Was just reading that Floyd earned 85 million for two fights in 2012. The article said that was without endorsements.
Another reason why many boxing retitees can't seem to stay retired.
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Was just reading that Floyd earned 85 million for two fights in 2012. The article said that was without endorsements.
Another reason why many boxing retitees can't seem to stay retired.
It's great to hear. I know people hate Floyd (and for good reason), but the revenue and interest he generates for boxing is great for the sport.
He paid his dues and seemed to make all the right moves over the last 7-8 years or so. It's hard to argue that kind of success.
He is a monster at the box office, no matter what you think of him.Quote:
Originally Posted by Beanflicker
I find it hard to believe he made over forty million a fight. One point two million PPV buys times sixty dollars is 72 million. More than half of that goes to HBO/cable providers. Say the promotion gets 35. Ten million tops from the gate and ten million site fee from Vegas leaves 55 and it's probably less than that. Prromoting the fight costs money, there's the event to stage, the undercard and Floyd's opponent to pay and the promoters to make their share. I can't see the promoters working for nothing or next to nothing.
Floyd is the promoter (with GB of course).
Read it on my Fox News app, in an article about Phil Mickelson, the golfer.Quote:
Originally Posted by Kirkland Laing
I'm not getting into a argument with you or Fox News about it.
Read it this morning.
How is this possible, when he only fought once in 2012?Quote:
Originally Posted by beenKOed
Fiscal year probably.Quote:
Originally Posted by bzkfnHow is this possible, when he only fought once in 2012?Quote:
Originally Posted by beenKOed
50 Cent was saying recently that his prmotional company doesn't exist, isn't incorporated or anything. Basically it's just on paper and he subcontracts the whole operation to GBP. It's possible he's making that kind of money from the fight when you factor in the overseas money but Golden Boy must be working for buttons. Maybe the $85 million number is how much profit the promotion made on the two fights. Maybe Vegas are paying ginormous site fees.Quote:
Originally Posted by Fenster
Good on Floyd to control his contract and buy out that wanker Arum which was the rigght move. Just imagine what these promoters make for doing sweet FA in comparison to their fighters.
The promoter fronts the money, if it's not successful they lose, without them you'd never see a fightQuote:
Originally Posted by Master
These promoters do not lose, Floyd is his own promoter.Quote:
Originally Posted by FensterThe promoter fronts the money, if it's not successful they lose, without them you'd never see a fightQuote:
Originally Posted by Master
The initial PPV buys generated $94 million, plus repeats sent that over a hundred million in the US. The live gate was just over $12 million. Throw in overseas TV rights and the numbers are way North of what you're quoting.Quote:
Originally Posted by Kirkland Laing
Is he really? Who'd have known? (;D) Floyd represents a tiny percent of fighters in boxing history.Quote:
Originally Posted by MasterThese promoters do not lose, Floyd is his own promoter.Quote:
Originally Posted by FensterThe promoter fronts the money, if it's not successful they lose, without them you'd never see a fightQuote:
Originally Posted by Master
Most have to sell their own tickets.
Thank the boxing gods for 24/7 and a dysfunctional family.