Tuesday 19 June 2012

Mayweather and Pacquiao announced as the two highest paid athletes in the world!

Who ever said that boxing is no longer a main-stream sport?.. Well, I don't know who said it, but they are definitely wrong. Forbes Magazine has released the list of the world's highest paid athletes from June 2011 through to June 2012, and guess who the top two are? Floyd Mayweather and Manny Pacquiao!

'Money' Mayweather made $85 million from his fights with Victor Ortiz and Miguel Cotto. Although, Pacquiao was second, his earnings were quite a long way off from his "sporting rival." The Filipino earned $56 million from his super showdowns with Juan Manuel Marquez and Timothy Bradley.

The main reason that Mayweather's earnings are so much higher than any other boxer and also any other athlete is that he manages and promotes himself. This means that he collects every he makes from his fights, including tickets revenue, PPV buys and all sponsorships. With most of the other fighters in the sport, they get a considerable amount of money taken from their promoters. Now, I wouldn't advise every fighter to do this as it wouldn't pay off. You can sl*g Mayweather off as much as you want but you cannot deny that he is a very smart man. He takes complete control of his money and makes sure that he is always in charge.

There were only two other boxers on the list, and they were:

  • Wladimir Klitschko - Ranked at No.24 and his total income was $28 million.
  • Miguel Cotto - Ranked at No.75 with a total income of $19 million..
This isn't going to give boxing the extra boost that he needs but it is certainly an eye opener to the people saying our sport is dead. No matter what happens, boxing will always have die-hard fight fans that tune in for every fight.

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