The potential battle between pound-for-pound king Floyd Mayweather Jr. and eight-division world champ Manny Pacquiao are expected to generate a whopping $1 billion, making it harder for Money May to further snub his long-due clash with Filipino ring icon.
In an interview with the Daily Mail, Top-Rank promoter Bob Arum believed the Mayweather vs. Pacquiao showdown is going to break all kinds of records in a grand fashion. He projected that the Fight of the Century will amass as much as $1 billion in earnings, thanks to China's huge boxing market.
The veteran boxing promoter is targeting Macau, China as a potential host for the fight between two of the most decorated boxers in the last 10 years.
Arum, who earned his Bachelor of Laws in Harvard, thinks there will be 100 million potential subscribers in China along with 319 million expected number of subscribers in the United States.
'We're looking at $5 a buy,' Arum said in an interview with the Daily Mail. "Cheap, compared with the near $100 which will be the price in America. But multiply five dollars by one-tenth of the Chinese population of 1.36 billion and the figures amount to a phenomenal $650m."
"At $95 a buy - and a pay-TV record there in excess of three million viewers - and you exceed the $300m target."
It's all about The Money!
Mayweather, who earned over $100 million fight last year and cashed in $32 million in his second fight with Maidana last May, has refused to fight Pacquiao for a number of times already, but the jarring figure presented by Arum could finally convince him that's it's time to settle the score with Pacquiao.
Based on Arum's figure, Pacquiao will earn roughly $100 million in guaranteed fight purse, while Mayweather will nearly double the take-home money pegged at $150 million. The two boxers could get more money from pay-per-view and merchandize sales, which could blow out the roof.
After their previously negotiations were stalled by blood testing procedures and fight purse sharing, it seems that Mayweather's and Pacquiao's camp will end up on the same page this time around.
This article is copyrighted by Travelers Today, the travel news leader
