PBC: A Look at Haymon's Books

OfTheCross

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http://www.sportsbusinessdaily.com/Journal/Issues/2015/04/20/In-Depth/Main.aspx

A monetary analysis of the PBC endeavor.

I'll chime in with an opinion once I've read it.

Sneak peak: Look at the ratings boxing pulls
84D0CEF04F574A4C82BB353A44468A8D.ashx
 

Willy Waffle

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i was going to post this article earlier today. some interesting notes in there.

i knew haymon had a history in the music biz but had no idea haymon was a former mutual fund manager :leon:

:dead: at him still using a flipphone in 2015 but thats some :birdman: shy right there.

people talking about the failure of pbc and how haymon is losing money for his investors, thing is they expect to lose a few hundred million before they expect to see money down the line. in other words, they have planned this shyt to a tea. nbc is happy from the ratings so far.

damn keith thurman might be the next ppv star

from that article, i get a sense that ppv isn't in the plans for pbc or for any of their fighters.
 

Axum Ezana

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i was going to post this article earlier today. some interesting notes in there.

i knew haymon had a history in the music biz but had no idea haymon was a former mutual fund manager :leon:

:dead: at him still using a flipphone in 2015 but thats some :birdman: shy right there.

people talking about the failure of pbc and how haymon is losing money for his investors, thing is they expect to lose a few hundred million before they expect to see money down the line. in other words, they have planned this shyt to a tea. nbc is happy from the ratings so far.



from that article, i get a sense that ppv isn't in the plans for pbc or for any of their fighters.


yeah ..im just saying in terms of a popularity stand point. he could if he chose that route.
 

MIAlien

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yeah ..im just saying in terms of a popularity stand point. he could if he chose that route.
PPV isn't the angle though. Haymon's angle is to bring the biggest fights to free tv and get big $ network deals like the team sports. That passes the cost from the fans onto the networks AND forces promoters into a corner with PPV. How can you put boxings biggest fights on PPV when Haymon & Highest bidding network are giving you those fights for free? It kills the value of fights on PPV.

That'll force boxers to choose between promoters scrambling to keep up & PBC, which will have the $, the household brand, and all the biggest stars. And the mass exodus will begin, unless and until the other promoters link up with other networks for deals like PBC. The problem is that Haymon is showing all the big networks the value of linking up with him. He could end up with a multi-network deal that would shut them out.

PBC is too far ahead for anyone to catch up. Now they just have to hope it fails somehow, or PBC will end up becoming the UFC of boxing.
 

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Just gotta hope this becomes a success before they run out of money. This is a big gamble, considering how much money they are currently losing. They need to mix in some high action fight of year type battles, along with the elite skilled boxers.
 

OfTheCross

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Just gotta hope this becomes a success before they run out of money. This is a big gamble, considering how much money they are currently losing. They need to mix in some high action fight of year type battles, along with the elite skilled boxers.


Accordoning to the article they're only gambling with 1% of their worth.

They're willing to lose it all
 

George's Dilemma

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i was going to post this article earlier today. some interesting notes in there.

i knew haymon had a history in the music biz but had no idea haymon was a former mutual fund manager :leon:

:dead: at him still using a flipphone in 2015 but thats some :birdman: shy right there.

people talking about the failure of pbc and how haymon is losing money for his investors, thing is they expect to lose a few hundred million before they expect to see money down the line. in other words, they have planned this shyt to a tea. nbc is happy from the ratings so far.



from that article, i get a sense that ppv isn't in the plans for pbc or for any of their fighters.


I don't think Haymon was formerly a mutual fund manager. I believe the article was referring to Ryan Caldwell.

"The most powerful man in boxing and the former mutual fund manager who delivered him more than $425 million in institutional capital share a chuckle when they think back to the meeting that started them down the path to prime time on NBC."

"So it was that Haymon, his longtime attorney Mike Ring and Waddell & Reed fund manager Ryan Caldwell found themselves across from NBC Sports Chairman Mark Lazarus and Jon Miller, president of programming, late in 2013, discussing a plan that would showcase Haymon’s fighters on the network on weekend afternoons and Saturday nights."
 

George's Dilemma

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Good article. When Richard Schaefer's time out settlement with GB runs it's course, one gets the feeling that it will be like Frank White getting out of Sing Sing.
 
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