Fair value is fair value; if Luis Ortiz was going to come into the fight late, immediately make it a showdown that ESPN, FS1, NBC Sports and every sports related property would now have to cover, versus an event that you couldn't even get folks to say DAZN's name properly for, there is value that has just been realized, due almost exclusively to Ortiz making it a real fight, that Ortiz should get his piece of.
If Jarell Miller got almost $7m for the fight, Luis Ortiz should've gotten well over that to take his place: nowhere near 50/50, but a good piece.
No idea what money was being with, but why couldn't Ortiz get 20 on the dollar?; Matchroom Sport stages the event, the recoup their costs and take their 20%, and then the remaining 80% of the take gets split 80 to Joshua, 20 to Ortiz.
You don't want Ortiz's camp in your books, so you pay Ortiz his 20% on the 80% of the proceeds in a lump sum.
If Jarell Miller got almost $7m for the fight, Luis Ortiz should've gotten well over that to take his place: nowhere near 50/50, but a good piece.
No idea what money was being with, but why couldn't Ortiz get 20 on the dollar?; Matchroom Sport stages the event, the recoup their costs and take their 20%, and then the remaining 80% of the take gets split 80 to Joshua, 20 to Ortiz.
You don't want Ortiz's camp in your books, so you pay Ortiz his 20% on the 80% of the proceeds in a lump sum.
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