Floyd Mayweather and Manny Pacquiao will fight at the the MGM Grand Garden Arena on May 2 in one of the most anticipated boxing matches of all time. (cboxinginfo)
In what has become possibly the most hyped boxing event in history, Floyd Mayweather Jr. and Manny Pacquiao will finally meet on May 2 in Las Vegas. Some say this will be the best fight of all time, but I have a different theory on the this mega-fight.
I think the fate of this matchup has already been determined. Yes, I am saying it, I think the Mayweather and Pacquiao fight is fixed and I think it has a lot to do with the enormous amounts of money involved.
According to Forbes, each fighter is expected to earn around $100 million. That is $25 million more than Mayweather has ever made off of fight. Mayweather holds the record for the most earnings made off of one bout when he made roughly $75 million for fighting Canelo Alvarez in 2013.
The most Pacquiao has ever made was $30 million when he faught Juan Manuel Marquez in 2011.
According to multiple media reports the split for the fighters earnings is 60-40 in favor of Mayweather. For example, if the fight makes $250 million, the split would be that Mayweather makes $150 million and Pacquiao $100 million.
The reasons for these massive earnings is mainly because of the expected pay-per-view buys and ticket prices.
The pay-per-view price is an unprecedented $90 for standard-definition and if you want to the the fight in high-definition, $100. Ticket’s for the event span from $1,250 to $6,000 according to Daily Mail and that is not counting how high ticket prices will actually be when sold on websites such as StubHub.
With these facts it makes sense that Bob Arum, who is the promoter of the bout, projects that the fight will result in around $300 million worth of earnings.
Now, here is where my prediction comes in. Lets say that the fight does generate $300 million dollars. According to Yahoo Sports, Mayweather has one more fight on his six-fight contract. If the bout ends in a draw, then we may see a rematch between the two which would likely make more than the $300 million from the first fight.
That would mean these guys would make upwards to $350 million each for fighting twice. Why would Mayweather and Pacquiao not just draw in the first fight and have a rematch that would really determine the winner, but with each fighter making boatloads of money while doing it.
Let’s say Pacquiao beats Mayweather in the second fight. You would have the biggest rematch of all-time. That would likely eclipse the first two fights profits and would earn the fighters somewhere in between $200-$300 million each in total earnings.
Now, if you look back at the projections you will see that the fighters would be making upwards to $700 million for fighting three times.
Why would these guys want to fight once and earn $100 million when they could fight three times and make $700 million. There could still be some pride issues on the part of Mayweather, because of his undefeated record, but if he could get over that and lose once, then these guys are free sailing to hundreds of millions of dollars in the future.