Floyd Mayweather's $32 million guaranteed purse is a new record. (Photo by Jeff Gross/Getty Images)
Floyd Mayweather's $32 million guaranteed purse for tomorrow night's fight with Miguel Cotto is a boxing record, surpassing Mike Tyson's $30 million guarantee from his 1997 rematch with Evander Holyfield.
Mayweather (42-0, 26 KO) will make far more than just the $32 million, too, as he's got a unique deal where he takes a little bit of everything, from a lion's share of PPV down to a piece of every beer sold at the MGM Grand. For last year's fight with Victor Ortiz, Mayweather was said to have raked in about $40 million total, and that was not a fight with the buzz and anticipation of this one.
Cotto has been guaranteed an $8 million purse, a career high for him, and will also receive a share of the PPV upside. On the undercard, Canelo Alvarez will make $1.2 million, while Shane Mosley has taken a pay cut to $650,000.
Golden Boy is currently saying that early indicators have the fight potentially breaking the PPV record set by Mayweather and Oscar De La Hoya in 2007 (2.4 million buys), but they seem to say that about every fight. They said it about Mayweather vs Ortiz last year, too, and that fight didn't come remotely close to the record.
This one likely won't be setting a record either, but could potentially be Mayweather's second-biggest PPV ever, and will almost surely be Cotto's biggest. Cotto's current best PPV performance came as the B-side against Manny Pacquiao, as the two drew a reported 1.25 million buys.