Last Saturday’s fight between Manny Pacquiao and Miguel Cotto recorded 1.25 million pay-per-view buys. The TV gross was $70 million. The live gate was $8.84 million with 15,470 tickets sold. In comparison, Floyd Mayweather Jr and Juan Manuel Marquez reached 1.05 million buys in September.
Bob Arum, promoter of both Pacquiao and Cotto, estimates that Manny Pacquiao made $22 million off of the fight while Cotto pulled in $12 million. Not too shabby.
Bob Arum also wants to begin negotiations on a fight with Floyd Mayweather Jr, most likely with an early May 2010 date. This fight is just too big to ignore now. I’d be surprised if it doesn’t get made.
