What exactly is Haymon's end game with PBC?

[croz]

Not really sure why people are saying Haymon is paying the fighters too much. The total purse for all the fighters on this card was only around 1 million.

[The Gambler1981]

We had the Canadian Grand Prix here in Montreal today. The city pays F1 MILLIONS of dollars per year to host the event, not to mention the maintenance of the track and facilities all of which are paid by taxpayers, not F1. Tell me... when was that last time a city paid millions of dollars to hold a boxing match?

When it comes to boxing, you cannot turn a ****ing profit when you might take in 100K in advertising dollars and it costs you upwards of 2 million to put on a fight card. It does not balance out. Maybe you can figure a way to do it, but no one in history has been able to so far and I don't think Haymon will either.

Yea that is what 40 years into the Eccelstone run? Give Haymon 40 years running things and lets see what he can come up with.

Vegas casinos pay to host boxing matches all the times, they pay rights fees to fill up their casinos. Considering the proliferation of Casinos across the US it can be done elsewhere, also there are a lot of fairly large sports venues that want boxing that would likely offer very good deals to bring fights there.

You can turn a profit in boxing, it just isn't easy but that is because the environment is super cut throat because of the shrinking pie. Reverse that trend and the sky is the limit.

If Haymon can make it work as well as he wants I don't know, there is a lot of risk involved in boxing but if it does he is going to cash in huge and will have got in on the ground floor.

Successful people never listen to naysayers~

[Scipio2009]

We had the Canadian Grand Prix here in Montreal today. The city pays F1 MILLIONS of dollars per year to host the event, not to mention the maintenance of the track and facilities all of which are paid by taxpayers, not F1. Tell me... when was that last time a city paid millions of dollars to hold a boxing match?

When it comes to boxing, you cannot turn a ****ing profit when you might take in 100K in advertising dollars and it costs you upwards of 2 million to put on a fight card. It does not balance out. Maybe you can figure a way to do it, but no one in history has been able to so far and I don't think Haymon will either.

Wilder-Klitschko, if the fight ever happens, will garner a multi-million dollar fee from some city/venue to host. The same could be said for Stevenson-Kovalev.

The boxing business in Las Vegas, outside of Floyd Mayweather's deal, has been built almost exclusively on casinos paying fees to bring fights to town. lol

Haymon isn't working off a budget of $100k; the most recent show (Guerrero-Martinez) featured, from my count at least 15 commercials that weren't Corona/PBC (with Procter&Gamble and Honda even putting up some commercials). You add that Corona, seemingly as title sponsor, is likely putting up a significant amount of money for every one of these PBC shows.

Beyond that, the payouts for each of these shows isn't $2m. Guerrero-Martinez and Figueroa-Burns both didn't likely cost that much, with Figueroa-Burns having the added benefit of selling 5k tickets.

[IMDAZED]

I don't see his endgame either. The ratings seems to be increasing slightly over what the networks had in those time slots before but the numbers aren't earth shattering.

That's good enough. If he can do that over the first twelve months, the networks are more likely to buy in unless there's an opportunity that usurps whatever PBC is doing.