Al Haymon plummet $434 million in a single year?

[daggum]

al haymon was sent from the ufc to destroy boxing and it looks like he succeeded. everything he did made no sense.

[casheddie]

looking at the way he paid fighters, it makes sense. They were getting bank for low level opposition.

Plus this whole Showtime/PBC vs HBO thing feels like WWE (Raw vs Smackdown) and less like the competitive scene in the UFC for example.

It can't work if fighters want to cruise through their careers especially when it pisses me off like with Danny Garcia and Thurman, guys who are titleholders but don't want to unify or fight the top 5.

[koolttt]

Haymon being this suppose genius he sure did go on a spending spree and it seems like without a clear plan to success.

And the fact that he bought up time from different networks made people confused. They should of stuck to 1 network.

Also what was the purpose of purchasing 3 private planes? Such wasteful spending they did.

Something tells me other things were being done behind the scenes.

[brettWall]

There's got to be a spectacular ending to this. Boxing can be huge when it wants to be huge. It's just mind-boggling to many why Haymon can't make the fights people want to see.

[Sugar Adam Ali]

When Pbc was first announced I had very high hopes. It's a great idea, and boxing was sorely in need of some change and evolution..

The problem with PBC has been the inconsistent schedule..

You are never going to build an audience when your TV schedule is all over the place. If they were going to do all these time-buys they should have focused on one network like spikeTV and bought every Saturday night for the next 2 years.. SpikeTV has a big presence in combat sports, their Friday nights are filled with bellator and kickboxing, would have been a great leadin to capture casual fight fans for Saturday..

They spent all this money, but have nothing to show for it,, they didn't even need to show profit, just growth. Growth is key in private equity. But they have had literally no growth. Guys like thurman, danny, wilder, stevenson, etc are in the exact same place as they were when pbc first started..

Pbc has other issues as well, but their main problem is TV schedule and lack of growing an audience

[lizard_man]

what i don't get is how Al Haymon ended up with 90% of the Golden Boy stable but didn't get Canelo. imagine if Canelo was on PBC. The ratings would have been through the roof. But on second thought, Al doesn't seem to have good match makers. Canelo would have 2 Ls on his record if he was with haymon. He either puts them in with overmatched bums that have no reason to be in the same ring with the stars or he puts them in with some good fighters that bring no reward. Look what haymon did with Chavez lol.

[The Akbar One]

[New England]

Tim Bradley fighting Pac 3 times is symptom of promoters dividing the market and signing their fighters to different networks. It led to Pac having a limited number of fighters to choose from and he ended up fighting Bradley. Nothing to do with a monopoly. The opposite actually.

The key thing that an UFC type org could do for boxing is give it structure, Make rankings that make sense. Have a singular title. This makes the sport far more appealing to fans, and it makes it easier to attract new fans.

It would also mean that the company would have a vested interest in marketing the sport as a whole, rather than marketing individual fighters or fights all the time. Literally no one cares about boxing's wellbieng right now because no one needs too. As long as they can keep filling their pockets with short term profits they dgaf if boxings popularity as whole is collapsing beneath them.

Also you talk about accountability, where is the accountability now? BJ Flores was ranked no where near the top 15 when Bellew won his title recently, then out of no where he gets bumped up by the WBC to provide Bellew with soft touch first defence. Where is the accountability in the current 'system'? It's chaos.

A single org/company would have a lot more eyes on it, a lot more people judging its rankings, a lot more people looking at who gets bumped to mandatory position. No doubt there will still be corruption, but it would be more difficult to get away with, and they would have a brand to protect.

how on earth does a company without competition get held to a greater level of accountability?


you clearly don't understand how this works. it's very basic stuff, so let's break it down even further.


product A is the only product in the market:
you have to buy product A. you'd have to buy pacquiao - bradley 5000 if bob arum made it. your choices are between product A, and no product at all.


product A has competition:
you can buy products B, C, and D if product A is too expensive, is of poor quality, etc. if bob arum makes bradley - pacquiao 4 you can buy skip it and watch thurman vs porter.

[New England]

what i don't get is how Al Haymon ended up with 90% of the Golden Boy stable but didn't get Canelo. imagine if Canelo was on PBC. The ratings would have been through the roof. But on second thought, Al doesn't seem to have good match makers. Canelo would have 2 Ls on his record if he was with haymon. He either puts them in with overmatched bums that have no reason to be in the same ring with the stars or he puts them in with some good fighters that bring no reward. Look what haymon did with Chavez lol.

canelo isn't fighting on regular HBO because of his pricetag. how's PBC going to afford to pay him? can you imagine the kind of bums they'd need to match him with to keep the purses low?

[Tom Cruise]

how on earth does a company without competition get held to a greater level of accountability?


you clearly don't understand how this works. it's very basic stuff, so let's break it down even further.


product A is the only product in the market:
you have to buy product A. you'd have to buy pacquiao - bradley 5000 if bob arum made it. your choices are between product A, and no product at all.


product A has competition:
you can buy products B, C, and D if product A is too expensive, is of poor quality, etc. if bob arum makes bradley - pacquiao 4 you can buy skip it and watch thurman vs porter.

Lets try a new scenario.

You have two top quality fighters, lets call them A and B.

You have two decent fighters, lets say, C and D.

A and C are signed to one promoter who have an exclusive deal with one network. B and D are signed to another who have an exclusive deal with another network.

Naturally, the only fights available are A vs C and B vs D. Two ok fights. Maybe keep rematching because of a lack of options (like Pac and Bradley did)

Under one promoter you could make A vs B and C vs D. Or you could make A vs C and B vs D and have the winners fight.

Which scenario sounds better for you?