Haymon lost 430 million in one year!

[al-Xander]

You got sports nobody cares that cost a fraction of what PBC costs to produce these shows and they draw much better ratings then that on ESPN2. Hell ESPN produced their own boxing series FNF on ESPN2 that operated on a 50k fight budget and still got better ratings then that. You got sports where a weird dude is chopping down a tree with a axe at 3am that draw higher ratings then PBC does for some of their fights. And that sport is not foolishly paying that guy 1m to do it like PBC paid their fighters. That's just stupid business.

I miss FNF.

[nacho daddy]

I said it from the beginning, Haymon was overpaying his fighters because he was oayng himself at the same time. Every time they fought he got paid. Over paying them just meant he made more money too.

He's a fcking thief.

yes haymon is the elon musk-rat of boxing

[Zaroku]

http://www.fightopinion.com/2016/08/08/boxing-al-haymon-myspace-430-million-waddell-ivy/?utm_source=twitterfeed&utm_medium=twitter&utm_campaign=Feed%3A+fightopinion+%28FightOpinion. com+-+Your+Global+Connection+to+the+Fight+Industry.%29

Holy ****!

How is that even possible, I knew he was blowing money but 430 mill!?

Thief!

Why you fixated on a pimp's burn rate?

[al-Xander]

$430 million gone with very little to show for it.

[New England]

I really want PBC to succeed because of free boxing but he overpaid a lot of boxers for easy fights. He should of paid them based on what the fight was truly worth. For someone as smart as he is, he should of known better.

haymon manages those guys and takes a percent. he's a cagey guy. don't count him out yet. haymon's investors may very well get their butts handed to them. if haymon gets the next floyd mayweather in his stable and under contract it may not matter.

[DinoCop]

We never know.

[AddiX]

haymon manages those guys and takes a percent. he's a cagey guy. don't count him out yet. haymon's investors may very well get their butts handed to them. if haymon gets the next floyd mayweather in his stable and under contract it may not matter.

Floyd isn't giving any young fighters a chance to take the throne the way Oscar did. There is no next Floyd or Pacquiao for a very long time.

Especially since no one is fighting each other to build their names. Look at the name value Floyd and pac had on their resume on their way up. No one is fighting big names lioe that anymore.

There will be no major ppv seller in the U.S. for a long time.

Haymon did a great Job using Floyd to create his empire, but he has no idea how to build another Floyd.

[al-Xander]

If Haymon is losing these huge amounts of money, what is he doing to recover them? Is he even trying?