Forming your own promotions company, is a bit like setting yourself up as a ltd company as opposed to being employed as a temp, you get to set your own rates, invoice and write stuff off as expenses.Coco wrote:The likes of Naseem only did it after he broke into the big time, solely to maximise his own earnings, rather than to establish his own stable. Hayemaker promotions reminds me very much of A Force promotions where they take on a stable, make all kinds of promises to fighters and to revolutionise the game etc but when it comes down to it, they only care about themselves.jizzle wrote:Like Naseem and Lewis, fighters always start up their own promotional companies vowing to revolutionise the game. The problem starts when they then realise that they may have to spend their own money as opposed to the television companies.Coco wrote:Talent will only get you so far, you need a promoter to get you work, or you risk ending up another Peter Oboh.
Getting quality sparring is essential to bring prospects on as the real learning is done in the gym at that stage, but just being used as a sparring partner is something else. I thought it was criminal he was in Haye's training camp, but they did not make room for him on the bill. Again it highlights the problem being in a promotional team which is completely based around one fighter.
As it has transpired, Hayemaker had a heart attack and would rather let fighters waste away then spend their own money on progressing their careers- seems like Hayemaker have realised how the promotional game works.
The only boxer-promoter cross over I can see making it in the long term is Hatton. But it just depends how deep he's prepared to dig into his fortune to make it work. Team Calzaghe won't get past the Severn bridge.
From the outside it does look like Hatton promotions are willing to invest but it will be interesting to see how motivated they are after Matthew Hatton retires.
The Calzaghe's are doing it out of loyalty to the existing Newbridge camp, but seem only to be realising now that promotions is just like burning cash unless you have tv, and I don't think they will spend their own cash, esp in the light of Joe's missing millions from FW
However, being a proper promoter involves making investments in the future of your fighters. Although the payoffs can be huge, the risks are great too, you can invest in a fighter pay him well, and he loses at the wrong time and his cachet falls away, or even worse, just when he reaches his maximum earning potential he buggers off (see Hamed, Calzaghe and Hatton), leaving you out in the cold.
but a financial weaklyn if truth be told.