Floyd Mayweather will reportedly earn $32 million for Robert Guerrero fight
Boxer Floyd Mayweather will earn a record-tying $32 million for his welterweight title fight against Robert Guerrero at MGM Grand Garden Arena on Saturday, according to ESPN.com’s Dan Rafael.
The figure matches “Money” Mayweather’s earnings from his last fight a year ago, when he set the all-time record for the largest single-fight contract in a win over Miguel Cotto.
The 36-year-old was the highest-paid athlete in the world last year, garnering $85 million, according to Forbes Magazine.
From the ESPN.com report:
The $32 million figure is on Mayweather’s bout agreement and is the amount he will be paid immediately after the fight, according to NSAC executive director Keith Kizer.
According to Kizer, the previous largest guarantee in Nevada — where most of the biggest money fights have taken place — was the $30 million Mike Tyson was guaranteed for the infamous ear-bite heavyweight championship rematch with Evander Holyfield in 1997.
“I think when you see a total like that it speaks for itself,” Golden Boy Promotions chief executive Richard Schaefer, whose company will pay Mayweather, told ESPN.com. “He has established clearly that level of $32 million as a guarantee and remember: He will make much more after everything is counted because he keeps 90 percent of the profit from the event. The $32 million is just the contract minimum. The bulk of everything else goes to him.”