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Re: Eddie Hearn - Andy lee/Darren barker

Posted: 20 May 2013, 14:27
by Dan Dares
sucracristo wrote:
davie wrote: He'd get more for winning prizefighter against nobodies.
http://en.wikipedia.org/wiki/Prizefighter_series
i see a lot of guys on that prizefighter page that fought for british, euro, and world
titles. gavin reese had all 3 i believe. some of britian's best boxers didn't make the finals.
in those 3 round fights, anything can happen, including bad cuts and very talented
up and comers pulling upsets and even some known boxers performing above expectations.
winning prizefighter is actually a good payday, maybe the best some of those guys ever get.
not sure if it's a lock lee would win it and it's 9 rounds in one night. what do the other 7 fighters
get for entering prizefighter? i have a hard time believing they show up and get nothing.
possible lee could wind up getting hit with a lucky shot and knocked out cold for free.
It's four grand a man, eight if you win once, sixteen grand for the finalist. It started off at 25K for the winner i think, now its £32K, with a £2K bonus for a knockout.

Re: Eddie Hearn - Andy lee/Darren barker

Posted: 21 May 2013, 09:04
by palooka
sucracristo wrote:
wrimc wrote: Presumably Barker would be getting paid more as the Matchroom fighter? £50k? £75k? its would probably cost £100k to make that fight. Obviously there is additional income from ticket sales.

Then however there is an undercard which has to be paid for. By the standards of many peole on here there would have to be another top level fight to support that which would cost a fair bit as well.
+ they need an arena to fight in which isn't free
+ they need to set up the arena
+ they need to staff the arena
+ they need to pay judges, including travel and accomodations
+ they need to pay refs
+ they need to pay commission to sanction and attend
+ they need to pay ringside physicians
+ they need to have an equipped ambulance ready at all times with EMT's
+ they need to actually promote it, set up pressers and advertise, etc
+ print tix

i probably left out a lot but it's not just the fighters on the card. promotors also have overhead
unrelated to any particular card, like office and staff and insurance and license and taxes, etc.

it's one thing to say "so and so is well worth it".
ok... take out YOUR money and pay him then.
uhhhhhh, well not with MY money he's not, but with some rich person's money he is.
there is only so much money coming in so there can only be so much going out.
promotors take cash out of their pockets to make these fights, even putting the purses
in accounts ahead of time, and i know promotors who have lost money on cards.
it's not that uncommon. think about it this way, if you took out THAT much cash out
of your pocket to make a fight happen, and put that much work into it, how much
of a return on that investment would you hope to get? add that to all the expences
and now you have the minimum revenue needed to make the show come off.
if they had a casino that would pay to host the fight that might help, and if they
had concessions and merchandise and lots of tv money and sponsors and
a big live gate with high priced tix then a promotor might have lots of money
to spread around. it's not how difficult the fight is that determines what the
boxers are worth to fight each other. it's whatever revenues the fight can bring in
Isn't that the same for every promoter? I don't think that anyone would dispute that it is a difficult and unreliable way to make money, but they manage to make it work. They (promoters) are for the most part not wealthy boxing fans who want to throw their money away, they are business men with capital and connections and will figure out well in advance if the expected returns outweigh the promotional risk/outlay - if it doesn't then the fight doesn't get made, if it does then it does. The promoter doesn't rely on the sale of hotdogs or cans of pop to turn a profit; it stands to sense + promoting must be worthwhile if you've means and knowledge to do it, otherwise they would find something else to do to make a good living.

Re: Eddie Hearn - Andy lee/Darren barker

Posted: 22 May 2013, 12:49
by sucracristo
palooka wrote: Isn't that the same for every promoter?
yes
palooka wrote: I don't think that anyone would dispute that it is a difficult and unreliable way to make money...it stands to sense + promoting must be worthwhile if you've means and knowledge to do it, otherwise they would find something else to do to make a good living.
it is difficult and unreliable. promotors do lose money pretty often on cards. people lose money on the stock market sometimes but there is still a market. my point was that anyone can say one boxer fighting another is worth this or that, but it is noth worth this or that if there is not enough revenue to justify it.
palooka wrote: The promoter doesn't rely on the sale of hotdogs or cans of pop to turn a profit;
i didn't specifically mention hot dogs as a major source of revenue of promotors,
but since you brough up hotdogs look at the price of a hotdog at any athletic event.
look at the price of a pack of hotdogs at the supermarket. there is like a 1000% markup.
at the biggest events the total of concessions and merchandizing revenues can produce hundreds
of thousands of dollars in profit. mayweather gets a piece of every t-shirt sold in vegas for
one of his fights. don't fool yourself. it's a paycheck bigger than the vast majority of people
in the developed world will ever see, even if they sold their home with the mortgage paid off.
lee-barker? obviously not hagler-leonard, delahoya-mayweather, etc.
there will be no casinos or giant venues bidding to host that fight. it won't get big
ppv sales (if any), or a big gate, or huge sponsors, or anything else.
honestly when i hear of someone willing to pay lee-barker $30keach to fight, i don't see where the money
comes from even to pay them that much.

Re: Eddie Hearn - Andy lee/Darren barker

Posted: 22 May 2013, 12:56
by sucracristo
Dan Dares wrote: It's four grand a man, eight if you win once, sixteen grand for the finalist. It started off at 25K for the winner i think, now its £32K, with a £2K bonus for a knockout.
nothing to sneeze at. more per round than most good fighters earn anywhere else.

Re: Eddie Hearn - Andy lee/Darren barker

Posted: 22 May 2013, 14:22
by palooka
sucracristo wrote:
palooka wrote: Isn't that the same for every promoter?
yes
palooka wrote: I don't think that anyone would dispute that it is a difficult and unreliable way to make money...it stands to sense + promoting must be worthwhile if you've means and knowledge to do it, otherwise they would find something else to do to make a good living.
it is difficult and unreliable. promotors do lose money pretty often on cards. people lose money on the stock market sometimes but there is still a market. my point was that anyone can say one boxer fighting another is worth this or that, but it is noth worth this or that if there is not enough revenue to justify it.
palooka wrote: The promoter doesn't rely on the sale of hotdogs or cans of pop to turn a profit;
i didn't specifically mention hot dogs as a major source of revenue of promotors,
but since you brough up hotdogs look at the price of a hotdog at any athletic event.
look at the price of a pack of hotdogs at the supermarket. there is like a 1000% markup.
at the biggest events the total of concessions and merchandizing revenues can produce hundreds
of thousands of dollars in profit. mayweather gets a piece of every t-shirt sold in vegas for
one of his fights. don't fool yourself. it's a paycheck bigger than the vast majority of people
in the developed world will ever see, even if they sold their home with the mortgage paid off.
lee-barker? obviously not hagler-leonard, delahoya-mayweather, etc.
there will be no casinos or giant venues bidding to host that fight. it won't get big
ppv sales (if any), or a big gate, or huge sponsors, or anything else.
honestly when i hear of someone willing to pay lee-barker $30keach to fight, i don't see where the money
comes from even to pay them that much.
Andy Lee and Darren Barker are pretty well know names to the average boxing fans; they are not unknown quantities and are both high level performers; Barker in particular boxed well against the established 'best' in the division and has looked good since. Both boxers have exciting styles and Barker has a strong fan base and Lee is Irish and they can draw a crowd anywhere (even in the USA). Both boxers are known to television executives and have data including viewing figures that are pretty much current. A good promoter worth his salt could get interest behind the 2 meeting and sell a good number of tickets and get a TV date sorted; both men are high class performers and ought to get the going rate for the job, if that's a $60,000 split, (that's about £20,000 each on a 50/50 split and after taxes, managers and trainers deductions + sparring costs etc then both would do well to come away with £8,000 ($13,000) that's not PPV money or anything remotely the same; it's not life changing money and a worker with a decent job may be better off than a boxer in this position, in fact they may be better off getting the hot dog concession.

Re: Eddie Hearn - Andy lee/Darren barker

Posted: 22 May 2013, 17:26
by sucracristo
palooka wrote: it's not life changing money and a worker with a decent job may be better off than a boxer in this position, in fact they may be better off getting the hot dog concession.
they're both VERY good. there are world ranked guys both can beat so of course they're very good.
most pros have equipment and training expences and gas driving around and get $100 round,
never mind the possible medical bills from getting hurt. if you think 3-4 4 round fights per year
is pretty active for a rookie boxer, some fight more and some fight less, boxing is an expensive
hobby that gets you beat up a lot for most pros. 90% do have pimary job, be it hot dog concession
or physical trainer, boxing coach, trades, etc. steve collins had an electricians license in boston.
another boxer in boston, kenny butler, was a postman. many have several part time jobs. some have
full time professional jobs like RN, teacher, etc, and and find time to train and take time off to fight.
a lot of them have sponsors of their own to help with training expences. there have been people who
have taken less than what we're talking about to fight world title fights. if they could fill a 10,000 seat
arena with tv money maybe they could get $50k each, maybe a little more.