GGG PPV Debut A Huge Disappointment

[koolkc107]

Someone explain how this didn't lose money.

Assuming it reaches 150K buys (and some doubt this BTW), they won't even gross enough to cover the purses.

GGG's bargaining position just took a head shot.

[Freedom2013]

Why do some people want the PPV to fail?

The final numbers won't be in until Thursday or Friday. I think it will be a bit higher - they say 200,000 will be a success, and 160,000 is the break even point.

[Aaronide_ger]

150Κ is VERY solid. Golovkin fought a guy that had fought just ONCE in the USA. And if you want some stats from Social Media. He Had less than 10K Likes-Follows in all his Accounts at twitter-Facebook-Instagram.

150K buys assuming everyone paid for the HD version gives 9 Million Dollars, thats good money. Official Announcement has not yet been made though. So lets wait to hear news from ESPN and other boxing sites.

[koolkc107]

Folks are reporting 150K as the high end, not the starting number.

In other words, they are hoping it reaches that many buys.

And let's be clear...even if all of those buys were HD (and we know that isn't true) that will mean that the promoter wont even get back all the money paid out in purses.

It would be short 22K.

[koolkc107]

Why do some people want the PPV to fail?

The final numbers won't be in until Thursday or Friday. I think it will be a bit higher - they say 200,000 will be a success, and 160,000 is the break even point.

I am a boxing fan first.

Nothing would please me more than another bonafide PPV star.

And this doesn't mean GGG isn't.

But, it is clear this fight should never have been on PPV.

[stevedoc]

How can having possibly the two best fighters on the same bill be disappointing .....

[expe]

150Κ is VERY solid. Golovkin fought a guy that had fought just ONCE in the USA. And if you want some stats from Social Media. He Had less than 10K Likes-Follows in all his Accounts at twitter-Facebook-Instagram.

150K buys assuming everyone paid for the HD version gives 9 Million Dollars, thats good money. Official Announcement has not yet been made though. So lets wait to hear news from ESPN and other boxing sites.

150k is terrible, can't remember the last US PPV that sold that badly.

$9m is not good money when HBO takes half of it, they'll struggle to cover the purses for the show with what's left.

[ikorolev]

Folks are reporting 150K as the high end, not the starting number.

What folks ? Sh1tty Fight_Hype ?

[koolkc107]

150Κ is VERY solid. Golovkin fought a guy that had fought just ONCE in the USA. And if you want some stats from Social Media. He Had less than 10K Likes-Follows in all his Accounts at twitter-Facebook-Instagram.

150K buys assuming everyone paid for the HD version gives 9 Million Dollars, thats good money. Official Announcement has not yet been made though. So lets wait to hear news from ESPN and other boxing sites.

150k is terrible, can't remember the last US PPV that sold that badly.

$9m is not good money when HBO takes half of it, they'll struggle to cover the purses for the show with what's left.

Exactly.

The promoter winds up with about 45% of the PPV gross. That means they won't even get back enough to cover the 4.1 million paid out in purses.

Nevermind ANY OTHER EXPENSES.

[Counter-puncher]

^^ I predict korolov will disagree with you here

[koolkc107]

^^ I predict korolov will disagree with you here

Lol!

Probably. And he is entitled to his opinion.

But, the way they've been hyping GGG, this can't be seen as anything but very short of expectations.

This will almost certainly cost him in negotiations in any mega fight.

[johnswan1]

A terrible result for them. Those PPV numbers are awful.

[ikorolev]

A terrible result for them. Those PPV numbers are awful.

Yes, they aren't good. However, no even semi-official numbers have been released yet, so I hope that is just haters spitting their grudge.

[koolkc107]

A terrible result for them. Those PPV numbers are awful.

Yes, they aren't good. However, no even semi-official numbers have been released yet, so I hope that is just haters spitting their grudge.

If it isn't haters, if those are the real numbers, then I hope his fanboys are man enough to admit he needs to step up his level of competition.

Fighting b levels is ok for free or cable; but it won't work for the big bucks. Hell, look at Floyd's last fight...

[ikorolev]

he needs to step up his level of competition.

... and fight who ?

Also, didn't Cotto vs Martinez do about 250K PPVs ? That was two stars vs just one here.

[expe]

he needs to step up his level of competition.

... and fight who ?

Also, didn't Cotto vs Martinez do about 250K PPVs ? That was two stars vs just one here.

350k, which was considered disappointing and they just about broke even.

[Freedom2013]

The promoter winds up with about 45% of the PPV gross. That means they won't even get back enough to cover the 4.1 million paid out in purses.

Nevermind ANY OTHER EXPENSES.

The fight set a record on merchandise sales, and sold out 20,000 + filling all the seats at Madison Square Gardens.

And it received money from telecasts in Canada (PPV) Poland (estimated 500,000 viewers) Russia 2 (over 1 mil viewers) UK (allegedly), Armenia, Kazakstan, and other countries.

The promoters made a healthy profit.

[expe]

The promoter winds up with about 45% of the PPV gross. That means they won't even get back enough to cover the 4.1 million paid out in purses.

Nevermind ANY OTHER EXPENSES.

The fight set a record on merchandise sales, and sold out 20,000 + filling all the seats at Madison Square Gardens.

And it received money from telecasts in Canada (PPV) Poland (estimated 500,000 viewers) Russia 2 (over 1 mil viewers) UK (allegedly), Armenia, Kazakstan, and other countries.

The promoters made a healthy profit.

There are costs other than the purses you know, like paying for the venue, promoting the fight, sanctioning fees, officials, tax, etc, they won't have made profit with the PPV sales so low.

[crusader]

How many sales did they need to make a profit?

[expe]

How many sales did they need to make a profit?

Freedom said 160k was the break even point earlier in the thread.

[Freedom2013]

How many sales did they need to make a profit?

Freedom said 160k was the break even point earlier in the thread.

But I wasn't taking TV revenue from other countries into consideration. So it would be less.

[tatertots00]

Are there any links to credible sources with the numbers?

[expe]

How many sales did they need to make a profit?

Freedom said 160k was the break even point earlier in the thread.

But I wasn't taking TV revenue from other countries into consideration. So it would be less.

Where did you actually get the figure from?

[walter5]

I believe Miguel Cotto did 60,000 in his PPV debut.

[Aaronide_ger]

150Κ is VERY solid. Golovkin fought a guy that had fought just ONCE in the USA. And if you want some stats from Social Media. He Had less than 10K Likes-Follows in all his Accounts at twitter-Facebook-Instagram.

150K buys assuming everyone paid for the HD version gives 9 Million Dollars, thats good money. Official Announcement has not yet been made though. So lets wait to hear news from ESPN and other boxing sites.

150k is terrible, can't remember the last US PPV that sold that badly.

$9m is not good money when HBO takes half of it, they'll struggle to cover the purses for the show with what's left.

ohh god. Ward was paid 2 million and drew 300K Viewers on bet. How did they cover his purse?

Bradley got 2M to face Chaves, How did they cover his purse with less than 1 million viewers?

9 Million in revenue is more than enough.. Had it done 200K u all would have said "Thats decent" 50K less and its terrible SMH