Floyd Mayweather Has Been Caught Blatantly Lying About Money

Boxing veteran Floyd “Money” Mayweather has been caught out in a pretty substantial lie, having stated that he and UFC lightweight champion Conor McGregor had made about $80 million from ticket sales for their super fight, breaking the record for the largest live gate. Fans and pundits alike were amazed at the statement, but unfortunately, it wasn’t actually true.

What McGregor and Mayweather achieved instead is still a pretty amazing gate, all told, but actually, it’s the second largest of all time, with Mayweather’s 2015 bout against Manny Pacquiao taking in over $72 million from ticket sales. It turns out Mayweather’s initial $80 million statement was off by a pretty large amount.

Photo: CDX

The fight had been promoted as the “Fight of the Century” and the biggest boxing event of all time, but apparently, the official gate was only $55,414,865.79, as confirmed by the Nevada State Athletic Commission.

Mayweather still told reporters at the post fight press conference for the super fight that it was the biggest live gate of all time.

Photo: SoftLayer

“We did break the record tonight for the biggest gate. Me and Pacquiao done $72 million, I think we did somewhere over $80 million for the live gate,” Mayweather said.

Realists were quick to call out the figures Mayweather had given, as the event was not even close to being sold out. Tickets ranged in price from $500 to $10,000, with 13,231 people attending, with 137 of those people receiving free tickets. The T-Mobile Arena in Las Vegas is able to fit a total of 17,698, so the arena was only about three quarters full.

Mayweather Promotions CEO Leonard Ellerbe also said that the ticket sales were above $60 million.

“I’m actually tired of hearing that question because right now we have over $60 million in the box office,” Ellerbe said following the fight. “Now, you tell me what part of that that remotely looks like ticket sales are slow.”

Photo: Complex

While the final gate numbers may be a little softer than first expected, both Mayweather and McGregor have walked home with a huge chunk of cash in their wallets, with pay-per-view sales expected to be over the 4.6 million record set when Mayweather faced off with Manny Pacquiao.