Espinoza: Mayweather-Maidana Profitable, Part 2 Worthy
By Rick Reeno
Contrary to widespread industry rumors, Showtime Sports head Stephen Espinoza said the May 3rd bout between Floyd Mayweather Jr. and Marcos Maidana was not a financial failure for his network.
Espinoza, while not disclosing the exact details regarding the pay-per-view numbers and the profits, rejects any claims that a bundle of money was lost on the show. According to industry sources, the PPV generated between 830-900,000 pay-per-view purchases. The show sold 15,718 tickets for a live gate of $15,024,400.
The two fighters will do it a second time on September 13th, once again at the MGM Grand in Las Vegas. Mayweather Jr. (46-0, 26KOs) unified the WBC/WBA welterweight titles with a twelve round majority decision over Maidana (35-4, 31KOs) the first time around.
"One of the things that was disappointing about the reaction to the May 3rd event, we had a such an entertaining, exciting, competitive fight, top quality from top to bottom and immediately following the event all that people wanted to talk about were the numbers. No one was talking about how good a fight it was, what a satisfying pay-per-view it was. When the discussion focuses on pay-per-view numbers, it hurts the event," Espinoza said. "There is so much misinformation regarding the structure of our deal with Floyd."
"If it wasn't a financial success, then there is no way that we would be going into a direct rematch four months later."
Espinoza told BoxingScene.com that Mayweather, through his own promotional company, covers the cost of the pay-per-view undercard and the press tour.
[QUOTE=Bronx2245;14744560]Now here comes the BS. "Oh, he's lying to protect Floyd." "Showtime is losing money." "Haymon is the devil." But what they can't explain is, even with less than 1 million PPVs, Mayweather vs. Maidana I is still the highest…Comment by SD180sx on 07-11-2014
Not saying the fight did bad but Espinoza should be the first to come out with the PPV Numbers just to clear things up. I still think the Canelo fight was the only one Showtime made major money on.Comment by King_ on 07-11-2014
Cool. Mayweather-Maidana made a profit. Can Showtime fire this shameful ducker now?Comment by gbonafide on 07-11-2014
[QUOTE=Bronx2245;14744889]BALCO labs destroyed a lot of legacies. Barry Bonds, Marion Jones & her ex-husband, and Shane Mosely. Will they remember the home runs, the gold medals, the wins over De La Hoya? What will be Manny Pacquiao's legacy? The 8…Comment by pacfan on 07-11-2014
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