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Comments Thread For: MGM Fiasco Increases The Top Rank/Golden Boy Tension
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Originally posted by chibox123 View PostI've heard alot of the guys who have "sources " in this situation say frankly that Floyd gets paid, haymon gets paid. Gbp doesn't, and showtime won't if floyd gets matched with guys like the ghost. But who fn knows. Getting and 80 million dollar payday against guerrero can't benefit 2 many
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Originally posted by f4314n68 View PostGBP doesn't get paid but the fighter who they pay and his manager do? Hmm doesn't really make any sense
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Originally posted by f4314n68 View PostGBP doesn't get paid but the fighter who they pay and his manager do? Hmm doesn't really make any sense
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Originally posted by radioraheem View PostGolden Boy gets paid a fee, that's it. They don't take part in all the profits and revenue surround his fights, whether it be the soda, popcorn, tickets, PPV, etc. But if the fight takes a loss, Golden Boy also loses nothing.
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Originally posted by ATrillionaire View PostI hope you realize that Floyd pays for all the things you mentioned out of his pocket. All Showtime is doing is guaranteeing that he doesn't see a lost on his investment. So, if (and he always does) Floyd makes more than his guarantee of $33mil, that means the promotion turned a profit. It's economics 101. Your guarantee is what you get if there is a lost or break-even.
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Cant we all just get along...cotto vs mosely,pavlik vs hopkins, pacquaio vs barerra 2, were all big fights co-promoted by both toprank and gbp....now everything between the 2 companies revolves around the mayweather vs pacquaio fight, where no one wants to be on the b side,which is what all this crap is about....if pac or mayweather retire i believe toprank and gbp will start to co promote again....imo
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Originally posted by theboxingguru View PostHow can they sue if the PPV numbers are low? Those people are at home and never saw the signage..
Might not be the case, but it's a reason to take them to court.
Arum said they had a contract with the MGM to display their stuff for the fight
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