Canelo-GGG II Does 1.1 Million PPV Buys
After high hopes for the rematch, Canelo Alvarez and Gennady Golovkin’s September 15th showdown at T-Mobile Arena would fall short of their initial encounter on Pay-Per-View.
According to a report from ESPN, Alvarez’ majority decision win over Golovkin would earn 1.1 million in pay-per-view buys, down 200,000 buys from their previous encounter. At a retail price of $84.95 for the standard definition version and higher for HD, the fight generated around $94 million in revenue, which is more than the 2017 fight.
When asked for comment by ESPN, Golden Boy Promotions declined to discuss the figures, and HBO is unable contractually to release any information without their consent.
“We will not be releasing overall figures for the fight, but between a terrific gate, a very successful linear (television) pay-per-view buy rate and an explosion in digital pay-per-view sales, Canelo-Golovkin II was a more successful event than its predecessor,” Golden Boy said in a statement given to ESPN.
Even though traditional PPV buys were down, Golden Boy did claim that their streaming buys wer up 25% from last year’s fight ,as well as a boost in closed circuit and move theater events from their deal with Fathom events.
In figures released Monday by the Nevada State Athletic Commission, the middleweight championship rematch would slot the fourth biggest in revenue in boxing and Nevada history.
The fight generated $23,473,500 from the sale of 16,732 tickets at the T-Mobile Arena in Las Vegas. The promoters gave away 1,451 complimentary tickets, according to the commission report.
The gate figure for Alvarez-Golovkin II places it behind the first fight last September, also at T-Mobile Arena, which generated $27,059,850 in tickets sales.
Initial Report: ESPN