I know this is a topic that people bring up a lot, and an old one at that, but I wanted to actually break it down. *sorry for the long post*
Okay, Ive seen this argument used a lot around here, and of course people have always countered with "its only 40 million guaranteed, floyd gets the ppv revenue and everything else" which is obviously a good counter argument and the discussion should end there, but when Floyd fans say "well it was his highest pay day anyway, he should have taken it", I'll explain why that is just insanely crazy to even think pacqiuao should accept that offer. But here is the numbers first
lets say pacman accepted this offer, and floyd gets the ppv revenue and and the gate revenue. Pacman would get his 40 million, and floyd would get the rest. How much is the rest? Lets break it down
Pacman vs Bradley 2 generated 49 million dollars in ppv revunue for 750k buys. Now thats already a lot of money, but how many buys would floyd vs pacman do? A LOT more. If canelo vs floyd can do 2.2 million buys, floyd vs pacman could easily do 3 million buys, probably more. But lets be safe and say its 3 million.
to put this into perspective of how much floyd makes off of ppv, according to Forbes it takes 1.5 million buys for Floyd to make 50 million all things considered. so we times it by 2, thats already a 100 million dollars right there. plus live gate revenue and any other ways of making money that pac wont be getting. That could be 10s of millions of dollars, probably 15 million dollars for floyd. What about Guaranteed purse? pacman clearly didn't mention that, but you better bet your ass floyd would get a guaranteed purse, and certainly higher than mannys, lets be real safe and low and say 50 million.
Truly speaking how much is floyd making that night? with cuts and giving to promoters and such...
Pacqiuao 40 million
Floyd 115 million
So how much is floyd getting percentage wise? 75% of the money, manny 25%, and Im not even considering the fact that they could easily increase the price of the ppv to at least 10 dollars higher if they wanted to.
Just insane of floyd to give manny an offer that is potentially only 25% or less knowing how big of a star manny is. Manny could make this money in two fights and be fine, this is supposed to be a super fight and manny is right expecting super money, not just a little higher than he gets now. it takes two fighters to make a super fight, and floyd acts like he is the only one that matters and that is simply wrong
Before the Floyd vs Canelo fight people were estimating that Floyd vs Pac do 150-200 mil in PPV.Floyd fights under his promotional in which he spends a minimum of ten mil to finance the promotion of his own fights and pays Goldenboy a fee to handle the logistics,Pacquaio has a promoter who finances
his fights,so that would mean Arum and Mayweather deserve a much bigger cut then Pacquiao,especially Floyd since he brings in a big fanbase and he would have been getting in the ring to fight Pac, plus he would have provided out his pockets money to help finance the fight and Pacquiao would not have spent a dime to finance a fight.
Now if the fight was to generate 200 mil in PPV,PPV company gets half which would leave 100 mil for Arum and Floyd to split.And Floyd in a Esnews interview said he was gonna offer Pacquiao a portion of the PPV,he just wasn't gonna give Pacquiao half of the Revenue in which pacquiao was asking and didn't deserve.
In the first negotiations of the Floyd/Pac fight Floyd offered Pacquiao 50% (in which Pac did not deserve)and agreed to Pacquiao demand of paying ten mil if Floyd comes over 147 pound limit,but Pacquiao refused to agree to the testing Floyd wanted because Pac was most likely juicing.Pac turned down Floyd offer,then Floyd took the original offer off the table.