations know the extent to the involvement of everyone there and all parties concerned. Floyd who is the President states Ellerbe is a shrewd business man. Haymon speaks highly of him, I guess he is blowing smoke too. And I forgot, president is a glorified title for Floyd also, LOL!!!!
      Check that website, have you seen how many operations guys there are? Mayweather promotions isn’t a big organisation in terms of operations and there is a small span of control. It is very reliant on Floyd Mayweather and a typical briefcase company which can be operated from Starbucks or any corner shop using a laptop and a mobile phone. Al Haymon does all the negotiations and handles contracts. Broadcasters are in charge of distribution of the product and the Finance Function is outsourced. They don’t have many debtors as their customers are very few. Their revenues are in lump sums. The truth is that Ellerbe is Mayweather’s personal assistant with a huge title. I told you this is substance over form and you can’t get it because you probably at the best just have a bachelors degree and have never been part of the strategic apex.

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      • #53
        Hearn don't want to go head to head with the money team they'll put them in the poor house

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        • #54
          Ellerbe and TMT might be the biggest joke in boxing, they have one decent fighter who is being protected like a baby from everyone with a pulse. The rest of their stable is trash.

          Fat nostrils just exposed himself with that quote. Hating on a promoter who tries to make the best fights and taking risks with his champions.

          Ellerbe/TMT not willing to take any risks, just taking fights vs handpicked bums they know their protected cowards can win easily again and again. Cancer of boxing right here.
          Last edited by Jubei; 08-24-2019, 03:44 AM.

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          • #55
            Originally posted by Jubei View Post
            Ellerbe and TMT might be the biggest joke in boxing, they have one decent fighter who is being protected like a baby from everyone with a pulse. The rest of their stable is trash.

            Fat nostrils just exposed himself with that quote. Hating on a promoter who tries to make the best fights and taking risks with his champions.

            Ellerbe/TMT not willing to take any risks, just taking fights vs handpicked bums they know their protected cowards can win easily again and again. Cancer of boxing right here.
            Couldn’t have said it any better

            Ellerbe is a clown he’s lucky the TMT fan base are thick as s**t

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            • #56
              Originally posted by rolshans View Post
              He's wrong in saying Eddie Hearn shouldn't have picked Ruiz.

              Essentially, what he's saying is that Hearn shouldn't have picked a tricky opponent -- someone who could beat AJ. He's saying Hearn should've picked an easier opponent for the world HW champ.

              It's pathetic, and it shows in his management of Davis.
              From a fan perspective you are right. From a promoter perspective Ellerbe is right. The fight was intended to be a showcase. It's called matchmaking. Ellerbe is saying you don't pick a style nightmare like Ruiz on short notice for your US debut.

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              • #57
                Almost everytime I hear Ellerbe talking, he's talking about a good fight not happening.
                Even in a rant on Hearn, he manages to hate on Hearn for making a good fight, and praise Arum for the Ramirez situation, while not be willing to do the same with his fighter.

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                • #58
                  Ellerbe is slimy. Best word I can describe him with. Eddie Hearn is very likable and wants to set up great fights. TMT is all that's wrong in boxing. Let Crawford fight Spence, let Tank fight Farmer and respect Farmer. Let Tank fight Lomachenko. The strategy of keeping Tank sheltered from other champions is egregious to true boxing fans.

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                  • #59
                    Originally posted by markther
                    According to Wikipedia, Forbes, various online resources, Leonard Ellerbe's estimated net worth as of 2019 is $120 Million compared to 20 million by Eddie Hearn. Ellerbe is the CEO of Mayweather promotions. Eddie Hearn is the managing director of Matchroom Sport, his father Barry Hearn's company. Eddie holds 2,000 shares with that company.

                    There is a good article about Leonard Ellerbe here. I like to research people a little more before making assumptions about them. After reading this article, I have a lot more respect how he got to where he is today. This article states he was very instrumental in Floyd becoming the 1st billion dollar career earnings fighter in history.

                    https://www.linkedin.com/pulse/ceo-l...emane-cpa-cma/
                    Originally posted by Jim Tom View Post
                    This is nonsense. If Floyd earned around $420m how did ELLERBE earn $120m? Boxing trainers don’t earn that much and ELLERBE is not involved in negotiations but Haymon is. Most of the advice Mayweather gets is from Haymon not Ellerbe. ELLERBE is just an operations guy and everyone knows operations is the lowest form of management. Mayweather promotions generated about $1b in Ppv sales and that has to be split with broadcasters so the $120m for ELLERBE is hogwash.
                    Originally posted by markther
                    That is what is being reported but you sound real mad, LOL!!!!!
                    Leonard Ellerbe's Net Worth
                    Leonard Ellerbe's net worth has growing significantly in 2019. According to many Online resource, Leonard Ellerbe's estimated net worth $1 Million - $10 Million (Approx.).

                    Estimated Current Net Worth $1 Million - $10 Million
                    Last Year's Net Worth (Approx.) $500K - $1 Million
                    Salary (Annual/Monthly) Under Review.
                    Source of Income Primary Income source Entrepreneur.
                    Net Worth Verification Status Not Verified

                    https://acinemaaz.com/leonard-ellerbe-net-worth/


                    Leonard Ellerbe Net Worth
                    In 2018, Leonard Ellerbe's net worth has growing significantly. End of the year, Leonard Ellerbe's estimated net worth Under Review. You may check Estimated Net Worth of Steve Chen, Eddy Zillan and Éva Goicochea.

                    Net Worth (2019) $1 Million - $10 Million (Approx.)
                    Estimated Net Worth (2018) $100K - $1 Million
                    EstimatedNet Worth (2017) Not Available

                    https://idolcelebs.com/networth/leonard-ellerbe/

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                    • #60
                      Originally posted by Ake-Dawg View Post
                      From a fan perspective you are right. From a promoter perspective Ellerbe is right. The fight was intended to be a showcase. It's called matchmaking. Ellerbe is saying you don't pick a style nightmare like Ruiz on short notice for your US debut.
                      AJ was, what, a 16-1 favourite? How lopsided and predetermined do boxing promoters want fights to be? 20-1?

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