Haymon's PBC empire hanging by threads

[Monzon99]

Haymon blocked all those fights just like he and Floyd blocked Pacquiao for six years until Moonves forced it. Haymon also blocked Floyd vs unbeaten Cotto in 147 unification when Cotto was with Arum (Haymon couldn't rig it). Haymon also protected Floyd from Margarito and rigged Williams into WBO mandatory to take Margarito's belt.

Haymon clearly protects his key assets. If you don't realize this, shame on you.

[Monzon99]

If Wilder gets by Ortiz then Fury is the end of his road. I already said this awhile back and now that Spence is out its a bleak future . Once wilder loses its game over and we'll get some fights that are or would be blocked by this group . Its highly unlikely the AJ fight comes off unfortunately .

Wilder is being rigged not to lose. Same for Canelo.

[daggum]

he didn't refuse. the wbc ordered the fight and called for a purse bid as kovalev was the mandatory. kovalev ducked the fight and refused.

yes he knew haymon would win the bid and he couldnt fight off hbo. he said he would fight stevenson on hbo since stevenson was a "free agent" and for the same exact purse split. stevenson is like nope i got my out so i dont have to fight you good day sir, more bums for me. why didnt stevenson take the same split and just fight on hbo? because haymon was in a network war. same reason wilder didnt fight joshua for a billion dollars. thats the problem of being a "manager" and also a guy who is trying to build up a network. sometimes you make decisions that don't help your fighters because you want your own business to succeed

[Eff Pandas]

Lol oh yeah PBC bout done.

I'll take the over on Al still being a player in boxing via PBC in 5yrs unless he f#cking dies. PBC isn't going anywhere anytime soon.

[REDEEMER]

Wilder is being rigged not to lose. Same for Canelo.

Canelos going to have problems with Andrade and Beterbiev.

Wilder will have problems in the Ortiz fight ,the biggest opponents for Ortiz is going to be the judges . Wilder cant really be rigged to win much longer ,hes already unofficially lost to Fury and will lose a rematch if he gets by Ortiz .

[Larry the boss]

Haymon blocked all those fights just like he and Floyd blocked Pacquiao for six years until Moonves forced it. Haymon also blocked Floyd vs unbeaten Cotto in 147 unification when Cotto was with Arum (Haymon couldn't rig it). Haymon also protected Floyd from Margarito and rigged Williams into WBO mandatory to take Margarito's belt.

Haymon clearly protects his key assets. If you don't realize this, shame on you.

1-How did Floyd or Haymon block the Manny fight?? Manny was the one who walked over drug testing

2-Cotto himself said the Mayweather fight was never on the table so what are you talking about??

3-Haymon had 0 to do with Floyd or Margo..Arum would not guarantee Floyd the Oscar fight so he left and made his own way


****** lies like this spread and have 0 facts to back them up

[DARTH SILKWORMS]

yes he knew haymon would win the bid and he couldnt fight off hbo.

that's not true. kovalev was a network free agent at the time.

[Monzon99]

1-How did Floyd or Haymon block the Manny fight?? Manny was the one who walked over drug testing

2-Cotto himself said the Mayweather fight was never on the table so what are you talking about??

3-Haymon had 0 to do with Floyd or Margo..Arum would not guarantee Floyd the Oscar fight so he left and made his own way


****** lies like this spread and have 0 facts to back them up

Fraud Duckweather used the drug testing as a fight blocker. When Pac finally agreed to Floyd's crazy blood tests up to the day of fight, Floyd found a new excuse: I won't do business with Arum.

Cotto and Floyd was prime for 2008, both undefeated at 147, both champions, both with HBO but Floyd and Haymon didn't want it. Cotto wanted it. Floyd said it won't happen because of Arum and because Cotto had low PPV numbers.

Arum wanted the Oscar fight because it was big $. Floyd was lying again to save his sorry a55. Arum wanted Floyd vs Margarito first the same Margarito Floyd said was slow basic and one dimensional. You're a dummy who believes every lie Fraudweather says.

[The Big Dunn]

Oct 2019 join date. Which banned crazy pac slurping idiot is this?

[Inspired]

https://www.bloodyelbow.com/2016/9/2...bc-boxing-news

That lawsuit was dismissed voluntarily and subsequently taken to Kansas state court along with a change in some of the plaintiffs, but the thrust of the allegations remained the same – that trustees of two Waddell & Reed Financial (Waddell) investment funds, Ivy Asset Strategy and W&R Asset Strategy, permitted and approved purchases of roughly $925 million in private securities in a “start-up and potentially criminal company in the field of professional boxing promotion” in violation of the stated terms of the funds’ prospectuses.

The optics of the deal didn’t look good when Ryan Caldwell, one of the Waddell portfolio managers purportedly involved in brokering the massive alleged investments into Haymon en******, later left the mutual fund firm to become Chief Operating Officer of PBC, an entity allegedly financed by investments he helped facilitate.

fraud



According to an Amended Petition recently filed in Kansas state court, in April 2013 the two Waddell funds – Ivy Asset Strategy and W&R Asset Strategy – began investing in Media Group Holdings (MGH), alleged to be “a ‘shell’ holding company owned by the Funds or [Waddell] which, in turn, invested in one more [sic] business en****** owned and controlled by Alan Haymon.”



that is dodgy as fk.



From the very beginning, PBC’s business model was reportedly to spend money on risky deals in the hopes of earning future high returns. It would undertake time buys to get on television networks such as NBC, NBCSN, ESPN, ESPN Deportes, CBS, FOX, Fox Sports 1, Spike TV, and Bounce – something Caldwell described to Sports Business Daily as being “the irrational player for a while” and “turning the model completely upside down.”

“You have to be capitalized for three to five years to do this,” said Caldwell when Haymon asked for “X” and Caldwell offered “X-plus.”



According to SEC filings, the fair value of Waddell’s MGH investments through the Ivy Asset Strategy and W&R Asset Strategy funds has plunged by $624 million over the course of roughly three years from $925 million to $301 million, for an overall return on investment of -67.5%.


WOW

In February, Lance Pugmire of the L.A. Times sampled 10 California and Nevada PBC events and found only $3.9 million in gate revenues to go along with $19.2 million in fighter purses and state fees and wrote, “…the early financial returns suggest Haymon’s business model is not working.”


what al haymon wanted to do, was monopolise boxing and make the money back off future ppv stars.
However al haymon hasn't built any new ppv stars...and dazn has come in with a billionaire backer...
it makes sense why pbc people are so bitter about dazn and eddie hearn.

HOWEVER
al haymon did secure the Showtime and Fox Sports contracts/extentions which meant he has around $125m a yr. However he's doing more cards, which means less money per card than what Matchroom have. the arrival of dazn also led espn to pump money into top rank. if dana white comes in with a new espn contract, it won't be good for pbc. even though dana has said he likes al haymon and wants to work with him, the reality is dana would rather sign pbc guys.

the investment fund doesnt really mean anything though, all that money was to set up pbc from scratch. where pbc is right now, it can make a lot of money because boxing is only going to grow as a sport. i don't think one company is going to dominate it. Still it's market share is getting smaller.