Mayweather’s CEO accuses Eddie Hearn of blowing away $1 million DAZN budget

Floyd Mayweather Promotions CEO Leonard Ellerbe recently accused Matchroom promoter Eddie Hearn of squandering the $1 billion budget DAZN gave him.

Eddie Hearn signed with DAZN in April 2021. Matchroom President has left his position at Sky Sports in the UK to enter the US market and provide a new way for boxing fans to watch matches. fight.

Unlike other broadcasters, DAZN offers a subscription service where a monthly fee allows you to watch the majority of boxing matches at no extra cost. In the UK, DAZN currently costs £8.99 a month while in the states it costs $9.99.

However, DAZN was forced to introduce a pay-per-view model for the most lucrative matches so that the boxers and all other parties were fully paid. Canelo Alvarez vs. Dmitry Bivol is part of a DAZN subscription in the UK but costs US residents an extra $59.99.

Furthermore, despite their growing number of registrations, DAZN is considered a failed business at the moment. Billionaire investor Sir Len Blavatnik was forced to inject another $4.3 billion into DAZN to stave off bankruptcy in February.

On the bright side, Hearn managed to sign some of the most famous boxers in the world to enhance DAZN’s reputation. Alvarez recently signed a two-way deal with Matchroom, which includes his recent loss to Bivol and a potential trilogy against Gennadiy Golovkin in September.

The biggest women’s boxing match of all time between Katie Taylor and Amanda Serrano taking place on April 30 was also broadcast on DAZN and received high ratings.


There is no love lost between Eddie Hearn and Leonard Ellerbe

The feud between Hearn and Ellerbe has been going on for several months, and the Mayweather CEO’s comments are another dig by the British promoter.

When asked about Ellerbe in a recent interview, Hearn had harsh words for the American promoter.

Here’s what Hearn had to say in an interview with Professional Boxing Fans:

“This guy is so happy, so angry. I think I need to take him out for a nice cup of tea. How can you say ‘this guy doesn’t know what he’s doing’, look at me. We’re adults. best in the game, what are you? You work for Floyd Mayweather.”

Watch the full interview with Hearn on Pro Boxing Fans:

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Edited by Genci Papraniku

https://www.sportskeeda.com/pro-boxing/news-mayweather-s-ceo-accuses-eddie-hearn-blowing-away-1-million-dazn-budget?utm_source=feed&utm_medium=referral&utm_campaign=sportskeeda Mayweather’s CEO accuses Eddie Hearn of blowing away $1 million DAZN budget

Emma Bowman

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