BoxRec

lefty wrote:

boxing_rocks wrote:

lefty wrote:An amended 60-40 split to Golovkin or it goes to purse bids which K2 lose forcing Golovkin to drop the belt.

Reading between the lines there- it looks like Showtime is willing to back Haymon in a purse bid situation in turn forcing HBO's hand. Best case scenario HBO has to pay over the odds for the fight.

I am sure that an offer to Jacobs is no worse than 40% of the purse. The disagreements are about its absolute value, venue, network, etc.

You could be right. If it's about networks then it's hard to see how it won't end up in a purse bid situation though.

I believe that if Jacobs gets $3 mil, he is ready to fight on HBO.

crusader wrote:

lefty wrote:An amended 60-40 split to Golovkin or it goes to purse bids which K2 lose forcing Golovkin to drop the belt.

Reading between the lines there- it looks like Showtime is willing to back Haymon in a purse bid situation in turn forcing HBO's hand. Best case scenario HBO has to pay over the odds for the fight.

Where does it say the top line? The article simply mentions that Jacobs' side could make a nice offer, not that they would win if it goes to bids.

It doesn't say that anywhere. It's just my prediction. I should have added that.

boxing_rocks wrote:

lefty wrote:

boxing_rocks wrote:
I am sure that an offer to Jacobs is no worse than 40% of the purse. The disagreements are about its absolute value, venue, network, etc.

You could be right. If it's about networks then it's hard to see how it won't end up in a purse bid situation though.

I believe that if Jacobs gets $3 mil, he is ready to fight on HBO.

Can't see HBO being willing to pay out $6 million plus for the fight.

How much do you think Al's representative would bid?

crusader wrote:How much do you think Al's representative would bid?

I have no idea. It's impossible to gauge. HBO have a specific budget to stick to though which has already been slashed so I can't imagine they have got tons of money available to throw at this fight.

You're so confident Al would win a bid though, so surely you have some figures in mind. Doesn't HBO have some extra $$ due to Canelo not fighting?

crusader wrote:You're so confident Al would win a bid though, so surely you have some figures in mind. Doesn't HBO have some extra $$ due to Canelo not fighting?

HBO has plenty for this fight.

Just in case anyone is confused, entire purses aren't paid by networks.

crusader wrote:You're so confident Al would win a bid though, so surely you have some figures in mind. Doesn't HBO have some extra $$ due to Canelo not fighting?

I'm confident based on the fact that when he tends to bid on a significant fight he wins the bid. As I said earlier- he outbid Hearn by over a million dollars for Dirrell-Degale which I remember Hearn was shocked over at the time.

There's also a precedent for him bidding against HBO. He was willing to bid on Kovalev-Stevenson after Duva forced the mandatory/purse bid situation and then she cowered away and was made to look silly knowing she was going to get blown out of the water in the bid and that HBO wouldn't back her.

You have to look at it this way- if it goes to a purse bid situation- he bids high and wins; he then holds the rights as to where to stage the fight. Golovkin either vacates due to the exclusivity of his deal with HBO and it looks good for Danny because they were ready for the fight OR he gets to have Golovkin on PBC.

If he bids and loses, he still ultimately ends up probably causing HBO to bid more than they wanted to. If it doesn't go to a purse bid, Jacobs will inevitably get a bigger than 75-25 % split and will probably get a 60-40 split or maybe an bigger percentage.

SaadOffTheDeck wrote:Just in case anyone is confused, entire purses aren't paid by networks.

Never thought they were.

lefty wrote:

SaadOffTheDeck wrote:Just in case anyone is confused, entire purses aren't paid by networks.

Never thought they were.

Ok, anyone.

lefty wrote:

crusader wrote:You're so confident Al would win a bid though, so surely you have some figures in mind. Doesn't HBO have some extra $$ due to Canelo not fighting?

I'm confident based on the fact that when he tends to bid on a significant fight he wins the bid. As I said earlier- he outbid Hearn by over a million dollars for Dirrell-Degale which I remember Hearn was shocked over at the time.

There's also a precedent for him bidding against HBO. He was willing to bid on Kovalev-Stevenson after Duva forced the mandatory/purse bid situation and then she cowered away and was made to look silly knowing she was going to get blown out of the water in the bid and that HBO wouldn't back her.

You have to look at it this way- if it goes to a purse bid situation- he bids high and wins; he then holds the rights as to where to stage the fight. Golovkin either vacates due to the exclusivity of his deal with HBO and it looks good for Danny because they were ready for the fight OR he gets to have Golovkin on PBC.

If he bids and loses, he still ultimately ends up probably causing HBO to bid more than they wanted to. If it doesn't go to a purse bid, Jacobs will inevitably get a bigger than 75-25 % split and will probably get a 60-40 split or maybe an bigger percentage.

Is having GGG on PBC that much of a positive for Haymon if it requires significant over-payment to a guy who isn't with him, and his fighter gets knocked out anyway? Haymon is the winner there?

Do you not think K2 is aware of what happened with Main Events by the way? Surely they know at least as much about Haymon's bidding history (though there was never actually a bid for that) and what he's likely to offer here as you do.

HBO has never taken part in a purse bid.a also Stevenson got the bulk of that if the fight went on. Minimal financial incentive here for al.

crusader wrote:

lefty wrote:

crusader wrote:You're so confident Al would win a bid though, so surely you have some figures in mind. Doesn't HBO have some extra $$ due to Canelo not fighting?

I'm confident based on the fact that when he tends to bid on a significant fight he wins the bid. As I said earlier- he outbid Hearn by over a million dollars for Dirrell-Degale which I remember Hearn was shocked over at the time.

There's also a precedent for him bidding against HBO. He was willing to bid on Kovalev-Stevenson after Duva forced the mandatory/purse bid situation and then she cowered away and was made to look silly knowing she was going to get blown out of the water in the bid and that HBO wouldn't back her.

You have to look at it this way- if it goes to a purse bid situation- he bids high and wins; he then holds the rights as to where to stage the fight. Golovkin either vacates due to the exclusivity of his deal with HBO and it looks good for Danny because they were ready for the fight OR he gets to have Golovkin on PBC.

If he bids and loses, he still ultimately ends up probably causing HBO to bid more than they wanted to. If it doesn't go to a purse bid, Jacobs will inevitably get a bigger than 75-25 % split and will probably get a 60-40 split or maybe an bigger percentage.

Is having GGG on PBC that much of a positive for Haymon if it requires significant over-payment to a guy who isn't with him, and his fighter gets knocked out anyway? Haymon is the winner there?

Do you not think K2 is aware of what happened with Main Events by the way? Surely they know at least as much about Haymon's bidding history (though there was never actually a bid for that) and what he's likely to offer here as you do.

That's the oddest thing on his stance. Paying ggg a ton of money to fight on a network and make him nothing is a huge victory for al! Only thing to call that is stubborn beyond belief.

crusader wrote:

lefty wrote:

crusader wrote:You're so confident Al would win a bid though, so surely you have some figures in mind. Doesn't HBO have some extra $$ due to Canelo not fighting?

I'm confident based on the fact that when he tends to bid on a significant fight he wins the bid. As I said earlier- he outbid Hearn by over a million dollars for Dirrell-Degale which I remember Hearn was shocked over at the time.

There's also a precedent for him bidding against HBO. He was willing to bid on Kovalev-Stevenson after Duva forced the mandatory/purse bid situation and then she cowered away and was made to look silly knowing she was going to get blown out of the water in the bid and that HBO wouldn't back her.

You have to look at it this way- if it goes to a purse bid situation- he bids high and wins; he then holds the rights as to where to stage the fight. Golovkin either vacates due to the exclusivity of his deal with HBO and it looks good for Danny because they were ready for the fight OR he gets to have Golovkin on PBC.

If he bids and loses, he still ultimately ends up probably causing HBO to bid more than they wanted to. If it doesn't go to a purse bid, Jacobs will inevitably get a bigger than 75-25 % split and will probably get a 60-40 split or maybe an bigger percentage.

Is having GGG on PBC that much of a positive for Haymon if it requires significant over-payment to a guy who isn't with him, and his fighter gets knocked out anyway? Haymon is the winner there?

Do you not think K2 is aware of what happened with Main Events by the way? Surely they know at least as much about Haymon's bidding history (though there was never actually a bid for that) and what he's likely to offer here as you do.

Well Golovkin is an exciting fighter that people want to watch so getting him on network tv would be pretty good even if his fighter loses. Also I believe he's trying to force K2's hand to either up the percentage or pay out more than they're wanting to pay out on the fight.

Regarding the last part of your post. K2 might be aware of the situation regarding Duva and Haymon; that doesn't mean there's anything they can do about it. K2 probably don't wield that much more power and influence in the US boxing market than Main events does.

You have to remember that Loeffler is relying on a handshake agreement for Golovkin-Canelo being made in September 2017. Make of that what you will.

Also Showtime have said they're going to actively and aggressively pursue the fight so there's obviously something to it.

I can't believe they even have time for this while they "chase so hard" after canelo.

Is having GGG on PBC for one fight worth millions in overpayment?

crusader wrote:Is having GGG on PBC for one fight worth millions in overpayment?

How about the dozens of top fighters represented by al watching him pay a non pbc fighter millions while they twiddle their thumbs? I guess that would be awesome for morale?

crusader wrote:Is having GGG on PBC for one fight worth millions in overpayment?

You'd have to ask Al. This is a guy that has been pissing investors money down the drain at an alarming rate. Which is also why I'm perplexed to why Saad is so shocked at the possibility of this occuring.

Also he could be purely doing it to get Golovkin to vacate the belt like I initially said. The reason being that Jacobs and his team could then say well we were ready for the fight but Golovkin vacated. It ends up reflecting worse on Golovkin's camp.

You type without reading. Thats why you're always perplexed.

Okay Saad. Like I said before; you're not as smart as you think you are. You always claim to be in the know and an expert on the boxing business. Time will tell inevitably huh

lefty wrote:Okay Saad. Like I said before; you're not as smart as you think you are. You always claim to be in the know and an expert on the boxing business. Time will tell inevitably huh

I just know much more than you. That's proven in this thread.

SaadOffTheDeck wrote:

lefty wrote:Okay Saad. Like I said before; you're not as smart as you think you are. You always claim to be in the know and an expert on the boxing business. Time will tell inevitably huh

I just know much more than you. That's proven in this thread.

You know shit hence your subsequent backtracking in an earlier post about how there's a possibility that Schaefer would bid on the fight. It's pretty well known that Schaefer and Al are tight and like to do business together. It's good to cover all bases though huh