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Thread: Boxing Purses vs MMA Purses

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  1. #1
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    Default Re: Boxing Purses vs MMA Purses

    Quote Originally Posted by DaxxKahn View Post
    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by DaxxKahn View Post
    Quote Originally Posted by Kirkland Laing View Post
    The main event guys earned half a mil. The rest of the card almost certainly made less than half a mil between them.

    Here's actual numbers from a previous event :

    According to information provided Monday by the Nevada State Athletic Commission, the UFC paid the 18 fighters on the card a total of $407,000 US - with $250,000 of that going to light-heavyweight champion Chuck "The Iceman" Liddell for stopping Brazil's Renato "Babalu" Sobral in 95 seconds in the main event. Sobral earned $21,000.

    mmauniverse.com



    So that's a million to pay the fighters, let's say another two million to cover promotional costs, this is way over the top but let's say two. That's three million.


    The gate would have been over three million. There would have been millions more from sponsorship. The event makes a profit before you count a dollar from TV. US PPV, let's say a million buys at $40 a time, that's $40 million. Half that with the TV companies and that's $20 million. Then you've got foreign TV rights, millions more on top of the $20 mil. UFC is a private company and doesn't have to release numbers but it's clear who's making all the money here and it isn't the fighters.
    My man it cost more then 3 million just to insure one of those cards
    They'd insure the event for more than three mil but the premium would only be a fraction of what they insure the event for. Insurance costs aren't exactly near the top of the list of promoters' expenses.
    You need have either cash or Collateral up front and you need pay card by card basis for fight ins you are confused with Auto, health and home ins
    I don't know specifically about insurance for boxing cards but I do know a little bit about the insurance business and how much it costs to insure things, and assuming a relatively competitive market then the insurance for any kind of boxing/MMA event shouldn't be more than a few percent of the gross value of the promotion.

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    Default Re: Boxing Purses vs MMA Purses

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by DaxxKahn View Post
    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by DaxxKahn View Post
    Quote Originally Posted by Kirkland Laing View Post
    The main event guys earned half a mil. The rest of the card almost certainly made less than half a mil between them.

    Here's actual numbers from a previous event :

    According to information provided Monday by the Nevada State Athletic Commission, the UFC paid the 18 fighters on the card a total of $407,000 US - with $250,000 of that going to light-heavyweight champion Chuck "The Iceman" Liddell for stopping Brazil's Renato "Babalu" Sobral in 95 seconds in the main event. Sobral earned $21,000.

    mmauniverse.com



    So that's a million to pay the fighters, let's say another two million to cover promotional costs, this is way over the top but let's say two. That's three million.


    The gate would have been over three million. There would have been millions more from sponsorship. The event makes a profit before you count a dollar from TV. US PPV, let's say a million buys at $40 a time, that's $40 million. Half that with the TV companies and that's $20 million. Then you've got foreign TV rights, millions more on top of the $20 mil. UFC is a private company and doesn't have to release numbers but it's clear who's making all the money here and it isn't the fighters.
    My man it cost more then 3 million just to insure one of those cards
    They'd insure the event for more than three mil but the premium would only be a fraction of what they insure the event for. Insurance costs aren't exactly near the top of the list of promoters' expenses.
    You need have either cash or Collateral up front and you need pay card by card basis for fight ins you are confused with Auto, health and home ins
    I don't know specifically about insurance for boxing cards but I do know a little bit about the insurance business and how much it costs to insure things, and assuming a relatively competitive market then the insurance for any kind of boxing/MMA event shouldn't be more than a few percent of the gross value of the promotion.

    yep...ok...sure...

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