Waddell investment down to the last 82M? OUT of (521M)

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PBC accomplished nothing spending all that money.

There isn't one thing they can look at and say, "at least we accomplished this."

Nothing, a complete failure. This plan never made sense from the beginning.

PBC now has hundreds of million guaranteed by FOX & SHO over the next few years. Guess they accomplished something after all.

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I doubt there's gonna be a Pbc 2 in our lifetimes, after this epic disaster.

Epic disaster? HBO's boxing budget has been slashed to under 20 million, while FOX and SHO are both committing over 60 million each to PBC.

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The PBC plan was a bad one from day one

Was it? Because it resulted in the largest budget in boxing history. FOX + SHO now obliterates even the peak of HBO boxing in the 90s.

[Teetotaler]

Epic disaster? HBO's boxing budget has been slashed to under 20 million, while FOX and SHO are both committing over 60 million each to PBC.

your a ****ing ***.
Showtime showing pbc fighters isnt anything new. Its the same crap they've been doing for years except now with the pbc banter. Also going from cbs, spike, bounce, and fox to just fox really shows they accomplished alot

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your a ****ing ***.
Showtime showing pbc fighters isnt anything new. Its the same crap they've been doing for years except now with the pbc banter. Also going from cbs, spike, bounce, and fox to just fox really shows they accomplished alot

Before PBC, SHO's budget was half of what it's going to be now and Haymon had to share the budget with promoters that weren't under his umbrella.

So Haymon now has all of the SHO budget, the SHO budget has doubled, and now FOX has jumped in and matched SHO's budget as well.

Meaning Haymon managed to more than quadruple what is being paid for the rights to his fights now.

In every conceivable way, the PBC experiment turned out to be an overwhelming success.

[Prince Madison]

Before PBC, SHO's budget was half of what it's going to be now and Haymon had to share the budget with promoters that weren't under his umbrella.

So Haymon now has all of the SHO budget, the SHO budget has doubled, and now FOX has jumped in and matched SHO's budget as well.

Meaning Haymon managed to more than quadruple what is being paid for the rights to his fights now.

In every conceivable way, the PBC experiment turned out to be an overwhelming success.

dont tell me you typed that with a straight face

[Curt Henning]

hahah the EE/UK/Klansmen are in a tizzy....panties all knotted up

uncle al still winning....uncle al far from dead....

meanwhile hearn is coming armed with Katie taylor, demterius Andrade and povetkin to take over the US!!!! But wont put his prized pet in with the US WBC HW champion!!

kovalev got ruined....golovkin still yet to beat a jr mw champ convincingly(and might lose rematch).......its been rough times for that crowd lol

[Rubber Ducky]

Before PBC, SHO's budget was half of what it's going to be now and Haymon had to share the budget with promoters that weren't under his umbrella.

So Haymon now has all of the SHO budget, the SHO budget has doubled, and now FOX has jumped in and matched SHO's budget as well.

Meaning Haymon managed to more than quadruple what is being paid for the rights to his fights now.

In every conceivable way, the PBC experiment turned out to be an overwhelming success.

It clearly hasn't been the total disaster that some here suggested and hoped it would be, but I wouldn't call it a resounding success either, it's still alive as a business but it's still to show if it's a sustainable and viable business in the long term.

Look at the investment and look at the return, sure Haymon and the boxers have done very well from it but what about the business itself the investors have they done so well? Clearly not, they invested almost a billion over 5 years which has seen that money used up and what are they getting in return? 60 mill a year budget from FOX and whatever Showtime throw in doesn't compare to the money they have spent so far to get PBC up and running.

But PBC is up and running and no longer requires the investment fund to bank roll it's operation now networks like Showtime and Fox and funding it. That is where PBC has succeeded.

But it's still a long way off from being a profitable business for it's investors but if it does start running at a profit later on down the line then it would be seen as a success. But even then I doubt many of them will think it was a worthwhile investment unless big sums of money start rolling in as their investment could of done better elsewhere in a business with a higher EVA score.

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dont tell me you typed that with a straight face

A major over the air network just committed over 60 million a year to boxing for a minimum of four years.

Before PBC, that would have been considered absolutely impossible.

The goal of PBC was to grow the pie so Haymon Boxing wouldn't be at the mercy of Showtime and handcuffed by their relatively small budget.

Now Showtime has a massive budget and that budget essentially doubles now that Fox has matched it. So yes, the PBC experiment ended up being a huge success.

[N/A]

they invested almost a billion over 5 years which has seen that money used up

We know W&R was willing to invest up to 925 million, but we don't know how much they actually invested and we have absolutely no idea how much of that money was used up.