Saturday 2 May 2015

Pacman Set To Profit Large After Mayweather Bout

As the world awaits the ‘Fight of the Century’, Manny Pacquiao (36) will certainly be smiling all the way to the bank after Saturday’s fight against Floyd Mayweather (38).

Forbes reports that the battle between the currently undefeated Mayweather and the Filipino national will see Pacquiao joining the ranks of athletes such as Tiger Woods, Lebron James and Roger Federer who earned at least $425 million (R5 billion) during their careers.

Pacquiao’s boxing career earnings, including endorsements, are set to increase to $400 million (R4,7 billion).

The fight, which has taken almost six years to organise is not only the most-anticipated fight in the world, but will give both boxers the biggest payouts of their careers.

Mayweather is expected to receive at least $150 million (R1,7 billion), while Pacquiao, who has received support from former world champion Muhammad Ali is expected to pocket at least $100 million (R1,1 billion) from the fight.

The fight is also predicted to become the most popular pay-per-view fight in the history of sport, according to the Daily Mail.

While Mayweather’s fight with Canelo Alvarez in 2013 was said to be the richest boxing fight in history, generating $200 million (R2,3 billion), this fight is predicted to exceed that figure. It’s expected to generate about $300 million (R3,5 billion).

Viewers in the US will pay R1 065 to watch the fight, while British viewers will be charged £19,99 (R364, 34).

Arriving in Las Vegas this week, the fighters were welcomed by thousands of fans. The BBC reports that Pacquiao told his fans: “Don’t get nervous. I’m the one fighting, so relax. I’m very excited and my confidence is one hundred percent.

“Any time I am the underdog, I like that. It means my killer instinct and focus is fully there. This is the moment I believe he will experience his first loss.”

Out of 47 matches, with 26 knockouts, Mayweather, who is nicknamed ‘Money Mayweather’ has never lost a fight, while Pacquiao aka ‘Pacman’ has had 57 wins with 37 knockouts, two draws and five losses.

The match will take place on Saturday 2 May at the MGM Grand Casino in Las Vegas.

Sources: Forbes, Daily Mail, Telegraph, BBC