Conor McGregor’s super fight with Floyd Mayweather was one of the most hyped events in modern sports history, and all signs indicate it actually exceeded expectations at the box office.
Tallied all up, the purse could hit $700 million, according to the Telegraph, and while the official split is confidential, many believe it to be 70-30 in Mayweather’s favor.
The most concrete proof of the fight’s huge purse came from Mayweather himself, who revealed at his post-fight press conference that they had broken the live gate record for a boxing match.
“We did break the record tonight for the biggest gate. Me and [Manny] Pacquiao done $72 million, I think we’d done something over $80 million for the live gate,” Mayweather said. This came despite the fact the 20,000-seat T-Mobile Arena was not sold out.
The 50-0 champion then claimed that they’d also broken the record for pay-per-view buys. Official numbers, though, won’t be released for at least a week.
Mayweather and Pacquiao currently hold the record for the biggest fight in history. Their 2015 snooze-fest, which was years in the making, drew 4.6 million PPV buys in the United States, according to ESPN, with the standard definition broadcast costing $89.99 while the high-definition version was $10 more. The total revenue for the fight ended up being over $410 million in domestic TV money alone.
Vegas bookmakers expect Mayweather-McGregor to smash that number. The Bovada sportsbook in Vegas had the Mayweather-McGregor over/under bet at 4.99 million PPV buys, according to Oddshark.com. In comparison, the over/under bet for the Mayweather-Pacquiao fight was 3.8 million PPV buys, according to Sports Illustrated.
Online streaming is another huge source of revenue where the fight thrived. UFC president Dana White pushed the streaming option hard before the fight and bragged it would be available to more than 1 billion people in over 200 countries.
“If you are in Manhattan or you are on a desert island somewhere, if you have Wi-Fi, you can buy this fight,” White said during fight week.
In the end, UFC Fight Pass, the promotion’s online streaming service, was so popular on fight night that its servers in California and Florida crashed.
Because of the downed servers, there were reports the fight would be delayed, but in the end, it started on time.
While legal streaming was clearly very popular, illegal pirates also had a field day with Mayweather-McGregor. The match was illegally rebroadcast online by 239 different sources on platforms like Facebook, YouTube, and Periscope. In total, the illegal streams reached an estimated 2.93 million viewers worldwide, according to Variety. If all those eyeballs were forced to buy the fight legally, another $200 million could have been added to the purse.
Mayweather, however, figured out all sorts of other ways to generate revenue that the pirates couldn’t touch. For example, he made $25 million in sponsorships alone, and hats emblazoned with his 50-0 record hit stores shelves minutes after his victory over McGregor.
I’m finished, says Mayweather after McGregor boxing match.
Floyd Mayweather insisted he would head into a permanent retirement after sealing his place in boxing history with a 50th straight win against Conor McGregor on Saturday.
The 40-year-old American boxer outclassed McGregor over 10 absorbing rounds at the T-Mobile Arena to defeat Irish mixed martial arts by technical knockout.
The win sees Mayweather, who had come out of a two-year retirement to face McGregor, surpass heavyweight legend Rocky Marciano with a perfect record of 50-0.
Afterward former welterweight king Mayweather insisted he would never be seen in a ring again. “This was my last fight tonight. For sure,” Mayweather said, praising his beaten opponent. “Tonight was my last fight. Tonight I chose the right dance partner to dance with. “Conor you are a hell of a champion.” Mayweather also rejected suggestions that his 50th victory — against an opponent who had never boxed professionally before — would be destined to have an asterisk against it. “A win is a win, no matter how you get it,” Mayweather said. “Rocky Marciano is a legend and I look forward to going into the Hall of Fame one day.” Mayweather meanwhile revealed the fight had followed a tactical plan as he took his time and allowed McGregor to become fatigued before pouncing in the later rounds. “Our game plan was to take our time, go to him, let him shoot his shots early and then take him out down the stretch,” Mayweather said. “We know in MMA he fights for 25 minutes. After 25 minutes, he starts to slow down. I guaranteed to everybody that this wouldn’t go the distance.” Mayweather also said he had felt obliged to “put on a show” after being accused of contributing to an underwhelming spectacle in his 2015 “Fight of the Century” against Manny Pacquiao.
On that occasion Mayweather was accused of being overly cautious, cagily keeping Pacquiao at arm’s lengthen route to a comfortable win. “I could have made it boring. I didn’t want to do that,” Mayweather said. “I felt like I owed the fans a last hurrah. So I went out there and that was the game plan. I wanted to go out with a bang.”
Sure The Money Team King Floyd Joy ‘Money’ Mayweather went out with a bang outclassing Conor McGregor for 10 intense rounds and also won the prestigious WBC Money Belt that has:
1.5 kilograms of solid, 24-karat gold,
Made of alligator leather from Italy.
Written by Ikenna Obi (2017).