Dana White speaks on Oscar de la Hoya as a promoter
From the Long Beach Press-Telegram (hat tip to our friends at Bloody Elbow):
"I used (boxing) as the blueprint of what not to do. Boxing doesn't do what I would do if I was running one of these cards...When De La Hoya and Mayweather had their pay-per-view with over 1 million buys, he could have stacked that card with all the talent Golden Boy has. You know why he didn't? He didn't want to give up the money. Nobody in boxing is willing to invest money back into boxing's future. We do in the UFC. The money that we make we invest back into the business. We use it to help the grow the sport. Nobody in boxing is willing to do that. And because of that, in my opinion, they have no reason to sit around and (cry) their sport is dying. A lot of people love that De La Hoya is a fighter and the promoter but thing is, it leaves you short-sighted. And he only cares about himself. He knows he gets the pay-per-views when he fights but he doesn't stack the card with fights that will build future fights. You have to invest in a company and De La Hoya is not willing to do that."
We all know the financial reasons that boxing cards don't get loaded up anymore, but White is right that more could be done. You can't really go bananas about it the way UFC can -- top boxers are paid more money per fight than top MMA guys are on average, and it's not chicken scratch for difference, either.
Still, White's a proven businessman, and a promoter in combat sports. He speaks with some real knowledge. There's something to it, even if it's not quite as simple as he wants us to believe.
Comments
White's Right
Dana’s right on. A major advantage of the UFC is their control over the fighters, the employment of a matchmaker who sets fights. The bottom line is that a boxer is an independent contractor who doesn’t have to belong to any company in order to get good fights. The UFC can leverage the shit out of their fighters because there is no where else to get paid.
Take Jon Fitch’s recent comupance. He briefly complained about having his likeness used in a video game. He, American Kickboxing Academy, and all the fighters associated with that Academy were immediately destroyed and dismissed publicly by White. The effect? Fitch and AKA dropped right back in line.
I wish there was a way for both aspects to occur. The monopoly that UFC has is ripe for an anti-trust suit in my not-yet licensed opinion. However, the great cards happen in the UFC. And, the great fights happen, more than once. Even if the cards didn’t happen as completely as they do, the UFC creates the individual fights. What if we had a unified company(as opposed to an organization or association) in boxing, one that could require Margarito to fight Paul Williams again? Or mandate that if PBF wants to fight again, it will only be against Margarito? You can go up and down the line with that idea and create the best fights in boxing right now.
It won’t happen because of the individuality of the sport. If Golden Boy could really seize the reigns and sign most of the good fighters, they could match-make their own organization. That won’t happen because it would be less profitable or not profitable in the short-term, which is all anyone set to make money in boxing right now is concerned with.
by lcollins1 on
Dec 30, 2008 6:54 PM EST
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Please!
Does Dana White bother to say that he barely pays his fighters? We have several top UFC fighters at our gym – they receive very little of his so called “investment”. He belongs right next to Don King. Hype artists who doesn’t care about anyone but himself. Don’t be fooled.
by FightLover on
Jan 1, 2009 2:59 PM EST
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Kinda hard to get that kinda pay when you’re not fully established as a legal sport in all fifty states.
And then remind them that they’re the regulatory party and they need to step up.
I’d like to see guys get paid boxer style wages, but it’s kinda hard to do that when your sport isn’t stable and on the up and up yet.
by RoyalB on
Jan 2, 2009 2:29 AM EST
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