The Sports Xchange 3 hours ago
The SportsXchange
Boxer Floyd Mayweather Jr. will earn a record guaranteed purse of $41.5 million for his Sept. 14 fight against Saul "Canelo" Alvarez, according to a report Wednesday by ESPN.com that cited disclosures by Mayweather adviser Leonard Ellerbe and Golden Boy Productions promoter Richard Schaefer.
Cited as the world's highest-paid athlete in several surveys, according to ESPN.com, Mayweather will fight Alvarez in a junior middleweight unification bout at the MGM Grand in Las Vegas.
"Floyd is the biggest star in the sport and the best in the sport, and when you're the biggest star and you are the best, you get paid the most money," Ellerbe told ESPN.com. "So this comes along with the territory."
Mayweather's purse will be $9 million more than the previous record of $32 million, which he earned for his May 2012 fight with Miguel Cotto, as well as this May's bout with Roberto Guerrero.
For both May's fight and the upcoming bout, Mayweather will have earned a guaranteed $73.5 million.
"It's a wonderful thing," Ellerbe said. "Floyd has put boxing on his back and crossed over. He took a niche sport and went out there and marketed a persona ('Money' Mayweather) in the mainstream world and became the highest-paid athlete in sports."
Mayweather is 44-0 with 26 knockouts. Alvarez, from Mexico, is 42-0-1 with 30 KO's.
"This record purse shows you three things," Schaefer said. "No. 1, it shows you how big Floyd Mayweather is, which we all knew. But it shows you that he is not just breaking records, he breaking them, by far. And third, it just shows you big this fight with Canelo is. It's insane."
Alvarez, according to reports, is expected to earn about $10 million for the fight.
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So it's about money. Yet he ducked the biggest money fight of this generation. He could have been guaranteed three times more, and three times easier. Hehe... Canelo is 3x more dangerous... for less money... hehe... Can't wait to see him get clipped.
Most people here don't know there is a difference between revenue and profit aka net
So he gets $42 mill guaranteed, but he's also paying for all the promotion and advertising. Thats at least $20 million for this fight.
End of the day he walks home with $22 mill guaranteed but the IRS takes 40%. Not to mention Al Haymon, Ellerbe, bodyguards, insurance etc. He'll be lucky if he takes home $10 million after all that
whats a matter boys, upset that floyd's gurantee is bigger than the #2 and #3 (wlad) fighters GUARANTEE'S COMBINED? No need to be so upset.
Most people here don't know there is a difference between revenue and profit aka net
So he gets $42 mill guaranteed, but he's also paying for all the promotion and advertising. Thats at least $20 million for this fight.
End of the day he walks home with $22 mill guaranteed but the IRS takes 40%. Not to mention Al Haymon, Ellerbe, bodyguards, insurance etc. He'll be lucky if he takes home $10 million after all that
So it's about money. Yet he ducked the biggest money fight of this generation. He could have been guaranteed three times more, and three times easier. Hehe... Canelo is 3x more dangerous... for less money... hehe... Can't wait to see him get clipped.
You have to reference one of the worlds richest men to knock Floyds hoghest ever fight purse. Thats pathetic truely.
The pathetic thing is thinking a fighters purse is somehow important.
Bill Gates lost almost 5 times that amount today, and is still the richest person in the world.
Floyds still a bum.
You have to reference one of the worlds richest men to knock Floyds hoghest ever fight purse. Thats pathetic truely.
Bill Gates lost almost 5 times that amount today, and is still the richest person in the world.
Floyds still a bum.
I think Carlos Slim can kick Bill's ass all day everyday.
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52 Million guaranteed for the main even and they also have that deep undercard man this fight is easily the biggest since Oscar DLH v Mayweather
The undercard definitely gives it a boost.
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deal ! That sounds about right though.
Not a bad piece of change for one night.
Canelo can't complain. He can keep his hair red for a very long time.
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