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Floyd Mayweather
According to Dan Rafael of espn.com. pound for pound king Floyd Mayweather’s Mayweather Promotions received it’s promotional license in his home state of Nevada on Wednesday.

“We want to get things done the right way and continue to bring big fights to Las Vegas even when my career is over,” Mayweather, who lives in Las Vegas, told the commission. “We can continue to do record-breaking numbers after I’m gone by doing it the right way.”

“We’re very excited as a team. We’ve taken our time and that’s been the most important thing, putting the right pieces in place,” Mayweather Promotions chief executive Leonard Ellerbe told ESPN.com following the hearing. “I have a tremendous staff and we have the necessary pieces in places to be very successful.”

“Timing is everything,” he said. “We’ve been working with Golden Boy for a number of years and gained invaluable experience working hand in hand with them. We’ve taken over a number of different processes and been hands on. Now things are pretty much turn key.”

“This is the best packet I’ve seen put forward in terms of completeness,” commissioner Bill Brady told them. “This application is as good as I’ve seen.”

Added commissioner Pat Lundvall: “This is an excellent application. It demonstrates a respect for the commission.”

Commissioner Skip Avansino called Mayweather and Ellerbe “wonderful role models for the sport.”

Ellerbe said he appreciated the commission’s kind words and approval.

“They’re a very detail-oriented commission and the application you have to give them is very, very detailed,” he said. “They are the best commission in all of boxing. They look at every aspect of your business, from top to bottom. It’s like 20-some pages. We took it seriously. It’s an honor to have a license in the state of Nevada.”

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