(Video) Mini Rant on the PPV Price for Floyd Mayweather vs Manny Pacquiao

Discussion in 'World Boxing Forum' started by Rumsfeld, Feb 28, 2015.


  1. Rumsfeld

    Rumsfeld Moderator Staff Member

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    I couldn't agree more.
     
  2. alexthegreatmc

    alexthegreatmc Sound logic and reason. You're welcome! Full Member

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    $100 too much? Depends on what I'm buying.
     
  3. markq

    markq Obsessed with Boxing Full Member

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    $100 isn't that much. Less than 2 hours of work.
     
  4. Rumsfeld

    Rumsfeld Moderator Staff Member

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    By that logic, $200 isn't that much. Less than 4 hours of work.

    :smoke
     
  5. larryx2012

    larryx2012 I AM BETTER THEN YOU Full Member

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    :good
     
  6. Xelloss

    Xelloss Boxing Junkie Full Member

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    What boxing really needs is a solid streaming service. A way to "cut the cable". The reason PPVs get so insane is because of the last mile carriers - if the fighter/promoters want to make an extra 10$, they have to charge an extra 20$ on the PPV because approx half goes to the carrier.

    ie: Amazon or someone needs to start doing live events. This is feasible now since most households have a Roku or Appletv or Xbox/PS hooked up anyhow.

    That being said I will be buying the fight. I will also be inviting whomever over, admission price of one drink.
     
  7. JV28

    JV28 Active Member Full Member

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    My Filipino friend in the Philippines only pays less than $10 USD to watch Pacquiao fights live in the movie theater. I doubt that price would change drastically. Damn lucky pinoys....
     
  8. Rumsfeld

    Rumsfeld Moderator Staff Member

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    :good

    Good point. In practical terms, there is no real reason why something like that couldn't/shouldn't happen in the foreseeable future. But professional boxing, corrupt to its core, makes me think there might be too many political hurdles to overcome for something like that to come into play.
     
  9. Hammer Hands

    Hammer Hands Active Member Full Member

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    I think the $100.00 is justified. It is such an event, and the price tag is part of that. A lot of people are attracted to, or interested in high priced things and this will create a buzz that the casuals will hear about. (And do what Rumsfeld is saying and throw or join a party but, parties are good for sports)

    Most people will want to watch this fight with as many friends as possible just for the atmosphere, and they will see it as getting to watch a big $100PPV for $10 or $20 bucks. People love a good bargain, a $100 PPV means they can feel special for saving $80-$90 bucks!

    People say PPV kills boxing but I disagree. If boxing were on prime time T.V. today, it would be 1 minute of fighting and three minutes of commercials just like the NFL!

    When the highest paid athlete in the world is a boxer - then you can't say boxing is dead. When something creates $300 million dollars, you can bet there are people who will take good care of that golden goose and ensure the sport is promoted and fostered to keep producing that coin.

    I myself have not yet gotten excited about this fight, I used to buy every Floyd PPV hoping to see him get beat, over time I started to respect the guys skills, and now he is at the age where I would almost hate to see him lose because his age caught up with him. I like PAC, but I kind of worry about him getting the KTFO6 treatment. Nevertheless, I'll be watching this with a bunch of casuals and hoping casuals around the world get really entertained. Rooting for both guys in this one.

    But, I doubt this show can top the Seahawks choking on the 1yd line - that was the most glorious sporting moment in my lifetime :)
     
  10. TinFoilHat

    TinFoilHat Boxing Addict Full Member

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    I think they did marketing research and found results similar to this:

    Price @ $80 = 3.6 million buys = 288 million PPV revenue
    Price @ $100 = 3 million buys = 300 million PPV revenue <== Best Option
    Price @ $120 = 2.3 million buys = 276 million PPV revenue

    So they probably did calls/surveys that indicated that they could make the most money charging this amount for the PPV. NOTE: THESE ARE BY NO MEANS REAL NUMBERS. I was just using an example that shows how charging less, although resulting in more buyers, may not have made them more money.

    However, I agree with what you said about this being "the fight that will save boxing".

    I think if they did a lower pricing option, boxing would gain MANY more fans. This would result in more PPV buys in the future. Unfortunately many businesses focus on the NOW. And not the good of the sport of boxing.
     
  11. Rumsfeld

    Rumsfeld Moderator Staff Member

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    A couple of quick things:

    1. They certainly think the $100 is justified. I still think it's steep, and part of me hopes the powers that be get hosed on this fight because I think it's nothing more than a cash grab that disrespects the paying fans.

    2. Agreed. The goal is to watch with as many friends as possible. As an east coaster, I hope they don't start this thing at 1am. That makes such things trickier, especially when you start drinking at noon for the Derby.

    3. Solid point on boxing having the highest paid athlete, but beyond the top handful of big draws, the money certainly doesn't seem to trickle down to most professionals the way it does in other professional sports.

    4. That Seahawks move was a disgrace, and I had blocked it from my mind until you just reminded me! :lol::good
     
  12. Rumsfeld

    Rumsfeld Moderator Staff Member

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    You may very well be correct. Perhaps that is what they did, and I really don't know the numbers/considerations/variables that go into these things so I can't make an informed opinion. Even still, I have an opinion, and I'm more inclined to be that the people setting the prices aren't as well informed of those things as they ought to be either.

    I have considered the supply/demand side like you illustrated, but my guess (and nothing more) is that the ideal price to maximize profits falls below $100, and in reality may even be lower than the $75 we've grown accustomed to in recent years.

    But I don't really know.

    What I do know, is I have already heard some grumblings from friends who, until maybe last year, usually buy big fights (ie - Pac, Floyd) 1 or 2 times a year. These same people hate the fact they pay money and the fights come on super late on the east coast. I know a lot of people who want to watch, are probably going to wind up waiting until a replay the following week.

    I'm interested in seeing how this sells. I don't think it will do the 3 million so many are predicting, but WTF do I know?

    :smoke
     
  13. Farmboxer

    Farmboxer VIP Member Full Member

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    I predicted a long time ago that PPV would be around $100. They are rich and are robbing the fans................who are not rich..............
     
  14. Rumsfeld

    Rumsfeld Moderator Staff Member

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    Farmy, I actually remember you predicting the $100 PPV... maybe as far back as DLH-Floyd.
     
  15. Hammer Hands

    Hammer Hands Active Member Full Member

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    Rumsfeld, good points but something you said really concerns me:

    Why would anyone wait all the way until noon to start drinking??

    Where I'm from you wouldn't get away with wasting half your day like that!