Top Rank hemorrhaging money. Looking to take more fights overseas

[Citizen Koba]

Show me any credible info showing they're losing money and I'll make that thread. Not guesses. Not from people who wrongly claimed PBC spent half a billion dollars. Actual evidence like the evidence in this article

It's clearly not a good situation for Top Rank, possibly the price Bob is paying for concentrating on elite foreign talent rather than the PBC route of going for depth in US fighters. It's not actually saying TR are losing (or indeed hemorrhaging) money overall though, just that they're making a moderate loss on the live gate. They'll still be getting paid by ESPN for the content, and whilst I can't actually find a $ figure for that, going off ESPNs UFC deal or PBCs SHO/Fox deal I'd expect that to far outweigh the loss on the live gate.

Still, it really ain't a good look for Bob, and nor can I imagine ESPN are gonna be crazy about paying for foreign cards which probably won't get huge US interest, so even though you are - once again - overselling things with your headline, you can probably chalk this up as an L for TR (or a W for PBC if that's your angle), at least as far as boxing, especially live boxing, in the US goes. Whether or not the global sport is ready to support a global promotion only time will tell I guess.

[bballchump11]

PBC the only ones making money.

[killakali]

Show me any credible info showing they're losing money and I'll make that thread. Not guesses. Not from people who wrongly claimed PBC spent half a billion dollars. Actual evidence like the evidence in this article

There is no vidente that they are hemorrhaging money. It doesn’t even state how much tv money they are getting.

It says they aren’t getting the get money they want. You added the word hemorrhaging.

Wilder just made 20 mil Ortiz 7 mil and LSC 3 mil. That event you could say was “hemorrhaging” money. All thanks to the lucrative offers DAZN made to Wilder and Ortiz, which forced the PBC to pay them well more than they had made prior to the DAZN offers.

[j0zef]

Nowhere in that article does it say or imply that TR is hemorrhaging money.

[Bob Haymon]

How much money is PBC hemhorraging? How much did they lose when their great white hope Caleb Plant sold less than 900 tickets in a 7,000 seat arena? How much did they lose when the Danny Garcia and Shawn Porter fights sold less than 20% of the Dignity Health Sports Park? How much did they lose on the thousands of ticket giveaways they did for Wilder's fights? What amount is lost when advertisers won't pay top dollar for less than 200k viewers on FS1? I'm sure Charlo-Harrison will be a massive windfall although with the arena being scaled down to about 25% capacity and tickets priced at a ridiculously low $30 I wouldn't count on it.

[Bob Haymon]

Looking forward to your thread about the PBC hemorrhaging money like they did in the Wilder fight at the weekend. You seem to of covered every other base and all thats left for you is a PBC one. Oddly it appears like you are swerving having anything negative to say about the PBC. But that cant be right you claim you are neutral.

Every PBC show is a sell out. Every fight has record high ratings and does a $10 million gate. You're a racist if you don't believe that.

[Motorcity Cobra]

It's clearly not a good situation for Top Rank, possibly the price Bob is paying for concentrating on elite foreign talent rather than the PBC route of going for depth in US fighters. It's not actually saying TR are losing (or indeed hemorrhaging) money overall though, just that they're making a moderate loss on the live gate. They'll still be getting paid by ESPN for the content, and whilst I can't actually find a $ figure for that, going off ESPNs UFC deal or PBCs SHO/Fox deal I'd expect that to far outweigh the loss on the live gate.

Still, it really ain't a good look for Bob, and nor can I imagine ESPN are gonna be crazy about paying for foreign cards which probably won't get huge US interest, so even though you are - once again - overselling things with your headline, you can probably chalk this up as an L for TR (or a W for PBC if that's your angle), at least as far as boxing, especially live boxing, in the US goes. Whether or not the global sport is ready to support a global promotion only time will tell I guess.

They blew their ESPN budget this year.

[The3]

Beterbiev-Gvozdyk in the USA was a ****** move , When is Lomachenko fighting in his country

[Larry the boss]

Arum is 100 years old and worth $300 million he can do whatever he wants..who cares??? it isnt our money

[Motorcity Cobra]

Americans like American fighters. Particularly black American fighters if you go by the top PPV fighters of all time. And you have to be strong at Welterweight, Middleweight, and Heavyweight. If you're going to invest sub 140 you have to have a dynamic Mexican star.

Manny is an outlier. But he made his bones be beating Mexican stars. But you see he still had to go to 147 to become a star.

It's not hard to figure out. But it is hard to execute.