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Al Haymon is spending to put boxing on TV, but do the numbers add up?

Al Haymon is spending to put boxing on TV, but do the numbers add up?

Al Haymon, the reclusive manager of boxer Floyd Mayweather Jr., has aggressively been buying TV time to telecast fight cards as part of a daring strategy to revive the sport by tapping into a new, younger audience.

So far, judging from California and Nevada athletic commission records, TV  ratings, advertising sales and fight industry figures, the early financial returns suggest Haymon's business model is not working.

The Kansas investment firm Waddell & Reed committed an estimated $425 million to $525 million to Haymon's venture — a figure confirmed by three officials connected to Haymon's firm Premier Boxing Champions.

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