AS expected, Manny Pacquiao’s welterweight title fight against Jessie Vargas almost two weeks ago didn’t do well in terms of pay-per-view buys.
According to promoter Bob Arum of Top Rank, the November 5 bout (Nov. 6 in Manila) for the World Boxing Organization (WBO) 147-lbs title belt generated just ‘a little over 300,000’ PPVs.
Although Arum told RingTV.com the numbers are ‘still coming,’ most likely, it is safe to say the final PPV figures won’t get over the 400,000 mark.
“A little over 300 (thousand). The numbers are what the numbers are,” said Arum.
The PPV buys were even lower than what the Filipino boxing legend generated in his third meeting with Timothy Bradley last April, which Pacquiao initially said served as his farewell bout.
The 12-round match won by the Pacman via a unanimous decision earned 400,000 pay-per-views.
The numbers obviously paled in comparison to the record 4.6 PPV buys when Pacquiao fought Floyd Mayweather Jr. last year in the most lucrative fight ever in boxing history.
Mayweather, who was at ringside during the Pacquiao-Vargas showdown, earned more than $200 million in beating his Filipino rival via unanimous decision. The Pacman meanwhile, received $140 million.
It was also lower than the 400,000 PPV buys Mayweather got in his 'farewell fight' against Andre Berto.
But since the fight card was not televised by HBO or Showtime and was produced independently by Arum's outfit, the numbers were enough to please the veteran match-maker.
“I think it’s a good number,” Arum, 84, said. “We’re pleased with it in the way we set it up. Everybody made a payday.
Under the terms of the contract, a part of Pacquiao’s purse will come from a share of the percentage on the total proceeds of the fight card, PPVs included.
But the 37-year-old southpaw is already reportedly guaranteed a purse of $4 million. Vargas, 27, received $2.8 million by losing a 12-round unanimous decision at the Thomas and Mack Center in Las Vegas.
“You can’t expect in this environment to hit a home run every time … as long as you get a single or a double, fighters are happy with that,” said Arum.