Originally posted by El-blanco
View Post
Announcement
Collapse
No announcement yet.
Waddell investment down to the last 82M? OUT of (521M)
Collapse
-
Originally posted by bigdunny1 View PostIt's not just the purses but it's the production costs, and too many events. He would of been better off starting with 1 network but he bought air time on too many networks and has to fill and pay for too many shows. They have got crap tv ratings so whatever advertiser money they get is very low because ad time is solely based on ratings you pull for your time slots. They are making no money at the gate for these fights. Attendance has been terrible most of the people who have showed up only did so because they were given free tickets. This what you get when you have 3rd rate promoters who you hire for a flat fee and have no incentive to promote the fight well. They are paid up front if it fails or flops they don't own the fighters and may not get their next fights.
Haymon was arrogant thinking he could just put his big name fighters in mismatches and fans would show up and watch on TV regardless if the fight wasn't promoted well and if the matchups where terrible. That's how you lose almost 600mil in 1 year.
Comment
-
-
Originally posted by Jubei View PostHaymon wasting hundreds of millions and going broke soon. Who didn't see that coming?
Haymon nuthuggers now:
"He only lost 200 million tops doe, he is fine doe"
These guys are some crazy pathetic circlejerks. :bukkake:
Comment
-
Originally posted by Porter's Dad View PostAnyone who doesn't think PBC is going to end in disaster is utterly delusional. It has been doomed for failure from the start because it doesn't have a single fighter in the top 10 p4p, nor will it work with one that is. You cannot shut your eyes and pretend that the whole boxing world that isn't affiliated with Al Haymon doesn't exist.
It has made no inroads into changing the boxing landscape, apart from shutting down a bunch of anticipated fights. It's just going through the motions, making a some good fights and some totally illogical fights. A lot of its fighters are getting oddly good paydays, and Haymon too (basically writing himself a check each time )
Haymon screwed over HBO, screwed over Golden Boy, screwed over Showtime, and will screw over this investment firm. The Emperor has no clothes. He used to have a guy called Mayweather one, who was an amazing talent made on HBO, who fought De La Hoya and Hatton and became huge..and then retired.
All the Haymonites put all their faith in a guy who doesn't even talk, who won't even tell us what his model for success is. Why exactly should we trust this guy? He stunk up HBO, he stunk up Showtime, and he's made a mediocre start to network TV. You guys are so delusional, it's not even funny.
And when it all comes crashing down like it inevitably does, you have to hope that he hasn't permanently *****ed up boxing.
Comment
-
Originally posted by bigdunny1 View PostAnyone with 2 brain cells can see the writing is on the wall for PBC. The amount of shows they have scheduled are at a all time low, the fights they do have contain far less star power then what they had just 6 months ago. Numerous reports that the losses in 2015 are in the hundreds of millions. Reports for almost every PBC event about not being able to sell tickets and being forced to give mass amounts away for free. The TV ratings for every network that pbc has aired on are weak and trending down just compare the ratings in the first half of last year to the second half for that same network. PBC debuted on FOX 33% less ratings then what they debuted on NBC yet idiots want to tell you PBC is growing then why are the ratings going down? The hedge fund is almost out of money. And the two biggest announced pbc fights are no longer pbc brand fights not out of design both sent to showtime to have them pay the fighter purses to try and limit the losses pbc incurs. PBC has been hit with two hundred mil plus lawsuits questioning whether any of this is even legal. Got to hand it to haymon fan boys trying their hardest to spin this as PBC is doing just "fine". LMAO
Comment
-
-
Originally posted by KTFOKING View PostThe lawsuits definitely slowed things down for Haymon, but it ended up working out fine for him. This was the major lawsuit from all the ones he had to deal with.
Comment
-
Comment