Comments Thread For: Golovkin-Jacobs: WBA Denies Request To Modify Purse Bid Split

[casheddie]

One other question?

Say no other promotor shows up and you win the bid super low (Like Ortiz/Ustinov). But you always pay your fighter pretty good. Could u pay your fighter more without having to give the other fighter more than the bid percentage?? Or would the split be of what your fighter is getting paid???

Example.

I win bid with $3 million 75/25 guaranteed split. But I don't want to pay my fighter $2.25 million but instead I want to give then $4 million (Yeah I know ****** and not good business). Could I still pay other fight $750K???

My educated guess: The promoter can make a side deal to pay their own fighter some kind of incentive like with PPV fights. ex: If the viewer count reaches 1.2 mil+ then they get 200k, something like that. I think they can do that

[mapleleaf27]

... tf? Stephen Espinoza has made it publicly known that Showtime is going to be heavily interested in airing the fight, and Barclays Center made the move to make Daniel Jacobs the face of their "Brooklyn Boxing" brand, among other revenues.

Haymon's not going to have his name on the paper, but what is to stop Lou DiBella (after budgeting out everything) to put down a bid that 1)would be more than they believe K2 is willing to bid on the fight and 2)would be below what they can comfortably budget for Golovkin-Jacobs to end up doing on the revenues.

You add that K2 may actually be unwilling to even take the fight if someone else wins the bid (stripping Golovkin of the WBA belt) and things get interesting.

Follow the money; between Showtime paying to air Golovkin-Jacobs, a possible sellout for the fight at Barclays Center, the merch/sponsorship push from BSE, and the potential bidding war for the UK TV rights to the fight, among the other revenues, if you honestly think that the net revenues are going to be below $5m, you're a fool.

To here you tell it, DiBella/Haymon could bid $5.5m (talking to Yvon Michel to see what they could add to the show to increase the Canadian money interest in the fight), a figure that's not beyond what the fight could end up doing, and Golovkin's camp would compel him to vacate his belt; Jacobs ends up having to fight Blanco for the WBA belt (in an admittedly smaller fight), but the stage gets set for Jacobs-Saunders and Jacobs-EubankJr.

There is no Showtime channel in Canada.

[Scipio2009]

Has any promotor ever bid on a major fight without their fighters being involved??? I mean you should get your $$$$ back as long as you don't bid too crazy.The fighters purse is already agreed upon. The only issue would be if your in good standing with HBO??? As I don't see how you could do a bidding war between HBO and Showtime with GGG contractually signed with HBO??

If HBO isn't willing to pay what a promoter is willing to sell the US TV rights to the fight for, Golovkin and his camp have a decision to make. Vacate the belt or sue HBO for blocking their pursuit of fulfilling the obligations of one of his championships.

HBO isn't getting a discount on the fight, for the simple fact that they've signed Golovkin to an exclusive deal.

[Humean]

The WBA made the right decision. Jacobs really isn't in a strong position all things considered but the deal he'll get from K2 is not likely to be small, he needs to take the big payday, get knocked out and then head to 168.

[mapleleaf27]

The Brook fight took 2 minutes to sign, because Team Bull**** were willing to split the pot fairly with Hearn.

Team Bull**** were willing to split the pot fairly with Hearn, because they really wanted to fight Kell Brook.

I highly doubt that Gennady Golovkin will ever be placed in harms way..... he is a fkn pu55y.

GGG is 36-0 with 3 belts and millions earned, while you have posted over 13000 times in 20 months?? and you are the one calling names?? Get a life bro your numbers equate to over 20 posts a day?

[casheddie]

I get your point, but I agree with Pigeons..... Jacobs will likely vacate because Team Businessman will not negotiate in good faith, preferring to screw him at the purse-bid.

As they should, because Jacobs has beaten nobodies all his career and couldn't even get a real belt for his troubles. The man is a Ko waiting to happen and I respect his fearless approach to this fight but he's gonna get KTFO. He wants the medical bill money.

He should call GGG daddy at the press conference or maybe big brother.

[BattlingNelson]

That will kill this fight, unfortunately.

Team Bull**** will not negotiate in good faith..... and Jacobs will not accept 25%..... so, that looks to be about it.

Thanks Team Bull****, for your unwavering contribution to boxing LMAO

Its hardly a surprise for Jacobs that the split is 75/25. They have known it all along and if they werent satisfied, they shouldn't have went for it.

Its a bonafide duck if Jacobs weasels out now. Theres no other way to interpret it. Unless of course, one is as ****** as you.

[All in]

Bidding $4 Mil means Jacobs gets $1 mil. I hope they would've offered him more in negotiations. Going by their previous fights in NY I think this fight will sell out easily. And at a higher ticket price than Lemiuex/GGG and Jacobs/Quillin. Lemiuex had no name recognition in NY. GGG's name carried that fight. Jacobs did 9,000 at Barclays so he has name recognition in NY unlike Lemiuex. I think it's worth almost double the Lemiuex fight ($6 mil at the most). I'm also optimistic about the fight being made. I

I think 6mil is a good guess. Even if the bid goes to 8mil do you think jacobs will accept 2mil ?

[GaryMSchneider]

The GGG trolls will hate this one even though it is a perfectly logical decision by the WBA.

[Scipio2009]

One other question?

Say no other promotor shows up and you win the bid super low (Like Ortiz/Ustinov). But you always pay your fighter pretty good. Could u pay your fighter more without having to give the other fighter more than the bid percentage?? Or would the split be of what your fighter is getting paid???

Example.

I win bid with $3 million 75/25 guaranteed split. But I don't want to pay my fighter $2.25 million but instead I want to give then $4 million (Yeah I know ****** and not good business). Could I still pay other fight $750K???

Golden Boy Promotions got the N'Dam-Lemieux fight for just over $100k, and Lemieux ended up being paid $1m for the fight