Manny versus Floyd biggest sports money-spinner ever
The epic dream fight between Floyd Mayweather Jr and Manny Pacquiao on May 2 has redefined our perception of a hot ticket event.
The MGM Grand arena in Las Vegas holds just 16,800 and already demand has resulted in a second upward readjustment of the ticket prices. Two years ago, Mayweather's fight with Canelo Alvarez grossed over $20 million. This time, tickets sales will generate $74 million. Prime seats will cost between $10K and $7,500. With a pay-per-view price yet to be announced, expectations are that the record 2.4 million buys for Mayweather's fight with Oscar De La Hoya in 2007 will be outstripped.
Include overseas sales and the gross for this fight could be stratospheric. Press accreditation for the recent press conference in LA was over 700. The diamond-encrusted WBC Emerald belt the winner of the Fight of the Century will lift is worth a million bucks. "You get to this level where you're making nine figures in 36 minutes," says unbeaten Mayweather (pictured), "And you have to be a winner."