Florida Sentinel Bulletin

Showtime Networks announced Thursday that Saturday’s fight between Floyd Mayweather and Saul “Canelo” Alvarez, billed as “The One,” generated a record $150 million in pay-per-view revenue on 2.2 million buys. It breaks the record of $136 million for Mayweather’s 2007 fight against Oscar De La Hoya.  “It shows the health of boxing and that it can deliver at the highest level,” says Richard Schaefer, CEO of Golden Boy which promoted both Mayweather fights.

Showtime, which broadcast the fight on pay-per-view, announced Thursday, along with promoters Golden Boy Promotions and Mayweather Promotions, that Mayweather’s dominant decision victory shattered the all-time record for highest-grossing pay-per-view fight of all time, generating $150 million in revenue from 2.2 million pay-per-view buys.

Mayweather received a record guaranteed purse of $41.5 million purse for the fight, and as co-promoter with Golden Boy, he will also reap the spoils of the PPV haul. Mayweather is set to earn more than $80 million from the fight based on the current PPV estimates, and his final take could approach $100 million if the ultimate PPV tally exceeds 2.5 million buys. The one night payday tops the previous record in boxing of $52 million that De La Hoya received for the 2007 Mayweather fight. The Canelo fight pushes Mayweather’s career earnings over the $350 million mark. And despite his free-spending ways , Mayweather showed that he has built up a sizable nest egg in a recent ESPN The Magazine story when he displayed his $123 million balance on a bank receipt.