Kevin Iole of Yahoo! Sports reports that HBO Sports President Ken Hershman is stepping down from his post.
Despite the fact that ratings were up and there seem to be suitable replacements for Manny Pacquiao, Hershman resigned abruptly on Friday. Hershman replaced Ross Greenburg in 2012. There was no announcement of Hershman’s replacement although SI’s Chris Mannix indicates that the replacement may come from within HBO.
The article indicates that Hershman is leaving without any pressure to depart and that he just “needed a break.” Among the accomplishments under Hershman’s guidance, he was able to re-sign Canelo Alvarez from Showtime and bring Sergey Kovalev to the fold.
Despite the stiff competition from Premier Boxing Champions, HBO has held its own, up to this point.
Payout Perspective:
Hershman’s departure was a surprise and HBO will look to find a suitable replacement that can keep the momentum going. Signing Andre Ward may be on the list of “to dos” for the next president. In addition, the new head will need to provide a smooth transition from Manny Pacquiao to the next big boxing star.
tops E says
They already signed ward.hershmans last deal..with kovalev fight within the 3 fight deal
Tops E says
UFC ppv numbers out.dc vs Gus hahaha
Spartacus says
Nothing more laughable than GGG’s ppv numbers.
Logical says
Yeah, the Cormier-Gustaffson headlining event was surprisingly low for a LHW main event, supposedly only UFC 54 did worse than that, and that was 10 years ago. LHW has always been the UFC’s marquee division so it is just a sign of the UFC’s gradual decline.
turd says
logical you are right i remember when lhw was ufc s top drawing division for many years., randy , chuck, tito, rampage, rashad, silva, jones,
wow 250k that fight was great to.
not a good sign,
Spartacus says
This is no sign of a decline at all. Just had to do with the fact that fans are basically looking at this like an interim title fight until Jones comes back. Keep in mind earlier in the year, Jones did 800k buys with Cormier.
tops E says
Spartacus sounds familiar hahahaha