He doesn't really need investors to make his money back with way more at Summer Madness event
Let's say there's 2000 people at summer madness
With 1500 paying 75, that's 112,500 dollars
Plus another 200 on stage for 300 is 60,000
Plus another 300 in VIP at 125 a person is 37,500
That's 210,000 he generated for the night, without counting any sponsors or what he's making at the bar, which is a lot.
So let's say he books the venue for 5K, pays 1 stack for security. And pays around 80K for the battlers. Then another 10 K for traveling expenses and miscellaneous things
That still leaves Smack with 114,000 for the night, not counting what he's gonna make at the bar. Some obviously goes to Beasly and Chico, but he's still leaves out of there with a cool 75,000 for one night.
i got you but i think you have to up those other expenses
first off you not booking no place in ny that holds 2k people for 5k, that def is going to be around 20k.
you not paying no security team 1k for a day of work unless its only a few dudes. never been to an event so i dont know the extent of muscle smack has. if its only a few dudes checking at the door then yea but if he has a staff of security you dropping 5k at least for a 15-20 man team
then factor in having to pay for hotels, room service plane tickets, factor in the production team, factor in the editing team and whatever he gives twizz don demarco has to get paid for those corny ass don demarco drops, not saying smack dont walk away with no profit im sure he walks away with something but then here comes the irs taking 20% of those earnings.
so it goes right back to, unless the venue gets bigger and smack can clear a million easy, then you can drop 80k for 1 battle
do those figures you just posted then think about how much he had to drop to make sm2 happen, if mook got 20k, lux got 15, solomon, jones, rex, verb and i think ness got 10k, hitman,calicoe, clips, and i think dna got 7k. john john probably got 2k. thats more than 100k just for battles.
again not saying smack takes nothing home, just saying to drop that much for mediocre battles that the fans will complain about and then watch matches like jc and chilla that probably only cost about 3-4k get called a classic then you can see why smack going this route. as in investor you would got this route too.
