Floyd Mayweather didn't get the nickname 'Money' by working for cheap. No, the undefeated boxer will bank a guaranteed $41.5 million for Saturday night's (Sept. 14, 2013) main event against Saul 'Canelo' Alvarez from the MGM Grand Garden Arena in Las Vegas, Nevada.
This weekend is Mexican Independence Day, and with Mexican heartthrob, Canelo, fighting on the card, the bout is expected to do gang busters on pay-per-view (PPV). Heck, Friday's (Sept. 13, 2013) weigh ins drew a reported 12,000 people in attendance.
While Mayweather is guaranteed $41.5 million, he's expected to bank much more. Those that have followed his career and interviews know that he doesn't hide the fact that he gets a portion of each PPV buy. He also likes to brag about how he gets a portion of every t-shirt, hotdog, beer, and order of nachos that are sold in the arena.
Yahoo! Sports spoke with Mayweather Promotions CEO, Leonard Ellerbe, to get a better understand of what exactly "Money" could earn with a successful PPV. As unbelievable as it sounds, Ellerbe says that Mayweather could potentially leave the ring with $100 million in his bank account.
"Listen, if this fight goes through the roof, Floyd Mayweather could make $100 million in this fight as sure as we're standing here talking," Ellerbe said.
That seems virtually impossible given the math. For the sake of argument, assume an average purchase price of $70, since the HD version is $74.95 and the standard definition version is $64.95. Golden Boy CEO Richard Schaefer said sales skew slightly in favor of the high definition version.
And further, assume that the fight sells three million pay-per-views, which would beat the existing record by 25 percent and doesn't seem possible.
That would generate $210 million in net revenue. In pay-per-view, half of that money goes to the cable, satellite and telephone companies that distribute the fight. That would mean the promotion would net $105 million out of the pay-per-view sales. To get to $100 million, Mayweather would have to earn $58 million in pay-perview revenue out of that $105 million.
But Ellerbe insisted he was telling the truth, even if he wasn't divulging details.
"I don't want to get into all of the specifics," he said, but he wouldn't back down on that figure."
Obviously this seems incredibly unbelievable. The main issue is that it's contingent on a three million PPV buy rate, far exceeding the current PPV record set by Mayweather for his 2007 bout with Oscar De La Hoya. That fight saw 2.4 million people purchase the PPV.
Related to that issues is that the fight is currently trending at 1.75 million buys. While a respectable number, it's not close to the necessary buys for Mayweather to go home with a nine-figure payday.
However, if by some miracle "The One" can do three million buys, Floyd Mayweather will hold the crown as the top PPV performer of all time. What a country!
Follow all of MMA Mania's coverage of "The One" here.