Boxing is a mess. Despite taking jabs at it, I like watching boxinig from time to time but I also recognize that the sport has serious problems.
For one, as much as the UFC's quasi-monoply hurts fighter pay, it also helps the sports alot. We have de facto world champions. Yes, Bellator has a world light heavyweight championship but most people consider the UFC light heavyweight that championship the real Light Heavyweight champion of the worldt. It's not like that in boxing where you have (atleast) three different world champions in the same weight class.
Then you have this weird situation where you have regular champions and super champions. You have the same thing in MMA with interm champions but atleast in MMA, you have an interm champion because the real champion is hurt.
In boxing, you have a regular champion and a super champion both defending the same world title in the same weight division at the same time. How does that work? How is anyone suppose to understand that?
The other problem is that if you're a TV network or a game company or even an advertising firm, if you want to sign a deal with Conor Mcgregor and Jon Jones, all you need to do is buy the UFC license. It doesn't work like that in boxing. You have to sign each boxer to an individual deal and that's just not worth the effort when you can just buy the license to the UFC or Bellator.
The best thing can happen to boxing and the thing that Teddy wants is for boxing to be consolidated but PBC tried that and De La Hoya and Top Rank screwed it up. The business is just filled with greed and corruption.