Floyd Mayweather Will Make a Minimum $32 Million Tonight

By on May 5, 2012 in ArticlesEntertainment

When Floyd Mayweather steps into the ring to fight Miguel Cotto tonight he will have already banked a cool $32 million! $32 million breaks the record for the highest guaranteed purse in boxing history by $2 million. The previous purse record belongs to Mike Tyson who was earned $30 million to fight Evander Holyfield in 1997. Mayweather will end up earning even more money since he owns a cut of the pay per view sales. His previous fight against Victor Ortiz generated $78.44 million worth of pay per view sales and upped Mayweather's earnings to over $40 million. Experts expect a similar outcome with tonight's match up.

Floyd Mayweather Jr.

Ethan Miller/Getty Images

Mayweather's opponent Miguel Cotto will earn $8 million. On the under card, Saul Alvarez will earn $1.2 million and Sugar Shane Mosely will earn just $650,000. Jessie Vargas will earn $125,000 to fight Steve Forbes who will earn $40,000. Deandre Latimore will make $55,000 to fight Carlos Quintana who will make $23,000.

When Tyson fought Holyfield in 1997, they set the record for the highest combined purse ever which still stands today. Holyfield earned $11 million which brought the purse total to $41 million. Tonight's fight purse total is just a million shy of that at $40 million.

Michael Buffer is also cashing in big tonight when he earns his standard $5 million fee for announcing "Let's Get Ready to Rumble!".

How much does Michael Buffer make?

Michael Buffer Salary

So will you be ordering tonight's fight? Who will you be rooting for? Do you think anyone will ever dethrone Floyd Mayweather as boxing's pound for pound and dollar for dollar champion?

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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