Schaefer Looking to Get 1.7 to 1.8 Million PPV Buys from Mayweather-Ortiz Highly Unlikely
Funny thing about promoters is that they would normally overdo their math just to tell people that their client is interesting. This is simply what Richard Schaefer has done before the rather disappointing fight between Floyd Mayweather and Victor Ortiz that ended up in the most bizarre way possible.
Schaefer, head promoter of Golden Boy Promotions and the fight, claimed that they were expecting to get 1.7 to 1.8 million PPV buys for the fight. However, if the gate sales are any indication, they may be getting a lot lower than what Schaefer is expecting to get after the fight.
It was reported that even with a powerhouse lineup, with Erik Morales and Saul Canelo Alvarez in the undercard, the event failed to draw people into buying tickets and was not able to sell the place out. There were certainly empty seats for the said event, even though the price of the ticket was lowered down a week before the fight.
While the PPV buy rates are not yet out, it is already safe to assume that Mayweather’s “Star Power” is not as bright as it used to be as he failed to sell all tickets to the said event, even after turning his reality show into a soap opera in HBO, literally burning money for no reason, his shenanigans during press conference, and using Pacquiao’s name to get attention.
Of course, you cannot expect anything less from Bob Arum as he is known to bend the truth as well, but even though the fight is not happening until 2 months from now, Pacquiao-Marquez III has already sold out in ticket sales and reportedly already selling 3 times the price in secondary market.
If the PPV buys do not reach the numbers that Schaefer has predicted, we may still be able to see a Pacquiao-Mayweather fight if what Floyd claims is true that he loves money because it will only be the only fight that can get him enough to pay for his lawyers and possible bails in the future.