Crawford vs. Madrimov boxing night was a financial failure

An evening of boxing headlined by a bout between Terence Crawford and Israil Madrimov was a real financial failure.

"According to several sources, the Crawford - Madrimov tournament, which was the first major event organized by the Saudis in the U.S., probably lost more than $10 million. Broadcast sales were negligible. The situation is similar with tickets. They were given away for free by the thousands. However, there were still empty seats in the arena. They were overpriced. Even after the tickets were distributed, there was no demand for them," Kevin Iole, a respected journalist, wrote in his blog.