Canelo/Cotto has to reach 1 mill buys to make profit

Discussion in 'World Boxing Forum' started by abuffy, Nov 15, 2015.


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  1. abuffy

    abuffy Boxing Junkie Full Member

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    Here's a critical thinking question which explains the GGG and Canelo/Cotto situation in simpler fashion.

    There are two groups of people who are running a business.

    The first group is two kids running a lemonade stand. They go out and buy what the need. Some sugar, which is 2$, a gallon of water, which is 3$, and lemons which costs 5$. So, in total, they spent 10$.

    The second group is another two kids running a lemonade stand. They go out and buy what the need too; however, they want to make the best lemonade possible so they get the best ingredients they can find. They buy sugar imported from Mexico, which is 10$, 5 bottles of Fiji of water, which is 15$, organic lemons which costs 10$, and a lemon squeezer which cost 25$. So, in total, they spent 50$.

    The kids in the first lemonade stand set their stand up on a sidewalk. They sold each glass for 75 cents. 15 people stopped by and bought their lemonade. At the end of the day, they counted up all the coins. They saw they made 11.75 dollars.

    The second group set up their stand outside a conference center during a busy fundraising event. They sold their cups for 85 cents. 25 more people came buy and bought these kids' lemonade compared to the other kids. At the end of the day, they counted their coins and saw they made 34$, 22.25 more dollars than the other stand.

    Which stand was more successful?

    The stand who made 11.75$ and spent 10$ for ingredients
    Or
    The stand who made 34$ and spent 50$ for ingredients

    The answer is lemonade stand A, the first one. Though they made less money, they actually walked away richer because they made 1$ more than they spent. The second lemonade stand got 34$ selling their lemonade but they lost 16$ in profit because they couldn't cover the cost of their 50$ ingredients.

    Same with the two fights. GGG's fight is lemonade stand A, and Cotto/Canelo is lemonade stand B. Though 700,000 buys from Canelo/Cotto may seem like a success on paper- much more than GGG/Lemieux's 150,000- it's actually a failure because they spent more money on the fighters cards (ingredients) than they made from PPV buys (lemonade sold).

    Hopefully this enlightens some folk.
     
    abuffy, Nov 15, 2015
    abuffy, Nov 15, 2015
    #61
  2. Doc Everlast

    Doc Everlast Boxing Junkie Full Member

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    Great post!
     
    Doc Everlast, Nov 15, 2015
    Doc Everlast, Nov 15, 2015
    #62
  3. OvidsExile

    OvidsExile At a minimum, a huckleberry over your persimmon. Full Member

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    I don't think it can reach 1 million. Are Cotto and Canelo even that big of draws? I'd think they'd be happy with 500-750k. But maybe I'm underestimating the Mexican audience which historically buys a lot of pay per views and underestimating the Puerto Rican rivalry. I'm not sure why that's a thing. Do Mexicans and Puerto Ricans hate each other? Like did they have a war I don't know about?
     
    OvidsExile, Nov 15, 2015
    OvidsExile, Nov 15, 2015
    #63
  4. drenlou

    drenlou VIP Member

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    OP is doing a good job at not hiding her agenda, at least!
     
    drenlou, Nov 16, 2015
    drenlou, Nov 16, 2015
    #64
  5. moparfan

    moparfan ESB's glass jawed fraud Full Member

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    At $59.99 price tag, a million buys is not out of the question...!!!
     
    moparfan, Nov 16, 2015
    moparfan, Nov 16, 2015
    #65
  6. drenlou

    drenlou VIP Member

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    I know what abuffy is doing, Shes so transparent its not even funny. Shes hoping this fight does less then 1 million buys that way she could say that the fight was a failure and they lost money, even though it had 900k in ppv buys, and that GGGs 150k buys was more successful and more profitable and based off that, it will make GGG the A side in negotiations for GGG vs the winner.:deal
     
    drenlou, Nov 16, 2015
    drenlou, Nov 16, 2015
    #66
  7. ellerbe

    ellerbe Loyal Member Full Member

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    This literally might be the dumbest post I've ever read.
    Do the math yourself, Cotto gets 10m+20% of PPV rev, and Canelo makes 6.5m. If they sell 700k they're clearly going to make profit, and more than GGG/Lemieux made. Did you fail 1st grade math or something?
    You claim GGG/Lemieux purse was like what 8m total but others are saying the purse was only 4m so let's calculate it with a 4m purse. The PPV did 150k*30 which is 4.5m. The gate did 2m+let's say 500k merch. That's 7.5m. That's a 3.5m profit.
    Cotto/Canelo if they do 700k*35=24.5m. Cotto makes 20% of that which rounds up to 5m+10m guaranteed. Add 6.5m and that's 21.5m on purses. Now let's say the other purses are around 500k, that's 22m, on purses 2.5m profit without gate+merch. Let's say they do HALF of what Lemieux/GGG did on merch+gate, that's 1.25m which amounts to 3.75m.

    Instead of doing your bull**** 1st grade lemonade nonsense try doing actual math.
     
    ellerbe, Nov 16, 2015
    ellerbe, Nov 16, 2015
    #67
  8. ellerbe

    ellerbe Loyal Member Full Member

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    59 sd though right? honestly I doubt it's making past a mill probably 700k-1m is my estimate.
     
    ellerbe, Nov 16, 2015
    ellerbe, Nov 16, 2015
    #68
  9. ellerbe

    ellerbe Loyal Member Full Member

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    Haha the A side that gets a 2m purse :lol: less than Ward makes on free tv LOL.
     
    ellerbe, Nov 16, 2015
    ellerbe, Nov 16, 2015
    #69
  10. CST80

    CST80 De Omnibus Dubitandum Staff Member

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    I just got my Cable bill a few days ago, it was $257:shock: Next Month it'll be $267:patsch
     
    CST80, Nov 16, 2015
    CST80, Nov 16, 2015
    #70
  11. ellerbe

    ellerbe Loyal Member Full Member

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    Free PPV here :happy but they dont show all the undercards.
     
    ellerbe, Nov 16, 2015
    ellerbe, Nov 16, 2015
    #71
  12. CST80

    CST80 De Omnibus Dubitandum Staff Member

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    I'd pay $59 just for Miura-Vargas:deal
     
    CST80, Nov 16, 2015
    CST80, Nov 16, 2015
    #72
  13. ellerbe

    ellerbe Loyal Member Full Member

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    It's definitely going to be on for us over here since Miura is Japanese, when we're lucky we get 3 fights, they always show loma over here, so for Floyd/Pac we got Santa Cruz/whatever bum he fought, Lomachenko/Rodriguez, but for GGG/Lemieux we only got Gonzalez/Viloria, and Floyd/Berto we got Groves/Jack.
     
    ellerbe, Nov 16, 2015
    ellerbe, Nov 16, 2015
    #73
  14. CST80

    CST80 De Omnibus Dubitandum Staff Member

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    They'll probably give you Rigo-Francisco as well, I'm not sure which of the other fights will be on the PPV Velez Vs Rios or Caballero Vs Haskins, I'm hoping for the latter, because neither of the former are really worthy.
     
    CST80, Nov 16, 2015
    CST80, Nov 16, 2015
    #74
  15. ellerbe

    ellerbe Loyal Member Full Member

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    Maybe Rigo was on tv over here last year for new years eve. I remember them hyping him up like a mofo, talking about how he's the best boxer right now, they had like a caption on the top right saying that Amagasa had like a 1/1000000 chance of winning lol, but that was on a completely different channel so idk. They even did a little all access, apparently Amagasa is a high school drop out who used to fight random people on the "streets" of Japan :lol: and started boxing at like 16/17 :lol:.

    They're not giving us velez vs rios or caballero vs haskins forsure. They only put on big names.
     
    ellerbe, Nov 16, 2015
    ellerbe, Nov 16, 2015
    #75
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