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Schaefer: Marcos Maidana Will Walk Away With Millions - Boxing News
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 Last update:  5/1/2014       Read more by Rick Reeno         
   
Schaefer: Marcos Maidana Will Walk Away With Millions
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By Rick Reeno

Some fans were scratching their heads when the Nevada State Athletic Commission released the purse figures that were filed for Saturday's Showtime Pay-Per-View event at the MGM Grand in Las Vegas.

Two numbers jumped - the listed purse figures for Marcos Maidana and Adrien Broner. Maidana is listed with the commission as receiving $1.5 million dollars, while Broner is getting a shade less at $1.25 million.

And of course fans were unhappy with the NSAC's released numbers - because Maidana dominated Broner last December and now faces Floyd Mayweather Jr. in the pay-per-view main event, and Broner gets what many feel is an easy fight with Carlos Molina on the undercard.

Golden Boy Promotions CEO, Richard Schaefer, cleared up the confusion. Maidana has certain revenue guarantees in place and he's receiving money from the international TV rights. When everything is said and done, Schaefer expects the Argentine boxer to walk away with millions of dollars.

Schaefer points out that Maidana's listed purse figure is no different from the numerous instances where Manny Pacquiao's purse figure [filed with the NSAC] is substantially lower than his actual guarantee. 

"Maidana obviously has substantial pay-per-view upside, [and he will receive money from the] Argentinian TV rights. He has all of these other revenues. It's just like when Manny Pacquiao's purse [is listed with the commission] as $6 million dollars. He has Filipino TV rights, he has pay-per-view and so on, and it's the same thing here with Maidana. I really don't know what [Maidana will walk away with], because it depends on the pay-per-view [performance]. There are big incentives there, but obviously [Maidana's finally revenue number is] going to be in the millions," Schaefer told BoxingScene.com.

Tags: Floyd Mayweather Jr. , Marcos Maidana , Richard Schaefer , Mayweather-Maidana , Mayweather vs. Maidana


 

 User Comments and Feedback (must register to comment)

comment by mourinho1, on 05-02-2014
[QUOTE=Hitman932]First of all I never called it a "bum deal". Your words not mine. Simply put there is no reason to believe Floyd would have followed through on the 40M to start with but if he did.... I outlined above how the fight can easily generate 250 million dollars. Assuming half g...

comment by Dirk Diggler UK, on 05-02-2014
[QUOTE=Shambrolic]You seem to be oblivious to a lot of things, but you are from the UK so I'm sure the boxing business and political way of doing things are very different.[/QUOTE] Where I'm from has nothing really to do with the discussion but it shows your lack of intellect that you'd have t...

comment by Bronx2245, on 05-02-2014
I think someone said Bradley did better than Canelo. I'm not so sure: "Manny Pacquiao and Timothy Bradley’s welterweight title fight last month generated between 775,000 and 800,000 pay per view buys, multiple sources familiar with the numbers told SI.com. HBO, which produced and distributed t...

comment by Bronx2245, on 05-02-2014
Floyd may not give everyone PPV money, but I know for a fact that Cotto and Canelo got PPV money. Actually canelo didn't do that bad, $5million turned to $12 million. "This fight will gross over $200 million when you take into account all of the revenues. Besides pay-per-view, there's the gate...

comment by V.WEBB, on 05-02-2014
"Only Floyd **** talk about another man's money! How much are you homos getting from his check?" The irony.

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