HBO Passing on Mosley-Mora PPV a Potentially Good and Bad Sign for Boxing Fans by John Chavez
Jul 13, 2010 - Pay-Per-View events are the scorn of boxing fans especially here in the United States of America.
In
this day and age with the abundance of "free" entertainment outlets via
the internet, asking someone to shell-out $50 to watch anything on
television is akin to paying the milk man to deliver your fresh cow
juice.
Anything less than the highest quality product on the PPV outlet leads many long-time, loyal fight
fans to look the other way and disregard certain boxing events
altogether. It has an extremely negative effect on the popularity of
the sport in totality as missing one Pay-Per-View has led many fight
fans to miss two, three, and eventually lose interest in the sport as a
whole. I've seen it happen first hand and it's pretty discouraging to
observe from the perspective of wanting to see the sweet science expand
it's fan base here domestically.
As was reported on
Fighthype.com, HBO has decided to pass on it's involvement regarding
the September Pay-Per-View card between Shane Mosley and Sergio Mora.
This is a very interesting move as it seems as though the "Heart and
Soul of Boxing" is finally getting it right as it pertains to their
subsidization of the sport.
In a recent rant I wrote here at The
Boxing Truth, I suggested that HBO start to make drastic changes in
their fight buying style and offer fair deals across the board for top
talent. If promoters and most importantly, fighters are unable
to agree to the financial terms offered, there are always the fellows
across the street (Showtime) and the independent Pay-Per-View.
As
we all know by now, Showtime has a strong policy of buying meaningful
fights that fall within their budget range so in essence that
eliminates anything involving say... Julio Cesar Chavez Jr. until he
fights a meaningful opponent. (Who by the way generated less than
50,000 buys against human punching bag, John Duddy.)
In order to
satisfy their fighter's demands and more importantly... their egos, the
independent Pay-Per-View is absolutely the only other alternative that
these promotional firms have when showcasing their talent. That is...
unless they are able to convince their clients to be a bit more
realistic with their earning power and popularity outside of the bubble
created by HBO.
So now onto the bad...
Pay-Per-View will
be used in abundance over the next several years by promotional firms
such as Top Rank, Golden Boy Promotions, and the strange non-descript
firms that continue to stage bouts such as David Tua vs. Monte Barrett.
Seriously... does the buy-rate for the aforementioned heavyweight fight
even surpass 87?
It's the necessary evil of the sport when guys
such as Kelly Pavlik, Antonio Margarito, Bernard Hopkins, Shane Mosley,
and Juan Manuel Marquez cannot understand that the intrigue level in
their fights isn't exactly what it once was.
You can attempt
to explain to these prize-fighters that the current economy isn't what
it once was due to the collapsed residential and commercial real estate
markets, impending stock market collapse, sky-high unemployment
figures, and the lack of tangible goods exported by this country all
leading to less disposable income for the average American. Either they
don't understand, don't care, or their egos are too big thinking that
everyone is still interested in shelling out the dollars to see them
perform.
So usually what might happen is that fighter "A" has a
certain minimum purse amount figure but can be coerced into taking a
smaller minimum in exchange for headlining their own card and taking a
percentage of the Pay-Per-View upside. There's always that strange
infatuation with headlining a Pay-Per-View card with a fighter
regardless of whether the fight will actually sell or not. Look at the
purse structure of the Roy Jones Jr. - Bernard Hopkins rematch in which
Hopkins took a minimum purse of $750,000 based on potential upside on
the final tally of PPV buys. This is a figure that Bernard would have
never agreed to had HBO dellusionally bought the rights to air that
rematch for a price of lets say... $2 million. Sure there would have
been no Pay-Per-View upside but then again, it would have been
guaranteed money in hand without having to convince anyone to purchase
it.
I just tend to believe that it is a huge transition time for boxing.
Many fighters and promoters will take substantial losses in the coming years on these independent Pay-Per-View shows.
HBO must realize this and structure their payouts for their events accordingly.
There
is absolutely no reason for them to shell out any unwarranted dollars
for perceived "Big-Fights" that wouldn't draw independently.
Yes,
I understand that Ross Greenburg wants to air Paul Williams-Sergio
Martinez II and Timothy Bradley-Devon Alexander on HBO but still...
there's no reason to overpay or even deal with the posturing from the
promoters involved. Dan Goosen, Gary Shaw, Lou Dibella, and Don King
wouldn't have the nerve to even attempt to put any of those fights on
independent Pay-Per-Views and Showtime doesn't have the budget to even
compete with HBO to purchase those fights. These are hardcore boxing
fan fights which points to the fact that even if they were even shown
via PPV, these fanatics would find a way to watch them for free via the
internet.
So there we have the formula...
1. HBO passes on lack-luster match-ups "forcing" promoters to either make better match-ups or go the independent PPV route.
2.
Fighters take lesser minimums with PPV upsides that never come to
fruition while the promoters make little money or even lose money in
the process of staging the event.
3. Promoters and fighters realize that they must restructure their contracts or agree to financial offers set forth by HBO.
4.
This gives HBO the power to offer fair but lesser payouts than in years
past allowing them to schedule more bang for their buck across the
calendar year.
The biggest question I have is just how long this "cycle" will take.
With
the short-sightedness of the industry based on it's track-record and
the posturing involved by all of the entities... it could take years
for this cycle to play out.
Even worse would be HBO not
realizing that this cycle is even occurring and continuing to overpay
for certain key match-ups while leaving their budget completely dry
turning off HBO boxing subscribers.
Seriously... what would benefit boxing more?
HBO
shelling out $3 million in order to make the Alexander-Bradley fight a
reality in January 2011 or offering $1.5 million, risking it not
happening due to unrealistic demands and taking the left over $1.5
million and putting on 5 or 6 B.A.D. shows?
I can guarantee them
that the total ratings for 5 or 6 "Boxing After Dark" shows will far
surpass the one-time ratings figure for Alexander-Bradley.
The
good of HBO distancing themselves from unwarranted Pay-Per-View cards
is that there is a certain credibility to a fight once HBO puts it's
stamp and marketing muscle on it. It leads to an elevated number of
buys that the promotional firms and boxers feel they are
single-handedly responsible for when in reality, it is the premium
network that should be given the credit.
I'd expect a smart
numbers guy like Richard Schaefer to pick up on all these things sooner
than the rest of the pack but the fierce rivalry with Top Rank can
cloud judgment especially when it comes to disgruntled fighters
possibly jumping ship.
Does any of this make any sense?
Probably not.
All
I know is that boxing fans are most probably in-store for a hellish
amount of independent Pay-Per-Views in the coming years and if HBO
doesn't restructure their payouts as it pertains to perceived
"big-money" fights, the boxing schedule on the "Heart and Soul" can
possibly end up being rail thin with a few marquee fights taking place
with nothing left in the budget to continue showcasing the best
upcoming talent for years to come.
Boxing here in America needs
this transition period to adjust sooner than later in order for the
sport to avoid a similar crisis to what occurred here on a financial
level.
It's just the opinion of an idiotic boxing fan...
PS. The new age of boxing fan doesn't even bother to complain about the excessive amount of boxing Pay-Per-Views as most of them are very well-versed in watching these events free online. The figures do not lie...
truth@theboxingtruth.com







