BOXING: Mayweather VS Cotto
BOXING: Mayweather VS Cotto
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Minimum Floyd Mayweather will make for fighting Miguel Cotto? $32 million
By Kevin Iole | Boxing – Fri, 4 May, 2012 5:52 PM EDT
Floyd Mayweather is guaranteed $32 million Saturday (AP)LAS VEGAS -- What can you buy for $32 million? Well, late Saturday night, after his bout with Miguel Cotto at the MGM Grand Garden has ended, Floyd Mayweather Jr. will find out.
According to the Nevada Athletic Commission, Mayweather is guaranteed $32 million for Saturday's match for the World Boxing Association super welterweight championship, the largest guarantee for a boxer in history.
That, however, is only a guarantee. Mayweather will also take home a hefty share of the pay-per-view profits and will make significantly more. No one is saying, but Mayweather said during an interview on Tuesday that it could be upwards of $100 million.
[Related: 50 Cent says 'Money's' upcoming jail time can be 'therapeutic']
No doubt, that was hyperbole, but he's going to be paid very well for risking his 42-0 record against the Puerto Rican star.
His guarantee surpasses the $30 million guarantee given to Mike Tyson for his 1997 fight with Evander Holyfield. Cotto is guaranteed $8 million, so the combined $40 million payouts are less than the combined $41 million given to Tyson and Holyfield. Holyfield earned $11 million for that fight.
Leonard Ellerbe, the CEO of Mayweather Promotions, couldn't say how much more Mayweather would make, other than it is a lot.
This is the largest guarantee ever in Nevada. Ever. And where are the big fights held? In Nevada.
[Related: Miguel Cotto is quietly confident he can beat Floyd Mayweather]
In pure dollars, Mayweather has the record. Adjusted for inflation, though, Tyson's mark might still be the record. According to the Bureau of Labor statistics site, a $30 million payment in 1997 would equate to $42.9 million in 2012 dollars.
Both men easily made weight. Cotto weighed in on the number at 154. Mayweather weighed in at a career-high 151.
The two had a lengthy staredown, far longer than normal, and began jawing at each other.
At the MGM Grand sports book, Mayweather is now nearly an 8-1 favorite.
By Kevin Iole | Boxing – Fri, 4 May, 2012 5:52 PM EDT
Floyd Mayweather is guaranteed $32 million Saturday (AP)LAS VEGAS -- What can you buy for $32 million? Well, late Saturday night, after his bout with Miguel Cotto at the MGM Grand Garden has ended, Floyd Mayweather Jr. will find out.
According to the Nevada Athletic Commission, Mayweather is guaranteed $32 million for Saturday's match for the World Boxing Association super welterweight championship, the largest guarantee for a boxer in history.
That, however, is only a guarantee. Mayweather will also take home a hefty share of the pay-per-view profits and will make significantly more. No one is saying, but Mayweather said during an interview on Tuesday that it could be upwards of $100 million.
[Related: 50 Cent says 'Money's' upcoming jail time can be 'therapeutic']
No doubt, that was hyperbole, but he's going to be paid very well for risking his 42-0 record against the Puerto Rican star.
His guarantee surpasses the $30 million guarantee given to Mike Tyson for his 1997 fight with Evander Holyfield. Cotto is guaranteed $8 million, so the combined $40 million payouts are less than the combined $41 million given to Tyson and Holyfield. Holyfield earned $11 million for that fight.
Leonard Ellerbe, the CEO of Mayweather Promotions, couldn't say how much more Mayweather would make, other than it is a lot.
This is the largest guarantee ever in Nevada. Ever. And where are the big fights held? In Nevada.
[Related: Miguel Cotto is quietly confident he can beat Floyd Mayweather]
In pure dollars, Mayweather has the record. Adjusted for inflation, though, Tyson's mark might still be the record. According to the Bureau of Labor statistics site, a $30 million payment in 1997 would equate to $42.9 million in 2012 dollars.
Both men easily made weight. Cotto weighed in on the number at 154. Mayweather weighed in at a career-high 151.
The two had a lengthy staredown, far longer than normal, and began jawing at each other.
At the MGM Grand sports book, Mayweather is now nearly an 8-1 favorite.
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Round one: Mayweather connects with the first few jabs of the contest in the opening minute, and continues to catch Cotto with some ultra-fast shots whenever the champion gets close. Cotto looks happy to absorb these initial shots but isnt able to connect too well with his own attacks. Cotto 9-10 Mayweather
Round two: Cotto starts the second cornering the challenger before pretty much hoisting Mayweather off his feet with a grab in the opening minute. The jab remains all Mayweather but Cotto brings the crowd to life with a flurry to the body halfway through the round. Mayweather connects with a few more shots whilst evading the champions wild swings in the closing 30 seconds and thats another one for Money. Cotto 18-20 Mayweather
Round three: Mayweather develops a confident smirk as Cotto continues to miss the majority of his hooks, and the challenger is beginning to occupy the centre of the ring a lot more now as he dictates the flow. The least eventful of the opening three rounds but nonetheless the tide remains against the champ. Cotto 27-30 Mayweather
Round four: Cotto has landed 26 of 138 punches from the first quarter of the fight, which speaks volumes so far. Mayweather lands a powerful pair of jabs to the face of the champ in the opening minute, and begins to look for the opening with strong combinations but Cotto replies with his best offense of the fight so far in the closing 40 seconds. Cotto 36-40 Mayweather
Round two: Cotto starts the second cornering the challenger before pretty much hoisting Mayweather off his feet with a grab in the opening minute. The jab remains all Mayweather but Cotto brings the crowd to life with a flurry to the body halfway through the round. Mayweather connects with a few more shots whilst evading the champions wild swings in the closing 30 seconds and thats another one for Money. Cotto 18-20 Mayweather
Round three: Mayweather develops a confident smirk as Cotto continues to miss the majority of his hooks, and the challenger is beginning to occupy the centre of the ring a lot more now as he dictates the flow. The least eventful of the opening three rounds but nonetheless the tide remains against the champ. Cotto 27-30 Mayweather
Round four: Cotto has landed 26 of 138 punches from the first quarter of the fight, which speaks volumes so far. Mayweather lands a powerful pair of jabs to the face of the champ in the opening minute, and begins to look for the opening with strong combinations but Cotto replies with his best offense of the fight so far in the closing 40 seconds. Cotto 36-40 Mayweather
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Round five: The champion looked bruised and frustrated in his corner, and comes out aggressively in the fifth. Mayweather soaks up the onslaught and gains enough distance to begin counter-punching though he is evading less now than in the first four. The challenger is spending more time back in the corner with Cotto and it pays off towards the end of the round with further shots on the break. Cotto 45-50 Mayweather
Round six: There is now a small opening above the left eye of Cotto, and a grinning Mayweather continues to lure the champion in for counter-strikes but this is the challenger's quietest round yet. A choice left with 2:10 remaining lands on ‘Money' without reply. Cotto 55-59 Mayweather
Round seven: Mayweather is back in the middle for the early stages of the seventh and connects well one minute in. Cotto swings several flurries but is being caught on the outside by the challenger. Cotto 64-69 Mayweather
Round eight: Mayweather lands an early uppercut but to Cotto's credit, he is soaking up the shots from his challenger. His own rallies still fail to register on ‘Money', who finally lands a few more head shots in the final 70 seconds and busts Mayweather's nose. The pro-Cotto crowd are given reason to get behind their man with that round. Cotto 74-78 Mayweather
Round six: There is now a small opening above the left eye of Cotto, and a grinning Mayweather continues to lure the champion in for counter-strikes but this is the challenger's quietest round yet. A choice left with 2:10 remaining lands on ‘Money' without reply. Cotto 55-59 Mayweather
Round seven: Mayweather is back in the middle for the early stages of the seventh and connects well one minute in. Cotto swings several flurries but is being caught on the outside by the challenger. Cotto 64-69 Mayweather
Round eight: Mayweather lands an early uppercut but to Cotto's credit, he is soaking up the shots from his challenger. His own rallies still fail to register on ‘Money', who finally lands a few more head shots in the final 70 seconds and busts Mayweather's nose. The pro-Cotto crowd are given reason to get behind their man with that round. Cotto 74-78 Mayweather
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