Mayweather vs. Cotto: Las Vegas Business Breakdown
By Rick Reeno
The junior middleweight bout between Floyd Mayweather Jr. and Miguel Cotto generated big business in Las Vegas. The event, which took place on May 5th at the MGM Grand, saw a gate of $12,000,150 - with 14,612 tickets sold, 938 comps and 36 tickets unsold. Regarding the closed circuit sales, 11 MGM-owned locations reported a total gate of $717,450 - with 9,566 tickets sold and 4,208 unsold.
As previously reported, the fight generated 1.5 million buys on HBO pay-per-view. The buy total is $94 million in pay-per-view revenue, ranking the show as the second highest grossing non-heavyweight pay-per-view event in boxing history.
Glad everyone who tuned saw a great fight between two of the sport's best and not a one sided wipeout like everyone expected.Comment by Golovkin. on 05-18-2012
Great for boxingComment by WESS on 05-18-2012
Mayweather vs Cotto >>>>>>>>> Pac vs Cotto end thread.Comment by MrRolltide91 on 05-18-2012
[QUOTE=reeflegend;12138966]Your wrong..considering they sold 10 thousand in MGM owned venues...4 thousand isn't a lot...that's within a half a mile range if MGM Still your avoiding facts...you can't argue cause you don't know how many tickers manny sells closed circuit. So…Comment by GRUSTLER on 05-17-2012
[QUOTE=Mr. Fantastic;12138870]Seeing it from a neutral side Floyd fans are worse than Pac. Pac fans admire him more for his fighting and Floyd fans admire the fighter and the money he makes. Like they get a part of it or…Post a Comment/View More User Comments (79)