QUOTE (The Original MrFactor @ Jul 22 2009, 08:15 PM)
Adamek should have made the Hopkins fight. He wont beat the middle of the top 10 at HW. He doesnt have the mouth that Haye has to get a shot at he Klits. A fight bewteen him and Haye might be a good thing though.
Hopkins was to blame for that shit. You can't blame Adamek for not taking that.
from an ESPN article awhile back when Hopkins first made that bullshit offer.
Now it's down the drain. From where I sit, and with no dog in the fight, the blame falls squarely on Golden Boy and Hopkins.
When I spoke to Duva on Wednesday morning, she told me that the deal came down to this: Golden Boy offered a mere $500,000 flat fee (which is ridiculous) to buy Adamek's services, meaning Adamek and Main Events would each be paid out of that fee while Golden Boy and Hopkins would keep the rest of the revenue. Duva said she and Schaefer estimated the fight would net between $4 million and $4.5 million.
Main Events expected to co-promote the bout and to split the money on a percentage basis, which it would negotiate. Duva said she asked for a 60-40 split in Adamek's favor, although she said that she was willing to work with Schaefer on the split.
To me, a percentage split was the only way to make a fight like this, one in which both fighters bring something significant to the table. Maybe they would have been able to make a percentage deal, maybe not. But for Hopkins to insist on paying Main Events $500,000 without recognizing Adamek's obvious value makes it seem he was just taking Adamek and Main Events for suckers. According to Duva, Main Events and Adamek split more than $500,000 for his defense in Newark last month, an eighth-round knockout against the relatively unknown Jonathan Banks. Obviously, a fight with Hopkins would generate way, way more money. Adamek and Main Events certainly should share in it.
Duva said Golden Boy wouldn't even consider a percentage deal, instead wanting to treat her side merely as an expense without regard for Adamek's value to the fight. While Hopkins brings his famous name and HBO money to the table, Adamek also brings a lot. He brings the title, which Hopkins wants. He brings significant foreign television money. And he brings a substantial gate because of the crowd he attracts to the Prudential Center, a venue solely developed by Main Events. A fight with Hopkins would probably generate a gate in excess of $1 million.
"The only offer they made was to give us $500,000," Duva said. "I didn't even take that seriously. They wanted all the control even though they were going for the champion, the guy who sells all the tickets and the guy who isn't 44. We weren't going to do the fight in a casino. We were talking about going to Newark, a market we built. We're not going to a casino for a site fee. Those tickets don't just sell themselves. My people get out there and work really hard to sell the tickets. We're not just going to turn over our market to Golden Boy and take a seat at the fight."
When I asked Duva if she thought Golden Boy was treating Main Events and Adamek like chumps with their offer, she said, "Either that, or they didn't really want to make the fight."
Duva said she was surprised by Golden Boy's unwillingness to come off the weak flat-fee offer.
"Richard told me that Hopkins said if you want to have a split, we can't do the fight," Duva said. "It's astonishing. Either Richard doesn't want to make the fight or Hopkins is out to lunch on his expectations. Half a million is silly. Tomasz generates that on his own against regular opponents. I told Richard come up with what you think is an equitable split or tell me what Hopkins wants and we'll buy you out."
Duva said she approached the negotiations with an open mind even though she hasn't always been happy with the way Golden Boy does business. She said when her fighter Joel "Love Child" Julio fought Golden Boy's James Kirkland on HBO's "Boxing After Dark" on March 7, the only way she could get the fight made was to give up options on Julio, an almost unheard-of practice in a nontitle fight or a fight in which neither boxer is a substantial economic force.
"That's what it has come to. That's how powerful they are," Duva said. "Everybody has to do that, or they don't get on 'Boxing After Dark' anymore, since Golden Boy has most of the dates. I had to bite the bullet and give them the options or I couldn't get Julio the fight. So I did it. Maybe that's why they thought I was a chump when we were talking about [Adamek-Hopkins]. What I think is that Bernard thought HBO would pay, like, $6 million for the fight, which wasn't going to happen."