Who should Manny Pacquiao fight next?

[HERESY]

It's 20% - 23%, something like that and that includes at gate and PPV (not sure why you thought it wasn't).

It's typical of promoters taking 20%. Not saying it's right, but it's actually a lot better than it used to be when they would get 80%.

I'm looking at something right about the Mosley fight. Pac was guranteed $20 million from ppv from Top Rank. Again, they are already getting their cut from the PPV and Gate. His money is guranteed after that and it's on him to divy it up with his time based on whatever contracts he has with them. Why is Top Rank getting a cut of what he is guranteed to get?

 

[2-0-Sixx]

I'm looking at something right about the Mosley fight. Pac was guranteed $20 million from ppv from Top Rank. Again, they are already getting their cut from the PPV and Gate. His money is guranteed after that and it's on him to divy it up with his time based on whatever contracts he has with them. Why is Top Rank getting a cut of what he is guranteed to get?

How do you think they come up with the figure of $20 million guaranteed ? They calculate gate sales, PPV sales, closed circuit, etc.

 

[HERESY]

How do you think they come up with the figure of $20 million guaranteed ? They calculate gate sales, PPV sales, closed circuit, etc.

But Top Rank already took their cut from the overall gate sales, closed circuit tv and PPV. You don't gurantee the guy $20 million and then turn around and say "Sorry, we guranteed you $20 million, but we're going to take $5 million from you." They already got paid. Shit, they got paid first (technically they go tpaid after the cable companies but still.)

 

[2-0-Sixx]

nah, that's not how it works. They guarantee $20 million based on their expectations, PLUS pac gets whatever % of the PPV previously agreed on. $20 million is just a bare minimum. Sometimes contracts can be very specific, for example Marquez will be guaranteed $5 million against Pacquiao plus $5 per PPV buy after 500,000 buys (or something like that).

An example is Roy jones vs Hopkins rematch. Hopkins was guaranteed like $2.5 million (something like that) and roy jones was going to get 50/50 after that. They expected the PPV to do a certain amount of numbers and it failed miserably. It generated like $5 million total (I'm just pulling this number out my ass), so Hopkins got his minimum and roy jones basically fought for free. I don't think he got paid a dime.

If, say, Top Rank guaranteed pacquiao $20 million and the PPV bombed, and didn't generate that much money, top rank would have to pay out of pocket that number (not from profits).

Mayweather vs Ortiz for example Floyd is guaranteed something like $25 million PLUS a % of the PPV (Ortiz is guaranteed $3 million with no ppv %).

At the end of the day, it's still MUCH more money then any other combat sports person is getting, take UFC for example. You think they only take 20%? More like 90%.

But I agree with you Top Rank is taking too high of a % of Pac's purse. It shouldn't be 20-23%, it should be 15-18% or around there.

Promotional companies like GB, Top Rank, etc., as shady as they can be they do have a lot of expenses as well, they put in millions in advertizing/promoting, they also invest millions on young fighters and hope they can turn into a profit (when most don't), etc etc etc.

 

[HERESY]

nah, that's not how it works. They guarantee $20 million based on their expectations, PLUS pac gets whatever % of the PPV previously agreed on. $20 million is just a bare minimum. Sometimes contracts can be very specific, for example Marquez will be guaranteed $5 million against Pacquiao plus $5 per PPV buy after 500,000 buys (or something like that).

Let's go ahead and look at the Pac and Cotto fight for an example. That fight earned a little for $70 million plus $10 million from gate. That's $80 million. Cotto earned like $12 million while Pac earned $22 million. That's $34 million for the fighters (and their training camp taxes, etc.) the other $46 million get's split with Top Rank and the networks or companies who carried the PPV and they get their cut FIRST. So there is no way that Top Rank should have their hand out for Pacs money afterwards when they've already gotten their cut. They got their cut before he ever saw a dime. They don't get to touch his $23 million and if they are it's rape.

An example is Roy jones vs Hopkins rematch. Hopkins was guaranteed like $2.5 million (something like that) and roy jones was going to get 50/50 after that. They expected the PPV to do a certain amount of numbers and it failed miserably. It generated like $5 million total (I'm just pulling this number out my ass), so Hopkins got his minimum and roy jones basically fought for free. I don't think he got paid a dime.

Yes he got his miniumum and no one was taking a cut from his minimum.

If, say, Top Rank guaranteed pacquiao $20 million and the PPV bombed, and didn't generate that much money, top rank would have to pay out of pocket that number (not from profits).

Again, what I'm saying is you don't gurantee an amount and then turn around and take from that amount. It's one thing if the fight doesn't generate money and you can't pay the guy or you have to pay him the minimum. What I'm talking about is paying him his cut and then taking a percentage of what you paid him.

Mayweather vs Ortiz for example Floyd is guaranteed something like $25 million PLUS a % of the PPV (Ortiz is guaranteed $3 million with no ppv %).

At the end of the day, it's still MUCH more money then any other combat sports person is getting, take UFC for example. You think they only take 20%? More like 90%.

See above. Something is wrong if Top Rank is getting a percentage of the money he walks away with. Top Rank or any other promotional company is going to have basically three deals in place. 1. with the cable company and stations, 2. with the arena and 3. with the boxers. 1 and 2 are paid first. Once they are paid 3 gets paid. However, they aren't going to take another percentage of what they already promised the man. They are taking their cut from what is left from paying 1 and 2. So let's say $60 million is left. You let the fighters do their thing with $30 and you pocket the other $30. You don't pocket your $30 and then take off an additional 15-30% from what the fighter is left with. That is RAPE. If that is what is going on I agree with Floyd.

Promotional companies like GB, Top Rank, etc., as shady as they can be they do have a lot of expenses as well, they put in millions in advertizing/promoting, they also invest millions on young fighters and hope they can turn into a profit (when most don't), etc etc etc.

They're just like your average major record label. Also, a lot of their expenses are made up shit. Niggas probably $5,000 on the books for now&laters and skittles. Moreover, their tv promotions and advertising are covered by the network and the network and cable companies get their cut first. So the only out of pocket expenses theses guys are getting hit with is tour buses, flights, promo material like posters, stickers, etc.

 

[2-0-Sixx]

I may be wrong if Top Rank takes that 20% of his guarantee, or if it's 20% of the profits. I need to find out for sure.

As for the PPV card, the promotional company has to finance the entire thing, from the undercard fighters, to the licensing fees, to the taxes at location, to advertising and all that. They have to finance the entire thing from top to bottom. So it's not like all of that "$40 million" or whatever it may be is profit, on a big PPV fight like Pac or Floyd tens of millions are put into the show and they have to make that money back. on top of that the networks distribute it and take a big cut of the profits.

No doubt the promoters are making a ton of money, but, in the end it's more than Pacquiao/Floyd is making, then yeah that's fucked up. I've always been under the impression the top fighters in the sport get the bigger chunk of the actual profits.

 

[bigface]

The elite fighters who are smart makes good money in boxing. Top Rank gets 20-30% of all the gross revenue made by Manny in the ring. Plus throw in the fact that Manny has been fighting nothing but Top Rank fighters, and you have Bob Arum making a lot of money. Top Rank is making a killing with Manny that's there cash cow. Manny needs to be his own boss and get out of his Top Rank contract..

 

[2-0-Sixx]

^^I pretty much agree with you on the last part, however I don't think he needs to necessarily leave top rank but rather restructure his contract so that TR take a much smaller percentage. Pac still needs someone to promote his fights and love him or hate him Bob Arum is damn good at what he does (selling fights). He was the one behind the CBS deal and all that so he deserves his credit, he has HBO and Showtime in a bidding war over pacquiao, etc.

It's either that or golden boy promote his fights and I just don't see that happening with all the things said from Oscar and Richard about Pacquiao. Too much bad blood there I reckon.

 

[2-0-Sixx]

This is from Fighthype and they don't identify who their source is so take it for what it's worth but if true, Pac is demanding more money before signing the contract...



CONTRACT STILL NOT SIGNED BY PACQUIAO, YET TICKETS NEARLY SOLD OUT FOR MARQUEZ TRILOGY

By Ben Thompson | July 27, 2011

Last week, adviser Michel Koncz (yes, he still holds the title of adviser) traveled to the Philippines to present Manny Pacquiao the contract for his third installment with Juan Manuel Marquez. That was nearly six days ago and yet, for some reason, that contract is still unsigned at the time of this writing. Evidently, word in the Philippines is that the 8-division world champion is not entirely pleased with the $20 million purse he's been guaranteed for the fight. In fact, according to a source, it was Pacquiao's new accounting firm, VisionQwest, who recommended that he turn down the initial offer.

"VisionQwest deinied the contract with Top Rank regarding Marquez. Bob is selling tickets to an event that Manny has not even signed a contract for," the source commented when asked whether or not all details had been finalized. "They turned down the $20 million guarantee. I think comparing his purses to what Mayweather is making helps them realize that Manny deserves better," the source added.

It should be noted that getting Pacquiao's John Hancock on the dotted line is likely only a formality, one that can easily be fixed provided that Bob Arum increases his guaranteed purse. That being said, it's becoming more and more obvious that the Filipino icon is beginning to leverage his star power as a means to ensure that he's maximizing his earning potential...even when it comes to dealing with his own promoter. Of course, this should come as no surprise as Pacquiao also played hardball with Arum when it came to previous bouts against Oscar De La Hoya and Ricky Hatton, two bouts that he nearly walked away from until his demands for more money were met. In this case, however, it looks like Pacquiao is beginning to realize that if he's the new face of boxing, then he should be paid accordingly.

Tickets have sold briskly for Pacquiao's third bout with Marquez; we're quite sure that Bob Arum will do whatever is necessary to make sure that contract is signed.

 

[2-0-Sixx]

Photos: Juan Manuel Marquez is Like a King in Manila

Mexico's Juan Manuel Marquez is getting the royal treatment in Manila, Philippines. The boxer received a key to the city from Manila Mayor Alfredo Lim. The three division champion came to the country to promote his trilogy fight against Filipino boxing hero Manny Pacquiao in Las Vegas, Nevada November 12.

 

[JReezelle]

^^^ dope shit! glad they showin marquez love out there in p.i.

 

[2-0-Sixx]

^^did you ever see the erik morales commercials? lol a lot of pacquiao opponents become stars there.

 

[dookie1]

Philipino's are not a hateful breed breh!

 

[2-0-Sixx]

Eight-time world boxing champion Manny Pacquiao (L) of the Philippines and Mexico's Juan Manuel Marquez (R) pose for the media in Manila onfor the start of a series of a four-city international media tour. Pacquaio will defend his WBO welterweight title against Marquez in a trilogy bout at the MGM Grand in Las Vegas, Nevada on November 12.

 

[trips]

Bob Arum - How To Pimp A Pactard 101

http://youtu.be/xScyhwI3vcs