The epic fight of Floyd Mayweather vs Conor Mcgregor has been billed as the most lucrative event to happen in the history of combat sport. But is this Floyd Mayweather’s fight next month with Conor McGregor in danger of becoming a complete flop?
Tickets for the Floyd Mayweather’s fight with Conor Mcgregor first went on sale on Monday 24 July in a blaze of publicity, with fans clamouring to snap up the cheapest seats, priced at £390. But after an initial rush, ticket sales have slowed dramatically, with hundreds still available to buy.
That might be because of the astronomical prices set by promoters — the cheapest original tickets on Ticketmaster have a face value of $3,500. Or both Floyd Mayweather and Conor Mcgregor’s fans are just waiting for the right time to buy, hoping the price will go down.
Either way, promoter Leonard Ellerbe isn’t terribly concerned. He says the fight will not only sell out, but break records for the richest gate.
That record gate was a $72,198,500 gate set by Floyd Mayweather in his 2015 fight with Manny Pacquiao. That live gate was more than three times bigger than any previous boxing gate.
Still, five days after tickets first went on sale, seats throughout the arena are widely available. They are not, however, for anyone a little light in the wallet.
There’s fairly little sales going on in general,” said Chris Leyden, a content analyst for SeatGeek.com. “I think a lot of it has to do with where prices are now. I think people are a little uncomfortable paying this much or maybe even more.”
The situation is much the same at StubHub, where demand for tickets is lower than it was at the same time before Mayweather’s fight with Manny Pacquiao two years ago.
“We’re not necessarily seeing demand levels for the fight yet,” said Johnna Hoff, a StubHub spokeswoman. “The encouraging part is people are buying some tickets.”
A UFC spokeswoman did not return calls for comment. Ticketmaster replied to an email by saying it will “decline to comment at this time. So, should the bookmakers be worried ?