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.
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.
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).
3-Time SADDO PREDICTION COMP CHAMPION.
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.
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.
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.
Last edited by Vendettos; 01-24-2013 at 04:40 PM. Reason: Fenster made a valid point
You say tomato,
‘n I say …… it correctly.
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