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

[Thuglife Nelo]

Truthfully its a business and any athlete making 2m after tax per yr is doing great

Most definitely. But it’s about how information is disclosed to the public.

GGG never got $15mil a fight. Such reporting is not fair when industry reports actual purses submitted to the commission. As Dan Rafael begs for submission info, GGG was getting $7.5mil in cash.

[TonyGe]

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!

"That's all she wrote". At least now we know your gender. That and the fact that you are given to making long winded barely readable posts based on your emotional female speculation.

[Mammoth]

I think GGG has 6 more fights after the revised deal

[Thuglife Nelo]

I think GGG has 6 more fights after the revised deal

Where did U get this info? That’s actually good too. As long as GGG gives good fights I’m game. I do want the Canelo trilogy too now, but it’s gotta be at 168. Full Beast mode GGG. His defense is underrated. The Banks adjustment had a really bad start. We’ve seen GGG’s style completely change, but now he’s back to jabbing proper. Tbh, long layoffs help too. Full recovery. I’m enjoying my 2quid subscription

[TernceBudCharlo]

GGG and Canelo are both fooling you all. You spend so much time arguing with each other but are clueless that these guys both hate your guts and don't care about you at all. And are both complete frauds.

[Thuglife Nelo]

GGG and Canelo are both fooling you all. You spend so much time arguing with each other but are clueless that these guys both hate your guts and don't care about you at all. And are both complete frauds.

That’s great. Crawford can stay fighting whoever as Charlo. Time is of the essence!

[turnedup]

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.

This is simply not true. You may want to look up how equity actually works. A company that is bit profitable still has value because it’s assets and market share carry a numerical value. A company always has a value number to it if it has more than a 0.05% of the market at the very minimum. Folks really need to take basic investment classes around here.

[TernceBudCharlo]

That’s great. Crawford can stay fighting whoever as Charlo. Time is of the essence!

at least he gives back to his fans by fighting in his hometown all the time

[TheBoxGod]

Whatever it is just get it while the getting is still good imo. Okay GGG didnt get his 100 million because if we being honest GGG worth is attached to canelo without Canelo GGG worth dramatically drops but okay that just shit talking points to make fun of GGG and his fans who hate Canelo but in reality he's still getting paid millions and at this point in his life the goal is to get as much as he can before them boxing curtains close up on him.

[rickJen]

This is simply not true. You may want to look up how equity actually works. A company that is bit profitable still has value because it’s assets and market share carry a numerical value. A company always has a value number to it if it has more than a 0.05% of the market at the very minimum. Folks really need to take basic investment classes around here.

So what makes GGG so special? It (equity) was described as a perk,
which even Hearn, GBP, Canelo didn't receive as part of their deals.