Floyd Mayweather squared off and defeated Conor McGregor Saturday night in Las Vegas with a tko victory in the much-hyped fight that was the greatest promotional boxing match in history, “JUST ASK FLOYDS’S BANKERS”. Most boxing experts gave McGregor little chance, but the one sure bet Saturday night was both fighters pocketed massive paychecks for their at-most 36 minutes of work in the ring. McGregor (UNDER CONTRACT WITH UFC ) cleared at least $100 million, with Mayweather in line for more than $300 million, pushing his career earnings beyond the $1 billion mark .
Mayweather’s road to eclipsing the $1 billion was paved by shrewd marketing and a prescient $750,000 bet on himself. As a great business man, Mayweather didn’t wager on himself in the ring, but outside of it by splitting from Hall of Fame promoter Bob Arum a decade ago. Mayweather figured he could make more out on his own than under the thumb of the promoter who worked with Muhammad Ali, Oscar De La Hoya and Manny Pacquiao.
Arum promoted Floyd under his Pretty Boy moniker during the first decade of Mayweather’s professional career after the 1996 Summer Olympics. It was a fruitful partnership as Mayweather remained undefeated with a growing paycheck. After reeling off 17 straight wins, he won his first title in 1998 with a technical knockout of Genaro Hernandez and earned $150,000. His first two pay-per-view bout came in 2005 and 2006 against Arturo Gatti and Zab Judah had PPV buy rates of 365,000 and 375,000. Mayweather’s paychecks were consistently in the $3 million range.
Mayweather started his own promotion company. He transformed from Pretty Boy to Money Mayweather. Mayweather became the ultimate showman. He appeared on Dancing with the Stars and WrestleMania. He built a social media following that numbers 37 million followers today on Facebook, Instagram and Twitter. “He had the great vision to take his brand to the next level,” said Ellerbe.
The creation of Mayweather Promotions allowed all the revenue streams to flow through Mayweather. The middleman was out.
Mayweather signed a blockbuster six-fight deal with Showtime in 2013 to broadcast his fights through its PPV arm and appear on its All Access series. Mayweather had been an HBO guy during his career, but Showtime made an offer he couldn’t refuse in its attempt to build a rival to HBO in the boxing game. The Showtime pact raised his per fight guarantee to at least $32 million, plus his share of PPV receipts.
The deal turned into the most lucrative in the history of sports thanks hugely anticipated fights with Canelo Alvarez and Pacquiao. The Canelo fight in Sept. 2013 broke the record for PPV revenue with $153 million. Mayweather’s guarantee was a record $41.5 million and he earned more than $30 million on top of that from his cut of revenue.
The May 2015 Pacquiao fight set every financial record for combat sports that Mayweather-McGregor is aiming for with PPV buys (4.6 million), PPV revenue ($440 million) and gate receipts ($72 million). Mayweather’s final payday after all the PPV receipts were counted was near $250 million for the lackluster bout. His total take during the Showtime deal topped $450 million over two-and-a-half years.
Mayweather retired when his Showtime deal was up in 2015, but he returned to the ring Saturday night for a second nine-figure payday. His minimum guarantee Saturday was $100 million (McGregror is $30 million) with both fighters sharing in the PPV upside. Mayweather’s first 15 fights on PPV generated 19.5 million buys and generated $1.3 billion in PPV revenue.
With the McGregor fight as a PPV hit, (the line in Vegas was 4.99 million buys), it elevated Mayweather’s career total career earnings beyond the $1 billion mark. He’ll join two other iconic athletes whose earnings reached $1 billion in Michael Jordan ($1.5 million) and Tiger Woods ($1.4 billion) with both relying on endorsements for more than 90% of their career haul.
So when a rivalry with the mixed martial arts star Conor McGregor was manufactured on social media, Mayweather, 40, was more than happy to end his two-year retirement and to collect one final, potentially record-breaking paycheck. And he did it in the style that virtually everyone expected.
After allowing McGregor — 29 and boxing professionally for the first time — to come at him early in the fight with awkward punches that were by turns slapping and sharp, Mayweather took control in the middle rounds. He never looked back. He reddened McGregor’s face with a barrage of right-handed bombs, leading the referee to stop the fight a little more than a minute into the 10th round on Saturday night at T-Mobile Arena. The victory left Mayweather with a 50-0 record as a boxer, and dropped McGregor’s mark to 0-1.
Not only did Mayweather set himself up for a handsome paycheck expected to exceed $200 million, but he also ended a career as a defensive master with a performance that was decidedly offensive. This was Mayweather exorcising the demons of his previous megafight, against Manny Pacquiao two years ago, which proved to be dull to its broad, mainstream audience.
“I think we gave the fans what they wanted to see,” he said in the ring after beating McGregor. “I owed them for the Pacquiao fight. I had to come straight ahead and give the fans a show. That’s what I gave them.”
Floyd Joy Mayweather Jr. (born Floyd Joy Sinclair; February 24, 1977) is an American professional boxingpromoter and retired professional boxer. He competed from 1996 to 2017, held 15 world titles in five weight classes and the lineal championship in four different weight classes (twice at welterweight), and retired with an undefeated record. As an amateur he won a bronze medal in the featherweight division at the 1996 Olympics, three U.S. Golden Gloveschampionships (at light flyweight, flyweight, and featherweight), and the U.S. national championship at featherweight.
The Ring magazine’s Fighter of the Year award (1998 and 2007), a three-time winner of the Boxing Writers Association of America Fighter of the Year award (2007, 2013, and 2015), and a six-time winner of the Best Fighter ESPY Award (2007–2010, 2012–2014). In 2016, Mayweather was ranked by ESPN as the greatest boxer, pound for pound, of the last 25 years. In the same year, he peaked as BoxRec‘s number one fighter of all time, pound for pound, as well as the greatest welterweight of all time. Many sporting news and boxing websites, including The Ring, Sports Illustrated, ESPN, BoxRec, Fox Sports, and Yahoo! Sports, ranked Mayweather as the best pound for pound boxer in the world twice in a span of ten years.Mayweather is a two-time winner of
He is often referred to as the best defensive boxer in history, as well as being the most accurate puncher since the existence of CompuBox, having the highest plus–minus ratio in recorded boxing history. Mayweather has a record of 26 consecutive wins in world title fights (10 by KO), 23 wins (9 KOs) in lineal title fights, 24 wins (7 KOs) against former or current world titlists, 12 wins (3 KOs) against former or current lineal champions, and 2 wins (1 KO) against International Boxing Hall of Fame inductees.
In addition to his accomplishments in the ring, Mayweather is well known for being one of the most lucrative pay-per-view attractions of all time, in any sport. He topped the Forbes and Sports Illustrated lists of the 50 highest-paid athletes of 2012 and 2013 respectively, and the Forbes list again in both 2014 and 2015, listing him as the highest paid athlete in the world. In 2007 he founded his own boxing promotional firm, Mayweather Promotions, after defecting from Bob Arum‘s Top Rank. Mayweather has generated approximately 19.5 million in PPV buys and $1.3 billion in revenue throughout his career, surpassing the likes of former top PPV attractions including Mike Tyson, Evander Holyfield, Lennox Lewis, Oscar De La Hoya and Manny Pacquiao.
MAJOR PROFESSIONAL BOXING WORLD TITLES
- WBC super featherweight champion (130 lbs)
- WBC lightweight champion (135 lbs)
- WBC super lightweight champion (140 lbs)
- IBF welterweight champion (147 lbs)
- WBC welterweight champion (2×)
- WBC light middleweight champion (154 lbs) (2×)
- WBA (Super) light middleweight champion
- WBA (Super) welterweight champion
- WBO welterweight champion
CONGRATULATIONS MR. FLOYD “MONEY” MAYWEATHER ON A GREAT CAREER.