Bout breaks PPV records

Published 12:00 am Wednesday, May 13, 2015

The May 2 fight between Manny Pacquiao and Floyd Mayweather Jr. produced more pay-per-view purchases than any other fight in history. An estimated 4.4 million viewers paid a record price of $89.95 to $99.95 to watch the fight, generating more than $400 million in domestic revenue, Showtime, HBO and the fighters’ promoters said Tuesday.

Mayweather won by unanimous decision.

The total nearly doubled the previous record for boxing PPV buys: 2.48 million, for the Mayweather-Oscar De La Hoya bout in 2007. The revenue also topped the previous record of $152 million, which was generated by Mayweather’s bout with Canelo Alvarez two years ago.

Cable companies and satellite providers will receive between 30 to 40 percent of gross PPV revenue, and a smaller cut (7.5 percent, divided evenly) will go to HBO and Showtime, which co-produced the event.

The rest will go to the fighters, to be split 60-40 in Mayweather’s favor. With the PPV revenue alone announced at $418 million, that will ensure that Mayweather and Pacquiao will each make more than $100 million for about an hour’s work.

— New York Times News Service

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