According to Forbes Magazine, Floyd Mayweather was the highest-paid athlete in the world a year ago with total earnings of more than $85 million — which is a fairly decent amount of money, of course.
However, it’s nothing compared to what Mayweather will make from his fight against Robert “The Ghost” Guerrero and if he takes on one more opponent this year.
Not only is Mayweather’s $32 million purse for his bout with Guerrero a boxing record, but it is only the beginning of the potential earnings for the undefeated champion (43-0, 26 KOs).
“I think when you see a total like that it speaks for itself,” Golden Boy Promotions chief executive Richard Schaefer, whose company will pay Mayweather, told ESPN.com. “He has established clearly that level of $32 million as a guarantee and remember: He will make much more after everything is counted because he keeps 90 percent of the profit from the event. The $32 million is just the contract minimum. The bulk of everything else goes to him. …
“It speaks to his popularity. He generates that money,” Schaefer said. “Love him or hate him, they watch him. I’m very happy for him. He deserves it.”
For Guerrero’s efforts, the challenger (31-1-1, 18 KOs) will be bringing in a career-high $3 million and will be making a share of the pay-per-view profits.
The fight is expected to sell more than one million subscriptions at $59.99 a pop, so Mayweather’s expected earnings should skyrocket beyond that aforementioned minimum threshold of $32 million.
“It’s just a great feeling to know that he is the highest-paid athlete in the world,” said Leonard Ellerbe, a Mayweather adviser and the CEO of Mayweather Promotions. “With Floyd being the highest-paid athlete in the sport, he can just continue to bring awareness to boxing and help make it a mainstream sport once again. That’s a lot of money. It’s truly a blessing.
“He was highest-paid athlete last year and guess where he’ll be again this year?”
Pretty sure we don’t need to guess on that one, Mr. Ellerbe.