On Saturday May 2nd all eyes will be on the MGM Grand Hotel in Las Vegas, where the long awaited boxing “fight of a lifetime” between Floyd Mayweather & Manny Pacquiao will take place. The fight which has been YEARS in the making has generated so much buzz that tickets are currently going for $4,500 each (for the cheapest seat) while a pair of ringside seats are on sale for a combined $361,000! You have to be part of the 1% super wealthy to afford those tickets!
For those that can’t afford to watch the fight live, there’s pay per view (in the United States) with a price tag of a $90 ($100 in high def) just to watch the fight, 4 million homes are expected to tune in…that’s $360M generated from PPV in the US alone. In the UK it’s £20 to watch it live. Mayweather is guaranteed to earn at least – $100 million and possibly a lot more. While Pacquiao is guaranteed 40 percent, at least $60 million, possibly $80 million. Not bad for one night’s work!