A few years back Floyd Mayweather and Manny Pacquiao were negotiating terms of a fight that would could have been the most lucrative boxing match of all time. It never happened because Pacquiao would not agree to Olympic-style drug testing. Pacquiao’s decision cost him dearly.
Showtime Networks announced Thursday that the previous Saturday’s fight between Mayweather and Saul “Canelo” Alvarez generated a record $150 million in pay-per-view revenue, breaking the record of $136 million for Mayweather’s 2007 fight against Oscar De La Hoya. The Mayweather-Canelo fight at the MGM Grand Arena also set a record for largest gate for a boxing match ($20 million) and and Richard Schaefer, CEO of Golden Boy Promotions, says the fight will exceed $200 million in total revenue when all revenue streams are counted.
But a Mayweather-Pacquiao fight would have generated much, much more. Three years ago the split between Mayweather and Pacquiao would have been roughly 50-50 for a fight that would have likely grossed more than $250 million, given Mayweather-Alvarez did over $200 million. After taking out the cut for the pay-per-view carriers, I figure Pacquiao and his camp lost about $100 million in earnings.
acquiao has never come close to earning what he could have made fighting Mayweather. His biggest payday: $25 million for his last Marquez bout. And Pacquiao’s brand has taken a hit with his recent losses. He is guaranteed to earn just $18 million from his next fight in November against Brandon Rios.
http://www.forbes.com/sites/mikeozan...yd-mayweather/
Comment