Canelo-Golovkin 2 sells 1.1 Million in PPV
By Hector Franco | Senior Writer and Editor
Published: September 25, 2018
The rematch between Saul “Canelo” Alvarez and Gennady “GGG” Golovkin was a massive success despite selling less in pay-per-view numbers than the first bout. The rematch priced at $84.95, not including the added high definition feature sold 1.1 million in pay-per-view (PPV). The sales for the first bout was slightly higher at 1.3 million PPV sales, however, because of the higher cost of the PPV the rematch will likely have generated more revenue overall.
The Canelo-Golovkin sequel was able to produce over 23 million in ticket sales falling just behind the 27 million sold in the first bout in 2017. The gate of over 23 million still makes the event the fourth largest grossing boxing bout in the state of Nevada. Lead promoter Golden Boy Promotions has also stated that the rematch will have generated more revenue in other avenues such as streaming services, movie theaters, and closed circuit sales.
This will mark Alvarez’s fourth PPV event to have sold over 1 million in PPV sales. Both of Alvarez’s bouts with Golovkin sold over 1 million and his fights with Julio Cesar Chavez Jr. and Floyd Mayweather sold over a million as well. The match with Mayweather, in particular, was colossal selling over 2.2 million in PPV. In 2015 against Puerto Rico’s Miguel Cotto, Alvarez came close to selling another million in PPV falling just shy at about 900,000.
While the rematch may not have matched the first bout in terms of ticket and PPV sales, more importantly, the fight that took place inside the ring was more entertaining. The PPV may end up being the highest grossing bout for any combat sport for 2018 if the upcoming mixed martial arts bout with Conor McGregor this forthcoming October fails to reach a million buys.
The controversial nature of the scoring of the Canelo-Golovkin bouts along with their financial success will likely lead to a third bout being scheduled sometime in the near future. For many fans, a clear winner without any debate was not established in either of the first two bouts. A third match can give fans another great night of boxing and put more money into the two combatants pockets.
(Featured Photo: Getty Images)