Mayweather to earn at least P9 billion from Pacquiao fight—report
Manny Pacquiao (left) and Floyd Mayweather Jr. AP FILE PHOTO
True to his moniker, Floyd Mayweather Jr. is about to make some money. Lots of it, actually.
According to ESPN.com, boxing’s pound-for-pound king is expected to earn $220 million to $230 million (approximately at least P9.93 billion) from his fight against Manny Pacquiao.
Pacquiao, based on their 60-40 pay agreement, will rake in about $150 million (approximately P6.78 billion) but his earnings will take a significant cut after he pays promoter Bob Arum and Top Rank, as per ESPN.com.
Mayweather has no such worry as he owns his own promotional company.
Both fighters will earn their biggest paydays in their careers after working for 36 minutes and wearing ultra-comfortable shorts.
READ: Mayweather, Pacquiao top Forbes’ highest-paid celebrities of 2015 | Pacquiao may earn P5.28 billion in Mayweather fight
According to the report, the money to be given to the boxers would come from the guaranteed fight purse, $72 million in tickets sales-this doesn’t include the record $19 million pay-per-view sales- and a record $6.9 million from closed-circuit revenue.
The rich just got richer. IDL
