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Floyd Mayweather Inks Record-Breaking Deal With Showtime & CBS

Television
by Tambay A. Obenson
February 19, 2013 1:09 PM
2 Comments
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They're calling it the largest deal in the sport of boxing, although details of the deal aren't yet public.

The story via press release below:

Floyd "Money" Mayweather Inks Record-Breaking Deal With Showtime®/CBS

LAS VEGAS, Feb. 19, 2013 /PRNewswire/ -- Undefeated eight-time world champion Floyd "Money" Mayweather, boxing's pound-for-pound king and the highest paid athlete in the world (Forbes, 2012), has entered into a groundbreaking pay-per-view deal with Showtime Networks Inc. and its parent company, CBS Corporation. Under the new deal, SHOWTIME PPV® will collaborate with CBS Corporation to comprehensively promote Mayweather's events on the CBS Television Network and via the corporation's expansive media platforms.

The deal—a unique revenue-sharing arrangement between SHOWTIME PPV and Mayweather—will enable him to fight up to six times over a period of 30 months, with the first mega-event taking place on May 4, 2013, when Mayweather will fight Robert "The Ghost" Guerrero. More details of this upcoming event will be announced shortly.

Mayweather's new deal is by far the biggest in the sport of boxing (specific financial details are contractually confidential). Mayweather is the PPV king and averages over 1 million PPV buys per event, which is the highest PPV buy average of any boxer in history. At this record-setting PPV performance level, if all six fights contemplated by this deal occur, it will be the richest individual athlete deal in all of sports.

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2 Comments

  • Trina | February 21, 2013 1:22 AMReply

    I was at the sad introduction to Floyd Mayweather at the J W Mmarriot in Grand Rapids. He is the most rude, intiltled individual I have ever met. This man deserves to be beaten. I would love to support someone who is good for the community - this man is not!

  • Troy | February 19, 2013 6:31 PMReply

    This why black stars who are not trained thespians end up in movies, by being bankable. There is also a professional divide amongst blacks who constantly chastise adolescent blacks for wanting to be athletes. I don't believe all black kids should be athletes, however they should live healthy. We live in a day and age where their are more young black millionaires playing sports in the world than all other industries combined. Pro athlete's aren't out their attacking other professions. They are also higher educated than the general public but their exists dumb jock stereotypes, perpetuated by black people.

    This is what it looks like to be the greatest at something and to be completely undefeated. Nobody else you like can say that. More black people want him to lose against foreigners than wanted Barack to lose. I don't know how much colorism plays into that but if you don't realize that the most powerful man in the world is more narcissistic than the best boxer in the world then re realities are truly different.

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