Can someone explain to me how his contract is supposed to work with hob? How does he get the money he gets paid and doesn't draw at all. I am not saying anything to do with him as a fighter, I just mean, how does it work where he gets paid the amounts he does and not drawing?
Potential, I bet HBO signed Berto simply based on it. (Look up Michael Grant) For every Floyd Mayweather who pay's off, There is a Fransico "Ponchito" Bojado,
HBO seem to do it with a hell of a lot of uninteresting and boring fighters. They should pay on a fight by fight basis imo, not a fighter basis.
His fight with Ortiz was the highest rated fight on HBO since Cotto-Foreman. [url]http://www.sherdog.net/forums/f53/espn-berto-ortiz-1-5-million-live-viewers-most-since-foreman-cotto-2010-a-1639853/[/url]
HBO has an overall budget. i.e. money to spend on boxing programming. Just like the movie division does. The programming is for the subscribers. They are suppose to bring its customers good programming and Berto is a good boxing entertainer just as Pacquiao is except Berto doesn't have the the huge fan numbers to put him on his own PPV. The problem Berto has is that his promoter is crap. They should have brought that Berto vs Ortiz fight to the Vegas venue. It would have sold out a 5,000 seat venue easy. It might have sold a 10,000 seat venue if it had some better promotion investment. My guess is the promoter has gotten lazy because Berto is on a contract with guaranteed money. With that last fight both any promoter could fill a 5,000 seat Vegas venue with either Ortiz or Berto and divide a $1.5 million purse. A rematch between Berto and Ortiz if done right could sell out the MGM grand and be a PPV card.
IIRC they also have Dawson, Bradley and Alexander, in fact they promised the loser of Alexander v Bradley a $1,000,000 payday next time they fought. All 3 (4 including Berto) are good fighters but they were horribly over paid.
Andre Berto is manged by a man named Al Hayom who also happens to mange Floyd Mayweather, Chris Arreola, and Paul Williams all fighters that have been made and created on HBO similar to Mike Tyson and Ray Leonard. Haymon, has a lot of pull and clout at the the network and a lot of his fighters get paid top notch dollar even if their not facing top notch opposition. What HBO did was sign him to a number of fights on the network like lets say the promise him three HBO dates a year and then they pay him X-amount of money per fight. How dose he make so much money when he isn't a draw, well, when a promoter can get a Casino to buy the fight and promote it he gets paid a gate fee and after that he doesn't have to do much because the Casino sells the fight instead. Thats why Berto isn't much of a draw because he's been spoiled fighting on HBO and in Casino versus someone on the local circuit that has to build a fan base.
A lot of those HBO fighters are Al Haymon fighters, oddly Paul Mango did an article slagging off the mainstream boxing media for being harsh on Haymon, Haymon and his fighters sadly do little to get fans behind them...
