Earlier this year when it was revealed that Manny Pacquiao and his
team would be taking their boxing side show to Asia, full-time, it was
understood that they would be doing so at the expense of their
marketability in the U.S. However, it's quite possible that Team
Pacquiao may be shocked at just how much of the American market they
will actually end up losing because of their decision. As a matter of
fact, business for the Filipino icon's next pay-per-view card could turn
out to be downright pathetic for such a high-end event.
Scheduled
for November 23 in Macau, China, Manny Pacquiao vs. Brandon Rios is an
outstanding "must win" match-up for both fighters and a guaranteed
action fight between two of boxing's best offensive stars. Still, the
buy rate for this stellar bout could be shockingly low.
But the problem with selling Pacquiao-Rios will have nothing to do with the product, itself.
The
fall of 2013 will likely go down as the strongest boxing season in
recent memory with Pacquiao-Rios being one of the last big bouts in this
amazing stretch. From mid-September to early December, a who's who of
boxing's biggest names will be fighting -- from Floyd Mayweather, Canelo
Alvarez, Bernard Hopkins, and Adrien Broner to Manny Pacquiao, Juan
Manuel Marquez, Miguel Cotto, and Julio Cesar Chavez Jr. There are,
literally, dozens of quality bouts signed with more being added all the
time. What's troubling for Team Pacquiao, though, is the fact that there
are already four pay-per-views planned -- and theirs is the last on the
schedule.
On September 14, Golden Boy's "The One" is
showing signs of being a monster seller with Mayweather-Alvarez heading a
bill that also includes Danny Garcia vs. Lucas Mattyhsse.
On
October 12, Pacquiao's promoter, Top Rank, will broadcast the Juan
Manuel Marquez-Timothy Bradley card as a pay-per-view as well,
surprising more than a few experts with the bold money grab so close to a
big Pacquiao show.
Recently, Golden Boy CEO Richard Schaefer announced that his company would be adding a November 9 event to the PPV schedule, billed
by him as "a dream card of fights." The lineup is still very much at
the rumor stage, but Adrien Broner vs. Marcos Maidana is seeming quite
possible as one of the co-headlining bouts.
The addition of
a November 9 pay-per-view officially makes it four pay cards in the
span of 10 weeks, assuming no independent show pops up between now and
then, with Pacquiao's coming at the tail end and just about one month
from Christmas.
Considering the timing and the aggressive
sales push devoted to it, the easiest sell of the four shows will likely
be Mayweather-Alvarez. After that, it's anybody's guess as to the buy
rate of the three remaining events. Fans will be asked to dig deep into
their pockets this fall and it remains to be seen whether the American
fight fan, still struggling with a stagnant economy, can be nudged into a
pugilistic buying frenzy.
In Pacquiao's case, fans will be
asked to dig in just as Christmas shopping season begins. And Team
Pacquiao will have to figure out how to make their sales pitch without
the benefit of having their star on American soil, available to do
countless public appearances and TV show drop-ins.
It could
very well be the case that Pacquiao and his team are fully devoted to
exploiting the rich Asian market now and consider any American dollar
they get as pure bonus. If that's the case, then there's no problem with
giving a half-effort in promoting a show buried in competition.
But
if the American market is still important to Team Pacquiao, they may be
in for a rude awakening when all the numbers are counted for
Pacquiao-Rios. Manny has established plenty of good will with American
fight fans, but it's always a mistake to take consumers for granted.
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