Only 300,000 PPV Buys For Pacquiao-Algieri Bout
Big-name boxers like Floyd Mayweather and Manny Pacquiao are lucky because their guaranteed purses are eight digits, while their opponents get only in the lower seven-digit figure. The share in pay-per-view (PPV) buys is no longer a reliable source of boosting their earnings further since trends indicate lower PPVs.
The latest victim of lower PPV buys is the Nov 22 bout between Pacquiao and American boxer Chris Algieri in Macau which allegedly sold only 300,000 PPV views, report BoxingNews 24, citing boxing businessman Rick Glaser as the source of the number.
In a tweet, Glaser claimed the bout at Cotai only sold more than just 300,000 PPV buys, making it Pacquiao's lowest PV figure since he became a superstar in the boxing world.
Chris Williams of Boxingnews24 said that if Glaser's data is accurate, Pacquiao would be lucky to get a 70-30 split if Mayweather would agree to a bout or 80-20. Williams blames Top Rank Promotions boss Bob Arum for the poor PPV sales in Macau.
"It was a horrible idea by Arum to have Pacquiao fight the little know Algieri instead of a better known fighter that casual boxing fans had hear of and care about. Pacquiao should have vetoed that idea when Arum brought it up, because it didn't take a genius to see that the fight wouldn't do well on pay-per-view," Williams wrote.
Boxingtribune, which also quoted Glaser, pointed out that the embarrassing low PPV figure may result in the numbers not being announced at all.
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The Web site also blamed the unknown status of Algieri for the low PPV sales, worse than the Pacquiao-Brandon Rios bout in 2013, also in Macau, where only 450,000 PPV buys were also made.
The official figure for Mayweather's rematch against Argentinean boxer Marcos Maidana was similarly not released amid speculations that it sold less than 1 million PPV buys.