Advertisement
Advertisement

De La Hoya Not Worried About Canelo-Lara PPV Numbers

By Keith Idec

Oscar De La Hoya isn’t concerned about fatigued fight fans passing on paying $60 to watch Canelo Alvarez and Erislandy Lara go at it July 12 at MGM Grand in Las Vegas.

Alvarez versus Lara is one of the best matchups of the year thus far, but their 12-round junior middleweight bout will headline the fifth boxing pay-per-view event in an 18-week span, which equates to one every 3.6 weeks. Alvarez’s domination of fellow Mexican Alfredo Angulo (22-4, 18 KOs) on March 8 in Las Vegas was the main event of the first of those five pay-per-view shows. It drew nearly 400,000 buys, which exceeded expectations even of those at De La Hoya’s Golden Boy Promotions and Showtime Sports, the distributor of the Alvarez-Angulo and Alvarez-Lara cards.

The financial success of Alvarez-Angulo is among the reasons De La Hoya has faith that Alvarez (43-1-1, 31 KOs) and the Cuban-born Lara (19-1-2, 12 KOs) will attract plenty of viewership even in the middle of the summer.

When asked on Wednesday if he was concerned about buys, De La Hoya said, “No, not at all because first of all, when you have Canelo involved in a pay-per-view fight, as the numbers show – his very first pay-per-view that he was headlining generated close to 400,000 [buys]. So having this fight with Erislandy Lara and having a stacked card, people know what they’re going to watch. People are going to tune in to watch a spectacular event. So we’re not worried one bit, whatsoever.”

Alvarez was part of the greatest-grossing pay-per-view event in boxing history Sept. 14, when he was thoroughly out-boxed by undefeated superstar Floyd Mayweather Jr. at MGM Grand in Las Vegas. Their heavily hyped junior middleweight title fight drew approximately 2.2 million buys, about 280,000 short of the boxing record established by Mayweather and De La Hoya in May 2007. It also generated an unprecedented $150,000,000 in pay-per-view revenue, roughly $14,000,000 more than Mayweather-De La Hoya ($136,000,000).

That success aside, the boxing’s most recent pay-per-view event, which starred popular Puerto Rican icon Miguel Cotto (39-4, 32 KOs) and Argentina’s Sergio Martinez (51-3-2, 28 KOs) in the main event, failed to meet organizers’ expectations. That June 7 show from Madison Square Garden produced somewhere between 300,000 and 350,000 buys via HBO Pay-Per-View, well below co-promoter Bob Arum’s anticipated total of about 500,000.

Official figures haven’t been released by Showtime Sports, but Mayweather’s last pay-per-view fight is believed to have underperformed as well. Industry insiders have indicated the telecast led by the Mayweather-Marcos Maidana fight elicited somewhere between 800,000 and 850,000 buys May 3 from MGM Grand in Las Vegas.

The Alvarez-Lara show will cost $59.95 in HD, less than the cards that featured Cotto and Martinez ($64.95 in HD) and Mayweather and Maidana ($74.95 in HD).

Keith Idec covers boxing for The Record and Herald News, of Woodland Park, N.J., and BoxingScene.com. He can be reached on Twitter @Idecboxing.

User Comments and Feedback (Register For Free To Comment) Comment by SeekDaGreat on 07-04-2014

Dude, who cares? I hope they all tank so we can start getting fights back on Sho/HBO. Getting killed on boxing costs this year. From HBO and Sho subscriptions to PPV's... I hope this fight tanks! And I'm a huge…

Comment by Wyvceo on 07-03-2014

[QUOTE=keyz3r0;14722544]Only poor people and Mayweather fan girls want this fight to fail.. If it wasn't for Mexicans, boxing wouldn't even be alive still. Yes you have your certain fighters like sugar ray, pacquiao etc. etc.... but Hispanics/latinos have kept this…

Comment by sicko on 07-03-2014

If it does better than Cotto vs Martinez then it is a WIN for Showtime and GBP I guess but I don't expect big numbers, if it does better than 500k that is a Success. Not much promotion away from…

Comment by Puya on 07-03-2014

Oh wait.... this is PPV? :theyareon I'm out

Comment by TOBYLEE1 on 07-03-2014

[QUOTE=Deevel916;14722444]Canelo/Angulo did decent #'s because it was perceived as a real fight against 2 mexicans. This fight will do significantly less because of Lara. He has no strong following and he will come to stink it out. He's not going…

Post a Comment/View More User Comments (27)
Top Headlines Denis Lebedev-Yunier Dorticos Clash Ordered By The WBA Jamel Herring Makes Weight, Set For First Televised Main Event Garcia's Team Disputes Possibility Of Donnie Nietes Fight Freddie Roach is Pleased With Frankie Gomez Performance Luis Ramos on Top Rank Deal, Desire For World Title Fight Golovkin's Promoter Confirms Interest in Bernard Hopkins Fight Luis Ortiz-Thompson Set, But Not Yet Sanctioned By WBA Francisco Santana To Return on Top Rank Bill on April 2 Adamek-Molina: Mateusz Masternak To Face Fields on The Card Amir Khan: I'll Win and Make History, Shut The Doubters Up! Luis Ortiz-Tony Thompson Finalized For March 5th on HBO Cruz vs. Koasicha Tops March 4 Telemundo Bill In Tampa Toka Kahn-Clary Promises To Let The Hard Shots Rain Down Frank Bruno Insists Comeback Talk Came From The Heart Mayweather: Me and Al Haymon Have All The Say So in Boxing Arum: If Pacquiao Continues To Fight, Crawford is Perfect Foe Nietes May Defend Against Garcia in May, Not Fuentes RoundZero Wins Purse Bid For Chudinov-Signani EBU Title Fight IRA Claims 'Credit' For Deadly Dublin Weigh-In Shooting Browne Continues Camp As Chagaev Clash Still On Course Freddie Roach Warns: Don't Count Khan Out Completely Jonathan Gonzelez-Joebert Alvarez To Battle on March 19 Brook: I Wish Khan The Best, Don't Think He Can Beat Canelo Gutknecht To Braehmer: I’m Ready To Avenge My Defeat! Robert Helenius-Johann Duhaupas on April 2 For WBC Silver Belt Evander Holyfield: Anthony Joshua is Best Fighter UK Ever Had Mayweather: Khan Should Have Fought Brook, Not Canelo "Fighting Words" - Canelo vs. Khan: A One-Ring Circus Khan: If I'm Scared of Brook, Then Why Would I Fight Canelo? Guillermo Rigondeaux Wants To Excite in Liverpool, Says Diaz Haye Says The Klitschko Era is Over, Tabs Fury For Repeat Win Austin Trout Willing To Travel, Face Liam Smith in The UK Tyson Fury Hopes Wladimir Klitschko Rematch is Set 'ASAP' Hatton: Canelo Will Be Too Strong and Powerful For Amir Khan Francisco Vargas: Salido Would Be High Risk, a Good Challenge Povetkin: After Wilder I'm Open To Fury, Martin and Klitschko Lucian Bute, Alvarez, Beterbiev Tripleheader on April 2nd? Khan: People Thought De La Hoya Would Destroy Pacquiao Wanheng Menayothin Defends WBC Strap on March 2nd Artur Beterbiev Eyes Ring Return in March or April
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement