What were the PPV numbers for Tank Davis v Isaac Cruz ?
What were the PPV numbers for Tank Davis v Isaac Cruz ?
What were the PPV numbers for Tank Davis v Isaac Cruz ?
Did Tank, Tank ?
I bet it didn't make 150.
Did Tank, Tank ?
I bet it didn't make 150.
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maverick23
- Cruiserweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
Will be another day or two I think before PPV estimates are released. And then it’ll be a case of whether to believe them or not.
Arum says that the Showtime PPV numbers are rubbish and ESPN is the only place to do big PPV numbers (albeit that was before the Crawford/Porter fight).
Arum says that the Showtime PPV numbers are rubbish and ESPN is the only place to do big PPV numbers (albeit that was before the Crawford/Porter fight).
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Enlightened-One
- Super Lightweight
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- Joined: 19 Jul 2016, 05:12
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I’ll be surprised if it does more than 150K buys, not because Tank’s commercial popularity is on the decline, but mainly due to the fact there have been far too many PPV’s recently, which will inevitably cannibalise buy-rates.
Fight fans have limited funds, which means that the networks and promoters need to realise that they can’t keep broadcasting back-to-back PPV’s and expect consistently high figures.
Fight fans have limited funds, which means that the networks and promoters need to realise that they can’t keep broadcasting back-to-back PPV’s and expect consistently high figures.
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maverick23
- Cruiserweight
- Posts: 10375
- Joined: 26 Feb 2011, 18:20
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
Yep. Fully agree. Bob and Leonard Ellerbe keep peddling the message that PPVs in the US are a group of guys getting together to watch a big fight and I’m sure there is some of that but even still there will be a high % of PPV purchases by people who fund it themselves and the volume of PPVs isn’t sustainable.Enlightened-One wrote: ↑08 Dec 2021, 06:43 I’ll be surprised if it does more than 150K buys, not because Tank’s commercial popularity is on the decline, but mainly due to the fact there have been far too many PPV’s recently, which will inevitably cannibalise buy-rates.
Fight fans have limited funds, which means that the networks and promoters need to realise that they can’t keep broadcasting back-to-back PPV’s and expect consistently high figures.
I also think the expectation of what constitutes a PPV fighter have massively changed. Before this fight Tank did a couple of PPVs that had a reported c.200k buys and they peddle Tank as being a PPV star. The reality is that I would say that’s 500k people watching the fight at most so it’s crazy that they continue with that model.
Surely it’s better to take a less money short term to continue to build your name before jumping on PPV in a big fight and do a large amount of buys?!
Floyd had his first PPV headliner in his 34th fight against a popular Gatti and it was considered to be a soft PPV at something like 350k buys. He then went back on regular HBO before going back to PPV with a well known Judah and doing a similar amount. It was only really the De La Hoya fight that made Mayweather a genuine star fighter as his baseline PPV numbers tripled after that.
I just find it crazy that 200k buys is considered acceptable now.
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Ruthless-RKO
- Welterweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
Tank was on regular Showtime and never even racked 500k viewers.maverick23 wrote: ↑08 Dec 2021, 08:12Yep. Fully agree. Bob and Leonard Ellerbe keep peddling the message that PPVs in the US are a group of guys getting together to watch a big fight and I’m sure there is some of that but even still there will be a high % of PPV purchases by people who fund it themselves and the volume of PPVs isn’t sustainable.Enlightened-One wrote: ↑08 Dec 2021, 06:43 I’ll be surprised if it does more than 150K buys, not because Tank’s commercial popularity is on the decline, but mainly due to the fact there have been far too many PPV’s recently, which will inevitably cannibalise buy-rates.
Fight fans have limited funds, which means that the networks and promoters need to realise that they can’t keep broadcasting back-to-back PPV’s and expect consistently high figures.
I also think the expectation of what constitutes a PPV fighter have massively changed. Before this fight Tank did a couple of PPVs that had a reported c.200k buys and they peddle Tank as being a PPV star. The reality is that I would say that’s 500k people watching the fight at most so it’s crazy that they continue with that model.
Surely it’s better to take a less money short term to continue to build your name before jumping on PPV in a big fight and do a large amount of buys?!
Floyd had his first PPV headliner in his 34th fight against a popular Gatti and it was considered to be a soft PPV at something like 350k buys. He then went back on regular HBO before going back to PPV with a well known Judah and doing a similar amount. It was only really the De La Hoya fight that made Mayweather a genuine star fighter as his baseline PPV numbers tripled after that.
I just find it crazy that 200k buys is considered acceptable now.
Was never on FOX, so wo knows, probably would have hit the 1 million mark.
They're scraping the barrel though, are they even breaking even? Are these boxers on a ppv % rather than a fixed amount and then trying to get that out of the fans via ppv.
Tanks is not a PPV star. He emay be selling out the 10k arena's, but boxers need that other name boxer across them in the ring to really generate that ppv figure.
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Enlightened-One
- Super Lightweight
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- Joined: 19 Jul 2016, 05:12
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
All the networks appear to be performing cost-cutting exercises.maverick23 wrote: ↑08 Dec 2021, 08:12Yep. Fully agree. Bob and Leonard Ellerbe keep peddling the message that PPVs in the US are a group of guys getting together to watch a big fight and I’m sure there is some of that but even still there will be a high % of PPV purchases by people who fund it themselves and the volume of PPVs isn’t sustainable.Enlightened-One wrote: ↑08 Dec 2021, 06:43 I’ll be surprised if it does more than 150K buys, not because Tank’s commercial popularity is on the decline, but mainly due to the fact there have been far too many PPV’s recently, which will inevitably cannibalise buy-rates.
Fight fans have limited funds, which means that the networks and promoters need to realise that they can’t keep broadcasting back-to-back PPV’s and expect consistently high figures.
I also think the expectation of what constitutes a PPV fighter have massively changed. Before this fight Tank did a couple of PPVs that had a reported c.200k buys and they peddle Tank as being a PPV star. The reality is that I would say that’s 500k people watching the fight at most so it’s crazy that they continue with that model.
Surely it’s better to take a less money short term to continue to build your name before jumping on PPV in a big fight and do a large amount of buys?!
Floyd had his first PPV headliner in his 34th fight against a popular Gatti and it was considered to be a soft PPV at something like 350k buys. He then went back on regular HBO before going back to PPV with a well known Judah and doing a similar amount. It was only really the De La Hoya fight that made Mayweather a genuine star fighter as his baseline PPV numbers tripled after that.
I just find it crazy that 200k buys is considered acceptable now.
Fox are dropping some of their sports and allowing their broadcast rights to expire without renewing them. They’ll probably stop working with the PBC from 2023.
Showtime appear to insist on fights being funded by PPV’s, rather than through advertising revenue.
ESPN are allowing their big names to appear on rival networks (using the purse bid process to avoid breaking contracts). They’re also allowing some of their stars to leave their stable, without even attempting to negotiate new deals.
DAZN recently increased their subscription fees in the US and UK, as well as dropping various sports and also renegotiating the terms of their existing broadcast deals. They released Canelo and also other fighters, such as GGG, had to renegotiate their deals. Eddie Hearn also conceded that DAZN are considering introducing PPV’s.
Sky Sports allowed Matchroom to go to DAZN, because they didn’t have the funds to pay for fights.
Fighters are inactive, either because the money isn’t there, or due to there being fewer events staged nowadays (i.e. limited opportunities to engage in bouts).
There’s also a lot of uncertainty as to whether events can even be staged, due to COVID travel restrictions or social distancing, which results in financial risk (i.e. the costs of cancelling events, logistics fees, smaller gate receipts, costs of training camps that need to be abandoned etc.).
The situation is a mess at the moment, resulting in fight fans having to fork out on PPV’s to watch mediocre (or even lacklustre) shows.
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maverick23
- Cruiserweight
- Posts: 10375
- Joined: 26 Feb 2011, 18:20
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I don’t even think it’s necessarily a case of networks needing to reduce costs - I think they just want value for money I.e. sufficient viewers to drive the ad revenues to cover the cost of the shows. Boxing in its current form probably isn’t doing that as the show costs are too high in relation to what they bring in.Enlightened-One wrote: ↑08 Dec 2021, 08:41All the networks appear to be performing cost-cutting exercises.maverick23 wrote: ↑08 Dec 2021, 08:12Yep. Fully agree. Bob and Leonard Ellerbe keep peddling the message that PPVs in the US are a group of guys getting together to watch a big fight and I’m sure there is some of that but even still there will be a high % of PPV purchases by people who fund it themselves and the volume of PPVs isn’t sustainable.Enlightened-One wrote: ↑08 Dec 2021, 06:43 I’ll be surprised if it does more than 150K buys, not because Tank’s commercial popularity is on the decline, but mainly due to the fact there have been far too many PPV’s recently, which will inevitably cannibalise buy-rates.
Fight fans have limited funds, which means that the networks and promoters need to realise that they can’t keep broadcasting back-to-back PPV’s and expect consistently high figures.
I also think the expectation of what constitutes a PPV fighter have massively changed. Before this fight Tank did a couple of PPVs that had a reported c.200k buys and they peddle Tank as being a PPV star. The reality is that I would say that’s 500k people watching the fight at most so it’s crazy that they continue with that model.
Surely it’s better to take a less money short term to continue to build your name before jumping on PPV in a big fight and do a large amount of buys?!
Floyd had his first PPV headliner in his 34th fight against a popular Gatti and it was considered to be a soft PPV at something like 350k buys. He then went back on regular HBO before going back to PPV with a well known Judah and doing a similar amount. It was only really the De La Hoya fight that made Mayweather a genuine star fighter as his baseline PPV numbers tripled after that.
I just find it crazy that 200k buys is considered acceptable now.
Fox are dropping some of their sports and allowing their broadcast rights to expire without renewing them. They’ll probably stop working with the PBC from 2023.
Showtime appear to insist on fights being funded by PPV’s, rather than through advertising revenue.
ESPN are allowing their big names to appear on rival networks (using the purse bid process to avoid breaking contracts). They’re also allowing some of their stars to leave their stable, without even attempting to negotiate new deals.
DAZN recently increased their subscription fees in the US and UK, as well as dropping various sports and also renegotiating the terms of their existing broadcast deals. They released Canelo and also other fighters, such as GGG, had to renegotiate their deals. Eddie Hearn also conceded that DAZN are considering introducing PPV’s.
Sky Sports allowed Matchroom to go to DAZN, because they didn’t have the funds to pay for fights.
Fighters are inactive, either because the money isn’t there, or due to there being fewer events staged nowadays (i.e. limited opportunities to engage in bouts).
There’s also a lot of uncertainty as to whether events can even be staged, due to COVID travel restrictions or social distancing, which results in financial risk (i.e. the costs of cancelling events, logistics fees, smaller gate receipts, costs of training camps that need to be abandoned etc.).
The situation is a mess at the moment, resulting in fight fans having to fork out on PPV’s to watch mediocre (or even lacklustre) shows.
There needs to be realignment on what fighters deserve to get paid. Guys shouldn’t really be getting paid 7 figures/high 6 figures for headlining a standard show that only brings in 0.5m viewers. Broner’s last fight on Showtime had less than 300k viewers with a poor key demo rating too. Yet they still probably paid several million dollars on purses for the show.
It’s just not sustainable and it’s why networks like Showtime focus on PPV and then it just worsens the problem.
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maverick23
- Cruiserweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
Still no word on buys. Usually out by now. Hopefully that’s a sign that they don’t want the estimates to be released.
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maverick23
- Cruiserweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
A couple of people reporting the show achieved less than 100k buys. Hopefully that turns out to be correct.
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I hope so too.maverick23 wrote: ↑11 Dec 2021, 18:02 A couple of people reporting the show achieved less than 100k buys. Hopefully that turns out to be correct.
We aren't going to change the situation by feeding the greedy bastards our hard earned money.
I went strict this year on how many PPVs I get. No regerts.
I judge a PPV worthy of my money as a 60/40 or closer champion vs champion bout with at least one other fight on the card I want to see.
It's been a cheap year
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Ruthless-RKO
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Ruthless-RKO
- Welterweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
50k buys
It basically 'tanked'..
That's why they haven't announced it..
Too many PPV's this year, or mainly this past few months.
Doesn't matter if you price it at $40 or $75..
It's still paying extra.
It basically 'tanked'..
That's why they haven't announced it..
Too many PPV's this year, or mainly this past few months.
Doesn't matter if you price it at $40 or $75..
It's still paying extra.
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Enlightened-One
- Super Lightweight
- Posts: 14618
- Joined: 19 Jul 2016, 05:12
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
You’re right, the PPV buy-rate is appalling.Ruthless-RKO wrote: ↑13 Dec 2021, 06:30 50k buys
It basically 'tanked'..![]()
That's why they haven't announced it..
Too many PPV's this year, or mainly this past few months.
Doesn't matter if you price it at $40 or $75..
It's still paying extra.
However, it was priced at $74.99 and the combined total guaranteed purse pot for the entire event (all ten bouts) was $1,850,350 (based on Dan Rafael’s figures).
So the event generated $3.75m in revenue, with the purses costing £1.85m.
Of course, there are gate receipts, advertising revenue and other expenses to consider, but I’d confidently claim the event at least broke even… and might have generated a very small profit.
The problem all boxing content providers face (i.e. PBC, Top Rank & Matchroom), is that they’re duty-bound to keep their fighters busy, even if their broadcast partners refuse to fund bouts.
And if PPV’s is the only way they can do that, then we’re likely to see a lot more PPV during 2022.
Boxing is in a really bad place right now.
Broadcasters are performing cost-cutting exercises and fans have limited funds, but fighters still need to be kept busy somehow.
This leads to a constant downward spiral, meaning that boxing is a sport only wealthy people can legally follow, making it increasingly less popular.
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maverick23
- Cruiserweight
- Posts: 10375
- Joined: 26 Feb 2011, 18:20
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
Does the $74.99 include tax in the US? Or would customers have to pay tax on top of that?Enlightened-One wrote: ↑13 Dec 2021, 06:56You’re right, the PPV buy-rate is appalling.Ruthless-RKO wrote: ↑13 Dec 2021, 06:30 50k buys
It basically 'tanked'..![]()
That's why they haven't announced it..
Too many PPV's this year, or mainly this past few months.
Doesn't matter if you price it at $40 or $75..
It's still paying extra.
However, it was priced at $74.99 and the combined total guaranteed purse pot for the entire event (all ten bouts) was $1,850,350 (based on Dan Rafael’s figures).
So the event generated $3.75m in revenue, with the purses costing £1.85m.
Of course, there are gate receipts, advertising revenue and other expenses to consider, but I’d confidently claim the event at least broke even… and might have generated a very small profit.
The problem all boxing content providers face (i.e. PBC, Top Rank & Matchroom), is that they’re duty-bound to keep their fighters busy, even if their broadcast partners refuse to fund bouts.
And if PPV’s is the only way they can do that, then we’re likely to see a lot more PPV during 2022.
Boxing is in a really bad place right now.
Broadcasters are performing cost-cutting exercises and fans have limited funds, but fighters still need to be kept busy somehow.
This leads to a constant downward spiral, meaning that boxing is a sport only wealthy people can legally follow, making it increasingly less popular.
It’s highly unlikely it would have broke even at 50,000 buys even with the gate and sponsorship. It costs a lot of money to market a PPV and there’s a cost to all of the airtime that Showtime would have dedicated to it.
I’ve bought airtime in the past in the States and it’s damn expensive - particularly compared to what we pay in the U.K.
Ellerbe and Espinoza have already come out and said the reports of it doing less than 100k buys are inaccurate and that digital buys were a little less than that. I wouldn’t expect to hear anything else from them but when they talk digital buys they’ll be including buys in places like the U.K. where it was £9 exc tax. It was hosted on Fite TV who would likely take at least a 35% cut too.
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Enlightened-One
- Super Lightweight
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- Joined: 19 Jul 2016, 05:12
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
There's no denying that the PPV buy-rate for Davis-Cruz is embarrassingly low.maverick23 wrote: ↑13 Dec 2021, 13:30Does the $74.99 include tax in the US? Or would customers have to pay tax on top of that?Enlightened-One wrote: ↑13 Dec 2021, 06:56You’re right, the PPV buy-rate is appalling.Ruthless-RKO wrote: ↑13 Dec 2021, 06:30 50k buys
It basically 'tanked'..![]()
That's why they haven't announced it..
Too many PPV's this year, or mainly this past few months.
Doesn't matter if you price it at $40 or $75..
It's still paying extra.
However, it was priced at $74.99 and the combined total guaranteed purse pot for the entire event (all ten bouts) was $1,850,350 (based on Dan Rafael’s figures).
So the event generated $3.75m in revenue, with the purses costing £1.85m.
Of course, there are gate receipts, advertising revenue and other expenses to consider, but I’d confidently claim the event at least broke even… and might have generated a very small profit.
The problem all boxing content providers face (i.e. PBC, Top Rank & Matchroom), is that they’re duty-bound to keep their fighters busy, even if their broadcast partners refuse to fund bouts.
And if PPV’s is the only way they can do that, then we’re likely to see a lot more PPV during 2022.
Boxing is in a really bad place right now.
Broadcasters are performing cost-cutting exercises and fans have limited funds, but fighters still need to be kept busy somehow.
This leads to a constant downward spiral, meaning that boxing is a sport only wealthy people can legally follow, making it increasingly less popular.
It’s highly unlikely it would have broke even at 50,000 buys even with the gate and sponsorship. It costs a lot of money to market a PPV and there’s a cost to all of the airtime that Showtime would have dedicated to it.
I’ve bought airtime in the past in the States and it’s damn expensive - particularly compared to what we pay in the U.K.
Ellerbe and Espinoza have already come out and said the reports of it doing less than 100k buys are inaccurate and that digital buys were a little less than that. I wouldn’t expect to hear anything else from them but when they talk digital buys they’ll be including buys in places like the U.K. where it was £9 exc tax. It was hosted on Fite TV who would likely take at least a 35% cut too.
However, the combined total guaranteed purse pot for the entire event was relatively tiny.
Put it this way, I reckon (based on calculating the net result of PPV revenue minus the combined total guaranteed purse pot), that Davis-Cruz probably did better (in terms of profitability) than Crawford-Porter.
The Davis-Cruz event generated $3.75m in PPV revenue, but the combined total purses (for the entire fight card) only amounted to $1.85m.
ESPN reported that the total guaranteed purse pot for the Crawford-Porter main event was $10m. And unlike Davis-Cruz, we don’t have the purses for the undercard.
The Crawford-Porter PPV was priced at $70 and allegedly achieved 135K buys, which meant it only generated $9.45m in revenue.
Turnover is vanity – profit is sanity, which means that Davis-Cruz definitely did much better than Crawford-Porter.
Last edited by Enlightened-One on 13 Dec 2021, 13:59, edited 2 times in total.
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margaret thatcher
- Featherweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
pbc! pbc! pbc!
winning even with 50k ppvs
winning even with 50k ppvs
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Enlightened-One
- Super Lightweight
- Posts: 14618
- Joined: 19 Jul 2016, 05:12
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I know you're only being cheeky, but we're talking about basic maths. You can't be biased with numbers can you?
Even if you despised the PBC, there’s not much you can do about the following equation:
revenue – costs = profit/loss
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margaret thatcher
- Featherweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
da hell you talking about with that 'bias' and sh!t bruh? im just celebrating another win for pbc 
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maverick23
- Cruiserweight
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- Joined: 26 Feb 2011, 18:20
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
From a profitability point of view for the networks and promoters, yes - the Tank PPV made less of a loss than the Porter/Crawford PPV.Enlightened-One wrote: ↑13 Dec 2021, 13:56There's no denying that the PPV buy-rate for Davis-Cruz is embarrassingly low.maverick23 wrote: ↑13 Dec 2021, 13:30Does the $74.99 include tax in the US? Or would customers have to pay tax on top of that?Enlightened-One wrote: ↑13 Dec 2021, 06:56
You’re right, the PPV buy-rate is appalling.
However, it was priced at $74.99 and the combined total guaranteed purse pot for the entire event (all ten bouts) was $1,850,350 (based on Dan Rafael’s figures).
So the event generated $3.75m in revenue, with the purses costing £1.85m.
Of course, there are gate receipts, advertising revenue and other expenses to consider, but I’d confidently claim the event at least broke even… and might have generated a very small profit.
The problem all boxing content providers face (i.e. PBC, Top Rank & Matchroom), is that they’re duty-bound to keep their fighters busy, even if their broadcast partners refuse to fund bouts.
And if PPV’s is the only way they can do that, then we’re likely to see a lot more PPV during 2022.
Boxing is in a really bad place right now.
Broadcasters are performing cost-cutting exercises and fans have limited funds, but fighters still need to be kept busy somehow.
This leads to a constant downward spiral, meaning that boxing is a sport only wealthy people can legally follow, making it increasingly less popular.
It’s highly unlikely it would have broke even at 50,000 buys even with the gate and sponsorship. It costs a lot of money to market a PPV and there’s a cost to all of the airtime that Showtime would have dedicated to it.
I’ve bought airtime in the past in the States and it’s damn expensive - particularly compared to what we pay in the U.K.
Ellerbe and Espinoza have already come out and said the reports of it doing less than 100k buys are inaccurate and that digital buys were a little less than that. I wouldn’t expect to hear anything else from them but when they talk digital buys they’ll be including buys in places like the U.K. where it was £9 exc tax. It was hosted on Fite TV who would likely take at least a 35% cut too.
However, the combined total guaranteed purse pot for the entire event was relatively tiny.
Put it this way, I reckon (based on calculating the net result of PPV revenue minus the combined total guaranteed purse pot), that Davis-Cruz probably did better (in terms of profitability) than Crawford-Porter.
The Davis-Cruz event generated $3.75m in PPV revenue, but the combined total purses (for the entire fight card) only amounted to $1.85m.
ESPN reported that the total guaranteed purse pot for the Crawford-Porter main event was $10m. And unlike Davis-Cruz, we don’t have the purses for the undercard.
The Crawford-Porter PPV was priced at $70 and allegedly achieved 135K buys, which meant it only generated $9.45m in revenue.
Turnover is vanity – profit is sanity, which means that Davis-Cruz definitely did much better than Crawford-Porter.
If the rumoured numbers are to be believed though the Crawford PpV sold far better even if that PPV sales were still really poor.
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Enlightened-One
- Super Lightweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I don't think Davis-Cruz made a loss, but if they did, it was negligible.maverick23 wrote: ↑13 Dec 2021, 14:05From a profitability point of view for the networks and promoters, yes - the Tank PPV made less of a loss than the Porter/Crawford PPV.
Promoters aren’t charities.maverick23 wrote: ↑13 Dec 2021, 14:05If the rumoured numbers are to be believed though the Crawford PpV sold far better even if that PPV sales were still really poor.
Revenue doesn’t matter to them if they fail to break even.
If a promoter incurs a loss, they have to dip into their own pockets to address the financial shortfall.
Put it this way, if I sold a pen for $5, but it only cost me $2, then this was a much better business transaction than selling a house for $300K that cost me $400K.
For sure, Crawford-Porter outsold Davis-Cruz, but the former was the “house”, with the latter being the “pen”.
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maverick23
- Cruiserweight
- Posts: 10375
- Joined: 26 Feb 2011, 18:20
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
Thanks for the business lesson. Fortunately for me I’m a financial director of a TV company so understand that a $3 profit is better than a $100k loss.Enlightened-One wrote: ↑13 Dec 2021, 14:13I don't think Davis-Cruz made a loss, but if they did, it was negligible.maverick23 wrote: ↑13 Dec 2021, 14:05From a profitability point of view for the networks and promoters, yes - the Tank PPV made less of a loss than the Porter/Crawford PPV.Promoters aren’t charities.maverick23 wrote: ↑13 Dec 2021, 14:05If the rumoured numbers are to be believed though the Crawford PpV sold far better even if that PPV sales were still really poor.
Revenue doesn’t matter to them if they fail to break even.
If a promoter incurs a loss, they have to dip into their own pockets to address the financial shortfall.
Put it this way, if I sold a pen for $5, but it only cost me $2, then this was a much better business transaction than selling a house for $300K that cost me $400K.
For sure, Crawford-Porter outsold Davis-Cruz, but the former was the “house”, with the latter being the “pen”.![]()
Why are you comparing the 2 PPVs? PBC/Espinoza aren’t going to come out and saying ‘Yes we only sold 50,000 PPVs but our net loss was less than the ESPN PPV’.
Re: your comment on it being a negligible loss that won’t be the case for Showtime. They’d have lost out on several million dollars in advertising because they dedicated that airtime to pushing a flop PPV. They would have also advertised elsewhere which isn’t cheap in today’s market.
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Enlightened-One
- Super Lightweight
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Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I’m a long-time follower of PPV buy rates and purses.maverick23 wrote: ↑13 Dec 2021, 14:24Thanks for the business lesson. Fortunately for me I’m a financial director of a TV company so understand that a $3 profit is better than a $100k loss.Enlightened-One wrote: ↑13 Dec 2021, 14:13I don't think Davis-Cruz made a loss, but if they did, it was negligible.maverick23 wrote: ↑13 Dec 2021, 14:05From a profitability point of view for the networks and promoters, yes - the Tank PPV made less of a loss than the Porter/Crawford PPV.Promoters aren’t charities.maverick23 wrote: ↑13 Dec 2021, 14:05If the rumoured numbers are to be believed though the Crawford PpV sold far better even if that PPV sales were still really poor.
Revenue doesn’t matter to them if they fail to break even.
If a promoter incurs a loss, they have to dip into their own pockets to address the financial shortfall.
Put it this way, if I sold a pen for $5, but it only cost me $2, then this was a much better business transaction than selling a house for $300K that cost me $400K.
For sure, Crawford-Porter outsold Davis-Cruz, but the former was the “house”, with the latter being the “pen”.![]()
Why are you comparing the 2 PPVs? PBC/Espinoza aren’t going to come out and saying ‘Yes we only sold 50,000 PPVs but our net loss was less than the ESPN PPV’.
Re: your comment on it being a negligible loss that won’t be the case for Showtime. They’d have lost out on several million dollars in advertising because they dedicated that airtime to pushing a flop PPV. They would have also advertised elsewhere which isn’t cheap in today’s market.
So I’m aware of the margins.
How many PPV events can you list where the total combined guaranteed purse pot for the entire card was less than half the PPV revenue?
You prematurely assumed Davis-Cruz incurred a loss without even checking the purses.
Your job title means nothing in this debate. You could be a contestant on RuPaul’s Drag Race for all I care.
The numbers are what they are.
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maverick23
- Cruiserweight
- Posts: 10375
- Joined: 26 Feb 2011, 18:20
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
I knew the reported purses before I said what I did. I also know how much it costs to advertise on TV in the US.Enlightened-One wrote: ↑13 Dec 2021, 14:46I’m a long-time follower of PPV buy rates and purses.maverick23 wrote: ↑13 Dec 2021, 14:24Thanks for the business lesson. Fortunately for me I’m a financial director of a TV company so understand that a $3 profit is better than a $100k loss.Enlightened-One wrote: ↑13 Dec 2021, 14:13
I don't think Davis-Cruz made a loss, but if they did, it was negligible.
Promoters aren’t charities.
Revenue doesn’t matter to them if they fail to break even.
If a promoter incurs a loss, they have to dip into their own pockets to address the financial shortfall.
Put it this way, if I sold a pen for $5, but it only cost me $2, then this was a much better business transaction than selling a house for $300K that cost me $400K.
For sure, Crawford-Porter outsold Davis-Cruz, but the former was the “house”, with the latter being the “pen”.![]()
Why are you comparing the 2 PPVs? PBC/Espinoza aren’t going to come out and saying ‘Yes we only sold 50,000 PPVs but our net loss was less than the ESPN PPV’.
Re: your comment on it being a negligible loss that won’t be the case for Showtime. They’d have lost out on several million dollars in advertising because they dedicated that airtime to pushing a flop PPV. They would have also advertised elsewhere which isn’t cheap in today’s market.
So I’m aware of the margins.
How many PPV events can you list where the total combined guaranteed purse pot for the entire card was less than half the PPV revenue?
You prematurely assumed Davis-Cruz incurred a loss without even checking the purses.
Your job title means nothing in this debate.
The numbers are what they are.
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Enlightened-One
- Super Lightweight
- Posts: 14618
- Joined: 19 Jul 2016, 05:12
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
You didn’t know the purses until I provided the figures.maverick23 wrote: ↑13 Dec 2021, 14:50I knew the reported purses before I said what I did. I also know how much it costs to advertise on TV in the US.Enlightened-One wrote: ↑13 Dec 2021, 14:46I’m a long-time follower of PPV buy rates and purses.maverick23 wrote: ↑13 Dec 2021, 14:24
Thanks for the business lesson. Fortunately for me I’m a financial director of a TV company so understand that a $3 profit is better than a $100k loss.
Why are you comparing the 2 PPVs? PBC/Espinoza aren’t going to come out and saying ‘Yes we only sold 50,000 PPVs but our net loss was less than the ESPN PPV’.
Re: your comment on it being a negligible loss that won’t be the case for Showtime. They’d have lost out on several million dollars in advertising because they dedicated that airtime to pushing a flop PPV. They would have also advertised elsewhere which isn’t cheap in today’s market.
So I’m aware of the margins.
How many PPV events can you list where the total combined guaranteed purse pot for the entire card was less than half the PPV revenue?
You prematurely assumed Davis-Cruz incurred a loss without even checking the purses.
Your job title means nothing in this debate.
The numbers are what they are.![]()
Showtime and Fox pay the PBC for the rights to broadcast boxing content on their networks.
I believe the annual budgets funded by Fox/Showtime exceeds $60m.
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margaret thatcher
- Featherweight
- Posts: 39228
- Joined: 22 Jul 2019, 15:43
Re: What were the PPV numbers for Tank Davis v Isaac Cruz ?
whats the minimum ppv sales this couldve done and still broke even?
you gotta admit, if they can still pull it off with like 50k, when other dudes are failing with like 150k, it speaks to the business genius of al haymon
you gotta admit, if they can still pull it off with like 50k, when other dudes are failing with like 150k, it speaks to the business genius of al haymon