Why Floyd ‘Money’ Mayweather is an Undisputed Champ in Boxing and Business

Why Floyd ‘Money’ Mayweather is an Undisputed Champ in Boxing and Business

Overview

Mayweather has generated a staggering amount of career earnings, which is projected to top $1 billion

by Selena Hill

If you wonder why six-time boxing champion Floyd “Money” Mayweather came out of retirement to face off with Conor McGregor, a UFC star who’s never stepped into a professional boxing ring, part of that answer is simple and, somewhat, obvious: it’s about the money.

Floyd Mayweather

Image: Floyd Mayweather via Instagram/floydmayweather)

 

 

Although the world-renowned boxer named other reasons behind his decision to step in the ring with an opponent many deem unworthy, the candor in this statement is indicative of his business acumen and the drive that has made him one the highest paid athletes of all time.

Throughout his career, Mayweather has earned millions per fight and amassed a staggering net worth of $340 million. Still, that has not deterred him from taking advantage of an opportunity to earn more money, even if his unbeatable record is on the line. With this fight, he is projected to raise his career earnings to top $1 billion, which would place him in an elite class of athletes (like Tiger Woods and Michael Jordan) who’ve reached this astounding benchmark.

Mayweather

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How Much Will Mayweather Earn From Fighting McGregor?

 

According to reports, Mayweather is slated to earn $400 million from his fight with McGregor whether he wins or miraculously loses. His projected earnings can be broken down by pay-per-views buys, tickets sales, and sponsorship.

Pay-per-view Sales

In addition to his wealth and undisputed boxing record—49-0, with 26 knockouts—Mayweather is known as one of the biggest pay-per-view attractions in sports history. This Saturday, viewers will pay $99 to watch the “PPV King” rumble with McGregor in HD and $89 for SD. In total, the fight is expected to generate about $400 million in PPV orders, just like his 2015 fight with Manny Pacquiao, which produced a record-breaking $4.6 million PPV buys. Also, the fight is likely to generate a killing overseas since it has a MMA crossover appeal and McGregor has a huge international following.

 

 

Ticket Sales

Even though tickets sales to watch the Mayweather-McGregor fight inside the T-Mobile Arena in Las Vegas have not been as robust as expected, sales are still estimated to reach at least $50 million, which is pretty impressive.

Sponsorship

According to The Telegraph, Mayweather will walk away with $25 million in just sponsorship deals alone from this one fight.

“The extraordinary earning power of Mayweather’s brand has seen his sponsorship partners One Entertainment request up to $15.5 million for six sections on the boxer’s shorts, with requests for $3.5 million for his waistband, and $1.5 million for a 4 x 2 inch patch on the front thigh of his shorts. They are asking for $1 million for his robe and even a million for his ‘victor’s cap’.

“The ring cushion behind Mayweather’s head during the fight, in one of the corners, has been bought out by a betting agent for $3.1 million. Mayweather Promotions are also asking for additional compensation for mass production of any caps or boots.”

How much will each fighter earn?

Although Mayweather and McGregor signed confidentiality agreements, it is estimated that Mayweather will take a majority stake in from revenues that will be split either 70/30 or 75/25. As a result, Mayweather will earn approximately $220 to $240 million, while McGregor will gain about $70 million.

A History of Mayweather Fights

Early in his career, the self-proclaimed TBE (“The Best Ever”) boxer earned $2 million from his first 15 fights preceding 2005. In June 2005, Mayweather earned $3.2 million for his match off with Arturo Gatti. By 2015, he made more than 100 times that amount for one fight. Here’s a breakdown of his earnings per fight since then:

2015: Andre Berto –– $35 million
2015: Manny Pacquiao – $250 million
2014: Marcos Maidana – $32 million
2014: Marcos Maidana – $40 million
2013: Saul Alvarez – $75 million
2013: Robert Guerrero – $50 million
2012: Miguel Cotto – $40 million
2011: Victor Ortiz – $40 million
2010: Sugar Shane Mosley – $30 million
2009: Juan Manuel Márquez – $25 million
2007: Oscar De La Hoya – $25 million
2007: Ricky Hatton – $25 million
2006: Carlos Baldomir – $8 million