With the fight accelerating upon us, and the hype increasing exponentially with every social media post, Conor McGregor and Floyd Mayweather are set for a massive night. This fight is labeled the “money fight” for good reason; there is a possible billion dollars that will be distributed among the involved parties. However, ticket prices have excluded many boxing purest from attending the party.
The cheapest price found on StubHub, a ticket purchasing service, for fight night is around $ 1,600; I hope these high-altitude seats include tissues to help contain all the nosebleeds. Even more astonishing is $400 charge to attend watch parties. The most expensive seats cost around $24,000. You could buy a new 2017 Toyota Prius that gets around 55 mpg; but then again, those spending nearly a quarter of a $100,000, for half-an-hour’s worth of entertainment, are probably arriving in private jets.
Ticket sales have topped $60million already, which is $12million below the final sales for the Floyd Mayweather vs. Manny Pacquiao fight. Many loyal boxing fans were unable to attend due to being priced out. The same is true with the Conor vs. Floyd fight. But why do some boxing legends declare this fight as a horrible thing?
Bob Arum is a boxing promoter that has worked with some of the greats, including Muhammad Ali. The sport of boxing soared to new heights with Muhammad Ali in front of the lens. Ali was known as a charismatic trash talker that would entertain people inside and outside of the ring. Earlier this year, before the finalizing of Conor vs. Floyd, Bob Arum publicly bashed the idea of the “money fight.” Oscar De La Hoya hasn’t been shy about his feelings either.
Oscar De La Hoya is a boxing legend. As a fighter, he won 10 world titles in six different weight classes. De La Hoya was also a huge pay-per-view draw before he passed the torch to Floyd and Manny Pacquiao. But Oscar is completely against this fight. He has been quoted saying Floyd vs. Conor is bad for boxing. However, that just isn’t the case.
The Biggest Letdown
Floyd Mayweather vs. Manny Pacquiao was one of the most anticipated fights in boxing. It brought two of the best fighters in an era to battle it out; fans spent a record-breaking amount of money to see who would reign supreme. The result was a snooze fest that failed to live up to standards. I would argue that disappointment of the fight between boxing’s two best did more to hurt the sport than Conor’s debut ever could.
The truth is that these hyped fights bring a lot of eyes to the boxing ring. Many watching on fight night would otherwise be enjoying something else. It is true that many loyal fans are being priced out, but we shouldn’t be against simple economics. The demand for the Conor vs. Floyd fight is high, but the seat supply is low. When limiting the amount of money allowed to be made, we lose the incentives that create super entertaining events like Floyd Mayweather vs. Conor McGregor. This fight is great publicity for boxing.