I would have put maybe in the title but it wouldn't fit.
There were 6366 paying customers watching it which led to a total gate of $2.2 million. Let's say the casino let the promotion keep every penny of that. Unlikely but let's say they did.
It did 130 000 PPV sales at $65. That's $8.45 million. But the cable providers take 55% of that leaving HBO with $3.8 million to split between themselves and the promotion. HBO spent money on promoting the fight including one of those 24/7 things and they've got the whole production to produce. And they've probably got a few quid guarantee built into any deal, they get the first so many dollars of the remaining money after production costs are covered. Let's be incredibly generous and say that leaves three million for the promotion, probably less.
So far that's $5.2 million. Then there's international TV sales. I'd be amazed if this broke a million. Probably less than six million for the entire promotion in profit. Ward's promoter is going to have to pay a big chunk of his guaranteed six point five million out of his own pocket. Not a good night for RN. I suppose it depends on the split in the contract as to how the six or so million is divvied up. If Ward is guaranteed the first six point five of the entire promotion then it means Kovalev and both sets of promoters worked for free. If the promoters had a deal to split the funds before anybody else got paid maybe Main Events and Kovalev got three million to split. If Ward was guaranteed the money and Main Events were desperate to make the rematch, and they were, you've got to think that Ward's promoter would have made sure Ward's guarantee was covered before Main Events saw any money though.
This is not really worth starting a thread over. I was going to dump this in the Ward Kovalev thread but it's gone off at a tangent and probably not many people are now reading it. Anybody got any more information on how this promotion went?