GGG PPV Debut A Huge Disappointment

[Freedom2013]

Where did you actually get the figure from?

Article on BS. But they probably didn't take revenue from TV in other countries into consideration.

[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.

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

Rocnation lost money on Ward's fight.

By paying Chaves $35k and from the rights fee they got from HBO, even then they would have been lucky to break even, Bradley only got that much because he had a guarantee in his contract.

It isn't $9m in revenue though, it's more like $4-4.5m because K2 and Golden Boy don't get all the PPV money, then they have to pay tax on that, once that's done they haven't even got enough to pay the guaranteed purses, if Golovkin and Lemieux were getting extra for each buy it's even worse for them.

50k buys is an extra $3m, that's a massive difference, still wouldn't be great but it's the difference between losing money/breaking even and making some profit from the show.

[ikorolev]

Are there any links to credible sources with the numbers?

There are no credible sources. The only source is Fight_Hype, and everybody else is repeating them.

[ikorolev]

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.

Paying for the venue is covered by selling tickets.

[Aaronide_ger]

By paying Chaves $35k and from the rights fee they got from HBO, even then they would have been lucky to break even, Bradley only got that much because he had a guarantee in his contract.

It isn't $9m in revenue though, it's more like $4-4.5m because K2 and Golden Boy don't get all the PPV money, then they have to pay tax on that, once that's done they haven't even got enough to pay the guaranteed purses, if Golovkin and Lemieux were getting extra for each buy it's even worse for them.

50k buys is an extra $3m, that's a massive difference, still wouldn't be great but it's the difference between losing money/breaking even and making some profit from the show.

Gatti-Mayweather Grossed 15.3M $ in PPV Revenue. The total Purse was 6.7M $. Was that also a flop by ur standars? Because again they wouldnt have enough to pay the guaranteed purses ;)

Also the Tickets for the MSG event Grossed 4M, Combine that with the huge success in merchandise sells... 9M$ in revenue is More than enough.

[expe]

Like talking to a brick wall...

[koolkc107]

BadLeftHook is now reporting that the final numbers won't even get to 125,000 buys.

This is officially a fiasco.

[Aaronide_ger]

BadLeftHook is now reporting that the final numbers won't even get to 125,000 buys.

This is officially a fiasco.

Floydhype reported that.

[Ricky_]

Nobody knows who the F Golovkin is and that snoozefest of a fight isn't helping matters.

[nfc90210]

He hasn't broken through to a larger audience. Sometimes you need a star to make a star. I think it was too soon for him to be on PPV and it was the wrong opponent. I think that the number shows that he's not establshed enough yet to be a PPV attraction by himself. Looking at the Floyd/Manny number, Ronda Rousey's last number and Conor McGregor's last number it's very hard to say PPV is dead. The right fights and the right fighters still draw.

As much as I love GGG he's basically done a Mighty Mouse Johnson level number. That's a real shame. Put simply, people didn't care about him enough to buy his fight. I still think he has the potential to be huge. It will be harder than I thought though.

[Perseus]

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

That ppv was the same day as Hopkins/Tarver which had 330,000 buys according to boxrec wiki.
http://boxrec.com/media/index.php?title=Fight:1066695

Boxing fans had to choose which ppv they wanted to buy.
There was no such competition for GGG/Lemieux, it bombed all on its own.

[koolkc107]

LOL at the folks trying to ignore the numbers just because spam broke the story.

This has nothing to do with Mayweather and everything to do with the pisspoor matchmaking that
has made folks doubt whether Golovkin in truly elite or not.

And BTW, those same folks should take note on how fast other industry pundits are
corroborating the number:

‏@ChrisMannixSI
Fight Hype (@spam) reports #GolovkinLemieux generated 150K buys. I'm told final numbers aren't in, but that's in the ballpark.

That's Sports Illustrated's lead boxing writer backing the original report.

This was a financial disaster. If it was a stock, it would be worthless.

And to those folks talking about Canadian money or Russian money, I have just one request...show me.

Show me where any deal was made by HBO to farm out anything to Canadian or Russian distributors.

I'll wait...

[Bobbyptsd]

LOL at the folks trying to ignore the numbers just because spam broke the story.

This has nothing to do with Mayweather and everything to do with the pisspoor matchmaking that
has made folks doubt whether Golovkin in truly elite or not.

And BTW, those same folks should take note on how fast other industry pundits are
corroborating the number:

‏@ChrisMannixSI
Fight Hype (@spam) reports #GolovkinLemieux generated 150K buys. I'm told final numbers aren't in, but that's in the ballpark.

That's Sports Illustrated's lead boxing writer backing the original report.

This was a financial disaster. If it was a stock, it would be worthless.

And to those folks talking about Canadian money or Russian money, I have just one request...show me.

Show me where any deal was made by HBO to farm out anything to Canadian or Russian distributors.

I'll wait...

Canadians could buy the PPV, I mean I could order the PPV here same way someone does in the States. It isn't broadcast on any Canadian TV channel, it's the same HBO PPV. So no, extra money can't really be coming from there, as far as I know. I would assume the Canadian numbers are counted in the PPV buys, since they are basically the same thing. A buy is a buy, I would imagine.

[koolkc107]

LOL at the folks trying to ignore the numbers just because spam broke the story.

This has nothing to do with Mayweather and everything to do with the pisspoor matchmaking that
has made folks doubt whether Golovkin in truly elite or not.

And BTW, those same folks should take note on how fast other industry pundits are
corroborating the number:

‏@ChrisMannixSI
Fight Hype (@spam) reports #GolovkinLemieux generated 150K buys. I'm told final numbers aren't in, but that's in the ballpark.

That's Sports Illustrated's lead boxing writer backing the original report.

This was a financial disaster. If it was a stock, it would be worthless.

And to those folks talking about Canadian money or Russian money, I have just one request...show me.

Show me where any deal was made by HBO to farm out anything to Canadian or Russian distributors.

I'll wait...

Canadians could buy the PPV, I mean I could order the PPV here same way someone does in the States. It isn't broadcast on any Canadian TV channel, it's the same HBO PPV. So no, extra money can't really be coming from there, as far as I know. I would assume the Canadian numbers are counted in the PPV buys, since they are basically the same thing. A buy is a buy, I would imagine.

That's what I thought.

I didn't hear any pre-fight reporting on deals made by HBO with foreign distributors.
I am not saying none were made, I just want these folks who are speculating on more buys
than the 125,000 we know about to document how and where.

I am guessing that is going to be a neat trick that no one is going to be able to pull off very well...because
I don't think there ARE any other significant sources of buys.

The 125,000 topping out at maybe 150,000 is it.

The Golovkin fans trying to spin this based on some imaginary foreign numbers are like Floyd fans
trying to explain his last 550,000 buy fiasco by saying "we don't have the numbers in from Haiti yet!"

[Freedom2013]

Canadians could buy the PPV, I mean I could order the PPV here same way someone does in the States. It isn't broadcast on any Canadian TV channel, it's the same HBO PPV. So no, extra money can't really be coming from there, as far as I know. I would assume the Canadian numbers are counted in the PPV buys, since they are basically the same thing. A buy is a buy, I would imagine.

It was also on French-Canadian TV in Quebec.

[Bobbyptsd]

Canadians could buy the PPV, I mean I could order the PPV here same way someone does in the States. It isn't broadcast on any Canadian TV channel, it's the same HBO PPV. So no, extra money can't really be coming from there, as far as I know. I would assume the Canadian numbers are counted in the PPV buys, since they are basically the same thing. A buy is a buy, I would imagine.

It was also on French-Canadian TV in Quebec.

It was? My mistake, that's surprising to me, as that's the main place to take revenue from, no one gives a shiit about boxing in the rest of the country.

Oh well, that will teach me for leaving Quebec. I didn't pay for it anyway though

[kidbazooka1]

Hbo has been trying very hard to get GGG out there as far as making there commentators pure cheerleaders more than ever before.

GGG will never reach Tyson, Dlh, Floyd, Pacquiao type star status Canelo certainly can but GGG just doesn't have the "it" factor.

With that said he's definitely one of the better fighter but not the star HBO is trying to force him to be.

[caldo2025]

LOL at the folks trying to ignore the numbers just because spam broke the story.

This has nothing to do with Mayweather and everything to do with the pisspoor matchmaking that
has made folks doubt whether Golovkin in truly elite or not.

And BTW, those same folks should take note on how fast other industry pundits are
corroborating the number:

‏@ChrisMannixSI
Fight Hype (@spam) reports #GolovkinLemieux generated 150K buys. I'm told final numbers aren't in, but that's in the ballpark.

That's Sports Illustrated's lead boxing writer backing the original report.

This was a financial disaster. If it was a stock, it would be worthless.

And to those folks talking about Canadian money or Russian money, I have just one request...show me.

Show me where any deal was made by HBO to farm out anything to Canadian or Russian distributors.

I'll wait...

KC, look at you demanding proof and for people to "show you" when you base your whole original post on GARBAGE report from a GARBAGE source.

Still hovering on your Floyd Soapbox ha buddy? Dude, he's retired. Find a new boxer to like bro. Thank GOD you still have YouTube to relive your hero's super exciting PPV bouts fully packed with plenty of dance sequences and hugging.

Everyone knew before fight night that the numbers weren't going to be high. There was absolutely no marketing for this fight. HBO didn't even put forth a 24/7 on their marquee fighter. Lemieux is not a household name and i think he's only fought in USA a couple of times.

So this was a fight for the boxing diehard fans and some people just starting to know about GGG. The low numbers of PPV is more of a hit to the condition of boxing than it does to GGG's popularity.

I'm not expecting great numbers but the numbers have not even come out yet so instead of quoting some hack you found online, maybe you should wait ok Scoop?

[koolkc107]

I am citing credible sources. Fight Hype may or may not be called into account for some of it's coverage of Mayweather, but this isn't Floyd and the industry sources cited are real. So much so that the report is being cosigned by many others, SI's Chris Mannix among them.

There is no way to spin this. The fight was an utter failure. And this performance at the PPV gate has serious jeopardized Golovkin's bargaining position.

[Ricky_]

I am citing credible sources.

No you'ren ot you fool. I've no dog in the Golovkin PPV buy nonsense; but you're citing a source that's banned on this forum. That's how credible it is.

[koolkc107]

I am citing credible sources.

No you'ren ot you fool. I've no dog in the Golovkin PPV buy nonsense; but you're citing a source that's banned on this forum. That's how credible it is.

Dunno the reason for the beef between this forum and that one. But, I bet it has nothing to do with the reports about Golovkin's dismal numbers.

The reason why the report is being carried by so many boxing media outlets is that it is credible and, ultimately, verifiable.

The other thing folks might want to note is a lack of response. Where is Loeffler with the "real" numbers?

[ikorolev]

When real numbers from HBO are in, you will know them.

[johnswan1]

The PPV numbers were fornicating shit - there is no hiding that - and HBO and GGG and his management will all be very disappointed. It doesn't mean that he can't continue to go down the PPV route or become a bona fide star, but they are definitely a bit behind where they may have thought they were.

My own view is that GGG attracts die hard fans in good numbers, but there are fornicate all die hard fans out there. He will probably always do excellent gates because he's the type of fighter with the type of style die hards will travel to see. The problem is that this doesn't necessarily translate into PPV buys from casual fans, but if the hype remains he will probably get there eventually.

[koolkc107]

The PPV numbers were effing poo - there is no hiding that - and HBO and GGG and his management will all be very disappointed. It doesn't mean that he can't continue to go down the PPV route or become a bona fide star, but they are definitely a bit behind where they may have thought they were.

My own view is that GGG attracts die hard fans in good numbers, but there are eff all die hard fans out there. He will probably always do excellent gates because he's the type of fighter with the type of style die hards will travel to see. The problem is that this doesn't necessarily translate into PPV buys from casual fans, but if the hype remains he will probably get there eventually.

Couldn't have said it better myself.

I'll just add that he needs to do it sooner rather than later. If Floyd/Pac got made, no way fights can't be made with Ward and Quillen and other elites or near elites. Beating up second tier guys has just been proven to be unacceptable to all but the hardcore fans

[koolkc107]

When real numbers from HBO are in, you will know them.

We already have the real numbers.

And they suck.