The deadly COVID-19 virus has put a stranglehold on the world. Almost every country across the globe has been affected by the raging pandemic and most industries have been ground to a halt from the international health crisis.
Boxing, of course, has been among the business casualties of the virus. The sport has been dormant through March and will continue to be dead throughout April, May, and likely, June. From there, who knows when things will definitively kick off again? July is optimistic, maybe August-September is more realistic.
Problems After The Boxing Comeback
But, even when the fight game gets up and running, there could be up to 6 to 8 months’ worth of lost money before it. That means many of the people in the boxing community, who are not among the privileged 1% at the top of the food chain, will have either been run out of the industry or forced to pursue other business ventures out of necessity.
Already, many boxing media outlets have shut down or temporarily shuttered up due to the lack of boxing content. Some promoters, managers, and fighters could be forced to also shut down.
A comeback-minded boxing may find itself considerably less populated and working hard to recapture the public’s interest.
This is where boxing’s two biggest cash cow stars–ever–could play a pivotal role.
Pacquiao and Mayweather To The Rescue
Manny Pacquiao and Floyd Mayweather, making a comeback in the last quarter of this year would do wonders to help pump revenue into a dried-up business and create opportunities for those who’ve been without an income for months.
Pacquiao vs. Conor McGregor, which became a strong rumor earlier in the year and then pretty much died out, could easily be revisited in this time of industry need. Even in the aftermath of the Covid-19 crisis, this fight would be huge. The business it could produce would not only benefit the fighters and their respective teams, but it would help everyone from the networks to all those underneath the main event, right down to the media, which would see increased website traffic while covering the mega-event.
Mayweather, meanwhile, could possibly deliver even a bigger jumpstart to the flat-lining boxing business.
A cross-discipline fight with the UFC’s Khabib Nurmagomedov would be absolutely huge. The two fighters, who both bested McGregor in battle, could deliver a nine-figure revenue surge and, like, Pacquiao-McGregor, help many, many struggling fight game people beneath them.
Mega Cash Infusion
In 2017, the Mayweather-McGregor event generated upwards of $600 million. In 2015, the long-awaited Mayweather-Pacquiao mega-fight also generated in the ballpark of $600 million. It only stands to reason that Pacquiao-McGregor and Mayweather- Nurmagomedov would do similar numbers.
If so, that would mean $1.2 billion injected directly into a stagnant boxing economy.
Granted, much of that money would stay in the fighters’ pockets– especially in the case of Mayweather. But there’s no doubt that plenty would trickle down to everyone else and fight fans would be delivered two true mega-events to help re-capture their attention.
Boxing has given Mayweather and Pacquiao a lot… it would be great if both would give something back to boxing in this time of need.
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