Its all about rating brah. Basic math brah. In case you didn't invit know, Al isn't a nice guy trying to save boxing or protect fighters...if you thun believe that I'm also selling a bridge in Brooklyn...I'll give you the Haymon deal!
dumb ****. expenses: time buys, purses, production costs, all into millions. revenues: gates (tickets being given free lmfao), commercials /sponsors (you see any?). my **** is free, wanna eat it? tell the shareholders gaymon is spending money on **** for free.:deal
financial reports show the haymon has blown 1/3rd of the 425 mil already. i think after next quarters revealings...i think waddell and reed may pull the plug. kevin iole had a good article on this on yahoo. i personally think pbc is sorta done. what they will do is cut losses and sell off everything.
The same thing that happens when the money runs out at any business. It closes down and its employees go to new places
So what you're saying is that you're a promoter and TV executive and we can quote you because you know what you're talking about right?! atsch Haymon is an amateur compared to you, right ?
waddell and reed financial statements. i suggest you read the kevin iole article. waddell and reed arn't doing so hot and people are withdrawing money out of their accounts. unreleated to pbc. the last thing w/r need is an investment thats losing hand over fist at this moment. the way its constructed, the losses they incur may take 5-6-7 yeaers to get back. the loss leader just isn't worth it. if there is a precedent for this i would say look at elitexc, affliction, and to a smaller degree strikeforce in mma world. I anticipate them pulling the plug on this thing soon. nothing personal against pbc. my honest guess is it won't last till march of next year.