How Mayweather vs. Pacquiao Will Make $400 Million - Page 5
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The latest estimates have the May 2 match between Floyd Mayweather Jr. and Manny Pacquiao bringing in $400 million. Yes, that’s almost half a billion. But where does it come from?
It’s part of an intricate deal between HBO and Showtime, but the short answer is that a lot of people are willing to pay through the nose to see this fight. We crunched the numbers, and here’s how Mayweather vs. Pacquiao will make $400 million.
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Photo: WENN
Mayweather’s Showtime Deal
Mayweather is four fights into a $250 million deal with Showtime that covers six fights. Not that they’re hurting for paper, but Showtime made 60% of that $250 back off the Canelo Alvarez fight alone. It’s safe to assume everything moving forward is all profit.
Manny’s Money Motivation
Just because he doesn’t floss on Instagram the way Floyd does, don’t think Manny Pacquiao isn’t about his paper. In May of 2014, Pac Man re-upped with promoter Bob Arum’s Top Rank Boxing for an undisclosed amount. Even if he’s only taking in 40% of the split, that’s still 40% of a huge amount of money.
The Canelo Alvarez Numbers
In 2013 Mayweather vs. Alvarez earned 2.2 million pay-per-view buys, grossing a record $150 million.
Two New Deals
No major fight only covers one bout. So let’s assume Floyd and Pacquiao have a rematch regardless of who wins the May 2 fight. That will fulfill Floyd’s Showtime deal, take Pacquiao through his 2014 deal with Arum, and set them up for a crazy payday on a potential third fight if…
Age
If father time doesn’t catch up with both of these fighters before they can cash out, this is a great deal. Mayweather just turned 38, and Manny Pacquiao is 36. The clock is ticking, and Father Time is undefeated.
These Pay Per View Rates Will Hurt
Early estimates have this fight at $89.95 on Pay Per View with an additional $10 charge for HD. Obviously you’re not going to pay 90 bucks for a standard definition broadcast on your flatscreen. Round that up to a cool Benjamin Franklin if you’re planning a fight party.
The MGM Grand Is Taxing Too
Ringside seats at the MGM Grand are expected to cost at least $5,000 off top.
The Celebrity Factor
Both sides want to make at least $40 million in ticket sales alone, and very few of those tickets will be available to the public. So the people descending upon the MGM Grand will be big spenders adding to the ridiculous amount of money Las Vegas rakes in from tourists annually.
Betting Odds
We’re not advocating gambling, but right now Mayweather’s odds are -240. As the old saying goes, “Scared money don’t make none.”
Mayweather Gets a 60/40 Split
When you’re potentially talking this many millions, neither side is really losing in the negotiations. But regardless of how much this fight makes, Mayweather gets the slightly larger figure of 60% of the profits.
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