Saturday, October 1, 2011

Pacquiao-Marquez ticket sales: $11.7 M

source: Nick Giongco | The Manila Bulletin

MANILA, Philippines — The Nov. 12 trilogy between Manny Pacquiao and Juan Manuel Marquez has generated sales of around $11.7 million, Hall of Fame promoter Bob Arum told

The $11.7 million ranks ninth among the largest gate in Nevada history, according to Arum, whose Top Rank Inc. is staging the world welterweight title fight at the 16,000-capacity MGM Grand in Las Vegas.

Pacquiao’s landmark Dec. 2008 win over Oscar De La Hoya also ranks high among the biggest sellers at No. 3. The top-seller remains the May 2007 showdown between Floyd Mayweather and De La Hoya with $19 million in sales.

A few days ago, Arum said only a handful of tickets (priced at $900) remain for the Pacquiao-Marquez rubber match, stressing that even Pacquiao is still asking for additional tickets despite his hefty allocation.

“There’s no more tickets to sell. We at Top Rank are out of tickets, Manny is also out of tickets,” said Arum.

Tickets are so in demand that on-line sellers have jacked up the prices to as much as 16 times the original price of the premium $1,200 ticket.

When tickets went on sale in late-July, first to sell out was the $200 seats followed by those priced at $400 and $600.

Under the contract that Pacquiao signed for the fight, he is guaranteed a purse of more than $20 million and a generous share in the pay-per-view and closed-circuit sales.