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MAYWEATHER-MOSLEY NOT QUITE AS HOT A TICKET AS PACQUIAO-CLOTTEY
April 27th, 2010 | by Felix Strunk
Earlier today, this reporter received an email from a representative of StubHub, an online ticketing service that allows fans to buy and sell event tickets online. More importantly, the company is the official secondary ticket marketplace for this Saturday’s clash between Floyd Maywether and Shane Mosley. According to the email, Mayweather vs. Mosley is indeed approaching a near sell-out as interest in the bout has rapidly increased over the last week. With just days left to go before the two fighters step into the ring, StubHub is reporting that they only have roughly 1000 tickets remaining. That being said, the email also listed some interesting statistics regarding ticket sales for this event.
* Get-ins start in the mid-$200s and floor seats start around the $3,000 range. On average, fans have paid an average price of $822.
* More tickets have been purchased for Mayweather-Mosley on StubHub than any other fight in company history, outside of Pacquiao-Clottey at Cowboy Stadium.
* This fight ranks No. 4 in terms of gross sales (No. 1: Mayweather-De La Hoya in 2007, No. 2: Pacquiao-Clottey in March, No. 3: Cotto-Pacquaio last year) and will likely take the No. 3 spot by fight night.
In a recent interview, Mayweather Promotions CEO Leonard Ellerbe commented about the succes of the event. “We already have $10 million at the live gate, which clearly indicates how hot this fight is. As a result, we’ve opened up 18,000 closed circuit seats in various locations in Las Vegas,” he stated. “Ticket sales are going very well. We hae a very limited amount of tickets. It’s a very hot fight and the fans are truly excited to see Floyd and Shane go at it on the 1st of May.” While his remarks are true, a closer look at the statistics will give a better idea of what to expect as far as the success of the promotion is concerned.
For example, the fact that fans have paid an average price of $822 is a clear indication that…well…tickets were extremely expensive, making it a lot easier to generate $10 million at the live gate. If we assume that every ticket was purchased through StubHub, then the attendance numbers would total a little more than 12,000, a good number, but still shy of the maximum seating capacity of the MGM Grand Garden Arena (approximately 17,000). Obviously every ticket wasn’t purchased through StubHub and that also doesn’t take into account closed-circuit tickets, which can also be purchased through various ticket vendors.
So it appears as though Mayweather vs. Mosley is indeed a hot ticket, but not quite as hot as Pacquiao vs. Clottey, which is the only fight that more tickets were ever purchased for through StubHub. It also has grossed less money thus far than Mayweather vs. De La Hoya, Pacquiao vs. Clottey and Pacquiao vs. Cotto. What does that all mean? Probably not much other than the fact that it appears Manny Pacquiao will have some statistics to point to should anyone ever doubt that he’s the biggest draw when it comes to ticket sales on StubHub.
April 27th, 2010 | by Felix Strunk
Earlier today, this reporter received an email from a representative of StubHub, an online ticketing service that allows fans to buy and sell event tickets online. More importantly, the company is the official secondary ticket marketplace for this Saturday’s clash between Floyd Maywether and Shane Mosley. According to the email, Mayweather vs. Mosley is indeed approaching a near sell-out as interest in the bout has rapidly increased over the last week. With just days left to go before the two fighters step into the ring, StubHub is reporting that they only have roughly 1000 tickets remaining. That being said, the email also listed some interesting statistics regarding ticket sales for this event.
* Get-ins start in the mid-$200s and floor seats start around the $3,000 range. On average, fans have paid an average price of $822.
* More tickets have been purchased for Mayweather-Mosley on StubHub than any other fight in company history, outside of Pacquiao-Clottey at Cowboy Stadium.
* This fight ranks No. 4 in terms of gross sales (No. 1: Mayweather-De La Hoya in 2007, No. 2: Pacquiao-Clottey in March, No. 3: Cotto-Pacquaio last year) and will likely take the No. 3 spot by fight night.
In a recent interview, Mayweather Promotions CEO Leonard Ellerbe commented about the succes of the event. “We already have $10 million at the live gate, which clearly indicates how hot this fight is. As a result, we’ve opened up 18,000 closed circuit seats in various locations in Las Vegas,” he stated. “Ticket sales are going very well. We hae a very limited amount of tickets. It’s a very hot fight and the fans are truly excited to see Floyd and Shane go at it on the 1st of May.” While his remarks are true, a closer look at the statistics will give a better idea of what to expect as far as the success of the promotion is concerned.
For example, the fact that fans have paid an average price of $822 is a clear indication that…well…tickets were extremely expensive, making it a lot easier to generate $10 million at the live gate. If we assume that every ticket was purchased through StubHub, then the attendance numbers would total a little more than 12,000, a good number, but still shy of the maximum seating capacity of the MGM Grand Garden Arena (approximately 17,000). Obviously every ticket wasn’t purchased through StubHub and that also doesn’t take into account closed-circuit tickets, which can also be purchased through various ticket vendors.
So it appears as though Mayweather vs. Mosley is indeed a hot ticket, but not quite as hot as Pacquiao vs. Clottey, which is the only fight that more tickets were ever purchased for through StubHub. It also has grossed less money thus far than Mayweather vs. De La Hoya, Pacquiao vs. Clottey and Pacquiao vs. Cotto. What does that all mean? Probably not much other than the fact that it appears Manny Pacquiao will have some statistics to point to should anyone ever doubt that he’s the biggest draw when it comes to ticket sales on StubHub.
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