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Mayweather-Pacquiao fight could generate excess revenue of over $400 million : Report

Mayweather-Pacquiao fight could generate excess revenue of over $400 million : Report

Las Vegas (AFP) - Record-shattering revenue totals for Manny Pacquiao's upcoming boxing showdown with unbeaten Floyd Mayweather could surpass $400 million, promoter Bob Arum told ESPN in a report on the sports network's website.

The welterweight title unification fight May 2 in Las Vegas will generate $74 million from just over 15,000 tickets at MGM Grand Garden Arena, Pacquiao promoter Arum told ESPN, flattening the old mark of just over $20 million for Mayweather's 2013 fight with Saul "Canelo" Alvarez in the same venue.

Promoters first aimed for $40 million, then boosted the ticket prices from $1,000 to $1,500 at the low end and $5,000 to $7,500 for the best seats due to huge demand for the ducats, Arum said.

But organizers have now shuffled the number of seats in various price ranges and boosted top seats to $10,000 to raise the live gate total from $50 million to $74 million.

"It's crazy, but it is what it is," Arum told ESPN. "It's amazing."

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