- Super User
- Category: Sports
- Friday, 24 April 2015 19:23
Wooow! Mayweather-Pacquiao tickets sold in seconds, MGM seats will cost at least $11,000...
LAS VEGAS — A little more than a week before the bout, tickets to the Floyd Mayweather Jr.-Manny Pacquiao fight finally went on sale Thursday to the public, and quickly sold out.
According to TMZ, the tickets were sold out a minute after they went on sale to the public, meaning fans will have to go to the secondary market.
The average secondary market price for Mayweather-Pacquiao tickets is almost $11,000 as of Thursday evening.
The ticket sale — announced Wednesday night — comes after the rival camps settled final details on the fight contract and how tickets would be allotted.
A conference call earlier in the day between the rival camps — with CBS head honcho Les Moonves serving as a mediator — resolved the dispute over millions of dollars in tickets, said Pacquiao promoter Bob Arum. The battle held up the sale of the 500 tickets to the general public and the release of thousands of others to ticket brokers and others.
Most of the tickets to the 16,500-seat MGM Grand Garden Arena are controlled by the two fight camps, with the remainder reserved by the MGM for its own customers. They had been unavailable, though, because the two sides were feuding over who got what tickets and where they were located.
At stake were millions of dollars because the tickets could be sold by the two camps to ticket brokers for far more than retail price.
"We worked it out orally this morning," Arum said. "Once the actual contracts are signed with the changes everyone agreed to we can move forward."
Tickets have been an issue since the fight was announced because the MGM's arena is far too small to meet the demand for seats at the megafight. It wasn't until the two fighters met last month at a Los Angeles press conference formally announcing the fight that the price of the tickets was announced at $1,500 to $7,500.
Even that has changed, though, with the floor seats now retailing for $10,000. Two of those seats were listed on the Seatgeek.com website Wednesday for a total of $100,983, including a $15 delivery charge.
Though full details of the public ticket sale weren't announced, there reportedly will be 100 tickets sold in each of five price categories, not including the $10,000 floor seats. The MGM also announced the sale of thousands of closed circuit seats at its various properties at $150 apiece.
On a conference call Wednesday with reporters, Mayweather said he was not involved in the process.
"I don't worry about tickets," Mayweather said. "I worry about the guy in front of me, which is going to be Manny Pacquiao. That's my whole focus."
While the lack of tickets has been an issue, the pay-per-view has been selling — and reportedly very well. Most in boxing believe that the bout will break the record of 2.48 million pay-per-view buys set by Mayweather's 2007 fight with Oscar De La Hoya.