Floyd Mayweather Jr. sees 5.2M PPV hits, $700M in revenues
Floyd Mayweather Jr. AP FILE PHOTO
ASSURED of a record cash windfall from his recent blockbuster bout with Manny Pacquiao, Floyd Mayweather Jr. is looking at even greater figures.
With pay-per-view results still coming in and merchandise sales yet to be fully accounted for, Mayweather is looking at final PPV buys of 5.2 million and total fight revenues of $700 million.
“All of the stats have not come in yet,” Mayweather told DJ Whoo Kid in a call-in on Shade 45 Radio Saturday.
“As of right now, we are somewhere over 4 and a half million (PPV). I think that when it’s all said and done, we should be at 5.2 million. And then also with the overseas and everything plus merchandise, we have a possibility of reaching $700 million.”
These figures eclipse the initial estimates of 4.4 million PPV buys, which have already obliterated previous records of 2.48 million buys for Mayweather’s clash with Oscar De La Hoya in 2007, and gross revenue of $500 million.
The $72,198,500 live gate sales Mayweather-Pacquiao generated on May 2 at MGM Grand Garden Arena also dwarfed the previous high of $20 million for Mayweather’s encounter with Canelo Alvarez in 2013.
Foreign television rights alone for the welterweight unification fight won by Mayweather amounted to $35 million, with sponsorships contributing $13.2 million, and closed-circuit sales netting $6.9 million more.
If Mayweather’s projections hold true, his earnings will climb to over $240 million and that of Pacquiao to about $160 million.
