The undefeated boxing champ will go up against Conor McGregor in an unbelievably pricey match
This will make you want to roll with the punches.
Floyd Mayweather stands to make more than $100 million for an hour of work. So where does all that money come from? People like you.
This weekend’s contentious match between 40 year-old Mayweather and 29 year-old mixed martial artist Conor McGregor has been highly publicized since an April 2015 interview McGregor did with Esquire where he said, “If you put me face-to-face with Floyd Mayweather I would kill him in less than 30 seconds.”
Mayweather, who holds an undefeated 49-0 record, stands to surpass the reported $180 million he won from his May 2015 fight against Manny Pacquaio.
While ticket sales for the Las Vegas event haven’t lived up to their hype, Los Angeles-based ticket maestro Brad Schy of Musical Chairs Tickets tells Moneyish, “Tickets for the fight are priced at $10k for seats 20 rows up. Typically a ticket that expensive would be get you ringside which is legitimate.” Having sold about 50 tickets so far including one at the entry price of $500, Schy suggests that a number of people bought tickets early and paid a lot more than what they’d pay now. “That’s the risk you take and in this case, prices went down,” says Schy.
About 20,000 people will witness the smack down in the flesh and an estimated four to five million households will purchase the event at $100 a pop. With pay-per-view revenues surpassing $400 million—it’s possible that Mayweather could pocket well over $100 million.
Boxing aficionado David Schwartz who hosts a weekly Periscope series with Doug Fischer of Ring Magazine tells Moneyish that Mayweather is boring to watch. “He stays in shape all the time, he’s very disciplined. He works out in the middle of the night, he’s a good defensive fighter and he doesn’t get hit much. If he wanted to, he could knock McGregor out in the first minute,” says Schwartz.
While his technique may not be that alluring, the same can’t be said for his lavish lifestyle. According to a 2016 Forbes article, Mayweather is worth $340 million, though his career earnings have topped $700 million.
Mayweather has invested his fortune in luxury cars totalling more than $15 million and a collection of diamond-encrusted watches like the $1.1 mllion Hublot timepiece he flaunted in London last month. And, as the CEO of the lifestyle brand, The Money Team, Mayweather is no stranger to supersized sponsorships. According to the New York Post, Mayweather will make $15 million in sponsorship money on his shorts alone.
While both fighters have signed non-disclosure agreements pertaining to their payouts, one thing is for certain—they’re making enough money to knock your socks off before they even set foot in the ring.
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