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Eddie Hearn's Big Dilemma

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    #31
    Originally posted by WBC WBA IBF View Post
    But he doesn't actually have a billion. It's a billion over 8 years, but only 2 years are guaranteed and the earlier years pay way less than the later years.

    Haymon is actually the one that was legit given a billion dollars. So he can match anything Hearn offers without a problem.
    But even Haymon wasn't given a billion dollars and who knows how much he has left. In 2016, Thomas Hauser said he had at least 135 million remaining I believe. Since then though? Who knows? Maybe that 135 million he is using or has used to give his fighters side checks aside from their purse amount. He did make 50-75 million off the Mayweather/McGregor fight and that has to factored in.

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      #32
      Originally posted by KTFOKING View Post
      But even Haymon wasn't given a billion dollars
      Okay fine, he was given $925 million. Essentially a billion.


      and who knows how much he has left.
      Nobody knows. Especially not Thomas Hauser. But clearly he has enough left that nobody that matters leaves him. Jacobs left because Jacobs was stuck in a division Haymon had no control over. All the big fights in Jacobs division were on HBO. So Jacobs asked to go to HBO and Haymon said no problem. Khan left because he wasn't good enough to beat the top welterweights, so the best move was to go back to being a UK fighter where low level fights would generate a lot more money for him.

      But all the guys that matter? The 147 and 154 monopoly Haymon has built? Wilder? Those guys are fiercely loyal.

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        #33
        Originally posted by WBC WBA IBF View Post
        But he doesn't actually have a billion. It's a billion over 8 years, but only 2 years are guaranteed and the earlier years pay way less than the later years.

        Haymon is actually the one that was legit given a billion dollars. So he can match anything Hearn offers without a problem.
        Does that money even exist anymore? Thought there was a court case coming up. Now he solely relies on Showtime money?

        Haymon failed with his "billion", if hed been moderately successful DAZN would have come to him with another billion offer. Living off past successes. Instead went with the guy who's been hugely successful in his market and asked him to replicate it.

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          #34
          Originally posted by WBC WBA IBF View Post
          Okay fine, he was given $925 million. Essentially a billion.




          Nobody knows. Especially not Thomas Hauser. But clearly he has enough left that nobody that matters leaves him. Jacobs left because Jacobs was stuck in a division Haymon had no control over. All the big fights in Jacobs division were on HBO. So Jacobs asked to go to HBO and Haymon said no problem. Khan left because he wasn't good enough to beat the top welterweights, so the best move was to go back to being a UK fighter where low level fights would generate a lot more money for him.

          But all the guys that matter? The 147 and 154 monopoly Haymon has built? Wilder? Those guys are fiercely loyal.
          Okay, so from the $925 million, Haymon wasn't actually given access to all that money. I believe Waddle and Reed pulled it after the initial funds were given to him. But either way, you're right no one knows how much he has left. His guys are still getting paid well and not many are leaving him. They are his loyal soldiers. I also think a lot of it depends on how the lawsuit with shareholders go that should have the hearings start pretty soon i believe.

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            #35
            Originally posted by Randall Cunning View Post
            Does that money even exist anymore? Thought there was a court case coming up. Now he solely relies on Showtime money?

            Haymon failed with his "billion", if hed been moderately successful DAZN would have come to him with another billion offer. Living off past successes. Instead went with the guy who's been hugely successful in his market and asked him to replicate it.
            I don't buy it is just the SHO money. He is spending some of the PBC money for the purses. SHO probably just pays the purses amount, and Haymon gives those fighters a side check.

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              #36
              Originally posted by Randall Cunning View Post
              Does that money even exist anymore? Thought there was a court case coming up. Now he solely relies on Showtime money?
              Yes the money exists. How much is left... nobody knows. When you talk to the fighters, they say it's been business as usual and they are still getting their big money like before.

              As for relying on Showtime as opposed to time buys, the time buys were always supposed to be a short term thing. When the whole thing started, Showtime said the fighters would go get some mainstream exposure and then come back to Showtime, which is exactly what happened.

              The goal for Haymon is obviously to get a network partner to add in addition to Showtime, which wound up being FOX. The big question is whether Haymon can ever get FOX to make the kind of financial commitment that Showtime makes so that he has two places to put big money fights. We don't know the answer to that yet. With FOX losing UFC, it's very possible they'll want more boxing once UFC is gone. We'll just have to wait and see.


              Haymon failed with his "billion"
              Failed how? He has more world champions than ever. More dates with Showtime than ever. Showtime is paying him more than ever. He has quarterly specials on FOX, dozens of dates on FS1. He has more control of the top American talent than ever before. He has failed, thus far, to get FOX to dive in deep with him, but that doesn't mean it won't happen in the coming years.


              if hed been moderately successful DAZN would have come to him with another billion offer.
              If Haymon is such a failure, why does DAZN want his fighters so bad? Hearn's entire plan was to build DAZN around Haymon's fighters. Unfortunately, Haymon's fighters are so well paid, they are laughing at the DAZN offers.

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                #37
                Originally posted by WBC WBA IBF View Post
                Yes the money exists. How much is left... nobody knows. When you talk to the fighters, they say it's been business as usual and they are still getting their big money like before.

                As for relying on Showtime as opposed to time buys, the time buys were always supposed to be a short term thing. When the whole thing started, Showtime said the fighters would go get some mainstream exposure and then come back to Showtime, which is exactly what happened.

                The goal for Haymon is obviously to get a network partner to add in addition to Showtime, which wound up being FOX. The big question is whether Haymon can ever get FOX to make the kind of financial commitment that Showtime makes so that he has two places to put big money fights. We don't know the answer to that yet. With FOX losing UFC, it's very possible they'll want more boxing once UFC is gone. We'll just have to wait and see.




                Failed how? He has more world champions than ever. More dates with Showtime than ever. Showtime is paying him more than ever. He has quarterly specials on FOX, dozens of dates on FS1. He has more control of the top American talent than ever before. He has failed, thus far, to get FOX to dive in deep with him, but that doesn't mean it won't happen in the coming years.




                If Haymon is such a failure, why does DAZN want his fighters so bad? Hearn's entire plan was to build DAZN around Haymon's fighters. Unfortunately, Haymon's fighters are so well paid, they are laughing at the DAZN offers.
                He had a billion and an abundance of talent, yet didn't manage to convert one of those guys into a superstar. Youll say boxings not as popular as it was, yes and it happened on his watch. Billion investment and a mediocre return.

                Of course DAZN wants those guys, they should be stars.

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                  #38
                  DAZN sure the hell won't make them stars. What are they going to do along with Hearn to make them stars? Their platform is going to have a limited audience. Hearn's best bet at building a star is some prospect or amateur after he has years of building the DAZN brand.

                  And PBC has done just fine with guys like Spence/Wilder/etc. What determines if the PBC was a complete failure or not comes down to if they end up with a network deal or not. If they don't, then yes only conclusion is they failed. It comes down to FOX and only FOX now.

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                    #39
                    Originally posted by Randall Cunning View Post
                    He had a billion and an abundance of talent, yet didn't manage to convert one of those guys into a superstar.
                    Well now you're moving the goal posts.

                    And clearly his strategy has been to build an army of stars instead of focusing on building one superstar like Arum or De La Hoya.

                    What turned boxing into the niche sport it is was building around one superstar, putting him exclusively on PPV, and then everybody else makes peanuts.

                    If you're trying to make boxing a mainstream sport again, you're much better off having dozens of fighters who are smaller stars, but fighting for purses that a TV network can afford.

                    Haymon hasn't attempted to make a PPV star in the PBC era because the entire point of PBC is to get rid of PPV and build enough fighters that you can eventually have your own league that fills the calendar throughout the year with big fights.

                    In the hey day of PPV, a few fighters made 99% of the money and everybody else was living in poverty. In the PBC era, instead of one guy making 100 million, a hundred guys make 1 million. If you're a fighter, you'd much rather have 100x the chance of making 1 million than risking being broke if you're not the lucky chosen one anointed to make the hundred million.

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                      #40
                      Originally posted by KTFOKING View Post
                      What do you mean? The actual DAZN Matchroom deal was announced late May. Or are you talking about another announcement? Hearn has another announcement mid July that is going to reveal his newly signed fighters as well as announcing that Joshua/Povetkin will kick off the DAZN launch in September.

                      Hearn has a BIG card planned for November and he's trying to get Mikey Garcia locked up by then. Lets see what happens there.
                      I was thinking about signed fighters announcement.

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