Despite the reputation that Boxing has at this point, most people were predicting huge pay-per-view numbers for the showdown between Floyd Mayweather and Canelo Alvarez. Now that the all the buys have been calculated, it turns out that ‘The One’ will be the new standard. The fight, which was put on by Golden Boy Productions and Showtime, garnered 2.2 million ppv buys. In total, it’s estimated that the fight generated $150 million in revenue – a new record.
On top of that, ‘The One’ also set a Las Vegas closed-circuit record by selling out of all 26,163 tickets for a total gross amount of $2,615,360. It also set the record for the largest gate of all-time, taking in over $20,000,000.
Mayweather/Alvarez lived up the hype for the most part, although some would argue the sport would have benefited more by having the underdog win. The end result was a majority decision win for Mayweather, which I think we all can agree was bogus. Cynthia Ross scored the bout a draw, and she’s since ‘stepped down.’
I’m not going to go as far to say that boxing is back, but after looking at these eye-popping numbers, it sure as heck isn’t dead. It’s very clear that people still love them some boxing. The problem, is that there’s only two or three of these big fights per year. Boxing needs some new stars, because ‘Money’ isn’t going to be around forever. In the meantime, whether you like him or not, he’s good for the sport.