Mayweather hasn't lost Showtime one red cent

Discussion in 'World Boxing Forum' started by Black Gatti, May 29, 2014.


  1. Black Gatti

    Black Gatti New Member Full Member

    96
    0
    Jan 23, 2014
    Buys vs. Guerrero:
    This content is protected

    Buys vs. Canelo:
    This content is protected

    Buys vs. Maidana:
    This content is protected

    Total buys:
    This content is protected


    Fans (without any legit source to back up this claim) are speculating that Mayweather needs to sell AT LEAST 1,000,000 PPV buys each outing in order for Showtime to "break even" on it's contract with Mayweather. So, simple math tells us that after three fights Floyd should at least be at 3,000,000 buys total in order for Showtime Boxing to remain profitable/even, correct?

    Well, Floyd has exceeded the mark by
    This content is protected
    buys.

    Let's take that 924,000 number and multiply that by 70. Why 70? PPV is $65 for standard definition and $75 for High-Definition. So, in the interest of fairness, we'll meet in the middle at $70 per buy.

    924,000 excess buys x $70 per buy =
    This content is protected
    .

    That's all from just PPV revenue profit.

    There are other revenue streams, Closed-circuit revenue, foreign rights, sponsorships from Corona, O’Reilly Auto Parts and AT&T, and don't forget the live gate which was $15 million, all add millions more to profit margin for THIS event alone.

    If we take it a step it a step further and factor in the sponsorship revenue, foreign rights revenue, & close-circuit revenue from Mayweather vs. Guerrero and Mayweather vs. Canelo: The One, we're talking about an additional tens of millions of dollars added to Showtime Boxing's profit margin.

    In the end, Showtime's contract with Mayweather is an
    This content is protected
    and the "Mayweather is losing Showtime money" line is nothing but a myth or an erroneous claim purported by short minded haters anxious to dub the Mayweather/Showtime marriage a failure. Determining approximate profitability is far more complicated than simply counting PPV buys on an individualistic per fight basis.
     
  2. Code Red

    Code Red Boxing Junkie Full Member

    8,972
    88
    Aug 20, 2013
    The simple fact they sold 2.2 million with Canelo keeps them in the green for a long time to come. Last time I checked 900,000 is still a good PPV number, nobody losing money off that...
     
  3. hussleman

    hussleman Boxing Junkie Full Member

    7,976
    18
    Jun 14, 2006
    The *******s would never comprend this!
     
  4. Heavy Handed

    Heavy Handed I keep planets in orbit Full Member

    3,461
    12
    Sep 16, 2011
    It's the $32 million per fight that is the big issue. Floyd gets that regardless of how the PPV sells. With all the "sponsorship money" you are referring too, you are also neglecting the cable and satellite providers take of the share at roughly 50%. You also have to factor in the promotional companies cut (another 10-20%) and the purses for the rest of the fighters on the card. When you subtract all those percentages, there hasn't been any sustainable profits over the course of the contract to date.
     
  5. theDUD3

    theDUD3 Active Member Full Member

    897
    0
    Mar 4, 2006
    I can't comprehend what "comprend" is.
     
  6. jbuffett84

    jbuffett84 Active Member Full Member

    1,169
    0
    Nov 24, 2013
    Do you know that cable and satellite take nearly HALF of the PPV proceeds?
     
  7. The Shockmaster

    The Shockmaster SOG has 4 children...he pulls out of nothing banned Full Member

    23,047
    1,067
    Apr 19, 2014
    you are correct for the most part.....in many of the floyd haters have upped the number to 1.5 mil in order to break even...which is ridic

    but when you take the ppv revenue....you basically cut that in half as half goes to the cable providers......

    i dont know that showtime is turning a big profit....or taking a small/slight loss on the guerrero/maidana fights......floyd does get a huge guarantee....and while his other fights that have sold well offered floyd real good upsides....those two havent...and hes prob not seeing much over his guarantee

    all in all...even a slight loss/gain for the guerrero/maidana fights doesnt hurt showtime...its more about having mayweather build their boxing brand for them
     
  8. BlizzyBlizz

    BlizzyBlizz Loyal Member Full Member

    31,293
    3,510
    Jun 25, 2013
    Any sane boxing fan knows this.
     
  9. jbuffett84

    jbuffett84 Active Member Full Member

    1,169
    0
    Nov 24, 2013
    Floyd also claims to make upwards of 70 MILLION a fight after the numbers are in. Unless he's lying, most of the money (no pun intended) is going to one man. Don't forget they are paying for propaganda pieces like All-Access and multimillion dollar undercard fights.

    All I can say in your defense is that without the official documents, we don't know how well SHO is doing. However, it isn't a coincidence that after the Guerrero fight flopped, they streamlined the Canelo fight. Most expected that to be the last fight. Forbes reported SHO lost $15 million, so they needed to recoup some of that with a blockbuster, which they succeeded doing.
     
  10. The Shockmaster

    The Shockmaster SOG has 4 children...he pulls out of nothing banned Full Member

    23,047
    1,067
    Apr 19, 2014
    well you are assuming to know all the costs involved....the site fees....the sponorship money....we do know the live gate and whatnot

    like i said....floyd gets his guarantee...and has upside potential....with the guerrero/maidana fights i doubt hes seeing much, if anything, over the guarantee

    even still i dont think showtime is taking any real loss...if any a slight one...on those two fights.....the canelo fight did pretty well for them.....and it helps having floyds name associated with them so i think its still worth it to them.....i think its unfair to assume showtime is taking some huge losses with those two fights....its more like wishful thinking for some......
     
  11. Kush

    Kush Obsessed with Boxing Full Member

    27,095
    980
    Dec 16, 2007
    People seem to forget this
     
  12. The Shockmaster

    The Shockmaster SOG has 4 children...he pulls out of nothing banned Full Member

    23,047
    1,067
    Apr 19, 2014
    a few people do....but most of us remember that

    thats why i find it crazy that people think the 40 mil offer to manny was so ridiculous and under value for pac

    consider the model was to pay pac 40 mil....and then pay arum step aside money....prob somewhere in the 10,12, 15 mil range....pac would not owe money to arum from his 40 mil cut......

    consider if the fight did 200 mil in ppv revenue...that leaves about 100 mil in ppv rev....so floyd is handing mannys side 50-55 mil which is no chump change.....there are other revenue streams...but also alot of costs ....i think it would been fair for manny to at least come back and say "hey thats not terrible....lets work something out.....like if this fight meets certain revenue goals id like some more money there"...i think that would have been reasonable

    instead that offer gets looked at by pac fans as if it was downright insulting....when it isnt all that terrible....considering manny did say he was willing to take less right?.....manny could have at least tried to work something out...instead he hangs up
     
  13. The Shockmaster

    The Shockmaster SOG has 4 children...he pulls out of nothing banned Full Member

    23,047
    1,067
    Apr 19, 2014
    the other day we had a ******* say "the fight would do 200 mil in ppv revenue at least....floyds going to keep all of that? thats not fair or a good deal"...i mean cmon
     
  14. Bald_Toad

    Bald_Toad Ring Title Full Member

    5,200
    5
    Aug 4, 2011
    comcast and direct tv don't air these fights for free as others pointed out
     
  15. tennis

    tennis Boxing Addict Full Member

    4,231
    5
    May 5, 2013
    Floyd should have just done 60/40 with manny and gave arum step aside money

    I think at. This into even arum would take it

    Floyd, ever the coward did no such thing