BoxRec

https://www.boxingnewsandviews.com/2018 ... nal-offer/

I think we will see the rematch in September. I would still prefer to see BJS, Charlo, Derevo or Murata. Canelo was already beaten once.

would be dumb not to take it

GGG would deserve to be ridiculed and aggressively lambasted if he didn't accept the revised terms .

Noon deadline Pacific time mañana.

Of course in boxing negotiations, firm deadlines are made to be extended.

You have a hunch Loeffler will eventually accept (claiming naturally, that Golovkin is doing it for the sake of "the fans") or else it's Charlo in the fall for a paltry sum.

SenorPipino wrote: ↑12 Jun 2018, 19:17 Noon deadline Pacific time mañana.

Of course in boxing negotiations, firm deadlines are made to be extended.

You have a hunch Loeffler will eventually accept (claiming naturally, that Golovkin is doing it for the sake of "the fans") or else it's Charlo in the fall for a paltry sum.

Tom Loeffler doesn't make the decision for Gennady,

Golovkin owns GGG Promotions, not Loeffler.

Enlightened-One wrote: ↑12 Jun 2018, 19:22

SenorPipino wrote: ↑12 Jun 2018, 19:17 Noon deadline Pacific time mañana.

Of course in boxing negotiations, firm deadlines are made to be extended.

You have a hunch Loeffler will eventually accept (claiming naturally, that Golovkin is doing it for the sake of "the fans") or else it's Charlo in the fall for a paltry sum.

Tom Loeffler doesn't make the decision for Gennady,

Golovkin owns GGG Promotions, not Loeffler.

But you think Golovkin has a strong business mind and makes major financial decisions and fully understands contractual complexities without input from those who specialize?

SenorPipino wrote: ↑12 Jun 2018, 19:27

Enlightened-One wrote: ↑12 Jun 2018, 19:22

SenorPipino wrote: ↑12 Jun 2018, 19:17 Noon deadline Pacific time mañana.

Of course in boxing negotiations, firm deadlines are made to be extended.

You have a hunch Loeffler will eventually accept (claiming naturally, that Golovkin is doing it for the sake of "the fans") or else it's Charlo in the fall for a paltry sum.

Tom Loeffler doesn't make the decision for Gennady,

Golovkin owns GGG Promotions, not Loeffler.

But you think Golovkin has a strong business mind and makes major financial decisions and fully understands contractual complexities without input from those who specialize?

It really doesn't matter what I think. The only thing that matters are the events that take place in the real world.

Golovkin is self-promoted by GGG Promotions, which is a company that he owns.

Whether he's good or not at his alternative profession is irrelevant, since the only thing that matters are the decisions GGG makes in terms of the handling of his own career.

For sure, Gennady obviously listens to Loeffler, but not enough to compel himself to being solely promoted by 360 Promotions, otherwise GGG Promotions wouldn't need to exist.

GGG Promotions participated when the main promoter was K2. Many top fighters have their promotional companies. Probably makes it easier to account for expenses or something else. We don't know if Gennady is a sole owner of GGG Promotions.

Also, he was raised in Kazakhstan where younger people are supposed to show utter respect to older people and listen to them. I am sure Loeffler has a big influence in decision making, at least had it until lately.

I honestly would prefer to see GGG fight other people still, but for the sake of his future and his life after Boxing it wouldn't be a good idea to turn this offer down. This is definitely the most money he's ever gonna make. It'd take at least 5 fights against some other pretty much hombres to get the amount of money he'll be getting right here and now with this fight.

The sooner they get it locked in, the sooner the AJ fight can be made and a date set.

boxing_rocks wrote: ↑12 Jun 2018, 20:24 GGG Promotions participated when the main promoter was K2. Many top fighters have their promotional companies. Probably makes it easier to account for expenses or something else. We don't know if Gennady is a sole owner of GGG Promotions.

Also, he was raised in Kazakhstan where younger people are supposed to show utter respect to older people and listen to them. I am sure Loeffler has a big influence in decision making, at least had it until lately.

K2 Promotions did not promote Golovkin's most recent bout. GGG Promotions handled it.

You can creativity imagine all sorts of scenarios, but you can't undermine that blatantly obvious fact!

You're right about one thing though, Golovkin will listen to Loeffler and may even rely on him to deal with the media and negotiate bouts.

In terms of who has the final say on things, that'll be GGG's responsibility.

Better for GGG to take it, and then then take out any remaining frustration out in the ring.
Oh yeah, and have a good look at the who the judges will be.

On the other hand IF Murata is ready to go.... then why not hold out for 50%? There's plenty of opinion behind him.

This is boxing, sometimes the real fighting is outside the ring.

Enlightened-One wrote: ↑12 Jun 2018, 19:16 GGG would deserve to be ridiculed and aggressively lambasted if he didn't accept the revised terms .

I disagree.

There are more deserving contenders out there.

GGG has been trough lot of bullshit because of Canelo. If he feels like doing the rematch is not worth the cash then who can say hes wrong?

There is other things than money... GGG has made enough to last him a life time if hes wise with the money. Does he really need every penny he can get? It is up to him what he values more.

I will only aggressively lambaste your stupid posts

Heretic wrote: ↑13 Jun 2018, 03:29

Enlightened-One wrote: ↑12 Jun 2018, 19:16 GGG would deserve to be ridiculed and aggressively lambasted if he didn't accept the revised terms .

I disagree.

There are more deserving contenders out there.

GGG has been trough lot of bullshit because of Canelo. If he feels like doing the rematch is not worth the cash then who can say hes wrong?

There is other things than money... GGG has made enough to last him a life time if hes wise with the money. Does he really need every penny he can get? It is up to him what he values more.

I will only aggressively lambaste your stupid posts

Golovkin agreed to take 30% for his first bout against Canelo.

GBP subsequently offered GGG 35% for the rematch.

Gennady declined this offer and instead demanded 50%, which resulted in a breakdown in negotiations.

Oscar De La Hoya then stated that Canelo would seek to face other opponents instead, such as the likes of Danny Jacobs and Billy Joe Saunders.

And shortly after GBP issued their threat, Tom Loeffler issued a statement, which declared that GGG was willing to compromise, by facing Canelo for 45% instead.

Oscar De La Hoya then issued a new offer to GGG, with the new purse split being 42½ per cent.

Tom Loeffler has already confirmed that Gennady Golovkin will have the final say as to whether or not Team GGG accepts De La Hoya’s latest offer, which I strongly suspect is the highest figure that GBP are willing to go to.

GGG will receive a massively improved purse split for the Canelo rematch in comparison to the figure he earned for the first bout… and it’s incredibly close to the percentage split that he publicly stated that he’d be willing to accept.

Golovkin is also incapable of receiving a purse amount that is remotely close to the one currently being offered by GBP if he chose to fight someone other than Canelo.

Therefore, GGG would indeed deserve to be ridiculed and aggressively lambasted if he didn't accept GBP’s revised terms.

GGG Promotions have already fũckĕd up recently when they failed to arrange for a suitable calibre substitute opponent when it transpired that Canelo had failed a drug test.

They had more than nine weeks to orchestrate a backup plan, such as having Sergiy Derevyanchenko on stand-by (so that Gennady fulfilled his IBF mandatory), but instead they chose to procrastinate and only sought out a replacement opponent a few weeks prior to the Cinco de Mayo fight date.

This resulted in Golovkin facing the absolutely dire Vanes Martirosyan instead, which the IBF understandably refused to sanction.

So GGG promotions’ lack of planning, not only cost Gennady one of his titles and receiving an unusually small payday (due to engaging in the Martirosyan mismatch), but it also weakened his ability to negotiate terms with GBP, due to holding one less championship.

If GGG Promotions’ fũck up again, by rejecting an offer that is a measly 2½ per cent less than the amount they publicly stated that they’d accept, then all the people employed by Team GGG are a bunch of fúckíng morons!

..am I sensing a deliberate attempt to put Golovkin/his team in a negative light? Let's not forget how it all began and who was and has been the "culprit" and the lame duck in the first place..

Speaking of bargaining power: the loss of the belt is regrettable..however, Golovkin is still mw beltholder, is he NOT?.. any mw belts Canel has I'm not aware of? Last time I checked the Ring rankings, couldn't find his name anywhere, be it P4P or MW top ten...Bargaining power, my ass! ..unless, of course the honorary status of being a doper adds to your popularity and strengthens you ability to negotiate..

Actually, the fact that ODH moved from 35% to 42,5% (if true, of course) shows whose bargaining power is on the rise and whose on the decline..Surely, there are reasons to criticise GGG's team but let's just not confuse cause and effect...

greg wrote: ↑13 Jun 2018, 05:52 ..am I sensing a deliberate attempt to put Golovkin/his team in a negative light? Let's not forget how it all began and who was and has been the "culprit" and the lame duck in the first place..

Speaking of bargaining power: the loss of the belt is regrettable..however, Golovkin is still mw beltholder, is he NOT?.. any mw belts Canel has I'm not aware of? Last time I checked the Ring rankings, couldn't find his name anywhere, be it P4P or MW top ten...Bargaining power, my ass! ..unless, of course the honorary status of being a doper adds to your popularity and strengthens you ability to negotiate..

Actually, the fact that ODH moved from 35% to 42,5% (if true, of course) shows whose bargaining power is on the rise and whose on the decline..Surely, there are reasons to criticise GGG's team but let's just not confuse cause and effect...

"Bargaining power" is not about “status” or moral obligations, such as ratings or media criticism, it’s about the amount of revenue that can be generated by each fighter.

And with GGG losing one of his belts, he brings one less financial asset to the negotiating table. Canelo is the proverbial A-side in commercial terms by a country mile.

Whatever events that may have transpired historically are irrelevant in the context of determining the current A-side fighter… and money is the only barometer that can be used to ascertain who holds that status!

Enlightened-One wrote: ↑13 Jun 2018, 06:02

greg wrote: ↑13 Jun 2018, 05:52 ..am I sensing a deliberate attempt to put Golovkin/his team in a negative light? Let's not forget how it all began and who was and has been the "culprit" and the lame duck in the first place..

Speaking of bargaining power: the loss of the belt is regrettable..however, Golovkin is still mw beltholder, is he NOT?.. any mw belts Canel has I'm not aware of? Last time I checked the Ring rankings, couldn't find his name anywhere, be it P4P or MW top ten...Bargaining power, my ass! ..unless, of course the honorary status of being a doper adds to your popularity and strengthens you ability to negotiate..

Actually, the fact that ODH moved from 35% to 42,5% (if true, of course) shows whose bargaining power is on the rise and whose on the decline..Surely, there are reasons to criticise GGG's team but let's just not confuse cause and effect...

"Bargaining power" is not about “status” or moral obligations, such as ratings or media criticism, it’s about the amount of revenue that can be generated by each fighter.

And with GGG losing one of his belts, he brings one less financial asset to the negotiating table. Canelo is the proverbial A-side in commercial terms by a country mile.

Whatever events that may have transpired historically are irrelevant in the context of determining the current A-side fighter… and money is the only barometer that can be used to ascertain who holds that status!

..I believe there's an agreement who's side A...it's just that proverbial side A has been losing its negotiating power and not the other way around, ODH agreeing to 42% is just an indication if not the ultimate proof of that..

greg wrote: ↑13 Jun 2018, 06:25

Enlightened-One wrote: ↑13 Jun 2018, 06:02

greg wrote: ↑13 Jun 2018, 05:52 ..am I sensing a deliberate attempt to put Golovkin/his team in a negative light? Let's not forget how it all began and who was and has been the "culprit" and the lame duck in the first place..

Speaking of bargaining power: the loss of the belt is regrettable..however, Golovkin is still mw beltholder, is he NOT?.. any mw belts Canel has I'm not aware of? Last time I checked the Ring rankings, couldn't find his name anywhere, be it P4P or MW top ten...Bargaining power, my ass! ..unless, of course the honorary status of being a doper adds to your popularity and strengthens you ability to negotiate..

Actually, the fact that ODH moved from 35% to 42,5% (if true, of course) shows whose bargaining power is on the rise and whose on the decline..Surely, there are reasons to criticise GGG's team but let's just not confuse cause and effect...

"Bargaining power" is not about “status” or moral obligations, such as ratings or media criticism, it’s about the amount of revenue that can be generated by each fighter.

And with GGG losing one of his belts, he brings one less financial asset to the negotiating table. Canelo is the proverbial A-side in commercial terms by a country mile.

Whatever events that may have transpired historically are irrelevant in the context of determining the current A-side fighter… and money is the only barometer that can be used to ascertain who holds that status!

..I believe there's an agreement who's side A...it's just that proverbial side A has been losing its negotiating power and not the other way around, ODH agreeing to 42% is just an indication if not the ultimate proof of that..

All negotiations are based on compromise. One side initially demands a high figure to supply their services, whereas the other party starts the bidding with a much lower amount, with both parties inevitably willing to compromise in order to find middle ground.

This is precisely what has occurred with the GGG-Canelo rematch negotiations, since both parties are far removed from their originally-stipulated figures.

For example: if Team GGG accepts GBP’s offer of 42.5%, then both parties would be 7.5 % away from the figures they originally commenced negotiations with.

Enlightened-One wrote: ↑13 Jun 2018, 06:53 For example: if Team GGG accepts GBP’s offer of 42.5%, then both parties would be 7.5 % away from the figures they originally commenced negotiations with.

..sure and there are reasons for it as to why the initial offer of 35% was increased to 42,5%, had GGGs team not come with 50 % ultimatum, they would still have 35% as originally agreed upon..smart move..

Getting this fight on is proving tougher than the US / N. Korea nuke deal.

Trump's lucky he didn't have to deal have to deal with the Goldenboy/ Canelo team.

Kim Jong-un seems quite reasonable and straightforward compared to those guys.

The clock is ticking......

Will Golovkin accept the generous B side purse that GBP is willing to allow?

Or will Golovkin walk away, lose his title to Charlo in the fall for relative peanuts, and become a cautionary story for future boxers not to let stubborn ego along with foolish pride get in the way of sound business decisions?

The clock is ticking....

greg wrote: ↑13 Jun 2018, 07:15

Enlightened-One wrote: ↑13 Jun 2018, 06:53 For example: if Team GGG accepts GBP’s offer of 42.5%, then both parties would be 7.5 % away from the figures they originally commenced negotiations with.

..sure and there are reasons for it as to why the initial offer of 35% was increased to 42,5%, had GGGs team not come with 50 % ultimatum, they would still have 35% as originally agreed upon..smart move..

Gennady did well to stand his ground and hold out for a better percentage split than the initial 35% that was offered by GBP.

However, I suspect that De La Hoya would have anticipated that Team GGG wouldn’t have accepted the very first offer that was proposed to them, which meant that the GBP boss was always likely to provide a better offer at some point.

In terms of my personal opinion, as the B-side, GGG would have been fortunate to receive 40%, let alone 42.5%. So I think he should accept GBP’s terms rather than risk losing the fight altogether for the sake of seeking another 2.5%.

If both teams fail to agree to staging a rematch now and Canelo or GGG lose in the near-future, then the opportunity for both men to be paid mega-money to engage in a second super-fight disappears permanently.

Enlightened-One wrote: ↑13 Jun 2018, 10:24

greg wrote: ↑13 Jun 2018, 07:15

Enlightened-One wrote: ↑13 Jun 2018, 06:53 For example: if Team GGG accepts GBP’s offer of 42.5%, then both parties would be 7.5 % away from the figures they originally commenced negotiations with.

..sure and there are reasons for it as to why the initial offer of 35% was increased to 42,5%, had GGGs team not come with 50 % ultimatum, they would still have 35% as originally agreed upon..smart move..

Gennady did well to stand his ground and hold out for a better percentage split than the initial 35% that was offered by GBP.

However, I suspect that De La Hoya would have anticipated that Team GGG wouldn’t have accepted the very first offer that was proposed to them, which meant that the GBP boss was always likely to provide a better offer at some point.

In terms of my personal opinion, as the B-side, GGG would have been fortunate to receive 40%, let alone 42.5%. So I think he should accept GBP’s terms rather than risk losing the fight altogether for the sake of seeking another 2.5%.

If both teams fail to agree to staging a rematch now and Canelo or GGG lose in the near-future, then the opportunity for both men to be paid mega-money to engage in a second super-fight disappears permanently.

..it's gambling on both sides, it's just that I don't think GGG's team are doing badly..I agree that now they should accept the offer..

I hate De la Hoya, because this fight deserves to be 50 - 50 at least for GGG. But he should take it. Canelo is getting better and better and september is maybe last chance for Golovkin to defeat him

jamamb wrote: ↑12 Jun 2018, 19:07 would be dumb not to take it

Yup. This would be life changing money.