Floyd Mayweather v Manny Pacquiao is, without question, the most lucrative boxing fight ever. The prize fight is worth a total of $300 million (£198m) – and boy is it worth each and every penny. Mayweather and Pacquiao aren’t just boxing for an amazing pay check – but they will fight for a place in history that even money can’t buy.
So, what is the cost of MayPac? Here’s a money breakdown for you, according to UK Business Insider…
1. The Fight Split
Win or lose, Mayweather is taking home the biggest share of the cash, as the $300m will be split 60/40 in Mayweather’s favour. This is in addition to his current $400m bank balance. Sheesh!
2. Ticket Sales
The Mayweather-Pacquiao fight will generate an incredible $72m (£48m) in ticket sales. The cheapest seats cost $1,500
The fight will generate an incredible $12m (£8m) in sponsorship deals alone. Mayweather Promotions and Top Rank – who are the promoters that represent both Mayweather and Pacquiao – have set a minimum sponsorship bid at $1.5m.
The fights biggest sponsor is Tecate, who are a Mexican beer company and have signed a $5.6m deal. The Mexican Tourism Board, Paramount Pictures, The Weinstein Company and the Filipino telecoms company Smart Communications have also signed deals.
4. Pay-Per-View Sales
Pay-Per-View sales for the Mayweather-Pacquiao fight could reach an incredible $270 (£179m). Standard definition is available in the US for $89.99, whilst HD is priced at £99.99. The fighters will receive a 55-65% share of the profits.
5. Mayweather-Pacquiao Merchandise
You would think there was no other way the fight could make money, right? Wrong! It is expected the fight will create $1m (£661,000) in merchandise sales, which includes everything from t-shirts, hoodies, caps, keychains and posters.
6. Closed Circuit Broadcast
Plenty of people will head to bars to catch a glimpse of two of the greatest modern-day boxers fight it out to prove who is the best welterweight. Closed circuit broadcast at bars is therefore expected to result in a $13m (£9m) revenue.
7. Floyd ‘Money’ Mayweather
Floyd Mayweather has earned approximately $420m (£278m) in his boxing career. He received $32m (£21m) for his last fight and his biggest payday, before Pacquiao, was against Saul Alvarez, taking home $75m (£50m). He also made an additional $20m from Pay-Per-View sales.
Mayweather also signed a $200 million (£134m) deal with Showtime – which has been labelled the richest individual athlete deal in all sports”. Not bad for a boxer that has no endorsement income!
8. Manny ‘Pac-Man’ Pacquiao
Manny Pacquiao might not be as rich as Floyd ‘Money’ Mayweather, but his career earnings aren’t to be grumbled at. He’s earned $335m (£221m) in his professional career, with his last fight earning him an amazing $23m (£15m). His biggest payday was against Marquez III, as he brought home $30m (£20m).
9. The Payout
Both Manny and Floyd will receive an amazing lump sum for 12 rounds or less. So, what will they spend their money on? Promoter Bob Arum believes Mayweather’s money will be spent on his love of cars, whilst he believes Manny will donate even more money to charity.
10. Biggest Boxing Purse in History
The Mayweather v Pacquiao showdown will undoubtedly dwarf the biggest boxing matches in the sport’s history, which includes Mayweather’s fight against De Le Hoya in 2007, which made a reported $52 million.
Tune into Mayweather v Pacquiao on 2nd May 2015 for an unforgettable night of sport. This is one boxing fight you won’t want to miss!