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By Jake Donovan - “We'd all have to be morons to not let this happen.”
Golden Boy CEO Richard Schaefer offered the aforementioned quote when asked about negotiations surrounding the potential superfight between his client, Floyd Mayweather Jr. and current pound-for-pound king Manny Pacquiao.
The quote came over a month ago – more specifically, two days after Pacquiao’s 12th round stoppage of Miguel Cotto. The bout produced the most lucrative pay-per-view event of 2009, registering 1.25 million buys and nearly $70 million in PPV revenue.
Even more impressive was that it came two months after the return of Floyd Mayweather Jr, whose comeback fight with Juan Manuel Marquez raked in a whopping $52 million in PPV revenue thanks to its buy rate of just over 1 million units.
The two fights marked the first time in a decade that a single produced two or more events to crack the two-comma barrier. That it involved the two best fighters in the sport, who now campaign at or close enough to the same weight class, made it a no-brainer for 2010 to be all about putting together what figures to be the most lucrative event in boxing history. [Click Here To Read More]
Golden Boy CEO Richard Schaefer offered the aforementioned quote when asked about negotiations surrounding the potential superfight between his client, Floyd Mayweather Jr. and current pound-for-pound king Manny Pacquiao.
The quote came over a month ago – more specifically, two days after Pacquiao’s 12th round stoppage of Miguel Cotto. The bout produced the most lucrative pay-per-view event of 2009, registering 1.25 million buys and nearly $70 million in PPV revenue.
Even more impressive was that it came two months after the return of Floyd Mayweather Jr, whose comeback fight with Juan Manuel Marquez raked in a whopping $52 million in PPV revenue thanks to its buy rate of just over 1 million units.
The two fights marked the first time in a decade that a single produced two or more events to crack the two-comma barrier. That it involved the two best fighters in the sport, who now campaign at or close enough to the same weight class, made it a no-brainer for 2010 to be all about putting together what figures to be the most lucrative event in boxing history. [Click Here To Read More]
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