The Mayweather-Pacquiao super-fight at the MGM Grands on May 2 generated high values. The official numbers are finally out to out-number expectations and shatter previous records. The fight generated 4.4 million Pay-Per-View (PPV) buys, which generated more than $400 million in television revenue only, according to Showtime and HBO.
It has shattered the previous record of $ 2.48 million, a record PPV sales during Mayweather-Oscar De La Hoya in 2007. It is way above the pre-fight estimate of 3-3.8 million.
There were innumerable revenue streams, which when combined, generated more than $ 500 million in aggregate; the television revenue being the biggest chunk.
Other streams of revenue were ticket sales, closed circuit-view in bars, international broadcast sales, sponsorships and merchandise. The aggregate revenue from these streams is $ 155 million, which has also exceeded the prior estimated value of $133 million.
That takes the total revenue of the mega-bout to a staggering $550-595 million. This depends on how many PPV’s were HD costing $100, $10 more than SD.
Out of this combined revenue, more than $350 million will go to Mayweather and Pacquiao.
Mayweather may take home $210 million, and his Filipino rival would grab $142 million, according to David Mayo of Mlive.com.
Now why did Floyd Mayweather Jr turn down a rematch? Even half of the revenue is lucrative pay for a single day’s job.