Waddell investment down to the last 82M? OUT of (521M)

[mathed]

PBC doe. When all this stuff started and Hymen was stealing fighters from all the other networks building up his stable of well over 200 boxers and many posters were like "I can't wait for him to take over the sport" and all this other stuff, I said "That's a lot of mouths to feed".

And here we are today seeing what paying all these dudes millions when they don't bring in returns will get you. Not saying I told you so but I told you so.

[Pigeons]

But what I dont like about mma is how brock lesner was 1-1 when he became a champ it's pathetic
and its not the same as in boxing like Loma who won two gold medals. Lesnar was a PED user and a wwe clown and he got a shot

Lesnar was a national champion collegiate wrestler. He wasn't some guy that got buff at the gym and conquered UFC. Wrestling ability is huge in the UFC.

[Eff Pandas]

What happened to the PBC releasing their schedule

Wondering this myself.

Good fighters normally get their shot in the UFC. So if they're good enough they can rise quickly. Boxing isn't like that. Talent is move much more slowly. Good fighters are swerved for years.

Definitely. In the UFC they are building names all the time cuz they are matching up equally talented guys with every fight. In the UFC there is about a 18 month-2 year rise to the top on average. In boxing there is a 4 year rise to the top on average. When a UFC prospect loses at a level a guy is still rising up from that fight. When a boxing prospect loses a promoter just lost years of progress & a nice sum of money cuz its likely the guy he lost to isn't of any value to him.

Along this frame of mind I do see the PBC having tough matchmaking for their prospects quite often so they seem to be trying to change the game for those guys, but they definitely aren't doing that often enough for the ranked guys which is some of the criticism they are getting along with the rankings stuff.

Canelo GGG would easily break 1 mill ppvs.

Thats nuts. Even if it does break 1M in Sept. 2016 or May 2017 its not easily doing it. They got their work cut out for them with making this an important fight for casual fans to get involved. GGG did poor numbers with his first PPV. Canelo couldn't break 1M with the #3 biggest PPV guy of this era. I think it'll be a fun fight for however many PPV buys they get doe so they need to make it happen.

Their good fights do decent ratings...but then again, those are high priced fighters in there.

LMFAO at Kimbo vs Dada shattering all their records.. which were previously Kimbo vs gracia.

I guess they need Roy Jones vs Tarver on there

LOL but yea. I think Bellator has probably learned what its learned from boxing truth be told. Old guys have been selling in boxing well beyond the expectations of their competitiveness for a long time. As much as I hate it if boxing is excelling or hurting based on rankings more than entertainment value in fights they need to make RJJ vs Tarver IV & those types of fights.

[Mitchell Kane]

I'm assuming the reddit guy or someone else will look at the financials, but here's this:

Layoffs push job losses at Waddell & Reed to 10 percent as earnings fall again

Waddell & Reed said Tuesday morning that a falling stock market and customer withdraws helped push its first quarter profits down 44 percent. Profits of $37 million equaled 45 cents a share, compared with profits of $67.1 million, or 80 cents a share, a year ago.

The company’s announcement said a lower level of assets under management primarily was responsible for the drop in earnings. Waddell & Reed customers had $95.2 billion in accounts at the end of March, down 9 percent from the start of the year and down 23 percent from the end of March 2015.

Waddell & Reed has seen significant investor withdrawals from its asset strategy and high yield income funds.

[aldo5408]

I'm assuming the reddit guy or someone else will look at the financials, but here's this:

Layoffs push job losses at Waddell & Reed to 10 percent as earnings fall again

Damn Waddell is falling and can't get up

[bballchump11]

I'm assuming the reddit guy or someone else will look at the financials, but here's this:

Layoffs push job losses at Waddell & Reed to 10 percent as earnings fall again

I hope that doesn't effect the PBC too much.

[bigdunny1]

And idiots still think PBC is doing fine and none of this is related to the fact that PBC has dropped it's purses for it's cards and basically took Feb and March off completely from putting out fights and now have let go of all the on air talent for the NBC fights that called PBC last year (ie Al Michaels, Marv Albert, Bob Costas ect) or that almost all their fights are being sent back to Showtime and not airing under the PBC brand. Only a matter of time before PBC folds and goes down as one of the biggest financial disasters or ponzi schemes to steal money from investors.

[bballchump11]

And idiots still think PBC is doing fine and none of this is related to the fact that PBC has dropped it's purses for it's cards and basically took Feb and March off completely from putting out fights and now have let go of all the on air talent for the NBC fights that called PBC last year (ie Al Michaels, Marv Albert, Bob Costas ect) or that almost all their fights are being sent back to Showtime and not airing under the PBC brand. Only a matter of time before PBC folds and goes down as one of the biggest financial disasters or ponzi schemes to steal money from investors.

and idiots think PBC bringing in lower than expected numbers has anything to do with Waddell and Reed laying off employees lol

[bigdunny1]

and idiots think PBC bringing in lower than expected numbers has anything to do with Waddell and Reed laying off employees lol

The ratings have nothing to do with their money problems. The ratings suck and keep falling because casual fans either don't care or don't like the PBC product. But the fact that PBC can't afford to put on the amount of shows they paid for (pre paid Networks big money for the right to air X amount of shows per year) and are going 8 months without a show on ESPN when they announced the series would air monthly. That has to do with money problems which is directly tied to the issues facing Waddell and Reed who is bankrolling this dumpster fire.

[BennyBlanco]

Boxing is getting its ass kicked by the UFC lately. There are no stories and very few significant fights on the horizon. We're hoping and praying that Kovalev-Ward and Canelo-GGG gets put together while the UFC is rolling out #1 vs #2 match-ups for every event.

If the matches get made there's potential for a great last six months of 2016. But the way things are going it's hard to be optimistic.

Jones vs. Saint Preux?
Texeira vs. Evans?
Interim titles?

UFC is hardly #1 vs #2 for every event. That's some Dana White BS. Facts say different.