Named the world’s highest-paid athlete multiple times by Forbes, Fortune and Sports Illustrated, boxing superstar Floyd Mayweather Jr. had an estimated net worth of $280 million in 2009, with career earnings estimated at $430 million.
Averaging over one million pay-per-view buys per fight, ‘’Money’ Mayweather, who holds the all-time record in net pay-per-view receipts, has headlined three of the top six highest grossing pay-per-views ever– two them each generating over 2 million pay-per-view buys.
In addition to percentages from pay-per-view buys and gate gross, a 2-year $180 million deal with Showtime, and countless other streams of revenue, Mayweather banks on all site profits. From the $8 hot dogs to the $40 TMT baseball caps, ‘Money’ Mayweather rakes it in.
“Mayweather’s business model closely resembles that of major music artists or groups,” writes Bleacher Report’s Tim Smith. ”They pay a promoter a flat fee to handle the marketing and promotion of the concert and then basically rent the building, taking in all the money from ticket sales, concession and merchandising.”
With tickets sales for the Pacquiao fight topping $74 million, foreign rights to the fight going for $35 million, and over $300 million expected from pay-per-view sales Mayweather’s superfight against Manny Pacquiao stands to gross over $500 million.
On May 2, Pretty Boy Floyd will make at least $150 million for 36 minutes of ring time.
According to Forbes, Mayweather’s 2015 earnings will shatter the world record for athlete pay in a year. Here is how the all-time highest-paid athletes top-12 list stands:
Inflation-Adjusted (year, actual earnings)
- Tiger Woods: $125 million (2008, $115 mil)
- Woods: $120 million (2009, $110 mil)
- Michael Jordan: $115 million (1997, $78 mil)
- Jordan: $115 million (1998, $80 mil)
- Woods: $113 million (2007, $100 mil)
- Woods: $113 million (2010, $105 mil)
- Mike Tyson: $112 million (1996, $75 mil)
- Woods: $105 million (2006, $90 mil)
- Woods: $105 million (2005, $87 mil)
- Evander Holyfield: $104 million (1991, $61 mil)
- Floyd Mayweather: $104 million (2014, $105 mil)
- Woods: $100 million (2004, $80 mil)
- Michael Schumacher: $100 million (2004, $80 mil)
- Woods: $100 million (2003, $78 mil)