Did MayMac beat $410 mil revenue of MayPac?

[CodeBreaker]

I haven't heard anything about the revenue for MayMac.

All I know is MayMac came up short for the Live GATE Sales record only having $55.4 mil
while the Mayweather-Pacquiao had a record-breaking gate sales of $72.2 mil.

What's the news about its revenue?

 

[thechoice2]

MayPac did far more than 410 mil in revenue.

 

[Sharkey]

MayPac did far more than 410 mil in revenue.

More like $600 million.

 

[Aforo88]

More like $600 million.

World wide. MayMac cracked 600 world wide from what I can gather.

World wide is the only number that matters.

 

[CodeBreaker]

More like $600 million.

MayPac did far more than 410 mil in revenue.

World wide. MayMac cracked 600 world wide from what I can gather.

World wide is the only number that matters.

So did MayMac already past it?

 

[Sharkey]

World wide. MayMac cracked 600 world wide from what I can gather.

World wide is the only number that matters.

It was nearly $600 million just factoring in domestic revenue.

- apx $435 million in domestic PPV sales in the US
- a $72 million gate
- nearly $20 million in event sponsorship
- over $25 million in closed circuit sales both in Vegas and nationally in the US
- then a bunch more millions when factoring in things like merchandising, delayed broadcast rights paid by both HBO & Showtime, concessions, etc.

That's somewhere in the neighborhood of $560 million just in the US alone, and then factor in international broadcast rights which were said to be at $40 million plus.

 

[Sharkey]

So did MayMac already past it?

Maybe. We'll know more once the final numbers are released. But it probably did very similar numbers once all the revenue sources are added up. Maybe a little bit more. Maybe a little bit less.

 

[CodeBreaker]

Maybe. We'll know more once the final numbers are released. But it probably did very similar numbers once all the revenue sources are added up. Maybe a little bit more. Maybe a little bit less.

Oh, i thought there's already a final report for it.
Didn't know it takes so long

 

[Sharkey]

Oh, i thought there's already a final report for it.
Didn't know it takes so long

This is what Meltzer said in his newsletter;

“When we look at total revenue the show produced, it should be about $445 million from PPV (Cable providers and satellite providers would get 30 percent of the PPV money but the iPPV money would go to the promotion at a much higher percentage), the live gate was $55 million, the U.K. and Ireland PPV is probably about $28 million, international TV rights were estimated at $35 million, $28 million were estimated in sponsorships, $2.6 million in U.S. movie theaters and $15 million from bars and Restaurant airings. There is also a Las Vegas area closed circuit number that is not yet available but should be in about a week, but going in the estimate for that would have been $7 million.

All-in-all, the total gross for the event looks to be in the range of $615 to $620 million. Because a single event like a World Cup final or a Super Bowl is part of a television package, you can’t really give a figure on its value, but for events that you can give a direct money value to, it would be the biggest event of its kind in sports history and I’m thinking probably entertainment history as well.”


But, like he stated with a lot of those numbers, so far they are only estimates. We'll find out more once the final numbers are tabulated.

 

[Sharkey]

It was nearly $600 million just factoring in domestic revenue.

- apx $435 million in domestic PPV sales in the US
- a $72 million gate
- nearly $20 million in event sponsorship
- over $25 million in closed circuit sales both in Vegas and nationally in the US
- then a bunch more millions when factoring in things like merchandising, delayed broadcast rights paid by both HBO & Showtime, concessions, etc.

That's somewhere in the neighborhood of $560 million just in the US alone, and then factor in international broadcast rights which were said to be at $40 million plus.

@Aforo88

These were the domestic numbers for Mayweather-Pacquiao. I misread your post the first time through, so it looks like I was quoting them for Mayweather-McGregor. But they're for May-Pac.

 

[CodeBreaker]

This is what Meltzer said in his newsletter;

“When we look at total revenue the show produced, it should be about $445 million from PPV (Cable providers and satellite providers would get 30 percent of the PPV money but the iPPV money would go to the promotion at a much higher percentage), the live gate was $55 million, the U.K. and Ireland PPV is probably about $28 million, international TV rights were estimated at $35 million, $28 million were estimated in sponsorships, $2.6 million in U.S. movie theaters and $15 million from bars and Restaurant airings. There is also a Las Vegas area closed circuit number that is not yet available but should be in about a week, but going in the estimate for that would have been $7 million.

All-in-all, the total gross for the event looks to be in the range of $615 to $620 million. Because a single event like a World Cup final or a Super Bowl is part of a television package, you can’t really give a figure on its value, but for events that you can give a direct money value to, it would be the biggest event of its kind in sports history and I’m thinking probably entertainment history as well.”


But, like he stated with a lot of those numbers, so far they are only estimates. We'll find out more once the final numbers are tabulated.

For you, do you think it's going to top the total revenue of MayPac, and become the biggest sports event ever?

 

[Sharkey]

For you, do you think it's going to top the total revenue of MayPac, and become the biggest sports event ever?

I'm not sure if it'll top the Mayweather-Pacquiao revenue, but it should be close either way.

I'm not comfortable calling it the "biggest sports event ever" regardless since it has the benefit of a revenue source (PPV) that has only recently gained the widespread availability that it has now. Currently there's about 100 million homes in North America equipped to handle PPV, which is 35 million more than was the case just 10 years ago. It's double what it was 15 years ago when only 50 million homes had PPV availability. And today more than 5 times the amount of homes have the ability to order PPV than was the case 25 years ago. And previous to the mid 1980's PPV was pretty much non-existent, so it's not a fair comparison. The revenue that fights like Mayweather-Pacquiao and Mayweather-McGregor saw had a lot to do with them being products of their time with the PPV availability nowadays in addition to the social media impact on them. The big fights from beyond the recent past didn't have that benefit, so it's not fair to judge them directly just based on a dollar amount. As an example, the first Mayweather-Maidana fight grossed 4 to 5 times the total revenue that the first Ali-Frazier fight did, but nobody would be silly enough to say that Mayweather-Maidana was the "bigger" fight of the two.

 

[CodeBreaker]

I'm not sure if it'll top the Mayweather-Pacquiao revenue, but it should be close either way.

I'm not comfortable calling it the "biggest sports event ever" regardless since it has the benefit of a revenue source (PPV) that has only recently gained the widespread availability that it has now. Currently there's about 100 million homes in North America equipped to handle PPV, which is 35 million more than was the case just 10 years ago. It's double what it was 15 years ago when only 50 million homes had PPV availability. And today more than 5 times the amount of homes have the ability to order PPV than was the case 25 years ago. And previous to the mid 1980's PPV was pretty much non-existent, so it's not a fair comparison. The revenue that fights like Mayweather-Pacquiao and Mayweather-McGregor saw had a lot to do with them being products of their time with the PPV availability nowadays in addition to the social media impact on them. The big fights from beyond the recent past didn't have that benefit, so it's not fair to judge them directly just based on a dollar amount. As an example, the first Mayweather-Maidana fight grossed 4 to 5 times the total revenue that the first Ali-Frazier fight did, but nobody would be silly enough to say that Mayweather-Maidana was the "bigger" fight of the two.

I get it. But let's not forget that McGregor alone, is already a big draw. And you put in the PPV kingpin Mayweather in the same arena with the PPV king of UFC, then that benefit of a revenue doesn't necessarily even be a thing in this regard.

 

[Sharkey]

I get it. But let's not forget that McGregor alone, is already a big draw. And you put in the PPV kingpin Mayweather in the same arena with the PPV king of UFC, then that benefit of a revenue doesn't necessarily even be a thing in this regard.

Mayweather-McGregor most certainly benefits from being product of the times. There's no doubt. As just one example, how do you think somebody like Ray Leonard would draw on PPV nowadays if the boxing fanbase had the same interest in him now as they had back then? Leonard drew 46 million viewers to NBC before he even reached title holder status yet. The broadcast of his fight with Benitez drew a 24.4 rating and averaged 55 million viewers for ABC, with the rating peaking at 28.2 for the Leonard-Benitez fight itself with a 43 share. That's almost 65 million viewers at a time when the US had about 225 million people. More than one quarter of that country tuned in to watch him. Leonard's 1st fight with Duran sold pretty much every closed circuit seat that was available, and a rebroadcast of the fight, on a Saturday afternoon in the middle of summer a month after the fight happened, drew 35 million viewers to ABC which was the all-time viewership record for Wide World of Sports at the time. Leonard's fight with Hearns also sold out nearly every closed circuit seat that was available for it, and produced $7.5 million in revenue from PPV as well when PPV was only available to apx 1.2 million homes in the US, mostly in Los Angeles and Chicago. A reported 48.6% of the available PPV audience ended up buying the fight for $12.95.

"Talk of a pay-per-view “universe” probably started back in September 1981 with the first fight between Sugar Ray Leonard and Thomas Hearns, which constituted a welterweight unification and an honest-to-goodness “mega-fight.” At that time, there were about 1.2 million addressable homes, of which a whopping 48.6% bought the fight. It is indeed the highest buy rate for any fight that has been made available to at least a million homes on pay-per-view, though perhaps with the small sampling a little deceptive."

https://www.boxinginsider.com/columns/business-of-boxing-a-boxing-pay-per-view-primer/


Or more recently than Leonard, how about Mike Tyson?

"Mr. Falcigno is optimistic about this fight, but he sees trouble ahead for closed-circuit television. Boxing's promised land lies elsewhere - in pay-per-view TV. Five million cable subscribers can arrange with local cable companies to watch the Tyson-Spinks fight at home. If 10 percent tune in at $30 each, pay-per-view will generate $15 million."

http://www.nytimes.com/1988/06/19/b...rica-s-fight-fans.html?pagewanted=all&mcubz=0

Only 5 million homes in the US were equipped to handle PPV in 1988 according to that source yet the Tyson-Spinks fight still did 700,000 buys on PPV.

Tyson also did 950,000 and 1.25 million buys against Ruddock when PPV was only available in 15 million homes. He did 1.55 million PPV buys when he returned from prison against McNeeley when PPV was available in about 23 million homes. Tyson's rematch with Holyfield drew 1.99 million buys when PPV was available in 35 million homes.

"Although HBO and Showtime executives are cautious about making predictions, Gerbrandt says he thinks tomorrow's fight can break the record. The bout has the advantage of being available to 51 million homes that can order pay-per-view, which is 16 million more than for Holyfield-Tyson II."


Holyfield himself was also a huge PPV draw for the time with him drawing 1 million PPV buys against Douglas when only 14.5 million homes were equipped to handle PPV;

"Promoters say some 1 million households paid an average of $34.95 for the fight, besting the previous top of 700,000 homes for the 1988 bout between Mike Tyson and Michael Spinks. Overnight figures showed the fight was bought by between 7 and 8 percent of the 14.5 million homes wired to receive the bout. The sales ran as high as 16 percent in Douglas' hometown of Columbus, Ohio, and 15 percent in Brooklyn, N.Y."

http://articles.orlandosentinel.com/1990-10-27/sports/9010270154_1_holyfield-douglas-evander

Holyfield also did 1.4 million PPV buys against Foreman when 16.5 million homes were equipped to handle PPV. Marc Taffet, who was the head of HBO's PPV division up until recent, also talks about how many homes are equipped with PPV nowadays with it being 100 million;

https://www.ringtv.com/388125-evand...oreman-the-pound-for-pound-pay-per-view-king/

900,000 and 950,000 PPV buys against Riddick Bowe for Holyfield when PPV was available in less than 20 million homes.


The 1990's was also the height of PPV theft as well when everybody and their neighbors had one of those infamous black market boxes which people so frequently used to descramble PPV signals back then instead of purchasing the PPV. Sources say that the damage being done by the ileggal PPV theft going on back then was into the billions of dollars each year;

"Although there are no precise pay-per-view theft figures, a survey by the National Cable Television Association estimated that basic and premium cable services suffered a $4.7 billion plundering in 1991."

http://www.nytimes.com/1995/04/21/sports/tv-sports-black-box-art-of-steal-per-view.html?mcubz=0


But yes, both Mayweather and McGregor are a product of their time which in turn allows them to benefit from a much, much larger available revenue pool than fighters of the past did. They may be the biggest draws of this current time. But you can't say they are the biggest draws of all-time because they are not operating on an even playing field.

 

[Sharkey]

Holy bold Batman! Meh, I can't fix that shit.

 

[Sharkey]

Julio Cesar Chavez was also a huge PPV draw back in the early 90's as well for a lighter weight fighter.

e.g. His fight with Whitaker drew a 5% buy rate or around 1 million total PPV buys;

"The fight generated an approximate 5 percent buy-rate, with over 1 million subscribers purchasing the fight, according to Suzan Couch, senior marketing consultant for SET. "We were marketing for a 4.5 percent buy-rate so we were very pleased with the results," she said.

Operators' estimates, however, were slightly less; they tabbed the buy-rates at below 5 percent. They said between 950,000 and 1 million subscribers bought the fight. Nevertheless, the fight, with a gross of approximately $30 million, will likely be the highest performing non-heavyweight PPV boxing event ever. …"

https://www.highbeam.com/doc/1G1-14473863.html


Chavez fights vs the likes of Camacho and Haugen also drew tremendous buy rates for the time too;

"Showtime Event Television (SET) and KingVision expect to exceed last year's Chavez-Hector Camacho fight, which generated a 4.2 percent buy rate, or more than 800,000 purchases, said Suzan Couch, the senior marketing consultant to SET. But a lower 3.7 rate, or 740,000 buys, was figured by Paul Kagan Associates, a media research firm."

http://www.nytimes.com/1993/09/10/sports/view-from-pay-per-view.html


"King has to hope that buyers will view Chavez-Alli as the equivalent of the Chavez-Greg Haugen and Chavez-Hector Camacho fights, which drew buy rates of 3.7 and 4.0, respectively. Both buy rates are considered good for non-heavyweight fights but don't approach the best ever boxing buy rate of 8.4 for the Evander Holyfield-George Foreman fight."

http://www.nytimes.com/1993/05/07/s...vez-drawing-power-faces-heavyweight-test.html


What kind of numbers does he do if he had an available PPV audience of 100 million nowadays instead of the 20 million or so he had back in his day?

 

[Someone88]

That's a lot of money made! Should be good for Boxing in some ways.

 

[Get_that_yayo]

I would be shocked if it beat the PPV of Mayweather/Pacman. I seriously doubt that it beat either the ppv buy rate or the attendance/live gate record of Mayweather/Pacman.

Total revenue when you include sponsorship it has to smash Mayweather/Pacman though. Sponsorship for these type of events have been trending up for years, way up. This was the perfect event to blow your sponsorship money on if you are a large corporations. TONS of people streamed this event. Tens of millions if not more.There's no doubt in my mind that illegal streaming numbers are being discussed in negotiations with sponsors over the cost of advertising.