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Mayweather really is Money with business dealings
September 17, 2011
The New York Times reports on the payout Floyd Mayweather is set to receive from his fight against Victor Ortiz Saturday. With all said and done, Mayweather could be paid $40 million.
In addition to his reported $25 million payout for fighting Victor Ortiz, Mayweather will receive a portion of the gate, concessions, souvenirs and PPV revenue.
Richard Schaefer of Golden Boy Promotions explained the structure to the NY Times.
Via NY Times:
To explain the business model, Schaeffer starts with a pie. A little more than half goes to the distributors (Time Warner, DirecTV, etc.). The balance goes to the network, HBO or Showtime, which takes its distribution fees and hands the rest to the promoters.
In this case, [B]Golden Boy has one contract with HBO and another with Mayweather Promotions[/B]. But the money, less what distributors and networks take, is under Mayweather’s control; normally the promoter would control it.
In addition, there is the PPV revenue which Schaeffer includes other revenue streams from that:
Those streams include foreign sales for a fight broadcast in 168 territories; closed-circuit revenues (in 2,000 or so bars and restaurants nationwide, in theaters and in rooms at Las Vegas casinos); site revenue (ticket sales, merchandise); and sponsorships.
Its an unprecedented payment structure that rationalizes the opulence Mayweather flaunts. But for the spoils, there is the risk as Mayweather, or Mayweather Promotions, must put up $10 million in expenses to market the fight.
Okay looking at this fight deal we see this.....
HERE ARE THE FACTS:
1.) FLOYD PUTS UP 10 MILLION OF HIS OWN CASH AND YOU GUYS EXPECT HIM TO SPLIT THAT WITH MANNY?? (HE WILL PUT UP MORE FOR THE MANNY FIGHT)
THATS simply not logical at all. Floyd invests his cash upfront, and then splits it with manny...
WOULD ANY OF YOU DO THIS?? If you say yes, then thats why you are broke now...
FACT: Floyd also has a historical higher guarantee than pacquiao....
By co-promoting Floyd has a deal with goldenboy as well. So now he splits his earnings from GOLDENBOY WITH MANNY AS WELL??? Remember using the pie analogy Schaefer gave you clowns, its based off of percentages!!!!!! So the more the fight makes, the more FLOYD MAKES, and he would be a ****** to give that up, because you guys feel he should...
FLOYD MAKES SERIOUS DOUGH OFF OF THE GATE, PPV, CONCESSIONS, AND SOUVENIRS...
But you want Floyd who "ALWAYS" invests money to split this as well with MANNY. Its simply not logical, and you fools are arguing with your hearts...
Remember from the Ortiz deal Floyd stood to make 40 million, now the point is this, his guarantee was 25 million and he was standing to make an additional 15 million because of his co-promoter status....
FUNFACT 99% OF BOXERS DONT MAKE 15 MILLION PER FIGHT..
Floyd has done things and promoted himself through cunning to get to where he is at now. (playing the bad guy etc.) And now you want the man to give all that up, because you guys think another man deserves what another man has invested and labored for...
Looking at the economic crisis today its evident why things are so jacked up. People borrow money and then when the banks want it back with interest somehow the people feel as if they have been cheated...
IF YOU DIDNT WORK FOR IT YOU DIDNT EARN IT. NO HAND OUTS.
MOST OF YOU GUYS MUST PARADE AROUND WITH 99% POSTERS...
PAC COULD HAVE THE SAME THING AND FLOYD TOLD HIM HOW TO GET IT.... DROP ARUM.... CO-PROMOTE HIMSELF AND INVEST AND HE CAN THEN GET 50/50.... BUT PAC WANTS TO BE A FIGHTER THAT DOESNT PROMOTE GETTING WHAT THE MAN THAT PROMOTES AND FIGHTS AND EARNS MORE HABITUALLY GETS. AGAIN NOT LOGICAL..... PEASANT THINKING
IN ESSENCE PAC WANTS WHAT HE DOESNT DESERVE...
AND THE SIMPLE MASSES ALWAYS TRY AND ROB THE WORKING MAN OF WHAT HE EARNS....
To make more sense out of it. Why would Floyd split 50/50 with manny when his very own promoter ARUM DOESNT DO IT, AND NEVER WILL DO IT. He will get his 27 percent. You see this is why Arum is pushing for 50% because he gets 27% of what pac makes.....
Pac has a ****ty deal and requesting promoter money (getting the same as floyd) while arum gouges him for 27 percent is something he needs to handle on his own. Lets say somehow PACQUIAO EARNED 75 MILLION FOR THIS FIGHT WITH A 50% SPLIT. Floyd also looks at this as a team effort, and will be looking at Bob arum and Pac getting too good of a deal. If Pac gets a flat rate of say 40 million he still has to pay arum 27% of that.which is over 10 million, but thats pacs fault.
PLUS IF MANNY GETS 50% HE WILL ALSO END UP WITH MORE AS HE IS SUING FLOYD!!! LOL
WOULD YOU DO THAT IF YOU WERE FLOYD??? I know personally I would make it where if he sued me, he would get his money, his flat rate and still end up with less than floyd...
PAC IS NOT A COPROMOTER, THATS WHAT ARUM IS... SO HE WOULDNT BE GETTING A 50% DEAL.... NO HOW NO WAY. AND MARK MAY WORDS HE WILL EVENTUALLY TAKE LESS MONEY..
September 17, 2011
The New York Times reports on the payout Floyd Mayweather is set to receive from his fight against Victor Ortiz Saturday. With all said and done, Mayweather could be paid $40 million.
In addition to his reported $25 million payout for fighting Victor Ortiz, Mayweather will receive a portion of the gate, concessions, souvenirs and PPV revenue.
Richard Schaefer of Golden Boy Promotions explained the structure to the NY Times.
Via NY Times:
To explain the business model, Schaeffer starts with a pie. A little more than half goes to the distributors (Time Warner, DirecTV, etc.). The balance goes to the network, HBO or Showtime, which takes its distribution fees and hands the rest to the promoters.
In this case, [B]Golden Boy has one contract with HBO and another with Mayweather Promotions[/B]. But the money, less what distributors and networks take, is under Mayweather’s control; normally the promoter would control it.
In addition, there is the PPV revenue which Schaeffer includes other revenue streams from that:
Those streams include foreign sales for a fight broadcast in 168 territories; closed-circuit revenues (in 2,000 or so bars and restaurants nationwide, in theaters and in rooms at Las Vegas casinos); site revenue (ticket sales, merchandise); and sponsorships.
Its an unprecedented payment structure that rationalizes the opulence Mayweather flaunts. But for the spoils, there is the risk as Mayweather, or Mayweather Promotions, must put up $10 million in expenses to market the fight.
Okay looking at this fight deal we see this.....
HERE ARE THE FACTS:
1.) FLOYD PUTS UP 10 MILLION OF HIS OWN CASH AND YOU GUYS EXPECT HIM TO SPLIT THAT WITH MANNY?? (HE WILL PUT UP MORE FOR THE MANNY FIGHT)
THATS simply not logical at all. Floyd invests his cash upfront, and then splits it with manny...
WOULD ANY OF YOU DO THIS?? If you say yes, then thats why you are broke now...
FACT: Floyd also has a historical higher guarantee than pacquiao....
By co-promoting Floyd has a deal with goldenboy as well. So now he splits his earnings from GOLDENBOY WITH MANNY AS WELL??? Remember using the pie analogy Schaefer gave you clowns, its based off of percentages!!!!!! So the more the fight makes, the more FLOYD MAKES, and he would be a ****** to give that up, because you guys feel he should...
FLOYD MAKES SERIOUS DOUGH OFF OF THE GATE, PPV, CONCESSIONS, AND SOUVENIRS...
But you want Floyd who "ALWAYS" invests money to split this as well with MANNY. Its simply not logical, and you fools are arguing with your hearts...
Remember from the Ortiz deal Floyd stood to make 40 million, now the point is this, his guarantee was 25 million and he was standing to make an additional 15 million because of his co-promoter status....
FUNFACT 99% OF BOXERS DONT MAKE 15 MILLION PER FIGHT..
Floyd has done things and promoted himself through cunning to get to where he is at now. (playing the bad guy etc.) And now you want the man to give all that up, because you guys think another man deserves what another man has invested and labored for...
Looking at the economic crisis today its evident why things are so jacked up. People borrow money and then when the banks want it back with interest somehow the people feel as if they have been cheated...
IF YOU DIDNT WORK FOR IT YOU DIDNT EARN IT. NO HAND OUTS.
MOST OF YOU GUYS MUST PARADE AROUND WITH 99% POSTERS...
PAC COULD HAVE THE SAME THING AND FLOYD TOLD HIM HOW TO GET IT.... DROP ARUM.... CO-PROMOTE HIMSELF AND INVEST AND HE CAN THEN GET 50/50.... BUT PAC WANTS TO BE A FIGHTER THAT DOESNT PROMOTE GETTING WHAT THE MAN THAT PROMOTES AND FIGHTS AND EARNS MORE HABITUALLY GETS. AGAIN NOT LOGICAL..... PEASANT THINKING
IN ESSENCE PAC WANTS WHAT HE DOESNT DESERVE...
AND THE SIMPLE MASSES ALWAYS TRY AND ROB THE WORKING MAN OF WHAT HE EARNS....
To make more sense out of it. Why would Floyd split 50/50 with manny when his very own promoter ARUM DOESNT DO IT, AND NEVER WILL DO IT. He will get his 27 percent. You see this is why Arum is pushing for 50% because he gets 27% of what pac makes.....
Pac has a ****ty deal and requesting promoter money (getting the same as floyd) while arum gouges him for 27 percent is something he needs to handle on his own. Lets say somehow PACQUIAO EARNED 75 MILLION FOR THIS FIGHT WITH A 50% SPLIT. Floyd also looks at this as a team effort, and will be looking at Bob arum and Pac getting too good of a deal. If Pac gets a flat rate of say 40 million he still has to pay arum 27% of that.which is over 10 million, but thats pacs fault.
PLUS IF MANNY GETS 50% HE WILL ALSO END UP WITH MORE AS HE IS SUING FLOYD!!! LOL
WOULD YOU DO THAT IF YOU WERE FLOYD??? I know personally I would make it where if he sued me, he would get his money, his flat rate and still end up with less than floyd...
PAC IS NOT A COPROMOTER, THATS WHAT ARUM IS... SO HE WOULDNT BE GETTING A 50% DEAL.... NO HOW NO WAY. AND MARK MAY WORDS HE WILL EVENTUALLY TAKE LESS MONEY..
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