Enlightened-One wrote: ↑13 Dec 2021, 14:46
I’m a long-time follower of PPV buy rates and purses.
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.
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.
You didn’t know the purses until I provided the figures.
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.
I did know them. Your posts aren’t my only source of boxing insight.
Thanks for the budgets. That doesn’t change the fact that once the revenue (assuming 50,000 US buys) and total costs are included the show would have made a loss.
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.
You didn’t know the purses until I provided the figures.
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.
I did know them. Your posts aren’t my only source of boxing insight.
Thanks for the budgets. That doesn’t change the fact that once the revenue (assuming 50,000 US buys) and total costs are included the show would have made a loss.
Made a loss for whom and what are the figures you’ve used to draw such a conclusion?
Rewatching the fight, you can see specifically where Tank hurt his hand - 1:57 of the 10th round. He winced and stopped throwing the left almost entirely.
The natural match that makes the most sense coming out of that weekend is Diaz v Cruz. I would love to see that fight.
Enlightened-One wrote: ↑13 Dec 2021, 15:16
You didn’t know the purses until I provided the figures.
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.
I did know them. Your posts aren’t my only source of boxing insight.
Thanks for the budgets. That doesn’t change the fact that once the revenue (assuming 50,000 US buys) and total costs are included the show would have made a loss.
Made a loss for whom and what are the figures you’ve used to draw such a conclusion?
Made a loss for the promoter/broadcaster. I don’t know what deal they had between them but overall it wasn’t good for them.
I know they would have spent well over $2/3m on TV marketing alone because I’m aware of how much they had and, as I said, I know how much it costs for airtime in the US. In my previous company we had a channel in the US and it’s extremely expensive to market on TV.
To an extent, it’s similar to the Wilder/Fury 2 PPV. Their reported breakeven was 1-1.1m buys whilst the purses per the commission for the show were c.$11m ($5m each for Wilder/Fury - in reality it was much more than this - reportedly $25m each) plus c.$1m on the undercard. It was a breakeven of 1m buys because they spent many millions of dollars promoting the show.
Last edited by maverick23 on 13 Dec 2021, 16:40, edited 1 time in total.
Jeff_lacy_ko wrote: ↑13 Dec 2021, 16:20
They can report guaranteed purses to the commission but haymon is paying tank davis much more than 2mm per fight
Of course this would bomb on ppv. And of course tc v porter bombed on ppv. Fighters are overpaid in the US for their popularity. By a lot.
Yep. That’s the crux of the problem for boxing in the US. Fighters are being paid far more than they’re commercially worth. Networks can get much cheaper content that will bring in similar viewers/ad revenue.
There needs to be a realignment in purses in the US before boxing will be able to move forward. Otherwise it’s just more and more PPV.
Because Tank is linked with Floyd gives him air time.
Davis hasn't been convincing, he's taking easier fights, guys moving up you know what I mean.
Tank hasn't had a big fight or one that he goes into evenly or as an underdog.
He's being guided carefully.
Jeff_lacy_ko wrote: ↑13 Dec 2021, 16:20
They can report guaranteed purses to the commission but haymon is paying tank davis much more than 2mm per fight
Of course this would bomb on ppv. And of course tc v porter bombed on ppv. Fighters are overpaid in the US for their popularity. By a lot.
Yep. That’s the crux of the problem for boxing in the US. Fighters are being paid far more than they’re commercially worth. Networks can get much cheaper content that will bring in similar viewers/ad revenue.
There needs to be a realignment in purses in the US before boxing will be able to move forward. Otherwise it’s just more and more PPV.
Boxers think they're worth than they are.
Same thing happened in the UK as well, Hearn kept going on about rights fee's would need to increase from Sky, because guys like Whyte are demanding £1m+ purses - so his fights have to be PPV from now on.
But then, because us fans are being so deprived, they end up buying the damn ppv.
Jeff_lacy_ko wrote: ↑13 Dec 2021, 16:20
They can report guaranteed purses to the commission but haymon is paying tank davis much more than 2mm per fight
Of course this would bomb on ppv. And of course tc v porter bombed on ppv. Fighters are overpaid in the US for their popularity. By a lot.
Yep. That’s the crux of the problem for boxing in the US. Fighters are being paid far more than they’re commercially worth. Networks can get much cheaper content that will bring in similar viewers/ad revenue.
There needs to be a realignment in purses in the US before boxing will be able to move forward. Otherwise it’s just more and more PPV.
Boxers think they're worth than they are.
Same thing happened in the UK as well, Hearn kept going on about rights fee's would need to increase from Sky, because guys like Whyte are demanding £1m+ purses - so his fights have to be PPV from now on.
But then, because us fans are being so deprived, they end up buying the damn ppv.
How many hardcore fans purchase PPV's you reckon?
Boxers have been overpaid based on their commercial value for several years in the US and it’s been exacerbated by DAZN and more recently Triller getting involved.
Hearn was right when he said Sky needed to increase their rights fees to be able to get someone like Whyte on their channel as otherwise he’d just sign with another promoter/TV network where he could get £1m.
In fairness to Whyte his PPVs have always done pretty well and he’s usually in exciting and competitive (excluding the ghost of Povetkin but I get that he wanted to do it again) fights.
Hardcore fans in the U.K. are probably only 30-40,000 or so although ‘hardcore fans’ can mean different things to different people. I’ve got mates who watch all of the main U.K. shows but won’t be watching all of prelims on YouTube or the likes of IFL or subscribe to Boxing News like I do.
