Sunday, 15 September 2013

Floyd Mayweather's career earnings to hit $350 million with Canelo fight


Floyd Mayweather puts his legacy and undefeated record on the line Saturday night when he steps into the ring against Saul “Canelo” Alvarez.

Mayweather will receive a record guarantee of $41.5 million (Canelo is due $5 million) and is in line for a total payout millions more after all of the pay-per-view receipts are counted and “Money” Mayweather takes his cut.

In a 17-year career full of monster paydays, it will be the biggest one yet, topping the $45 million, including his share of PPV revenue, for fighting Miguel Cotto in 2012. Mayweather’s cumulative earnings will likely hit $350 million with the Canelo fight.

Mayweather’s take from the Canelo fight will ultimately be based on the final PPV count. Mayweather Promotions chief Leonard Ellerbe thinks Mayweather could rake in as much as $100 million from the fight, which would likely require at least three million buys. It’s an optimistic tally, but if Mayweather nets $70 million from the fight, it will push his career earnings to $350 million.

Mayweather is far from done making money with this fight. He has four fights remaining after Canelo on the six-fight deal he signed with Showtime in February. Mayweather is likely looking at more than $150 million from those bouts which would make him the half-a-billion dollar man.

forbes

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