Last week, Golden Boy
Promotions announced that on March 8th from the MGM Grand in Las
Vegas, Saul Alvarez will return to the ring (following his defeat at the hands
of Floyd Mayweather last September) against Alfredo Angulo. Rounding out that
show could be the trio of Leo Santa Cruz, Omar Figueroa and Jorge Linares.
They are calling this
promotion “Toe-to-Toe” and it figures to be a fun night of action. It's a card
that will provide good entertainment from top-to-bottom (really the most
important thing) but it has to be asked: Is it really worthy of being on
pay-per-view? Yeah, it would be a very good-looking card on Showtime but is it
one the masses are willing to shell out $50-$60 dollars for?
That's the question.
Already, boxing fans will be
counted on to spend at least several hundreds of dollars in 2014 to watch the
biggest names in the upcoming year (http://www.sportsonearth.com/article/66360480/).
They're accustomed to paying for the likes of Mayweather and Manny Pacquiao,
who both simply make too much to be paid through a network license fee. But their
patience (and bank accounts) will really beginning to stretch if Alvarez-Angulo
is put on pay-per-view. This is a classic “fight fans’ fight card” or perhaps
more specifically, a “Mexican fight
fans’ fight card” (“‘Canelo’ Fury,” if you will) but isn't this what you pay
your monthly cable bill for?
Showtime, which has made
major strides in the last year or so with its boxing franchise, should be fighting
like hell to keep this on its “Championship Boxing” series because the bottom
line with its business is subscribers (satisfying the existing ones and continually
adding new ones). While Mayweather is great for branding, only the rebroadcast
of his fights are on the network. “Canelo” is the kind of fighter who is a true
attraction. Not only has he done consistently good ratings on HBO and Showtime
and sold tickets on both sides of the border, he also brought value as a
pay-per-view commodity. Over the past several years, Mayweather pay-per-views
have done in the range between 1-1.5 million as he faced the likes of Juan
Manuel Marquez, Shane Mosley and Miguel Cotto. But with Alvarez as the B-side, “Money”
did in the two million-buy range.
So yeah, there is absolutely
an argument to be made that Alvarez is already something of a pay-per-view
franchise. However, it's one thing to co-headline versus the world’s most
valuable boxer; it's something completely different to carry a pay-per-view
against an opponent that the general populace isn't all that familiar with.
Even the likes of Mayweather, Oscar De la Hoya and Pacquiao didn't become
exclusive to pay-per-view till much later in their careers. It’s already been
announced that all three of “Canelo's” fights this year would have the acronym “PPV”
attached to it (although that could change. More on that later).
At age 23, is he the kind of
guy you're prepared to spend an extra 50-to-60 bones every time out for the
next decade or so? And against guys coming off stoppage losses like Angulo?
There are usually two
reasons why certain fights are pay-per-view. First, as aforementioned, a
certain fight or fighter simply costs too much to be on premium cable. In other
cases, at the end of fiscal year, the budget of a network is diminished and a
fight is put on this platform. Neither is the case with Alvarez-Angulo,
according to sources. This event is on pay-per-view at the insistence of
Alvarez for whatever reason. There are some who will be involved in this
promotion not so sure that this wouldn't be better served being televised by
Perhaps common sense will
take over. And before you scoff, it has happened before. If you recall, Alvarez’s
bout against Josesito Lopez in September of 2012 was originally a pay-per-view
promotion. But as Top Rank Promotions placed the middleweight title tilt
between Sergio Martinez and Julio Cesar Chavez on that same date (and in the
same city), Alvarez-Lopez was quickly shifted to Showtime. This past December's
bout between Marcos Maidana and Adrien Broner was slated to be on pay-per-view
before eventually being broadcast on Showtime, where it played to a much bigger
audience than it would have otherwise.
Can history - and logic -
There's no doubt Golden Boy,
Showtime and Alvarez will be leaning on the Mexican/Latin fan base to carry “Toe-to-Toe”
but the really successful pay-per-view cards are those that get the casual fans
to buy in. Personally, I think this card will do around 300,000 buys (with
a lot more disgruntled fans streaming it).
If it does 300,000 buys at
60 bucks a pop, that's right around nine million in revenue for the promotion (as
the revenue is split between the promotion and the cable/satellite operators).
This means Alvarez is in line to make at least five-to-six million dollars. So
yeah, the math does work with rather modest numbers.
Now, if it does near the
half-million range, well, you can pretty much expect “Canelo” to be on pay-per-view
from here on out.
THE CRUELEST SPORT
Carlos Acevedo is a
must-read for me. I think his stuff is simply fantastic. My only complaint is
he doesn't write enough. His latest
is on the same subject that I talk about and as usual, it's quite enlightening
I'm told that Julio Cesar
Chavez Jr. is signed, sealed and delivered for his March 1st rematch
versus Bryan Vera...Tom Loeffler, Managing Director of K2 Promotions, says Gennady
Golovkin will return to the States on April 26th at the Theater at Madison
Square Garden if everything goes well on February 1st in Monte
Carlo...Antonio DeMarco returned this weekend with a second round KO of Jesus
Gurrola in Tijuana...Can't wait to see round three of the Seahawks and ‘Niners...The
Lakers have hit rock-bottom but I get the feeling it can actually get worse...Free
“A-Rod” (or not)!…
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