Why Mikey Garcia vs. Regis Prograis didn’t occur ⋆ Boxing Information 24

By Allan Fox: Mikey Garcia isn’t combating Regis Prograis subsequent as a result of the cash that DAZN reportedly provided him was significantly lower than what he acquired in his final battle towards Jessie Vargas in February 2020.

Mikey is combating subsequent month towards fringe 140-lb contender Sandor Martin (38-2,13 KOs) on DAZN.

That’s a low-risk for Mikey, however he’s not getting the large cash he made towards Vargas. It’s believed that if Mikey acquired what he made towards Jessie Vargas, he would have agreed to battle Prograis.

It’s believed that Mikey wished the identical form of cash combating Prograis that he acquired for the Vargas battle, however the marketplace for what the networks are paying fighters has modified because of the pandemic.

So as a substitute of fighters probably Mikey (40-1, 30 KOs) getting paid the massive cash he made towards Vargas, he’s going to be given much less for what could be a tough battle.

For Mikey to get his pay moved as much as what it was as soon as, he’s acquired to battle continuously, and he’s acquired to be going through one of the best.

The pandemic has modified the market

“The explanation Mikey Garcia and Regis Prograis should not combating is as a result of they weren’t going to be paid the form of cash they wished for the battle,” stated Keith Idec to Boxing with Chris Mannix.

Mikey Garcia Regis Prograis

“They weren’t going to make mixed what Mikey Garcia made to battle Jessie Vargas of February 2020. It was a special world then.

“The pre-pandemic DAZN finances was very completely different than it’s now, and rightfully so as a result of they have been grossly overpaying simply to get them to battle on DAZN.

“Mikey Garcia made roughly seven million {dollars} to battle Jessie Vargas, which is way above market worth. The purse for Regis Prograis and Mikey Garcia wasn’t going to equate to seven million {dollars}.

“I believe now, Mikey Garcia has an overinflated opinion of what his market worth is. If he have been going to battle Regis Prograis, which might be a tough battle, he would need to be paid no less than what he made to battle Jessie Vargas, even realizing the market has dramatically modified.

If Mikey, 33, thinks he’s going to get the form of cash combating Prograis that he did towards Errol Spence Jr. and Jessie Vargas, he’s dreaming.

Clearly, DAZN acquired take a look at the subscribes that Mikey pulled in for his battle with Vargas in 2020, and so they’re not going to need to dump massive cash on him combating Prograis and Sandor Martin.

Fighters accustomed to being overpaid for dangerous fights

“I used to be speaking to a promoter just lately about all these fighters which are sitting on the shelf, combating yearly now,”  stated Mannix. “These guys have been paid a lot cash for dangerous fights over the previous few years.

“While you make them a proposal for battle, it’s not commensurate to what they have been making earlier than. They simply flip it down.

“I don’t know the way this resolves itself as a result of the budgets have been slashed by just about each community on the market.

“Fighters are going to need to resolve whether or not that is what they need their careers to be, yearly possibly or take much less cash and deal with massive fights and incomes your method as much as these massive paydays once more,” stated Mannix.

When the DAZN platform emerged, we noticed fighters getting tons of cash for awful fights. Daniel Jacobs made good cash combating an over-the-hill Julio Cesar Chavez Jr. on DAZN and going through journeyman Gabe Rosado.

Canelo Alvarez is a good instance of a fighter making big cash on DAZN for dangerous fights that the general public had no real interest in seeing, with him selecting to unify the 168-lb division.

So as a substitute of Canelo going through the fighters, the followers wished to see him battle in Jermall Charlo, David Benavidez, Gennadiy Golovkin, and Demetrius Andrade; we’ve seen him on DAZN towards Billy Joe Saunders, Callum Smith, and Rocky Fielding.

Canelo continues to be being overpaid for dangerous fights, as he shall be getting $40 million to battle Caleb Plant. That’s not a battle that followers have been asking for.

Mikey must be combating higher opposition

“Because it pertains to Mikey Garcia, I perceive he must get again within the ring as a result of he hasn’t fought in a yr and a half,” stated Idec.

“I don’t know the way a lot they’re paying him and Sandor Martin. Why waste the cash on that when you may apply no matter he’s being paid for in the direction of a greater battle.

“Then you may pay him nearer to what he desires for Regis Prograis. I’m not saying combating Regis Prograis coming off a yr, and a half layoff is good, however the pandemic affected each boxer and each individual on earth in numerous methods.

“That actually applies to Mikey Garcia as effectively. I don’t see the purpose of placing him in with a man who shall be a 100 to 1 favourite to beat.

“In case you’re paying him subsequent to nothing, which I doubt, however should you’re paying him subsequent to nothing, then wonderful. However once more, are you giving your subscribers one thing to observe on October sixteenth?

“You’ll have the evening of boxing to your self, however I hope they put one thing good on the undercard.”

“I like the thought of Mikey vs. Prograis. That may be a significant battle,” stated Mannix. “I hope smarter heads can get collectively.

“Regis appears to actually need it. Each time I see him on social media, he’s clamoring for that battle, so hopefully, the funds work out,” stated Mannix.

It could possibly be true that Mikey has an inflated sense of his market worth because of the loopy cash that DAZN paid him for the Jessie Vargas battle.

The $7 million that Mikey reportedly acquired for the Vargas battle was $5 million greater than he in all probability ought to have been paid.

Jessie was an honest fighter again in 2016, however he stopped continuously combating after making some huge cash combating Manny Pacquiao in 2016. Vargas was now not related by the point Mikey fought him.

Even when Mikey have been to battle Vergil Ortiz Jr, $7 million could be method an excessive amount of.

It’s dangerous for Mikey if he’s going to break the ultimate years of his profession, ready round for the large paydays he acquired for his fights with Errol Spence Jr. and Jessie Vargas. That’s not going to occur, particularly not combating typically.

It seems that Mikey doesn’t perceive that he might improve his market worth if he stayed within the limelight by combating high fighters like Regis Prograis, Jaron Ennis, Jose Ramirez, Conor Benn, Shakhram Giyasov, and Gary Antuanne Russell.

Sadly, Mikey will probably sit round and wait a very long time, hoping somebody like Manny Pacquiao, Spence, Terence Crawford, or Gervonta Davis will give him a battle. It’s not more likely to occur, notably if Mikey chooses to not battle two to a few instances a yr.

At this level, Mikey has already completely harm his incomes energy by his inactivity. I’m not simply speaking concerning the yr and a half that he’s been out of the ring since his final battle in February 2020.

Mikey was out of motion for two 1/2 years from January 2014 to July 2016 as a consequence of having promotional issues when he was with High Rank.

When Mikey returned, he was combating no less than twice a yr till he acquired an enormous payday towards Spence in 2019. That’s when Mikey began combating yearly and lacking out on fights that will have paid him effectively.

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