Floyd Mayweather, Jr. announced via his Instagram account that he will be boxing Logan Paul in an exhibition on February 20, 2021. The PPV structure offers a unique buy-in which allows those wishing to purchase early a cheaper buy-in.
The event, which will be held at a yet-to-be announced location offers those wanting to purchase the event by the end of the year a chance to buy the exhibition for $24.99. After 1 million sold it will go to $39.99 or $59.99 starting December 29th. After February 11th it will be $69.99.
Logan Paul is the brother of Jake Paul who fought last weekend on the Mike Tyson-Roy Jones, Jr. PPV in which he knocked out Nate Robinson.
Mayweather last fought in an exhibition in Japan on New Years Eve of 2018. He defeated Japanese kickboxer Tenshin Nasukawa in the first round. According to reports Mayweather earned $9 million for his brief work.
Logan Paul fought two exhibitions against fellow YouTuber KSI. The first resulted in a majority draw and the second saw KSI win a split decision.
Payout Perspective:
In all honesty, this will be an intriguing look at the popularity of the novelty boxing match. The Pauls have been polarizing figures and despite the repulsion to embrace them as legitimate boxers, they garner a lot of interest due to their built-in audience of YouTube fans. The PPV structure of the cheaper the PPV will be the sooner you purchase it will be interesting to see as how many people will purchase the event early to lock-in a cheap price.
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