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Mayweather vs. Pacquiao: Pay-Per-View Price Tag Reportedly to Be $99.[/h]
When Manny Pacquiao and
Floyd Mayweather finally came to terms on their long-anticipated prizefight, talk ran rampant about the record-setting purse awaiting both boxers. We got a good idea of how Pacquiao and Mayweather are going to get their record paydays on Wednesday, as
Joe Flint of the Wall Street Journal reports the fight will set a pay-per-view cost record as well.
Flint, citing sources close to the situation, reports the high-definition feed of the fight will cost $99. Standard definition comes in a little cheaper at $89, which would have broken the previous record for high-def telecasts. The former record for high definition was $74.95, while it was $10 less for the standard version.
While exorbitant, the prices should come as no surprise given the wild revenue numbers that have been thrown out in recent months.
Dan Rafael of ESPN reported last month that the fight could generate $400 million from a combination of live gate, pay-per-view and other considerations.
"Between the gate, the foreign television sales and the closed circuit, which we can't even calculate yet, you're looking at over $120 million. And that's before one pay-per-view has been sold in the U.S.," Top Rank promoter Bob Arum told Rafael.
All of those numbers would obliterate previous records set in the boxing world. Mayweather himself could earn up to $180 million, per
Tim Dahlberg of The Associated Press, while Pacquiao may also wind up in the nine-figure range. Under terms of their agreement, Mayweather earns 60 percent of the purse, versus 40 percent for Pacquiao.
Not bad for 36 minutes' worth of work.
Given the price, though, Pacquiao and Mayweather better hope they put on a show worthy of the wait.
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