Arum on boxing being on network TV, Shaw and Hayman
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Re: Arum on boxing being on network TV, Shaw and Hayman
Arum is full of shit. He might be right on Shaw but he put Cotto-Mayorga in Vegas where had he put it in NY it would have had double the attendance. Now why did he put it in Vegas? Site fees.
SlickMoney- Posts : 1642
Join date : 2011-03-06
Re: Arum on boxing being on network TV, Shaw and Hayman
SlickMoney wrote:Arum is full of shit. He might be right on Shaw but he put Cotto-Mayorga in Vegas where had he put it in NY it would have had double the attendance. Now why did he put it in Vegas? Site fees.
Not just that. Tax fees. Did you read the part where New York takes 14% of your purse in taxes. So bringing in a big gate in New York would mean jack. You'd lose money having it there. I gurantee, it was Cotto's decision as well.
GrantZilla- Posts : 9310
Join date : 2010-11-05
Re: Arum on boxing being on network TV, Shaw and Hayman
GrantZilla wrote:SlickMoney wrote:Arum is full of shit. He might be right on Shaw but he put Cotto-Mayorga in Vegas where had he put it in NY it would have had double the attendance. Now why did he put it in Vegas? Site fees.
Not just that. Tax fees. Did you read the part where New York takes 14% of your purse in taxes. So bringing in a big gate in New York would mean jack. You'd lose money having it there. I gurantee, it was Cotto's decision as well.
Arum contradicted himself. He says Bradley-Alexander would've sold tickets in St. Louis. Well Cotto-Mayorga would've sold tickets in NY. Shaw wouldnt have made the money he made had he put it in St Louis, im sure.
Arum has put enough of Cotto's fights in NY. Why all of a sudden he cares about the tax now is beyond me.
SlickMoney- Posts : 1642
Join date : 2011-03-06
Re: Arum on boxing being on network TV, Shaw and Hayman
Probably because it was a PPV, and Cotto wasn't getting a direct cut. It would all be based off of PPV sales, and so Cotto wanted to maximize his profits.
Cotto, remember, demanded more of a % off his PPVs when he re-signed to Top Rank. So he knows what's going on as far as money.
And Shaw didn't want the fight in St. Louis because he didn't want Alexander to have homefield advantage.
Cotto, remember, demanded more of a % off his PPVs when he re-signed to Top Rank. So he knows what's going on as far as money.
And Shaw didn't want the fight in St. Louis because he didn't want Alexander to have homefield advantage.
GrantZilla- Posts : 9310
Join date : 2010-11-05
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