Benavides vs Morrell will bomb at the box office. Little Al is done finished plus I heard he's very ill.
That's fantastic but let's talk about the decline from 50 plus shows to the odd Amazon Prime slot and why they ended up where they are today
They had severe issues way before that, but it´s still a valid point. In the end, PBC only produced two PPV attractions: Spence, and Davis. All that money, a decade of work and that´s all they got to show for it.
Here's what happened. Floyd Mayweather was selling 3 million to 5 million $100 PPVs. Al Haymon had been his advisor. Helped him change the game when it came to money-payouts. Al Haymon got a bunch of hedge fund investors to invest in boxing. His pitch was 'I did it with Mayweather, I can do it again.' The goal was to sign up as many young fighters and young champions as possible, corner the market if you will, put them on national television in the US so a large number of people become familiar with them, and find the next generation of stars who could eventually sell 3 million to 5 million $100 PPVs. If they found a one, two or three guys who could do that ... literally billions of dollars would flow in. It was a gamble. That's what investments basically are. You don't get your money back if an investment fails. And PBC was successful finding a lot of young fighters who were entertaining and developed into solid draws. But nobody became the next PPV darling that Mayweather had been. That's the rough outline. Along the way, there was COVID, there were upsets, there were high speed car crashes, and illegal streaming syphoned off millions in lost profits. But, essentially, they couldn't find the next Floyd Mayweather. NOBODY has. And when the money dried up, they began to focus on the few stars (like Tank Davis) who could generate cash and now focus on making those big events. Turki is doing the same. He's trying to corner the market. Overpay. But he's not nearly as prolific making fight cards. He's only put on five boxing shows himself this year. And he's experiencing the same disappointment others who have tried this have felt. He wanted to make Joshua-Wilder, and Joshua and Wilder BOTH lost. Fury was his favorite, and Fury lost, too. Just because you have money and a plan doesn't mean the fighters will all WIN and all the plans you had for future fights will pan out. It's not a sports league where you can schedule all the fights you want to make ahead of time. And, it's a global sport. There are simply TOO MANY PLAYERS for one man or org or group to control. One entity can't keep everyone busy. Soon, Turki's going to be stuck with a bunch of Martin Bakoles and Agit Kabayels ... and he's going to lose interest. He's just a fan with a big bankroll. He isn't doing anything others over the last century haven't tried to do. Boxing isn't a league. It's just too damn big with too many fighters to control the whole thing. That's why it's historically remained wide open. That's why PBC is where it is today.
Not quite Your fairly biased towards American outfits and that's OK There's a ton of mispractised business by PBC over the years that damaged that brand It's not just a case of they rolled the dice and it didn't work as you imply The whole cult like mentalitity they and their fan boys had/have is down right scary Saudi have delivered probably better cards top to bottom on a year than Uncle Al ever has
Thanks for that explanation.... Let me ask you. Would you say that Al Hayman deserves the criticism he receives for supposedly stealing Golden Boy's talent???
PBC was always more interested in overpaying their fighters so that they could pay him his percentage for advisory services. Keeping his fighters undefeated was the safest way to justify ridiculous purses to his fighters. That's one of the main reasons they rarely allowed fighters to fight out of network or fight as B sides, unless it was to a proven draw who can generate enough money to ensure the PBC fighter got a good payday. Al Haymon was never about helping his fighters create legacies, he was more concerned about using his fighters for his own personal financial gain. That was proven in the very sad story when Haymon ruined Peter Quillin's career.
Without a doubt. And Al did Nothing but overpay for subpar fights. Al was a terrible conman, honestly
@Dubblechin I agree with most of what you wrote but would add that Haymon's refusal to deal with HBO and then in bad faith with Showtime doomed all of PBC, HBO & Showtime. Without an American broadcaster to promote boxing *generally*, the number of people interested in PBC fights declined across the board and there were fewer spots available to show them. Haymon's biggest mistake was to go independent & promote his own brand instead of working with HBO to allow them to promote it for him and to feed his fighters. By contrast, Top Rank always has understood the value of a broadcast partner even if Arum fumed about it from time to time. But as Arum has aged out, TR can't really support a boxing program, either. ESPN will be the next to bow out. The TR deal expires in August 2025, and from media reports it doesn't sound like ESPN is interested in remaining committed. They are going to go all-in on MMA. Story from this month: And DuBoef said that ESPN isn’t necessarily going to follow HBO and Showtime and stop showing boxing as a whole. “We’re actually having conversations with ESPN as well,” he said. “We’ve had a great relationship with them. What it looks like after we go out into the marketplace and start talking to them and talking to the other players, we’ll see if there’s a place for them in our content stack. Obviously the guys there have been longtime relationships [...] so I really value them.”
Haymon made him vacate his title, as a result he was going to miss out on his biggest pay day 5 fold at 1.5 million with Haymon promising him that he would make more money if he vacated. His woman had just given birth to his first child. After vacating Quillin never made not even six figures again.
That sucks....... I wonder if Haymon made him vacate his title so another one of his fighters could fight for that title...
Haymon thought the fans were stupid turns out he was. All he had to do with such an incredible stable is make the match ups the fans want, instead the PBC model was built on trying to con the fans into thinking that Charlos, Spence, Wilder, Davis etc were Floyd Mayweather 2.0 - just because they were protected undefeated fighters. Public had enough of the shitty match ups. The Damage Floyd, Haymon & co have done to boxing is incredible.