As you probably have already heard, Saturday’s PPV fight between Roy Jones Jr. and Bernard Hopkins was not a live success in Las Vegas. Almost anybody could have predicted that would be the case. Dan Rafael of ESPN.com said that the attendance was reported as 6,792, and that that wasn’t paid in full:
The media coverage and fan reaction were overwhelmingly negative, and only 6,792 people showed up at Mandalay Bay to watch the fight, despite the availability of deeply discounted or even free tickets.
Yahoo! Sports columnist Kevin Iole also broke down the financial situation for the fighters:
The sad thing about the fight is that Jones won’t make anything. Let’s assume for a second that the 6,792 in the building actually paid for their seats (we know that’s not true) and that the seats averaged $300 a ticket (a figure higher than reality). That would mean the gate was $2 million. If the expenses to rent the building and promote the fight were $1 million, that means $1 million is left. Now, let’s figure it sold 100,000 pay-per-views at $49.95 apiece. That’s about $5 million. They have to split 50 percent of that with the cable and satellite operators, so that leaves $2.498 million for themselves. Add the $1 million from the gate and the $2.498 million from the pay-per-view and you have $3.498 million in profit. Given that the contract called for the first $3.5 million in profit to go to Hopkins and Golden Boy, it’s almost certain Jones fought for nothing. Actual revenue will likely be far less than I’ve described above.