Floyd Mayweather and Conor McGregor are ready for ‘The fight of the century’, however, this fight is mainly about one thing... Money.
All records are expected to be broken in this event, from the total revenues that have been estimated to reach around $700 million, the insane amount that both fighters will gross of the income, and the rising inflation in tickets’ price.
Two years ago, the total revenue of Mayweather victory over Manny Pacquiao ranged between $550-600 million. Back then, Mayweather took home $240 million while Pacquiao grossed $125 million for 36 minutes in the ring, not so bad.
The ‘money fight’ will most likely to overcome these numbers with revenues expected to reach $700 million and some analysts even said the B word. The fight is also expected to be the most profitable pay-per-view event of all time. As August 26 has set to break the new total revenue for a boxing match as well as an individual sports event, the participants will get a nice compensation in return.
The total prize purse is likely to be worth around $350-400 million, in line with $700 million total revenues. Although the exact split has not been revealed, various reports estimate the split could be 70/30 or 75/25 in Mayweather side.
The 40-year-old undefeated American boxer can join Michael Jordan and Tiger Woods in the one Billion athletes club after Saturday’s’s fight as he can add $280-$300 million to his bank account.
The Irish UFC lightweight champion will not be poor after the fight with $100-120 million crawls into his pocket.
Oh, and the money belt. Mauricio Sulaiman, WBC president has announced in the final press conference on Wednesday that the winner will also be the owner of the newly-created ‘Money’ belt.
And the belt carries some serious bling with 3,360 diamonds, 600 sapphires, 300 emeralds, 1.5 kilograms of gold and alligator leather.
Obviously, comments spread all over as some criticize the Mayweather vs McGregor money circus.
The T-mobile Arena in Las Vegas will host ‘the money fight’ and ticket prices range from the cheapest value of $500 to the most expensive of $107,000 for a ringside seat. Estimation of tickets’ revenues is expected to near $90M, beating Mayweather-Pacquiao $72M two years ago.
Love has not been flourishing between Mayweather and McGregor. McGregor claims that he aimed for Mayweather for a long time since Floyd ‘Money’ Mayweather disrespected the MMA. “Originally that’s what woke me up,” said the UFC lightweight champ. “I was a young kid listening to him talk down about the sport that I was dedicating my entire life to”.
Floyd Mayweather is famously known as a gambler. Reports are emerging that Mayweather bets $5M on himself for Saturday’s night. Mayweather odds currently sit at -400, meaning, if he wins, he’ll add another $1.25M to his value.
It could be Mayweather’s 50th victory or McGregor’s first. Both have shown the bravery to be in this situation. Mayweather risks more, he can lose his title and some of his final glory. McGregor is just brave to go on a ring in a sport that he does not fully experience. Maybe for the two fighters, it’s not all about the money.
Tom began trading currencies and commodities in 2005 which during this time he developed his approach and gained a strong understanding of the financial markets, macroeconomics, and geopolitics. He is an experienced writer with a wide knowledge of economics, politics and the financial markets.