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Gennady Golovkin Purse

Posted: 20 Dec 2014, 09:34
by Aaronide_ger
When Golovkin fought Geale he got 600.000$
When Golovkin fought Rubio he got 900.000$

How much do you think he will earn against Martin Murry? I believe around 1.1 Million $

Re: Gennady Golovkin Purse

Posted: 24 Dec 2014, 10:42
by ikorolev
Viewing figures will probably be low, but I doubt that there is a direct connection between them and a purse.

Also, Murray was picked just because he is the best middleweight ready to step into the ring with GGG. They wanted to fight him last February and even before that.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 10:55
by keirw
US viewing figures aren't the be all and end all, GoldenGloves and K2 have enough television deals between them for the fight to be shown in millions of homes worldwide.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 11:19
by Baby Face Finster
fergusg wrote:
ikorolev wrote:Viewing figures will probably be low, but I doubt that there is a direct connection between them and a purse.

Also, Murray was picked just because he is the best middleweight ready to step into the ring with GGG. They wanted to fight him last February and even before that.
It’s interesting you say that, because Martin Murray cannot travel to the US to fight, due to issues obtaining a VISA (resulting from his criminal past). So in commercial terms, a fight against the Brit doesn’t really make any sense.

You could be correct in saying that K2 has picked Murray due to him being the best available opponent, but I also feel that Golovkin’s options at 160lbs are very limited.

It’s also intriguing to read Tom Loeffler’s comments about Murray being the best fighter in the division, but perhaps this is a disingenuous statement made to purely promote the fight.

That being said, I am utterly convinced that GGG will receive far smaller purse to face Murray in Monaco than his paydays against Geale & Rubio.
Why do you care what the purse the fighter receives? Do you get a percentage of it?

I don't care what any fighter makes, I simply want to see them face the best possible opposition at that moment in time. I'll leave their fight purses to their managers and promoters.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 11:26
by Aaronide_ger
Baby Face Finster wrote:
fergusg wrote:
ikorolev wrote:Viewing figures will probably be low, but I doubt that there is a direct connection between them and a purse.

Also, Murray was picked just because he is the best middleweight ready to step into the ring with GGG. They wanted to fight him last February and even before that.
It’s interesting you say that, because Martin Murray cannot travel to the US to fight, due to issues obtaining a VISA (resulting from his criminal past). So in commercial terms, a fight against the Brit doesn’t really make any sense.

You could be correct in saying that K2 has picked Murray due to him being the best available opponent, but I also feel that Golovkin’s options at 160lbs are very limited.

It’s also intriguing to read Tom Loeffler’s comments about Murray being the best fighter in the division, but perhaps this is a disingenuous statement made to purely promote the fight.

That being said, I am utterly convinced that GGG will receive far smaller purse to face Murray in Monaco than his paydays against Geale & Rubio.
Why do you care what the purse the fighter receives? Do you get a percentage of it?

I don't care what any fighter makes, I simply want to see them face the best possible opposition at that moment in time. I'll leave their fight purses to their managers and promoters.
I care a lot about the purse fighters receive and ESPECIALLY golovkin, because people tend to make excuses about why not many fighters dont face golovkin "High risk-low reward" which is no longer true.. because if golovkin manages to fight a huge name, the money will be huge

****Ohh and Wladimir made $17,499,997 by facing Povetkin in Russia.. So the money doesnt decrease by fighting elsewhere automatically

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 11:28
by Baby Face Finster
Aaronide_ger wrote:I care a lot about the purse fighters receive and ESPECIALLY golovkin, because people tend to make excuses about why not many fighters dont face golovkin "High risk-low reward" which is no longer true.. because if golovkin manages to fight a huge name, the money will be huge
That is not our concern as fans. Our sole concern should be to see the best fight the best...period.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 11:33
by Aaronide_ger
Baby Face Finster wrote:
Aaronide_ger wrote:I care a lot about the purse fighters receive and ESPECIALLY golovkin, because people tend to make excuses about why not many fighters dont face golovkin "High risk-low reward" which is no longer true.. because if golovkin manages to fight a huge name, the money will be huge
That is not our concern as fans. Our sole concern should be to see the best fight the best...period.
As a HUGE FAN of golovkin I want to know everything, what is your problem about a fan wanting to know eveything? Ofc I want to see him fighting the best lol

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 12:25
by palooka
fergusg wrote:
Aaronide_ger wrote:When Golovkin fought Geale he got 600.000$
When Golovkin fought Rubio he got 900.000$

How much do you think he will earn against Martin Murry? I believe around 1.1 Million $
Golovkin’s next fight is against the fairly anonymous and feather-fisted Martin Murray. It is being staged in Monaco (European time), which means that it’ll be shown (in America) on a Saturday afternoon... and will almost certainly fail to attract high viewing figures (as it's not primetime viewing).

The undercard features unknown fighters… and none of these bouts are for any major championships (unless the WBA World minimumweight title rocks your boat).

Therefore, I’m going to predict that the Golovkin-Murray fight achieves fewer than 800K viewers on HBO, with GGG receiving a payday in the region of $500K, which admittedly is a pure guess (based on historical figures).

By the way, I’m not being critical of Golovkin, but merely considering the facts with how they stack up (in commercial terms).

In terms of HBO, K2 & Gennady Golovkin's perceptions… the contest against Martin Murray (the WBC Silver Champion & number one challenger) is merely a vehicle that is being used by Team GGG to retain mandatory challenger status for Miguel Cotto’s WBC middleweight title, which means the fight in Monaco is more important strategically than fiscally… as it’ll ultimately lead to a mega-PPV bout against ‘Canelo’ Alvarez (assuming the Mexican beats the Puerto Rican Hall-of-Famer on Cinco de Mayo weekend, 2015).
That's a really good and reasoned breakdown.

I've watched Murray box a few times and he is strong, well conditioned and holds his nerve well. He does box by the numbers a fair bit and has little inventiveness or flair in his boxing. Golovkin will win as he pleases, moving under and around Martins jab; Murray uses a high guard and will show!little target so it'll be a steady breakdown job for Golovkin.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 13:26
by Teddy's Toupee
It's made of black Cordovan horse leather and the clasp is in the design of three Gs wrought out of solid gold.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 13:41
by palooka
Is that his fanny pack?

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 14:10
by Teddy's Toupee
Gennady calls it his "Good Boy" bum bag.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 14:14
by krackle
Golovkin makes substantially more than what is reported to american comissions or what HBO pays for the rights in america. Most non-american fighters do. In monaco there is no comission to report purses to plus monaco is a "tax paradise". No need to worry about Golovkins purses.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 14:58
by ikorolev
krackle wrote:Golovkin makes substantially more than what is reported to american comissions or what HBO pays for the rights in america. Most non-american fighters do. In monaco there is no comission to report purses to plus monaco is a "tax paradise". No need to worry about Golovkins purses.
... and this is based on ?

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 16:15
by keirw
fergusg wrote:
keirw wrote:US viewing figures aren't the be all and end all, GoldenGlovIes and K2 have enough television deals between them for the fight to be shown in millions of homes worldwide.
If you're confident about what you've claimed, what will Golovkin's purse be and what territories are these millions of viewers coming from?
The fight will be shown on Super Sports, which is an african network available in dozens of countries across the continent.
The rights for Golovkin's fights on German television is held by SAT.1 which is available in most central european countries.
Also in the UK it will be shown on terrestrial television channel 5, where viewing figures for boxing matches in the past have been well into the millions.
These are just off the top of my head, I'm sure Eastern European and Asian networks will also show the fight.
Once you factor in the HBO figures there will be absolute millions of viewers worldwide, as I already stated.
How much will his purse be? I couldnt tell you, however, I'm sure there will be no shortage of tv money.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 16:44
by uptconnect
Viewing figures will probably be low, but I doubt that there is a direct connection between them and a purse.
Purse sizes for the headliner are always directly connected to the estimated gate $/viewing figures.
GGG has not yet cracked that upper echelon of purse levels because he's not yet cracked that upper echelon of widely recognized and followed fighters. He'll get there, though. No doubt.

But to deny any connection between purse and viewing figures for the headliner, is silly. And just wrong.
He's currently earning peanuts compared to some lesser fighters because he has yet to arrive and win big on the biggest stage.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 16:51
by ikorolev
uptconnect wrote:
Viewing figures will probably be low, but I doubt that there is a direct connection between them and a purse.
Purse sizes for the headliner are always directly connected to the estimated gate $/viewing figures.
GGG has not yet cracked that upper echelon of purse levels because he's not yet cracked that upper echelon of widely recognized and followed fighters. He'll get there, though. No doubt.

But to deny any connection between purse and viewing figures for the headliner, is silly. And just wrong.
He's currently earning peanuts compared to some lesser fighters because he has yet to arrive and win big on the biggest stage.
I said "a direct connection" meaning that there is no direct proportion or anything close to that. This was discussed many times, and there are a lot of examples of fighters getting huge paychecks without drawing big numbers.

Speaking about Golovkin's popularity, there aren't many boxers more popular than him. Look at forums, FOTY polls, gate figures of his last fight. He is just not getting as much as he could with different management and/or promotion.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 17:21
by uptconnect
there are a lot of examples of fighters getting huge paychecks without drawing big numbers.
Only in hindsight. Never has a fighter been paid a huge purse when low numbers were expected beforehand.
Give me one example of an instance you described, where high numbers weren't expected beforehand, and then failed to deliver.

Speaking about Golovkin's popularity, there aren't many boxers more popular than him.
Speaking relative terms, yes, not many boxers are more popular.
But the ones who are, are much, much more popular.
And before anyone gets butthurt and rushes to defend GGG, popularity with the masses, which is what brings the largest purses, sometimes has little to do with skill and true standing in the sport.
Golovkin simply has a small but growing following, as of now.
The most popular and highest paid fighters are much better known by the lay-person than GGG is.
He hasn't arrived at super-stardom yet, where the huge purses are. It's not a knock, it's just the truth.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 17:34
by crusader
GGG has yet to make a reported purse that is even half of what Ward was paid against Rodriguez, a bout which drew 1.2m and came after Ward drew 1.3m on HBO against Dawson and significantly smaller numbers in the SS on Showtime, though I believe he still made seven figures in at least one Showtime bout. Considering this and that 1.4m watched GGG-Stevens on HBO, a higher figure than Ward has ever drawn, it's hard for me to think that it was expected that Ward's current drawing power merited paying him more than 2x the career-high purse GGG earned against Rubio, a bout which drew 1.3m. Perhaps Ward was seen by HBO as a long-term investment, and hence they paid him more for a bout than his drawing power would then warrant because they wanted to secure him and build his fan-base in hopes of a later payoff, but in that case it wouldn't be his perceived drawing power at the time that led to him being paid so much. I also don't think Ward is a bigger draw than GGG outside the US, so I'd be surprised if international drawing power could help explain the discrepancy between their purses.

There is obviously a strong relationship between fighter payment and how big of a draw they're considered, but it's far from perfect.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 19:40
by ikorolev
More recent example is Bradley getting 2 million for a meaningless fight against Chaves.

Re: Gennady Golovkin Purse

Posted: 26 Dec 2014, 19:47
by crusader
ikorolev wrote:More recent example is Bradley getting 2 million for a meaningless fight against Chaves.
$2 million for Bradley, more than twice GGG's highest purse, and the fight averaged under a million viewers on HBO. His numbers for non-PPV HBO fights (he was very much the B-side against Pac and JMM):

1.45 peak Alexander (fewer than GGG's 1.5m peak against Stevens)
1.2 Provo
966k Chaves
897k Abregu

Was he expected to draw a very high number of viewers given the past figures for his bouts as the A-side? Do these figures suggest that his drawing power is commensurate to purses that are more than twice as large as GGG's?

Re: Gennady Golovkin Purse

Posted: 27 Dec 2014, 00:25
by Baby Face Finster
fergusg wrote:Why have you singled-out my post in this thread as the one you chose to respond to? :confused: :??

Why have you bothered to submit a post on a thread that is titled “Gennady Golovkin Purse when you clearly (by your own admission) have no interest whatsoever in the subject matter? :confused: :o

Have you got a mild form of keyboard Tourette’s syndrome, which compels you to write-up insanely idiotic posts, whereby your rambling incoherent response is not remotely close to anything that could possibly be considered a rational thought? :o :lol: :lol: :lol:
I asked why you care about a fighters purse first then inserted the reasons that I don't care. If you weren't such a retard you might have understood the question, but I guess I gave you too much credit. I think I will just ignore you from here on out.

Re: Gennady Golovkin Purse

Posted: 27 Dec 2014, 08:54
by Lenny Cravats
You use far too many adjectives, Fergus.

Re: Gennady Golovkin Purse

Posted: 30 Dec 2014, 11:06
by uptconnect
More recent example is Bradley getting 2 million for a meaningless fight against Chaves.
Some people have no concept of business and multiple fight contracts involving mandatory minimums.
It's ok. Maybe you'll pick up on that kind of stuff at some point. Arum didn't originally plan to have to pay Bradley that kind of money for that opponent. Do you even remember the beef they were having when Bradley was on the shelf? Arum complaining that Bradley was turning down the credible opponents until Chaves?
Hindsight. When fighters get massively overpaid, its almost always because of a hindsight miscalculation.

If you believe Arum ever wanted to pay Bradley 2M for a terrible opponent, I have a bridge for sale. You interested?

Re: Gennady Golovkin Purse

Posted: 30 Dec 2014, 11:51
by ikorolev
uptconnect wrote:
More recent example is Bradley getting 2 million for a meaningless fight against Chaves.
Some people have no concept of business and multiple fight contracts involving mandatory minimums.
It's ok. Maybe you'll pick up on that kind of stuff at some point. Arum didn't originally plan to have to pay Bradley that kind of money for that opponent. Do you even remember the beef they were having when Bradley was on the shelf? Arum complaining that Bradley was turning down the credible opponents until Chaves?
Hindsight. When fighters get massively overpaid, its almost always because of a hindsight miscalculation.

If you believe Arum ever wanted to pay Bradley 2M for a terrible opponent, I have a bridge for sale. You interested?
You are so-o-o-o smart. You even know about multiple fight contracts. Not sure why you are even wasting time in this forum instead of using your outstanding mental abilities elsewhere.

My example was to illustrate that there is no direct dependency between viewing numbers and purses. How are any reasons of Bradley getting 2M disprove that ??? Those reasons are exactly what breaks that direct dependency.

Re: Gennady Golovkin Purse

Posted: 30 Dec 2014, 13:40
by uptconnect
My example was to illustrate that there is no direct dependency between viewing numbers and purses. How are any reasons of Bradley getting 2M disprove that ??? Those reasons are exactly what breaks that direct dependency.
If you believe that your poor example illustrated that fighters are often paid huge purses for sh*t opponents, with the beforehand expectation that the card would perform like sh*t financially, then you sir, do indeed belong here, so that you can continue to enlighten us all.
:lol:

You're one of the most prolific keyboard warriors in this forum, quick to call true fighting men cowards, with little to no understanding of the sport outside of punching.