The much-hyped “Fight of the Century” between Filipino boxing icon Manny Pacquiao and the still undefeated Floyd Mayweather Jr. smashed pay-per-view records, generating revenues of more than $400 million, according to a report by sports website ESPN.
It said the May 2 (May 3 in the Philippines) fight broke previous boxing box office figures, as 4.4 million households subscribed to pay-per-view.
Each household paid $100 high-definition (HD) broadcast and $80 for the standard definition.
Adding to the whopping pay-per-view revenues is the $72 million for the 16,000 fans who watched the fight live at the MGM Grand in Las Vegas.
With the sum of PPV revenues, live gate tickets, and other revenues, the bout grossed more than $600 million, ESPN said.
The report, quoting Showtime and HBO officials, said that the fight broke the record of 2.48 million PPV figures generated by the fight between Mayweather and Oscar “the Golden Boy” de la Hoya in 2007.
ESPN said Mayweather would get the lion’s share, as he could walk away with $240 million, being the promoter of his own fight.
Pacquiao, meanwhile, will get $160 million.