fight splits/purses/ppv's etc
I haven't really read so much about it so i'm curious...
When people are saying Floyd got 60% Pac got 60% etc etc, what exactly are they talking about? You see people talking about the percentile and then the ppv buys + ticket sales, like the % you hear encompases all of this. If so, where do the other fighters on the card get their money, promotors, trainers (I presume is a % of the %) and so forth...
Re: fight splits/purses/ppv's etc
I think when it comes to big fights like this it should always be 60-40 with 60 to the winner, i don't see why they argue, the winner deserves a slightly better share, and if your confident go ahead with it
Re: fight splits/purses/ppv's etc
Usually this is what happens.
The promoter starts to put a fight together by finding out what each boxer needs to get to make the fight happen. Next he'll go to TV (or PPV) and sell them the fight to find out what they are willing to pay for the rights to broadcast the fight. Once that is all agreed to next he'll find a site and ask what they are willing to pay to put the fight on in there arena. This will also include the gate as well (the amount of money coming in from people seeing the fight live). Most fights made in Vegas include a flat site fee and no % of the gate. That way the casinos can comp as many free tickets to their high rollers as they wish (Most big fights in Vegas see as much as a 30% in gambling venue during "big fights"). In Vegas for big fights there is also closed circuit profits to consider as well. If either of the fighter has a large following overseas they can also negotiate overseas broadcast rights (The Haye-Klitschko fight is a good example).
Now if the card is on PPV there is usually a median buy rate to cover all costs. After that fighter will usually have negotiated a share of the profits over a certain buy rate. So if a PPV exceeds expectations the fights can usually do rather well. The promoter is responsible for stocking the undercard and paying those fights as well. TV is usually responsible for advertising the fight.
Re: fight splits/purses/ppv's etc
Quote:
Originally Posted by
Boxer4life
I think when it comes to big fights like this it should always be 60-40 with 60 to the winner, i don't see why they argue, the winner deserves a slightly better share, and if your confident go ahead with it
My thinking exactly. but other things should be consider.
Champion vs champion 40/40 split
Champion vs contender 50/40 split
In both cases, give the fighter a incentive to win. The other 10 or 20% goes to the winner.
Or just give Floyd 100 million and everyone else NOTHING!!!!;D