Battle of the Platforms reportedly lost $10 million despite big investment by James Harden

NBA star James Harden was named as an investor within the ‘Battle of the Platforms’ YouTubers vs TikTokers occasion in June — a boxing showdown that misplaced a reported $10 million.

The Battle of the Platforms kicked off on June 12, pitting fourteen of YouTube and TikTok’s largest content material creators in opposition to one another to see which social media website would come out on prime.

Sadly, plainly each fighter concerned took an L, as they haven’t but been compensated for his or her time within the ring… however they aren’t the one ones quick on money.

Evidently buyers — Brooklyn Nets level guard James Harden amongst them — are additionally reeling from a large loss from the occasion, which reportedly got here up quick a whopping $10 million, in accordance with a July 20 article from Billboard.

The YouTubers vs TikTokers boxing occasion has develop into embroiled in controversy after a number of influencers claimed they weren’t paid.

Harden was reportedly a key investor for the mission, which, in accordance with Billboard, price over $20 million to provide. He wasn’t the one NBA star concerned, both, though the opposite participant was not named.

The Battle of the Platforms did not promote the five hundred,000 pay-per-view packages it will have wanted with a purpose to break even, with the boxing occasion as a substitute solely promoting 135,000 packages.

This is the submit match interview with @AustinMcbroom pic.twitter.com/BlSzsbtcNO

— Dexerto (@Dexerto) June 13, 2021

Legal professionals representing Harden, TikToker Bryce Corridor and the ACE Household’s Austin McBroom are in talks to obtain fee from gross sales through LiveXLive, the mission’s unique streaming platform — but it surely’s McBroom who’s bearing the brunt of on-line criticism, as a substitute.

McBroom is at present present process intense scrutiny for allegedly not paying expertise after being found because the proprietor of the Social Gloves trademark, with sources claiming the YouTuber authorized an infinite funds with out correctly selling the occasion.

McBroom was additionally confronted with allegations of being evicted from his $7 million house, in addition to being concerned in quite a few purported lawsuits, though each he and spouse Catherine Paiz have denied these claims.