Pacquiao to spend $4m on entourage
Manny Pacquiao will spend a whopping $4million (£2.6m) on tickets for his huge entourage for Saturday’s fight against Floyd Mayweather.
With tickets for the $300m showdown at the MGM Grand in Las Vegas at a premium, the Filipino will fork out millions to ensure his 900-strong entourage are in attendance.
Pacquiao’s promoter Bob Arum, said he paid $10,000 (£6,468) for his ringside seat and that Pacquiao will foot a bill in the region of $3m and $4m for 900 tickets.
The 36-year-old has been known for the size of his team, and on this occasion it looks like it will cost him alot.
Pacquiao is expected to pocket at least $120m for being involved in the fight of the century and $4m will seem a small price to pay to have his family and friends in the MGM Grand’s Garden Arena.
…Fight to shatter revenue records
The highly-anticipated boxing match between Floyd Mayweather and Manny Pacquaio on Saturday will likely go down as the biggest in history, on a number of counts.
All signs suggest the fight—which has been five years in the making will break the all-time pay-per-view sales record—despite it costing between $90 and $100 to watch the bout live on television.
For venues such as bars and restaurants, there will be at least a $20 cover charge ($20 multiplied by the fire capacity of the venue) to show the fight.
Mayweather focused on game plan
Floyd Mayweather stood nose-to-nose with Manny Pacquiao for the first time at Wednesday’s news conference, then said he can’t promise their mega showdown will live up to all the pre-fight hype.
“I can’t say,” Mayweather said when asked if the richest fight in boxing history will live up to its blockbuster billing.
“Even if we fought at an extremely high pace, it is not for me to judge. My job is to go out and do my best. Just be Floyd Mayweather.”
Mayweather squares off against Filipino boxing icon Pacquiao in the richest fight in boxing history on Saturday at the MGM Grand Hotel that is expected to generate some $400 million in revenue.
Mayweather spoke to a small group of reporters following Wednesday’s news conference which finished with the two future Hall of Famers getting up close and personal for the cameras in a stare down at the front of the brightly-lit stage in the MGM’s Ka Theatre.
Bieber to bring in Mayweather’s belt to the ring
Floyd Mayweather counts the likes of Jay Z and Kanye West among his biggest fans, but there’s only one star, Justin Bieber, that will be seen strutting into the ring with his belt.
Bieber is the obvious choice for any man wanting to portray a hardened image at the biggest fight of his career.
He will be walking the defending champion to his $300million Las Vegas mega-bout with Manny Pacquiao, carrying his championship belt.
An odd partnership it may seem. But the two have actually formed a close friendship over the years. Bieber has accompanied Mayweather into the ring on a number of occasions, and joined him on stage at his press conference ahead of May 2.
Money, not record, spurs me—Mayweather
For Floyd Mayweather Jr, the money he earns is far more important than the undefeated record that he has compiled in 19 years of being a professional boxer.
Mayweather is 47-0 in a professional career that started in 1996. Since 2012, he has been the highest paid athlete in the world.
“Absolutely, the money means more to me than the unbeaten record,” Mayweather said.
Mayweather pointed out that his earnings will give his children financial security in a way that his boxing record can never will.
“My daughter can’t eat no zero,” he said. “She can’t spend a boxing record.”