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A Panel of Media Titans Scopes Out the New Face of Boxing in the Digital Era
On Wednesday, October 17, HBO Sports vice president Peter Nelson showed up to the Marriott Marquis in midtown Manhattan to partake in a panel on “storytelling” in documentary film, as part of the Sports Business Journal’s annual media conference. Among the topics that Nelson broached were the record viewership that tuned into “Andre the Giant” and the inception of “Barbershop,” the new chat show produced by and featuring Lebron James.
But looming over the discussion like a dark cloud was the recent news that HBO Sports would forgo live boxing from their programming slate starting in 2019 — a shocking, although not completely unforeseen, announcement. Between budget cuts, expanded competition, and the exodus of elite talent, boxing at HBO had been on the decline for several years. Still for more than 40 years, the two were inextricable. Household names like Sugar Ray Leonard, Mike Tyson, Roy Jones Jr., Oscar de la Hoya, Manny Pacquiao, and Floyd Mayweather Jr. all, at one point, captured the zeitgeist by fighting on the premium channel. Indeed, long before its scripted series began stockpiling Emmys, HBO was associated with two things: movie reruns and boxing.
So finally, right before the end of the panel, the host, SBJ’s John Ourand, prodded Nelson to address the ungainly elephant in the room. “The idea of boxing not being on HBO is something that’s almost unthinkable,” began Ourand. “It’s been such a rich part of the network’s legacy. Take us through that decision. Why did you decide to step away?”
“Sure,” Nelson said, as he adjusted himself in his seat, “it wasn’t a subjective decision…”
Meanwhile that same day, 10 blocks south at Madison Square Garden, Mexican superstar Saul “Canelo” Alvarez was preparing for a press conference to announce his New York City debut on December 15 against Rocky Fielding. That was just the teaser. The real headline was that Alvarez had signed with the streaming platform DAZN for a staggering $365 million for 11 fights, or five years. John Skipper, DAZN executive chairman and ex-ESPN head, opened the presser by declaring that “Today represents a major shift in over-the-top sports content.” Alvarez, the biggest active draw in North America, has appeared exclusively on PPV — mostly on HBO — for the past five years going back to his fight with Floyd Mayweather Jr. in 2013. To see Alvarez fight once meant viewers had to pay upwards of $85, a hefty financial proposition. Now, it would cost viewers $10, or the price of a monthly subscription fee to DAZN.
“The only way to watch this fight is to download the DAZN app and activate it,” Skipper told The Sweet Science. “The first one’s free. The next ten, you’ll need to be a subscriber to DAZN to watch the fight.”
In a time in which cordcutting and rising rights fees have battered the traditional television model, streaming, or OTT, has been hailed as the new frontier of the sports media landscape. For the most part, its adherents are still striving to find the right balance between content and monetization. In the case of DAZN, the company is also at pains to create a public profile, as it remains virtually unknown in the United States, unlike, say, ESPN+, which benefits from its association with “The World Wide Leader in Sports.” That said, DAZN is fairly well known internationally, in countries such as Italy and Japan, where the company owns extensive baseball and soccer rights. The Alvarez signing, to some extent, provides an instant stimulus for their US enterprise.
DAZN is betting that they can convert the Alvarez PPV buyer into a DAZN subscriber. The logic, after all, is in their favor. Why pay $85 to see Alvarez fight once, when you can pay a fraction of that for not only Alvarez, but a host of other combat sports content for an entire month? (DAZN also owns global rights to Bellator). Skipper, though, acknowledged the marketing hurdles ahead. “We still have to find those (potential subscribers), activate them,” admitted Skipper. “But I think if you believe that the three plus million people (in his last three fights combined) who paid $85 dollars to watch ‘Canelo’ fight would be willing to pay a lot less to watch him fight, I think this is a game changer.”
In years past it would have been unfathomable to imagine boxing without HBO at its helm. But there it was, on Wednesday, in striking juxtaposition, a glimpse at the future of the sport without the premium cable giant: Alvarez leaping headlong into the booming streaming business with a quarter-billion dollar contract in his pocket; the HBO Sport head talking about documentaries at an industry convention.
Yet, as always, the sport moves on. The emergence of Fox as a boxing player, the continued commitment from Showtime, the growth of ESPN and ESPN+, and the arrival of well-heeled disruptors like DAZN, are signs that the business is more than prepared to fill the void left by HBO. Indeed, the shifting landscape in the sport is a microcosm of a larger ongoing media trend, and boxing, in many respects, finds itself in the middle of the mainstream muddle. To this end, the two-day SBJ conference in New York afforded a chance to view the latest developments in boxing from a more holistic perspective, to see it in relation to the larger sports world. The Sweet Science was on hand to listen to — and on occasion, speak with — top sports media executives from across the spectrum.
An Appetite for Live Sports
What was perhaps most ironic about the presence of Nelson at the conference was that for the most part his fellow speakers were evangelists for live sports programming. ESPN head Jimmy Pitaro set the tone when he declared, “Everybody in this room knows how important live sports are. Live sports are moving the needle more than anything else. Look at what the top 10, top 20 shows are every week.”
MLS Senior vice president Seth Bacon reiterated this belief. “Live sports are the center from which all cross-promotional content —storytelling, fandom — come back to,” said Bacon.
And Mark Shuken, president of Pac-12 Networks, expressed much of the same: “People like to talk about the DVR-proof nature of live sports, but I think it is that immediacy, that communal nature that you gotta be there now to see it. How are you taking part in the tribal nature of sports? People want to talk about it, especially in today’s landscape, sports are a great distraction.”
Given the current market for live sports, then, it is little wonder that those who own the content wield considerable leverage. “Rights holders are in the driver’s seat,” said Lindsey Ross, director of rights for FloSports. Most executives on hand see rights fees only continuing to rise. “I feel bad for some of my colleagues up here,” one executive joked. “Sports rights are expensive.”
In boxing, the bustling streaming market has been a boon to boxers. Previously unconnected boxers, like Tevin Farmer and Danny Roman, are now making career purses after signing with DAZN. For the first time in decades, the highest payday for a boxer — at any level — is no longer tied to an appearance on HBO or, for that matter, Showtime.
Of course, HBO’s reasons for leaving boxing are well justified. Citing internal research, Nelson suggested that boxing not only mattered very little to HBO subscribers, but that buying more fights would not improve the overall subscribership.“So in looking at that,” Nelson told Ourand, “it became impossible to ignore. You know, the old Peter Drucker line ‘there’s nothing so useless as doing efficiently that which should not be done at all.’”
Since DAZN began in September, few weekends have gone in which there were not multiple boxing cards occurring — sometimes concurrently — from all around the world, from a variety of competing platforms. Some observers are convinced that boxing has turned over a new leaf and that the latest streaming ventures are evidence of a healthy sport. But it remains to be seen how long this level of pace and volume will last.
Boxing “Beachhead”
During a panel on direct-to-consumer relations, Brian Socolow, legal counsel for DAZN and co-chair at the firm Loeb & Loeb, had this to say: “DAZN wants to be the Netflix of sports, not just boxing.” The statement is illuminating for a couple reasons. One, it shows that DAZN regards boxing as a steppingstone, albeit a very expensive one. Two, the comparison to the entertainment giant shows just how ambitious the company plans to be. (DAZN is owned by billionaire Len Blavatnik.)
“Certainly the consumer wants fighting sports,” continued Socolow, “ but the consumer also wants a whole lot more than that and you probably need that as a business model to expand beyond that.”
The expectation is that once major rights are up for negotiation, DAZN will bid aggressively for pieces of mainstream sports, like the NFL, NBA, and MLB. In the meantime, that is where boxing comes in.
Talking about DAZN’s entry into the US market through boxing and MMA, Socolow referred to the move as “beachhead,” business shorthand for the type of strategy in which an investment is made in small markets before pursuing larger ones. “Right now [DAZN’s] focus has been on boxing and fighting sports,” said Socolow. “I think it’s a good way as they come into the United States and get the beachhead (for combat sports). But I think the intent there is to grow beyond that. I think they have to.”
But there are big question marks as to whether DAZN will be able to carve out what they require from boxing, a perennially hostile territory. The list of failed endeavors in boxing, after all, from crass peddlers to honest do-gooders, runs longer than most Senate bills. For all the ballyhoo that accompanied their US announcement earlier in the spring, the first card DAZN launched featured Jessie Vargas against Thomas Dulorme in boxing-averse Chicago. And despite the bellicose courting from Hearn, DAZN was unable to persuade some of the biggest names aligned with the PBC, including Adrien Broner, Gervonta Davis, and the Charlo twins, to join its ranks. No doubt, DAZN has dramatically improved its standing with the signing of Alvarez, and together with the UK’s Anthony Joshua, the platform can claim to have the exclusive rights to the two biggest box office stars on both sides of the Atlantic. Outside of those fighters, however, their roster quickly thins out. The November 17 card featuring Brandon Rios and Gabriel Rosado, two fighters way past their primes, is a tacky exercise in hodgepodge and mediocrity, and characteristic of some of DAZN’s bottom-heavy rotation.
Yet part of their strategy seems to be working, at least as it pertains to the middleweight division. Three of the four major title belts belong to Alvarez and new signee Demetrius Andrade. The other title holder, Danny Jacobs, is currently a network free agent, but as he is promoted by Hearn, it is expected he will appear on DAZN before long. And if Gennady Golovkin decides to join as well, as reports indicate, his presence would then give DAZN a veritable hold on one of the more intriguing and competitive divisions in boxing.
Silicon Valley “Experiments”
Not everyone is as aggressive as DAZN.
When asked about the pressure to compete with highly-strapped competitors like DAZN, Portia Archer, NBC vice president of direct-to-consumer services, told The Sweet Science, “We’re not in the business of they do 65 (million), we’ll do 70 (million).” (Sports Gold, NBC’s subscription over-the-top service, currently offers ten sports, with three more soon to be added. While Archer acknowledged that her colleagues were currently working out a potential deal with promoter Main Events, boxing is not on the radar for the app).
Such sentiment extends beyond the traditional power players.
In a recent SBJ article, Ourand pointed out how Silicon Valley titans have yet to pursue sports rights in a vigorous way and remain generally in the experimental stage. “Amazon, Facebook, Twitter and Youtube have made sports investments in the United States,” wrote Ourand. “But they view those investments more as market tests than full-blown business strategies.”
This scenario largely describes what is going on at Facebook through its free VOD service Facebook Watch. Currently, Facebook, which also owns Instagram, has rights deals with the MLB, LPGA, Golden Boy Promotions, high school football games in Florida, and various soccer leagues.
Peter Hutton, Facebook’s newly-hired head of live sports programming, was on hand for the conference, and while he pointed out that the company was “very much [at] a listen, learn, watch, experiment stage,” he also insisted that their involvement with sports was not just a casual dalliance. “Whether it is South American soccer or whether it is major league baseball here in the US, there’s clearly a few bets being made and we’re looking at the data on the back of that,” Hutton told The Sweet Science. “I think it’s more important to say how do we integrate ourselves with a sport on a long time basis.”
Speaking specifically about boxing, Hutton explained that Facebook was not looking at boxing as “a short term, one fight, two fight sort of an experiment” and that he sees a natural affinity between the two.
“Boxing and Facebook is a quite an interesting story going forward,” Hutton explained. “If you think about the power of boxing it’s very much about creating stories and creating credibility about fights and therefore that social engagement around the fight is something that I think Facebook and Instagram and the rest of our platform can really be a part of. You need a dripfeed of information, you need that sense that what you’re going to watch is important and helping the boxers to tell that story and put regular content out before a fight and develop that route through watching a live experience. I think that is a really good balance, the sport and the social networks.”
One of the questions brought up in Ourand’s article is if social media companies actually need to own the content to live sports. Sports-leaning social media users, after all, constantly engage with sports content that is not owned by Facebook, like the NBA and NFL, say. Hutton believes that there are clear advantages to owning the content outright. In the case of boxing, given its relatively simple structure — a small circumscribed ring and two righters — Hutton sees an opportunity for Facebook to experiment with the actual live experience with their robust virtual reality technology. Facebook owns the virtual reality company Oculus and has bought hundreds of patents related to VR and augmented reality technology. In the end, Hutton wants to offer a sports product that is sui generis, that only Facebook can offer.
“We’ll look at the data through the deals that we’ve got through Golden Boy and see the popularity of the sport and how well it works,” said Hutton. “We don’t just want to show sport, we want to show sport that gives viewers a better experience and we want it to be positive. We don’t want it to be a worse version of what we’ve had historically.”
(Part of the Alvarez-DAZN signing called for guaranteed Golden Boy dates, so it is not immediately clear if Golden Boy will continue to work with Facebook.)
ESPN and “Audience Expansion”
Drawing more viewers and subscribers is the mandate for any platform. But for a fixture like ESPN that has seen its viewership dwindle rapidly in recent years, the issue is existential. But during an interview with Ourand, Pitaro had some good news to share: For four quarters in a row, ESPN had seen a net subscriber decline. In other words, ESPN is still losing subscribers, just not as quickly as they once were.
One reason for that is likely because of ESPN+. Of all the streaming platforms operating in the United States, ESPN+ currently has the largest and most diverse portfolio of live sports under its belt. This includes mainstream sports such as NCAA basketball, NHL, MLB, and college football but also what ESPN head Pitaro, in a rare public appearance on the second day of the conference, described as “niche sports.”
“We’re interested in the pure point of big needle movers but we’re also just as interested in what’s now in the smaller niche sports,” said Pitaro. “So if you look on ESPN+ right now we have rugby, we have cricket, we have lacrosse, we have partnership with the Ivy League network.”
This also includes boxing — that is, Top Rank Boxing. The deal, struck back in 2017, was a major improvement on the usual club-fare shows that ESPN produced, namely through its Friday Night Fights series. ESPN would support Top Rank boxing through ancillary programming and a slew of primetime dates. Both parties seem to be enjoying a measure of success. Most recently in October, Terence Crawford-Jose Benavidez Jr. averaged 2.2 million viewers on a Saturday night, the second highest Top Rank-ESPN telecast since the beginning of their deal in 2017. Earlier this year, Top Rank and ESPN renewed their partnership with a seven year extension to showcase 54 live events through 2025.
Surprised by ESPN’s decision to strike up rights deals with combat sports entities, Ourand asked Pitaro, “If you would have told me 5 years ago that ESPN would have boxing programming and doing a deal with UFC I never have thought that would happen. What happened?
“Audience expansion,” Pitaro stated. “The main driver behind that deal was expanding our audience and presenting content that we think will speak to a younger generation.”
Pitaro singled out Top Rank president Todd duBoef for understanding exactly what their boxing programming needs to look like in order to attract more subscribers.
“Top Rank is run by a very progressive, a very intelligent guy named Todd duBoef,” said Pitaro, “and Todd is correctly focused on all the right things including expanding the reach, making boxing more popular around the globe and he believed that the best way to do that was partnering with ESPN.”
On ESPN+, Top Rank has shown fight cards from around the world, as far flung as Japan, Bulgaria and England. It also recently inked a deal with UK promoter Frank Warren to stream all of his fights on the app. All of which to say that there is an explicit corporate agenda in place for Top Rank, unlike its tenure with HBO, and that is to ensure that their fights drive subscribers to ESPN and ESPN+. So far, the results have been positive. In September, ESPN announced that the app had surpassed the one million subscriber mark, which many pundits considered impressive. (It should be pointed out that a reported roughly 300,000 of those subscriptions were brought in through ESPN’s existing paywall service, Insider).
Fragmentation
The current economic upswing in boxing — “it’s a great time to be a fighter,” is a common refrain heard around the industry — may taper out as initial investments flounder and the market comes back down to reality. Some executives were skeptical that the current proliferation of streaming platforms could be sustained in the long haul. “I don’t believe we’re going to find people who want 14 different type of OTT services,” said Hania Poole, vice president of BR Live, during a panel. Poole predicts that a degree of consolidation will be in order. “I think we’re going to go back to where television started with 3 or 4 networks. Sports becomes a premium piece of that package. Kind of like what the old world looked like but with a new delivery service, with one billing system, one password. I don’t see how this fragmentation can continue.”
NBC’s Archer was also similarly skeptical, but believed that the new model that streaming presents is here to stay. “Our fans are focused on customization and personalization. They really want something that is for them. I don’t see the interest in recreating something that they formally had. If we could keep that principle in mind and figure out what the right mix is so that you don’t have 15, or 20 or some unmanageable number (of apps), then perhaps (that will work).
The last thing an unregulated sport like boxing needs is more fragmentation, but the early signs suggest that the latest streaming deals have only reified the grand old political divisions. With Matchroom (and perhaps Golden Boy) now working exclusively with DAZN, Top Rank with ESPN, and PBC with Showtime and Fox, the current climate discourages collaboration. For example, neither a Terence Crawford vs. Errol Spence Jr. or an Anthony Joshua vs. Deontay Wilder fight is likely to materialize anytime soon because of conflicting broadcast alliances. Such conflicts are nothing new, but with promoters now incentivized to spur the subscriber base of their respective broadcasters, there is one less reason to come to together at the table. DAZN, for example, is not about to let Joshua, its marquee signee, hop over to Showtime/Fox to fight Wilder — not when it has a business to build.
Back in May, The Sweet Science asked Top Rank’s Todd duBoef if he had any intention to let 140-pound champion Jose Ramirez participate in the WBSS series to face the other top fighters in the division. duBeof’s response was instructive. “I’m building an enterprise here,” he answered. “Why would I work five years developing a product just to give it away?” If Top Rank feels that strongly about Ramirez, why should it be any different with Crawford?
HBO is gone, yes, and the boxing landscape may look more different than ever, but the same problems appear no closer to being solved.
Check out more boxing news on video at The Boxing Channel
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Philly’s Jesse Hart Continues His Quest plus Thoughts on Tyson-Paul and ‘Boots’ Ennis
Jesse Hart (31-3, 25 KOs) returns to the ring tomorrow night (Friday, Nov. 22) on a Teflon Promotions card at the Liacouras Center on the campus of Temple University. During a recent media workout for the show, which will feature five other local fighters in separate bouts, Hart was adamant that fighting for the second time this year at home will only help in his continuing quest to push towards a second chance at a world championship. “Fighting at home is always great and it just makes sense from a business standpoint since I already have a name in the sport and in the city,” said Hart (pictured with his friend and training partner Joey Dawejko).
Hart’s view of where his career currently resides in relation to the landscape in the light heavyweight division leads you to believe that, at the age of 35, Hart is realistic about how far he can go before his career is over.
“Make good fights, win those fights, fight as much as I can and stay busy, that’s the way the light heavyweight division won’t be able to ignore me,” he says. Aside from two losses back in 2017 and 2018 to current unified cruiserweight champion Gilberto Ramirez at super middleweight, Hart’s only other defeat was to Joe Smith during Smith’s most successful portion of his career.
When attempts to make fights with (at the time) up-and-coming prospects like Edgar Berlanga and David Benavidez were denied with Hart being viewed as the typical high risk-low reward opponent, it was time to find another way. So, Hart decided to stay local after splitting with Top Rank Promotions post-surgery to repair his longtime right-hand issues and hooked up with Teflon Promotions, an upstart company that is the latest to take on the noble endeavor of trying to return North Broad Street and Atlantic City to boxing prominence.
In essence, it is a calculated move that is potentially a win-win situation for all parties. Continued success for Hart along with some of the titles at light heavyweight eventually being released from Artur Beterbiev’s grasp due to outside politics, and Jesse Hart just may lift up Teflon Promotions into a major player on the regional scene.
Tickets for Friday’s show are available on Ticketmaster platforms.
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As we entered November, a glance at the boxing schedule made me wonder if it was possible for the sport to have a memorable month — one that could shine a light forward in boxing’s ongoing quest to regain relevance in today’s sports landscape. Having consecutive weekends with events that could spark interest in the pugilistic artform and its wonderful characters was what I was hoping for, but what we got instead was more evidence that boxing isn’t immune to modern business practices landing a one-two punch on the action both inside and outside of the ring.
Jaron “Boots” Ennis was expected to make a statement in his rematch with Karen Chukhadzian on Nov. 9, a statement to put the elite level champions around his weight class on notice. What we witnessed, however, was more evidence of how current champions in their prime can be hampered by having to navigate a business that functions through the cooperation of independent contractors. Ennis got the job done – he won – but it was a lackluster performance.
It’s time for Ennis to fight the fighters we already thought we would have seen him fight by now and I do believe there is some truth to Ennis rising to the occasion if there was a more noteworthy name across the ring.
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Some positives emerged from the Mike Tyson-Jake Paul event the following week. Amanda Serrano, Katie Taylor, and women’s boxing are finally getting the public recognition they deserve. Mario Barrios’s draw against the tough Abel Ramos, also on the Netflix broadcast, was an action-packed firefight. So, mainstream America and beyond got to witness actual fights before being subjected to Paul’s latest circus.
Unfortunately for fans, but fortunately for Paul, the lone true boxing star in the main event dimmed out from an athletic standpoint decades ago. In this instance modern business practices allowed for a social media influencer to stage his largest money grab from a completely unnuanced public.
As Paul rose to the ring apron from the steps and looked around “Jerry’s World,” taking in the moment, it reminded me of an actual fighter when they’re about to enter the ring taking in the atmosphere before they risk their lives after a lifetime of dedication to try and realize a childhood dream. In this case though, this was a natural-born hustler realizing as he made it to the ring apron that his hustle was likely having its moment of glory.
In boxing circles, Jake Paul is viewed as a “necessary evil.” What occurs in his fights are merely an afterthought to the spectacle that is at the core of the social media realm that birthed him. Hopefully the public learned from the atrocity that occurred once the exhibition started that smoke and mirrors last for only so long. Hopefully Paul’s moment of being a boxing performer and acting like a true fighter comes to its conclusion. But he isn’t going away anytime soon, especially since his promotional company is now in bed with Netflix.
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Boxing Odds and Ends: Oscar Collazo, Reimagining ‘The Ring’ Magazine and More
With little boxing activity over the next two weekends, there’s no reason to hold off anointing Oscar Collazo the Fighter of the Month for November. In his eleventh pro fight, Collazo turned heads with a masterful performance against previously undefeated Thammanoon Niyamtrong, grabbing a second piece of the title in boxing’s smallest weight class while ending the reign of the sport’s longest-reigning world title-holder. The match was on the undercard of the Nov. 16 “Latino Night” show in Riyadh, Saudi Arabia headlined by the cruiserweight tiff between Mexico’s Zurdo Ramirez and England’s Chris Billam-Smith.
Collazo was a solid favorite, but no one expected the fight would be as one-sided. Collazo put on a clinic, as the saying goes. He took the starch out of Niyamtrong with wicked body punches before ending matters in the seventh. A left uppercut sent the Thai to the canvas for the third time and the referee immediately stepped in and stopped it.
Collazo, wrote Tris Dixon, “dissected and destroyed a very good fighter.” Indeed. A former Muay Thai champion, Niyamtrong (aka Knockout CP Freshmart) brought a 25-0 record and was making the thirteenth defense of his WBA strap.
A Puerto Rican born in Newark, Jersey, Oscar Collazo turned pro after winning a gold medal in the 2019 Pan American games in Lima, Peru. He was reportedly named after Oscar De La Hoya (we will take that info with a grain of salt), names Hall of Famer Ivan Calderon as a mentor and is co-promoted by Hall of Famer Miguel Cotto.
Collazo, 27, won the WBO version of the 105-pound title in his seventh pro fight with a seven-round beatdown of Melvin Jerusalem. He won a world title faster than any Puerto Rican boxer before him.
His goal now, he says, is to become a unified champion. He would be the first from the island in the modern era. Although Puerto Rico has a distinguished boxing history – twelve Boricua boxers are enshrined in the International Boxing Hall of Fame — there hasn’t been a fully unified champion from Puerto Rico since the WBO came along in 1988.
The other belt-holders at 105 are the aforementioned Jerusalem (WBC) and his Filipino countryman Melvin Taduran (IBF). Both won their belts in Japan with upsets of the Shigeoka brothers, respectively Yudai (Jerusalem) and Ginjiro (Taduran). Collazo would be a massive favorite over either.
A far more attractive fight would pit Collazo against two-time Olympic gold medalist Hasanboy Dusmatov. In theory, this would be an easy fight to make as the undefeated Uzbek trains in Indio, California, a frequent stomping ground of Collazo’s co-promoter Oscar De La Hoya who had a piece of the action when Dusmatov made his pro debut in Mexico. However, it’s doubtful that Dusmatov’s influential advisor Vadim Kornilov would let him take such a treacherous fight until the match-up had been properly “marinated,” by which time they both may be competing in a higher weight class. The Puerto Rican, who began his pro career at 110, is big for the 105-pound division notes the noted boxing historian Matt McGrain who is partial to the little guys.
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Outside the ropes, the big news in boxing in November was the news that The Ring magazine had been sold to Turki Alalshikh. The self-acclaimed Bible of Boxing, which celebrated its 100th anniversary in 2022, was previously owned by a subsidiary of Oscar De La Hoya’s company, Golden Boy Enterprises, which acquired the venerable publication in 2007. Alalshikh purportedly paid $10 million dollars.
Alalshikh, the head of Saudi Arabia’s General Entertainment Authority, confirmed the sale on social media on Monday, Nov. 11.
“Earlier this week, I finalized a deal to acquire 100% of The Ring Magazine, and I want to make a few things clear,” he said. “The print version of the magazine will return immediately after a two year hiatus and it will be available in the US and UK markets. The magazine will be fully independent, with brilliant writers and focusing on every aspect in the sport of boxing. We will continue to raise the prestige of The Ring Titles, and plans are already underway to have a yearly extravagant awards ceremony to celebrate the very best in the boxing industry.”
Alalshikh, blessed with an apparently unlimited budget, is already the most powerful man in the sport and more than a few concerns have been raised about his latest venture, especially in light of an incident involving prominent British scribe Oliver Brown.
Brown, the chief sports writer for the Telegraph who had previously covered three of Tyson Fury’s fights in Saudi Arabia, had his credential pulled for the Joshua-Dubois show at Wembley Stadium after calling the event “a grisly conduit for glorifying the Saudi regime.”
“I frankly do not trust Alalshikh to keep his personal aims from influencing the publication’s content,” says boxing writer Patrick Stumberg. One thing is certain: So long as the publication remains in the hands of the Saudis, the word “sportswashing” will never appear in the pages of The Ring magazine.
The Ring is the second major online boxing magazine to change hands this year. In February, Boxing Scene, one of the most heavily-trafficked sites in the ecosystem, was sold to Canadian-American entrepreneur Garry Jonas, best known as the founder of ProBox, a promotional entity headquartered in Plant City, Florida.
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Mike Tyson’s showing against Jake Paul was mindful of something that Jimmy Cannon once wrote: “…the flesh was corrupted by time. The mind operated as if it was in another man’s head…the talent has been contaminated by age.”
Cannon was describing Joe Louis in Louis’s farewell fight against Rocky Marciano.
True, Jake Paul is no Rocky Marciano. To include their names in the same sentence borders on sacrilege. But the fabled Brown Bomber was 37 years old when he was rucked into retirement by Marciano on that October night at Madison Square Garden. At age 58, Mike Tyson was old enough to be Joe Louis’s father and yet human lemmings by the thousands couldn’t resist betting on him.
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The Hauser Report: Some Thoughts on Mike Tyson vs. Jake Paul
Jake Paul boxed his way to a unanimous decision over Mike Tyson at AT&T Stadium in Arlington, Texas, on Friday night. The bout, streamed live on Netflix, was one of the most-watched fights of all time and, in terms of the level of competition, boxing’s least-consequential mega-fight ever.
We’re living in a golden age for spectator sports. Sports generate massive amounts of money from engaged fan bases and are more popular now than ever before. Today’s athletes are more physically gifted, better conditioned, and more skilled than their predecessors. Their prowess is appreciated and understood by tens of millions of fans.
Not so for boxing. For the sweet science, this is an era of “fools’ gold.” Yes, fighters like Oleksandr Usyk, Canelo Alvarez, Terence Crawford, and Naoya Inoue bring honor to the sport. But boxing’s fan base has dwindled to the point where most people have no idea who the heavyweight champion of the world is. The sport’s dominant promoter has a business model that runs hundreds of millions of dollars a year in the red. And most fights of note are contested behind a paywall that shrinks the fan base even more. Few sports fans understand what good boxing is.
Mike Tyson is 58 years old. Once upon a time, he was the most destructive boxer in the world and “the baddest man on the planet.” Prior to last Friday night, he hadn’t fought in nineteen years and hadn’t won a fight since 2003.
Jake Paul is a 27-year-old social media personality who wasn’t born when Tyson lost his aura of invincibility at the hands of Buster Douglas. Paul began boxing professionally three years ago and, before fighting Tyson, had compiled a 10-1 (7 KOs) record against carefully chosen opponents.
Netflix has roughly 283 million subscribers globally, 84 million of them in North America. Recently, it made the decision to move into live sports. On December 25, it will stream the National Football League’s two Christmas games on an exclusive basis.
Netflix took note of the fact that Tyson’s 2020 exhibition against Roy Jones drew 1.6 million pay-per-view buys and concluded that Tyson-Paul had the potential to be the most-viewed fight of all time. It purchased rights to the fight as an attention grabber and subscription seller for (a best-estimate) $40 million.
Tyson-Paul was originally scheduled for July 20. A compliant Texas Department of Licensing and Regulations sanctioned the bout as an official fight, not an exhibition. In deference to Tyson’s age, the fighters agreed that the match would be contested over eight two-minute rounds (women’s rules) with 14-ounce gloves (heavyweight gloves normally weigh ten ounces).
But on May 26, Tyson became nauseous and dizzy while on a flight from Miami to Los Angeles and needed medical assistance for what was later described as a bleeding ulcer. The fight was rescheduled for November 15. Later, Tyson described the incident on the plane as follows: “I was in the bathroom throwing up blood. I had, like, eight blood transfusions. The doctor said I lost half my blood. I almost died. I lost 25 pounds in eleven days. Couldn’t eat. Only liquids. Every time I went to the bathroom, it smelled like tar. Didn’t even smell like shit anymore. It was disgusting.”
Does that sound like a 58-year-old man who should be fighting?
As Eliot Worsell noted, Tyson-Paul contained all the elements of a successful reality show. “There are for a start,” he wrote, “celebrities involved, two of them. One is ‘old famous’ and the other ‘new famous’ and both bring large audiences with them. They need only tap something on their phone to guarantee the entire world pays attention. And that, in this day and age, is all you really need to green light a project like this.”
But Worsell added a word of caution, observing, “This has been the story of Jake Paul’s pro boxing career to date; one of smoke and mirrors, one of sycophants telling him only what he wants to hear. He has been fed a lie just as Mike Tyson is now being fed a lie, and on November 15 they will both play dress-up and be watched by millions. They will wear gloves like boxers and they will move like boxers – one hampered in this quest by old age and the other by sheer incompetence – and they will together make ungodly sums of money.”
There was early talk that 90,000 fans would jam AT&T Stadium on fight night. Initially, ticket prices ranged from $381 to $7,956. And those prices were dwarfed by four tiers of VIP packages topped by a two-million-dollar “MVP Owner’s Experience” that included special ringside seating at the fight for six people, luxury hotel accommodations, weigh-in and locker room photo ops, boxing gloves signed by Tyson and Paul, and other amenities.
But by Monday of fight week, ticket prices had dropped to as little as $36. Ringside seats were available for $900. And the press release announcing the eventual MVP Owner’s Experience sale backtracked a bit, saying the package was “valued at $2 million” – not that the actual sale price was $2 million. It also appeared that the purchase price included advertising for the law firm that purchased the package since the release proclaimed, “Just as every fighter in the ring stands to represent resilience, grit, and the pursuit of victory, TorkLaw stands in the corner of the people, fighting for justice and empowering those who need it most.”
That said, the fight drew 72,300 fans (inclusive of giveaway tickets) to AT&T Stadium. And the live gate surpassed $18 million making it the largest onsite gate ever in the United States for a fight card outside of Las Vegas. More than 60 million households watched the event live around the world.
The undercard featured a spirited fight between Mario Barrios and Abel Ramos that ended in a draw. Then came the second dramatic showdown between Katie Taylor and Amanda Serrano.
Taylor-Serrano II was for all four major sanctioning body 140-pound belts. Two years ago, Katie and Amanda did battle at Madison Square Garden on a historic night that saw Taylor emerge with a controversial split-decision win. Katie is now 38 years old and her age is showing. Amanda is 36. Taylor was an early 6-to-5 betting favorite in the rematch but the odds flipped late in Serrano’s favor.
Amanda began Taylor-Serrano II in dominating fashion and wobbled Katie just before the bell ending round one. That set the pattern for the early rounds. Serrano looked like she could hurt Taylor, and Taylor didn’t look like she could hurt Serrano.
Then in round four, Serrano got hurt. A headbutt opened a gruesome gash on her right eyelid. As the bout progressed, the cut became more dangerous. From an armchair perspective, it looked as though the fight should have been stopped and the result determined by the judges’ abbreviated scorecards. But the ring doctor who examined Serrano allowed it to continue even though the flow of blood seemed to handicap Amanda more and more with each passing round.
In round eight, referee Jon Schorle took a point away from Taylor after the fourth clash of heads that he thought Katie had initiated. By then, Serrano’s face resembled a gory Halloween mask and the bout had turned into a non-stop firefight. Each woman pushed herself as far as it seemed possible to go.
In the eyes of most observers, Serrano clearly won the fight. This writer scored the bout 96-93 in Amanda’s favor. Then the judges had their say. Each one favored Taylor by a 95-94 margin.
“My God!” blow-by-blow commentator Mauro Ranallo exclaimed after the verdict was announced. “How does one rob Amanda Serrano after a performance like that?”
In keeping with the hyperbole of the promotion, one might say that it was the most-watched ring robbery (although not the worst) in boxing history.
CompuBox is an inexact tabulation. But there’s a point at which the numbers can’t be ignored. According to CompuBox, Serrano outlanded Taylor in nine of ten rounds with an overall 324-to-217 advantage in punches landed.
From a boxing standpoint, Taylor-Serrano II made the evening special. Casual fans who don’t know much about the sweet science saw a very good fight. But they also saw how bad judging undermines boxing.
Meanwhile, as good as Taylor-Serrano II was, that’s not what Netflix was selling to the public. Jake Paul’s most recent events had engendered disappointing viewer numbers. This one was a cultural touchstone because of Tyson.
Paul has worked hard to become a boxer. In terms of skills, he’s now a club fighter (which is more than 99.9 percent of the population could realistically dream of being). So, what happens when a club fighter fights a 58-year-old man who used to be great?
Jack Johnson fought until the age of 53, losing four of his last six bouts. And the two he won were against opponents named Rough House Wilson (who was disqualified in what would be his only recorded professional fight) and Brad Simmons (who was barred from fighting again in Kansas because he was believed to have thrown the fight against Johnson).
Larry Holmes fought until age 52, knocking out 49-year-old Mike Weaver at age 51 and winning a unanimous decision over Eric Esch (aka Butterbean) in his final bout.
Paul was a 2-to-1 betting favorite. Serious PED testing for the fight was a murky issue but seems to have been minimal. Taylor and Serrano underwent VADA testing in advance of their bout. Tyson and Paul didn’t.
Tyson weighed in for the contest at 228.4 pounds; Paul at 227.2 (well over his previous high of 200). Following the weigh-in, Mike and Jake came face to face for the ritual staredown and Mike slapped Jake. But the incident was self-contained with no ripple effect and had the feel of a WWE confrontation.
That raised a question that was fogging the promotion: “Would Tyson vs. Paul be a ‘real’ fight or a pre-arranged sparring session (which was what Tyson vs. Roy Jones appeared to be)?”
That question was of particular note because sports betting is legal in 38 states and 31 of them were allowing wagers on the fight.
Nakisa Bidarian (co-founder of Paul’s promotional company) sought to lay that issue to rest, telling ESPN, “There’s no reason for us to create a federal fraud, a federal crime. These are pro fights that consumers are making legal bets on. We have never and we’ll never do anything that’s other than above board and one hundred percent a pro fight unless we come out clearly and say, ‘Hey, this is an exhibition fight that is a show.'”
Tyson looked old and worried during his ring walk and wore a sleeve on his right knee. The crowd was overwhelmingly in his favor. But it’s an often-repeated truism that the crowd can’t fight. And neither could Mike.
Once upon a time, Tyson scored nine first-minute knockouts in professional fights. Not first-round. First-minute.
Against Paul, “Iron Mike” came out for round one as hard as he could (which wasn’t very hard) while Jake kept a safe distance between them. Then Tyson tired and took all the air out of the fight. By round three, he was in survival mode with his head tucked safely behind his 14-ounce gloves. And Jake didn’t have the skills to hurt him.
The CompuBox numbers favored Paul by a 78-to-18 margin in punches landed. In other words, Tyson landed an average of two punches per round. The judges’ scores were 80-72, 79-73, 79-73 in Jake’s favor. It was a “real” fight but a bad one.
“I love Mike Tyson,” Terence Crawford posted on X afterward. “But they giving him too much credit. He looked like trash.”
Prior to the bout, Tris Dixon wrote, “Tyson-Paul is a weird event, and I can’t think of anything even remotely like it in terms of the level of fighters, celebrity, and their ages. The event is unique, and morally and ethically it is questionable. It is a cynical cash grab. I can’t see it being particularly entertaining as a high-level sporting event. But I’m sure once it starts you won’t be able to take your eyes off it.”
All true. But let’s remember that there was a time when Mike Tyson was universally recognized as the best fighter in the world. Not many people in history have been able to say that.
—
Thomas Hauser’s email address is thomashauserwriter@gmail.com. His most recent book – MY MOTHER and me – is a personal memoir available at www.amazon.com/My-Mother-Me-Thomas-Hauser/dp/1955836191/ref=sr_1_1?crid=5C0TEN4M9ZAH&keywords=thomas+hauser&qid=1707662513&sprefix=thomas+hauser%2Caps%2C80&sr=8-1
In 2004, the Boxing Writers Association of America honored Hauser with the Nat Fleischer Award for career excellence in boxing journalism. In 2019, Hauser was selected for boxing’s highest honor – induction into the International Boxing Hall of Fame.
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