How much do private equity firms know about the business of boxing?
Nothing to worry about. It's not like any private equity firms have ever lost their shirts in the past. When was the last time a hedge fund had problems?
MLB is making more money than ever, thanks to TV contracts...
"The league will see approx. $9 billion in gross revenues for the 2014 calendar year, a new record. Adjustments are still be calculated that could push the league slightly over the threshold with the value being described as “right there” in relation to $9 billion. That figure is up from $8 billion just last year, a staggering increase of 13 percent."
It is actually the internet money that is fueling higher profits because MLB has done the best job of the American leagues of exploiting the internet.
It is a joint venture by all 30 teams and it's value is split across all the teams equally.
It is less and less popular though so if baseball can generate more money while it's overall popularity is falling, then if something actually gains in popularity what exactly do you think will happen?
Nothing to worry about. It's not like any private equity firms have ever lost their shirts in the past. When was the last time a hedge fund had problems?
LMAO
Hedge funds are completely different than private equity
You should really stop posting on this subject. I like you as a poster so don't take it personal but you are clearly lacking business concept knowledge
... Plus they still have ticket sales and in ring sponsors..
...
Yeah, those in ring sponsors bring in tons of money. Tecate is paying a humongous 5 million for the rights to the May-Pac fight. Imagine how much they would offer for a PBC event!!! They could probably get the rights for a few cases of 24.
Just stop. I know you want commercials but try to enjoy fights. Your doritos commercials are coming
I hate Doritos. You seem to be stuck on me wanting commercials for entertainment over the fights. You know that's not my point. So Haymon's going to keep pissing money away, until he gets a tv deal? Few have bought advertising slots, because they don't believe enough people will be watching PBC to offset their costs. But the networks will believe enough in Al to give him a tv deal? You do know that he only raised $100 million plus in venture capital money for this, right? How long can he burn through that before it's gone? If he wants to succeed, he has to put on better cards than he did last Saturday. Beterbiev vs Campillo, Stevenson vs Bika! Casuals were like, "who?"
Hedge funds are completely different than private equity
You should really stop posting on this subject. I like you as a poster so don't take it personal but you are clearly lacking business concept knowledge
You cannot apply basic business concepts to something like boxing. It simply does not apply. Trying to do it is very foolish.
I hate Doritos. You seem to be stuck on me wanting commercials for entertainment over the fights. You know that's not my point. So Haymon's going to keep pissing money away, until he gets a tv deal? Few have bought advertising slots, because they don't believe enough people will be watching PBC to offset their costs. But the networks will believe enough in Al to give him a tv deal? You do know that he only raised $100 million plus in venture capital money for this, right? How long can he burn through that before it's gone? If he wants to succeed, he has to put on better cards than he did last Saturday. Beterbiev vs Campillo, Stevenson vs Bika! Casuals were like, "who?"
He probably burned through a third of his money just buying the TV time. I doubt that $100 Million will be enough to last much more than the first year when everything is taken into consideration. But not to worry, these guys claim that everything will be fine in about a decade or so.
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