Boxing has big weekend
September 17, 2012
This weekend saw some big boxing action with Top Rank and Golden Boy Promotions going head to head Saturday night with competing PPVs. The main event for Top Rank had Julio Cesar Chavez, Jr. succumbing to Sergio Martinez. Golden Boy had Canelo Alvarez winning by TKO victory over Joseito Lopez.
According to the Nevada State Athletic Commission it was a sellout at the Thomas & Mack Center in Las Vegas for JCC-Martinez with 16,939 tickets and 751 comps. No tickets were unsold. The gate was estimated at $3 million.
The NSAC also reported that the Alvarez-Lopez fight was a sellout although there was some controversy behind these numbers. It did a gate of $1,618,150 with 12,860 tickets purchase (and 0 unsold) and 1,659 comps. Despite the announcement of a sellout at the weigh-ins, tickets were still available for sale. But, it appears a late surge in ticket purchases made this a true sell out.
Earlier this year, we reported on whether the boxing business could make a comeback. This weekend helped persuade us to believe that it can. The better news is that this weekend did not feature Pacquiao or Mayweather. Which means that boxing had a buzz without its two big draws and there will be boxing after these two big stars. The JCC-Martinez 24/7 episodes on HBO were interesting and drew the viewer in and perhaps it seemed fresher because it was not a rehash of Pacquiao or Mayweather.
Couple this past weekend with last weekend’s Chad Dawson-Andre Ward fight on HBO, and boxing is interesting once again. Realistically, many still will clamor for Pacquiao and Mayweather but this past weekend showed that boxing is on its way back.