Mayweather vs Canelo: Golden Boy CEO says fight will be highest grossing PPV ever

Ethan Miller

The bout between Floyd Mayweather and Canelo Alvarez will be the highest grossing PPV ever if you listen to Golden Boy Promotions CEO, Richard Schaefer.

Floyd Mayweather and Saul "Canelo" Alvarez are set to meet in what is the biggest fight in recent memory. While many are comparing the fight to Mayweather's bout with Oscar De La Hoya, Canelo is coming into this fight as a much bigger star than Floyd was at that point. Mayweather vs. De La Hoya set records that surprised most experts in the boxing world on the strength of HBO's then innovative 24/7 series.

Mayweather and Alvarez set the Las Vegas gate record back in July, announcing this week that that record had climbed even higher, well over the $20,000,000 mark.

There's been a debate over the ability of the fight to break the Mayweather/De La Hoya pay-per-view records. As far as Richard Schaefer, CEO of Golden Boy Promotions, is concerned, this will be the highest grossing PPV ever (via Boxing Scene):

I'm am very, very confident to say that this is the highest grossing boxing event of all-time - there is no question about it. The 2.5 [million buy], I'm not prepared to say that [it will be broken]," Schaefer said.

"The gross is bigger than [De La Hoya-Mayweather]. I'm pretty confident that it will be over 2 million [buys], very confident. It will break the highest gross [of $136,000 million by De La Hoya-Mayweather]."

The ability to break the gross on De La Hoya/Mayweather is aided by the fact that the price has been jacked up for the Canelo fight. The event will cost $65 in standard definition and $75 for high definition, a record high for a boxing event.

But the price doesn't seem to have scared many fans off and Schaefer seems sure that it will break the two million buy mark, no easy feat.

Fight coverage: Mayweather vs. Canelo Alvarez

Preview: Mayweather-Canelo is a true superfight

Mayweather could make $100 million for fight | Record-setting gate

Mayweather vs. Canelo undercard workout highlights

Photos and quotes: Mayweather-Canelo final presser | Angel Garcia's rant

Picks: Fighters heavily favor Mayweather to win

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.