Premier Boxing Champions Will Fail. Why? The Law Of Diminishing Utility Of Course

Discussion in 'World Boxing Forum' started by CST80, Apr 8, 2015.


  1. Overhill

    Overhill Boxing Addict Full Member

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    I don't think PBC is even meant to last and I feel sorry for the people who can't see through the Haymon-entity.
     
  2. CST80

    CST80 De Omnibus Dubitandum Staff Member

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    Or we can go with Haymon's model where Haymon makes a s**t-ton of money and have all the power, all the while his 160 fighters will, in all likelihood, die broke.

    Haymon isn't doing this because he's Mr. Altruistic, so just knock that **** off.
     
  3. Stylez G.

    Stylez G. Boxing Junkie Full Member

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    But surely you can admit that you're just guessing here? Diminishing utility dictates that there is a breaking point where the returns start to diminish. However, you don't know what that breaking point is, you couldn't possibly know. Predicting failure due to oversaturation of a brand new product that only airs a couple of times a month doesn't make sense.

    It seems that you're argument is very subjective in nature. I'm not sure why you're trying to hide behind the facade of objectivity. When have you seen a Garcia/Salka match on PBC? Their cards have actually been pretty good. Instead of trying to use some faulty argument about diminishing utility, your thread title should be "I don't like the matchups on PBC and I think it will fail". That's actually an honest discussion right there. Time will tell if that's accurate.
     
  4. Stylez G.

    Stylez G. Boxing Junkie Full Member

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    So are you arguing that Haymon's fighters are not being paid properly? Are any of them complaining about how they're treated and/or paid?
     
  5. Stylez G.

    Stylez G. Boxing Junkie Full Member

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    Excellent point.
     
  6. Badbot

    Badbot I Am An Actual Pro. Full Member

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    Haymon fighters make a lot of money. Leo Santa Cruz made 750K in his last fight. Golovkin made that vs Geale and he was headlining on HBO(of course GGG has other markets where his own company makes additional profits).
    Mike Perez only got 60K on that card :-(

    Haymon pays his fighters and puts on good fights.
     
  7. mrdoctor

    mrdoctor GGG Full Member

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    i agree and also u have to add that people will just google "boxing champion"and GGG will show up or kov or klit or ward or froch.PBC is not sustainable and at the end of the day its a pyramid scheme.
     
  8. Rico Spadafora

    Rico Spadafora Master of Chins Full Member

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    I don't see how Haymon is not going to run out of money first he says he has a 5 year plan but he will run out of money unless he can figure out a way to start turning a profit and fast.
     
  9. fatcity

    fatcity Obsessed with Boxing Full Member

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    Agreed.I have espoused this from the beginning.Haymon has "investors" who have given him a war chest of a couple of hundred million dollars,but with the time buys on tv,production costs and the outrageous purse money he is paying he loses at least 5 million per broadcast,if not more.His events are papered and free tickets are given out to create an image of interest.The tv ratings are poor at best so unless he counts on Floyd's commission for his fights,he has not enough revenue to come close to breaking even.I have no idea what his end game is,unless it's a pay boxing channel in a couple of years but every time a "fight channel" has been proposed reality sets in and it's a no-go.
    I would hate to be an investor in this scheme unless his investpors need a loss leader for tax purposes.It does smack of a pyramid scheme-or worse!
     
  10. Saintpat

    Saintpat Obsessed with Boxing Full Member

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    The Diminishing Utility thing is social science, not economics, and doesn't apply universally.

    Let's take pizza as the commodity: when I was growing up, there were a couple of pizza joints in my town. Neither delivered. Dominoes opened up and delivered. The others started to deliver.

    Now I guess we haven't reached the tipping point, because today -- some 35 years later -- there are about 20 or 30 pizza joints in town and they all deliver (except for one by-the-slice place). Now I'm sure there is a point where if 100 more pizza places opened they wouldn't all thrive and some of them would close ... but I don't think the demand for pizza would lessen.

    So there are about 10 times as many pizza places in town and the city population has grown maybe 25 pecent in that time.

    That's your "macaroni" argument.

    When I was growing up, you got a couple of NFL games on Sunday and then Monday Night Football. Now you get Thursday, three games on Sunday and Monday night ... and more people are watching football and the NFL is thriving more than ever.

    PBC will either fail or it will not, but the idea that adding boxing on free TV and putting more boxing on cable will "kill it" is silly ... because it hasn't exactly been thriving with maybe two or three HBO/Showtime shows per month, Friday Night Fights and the odd cable show here or there. If one applies the reverse of this model to an extreme, you'd get the idea that if they only showed boxing once every year on TV then it would be more popular than ever ... which isn't the case.
     
  11. davidandrei

    davidandrei New Member Full Member

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    i don't like the pbc brand but its here so i will ride out the wave. i see pbc as somewhat of a filler. extra content for hardcores.

    think about if there was no pbc at all but haymon still managing all those fighters. haymon can stack every hbo and showtime card, maximize profits for his clients, have promoters/networks bidding on his best fights.

    it is the pbc brand that drove haymon to decide for his boxers to not fight certain fights or turn down offers, etc hence all the hate for haymon.
     
  12. fatcity

    fatcity Obsessed with Boxing Full Member

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    This is THE POINT.Network tv has NOT invested in this project.Haymon is PAYING for network time and I have noticed little to NO sponser ads on his broadcasts.Tell me how he is making money for himself and his "investors".In addition I would love to know just who these investors are!:deal
     
  13. CST80

    CST80 De Omnibus Dubitandum Staff Member

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    Of course I'm speculating I'm laying out in my opinion the most likely scenario as to how the future months and or years play out in regards to PBC.

    Of course the cards are good as of right now I pointed that out, you can't catch too many fish without a decent lure. But that will waned over the next few months, if the best they can do now is Garcia/Peterson and Truax/Jacobs when Haymon in trying to suck in the big audiences, that's not a promising sign for the future.

    And we haven't seen Garcia/Salka yet but its a month old give it time


    Sure they are now, but give it time, the long term sustainability doesn't look that promising, the more fighters, and the more shows that get put on lower tier channels like Spike and NBCSN, the profits will start thinning out and eventually it won't be as fiscally beneficial to his fighters. But of course like I said this is my theory and you're entitled to yours, its just that mine is the most probable scenario.
     
  14. davidandrei

    davidandrei New Member Full Member

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    yes, but pbc was in the works. he was consolidating power and signing boxers while prepping those boxers to run out their contract, protect their belts/0's, save fights for pbc, etc. haymon was clearly going to be a rival to the promoters and networks. without pbc, haymon is just another cog, albeit very big and influential cog, in the already set system. with pbc, haymon is creating a whole new system that competes with the old and never shall the two meet except when there are purse bids.
     
  15. Badbot

    Badbot I Am An Actual Pro. Full Member

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    And if what Haymon is offering ends up as sub-par entertainment then the networks loose buisness.

    PBC is obviously a long time investment and i personally feel that all it comes down to is content quality in the eyes of those who watch.

    So far Haymon has delivered some good fights but he needs to up his game even more.
    Risk captivizes ones imagination and glues eyes to the TV sets.

    P.S PBC will also be on Radio now :!: