A lot of people watched Floyd Mayweather beat Manny Pacquiao by unamious decision after 12 rounds of boxing on May 2 at the MGM Grand Garden Arena. How many? Enough to shatter boxing records.
According to information released by HBO and Showtime, nearly 4.5 million pay-per-view purchases were made, which generated more than $400 million in revenue. That is nearly double the previous record for number of buys and more than double the previous record for amount of revenue generated.
According to the Nevada State Athletic Commission, the fight garnered $72,198,500 from the sale of 16,219 tickets, a record for a live gate.
The previous record in the aforementioned categories came in 2013 during Mayweather’s junior middleweight title unification fight against Canelo Alvarez. That contest drew $150 million in PPV revenue and $20,003,150 at the gate.
“I think it was something we knew we would beat the prior record, but we didn’t have any reasonable expectation that it would exceed it by as much as it did,” Top Rank chairman and Pacquiao’s promoter Bob Arum told ESPN. “We were confident it would go over 3 million (PPV buys), maybe do 3.5 million on the outside. But it just caught fire.”
As agreed upon before the fight, Mayweather will receive 60 percent of the revenue, while Pacquiao will earn 40 percent.