GGG doesn’t need Canelo - “$100mil deal” (now void) fell apart

Collapse
Collapse
  • Time
  • Show
Clear All
new posts
  • Thuglife Nelo
    Banned
    • Dec 2018
    • 26836
    • 1,299
    • 1,822
    • 654,176

    #1

    GGG doesn’t need Canelo - “$100mil deal” (now void) fell apart

    It was disclosed by Dan Rafael that GGG earned $7.5mil cash each fight the other half was equity. This is obvious because DAZN knew GGG’s previous metrics were shared by Canelo, so without Canelo, GGG’s metrics meant nothing for DAZN. In fact if Mikey Garcia was making what GGG would make in one fight means DAZN had nothing to worry about.

    Plus who knows what Loeffler and GGG were told regarding his equity devaluation during the pandemic. Loeffler and GGG would be insecure since they would try a new measure to assure their deals would still hold or get better.

    So GGG had earned $7.5mil x 2 (Rolls + Devry) + reduction cut from pandemic with Szeremeta which was purposefully non-disclosed. Assume GGG got $4mil for Szeremeta.

    That’s close to $20mil GGG has closed with DAZN so far. Equity can mean anything... I guess it’s good, but it’s only worth until his remaining fights are done.

    So ask yourselves, what did DAZN and GGg revise with the initial contract? The GBP DAZN deal had affected Loeffler and Oscar’s plans.

    DAZN wouldn’t bend over to GGG. They forced GgG to take a new deal because the original would’ve been void. I’m also sure GGG and Loeffler agreed to non-disclosure for Canelo in their initial contract.

    So to conclude, GGG never got a $100mil as if it’s a lump sum... tsk tsk, nor did Canelo get his original deal. Perhaps Canelo, as DAZN continues to grow, could eventually recap up to his original contract, but those total fights are long away.

    GGG only has 3 more fights. DAZN has the discretion for pandemic pays. They surely weren’t happy with the Canelo fallout and GGG plans, and DAZN knows that Canelo was being lured into it. They surely must feel awkward about that, not that it was their fault, but it was planned without Canelo knowing. They learned that GgG wanted to freeload off Canelita

    And that’s all she wrote!
  • Boxing Goat
    The G.O.A.T.
    Unified Champion - 10,00-20,000 posts
    • Aug 2013
    • 13150
    • 557
    • 1,027
    • 128,865

    #2
    Originally posted by To Be Frank Doe
    It was disclosed by Dan Rafael that GGG earned $7.5mil cash each fight the other half was equity. This is obvious because DAZN knew GGG’s previous metrics were shared by Canelo, so without Canelo, GGG’s metrics meant nothing for DAZN. In fact if Mikey Garcia was making what GGG would make in one fight means DAZN had nothing to worry about.

    Plus who knows what Loeffler and GGG were told regarding his equity devaluation during the pandemic. Loeffler and GGG would be insecure since they would try a new measure to assure their deals would still hold or get better.

    So GGG had earned $7.5mil x 2 (Rolls + Devry) + reduction cut from pandemic with Szeremeta which was purposefully non-disclosed. Assume GGG got $4mil for Szeremeta.

    That’s close to $20mil GGG has closed with DAZN so far. Equity can mean anything... I guess it’s good, but it’s only worth until his remaining fights are done.

    So ask yourselves, what did DAZN and GGg revise with the initial contract? The GBP DAZN deal had affected Loeffler and Oscar’s plans.

    DAZN wouldn’t bend over to GGG. They forced GgG to take a new deal because the original would’ve been void. I’m also sure GGG and Loeffler agreed to non-disclosure for Canelo in their initial contract.

    So to conclude, GGG never got a $100mil as if it’s a lump sum... tsk tsk, nor did Canelo get his original deal. Perhaps Canelo, as DAZN continues to grow, could eventually recap up to his original contract, but those total fights are long away.

    GGG only has 3 more fights. DAZN has the discretion for pandemic pays. They surely weren’t happy with the Canelo fallout and GGG plans, and DAZN knows that Canelo was being lured into it. They surely must feel awkward about that, not that it was their fault, but it was planned without Canelo knowing. They learned that GgG wanted to freeload off Canelita

    And that’s all she wrote!
    Waste of a long post idiot
    Last edited by Boxing Goat; 12-30-2020, 10:27 AM.

    Comment

    • HeadShots
      Undisputed Champion
      Unified Champion - 10,00-20,000 posts
      • Sep 2016
      • 10036
      • 1,933
      • 129
      • 72,763

      #3
      just logged into say OP is a bish

      Comment

      • rickJen
        Undisputed Champion
        Super Champion - 5,000-10,000 posts
        • May 2017
        • 8764
        • 822
        • 112
        • 118,371

        #4
        Equity of what?

        Comment

        • Thuglife Nelo
          Banned
          • Dec 2018
          • 26836
          • 1,299
          • 1,822
          • 654,176

          #5
          Originally posted by Boxing Goat
          Waste of an long post idiot
          Didn’t u create this thread? Lol

          Comment

          • Thuglife Nelo
            Banned
            • Dec 2018
            • 26836
            • 1,299
            • 1,822
            • 654,176

            #6
            Originally posted by genrick
            Equity of what?
            Why do GGG loyalists says “well at least Golovkin got his $100 mil”

            I see this posted a lot. Not sure some GGG diehards understand contracts and bidness

            Comment

            • Boxing Goat
              The G.O.A.T.
              Unified Champion - 10,00-20,000 posts
              • Aug 2013
              • 13150
              • 557
              • 1,027
              • 128,865

              #7
              Originally posted by To Be Frank Doe
              I like to f v ck up trolls

              You are one

              Turd

              Comment

              • Ry92
                Undisputed Champion
                Platinum Champion - 1,000-5,000 posts
                • Oct 2020
                • 1538
                • 266
                • 8
                • 9,783

                #8
                Truthfully its a business and any athlete making 2m after tax per yr is doing great add in the business aspects of you are what you command if ggg was a draw n could sale atleast 600k ppv every fight n fought 2x a yr it could be do able yet scraping paying ggg roughly 15m per fight. The metrics n business dont add up even if ggg went demolished bjs though deserving of 15m it aint selling or drastically boosting dazn subscribes. To all the ppl want to see spence vs. Crawford now you see why fight isnt made if both fighter different promotions at that cant sale 1 only does 250-300k ppv the other an anemic 150k yet they both commanding 8 figure payday to do it wtf think. If the fight sales at best 500k i doubt it but thats 35m split amongst 2 differemt networks, 2 promotions, plus. 2 boxers the math dont work. Similar to ggg if u doing crawford #s on ppv htf can pay u 15m per fight. Covid was a blessing only for the rich like musk n bezos who makes 100billion during covid 2020 n also dazn for the can restructure these overblown contracts to realistic 1s

                Comment

                • rickJen
                  Undisputed Champion
                  Super Champion - 5,000-10,000 posts
                  • May 2017
                  • 8764
                  • 822
                  • 112
                  • 118,371

                  #9
                  Originally posted by To Be Frank Doe
                  Why do GGG loyalists says “well at least Golovkin got his $100 mil”

                  I see this posted a lot. Not sure some GGG diehards understand contracts and bidness
                  Equity is only valuable when the company is making profits.
                  DAZN is no Netflix, and it's still in its investing stage spending billions of dollars
                  just like any subscription-based companies in their startups.
                  In this day and age, most netizens want everything for free.
                  It's no coincidence DAZN is now introducing PPV.

                  I'm no GGG diehard doe.
                  I don't like fighters getting paid large sums fighting the likes of Rolls, Szeremeta.
                  I find them unconscionable.

                  Comment

                  • Thuglife Nelo
                    Banned
                    • Dec 2018
                    • 26836
                    • 1,299
                    • 1,822
                    • 654,176

                    #10
                    Originally posted by Boxing Goat
                    I like to f v ck up trolls

                    You are one

                    Turd
                    I state facts! Look at my ATG chin! I used the same surgeon that worked on Froch’s nose

                    Comment

                    Working...
                    TOP