By Freddy Fresco
I’m not all that familiar with every single sport in the world, but among the highest paid athletes in America, it seems that Floyd Mayweather Jr. is the most overpaid athlete.
If the numbers Floyd claims are true that he makes $40 to $70 million per Pay-Per-View fight, than that means the people who distribute and promote the fight don’t make much in return even though they are the ones investing the majority of the money into advertising and promotional aspects of the fight.
Various baseball, basketball, and football players get paid for an entire season that consists of multiple games, Floyd gets paid for one fight alone, and his recent Pay-Per-View numbers for Mayweather vs. Victor Ortiz haven’t been released yet, but rumblings from boxing insiders believe the PPV buys were less than stellar some are even hearing 850,000 buys. Maybe people got tired of Floyd Mayweather’s ungrateful personality and not giving us the Manny Pacquiao fight combined with the price hike of $70 for HD. Manny Pacquiao vs. Juan Manuel Marquez III PPV costs $54.95.
850,000 PPV buys are great numbers, but not great when you are the one promoting and broadcasting Floyd Mayweather Jr’s fights because they have to pay Floyd over 50 percent of the revenue and leave with little profit for themselves. Mayweather likes to call himself the PPV king or cash cow, I beg to differ, I think the cash cow of boxing is “The Pacman” Manny Pacquiao aka the Beast from the East because unlike Mayweather everyone involved with a Pacquiao PPV gets paid well since Manny Pacquiao doesn’t demand over 50 percent of the revenue. Victor Ortiz only got paid a guarantee of $2.5 million for fighting Floyd, Juan Manuel Marquez is getting a guaranteed $5 million versus Pacquiao.
Do you agree that Floyd Mayweather is severely overpaid?
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