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MANILA, Philippines – With the May 2 bout between Floyd “Money” Mayweather and Manny Pacquiao expected to be the biggest fight boxing has seen in years, there are many already anticipating the inflated tickets the fight will cost in the secondary market.
The matchup will be held at the MGM Grand Garden Arena in Las Vegas, Nevada and is expected the be the most lucrative and highest-grossing of all time.
(TIMELINE: The road to Pacquiao-Mayweather)
At least before Mayweather vs. Pacquiao finishes, the most expensive boxing match to ever take place was between Floyd Mayweather and Saul “Canelo” Alvarez in Las Vegas on September 14, 2013 – in which an average price for a secondary ticket was $2,887.69.
That number will be surpassed by Pacquiao vs. Mayweather in 2015, with early expectations pegging prices to go beyond $4,000, per Forbes.com.
Complicating matters for those who want the watch what’s being branded as “The Fight of the Century,” the MGM Grand Hotel is already sold out on the day before and of the fight, which leaves those flying to Las Vegas having to settle for hotels nearby instead, such as the Mandalay Bay.
Forbes.com reports that the MGM Grand Garden Arena may be too small for a duel as big as this one, which puts the amount of tickets available from the site itself at a scarce level.
(RELATED: Pacquiao, Mayweather finally give fans what they want)
Mayweather’s previous bout against Marcos Maidana and Pacquiao’s fights against Timothy Bradley all sold for just about $1,000 in the secondary market.
It took six years of up-and-down negotiations, but Floyd Mayweather, 37, and Manny Pacquiao, 36, will finally get in the ring together. Unfortunately for boxing fans across the world, not many will have the fortune to witness history live.
– Rappler.com
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