The long-awaited Floyd “Money” Mayweather vs Manny Pacquiao
match will take place at the MGM Grand Casino in Las Vegas on May 2 at
6am local time. Touted as the fight of the century, the media hype
surrounding this fight is astounding.
First there’s the $250-300 million (Sh28 billion) pay for both parties involved and the bragging rights of a lifetime.
Then
there’s the mind-boggling billions that betting services will make.
Hollywood superstars are all lining up behind their favourite man and
putting their money where their mouth is.
With a $250,000 (Sh23 million) bet, Mark Wahlberg is backing Pacquiao while Diddy has thrown his weight behind Mayweather.
Yet
that pales in comparison to the $1.6m (Sh160 million) that 50 Cent is
planning to bet. Other celebrities who have weighed in on the match are
Jamie Fox, Adriana Lima, Michael Strahan, Charles Barkley, Shaquille
O’Neal, Liev Schreiber, Bill Maher and Khloe Kardashian.
The
fight is big, not just because it involves the finest boxers of our
time, but because the pair have transcended the ring through their
long-standing love affair with showbiz.
Pacquiao
is a retired singer who has featured in various movies and TV shows
while Mayweather has made his ring walk a spectacle to behold.
Accompanied
by the likes of 50 Cent, Justine Beiber, live performances by Lil
Wayne, even being received by Warren Buffet, the guy sure knows how to
make a grand entry. Theirs is a perfect example of how sports can
leverage the showbiz industry to boost its status.
Long-standing topic of discussion
The
press conference that broke the news of this fight was a fully fledged,
Hollywood-style red carpet event, never before seen in boxing.
Since
then, the airwaves have been flooded with content surrounding the bout.
It had been the topic of discussion from as far back as 2009, and at
some point, all hope was lost until Pac and ‘Money’ met for the first
time during a Miami Heat game in January this year.
For
about five years, the companies representing the two fighters had
failed to reach a consensus, denying boxing fans around the world the
fight of a lifetime. However, after the face-to-face meeting, the pair
took matters into their own hands, arm-twisting their respective teams
to make it happen.
Showtime and HBO
are the moneybags behind this event, as the leading Pay-per-view TV
providers in America. Across America, audiences will pay $100 (Sh9,400)
to view the fight, with sales estimated at $3 million (Sh283 million).
Their promotional documentaries on the two fighters have already racked up a collective five million views on YouTube.
Even
before a single punch has been thrown, the two boxers are holding
star-studded training sessions, with cameras following their every move.
While Pacquiao has opted for an open-door approach, Floyd has
restricted access to his gym, allowing only his inner circle and
selected celebrities like David Hasselhof and rap star Lil Kim.
Media personalities have also been lining up for interviews for a story that has been covered every which way.
As
far as personalities go, the two contenders are absolute stark
opposites. Floyd “Money” Mayweather is all about the dollar bill and
hanging out with celebrities. According to Forbes magazine, Mayweather
is the highest paid athlete, grossing $105 million last year. His
cheques come from the huge pay-per-view TV revenues that his fights
attract.
His September 2013 fight
against Canelo Alvarez set the record for the highest pay-per-view gross
($150 million), live gate ($20 million) and total revenue (roughly $200
million). The Canelo fight marked the second bout in the blockbuster
30-month, six fights contract he signed with ShowTime in 2013.
On
May 2, Mayweather is set to make $120 million (Sh11 billion) while
Pacquiao will take home $80 million (Sh7.5 billion) as per the 60/40
revenue split agreement. The revenues are pre-negotiated and will hit
the bank regardless of how the fight goes. With this kind of earning
potential, it is puzzling why our local sports industry fights over
peanuts when they can work together for billions.
Mayweather
has also leveraged his brand through his merchandising outfit, The
Money Team (TMT) a lifestyle brand that includes T-shirts, hoodies, and
just about anything you can think of. The Money Team logo has been seen
on the likes of Lil Kim, P-Real, and even Warren buffet.
True
to character, Mayweather never misses an opportunity to flaunt his
wealth: taking pictures with stacks of money or standing next to his
array of toys which include a private jet and a fleet of super cars.
From Bugatti Veron to Ferrari Enzo, his garage has toys worth well over
$50 million (Sh4.7 billion).
In
contrast, Pacquiao is down to earth, choosing instead to flaunt his
family and faith. Deviating from the traditional pre-match trash talk
popularised by Mohammad Ali, the Pac Man is laid back and modest.
Speed and power
However,
in the ring his powerful left hook is anything but modest. Known for
his speed and power, the Pac man has 38 knockouts under his belt, 57
wins, five losses and two draws.
Though
Pac has won more matches, Mayweather’s unbeaten record of 47-0 has been
a source of his bravado, and many will be tuning in to see if the Pac
Man can shatter that record. Pacquiao is outspoken about his faith,
always throwing in mini sermons in his interviews.
He
is also big on serving his community; at the age of 32, he was elected
to the Philippine House of representatives, a post he still holds.
His passion is to pass legislation that will enhance the growth of sports in his home country of Philippines.
On
the money front, the Pac Man is ranked number 11 by Forbes; he
earned, $41.8 million in 2014. Although he has a Hollywood home and a
Ferrari or two, he is known for his philanthropy, and flying in
planeloads of people from Philippines to his fights because he doesn’t
want to feel lonely. The pound-for-pound boxer has recorded a special
song for his ring walk.
I doubt he will win a Grammy, but the guy sure can hold a note.
“Lalaban
ako Para Sa Filipino” means “I fight for the Filipino people”. The
single’s music video plays out the story of his life; a poor kid from
Philippines who grew up to become a boxing legend.
Legendary boxing trainer Freddie Roach has trained Pacquiao at his Wild Card Boxing Club in Los Angeles from the get go.
Freddie
is a six-time winner of the Trainer of the Year Award by the Boxing
Writers’ Association of America. The two share a bond that transcends
the ring, with Pacquiao looking up to Freddie as more of a father figure
than a coach.
Though they differ
in their fundamental philosophy, these two legends have proved that one
can transcend the confines of sports and inspire a whole new generation
to dream.
As we struggle with our
Kenyan reality where sports are side hustles, it is dumbfounding just
how much untapped potential walk our streets. Just imagine the
multiplier effect that a vibrant sport sector would have on the economy.
Though showbiz is an unlikely bedfellow, a clever partnership between the two might just do the trick.
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