Floyd Mayweather
walks to the bank laughing
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The Floyd Mayweather
Manny Pacquiao fight was the biggest fight financially in boxing history. The
thing that makes me shake my head is the business side of the fight. Floyd
Mayweather made the most money on this fight than any other fighter has ever
made.
I am not going to look at the moral aspect of the allegations
or the charges because that has already been evaluated and diced up by all of
the media outlets. What I will do is look at the history of the boxing purses
and see what some of the top fighters in history have made and how they compare
to this fight and what Floyd Mayweather acomplished with his business moves.
I will give this some perspective, Muhammid Ali earned $5.5
million dollars in the George Forman fight. Ali also received $2.5 million in
the Joe Frazier fight. This is for the fighter many in the boxing world call
the greatest boxer ever.
Mike Tyson was one of the most explosive fighters we have ever seen! He knocked out most of his opponents in the early rounds. Mike was coveted as a champion because of his fighting style.
Another example I will use is Oscar Delahoya. Oscar was a great fighter and he was able to
profit on his abilities by managing his affairs and becoming his own promoter.
This was a great move for him. His highest purse was $53 million dollars earned
for fighting Floyd Mayweather Jr.
Many of us remember Lennox Lewis as the World Heavyweight
Champion. He was a Canadian and British Citizen. Lennox Lewis made 30 million
dollars in his fight against Mike Tyson. This was a huge amount of money made
by a boxer but it pales in comparison to some of the other purses we have seen
in boxing history.
Check out my new sculpturesMike Tyson was one of the most explosive fighters we have ever seen! He knocked out most of his opponents in the early rounds. Mike was coveted as a champion because of his fighting style.
For a few minutes he would give you amazing entertainment
and many of his opponents were afraid of him because of his incredible power.
Mike earned in his largest purse $30 million dollars for fighting Evander
Holyfield. He also made another $30 million dollars for fighting Lenox Lewis in
2002.
As I looked at the fighters listed I found Wladimir
Klitschko who had won multiple championships. He is the current and reigning
heavyweight champion. Klitschko
holds the WBO, IBF, IBO and The Ring heavyweight championships. His largest
purse was from the fight with David Haye in which he earned $32 million.
Evander
Holyfield is one of the greatest boxers in history. He held the world title for
almost a decade. His highest purse was in the match with Mike Tyson. He earned
$35 million for that fight.
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Now
that we have some perspective on some of the most profitable fighters in boxing
history lets look at what Floyd Mayweather was able to accomplish.
In
2009 Floyd Mayweather made the best business decision of his life because he
became his own promoter and this set the stage for all of his future dealings. this led to him getting a much larger pay out for each of his fights. He gave up the money on the front end to profit on the back end. This is something we should all think about. You can get a small amount now or you can wait until later and get a much larger sum of money.
Today
we are looking at the results of the mega fight and we see that Mayweather was
able to keep the profits in his hands.
The purse he received was around $180.0 million dollars. This is more money than any
other fighter has ever made. This can go to show some of the young fighters
that you can be the cash cow for everyone else or you can take control of your
carrier and make the profits for yourself. I think as far as business is
concerned Floyd definitely won in this one. His personal life well that’s
another story for another day. Like us on Facebook
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you next week.
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