Hearn Hoping Current Events Don’t Undermine Big Revenue Cards
As one of the leading men in boxing, Eddie Hearn has a mindset of getting things done no matter the cost. When it comes to the interest of the world, however, he may just have to let a few things go.
The coronavirus has left a path of destruction all over the world. Combat sports entities of various kinds have had to postpone several events as a result. Some areas won’t see events for a long time. Take Italy for example. Matchroom has already had to postpone several events there, and are just starting to in the United States. Hearn is hoping things can clear up so his big events can go on.
“Certain shows depend upon gate revenue, AJ (Anthony Joshua) isn’t dependent on that but it’s a big chunk,” Hearn stated, via Boxing Scene. “Usyk-Chisora we’ll take £2million at the gate. Whyte-Povetkin we’ve sold nearly 11,000 tickets already but that’s going to slow because people are going to wait now before buying.”
Officials limiting areas to a certain number of people have been a big factor in those showing up or events disappearing altogether. Among the events postponed for Matchroom are the following: Selby-Kambosos, Patera-Boschiero, Prograis-Hooker (as well as Cecilia Braekhus v. Jessica McCaskill) and Scardina-Francillette. Hearn and Matchroom have already sold tickets for some of the biggest shows of the summer, including the return of Anthony Joshua, Katie Taylor v. Amanda Serrano and more.
For Hearn, he is sticking to his plan unless things go sour.
“We go on, business as usual, until we are told otherwise by the government,” Hearn continued. “I spoke to the British Boxing Board of Control yesterday and they said the same thing. Their biggest problem is the doctors, having the right doctors ringside.
“My main concern is March 28 and April 4. But everything has a knock-on effect because you have ten fighters on that card saying ‘when am I fighting?’ and then the same the next week.”
Hearn is not a fan of the closed-door system that has been utilized recently. The UFC did that with UFC Brasilia and WWE has already done that with its recent shows. For him, he would be losing money on big shows people already spent money on. Venues with large arenas are his bag, but what if he is forced to turn his back on a card for safety concerns? Boxers need money, and the promotion itself gets money from fans and success.
“The phone hasn’t stopped but I haven’t got a clue, they’re all on at the moment,” Hearn stated when talking about big cards…”In America, we’re dependant on TV money but in the UK we’re dependent on gate.”
Hearn has managed to craft his big events to the summer, so there is a big chance these events will continue. With plans for Joshua and the heavyweight division in general, Hearn will be keeping a close eye on the rest of the world.
What should Hearn do in regards to big bouts coming up over the next few months?