Floyd “Money” Mayweather is guaranteed $41.5 million in his upcoming fight with Canelo Alvarez. Mayweather’s take and some other hefty financial terms were revealed regarding the September 14th event entitled, “The One”.
According to Forbes, the Mayweather guaranteed payday is even before any of the PPV cut which is to approximate a total of $140 million if the Golden Boy prediction of 2 million PPV buys is correct. Also, Mayweather will receive a portion of the closed circuit and movie theatre showings. 500 theatres will carry the Mayweather-Canelo fight which is 5 times as many as the previous high. In a teleconference held today, Mayweather rep Leonard Ellerbee stated that almost all tickets for the closed circuit showings in Vegas are sold out. There are approximately 25,000 seats at $100 per ticket.
The gate for Canelo-Mayweather will have the largest gate in combat sports history as it will come in at $19,905,000 according to the Sports Business Daily (subscription required). SBD also indicates that sponsors will be paying rights fees of $2 million. Seven sponsors have signed up including AT&T, Corona and Valvoline.
Payout Perspective:
The guaranteed payday as well as the multiple revenue streams shows Mayweather’s business acumen. While Showtime and Golden Boy have spent a lot of money to promote the fight including a multi-city press tour, huge promotional and marketing campaigns and 360 shoulder programming, it appears that based on the gate and closed circuit sales, a lot of fans are excited about this fight. We will see if the PPV buys will break a record.
On a side note, ESPN’s Dan Rafael tweeted Dana White about whether a UFC fighter would ever make $41.5 million. Of course, White tweeted back.
Question for my man @danawhite: Could a UFC fighter ever earn the guaranteed $41.5 million that Floyd Mayweather will earn next week?
— Dan Rafael (@danrafaelespn) September 5, 2013
@danrafaelespn we have been here for 13 years started making $ in 2007 continue to grow in the US and globally so I would have to say yes.
— Dana White (@danawhite) September 5, 2013
@danrafaelespn I love to see boxing kill it like this. I hope they break the PPV record too. It shows how many people will Buy right fight
— Dana White (@danawhite) September 5, 2013
Another reason why ESPN sucks. Who does any fighter have to make that much money? So that goofy looking Rafael is happy that FMJ takes all the money when he could give more to the undercard fighters? He could also book more name fighters on the card and actually give the fans their monies worth. He could also start promoting up and coming fighters and promote smaller cards he isn’t on to help boxing like the UFC does and ODLH id doing with him company and getting his fighters tv deals. It is a disgrace FMJ makes so much money while at the same time jacking up PPV prices because he never has enough. While fools like Dan Riff Rafael think its a good thing because they think they are a part of something and keep getting suckered out of more of their money. Yeah it is a good thing. A good thing FMJ is only suckering the uneducated fools.
BTW, no one in the NFL or NBA will ever earn 41 million in a game or an entire season. Does that mean those sports are below boxing? It doesn’t mean shit. Not a single boxer made the Forbes top 10 most influential athletes in sports. No where near the most popular athletes. That money has no significants at all except to show how broken the boxing model is. Boxing just has a couple personalities that sell. The sport itself isn’t doing as well. Some of that money needs to go back into the sport and create a sport people can follow and get behind. Not just when a specific personality comes along or the 1 or two fighters at any given time.
I find it extremely funny that as someone who follows combat sports and I have only heard of a couple of Canelo’s opponents. How is it the guys runs off 40-0 record and no one know or cares about him until he fights FMJ? Isnt this guy supposed to be one of the best? Why did he have to fight so many fights to be heard of? How can you be 40-0 and come out of no where? Only in boxing. After he loses there will be another guy come out of no where with an amazing meaningless record no one has heard of to fight the champ. The champs will keep milking the money from the sport so you never hear of these guys too. Funny how adding a couple name fighters who are on the decline to a padded record can all of a sudden make you credible.
Hahaha…b.s. is ranting again….
Now that’s real money!!!
Funny thing is from 2005 to around 2009 or 10…..Dana’s mantra is boxing is dead….now aside from the boxing bashing every now and then Dana is now singing a different tune..I like they break ppv ,killing it like this etc……it’s been 10 years and he is still comparing the UFC to boxing….and boxing is still bigger globally and has way more money…..
Lol…b.s. is trying his best to downplay the huge amount that mayweather is getting……try harder b.s. write more essays
No fighter will ever make that much in the UFC ever, Floyd has his own promotion company, is an executive producer in the all access series and bears some of the costs in production — therefore he reaps the biggest rewards. The sponsors pay directly to showtime, golden boy and mayweather promotions & they receive a cut from pretty much everything — PPV, Theater showings, closed circuit, network rights in other countries etc.
The UFC would never allow any fighter to really be in business with them, when was the last time you saw the UFC co-promoting with anyone? At best they’ll get some crappy spokesperson jobs in the UFC and some commentating gigs but you’ll never see them as executive producer of anything or with their own promotion company, as far as the UFC is concerned the fighters are just hired talent with a very short shelf life.
You could also ask whether or not another boxer will ever make this much. Once Floyd and Manny retire, are there currently stars in the making that can hope to touch their drawing power and can continue to bring boxing this level of mainstream attention? Hard to say, but it’s only a handful of years away.
@MV
Canelo is probably the closest to be groomed for this spot. Broner? Maybe. Chavez, Jr. If he were to clean up. I’m always amazed that the Klistchkos are relatively anonymous in America but it could be argued they are one of the top Heavyweights in their generation.
Canelo is really the next star and if he can beat Floyd he becomes king. if he loses they can still sell him cause he is young and only lost to Floyd.
Other than that i dont see Broner ever being near what Floyd is because frankly he isnt as good. Most think if he fights someone like LM he would get destroyed.
I think alot of fans feel Broner def has talent but he tries to be like Floyd and he isnt as good and eventually he will have to fight a really good fighter and he will lose.
Ward is great but he is one of those guys who are so good but will never be a star.
JCC has the name and coudl be a decent sized draw but not like Floyd/Manny.
GGG is a monster. Its hard, its not easy in mma or boxing to actually build a star. You can have all the talent and be great and still not be a big draw.
So Canelo is the guy. He will be a star no matter what but if he beats Floyd the floodgates will open for him.
“@MV
Canelo is probably the closest to be groomed for this spot. Broner? Maybe. Chavez, Jr. If he were to clean up. I’m always amazed that the Klistchkos are relatively anonymous in America but it could be argued they are one of the top Heavyweights in their generation.”
They definitely are. The longevity of Wlad has been what’s most impressive to me. If he successfully defends against Povetkin next month that will make 15 successful world title defenses and a 7 and a half year championship run. Very impressive.
$23.3 Million purse bid for Klitschko-Povetkin in October ain’t too bad eh… http://espn.go.com/boxing/story/_/id/9207679/eventual-wladimir-klitschko-alexander-povetkin-fight-fetches-233m-purse-bid
You can always tell the lack of intelligence in a person when they bring up the same, tired, recycled argument of… “Well, when ______ retires, who in boxing will make money?”
I mean seriously… you really believe that’s a profound questions?
Amazing how small Brainsmasher’s world is. Actually it’s not amazing…
Canelo is a household name in Mexico. Nobody in the UFC or the UFC itself will ever be a household name in Mexico. Just look at their crappy television distribution deal down there. It’s probably one of the sorriest excuses I’ve ever bore witness to.
It’s not a question of “who will make money in boxing after Floyd?”
If you’re going to ask “could a UFC fighter ever earn the guaranteed $41.5 million that Floyd Mayweather will earn next week?” then I think it’s appropriate to ask the same question about Floyd’s own sport. The answer is “who knows.” What bothers me is the way Floyd’s salary is always pointed towards as some blanket statement about the money boxers get paid, when only Manny even comes close (though he’s also a pretty big outlier). It’s NOT a standard payout for boxing. At all. Only one man has the drawing power to demand that much.
That’s nice that Klitschko made $17.5 million (though the referenced article indicates they didn’t expect that much) against Povetkin, but that’s still less than half of what Floyd makes from his purse alone; their salaries are worlds apart.
Any boxer that carries that same crown and business model could essentially do the same.
It’s not about Mayweather, it’s about the business model.
Hard to say if another boxer and their management would be able to negotiate with the same savvy Mayweather and co. have. It’s not what you’re really worth per se, it’s what you can negotiate.
Dana cant lie and bs to a guy like Rafeal! Rafeal is probably the most honest and real sports writer in boxing! He would destroy and expose Dana and the UFC on facts if he wanted to. More people read Dan Rafeal’s articles than all the MMA fans times 10. Dana is slowly learning how to play the game and knows he cant win against certain aspects of boxing. I love both sports, they both have their good points and bad. But as far as money goes for name fighters, you cant even compare the two, anyone that does just doesn’t understand any sense of business! Until the face of MMA is no longer the president of a company and becomes a fighter with a nice record and run, MMA will never climb the way people thought it would. Just think about it, the only person you can consistently associate the UFC with for the last 13 years isnt even a fighter.
As long as the revenue streams are in place to pay the fighters this type of money… it’ll happen.
The main thing I want to know is what Zuffa did with that $300 million dividend they paid themselves from that $500 million loan.
That’s all I want to know.
Whats it matter what they did with their money? I don’t care if they each got 100 million each. They still have to pay it back and it is their responsibility. What ever they get they all have earned it. They have created a comfortable living for thousands of people from their hard work. I dont begrudge anyone for being successful or rich. No one can say those in Zuffa havent busted their ass for many years. They deserve everything they get in my book. As a fan in the old days I got like 20-3 fights a year and thought the sport was going to be dead. Fighters who were already fighting and expecting no money can now make very good money/ No one has anything to complain about. Of course everyone would like more. We always do. But that doesn’t mean Zuffa shouldn’t be rewarded like any other company or person who creates something this big. Just because this is entertainment or a service rather than a gadget doesn’t mean their rewards should be any less.
“Whats it matter what they did with their money?”
Too much debt is a killer to even the strongest of businesses. Given that the UFC is trying to grow and now seems to be waning in popularity, it would be better if the debt burden which has now become harder to pay went to something good for the business rather than good for the owners.
If the UFC didn’t have so much debt, the decrease in popularity would be less of a big deal. Not good for owners to kill a sustainable business because they are too greedy. If the $300 million went to growing and developing the UFC it would be different. Plenty of strip casinos and Stations Casinos have had to learn this old debt lesson the hard way. If your debt gets too high there is a point where even astronomical success cannot pay for it anymore.
It matters what they did with the dividend because it would paint a clearer picture of exactly how financially healthy the business is.
If they took the dividend to spend marketing dollars or lobbying dolalrs off the books to paint a picture of UFC revenue health compared to expenditures it makes a HUGE difference. From all accounts it appears to me that the UFC is looking to sell the entire company within the next 2 years to FOX.
I mean… Dana himself stated that he wouldn’t be in this thing forever.
Fat Dan is a joke, he’s clueless “journalist”.
DW is full of it, no fighter under his promotion will ever get serious money, it would mean that a fighter would be bigger than the UFC.
That’s the last thing DW wants.
Boxing is definitely dying. For one fight Mayweather is guaranteed almost half the amount of 1 year of UFC’s FOX deal. And Klitschko might make a paltry 17 million with pretty much no USA presence if his deal goes through. Boxing is definitely on its last legs…
And then Pacquiao-Rios is happening in November set to be seen by over 500 million people in China.
Carl Froch vs. George Groves will be legitimately HUGE in the UK as well.
Mayweather is also making about 90% of what every else in boxing is making combines.
Oh and for those of you who piss and moan over UFC pay. Here is Kevin Randleman.
“KR: It’s so mainstream now, and I know that everyone thinks that Dana White should pay more money and all that bulls–t, but half the boxers in this world get beat worse in one fight than I’ve ever gotten beat all together. I’ve never really taken a shot to the head ever. The one time I ever really took a shot, I don’t even remember the f—ing day. When I fought Quinton Jackson, he hit me with a knee and got me again with another one. I don’t remember s–t about that day. I woke up around 3 a.m. in the morning. I must have been just walking around on autopilot. So I appreciate what we have now because those kids can make a lot of money and I love this sport.”
Wow a lot of UFC fanboys up in arms lol….
The argument after mayweather and pacman is the same logic Dana said when dela Hoya retires there won’t be ppv over 1million…..duh….
I like randleman but he is full of it. He never got hit hard? liddell one punched him.
Just because he doesn’t remember the punch landing doesn’t mean it didn’t happen.
I agree he has been KO’ed a couple times. But the fact is out side those few strikes. He rare got hit. Which is a testament to the wrestling style in MMA. If not for Couture hanging around so late into his 40’s. He could have retired and almost never have been punched in the face. How many times can you remember Matt Hughes getting hit in his prime?
Matt hughes got choked unconcious en route to winning his title. He lost to charuto. trigg nearly knocked him out the second time. He got hit plenty of times. if you watch the matt hughes docimentary he talks about not being able to act on instinct and having to think about doing moves. And that’s only what we saw. his sparring sessions at miletiches were probably brutal.
That was at the end of his career. Not during his peak run. Until he lost to Penn. He never had to stand or get hit by anyone.
Hughes career peaked just before he lost to gsp. That was in 2006. The end of his career was in 11…yet you say the end of his career also coincided what another championship. You’re a zuffa stooge and an embarrassment.
Just because he was a contender doesn’t mean he wasn’t at the end of his career. When you are at the top. You stay there even when you are washed up. Couture ended his career basically in the top 10. Because he used to be there and was able to fight top guys and get good match ups and never left. He would have never made it to the top with his abilities at that time. The fact he was still fighting big names and not ranked 100th means nothing. Same with Hughes. He was already at the top because of what he did in his prime. towards the end all you have to do is win a good match or or two and you get a title shot. IN their prime they have to win many fights vs all styles. The later Hughes could never have done that. When you are a name they can keep you relevant. Do you reallt think beating a 155 lb Matt Serra, or any of the old BJJ guys he fought really meant he was still at the top of his game? Just like boxing. If you hang around after your prime. You will take your lumps. But in MMA they don’t have to spar striking as many rounds like boxers. They have other things to train. They don’t get hit as much in fights as boxers and when it is all said and done they don’t get knocked out as much as boxers.
Remember all those knock downs in boxing would effectively be knockouts in MMA. They get rocked and knocked down and often even out and get time to recover. Many of those would have been finished off in MMA. But they never show on a boxers record. Medically it is a knockout even if technically it isn’t by boxing rules. Boxers suffer way more “knock outs” than MMA fighters of the same level.
Actually boxrec records when a knockdown happens. I will use a familiat face to discredit you. http://boxrec.com/list_bouts.php?cat=boxer&human_id=297539 ser how it has one of his opponents getting knocked down twice?
That is not part of the record boxing uses for its fighters. You will not see that shown before a fight. No one looks at it or cares. Also just because someone is knocked down doesn’t show if they were rocked or not. So it isn’t an indicator of damage which is what we are essentially talking about.
W/e. the ufc will flat out lie about a fighters record like the time royce got smashed by hughes. they labled royce as undefeated when he had been beaten several times before.