What happens when the PBC money runs out?

They have already lost like 50 million , haymon will continue until investors money runs out, giving his fighters high purses and collecting his fees, then when the money runs out he will say oh well what can you do and walk away with between 20-50 million for himself

 

Formula one management that finance Haymon have very deep pockets and won't be bankrupt anytime soon. They are losing money ATM for sure but nothing to bother them. PBC are overpaying their fighters and this is the reason why Haymon stable keeps growing. Once he gets the boxing monopoly he wants, these fighters will start to be underpaid just like in the UFC and then, they will make profits.

 

The party is over and everyone goes home!
Seriously the lawsuits by GBP and TR will play a role in this. Haymon's goal is to sign as many fighters as possible and book all TV slots and arenas and phase out other promoters.
Once that happens he will reverse the flow and ASK TV stations to pay him to broadcast PBC.

At the same time the purses for his **** fighters will go down significantly, who is stupid enough to pay Broner and Wilder 1 mil $ per fight?

Haymon was given 500 $ mil of FREE money, he has another 2 years to create a boxing monopoly. Usually people who shell out that much money expect millions in profit. His backers expect a HUGE return, if they are given him 500 $ mil, they expect at least more than that in return.

 

Someone tell me how PBC is different financially from say... ESPN boxing.

 

Haymon has been in the entertainment business since the 70s. The guy has never done any business without knowing the risk factors. Especially in Hi-Hop music were investor lose out all the time, he managed to have the biggest and most profitable tour with the Cash Money/ Ruff Ryder tour.

He has a good thing going and manny small fighters are getting exposure on different platforms.

 

espn not paying millions for ****ty fights lmfao. what an idiot.

 

id hate to have to be depended on HBO for all of my boxing. I for one believes that PBC succeeds. This is the stage where they find out what works and what doesn't. They'll find their footing. I'm sure they realized that they'll have some early stumbles and budgeted appropriately. Seriously, most startups loose money right out of the gate.

 

Waddell & reed have lost to much money on the PBC venture.They underestimated HBO muscle and there clout in the industry.Haymon thought HBO were going to roll over but the opposite happened.Wonder howz all that working out for haymon now.

 

When we're talking numbers, just remember that doesn't matter if the fights are ****ty, as long as they make up the money. And you call me an idiot? Lol

Post the numbers. I'm not dissing ESPN, but they also put on lower caliber fighters than PBC, if they put former HBO/Showtime "stars" on their cards, they'd be forced to pay them more.

So how much of a difference in their purses per card vs their revenue? Post the numbers. I'll wait...

 

Haymon made a really big strategic mistake when he opted to spend 10's of millions in TV time buys. Some time buys would have been helpful, but if he was smart he would have built a streaming platform and PBC app.

Getting PBC fights and news on XBox dashboards would have been worth far more than taking over and putting a bunch of mediocre fights on FS1, Bounce, Spike and etc.

 

he is not after bettering the sport.

gaymon is cashing out now that froid fraud is almost over.

gaymon will have cut for every penny spent.

more money spent= more cut.

that's mallignant got half a million after getting ragdolled by porter.:deal

 

Same thing that happens to any other business, it goes under??

 

others go belly up?

 

How do you know they are losing Millions ? Do you have access to Haymond books ? Did you hear this from a reliable source ? Or just pulling this out of thin air?

Al I know is this. In first time in a long time, Haymond has been putting shows on free TV and taking care of his clients the Boxer, and boxing fans are still *****ing! You have fighters like Abudusalamov, who done as a fighter, because of the cheap antics of his promoter, and manager. The man will be disable for most of his life.
Ask him if had rather been fighting under Haymon.