Floyd Mayweather To Potentially Earn $100 Million PayDay Against Canelo
Floyd Mayweather is already set to make a record, guaranteed $41.5 million-dollar purse for his title fight against Saul "Canelo" Alvarez in Las Vegas on Saturday (September 14)... but the final total will be a lot more.
According to a Yahoo! Sports report, the undefeated boxing star could rake in as much as $100 million when the fight's over... thanks to a revenue split in PPV sales.
Mayweather Promotions head, Leonard Ellerbe, tells Yahoo! that the $41.5 million check he'll receive on Saturday is just the beginning of what Mayweather stands to make if the fight breaks the all-time PPV record of 2.5 million... as most expect.
"The sky's the limit on how well this fight does," he said. "If this fight goes through the roof, Floyd Mayweather could make $100 million in this fight as sure as we're standing here talking".
Yahoo! points out that reaching that $100 million-dollar number may be difficult though.
"That seems virtually impossible given the math," writes Yahoo! Sports. "For the sake of argument, assume an average purchase price of $70, since the HD version is $74.95 and the standard definition version is $64.95. Golden Boy CEO Richard Schaefer said sales skew slightly in favor of the high definition version."
And if Mayweather/Canelo does sell 3 million in ppvs that would break the existing record by 25 percent "and doesn't seem possible," the publication writes. "That would generate $210 million in net revenue. In pay-per-view, half of that money goes to the cable, satellite and telephone companies that distribute the fight. That would mean the promotion would net $105 million out of the pay-per-view sales. To get to $100 million, Mayweather would have to earn $58 million in pay-perview revenue out of that $105 million."
Despite the math, Ellerbe maintained that $100 million isn't out of the question.