Has Roc Nation Sports profited on any event they've put out so far?

[Nubia]

I don't understand how companies like these stay afloat. They don't seem to ever make a profit. Hell, they don't even have the resources to get their high level fighters big fights.

[about.thousands]

I don't understand how companies like these stay afloat. They don't seem to ever make a profit. Hell, they don't even have the resources to get their high level fighters big fights.

Canelo-Cotto

[Nubia]

Canelo-Cotto

But how much do you think they banked from that fight? Compared to what Golden Boy made?

[about.thousands]

But how much do you think they banked from that fight? Compared to what Golden Boy made?

Although it seems like Golden Boy did all the promoting, Roc Nation was the lead promoter so they made more than GBP

[about.thousands]

They might make money on Ward's next fight depending on how much HBO bought it for and the fight purses. I know Ward got paid $2 mil for the Smith fight on BET.

[FrankieBruno]

Canelo-Cotto

They never made back what they spent on Cotto, also remember he has co promotional rights

Rocnation are taking a loss, this however is normal for startup's. Al Haymon is also still taking a loss, it was part of his business plan.

First few years are losses, but i just don't see a very bright future for them

[FrankieBruno]

They might make money on Ward's next fight depending on how much HBO bought it for and the fight purses. I know Ward got paid $2 mil for the Smith fight on BET.

Rocnation are not making bank off Ward.

Ward is making bank off Rocnation though, they have guaranteed him over $2 million for every fight

[about.thousands]

They never made back what they spent on Cotto, also remember he has co promotional rights

Rocnation are taking a loss, this however is normal for startup's.

First few years are losses, but i just don't see a very bright future for them

I thought he was asking about single events. Over the length of Cotto's contract I don't know if they'll make a profit. But they have profited off of the Cotto-Canelo fight.

[about.thousands]

Rocnation are not making bank off Ward.

Ward is making bank off Rocnation though, they have guaranteed him over $2 million for every fight

Like I said, it depends on how much HBO paid for the fight. I don't know that and neither do you so you can't make a factual statement.

[FrankieBruno]

I thought he was asking about single events. Over the length of Cotto's contract I don't know if they'll make a profit. But they have profited off of the Cotto-Canelo fight.

The profit against what the paid for him will = a loss

They paid $55 million for him an because it is a cross-promotion deal, Cotto could end up earning over $100 million.

He has one fight left on his contract.