The business behind the Mayweather-Pacquiao fight
Everyone who reserved a Las Vegas hotel room for a $1000 per night next weekend, you can breathe a little easier. The biggest boxing match in years is confirmed. A contract dispute between the two promoters meant tickets just went on sale yesterday for a fight that’s years in the making, and just a week away — that was a close one.
The pent-up demand for Floyd Mayweather and Manny Pacquiao to get into the ring is totaling up to big bucks.
“It’s guys that are five years past the moment when they should’ve been having this fight,” says Kenneth Shropshire from the Wharton Sports Business Initiative. “It’s not the heavyweights. This is where people are excited to see someone that is closer in size to the average man.”
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
