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Report: Premier Boxing Champions Might Be Low On Money

Dan Rafael of ESPN did an investigation into the current state of the Premier Boxing Champions (PBC).  After an analysis of the decreasing purse amounts for fighters and the fewer television events that the PBC has put on, Rafael has concluded that the PBC might be low on money.

Last fall there were many fights during a week and the fancy elements of showmanship, such as the stages, have since been missing from production.  Rafael also states that the quality of the fights have been decreasing.  The PBC only has two programs set to air on cable the rest of the year.  Both programs will air on Spike.  With the lower-level fights and drops in payment there are fewer top fighters performing.

From the article:

Yet there are a bunch of top fighters aligned with PBC who have fought only once this year and are in need of bouts. They include Daniel Jacobs, Garcia, Thurman, Shawn Porter, Adonis Stevenson, Andre Berto, Jermall Charlo, Jermell Charlo, Julian Williams, Erislandy Lara, Vanes Martirosyan, James DeGale, Badou Jack, Anthony Dirrell, Andre Dirrell, Austin Trout, Adrien Broner, Rances Barthelemy, Gary Russell Jr., John Molina Jr., Dejan Zlaticanin, Jose Pedraza, Edner Cherry and Lee Selby, among others.

There are others who have not fought at all this year, including Peter Quillin, Devon Alexander, Lamont Peterson, Jesus Cuellar and Abner Mares.

A PBC spokesman said:

Most people in TV sports programming stay away from trying to counter program college football, the NFL, MLB playoffs and the start of the NBA season in October and November,” PBC spokesman Tim Smith said. “PBC is a TV boxing series, and as such, it’s mindful of the sports programming around it, and it wants to maximize potential viewership among sports fans.

Ringside Analysis:

Dan Rafael is quick to point out that competing against the other sports events wasn’t a problem last year.  The decrease in fights and lack of top fighters staying busy could lead one to conclude that the PBC is running out of money.  It seems unlikely that through one year they would already be financially in trouble.  When the PBC began there were reports that the PBC was funded for four to five years.  The man who started PBC, Al Haymon, is a Harvard MBA graduate who manages over a hundred fighters including Floyd Mayweather Jr.  The PBC may be in a temporary rut but I don’t believe the end is nigh for the boxing venture.

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