Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

[creed]

Crazy to think:

 

1) GGG is only getting 20%.

 

2) Eubank knocks back millions and 80% of the split.

 

Brook gets the same deal and is set for a massive payday.

 

 

Watch from 13:38

 

Thoughts on GGG only getting 20% of the split?

 

[The_budweiser]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

That is a fantastic interview one of the best Hearn has done with IFL. Love the part were he goes into details about the costs of a show.

 

Interesting to hear that the main fighter has a say who is on the undercards and the budget for the undercard.

[Cableaddict]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

I took it to mean Golovkin gets 80%. Since the B fighter is getting around 3 mil, that mean 12 mil for Golovkin.

 

That seems a tad high, but reasonable.

 

Hearn said: "Chris Eubank Jr was offered the same deal that Kell Brook accepted, it’s the same deal Anthony Joshua’s on. We were ready to sign the fight for Eubank, but they made it so difficult.”

Joshua got 5.5 million and Breazeale got 500,000.

 

Also, we know for CERTAIN that Eubank was getting about 3 million. Hearn has said that quite clearly. If that was 80%, then Golovkin would only be getting 750,000. That makes no sense at all, since Golovkin got 2 million just for fighting Wade.

 

Well, maybe that's just the base pay, and then te PPV percentage gets added on? I dunno how this works. Still, how can the champion be getting 20%? It makes no sense at all.

Edited July 14, 2016 by Cableaddict

[LondonRingRules]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

--- Pretty sure it ain't the dreary Brooksie getting 80. If so, than the UK shall well be ripped asunder and buried with Atlantis..

[Ton]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

"You owned the financials of the show - 80/20 split"

 

That seems to indicate Eubank would get the 80%!! Unbelievable if true!

[The_budweiser]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

UK fans are buying to watch Brook fight not GGG, like they have done in the past. But the PPV sales might be Brooks highest due to GGG's reputation.

 

I wonder how the 20% GGG receives, compares to his previous purses.

[Ton]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

Having watched a bit more of the video (still not a whole lot of it, mind) I aint sure I can take Hearn too seriously, and definitely not at face value.

 

I know he has appeared quite a lot on this iFL TV thing and it seems to have a decent enough rep with people within boxing to be interviewed on there. But it kind of feels a bit forced by Eddie. Trying to connect with the fans, swearing...just casually talking boxing.

 

In a way I believe he loves the sport, but always always always, it's business first, and he can use these kind of "No holds barred" sit down non formal interviews as a vehicle to cater to the masses, appearing as one of the lads - a normal boxing fan, but ultimately he's a businessman in disguise and explaining his decision making.

 

He even says, "sorry for the language, i seem to always swear with you guys, but its for a different audience, kind of non corporate". The mask slips!

[The_budweiser]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

Having watched a bit more of the video (still not a whole lot of it, mind) I aint sure I can take Hearn too seriously, and definitely not at face value.

 

I know he has appeared quite a lot on this iFL TV thing and it seems to have a decent enough rep with people within boxing to be interviewed on there. But it kind of feels a bit forced by Eddie. Trying to connect with the fans, swearing...just casually talking boxing.

 

In a way I believe he loves the sport, but always always always, it's business first, and he can use these kind of "No holds barred" sit down non formal interviews as a vehicle to cater to the masses, appearing as one of the lads - a normal boxing fan, but ultimately he's a businessman in disguise and explaining his decision making.

 

He even says, "sorry for the language, i seem to always swear with you guys, but its for a different audience, kind of non corporate". The mask slips!

 

His interviews with IFL don't seem that professional. Kugan has improved as an interviewer, he used to be scared to ask tough questions, still is with some fighters but the ones hes formed a relationship with he is more comfortable. That being said its as if there's no research done and his interviews with Hearn are just like two friends talking and being recorded.

 

I like Hearn to be honest. You don't get any other promoter giving in-depth insights like he does.

[Ton]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

His interviews with IFL don't seem that professional. Kugan has improved as an interviewer, he used to be scared to ask tough questions, still is with some fighters but the ones hes formed a relationship with he is more comfortable. That being said its as if there's no research done and his interviews with Hearn are just like two friends talking and being recorded.

 

I like Hearn to be honest. You don't get any other promoter giving in-depth insights like he does.

 

This is what I mean though that he is doing this as a business man, to connect with the audience. It's no bad thing...as you say it's like two fellas having a chat about boxing down the pub. He knows this will go down well with the boxing public.

 

Like Nigel Farage often being filmed and photo'd down the pub with a pint in his hand. "Oh look at him....he's a normal everyday bloke like us".....

 

Maybe Eddie is actually enough of a fan to enjoy doing these kinds of things, to engage with the public and such...whereas Frank Warren would simply not be arsed to take an hour of his time to do such a thing......but it is still ultimately all about business and this being out there in a casual interview is good for business!

[Cableaddict]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

 

I like Hearn to be honest. You don't get any other promoter giving in-depth insights like he does.

 

Agreed.

 

Also, at face value he seems to genuinely care about both his fighters and the sport.

I'll give him the benefit of the doubt until facts say otherwise.

[Cableaddict]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

Watching that Hearn interview again... listen from 27:00 on. Hearn seems to be saying that the 80 / 20 split meant Eubank (who "owned the financials" would have gotten 80% of the net profits, and Hearn would have taken 20%. That makes more sense. (And I bet the promoter always has a second set of books!)

 

- but then where does the money for Golovkin come from? (And how much?)

Edited July 14, 2016 by Cableaddict

[gavpowell]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

- but then where does the money for Golovkin come from? (And how much?)

He gets five grand and is grateful for the supreme honour of having shared a ring with the greatest fighter who ever graced a ring. And maybe a signed poster.

[The_budweiser]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

Watching that Hearn interview again... listen from 27:00 on. Hearn seems to be saying that the 80 / 20 split meant Eubank (who "owns the financials" gets 80% of the net profits, and Hearn takes 20%. That makes more sense. (And I bet the promoter always has a second set of books!)

 

- but then where does the money for Golovkin come from? (And how much?)

After watching the video. I took is as Brook gets 80% after deductions then Hearn takes his 20% off the 80% and his trainer will then take his %. Confusing ain't it.[emoji2]

[Cableaddict]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

He gets five grand and is grateful for the supreme honour of having shared a ring with the greatest fighter who ever graced a ring. And maybe a signed poster.

 

 

LOL! That's probably literally what Eubank Sr offered.

 

 

On another forum, one member posited that perhaps Golovkin's fee is fixed, and since he's the champ, that figure comes first, becoming part of the overall deductable expenses. It gets subtracted from the gross receipts along with broadcast fees, venue fees, security, etc.

Then what's left (the total net profits) gets split between Eubank (Brook) and Hearn, 80 / 20.

 

That's sounds about right to me.

So, we still have no idea what Golovkin gets for this fight. If the above is true, then he does NOT get a piece of the ticket sales nor the PPV.

 

If anyone finds out for sure, I sure would like to know.

[Ton]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

80/20 fighter-promoter split makes more sense, that's for sure!!

[LondonRingRules]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

--- Couldn't sit thru all the repetitive ramble, but I agree that the 80/20 figure discussed is solely what Hearn takes from the Brook net.

 

Sure we'll see soon enough the comparison to what the minimum guarantee is between the two fighters when the fight is upon us.

[oldschoolboy]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

I can not believe it!

First of all, GGG is going to destroy Brook. So he could get this money for his retirement.

[Cableaddict]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

--- Couldn't sit thru all the repetitive ramble, but I agree that the 80/20 figure discussed is solely what Hearn takes from the Brook net.

 

Sure we'll see soon enough the comparison to what the minimum guarantee is between the two fighters when the fight is upon us.

 

 

I doubt Brook will get "destroyed." He will probably play it very safe for a few rounds, jabbing from way outside and basically trying to look like a credible opponent. Then somewhere around round 3-5, Golovkin will land one good punch, and Brook will go down & STAY down, even if he's OK. He has no need to actually try to win, or to stay in the pocket and absorb massive punishment. He basically just has to show up and last a few rounds.

 

Goes home, cashes check, continues to dismantle the WW division for big money, then SWW. Brags for the rest of his life that he had the balls to face the monster at MW.

[oldschoolboy]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

I doubt Brook will get "destroyed." He will probably play it very safe for a few rounds, jabbing from way outside and basically trying to look like a credible opponent. Then somewhere around round 3-5, Golovkin will land one good punch, and Brook will go down & STAY down, even if he's OK. He has no need to actually try to win, or to stay in the pocket and absorb massive punishment. He basically just has to show up and last a few rounds.

 

Goes home, cashes check, continues to dismantle the WW division for big money, then SWW. Brags for the rest of his life that he had the balls to face the monster at MW.

 

When i wrote destroyed i meant get knocked out in the way Amir Khan got with Canelo.

To me, that's being destroyed.

You must point that Kell Brook has never fought as a middleweight, and he's going to fight with the monster-middleweight. So he could get the same result that Kahn did.

[Gerald]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

Agreed.

 

Also, at face value he seems to genuinely care about both his fighters and the sport.

I'll give him the benefit of the doubt until facts say otherwise.

 

Also agree with this - whatever you think about Hearn he is one of the best interviews in the sport and really offers a window into the workings of the promotional side of things. In contrast to many other promoters who are guarded and full of political-speak Hearn is consistently up-front, open and willing to give a rationale for the moves Matchroom make. I'm not always a fan of the fights he makes and the PPVs he leverages but I'll always give him credit for being clear about why he's doing it.

[LondonRingRules]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

--- Nine or so years ago Brooksie was in 150s, high as 155. Guarantee he won't return to 147. More probably 154.

[Zute]

Re: Eubank refused 80-20 split vs GGG, Brook gets 80-20 vs GGG

 

Personally, I think the Eubank camp would have had fault with any offer, save requiring GGG to fight with his right tied behind his back.