So it turns out the rumour of $12M was actually £12M...POUNDS.....which is $18M.
So now what?
A) Don't believe the number just because someone "said so"
B) In a mega fight like this, if both fighters are not negotiating a split percentage, or flat fee + upside, it is a nonstarter.
Remember, rumors were Canelo offered GGG $15 million. Floyd offered Pacquiao a flat fee of $40 million. A flat fee always gets fans on the side of the one offering it. History and logic shows us to always be skeptical of that and to consider the entire financial impact of the fight. UK PPV, Europe PPV, US PPV, and all the other TV rights, 80k + fans in the UK, sponsors, etc...so many revenue streams and the potential that if the fight exceeds expectations sales wise that the flat fee fighter gets hurt incredibly.
Fact is Joshua needs to offer a fair split and wrap the fight up. It isn't that complicated. The GGG-Canelo fight wasn't that complicated to make and it became clearer as time went on that GB was dragging their feet in the end to build more hype. This doesn't feel the same because at least Canelo talked about GGG and kept making promises despite scheduling interim fights. No promises coming from Joshua yet...negotiating out of a fight is the same as a duck. Not saying Joshua is ducking yet, just that this fight is ready now and Joshua has a year or less to make it or else he should shoulder 100% of the blame.
The offer is more than fair. I think people only see what's coming in and don't pay attention to the expenses associated with a fight of this magnitude. I've heard many people say "this a $100M fight" as if the two fighters are splitting $100M on a 60/40 split. And thats exactly the nonsense Finkle is spewing calling 12M pounds a 12% split. Floyd has shifted the thinking on this and got y'all confused. Floyd is wealthy and independent and could front the money needed. For instance....Floyd has his own jet. Wilder doesn't. How is the jet fuel, staff, maintenance, fly rate, etc around the states and across seas gonna get paid for? There are a boat load of expenses on the back end when it comes to putting on a fight, so realistically in a $100M fight after all the expenses, fees, salaries, camp incidentals, etc are paid for....lets say the fighters have close to $50M to chop up between them. You mean to tell me $18M is a lowball number? Especially when you just recently became a big enough attraction for your team to invest in taking you outside of Tuscaloosa for fights?
The offer is more than fair. I think people only see what's coming in and don't pay attention to the expenses associated with a fight of this magnitude. I've heard many people say "this a $100M fight" as if the two fighters are splitting $100M on a 60/40 split. And thats exactly the nonsense Finkle is spewing calling 12M pounds a 12% split. Floyd has shifted the thinking on this and got y'all confused. Floyd is wealthy and independent and could front the money needed. For instance....Floyd has his own jet. Wilder doesn't. How is the jet fuel, staff, maintenance, fly rate, etc around the states and across seas gonna get paid for? There are a boat load of expenses on the back end when it comes to putting on a fight, so realistically in a $100M fight after all the expenses, fees, salaries, camp incidentals, etc are paid for....lets say the fighters have close to $50M to chop up between them. You mean to tell me $18M is a lowball number? Especially when you just recently became a big enough attraction for your team to invest in taking you outside of Tuscaloosa for fights?
$12 million wasnt a valid offer, which is why Team Joshua is still willing to negotiate after saying it was a "take it or leave it offer" originally.
Wrong. We aren't believing any numbers. As @RGR_Newzz has told y'all, Joshua gave Parker a split and Parker isn't the draw or have the division status Wilder has.This is exactly what I'm trying to say, the purse isn't gonna be $100M. The same guy saying dont believe the numbers because someone said so is the same guy believing numbers like 12 and 88.
If this fight takes place in the UK I doubt it’s gonna be on US PPV due to the time difference. So the pot takes a hit on that. But if they were really serious about maximizing profits this fight would be in Vegas.
A) Don't believe the number just because someone "said so"
B) In a mega fight like this, if both fighters are not negotiating a split percentage, or flat fee + upside, it is a nonstarter.
Remember, rumors were Canelo offered GGG $15 million. Floyd offered Pacquiao a flat fee of $40 million. A flat fee always gets fans on the side of the one offering it. History and logic shows us to always be skeptical of that and to consider the entire financial impact of the fight. UK PPV, Europe PPV, US PPV, and all the other TV rights, 80k + fans in the UK, sponsors, etc...so many revenue streams and the potential that if the fight exceeds expectations sales wise that the flat fee fighter gets hurt incredibly.
Fact is Joshua needs to offer a fair split and wrap the fight up. It isn't that complicated. The GGG-Canelo fight wasn't that complicated to make and it became clearer as time went on that GB was dragging their feet in the end to build more hype. This doesn't feel the same because at least Canelo talked about GGG and kept making promises despite scheduling interim fights. No promises coming from Joshua yet...negotiating out of a fight is the same as a duck. Not saying Joshua is ducking yet, just that this fight is ready now and Joshua has a year or less to make it or else he should shoulder 100% of the blame.