So what's the catch to overpaying Wilder?

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  • rickJen
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    #31
    Gotta bump this precious thread of mine.

    I still don't see how PBC could recover this investment of overpaying Wilder.
    I mean Fury/Wilder 2 is a joint venture.

    HBO finally closed its boxing department and I predict
    Showtime will follow soon even after doing the May/Pac fight.
    Not to mention promoters involved in that fight are still struggling for funds
    and their fighters are plague with inactivity.

    Also, is Hearn so ****** that he can't see the forest for the trees?
    Wider vs Joshua will never happen unless Haymon had full control of everything.

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    • rickJen
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      #32
      Originally posted by BangEM
      How are they overpaying him? They would only be overpaying him if you believe the fake numbers in the press. Wilder is yet to make more that $7milliom in a fight in his career. And he didn’t even make $5million in his last fight against Ortiz.
      Lies are not easy to squash doe.
      Especially when they're repeated over and over again.
      So we have to just assume he made $20 mil in the Ortiz 2 fight
      with Ortiz getting more than $7 million.
      The question is where did the money come from when fight of this nature
      is about the same size as Porter vs Garcia, who made $1 mil and $1.6 mil respectively.

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      • Articulateboxin
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        #33
        I don't have the time to re-type or re-word this today so i'll just paste the same as what I wrote on another thread.

        Incase nobody noticed, Wilder is so overvalued at the moment (fury too), he would be in danger of bankrupting any promoter outside of perhaps Haymon himself. The smartest move from what I can see would have been to allow DAZN to take the risk, instead of slowly watching your stakeholders withdraw from your fighters fights because it just doesn't make financial sense anymore. If Fury and Wilder are earning a combined 50-60 million in their next fight, it's going need to sellout and do 800k-1m+ PPVs or once again, people are bleeding themselves dry? Both fighters are doing poorly in comparison to the amount of money they are demanding, I dread to think how much money ESPN has lost on Fury.

        After Wilder Fury 1, Arum predicted 4million PPV sales for the rematch! I can't understand it and i freaking love watching Wilder fight but these dudes are simply not a proven ROI.

        I'd imagine Haymon's loses must be in the 8 figure region by now, moving closer to the 9 figure mark. People forget how much he actually spent buying airtime with PBC's inception. It could be that he just doesn't care, he made a fortune in music and other promotional ventures so maybe boxing is just his life's passion and he doesn't mind if he loses on it - as long as it's on our screens.

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        • sunny31
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          #34
          I've been saying the same for a while, the whole Wilder situation is a sham, and his fans keep arguing and defending their position. It's just embarrassing at this stage, when you have a losing hand you gotta fold or bluff. I guess they are trying to bluff, but when his 'fans' try to convince me they are holding pocket aces I'm laughing in their faces.

          Every business decision around Wilder's career over the past 18 months has not been to the benefit of his career.

          And to answer the thread, I honestly think they've been backed into a corner and found a way to string the money together as they've been promised that Wilder will eventually do a huge ppv and the network will recoup their losses kind of like the sho Floyd contract, but it's not close to the same situation. The only guy you can recoup those losses with is with another network and even then I dont think Joshua vs Wilder in Vegas does much more than 1m buys.

          There is huge pressure on this Wilder Fury PPV.

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          • deathofaclown
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            #35
            PBC and co. Have to save face. Wilder is one of their biggest names and imagine if they lost him to DAZN because they couldn’t pay him enough? - it would make PBC look small time. If Wilder jumped ship because PBC couldn’t pay him well compared to what someone else can, then others would start looking to jump ship

            PBC know they are losing money with Wilder but what can they do?

            Let’s not forget, when PBC started to get going, a lot of fighters left Golden Boy and jumped over to PBC, because PBC were paying them a lot of money for easy fights.

            So what DAZN is doing is basically what Haymon was doing back then. And i think it’ll continue to get bigger.

            For all those that said DAZN will fail, look at the names it currently has, in just over a year.

            Overpaying Wilder is a desperate move for PBC, they know they will start becoming irrelevant if guys like Wilder start leaving.
            Last edited by deathofaclown; 01-30-2020, 06:43 AM.

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            • rickJen
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              #36
              Originally posted by kraftzman
              Don't know.

              Showtime decided to stop the bleeding so they can focus on other fights. Maybe Fox will come to their senses eventually and decide to do the same.
              Yeah, when Espinoza said, "Deal didn't make sense for us," it gave fans
              a sense that Wilder's camp is demanding money Showtime can't afford.
              Stephen fully cooperated in the Breazeale fight, but probably decided
              it's unsustainable.

              Showtime's Espinoza: Wilder-Ortiz PPV 'Deal Didn’t Make Sense For Us'

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              • OnePunch
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                #37
                Originally posted by genrick
                Gotta bump this precious thread of mine.

                I still don't see how PBC could recover this investment of overpaying Wilder.

                I mean Fury/Wilder 2 is a joint venture.

                HBO finally closed its boxing department and I predict
                Showtime will follow soon even after doing the May/Pac fight.
                Not to mention promoters involved in that fight are still struggling for funds
                and their fighters are plague with inactivity.

                Also, is Hearn so ****** that he can't see the forest for the trees?
                Wider vs Joshua will never happen unless Haymon had full control of everything.

                They cant. The same way that they cant recover the hundreds of millions lost in the first few years of PBC. Sure, the shills will point to the Fox deal, but probably 90% of that Fox or Showtime money is passed through to the fighters.

                But it would be fun to hear one of the shills explain exactly how PBC can recapture all that lost revenue, and ultimately turn a profit on top of it, especially if they are paying the fighters more than everyone else, and all the hundreds of billions of "secret back end money" lol
                Last edited by OnePunch; 01-30-2020, 07:37 AM.

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                • Bullrider
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                  #38
                  Originally posted by genrick
                  Lies are not easy to squash doe.
                  Especially when they're repeated over and over again.
                  So we have to just assume he made $20 mil in the Ortiz 2 fight
                  with Ortiz getting more than $7 million.
                  The question is where did the money come from when fight of this nature
                  is about the same size as Porter vs Garcia, who made $1 mil and $1.6 mil respectively.
                  Ortiz's case is interesting. He made $500K in the first fight, then all of a sudden he gets over more than what Garcia, Porter, Thurman combined made in their fights against each other. If that is not pouring money down the drain for nothing, I don't know what is.

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                  • DaNeutral.
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                    #39
                    He's just Al haymons pawn. Al dont care about making him the most money or legacy fights he's just a tool to be used how Haymon deems best for his business purposes.

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                    • rickJen
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                      #40
                      Originally posted by OnePunch
                      They cant. The same way that they cant recover the hundreds of millions lost in the first few years of PBC. Sure, the shills will point to the Fox deal, but probably 90% of that Fox or Showtime money is passed through to the fighters.

                      But it would be fun to hear one of the shills explain exactly how PBC can recapture all that lost revenue, and ultimately turn a profit on top of it, especially if they are paying the fighters more than everyone else, and all the hundreds of billions of "secret back end money" lol
                      Maybe Haymon just don't generally care about recovering investors' money.
                      Maybe he's just more into getting his cut from popcorn stands, ticket scalping,
                      things that investors see as trump change.

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