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Post by Pav on Dec 15, 2013 21:56:35 GMT
My gym has lost millions over the last few days as purses have plummeted, hope this gets sorted soon. Should get better neXt turn. We r in transition period as u still pay high wages for existing contracts so I understand.
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Post by martb6 on Dec 15, 2013 22:23:03 GMT
My gym has lost millions over the last few days as purses have plummeted, hope this gets sorted soon. Same here, yesterday and today (heavy and superweight) are normally my biggest earning days too. To make things worse my heavy world champ will be out for the next 2 fights lol.
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Post by llecha on Dec 18, 2013 0:10:08 GMT
OK, I'll try and look at
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Post by jetcat on Dec 18, 2013 9:09:51 GMT
I can confirm that while negotiating new contracts elite boxers now ask for a lot less then what they've asked before. World #4 www.box2glory.com/npc/8227bio.htm asking for less than 60k and world #3 www.box2glory.com/npc/8844bio.htm less than 90k and both are open to further discounts, that's making them definitely profitable even if they keep fighting away from home, that's good news.
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Post by Pav on Dec 18, 2013 14:22:42 GMT
I can confirm that while negotiating new contracts elite boxers now ask for a lot less then what they've asked before. World #4 www.box2glory.com/npc/8227bio.htm asking for less than 60k and world #3 www.box2glory.com/npc/8844bio.htm less than 90k and both are open to further discounts, that's making them definitely profitable even if they keep fighting away from home, that's good news. yes, looks like we are at this period now when some managers still have to pay high wages, but soon that will not be the case as contracts are renewed and I can adjust the money they make per fight back down.
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Post by jetcat on Dec 18, 2013 16:06:43 GMT
I can confirm that while negotiating new contracts elite boxers now ask for a lot less then what they've asked before. World #4 www.box2glory.com/npc/8227bio.htm asking for less than 60k and world #3 www.box2glory.com/npc/8844bio.htm less than 90k and both are open to further discounts, that's making them definitely profitable even if they keep fighting away from home, that's good news. yes, looks like we are at this period now when some managers still have to pay high wages, but soon that will not be the case as contracts are renewed and I can adjust the money they make per fight back down. www.box2glory.com/2038/August/326992.htm almost $5 million purse for 2 minutes of boxing looks like Star Inc Promotions don't care about B2G crysis and keep the money flowing anyway
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Post by Pav on Dec 18, 2013 17:33:05 GMT
yes, looks like we are at this period now when some managers still have to pay high wages, but soon that will not be the case as contracts are renewed and I can adjust the money they make per fight back down. www.box2glory.com/2038/August/326992.htm almost $5 million purse for 2 minutes of boxing looks like Star Inc Promotions don't care about B2G crysis and keep the money flowing anyway Li certainly looks to be worthy fighter to be taking up Oyal legacy.
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Post by martb6 on Dec 18, 2013 17:57:52 GMT
I can confirm that while negotiating new contracts elite boxers now ask for a lot less then what they've asked before. World #4 www.box2glory.com/npc/8227bio.htm asking for less than 60k and world #3 www.box2glory.com/npc/8844bio.htm less than 90k and both are open to further discounts, that's making them definitely profitable even if they keep fighting away from home, that's good news. My guy ranked #13 in Europe wanted 181k so i offered him the lowest i could of 100k and he turned me down, so i re-negotiated and now he wants 8k, so glad he did not except the 100k
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Post by martb6 on Dec 18, 2013 18:11:40 GMT
Li certainly looks to be worthy fighter to be taking up Oyal legacy. Looks as though Star Inc Promotions may have taken a cut from the other fight cards to fund the event World #3 legend Oyal only took a share of a 417k fight purse Vs world #4.
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Post by Pav on Dec 18, 2013 18:28:41 GMT
Li certainly looks to be worthy fighter to be taking up Oyal legacy. Looks as though Star Inc Promotions may have taken a cut from the other fight cards to fund the event World #3 legend Oyal only took a share of a 417k fight purse Vs world #4. ye, looks like i might have to re balance purses soon. But I would rather do that then have unrealistic multi billion dollar minimum trade values for boxers....and Mr. Oyal still remains the #1 rich guy with $121,192,148 from his fights.
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Post by punchy on Dec 18, 2013 19:50:16 GMT
My gym continues to lose money fast post the changes, pretty harsh as they were all at least break even or profitable pre the changes...
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Post by Pav on Dec 18, 2013 20:45:22 GMT
My gym continues to lose money fast post the changes, pretty harsh as they were all at least break even or profitable pre the changes... looks like there are some purse related adjustments that i forgot to make once i dropped the scores of boxers. will check this turn for next turn.
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Post by bullan on Dec 18, 2013 21:00:38 GMT
Cash reserves dropping like a stone here also , hopefully will survive till it all pans out
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Post by jetcat on Dec 18, 2013 22:35:00 GMT
I'm glad I've been saving
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Post by Pav on Dec 19, 2013 0:17:50 GMT
Ok, I have an idea - I am going to set all super fat cats ($100,000+/week) contracts to expire in 13 weeks. Then you can renegotiate a much more favorable rates. How does that sound?
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