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Boxingscene.com

Mayweather-Pacquaio: Ticket Brokers Losing Their Shirts

By TMZ Sports

It was supposed to be the hottest ticket of the year ... but it's gone cold ... and now multiple investors who tried to flip tickets to Mayweather vs. Pacquiao tell TMZ Sports they're losing BIG MONEY.

As we previously reported, ringside seats hit the market for upwards of $80,000 ... and face value of the crappy seats originally went on sale for $1,500.

A bunch of high profile ticket brokers and investors bought up as many tickets as they could get -- thinking it was a sure bet ... since interest in the fight has been through the roof.

But it just ain't panning out -- with one broker blaming the high prices and the fact that tickets only went on sale 10 days before the fight -- and investors are losing their asses.

One company told us they initially bought 80 tickets ... but only moved 20 ... and now they're holding the bag on 60 high-priced stubs.

"It's an embarrassment. We lost a significant amount of money," one broker tells us.

Same story for another ticket broker -- who tells us things have gotten "desperate" and they're slashing prices like crazy.

At this point, we're told brokers are just trying to break even ... and anything more than that would be a huge victory at this point.

User Comments and Feedback (Register For Free To Comment) Comment by ThePrince on 05-02-2015

[QUOTE=heavyhands702;15630552]That's what their greedy ass get. lol:owned2:[/QUOTE] Amen. Don't feel bad for them in the least. Who the hell would pay $1,500 for nosebleed seats? Also, this is what happens when you give these guys only 10 days to move…

Comment by jdp28tx on 05-02-2015

Mayweather Promotions are to blame for this. Now I read that hotel prices are rapidly falling this weekend in Las Vegas. 1st, no real fight promotion, then tickets too over-priced, finally tickets not available until 9 days before the fight.…

Comment by mathed on 05-02-2015

LMAO, nice...some fine justice there. I'll be just fine with my $100 PPV. Splitting with some friends, got plenty of high end brews, chicken platters, meatballs, pasta salad. Quite the little get together for about $75 when it's all said…

Comment by ShoulderRoll on 05-02-2015

[QUOTE=DeadLikeMe;15631442]So let me get this straight, you're actually cheering for the brokers?[/QUOTE] He hates Floyd and his team that much that he is actually sympathetic to the ticket brokers. :lol1::lol1: Kind of pathetic.

Comment by chaos on 05-02-2015

[QUOTE=Balloonknot;15631072]swerve!! i could buy two honda civics with that money[/QUOTE] I'm guessing you're not part of TMT with that comparison.

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