Canelo-Golovkin Becomes a Major PPV Success
Published: September 27, 2017
LAS VEGAS, NV – The drums are now louder than ever for a rematch between Saul “Canelo” Alvarez (49-1-2, 34 KOs) and Gennady “GGG” Golovkin (37-0-1, 33 KOs). Earlier today the L.A. Times reported that the Canelo-Golovkin event sold 1.3 million in PPV (pay-per-view) buys. Canelo-Golovkin surpassed Canelo’s fights with Miguel Cotto and Julio Cesar Chavez Jr. making it the highest selling world championship-boxing match since Mayweather-Pacquaio in 2015. Notwithstanding, the recent fight between Floyd Mayweather and Mixed Martial Arts star Conor McGregor reportedly sold 4.4 million in PPV buys.
The 1.3 million PPV buys puts Canelo-Golovkin just outside the top ten of the highest selling PPV boxing events of all time. However, at the box office, the event was even more successful selling over $27 million at the live gate from ticket sales. As a live gate, Canelo-Golovkin is the third largest live gate in boxing history only behind Mayweather-Pacquiao and Mayweather-McGregor.
Talks of negotiations for a rematch are currently taking place. A Canelo-Golovkin rematch is a fight that is already in high demand among fans and pundits alike due to the controversial nature of the scoring and the action the fight provided. Now that that Canelo-Golovkin is officially a bonafide financial success, the promoters and networks should be fully onboard and committed to making the rematch happen.
Alvarez can now be called the biggest star in the sport with Mayweather bowing out and retiring. The fight with Golovkin is Alvarez’s second highest selling PPV only behind his bout with Mayweather in 2013 that sold 2.2 million in PPV buys. Alvarez’s promoter Oscar De La Hoya when speaking with ESPN feels that the sky is the limit for the young Mexican.
The world now waits for the announcement of Canelo-Golovkin II.
(Feature Photo: Kelly Owen/Frontproof Media)