Is the Sports World Getting Ready For Its Highest-Grossing Event?
Sports is getting insane day by day in terms of cash flow, as some athletes are being paid mind blowing amounts. When you look at boxing, one name comes to the top, Floyd “Money” Mayweather Jr. The 49-0 boxer has dominated the sport of boxing like no one else and considered a living legend by many because of his unbeaten streak of 49 fights. However, Mayweather retired last year after equaling Rocky Marciano’s 49-0 long standing record in professional boxing. It is widely speculated that “Pretty Boy” will come out of retirement for his 50th fight to make a new world record.
On the other hand, UFC superstar Conor McGregor has moved one step closer to enter a boxing ring with boxing gloves on instead of MMA gloves that he is used to wearing in the Octagon, on Wednesday, the Irishman officially received his boxing license from the state of California, which makes him eligible to fight Mayweather.
“Is it getting any close? I don’t know, but it certainly wouldn’t surprise me that it’s going to happen,” Said John Kavanagh (McGregor’s longstanding coach).
Wayne Allyn Root who is the former Vegas oddsmaker turned political commentator, believes a fight between the two Mega Stars could generate up tp $800 million revenue, and up to $1 billion in betting.
“To create a merger, per se, of a superstar like Mayweather with a UFC superstar like McGregor would be explosive, monumental and one of a kind,” Root said. “It would also bring wagers from a massive younger generation that is no longer interested in boxing. It would have the potential to blow away the betting totals we saw for Mayweather-Pacquiao.”
The previous record in boxing is held by Mayweather-Pacquiao super-fight in 2015, which grossed about $600 million from PPV, tickets sale, and sponsorships etc. From that fight the 39-year-old Mayweather earned almost $250 million.
McGregor’s career earning record in MMA stands at $10 million from a single fight, which he earned from his previous fight against Eddie Alvarez to become the double world champion. The manner in which he decimated his opponent and former lightweight champion Alvarez, speaks volume about his incredible boxing skills. “The Notorious” who is famous for his trash-talking, wants a minimum 50% cut from the Mayweather fight, if it ever takes place.
“As far as real fighting… as far as true pure unarmed combat… Floyd don’t want none of this”. This is what McGregor had to say to a crowd in New York City nightclub following his victory over Alvarez.
“I want $100 million cash to fight him under boxing rules… he’s afraid of a real fight,” McGregor said in a video obtained by TMZ.
But the now-retired Mayweather and his camp insist McGregor is just trying to get some free publicity by getting his name in the conversation with one of boxing’s greatest-ever fighters.
In November, “Money” disrespected the two division champion and said there is no comparison between the two. This is what he had to say:
“I think it’s time for Conor McGregor to go out there and do what he do. But never compare Conor McGregor to me, It’s a total disrespect. Once again, I’m an elephant. An elephant don’t beef with ants. Elephant is so large he don’t even see ants.”
According to Forbes, Mayweather’s is currently the 3rd highest grossing athlete with $700 million during his 19 years of professional boxing career. He is behind only to Formula One’s Michael Schumacher ($800 million), and Tiger Woods ($1.4 billion). If this fight happens he can easily jump to number 2.
At the moment, McGregor is taking a time off from fighting business in order to spend more time with his family before the birth of his first child in May.