Mayweather vs Cotto 2012
Image Credit: HBO.com
Floyd Mayweather Jr. will get the largest guaranteed paycheck in boxing history after his bout versus Miguel Cotto on Saturday night, May 5 at the MGM Grand Garden in Las Vegas, Nevada.
Mayweather, according to the Nevada Athletic Commission, will receive a guaranteed $32 million check after his World Boxing Association super welterweight championship against Cotto. Cotto has a guaranteed fight purse of $8 million.
Reports say that Mayweather is set to receive even more money from his share of the pay-per-view. Mayweather, during an interview on Tuesday, approximates his pay-per-view income to be over $100 million.
Cotto is trying to be the first boxer to win against the undefeated Mayweather who now has a 42-0 record.
The guaranteed purse for Mayweather has surpassed the $30 million guarantee given to Mike Tyson in 1997 during his bout with Evander Holyfield. However, the combined guaranteed check for the Mayweather vs Cotto fight is less than the Tyson vs Holyfield bout.
Other reports say that this could easily be the largest guaranteed paycheck in the world.