Are fights where boxers have two different promoters co-promotions?

Promoters will negotiate with each other to see who gets the right to stage the fight. If an agreement can’t be made by a certain date, there will be a purse bid and then any promoter can throw their name into the hat to win the rights to promote the fight.

Loma(Top Rank) vs Linares(Golden Boy). Top Rank promoted that fight

 

De La Hoya vs Chavez I and II and De La Hoya-Trinidad are two of the best known examples of when Bob Arum and Don King came together to make the world ...or, I mean.....their bank accounts, better.

 

How well do purse bids do for the outside party in bringing them profit? Can they dictate their purses too?

Always wondered because usually just before the bid is over the main promotion swoops back in and takes over & agrees to stage the fight.

 

If the 3rd party promoter sees value in a fight, he will put his bid in. Let’s say Promoter 3 bids 100k for a fight, and wins, that means that the fighters will get 100k between them depending on how they’re splitting it.

The fighters respective promoters get their cut from their fighters purse, and the 3rd party promoter now has to promote this fight to generate as much interest in this fight to recoup his money plus some profit. If he were to make 150k from ticket sales, he recovered the money for paying the fighters purses(100k) and he made 50k in the process.

Now obviously it’s not that simple, so many people involved in a fight event, other people to pay, the venue to rent, etc.

But more or less that’s how it goes, I think. Hopefully someone can correct me if I’m wrong.

 

Here’s an example of a 3rd party promoter winning.

https://www.espn.com/boxing/story/_...exander-povetkin-fight-fetches-233m-purse-bid

 

Great explanation, this is also why the Promoter usually comes back into the picture & promotes the fight in order to please his/or fighters as it could cause conflict in the long run with both parties,

Wasn't the Crawford/Porter fight solely promoted by Top Rank also as i don't remember PBC getting involved in any of the build ups/shows or them even appearing at the pressers, i could be wrong.

 

Yeah, looks like Top Rank was in charge of that one. That’s why it aired on espn and not showtime or fox.