According to Dan Rafael of espn.com, Floyd Mayweather will earn a minimum of $32 million for his fight tonight against Robert Guerrero in Las Vegas.
That was the number submitted on his contract that was filed with the Nevada commission.
“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.”
“It speaks to his popularity. He generates that money,” Schaefer said. “Love him or hate him, they watch him. I’m very happy for him. He deserves it.”
“It’s just a great feeling to know that he is the highest-paid athlete in the world,” said Leonard Ellerbe, a Mayweather adviser and the CEO of Mayweather Promotions. “With Floyd being the highest-paid athlete in the sport, he can just continue to bring awareness to boxing and help make it a mainstream sport once again. That’s a lot of money. It’s truly a blessing.
“He was highest-paid athlete last year and guess where he’ll be again this year?