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Posts tagged as “Oscar De La Hoya”

Mayweather-Canelo Fight Sets Pay-Per-View Record

By goodblacknews on September 19, 2013
Mayweather-Canelo Fight Sets Pay-Per-View Record

 
Floyd Mayweather wasn’t the only one raking in the dough Saturday night. The Mayweather-Canelo boxing match, broadcast on Showtime Pay-Per-View, snagged nearly $150 million, making it the highest-grossing pay-per-view of all time. The fight’s PPV gross topped 2007′s Oscar De La Hoya vs. Floyd Mayweather bout, which drew $136 million. Preliminary reports show the Mayweather-Canelo fight — titled “The One” — at roughly 2.2 million PPV buys.
The existing records for PPV buys is 2.48 million for the De La Hoya-Mayweather match, though Showtime notes that Saturday night’s fight may break that record, as well.“The One,” held at the Las Vegas MGM Grand Garden Arena, sold out within 24 hours of going on sale and broke a live gate revenue with $20 million.  Mayweather Promotions and Goldenboy Promotions promoted the boxing event.
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article by AJ Marechal via Variety.com

Floyd Mayweather Jr. to Earn Record-Breaking $41 Million For Next Boxing Match

By goodblacknews on September 5, 2013
Mayweather and Canelo face to face
Superstar boxer Floyd Mayweather Jr. is breaking the record for being the highest-paid boxer for one fight. He will reportedly net more than $41 million for facing Saul “Canelo” Alvarez.  
Mayweather’s Money Team signed a very lucrative contract with Showtime Networks earlier this year. The network will broadcast six of his fights over 30 months and they are set to pay him a whopping $200 million. Mayweather’s fight against Alvarez is the second fight of the agreement. Mayweather’s $41 million payday breaks the record he set when he fought Miguel Cotto and Robert Guerrero in May of 2012 and May of this year respectively. Each of those fights added $32 million to Mayweather’s bank accounts.
While $41 million is a hefty sum of money, Floyd Mayweather could possibly earn more through pay-per-view. According to reports by ESPN.com, people do expect the Mayweather-Alvarez bout to match or surpass the record of 2.44 million purchases. 2.44 million people generated about $130 million for the 2007 match between Mayweather and Oscar De La Hoya. It’s very likely This fight will be more successful than the bout between De La Hoya and Mayweather because Golden Boy boxing promoter Richard Schaefer says the fight has already broken the all-time record for ticket sales for an MGM Grand boxing match.
The Mayweather-Alvarez fight will take place on September 14.
article by Johnathan Hailey via theurbandaily.com