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85 million for two fights!?
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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Re: 85 million for two fights!?
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.
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Quote:
Originally Posted by
Beanflicker
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.
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Re: 85 million for two fights!?
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.
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Re: 85 million for two fights!?
Floyd is the promoter (with GB of course).
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Quote:
Originally Posted by
Kirkland Laing
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.
Read it on my Fox News app, in an article about Phil Mickelson, the golfer.
I'm not getting into a argument with you or Fox News about it.
Read it this morning.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
beenKOed
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.
How is this possible, when he only fought once in 2012?
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Quote:
Originally Posted by
bzkfn
Quote:
Originally Posted by
beenKOed
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.
How is this possible, when he only fought once in 2012?
Fiscal year probably.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Fenster
Floyd is the promoter (with GB of course).
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.
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Re: 85 million for two fights!?
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.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Master
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 fight
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Fenster
Quote:
Originally Posted by
Master
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 fight
These promoters do not lose, Floyd is his own promoter.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Kirkland Laing
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.
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.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Master
Quote:
Originally Posted by
Fenster
Quote:
Originally Posted by
Master
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 fight
These promoters do not lose, Floyd is his own promoter.
Is he really? Who'd have known? (;D) Floyd represents a tiny percent of fighters in boxing history.
Most have to sell their own tickets.
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Re: 85 million for two fights!?
Thank the boxing gods for 24/7 and a dysfunctional family.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
beenKOed
Quote:
Originally Posted by
Beanflicker
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.
Well allow me to detail what I think of him. Oh no no, it's my pleasure.
I think so little of the motherfucker that I'd like to sit on a beanbag chair behind him, while he is bent over in the guillotine and take however many hours it'd take to slot each of those 85 million dollars individually up his ass!
Then...... Ssshhhhllliiiinggg, CHOP, bah bum.
That's just me however.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Vendettos
Quote:
Originally Posted by
beenKOed
Quote:
Originally Posted by
Beanflicker
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.
Well allow me to detail what I think of him. Oh no no, it's my pleasure.
I think so little of the toad that I'd like to sit on a beanbag chair behind him, while he is bent over in the guillotine and take however many hours it'd take to slot each of those 85 million dollars individually up his ass!
Then...... Ssshhhhllliiiinggg, CHOP, bah bum.
That's just me however.
I read the entire post with Samuel L Jackson's voice in my head. I even edited "toad" into "mother fucker"
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Fenster
Quote:
Originally Posted by
Vendettos
Quote:
Originally Posted by
beenKOed
Quote:
Originally Posted by
Beanflicker
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.
Well allow me to detail what I think of him. Oh no no, it's my pleasure.
I think so little of the toad that I'd like to sit on a beanbag chair behind him, while he is bent over in the guillotine and take however many hours it'd take to slot each of those 85 million dollars individually up his ass!
Then...... Ssshhhhllliiiinggg, CHOP, bah bum.
That's just me however.
I read the entire post with Samuel L Jackson's voice in my head. I even edited "toad" into "mother fucker"
I've never been more proud of my A in English.
Also, I edited it to "motherfucker" for effect.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
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.
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.
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Kirkland Laing
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
How much do you think is the Net value before taxes?
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Re: 85 million for two fights!?
Tyson made over a quarter million dollars per SECOND against Peter McNeeley of all people.
Now thats what you call a hustle ... and remember if we adjust for inflation that number increases.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
TysonBomb
Tyson made over a quarter million dollars per SECOND against Peter McNeeley of all people.
Now thats what you call a hustle ... and remember if we adjust for inflation that number increases.
Yes but that's because the fight lasted 1:31.
It's not like they would have continued to pay him $250,000 per second for the entire 10 rounds.
Your point is irrelevant.
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Quote:
Originally Posted by
TysonBomb
Tyson made over a quarter million dollars per SECOND against Peter McNeeley of all people.
Now thats what you call a hustle ... and remember if we adjust for inflation that number increases.
I am getting the feeling that for you all roads lead to Mike.:-)
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Re: 85 million for two fights!?
Quote:
Originally Posted by
miron_lang
Quote:
Originally Posted by
Kirkland Laing
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
How much do you think is the Net value before taxes?
What Floyd makes before taxes? No idea honestly. You've got to factor Al Haymon into it at that point. I can't see Haymon and Golden Boy working for chump change especially when they bailed Floyd out when he was being chased by the IRS.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
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.
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.
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
There is no split with Golden Boy. It's Mayweather's show, but he sub-contracts to Golden Boy to organise and promote it for a flat fee, not a percentage. Floyd, as promoter, also takes the sponsorship cash and international distribution money. That is the Mayweather model that is so lauded by businessmen.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Vendettos
Quote:
Originally Posted by
TysonBomb
Tyson made over a quarter million dollars per SECOND against Peter McNeeley of all people.
Now thats what you call a hustle ... and remember if we adjust for inflation that number increases.
Yes but that's because the fight lasted 1:31.
It's not like they would have continued to pay him $250,000 per second for the entire 10 rounds.
Your point is irrelevant.
Tyson made more money in a number of two consecutive fights after his initial release from prison, if we adjust for inflation.
Tyson put together a string of $30M+ purses.
Floyd's star power and earning power doesn't compare to Tyson or even Oscar.
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
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.
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.
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
There is no split with Golden Boy. It's Mayweather's show, but he sub-contracts to Golden Boy to organise and promote it for a flat fee, not a percentage. Floyd, as promoter, also takes the sponsorship cash and international distribution money. That is the Mayweather model that is so lauded by businessmen.
How do you know Floyd pays Golden Boy a flat fee? This is the people who bailed Floyd out of financial trouble when the IRS were after him and he was having his cars reposessed (just before the Marquez fight.) I've read from people like Thomas hauser that nobody knows the exact relationship between GB/Floyd/Haymon, how do you know this?
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
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.
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.
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
There is no split with Golden Boy. It's Mayweather's show, but he sub-contracts to Golden Boy to organise and promote it for a flat fee, not a percentage. Floyd, as promoter, also takes the sponsorship cash and international distribution money. That is the Mayweather model that is so lauded by businessmen.
How do you know Floyd pays Golden Boy a flat fee? This is the people who bailed Floyd out of financial trouble when the IRS were after him and he was having his cars reposessed (just before the Marquez fight.) I've read from people like Thomas hauser that nobody knows the exact relationship between GB/Floyd/Haymon, how do you know this?
Floyd “Money” Mayweather’s unique business model: Punch him, then pay him - thestar.com
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Re: 85 million for two fights!?
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Bobthepen
Quote:
Originally Posted by
Kirkland Laing
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.
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.
How much of that huindred million gets back to the promotion is the crucial thing though. HBO produce the how and sell it to regional cable providers. The cable providers sell the show to customers. So you've got the cable providsers and HBO taking their cut off the top before the promotion sees a penny. There's a local tax in some states on PPV sales as well, right? So I'd be amazed if even half the gross number makes it back to the promotion, and by the time you pay the costs of the promotion, Floyd's opponent, undercard and so on that makes a dent. Then you've got the split between Golden Boy, who run the promotion, and Mayweather Promotions, which is basically Floyd employee Leonard Ellerbe and a fax machine.
There is no split with Golden Boy. It's Mayweather's show, but he sub-contracts to Golden Boy to organise and promote it for a flat fee, not a percentage. Floyd, as promoter, also takes the sponsorship cash and international distribution money. That is the Mayweather model that is so lauded by businessmen.
How do you know Floyd pays Golden Boy a flat fee? This is the people who bailed Floyd out of financial trouble when the IRS were after him and he was having his cars reposessed (just before the Marquez fight.) I've read from people like Thomas hauser that nobody knows the exact relationship between GB/Floyd/Haymon, how do you know this?
Floyd “Money” Mayweather’s unique business model: Punch him, then pay him - thestar.com
That article is based on a couple of quotes from Leonard Ellerbe blowing his own trumpet. No mention of Golden Boy, no mention of Al Haymon. It's bollocks.