Canelo was guaranteed $5 mil and with the PPV upside he got $12 mil. The $12 million was based off the fight doing 2.6 mil PPV's The fight ended up doing 2.2 million PPV's
Canelo had fought at a split site on Floyd's undercard. He sold out the Staples center while Floyd fought in Vegas. Then he fought Mosley on Floyd's undercard for Cotto which did 1.5 mil PPV buys. Then he did 14,000 at the MGM Grand against Josesito Lopez. Then he sold out Alamodome fighting Trout where he put 40,000 people in the seats.
Cotto was guaranteed $8 mil with a possiblity of over $10 mil from the PPV upside
Coming into the fight Cotto had did 1.2 mill PPV against Pacquiao and 600k PPV against Margarito II. Cotto had put 22,000 people in the stands at Yankee Stadium against Yuri Foreman. Sold out MGM against Margarito I. He'd done so well that MGM and MSG had a bidding war to bring him back for the Margarito rematch. His MSG gate for the Margarito rematch doubled Golovkin's fight against Lemieux although Lemieux v. Golovkin had slightly more people. And his PPV vs Margarito did 600k compared to Golovkins 150k.
Golovkin wants at least $10 mil and 40% of the PPV. Do you guys see how unreasonable this is now?
Contracts are filed w/ NSAC. Canelo making $5M on fight night, but it's misleading. Guaranteed WAY more from PPV. I'm told $12M.
— Dan Rafael (@danrafaelespn)
Canelo had fought at a split site on Floyd's undercard. He sold out the Staples center while Floyd fought in Vegas. Then he fought Mosley on Floyd's undercard for Cotto which did 1.5 mil PPV buys. Then he did 14,000 at the MGM Grand against Josesito Lopez. Then he sold out Alamodome fighting Trout where he put 40,000 people in the seats.
Cotto was guaranteed $8 mil with a possiblity of over $10 mil from the PPV upside
Coming into the fight Cotto had did 1.2 mill PPV against Pacquiao and 600k PPV against Margarito II. Cotto had put 22,000 people in the stands at Yankee Stadium against Yuri Foreman. Sold out MGM against Margarito I. He'd done so well that MGM and MSG had a bidding war to bring him back for the Margarito rematch. His MSG gate for the Margarito rematch doubled Golovkin's fight against Lemieux although Lemieux v. Golovkin had slightly more people. And his PPV vs Margarito did 600k compared to Golovkins 150k.
Golovkin wants at least $10 mil and 40% of the PPV. Do you guys see how unreasonable this is now?
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