PACQUIAO VS RIOS, BIGGEST FIGHT EVER? / TIGER WOODS BACK ON TOP OF FORBES HIGHEST PAID ATHLETE, MANNY IS 14th
MANILA, JUNE 10, 2013 (FIGHTSAGA.COM) Written by Lee Cleveland - Recently, Manny Pacquiao's promoter, Bob Arum, reiterated something he said in February.
"I can't imagine Pacquiao will ever again fight in the U.S."
He made the statement not long after Pacquiao vs Rios was confirmed for November 23 in Macau, China.
Arum also recently told the LA Times, "By fighting outside the country, as he’s doing in this Rios fight, Manny doesn’t have to pay U.S. taxes anymore – at a rate of 40% for a foreign athlete."
Oh, but there is more - Much more.
Manny Pacquiao, although popular worldwide, is perhaps the most well-known Asian fighter the world has ever known - Or second, if you consider Bruce Lee a fighter. However, although Lee was a superb martial artist, he was more actor/filmmaker/philospher/fight instructor than actual combat warrior.
But back to Pacquiao vs Rios... Some expect, because of China's large population, its proximity to the Philippines and Pacquiao's ethnicity, that PacMan's upcoming bout with Brandon Rios will be the biggest fight in history - at least revenue-wise.
It's practically a given it'll probably be the most watched live fight ever but how much money will it make?
Not only will the live gate be massive, don't be surprised if PPV buys and overall revenue topples Mayweather vs De La Hoya (2007), the highest grossing fight to date.
Although the PPV fee for those watching Pacquiao vs Rios in China will be only $5 USD (compared to $55 -$60 in the U.S.), a staggering 80 million homes may order it. And yes, given China's population of 1.34 billion, 80 million sales is not out of the question if the fight is promoted well.
Mayweather vs De La Hoya made $165 Million USD in total gross revenue ($134.4 Million USD domestically) with De La Hoya pocketing $52 Million USD and Floyd $25 Million USD. The fight broke all pay-per-view records at 2.4 million buys and Oscar's purse for that bout is still the highest any fighter has received for one bout in the history of the combat sports.
However, PPV revenue from China alone could exceed $400 Million USD for Pacquiao vs Rios. And when the projected buyrate in the U.S plus the live gate are figured into the equation, another $80-100 Million USD can be added.
No wonder Pacquiao may never fight in the U.S. again.
"We think it opens a tremendous market in China because it enables us to do pay-per-view there in ways that we haven't done before," Arum said.
Zou Shiming In April, the pro debut of two-time Olympic gold medalist Zou Shiming reportedly drew nearly 300 million viewers on television in China but Shiming, unlike Pacquiao, is Chinese and that bout was free.
Boxing isn't hugely popular in China so Arum's Top Rank shouldn't expect 80 million PPV buys to just fall in its lap without hard work and intelligent strategizing.
If Shiming can get 300 million viwers in China for his 4 round pro debut, can the great Pacquiao get 80 million to pay $5 there for his bout with action hero Brandon Rios?
Boxing's 14 Highest PPV Draws (Based on number of orders, not revenue)
1. Mayweather vs De La Hoya (2007) 2.4 million buys
2. Tyson vs Holyfield 2 (1997) 1.99 million buys
3. Tyson vs Lewis (2002) 1,950 million buys
4. Tyson vs Holyfield I (1996) 1,59 million buys
5. Tyson vs McNeeley (1995) 1,55 million buys Mayweather vs Cotto (2012) 1.5 million buys
6. Pacquiao vs Marquez 3 (2011) 1.45 million buys
7. Mayweather vs Mosley (2010) 1.4 million buys De La Hoya vs Trinidad (1999) 1.4 million buys Holyfield vs Foreman (1991) 1.4 million buys
8. Tyson vs Bruno 2 (1996) 1.37 million buys
9. Pacquiao vs Mosley (2011) 1.34 million buys
10. Mayweather vs Ortiz (2011) 1.25 million buys Pacquiao vs De La Hoya (2009) 1.25 million buys
Tiger Woods is back on top of Forbes' list of highest-paid athletes.
[PGA STAR TIGER WOODS]
The star golfer spent 11 straight years at No. 1 on the magazine's list before falling to third in 2012. The magazine put him back in the top spot after he made $78.1 million over the last year from prize money, endorsements, appearance fees and golf course design work.
Woods has enjoyed a resurgence in his play that has earned him over $13.1 million the past 12 months — double his total from the prior year.
Tennis star Roger Federer is second at $71.5 million while Kobe Bryant of the Los Angeles Lakers is third at $61.9 million.
LeBron James comes in fourth with US$59.8 million and Saints' quarterback Drew Brees rounds out the top five at $51 million.
The Philippines' boxing hero, Manny Pacquiao, wound up 14th on Forbes' rich list with $34 million on a year when he dropped both of his fights to Timothy Bradley and Juan Manuel Marquez.
His earnings, broken down to $26 million in winnings and $8 million in endorsements, puts him level with fierce rival Floyd Mayweather, who topped the Forbes list the year before.
David Beckham was No. 8 overall and the highest-ranked football player at $47.2 million.
New York Yankees third baseman Alex Rodriguez was tops among the 27 baseball players on the list and No. 18 overall with US$30.3 million.
Two women, both tennis players, made the list. Maria Sharapova ($29 million) came in at No. 22, and Li Na ($18.2 million) was 85th.
For the complete list of the world’s top-paid athletes, click here.
Chief News Editor: Sol Jose Vanzi
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