BREAKING NEWS: ARI EMMANUEL & THE ENDEAVOR GROUP seeks to acquire AL HAYMON'S PBC for 600 MILLION
- Thread starter KENNY DA COOKER
- Start date
He's already selling. Black owned companies being sold to white corporations is a major contributing factor in black people's lack of generational wealth. This exact same thing happened after integration
No it isn’t.ReturnOfJudah
Veteran
Will he become a sellout? After these messages will be riiiiiight back
The investment group fronted him $400M so that’s a 66% profit in like 5 years. They’re ready to cash out. They’re buying a brand not even the stable of fighters thus them wanting to keep Al Haymon on board.
It’s chess not checkers.
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If Al was an anglo, he’ll wrote investment instead while being championed as a white savior for black and latino fighters.Who is this c00n writing the article? Trying to act like PBC is a failure
“But but they squandered hundreds of millions”
Uncle Al wins again
Haymon need to over charge them if they want it that bad... Make the asking price 5 billion..
Yet somehow other races dont have this problem. I'm sure Ari Emaneul has been offered money for Endeavor before. Lots of money....
ORDER_66
I am The Wrench in all your plans....
THATS EXACTLY WHAT I SAID!!!
make them work for that shyt... cacs aint like they don't spend billions for bullshyt.
Isn't this the brother of Rham Emmanuel, the former mayor of Chicago and Obama's right hand man?i don't know..i hope he didn't ......
as for now all the press reports speculate that the Endeavor group doesn't want him to leave....they want him to remain as the "head" of the PBC supervising the "shop" while they obtain a role as majority owner
same thing LIVE NATION try to do....buy him out and try to get him to work for him doing thier bidding ..smh
kind of like how they got DANA WHITE working for them at the UFC which they own as well...
yeah the ENDEAVOR GROUP are some big dawgs...they are the first hollywood talent agency in history to file for an IPO they brought forth 3 billion dollars in revenue last year
thier Ceo Ari Emmanuel is also a consultant to Donald Trump and served on his transitional team upon his entry to the white house
stay strong AL .....TELL THESE DEVILS TO GO FUKK THEMSELVES......
LONG LIVE THE PBC!
Will this benefit the fighters?
So will Haymon still manage the fighters?
Imagine if he sells "PBC" for $600mil and keeps getting 30% off every fighter he manages
AL only extracts a 15% cut from the boxers
And that's on a graduated scale according to Sam Watson operations manager for Haymon Development LLC/Haymon Sports
10% of the purse for journeymen fighter (non title winners) 15% for title winners
It was ARUM and DE LA HOYA charging the standard 33% which drove fighters to HAYMON's side
And he doesn't even collect that fee until he lands the fighter a bout with at least a Six Figure purse (100k)
Which has been one of the appealing factors of the Haymon business model
Not surprising why the had over a 130 fighters in his camp
It allows Young fighters to SAVE MONEY and develop a career as journeymen boxers within the Pro Ranks
Here it is in black and white print.. The Haymon Advisory Agreement contract
Which was leaked to the public during the Top Rank Vs PBC lawsuit cases
http://ucnlive.com/wp-content/uploads/2014/12/AdvisoryAgreementreHaymonSportsLLC121114.pdf
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BrehMan
Old Avi from :hamster:
Yep. And the inspiration for the Ari Gold character on Entourage.
ezrathegreat
Veteran
We shall see.
We Still Here!
Still Black Owned!
Apparantly the Sale didn't go through!
Still Black Owned!
Apparantly the Sale didn't go through!