Boxing: Floyd Mayweather bags biggest deal in boxing history

Floyd “Money” Mayweather Jr. has bagged a deal a new deal that could make him the highest-paid athlete in all of sports this year. The undefeated, eight-time world champion has teamed with
Showtime PPV and CBS Corporation, to promote Floyd Mayweather’s fights on the CBS Television Network and its respective platforms.

According to reps for Showtime and CBS, the companies have struck a unique revenue-sharing deal with Floyd Mayweather, which will allow him to fight six times, over the next 30 months.

Mayweather averages over 1 million pay-per-view buys per event, the most of any boxer in history.

While terms of the deal were not disclosed due to confidentiality agreements, all parties involved said that it was highly lucrative for Floyd Mayweather Jr.

“At this record-setting PPV performance level, if all six fights contemplated by this deal occur, it will be the richest individual athlete deal in all of sports,” a rep for Showtime PPV said in a statement.

The first fight to take place under the new deal will happen on May 4, 2013, when Floyd Mayweather Jr. takes one Robert “The Ghost” Guerrero.