Floyd guaranteed 40 million for Ortiz fight

Discussion in 'World Boxing Forum' started by PBFred, Jun 7, 2011.


Page 4 of 4
  1. nipplefloss

    nipplefloss Boxing Addict Full Member

    3,210
    0
    Aug 25, 2006
    Plus live gate, plus advertiser dollars, plus incentives from the venue (likely the MGM) to host the fight there...
     
    nipplefloss, Jun 7, 2011
    nipplefloss, Jun 7, 2011
    #46
  2. UFgators

    UFgators Active Member Full Member

    1,202
    2
    Sep 13, 2008
    Floyd pays GBP just like Pac pays Arum although he gives up a lesser amount. Do you think GBP has been doing all this stuff for Floyd for free?
     
    UFgators, Jun 7, 2011
    UFgators, Jun 7, 2011
    #47
  3. puertorricane

    puertorricane Boxing Junkie Full Member

    9,242
    3
    Jan 25, 2010
    anybody that believes that floyd is getting 40 mill is crazy.. he's not getting anything close to that.. boxing is down plus floyd is not close to the draw DLH was in his prime and even DLH didnt get that amount for tune up fights.. is just a game of throwing numbers out there for publicity

    :hat
     
    puertorricane, Jun 7, 2011
    puertorricane, Jun 7, 2011
    #48
  4. CoDer

    CoDer Boxing Junkie Full Member

    8,914
    0
    Nov 14, 2010
    $40M!!!! That's crazy.
     
    CoDer, Jun 7, 2011
    CoDer, Jun 7, 2011
    #49
  5. osreyes77

    osreyes77 Well-Known Member Full Member

    2,296
    1
    Nov 14, 2010
    They dont. Why use GBP to promote your fights then when you can just do it yourself?
     
    osreyes77, Jun 8, 2011
    osreyes77, Jun 8, 2011
    #50
  6. liger05

    liger05 puroresu fan 4 life!! Full Member

    4,101
    21
    Nov 11, 2008
    Like him or not PBF is smart. No matter who he fights he earns crazy money. The fight will do well on PPV. Mayweather always draws good numbers and I think the casual fan will buy into ortiz and mayweather on 24/7
     
    liger05, Jun 8, 2011
    liger05, Jun 8, 2011
    #51
  7. spud1

    spud1 HAWK TIME!!!! Full Member

    10,667
    3
    May 8, 2010
    Im guessing HBO have stuck by Floyd and put this money upfront, money they would have used both for floyd and pac as they know Manny will not be coming back from showtime.
     
    spud1, Jun 8, 2011
    spud1, Jun 8, 2011
    #52
  8. dangerousity

    dangerousity Obsessed with Boxing Full Member

    20,253
    2,302
    Jan 4, 2005
    He's a harvard graduate lawyer who worked for the US attorney tax department. I have no doubt he knows his in and outs to cheat his way out of some tax.

    40mil sounds right considering Ortiz is probably getting about 10% cut, still much more than he would ever get.
     
    dangerousity, Jun 8, 2011
    dangerousity, Jun 8, 2011
    #53
  9. EJDiaZ

    EJDiaZ Boxing Addict Full Member

    6,213
    422
    Aug 21, 2010
    Floyd Jr. knows the business
     
    EJDiaZ, Jun 8, 2011
    EJDiaZ, Jun 8, 2011
    #54
  10. crimson

    crimson Boxing Addict banned

    5,899
    0
    Dec 8, 2009

    Probably partially true. The likely scenario is that it is a CROSS promotion deal. The pot will likely be 60/40 (or even 65/35 or 70/30).

    It is up to PBF to actually PAY HIMSELF. Ortiz will get his cut from GBP. And IF he has PPV buys (not guarantee as Ortiz is not a PPV draw).

    Of course it also means PBF has a larger COST factor since he will pay a larger promotional fee than a normal fight would. But in the end he would get more money than a typical fighter would.
     
    crimson, Jun 8, 2011
    crimson, Jun 8, 2011
    #55
  11. paulcris

    paulcris Member Full Member

    428
    0
    Jul 27, 2008
    40M seems excessive. Good for FMJ but bad for GBP. Not sure whats the min PPV for this bout to break even.
     
    paulcris, Jun 8, 2011
    paulcris, Jun 8, 2011
    #56
  12. Danny

    Danny Guest

    Guys, imagine what a Peak Tyson would have earned in today's market... :bbb
     
    Danny, Jun 8, 2011
    Danny, Jun 8, 2011
    #57
Page 4 of 4