Pacquiao-Clottey bout gets 700,000 PPV buys
MANILA, Philippines – The one-sided fight between 7-division world champion Manny Pacquiao and Ghanaian Joshua Clottey, which drew almost 51,000 people to the Cowboys Stadium in Texas, got a total of 700,000 pay-per-view (PPV) buys.
According to Dan Rafael of ESPN.com, Mark Taffet of HBO PPV added that the “The Event” bout earned $35.3 million in domestic television revenue.
Taffet attributed the PPV success of “The Event” to the world’s best pound-for-pound fighter. “It is a testament to the popularity of Pacquiao and the vitality of the sport, and it gives us great encouragement as we look toward the May 1 Mayweather-Mosley pay-per-view fight.”
“Fights like this traditionally do not exceed 400,000 buys,” added the HBO PPV official.
Pacquiao, who successfully defended his World Boxing Organization (WBO) welterweight crown against Clottey via unanimous decision last March 13, was assured of a $12-million purse.
The ABS-CBN News Channel (ANC) reported that Pacquiao stands to get an additional $1 million to $4 million from the PPV earnings. That would bring his total earnings from the Clottey bout from $13 million to $16 million.
The number of the Pacquiao-Clottey bout PPV buys, however, failed to meet the expectation of Top Rank Promotions head Bob Arum who said that it could exceed 700,000.
The PPV breakdown for “The Event” is 40,000 buys from telco homes, 310,000 from satellite homes and 350,000 from cable homes.
ESPN.com noted that Pacquiao generated 6.25 million buys and $320 million in revenue in 12 pay-per-view fights. The bulk of the PPV buys came from his last 4 fights: Clottey, Miguel Cotto (1.2 million buys), Ricky Hatton (800,000 buys) and Oscar de la Hoya (1.25 million buys).
ANC added that Pacquiao reportedly earned $17 million against Cotto, $15 million against Hatton and $20 million against de la Hoya.
Pacquiao defeated Cotto via a 12th round technical knockout (TKO) last November, Hatton by a 2nd round knockout last May, and de la Hoya via an 8th round TKO in December 2008. – With reports from ESPN.com and ANC