This past Saturday’s Floyd Mayweather and Conor McGregor fight was one of the most hyped combat sports events in history. All signs coming out of the fight seems that the two may have exceeded expectations at the box office.
Even though the 20,000-seat T-Mobile Arena was not sold out, during a post fight press conference, Mayweather believes that they’ve broken a record.
“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,”
The 50-0 champion then claimed that they’d also broken the record for pay-per-view buys. Official numbers won’t be released for at least a week.
Mayweather and Pacquiao currently hold the record for the biggest fight in history. Their 2015 fight drew 4.6 million PPV buys in the United States, with the price tag 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.
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.”
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.
Due to overwhelming traffic you may be experiencing log in issues. This will be resolved shortly.
— UFC Fight Pass (@UFCFightPass) August 27, 2017
Per the New York Post, the fight was illegally rebroadcast online by 239 different sources on platforms such as Facebook, YouTube, and Periscope. In total, the illegal streams reached an estimated 2.93 million viewers worldwide, according to Variety. That totals to about $200 million that could have been added to the purse.
Yet, Mayweather may not be weeping about that as he made $25 million in sponsorships alone, and hats emblazoned with his 50-0 record hit stores shelves minutes after his victory over McGregor.
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.
Original Story: New York Post