: ‘The patches on my trunks, that’s $30 million’: Floyd Mayweather on his exhibition boxing match with Logan Paul

This post was originally published on this site

Boxing legend Floyd Mayweather Jr. and YouTube personality Logan Paul boxed an eight-round exhibition Sunday night at Hard Rock Stadium in Miami. There were no knockouts and the bout was not scored — no winner was declared.

Mayweather, 44, frustrated the 26-year-old Paul throughout the fight with numerous counter shots. Post-fight punch stats showed Mayweather comfortably ahead on total and power shots.

Even though Mayweather referred to the match as merely “sparring” multiple times during fight week, the payday for both gentlemen will be significant. Mayweather will reportedly earn a $10 million base fee, and 50% of the pay-per-view, and Paul will reportedly get a $250,000 base fee, in addition to 10% of PPV sales.

Showtime did not respond to MarketWatch’s request for comment on those figures.

Mayweather, who is known for being a prudent businessman, told the press after the fight that he made $30 million from the sponsorships on his shorts.

“My trunks alone, just my trunks alone, $30 million. Just with the patches on my trunks, that’s $30 million,” Mayweather said after the fight.

The patches on Mayweather’s shorts included logos from the cryptocurrency EthereumMax, clothing brand Fashionova, and CBD company Smilz. EthereumMax is an ERC-20 token on the ethereum
ETHUSD,
+0.48%

network, according to its website.

When the number of PPV buys for the fight come out in the coming days, we’ll have a better idea at exactly how much each fighter made.

“He’s better than I thought he was,” Mayweather said of Paul just minutes after the fight ended. “I was surprised by him tonight. Good work. Good little guy.”

Paul seemed excited that he was able to go all eight rounds against Mayweather.

“Shoot, man, I don’t want anyone to tell me anything is impossible ever again,” Paul said. “To get in here with one of the greatest boxers of all time proves that the odds could be beat.

Mayweather was amused after the fight that he was able to make as much money as he did for what he deemed a sparring session.

“When it comes to legalized bank robbery, I’m the best.”