by Joseph Pimentel/Asianjournal.com
LOS ANGELES – The numbers are in. The Pacquiao-Marquez rematch last March 15 in Las Vegas generated over $20.2 million dollars in pay-per-view (ppv) revenue, according to Golden Boy Promotions.
About 400,000 homes paid $49.95 to watch Pacquiao win a very narrow split decision against his Mexican counterpart, establishing a record for fights below the welterweight division. Pacquiao and Marquez were held to a controversial draw the last time they met in 2004 but did not come close to earning the same amount of money.
With the ppv numbers, the gate for the fight also hit records. More than 11,000 people flocked to the Mandalay Bay Events Center to watch the fight live. Top Rank President Bob Arum said during the post-fight press conference that ticket sale earnings surpassed all of Pacquiao’s previous marquee matches against Mexican Erik Morales and Marco Antonio Barrera.
Officially, the Pacquiao-Marquez II bout generated $3.3 million in ticket sales and $60,000 in closed-circuit earnings at the Mandalay Bay Events Center, according to an AP report.
The Inquirer reported that Pacquiao took home more than $5.5 million from the fight purse not including his shares of the ppv, closed circuit and other TV deal earnings.
Pacquiao Marquez III?
The ppv and ticket earnings give further implications that a Pacquiao vs. Marquez III bout is in the works. Golden Boy CEO Richard Schaeffer offered $6 million to Pacquiao for an immediate rematch against Marquez.
However, Arum continues to insist that Pacquiao will move up in weight (135 pounds) and his next opponent is Mexican-American World Boxing Council (WBC) Lightweight Champion David Diaz. Arum has scheduled the bout for June 28 at the Mandalay Bay in Las Vegas if Pacquiao’s cuts that he suffered from the hands of Marquez heal in time.
Arum’s insistence on Diaz has caused friction with the Top Rank/ Golden Boy copartnership with Pacquiao.
Golden Boy is heavily promoting Marquez as the next “biggest Mexican attraction in the United States.”
“The numbers for this fight are an amazing achievement for a ‘lower weight’ fighter,” said Oscar de la Hoya, president of Golden Boy Promotions. “It’s an honor for all of us at Golden Boy Promotions to promote a fighter who is as talented, tough, charismatic and popular as Juan Manuel. While he didn’t get the decision in this historic bout, we are going to make sure he receives the recognition he deserves as Mexico’s biggest star.”
The AP reported that a third bout between “Pacquiao and Marquez is likely, probably at lightweight and possibly within 12 months.”