Mayweather vs. Cotto Purse: Breakdown of Payouts for Both Fighters

Patrick Clarke@@_Pat_ClarkeCorrespondent IMay 6, 2012

LAS VEGAS, NV - MAY 05:  Floyd Mayweather Jr. celebrates after defeating Miguel Cotto by unanimous decision during their WBA super welterweight title fight at the MGM Grand Garden Arena on May 5, 2012 in Las Vegas, Nevada.  (Photo by Al Bello/Getty Images)
Al Bello/Getty Images

Though Floyd Mayweather Jr. (43-0, 26 KOs) was crowned the winner over Miguel Cotto (37-3, 30 KOs) inside the ring on Saturday night in Las Vegas, Nevada, both men will walk away winners in today's tough economy.

Money Mayweather's payout alone made Saturday night's title bout one of the more extravagant purses in recent memory. The undefeated five-division champion agreed to a record guaranteed amount of $32 million, win, lose or draw.

If the pay-per-view sales reach their expected total, the Cinco de Mayo Classic will likely finish in the top five of all time in the pay-per-view ranks.

The total guaranteed purse of Mayweather-Cotto ($40 million) fell short of the Nevada record purse ($41 million), which belongs to the June 1997 bout between Mike Tyson and Evander Holyfield, according to The Los Angeles Times

The pay-per-view package cost $59.95 for standard definition and $69.95 for hi-def, so it's no surprise that the money adds up quick for the main event boxers.

Floyd Mayweather's Payout

Floyd Mayweather brought home more than just another title belt Saturday night.
Floyd Mayweather brought home more than just another title belt Saturday night.Ethan Miller/Getty Images

Pretty Boy Floyd agreed to a guaranteed sum of $32 million before the fight, which was already a record payday for any one fight in the history of the sport.

After pay-per-view purchases are totaled though, Mayweather's booty could reach an estimated $40 million, according to The Washington Times

Mayweather made $40 million off his September fight against Victor Ortiz, so this purse will hardly impress the one they call Money.

Miguel Cotto's Payout

Miguel Cotto's cuts and bumps are a small price to pay for the chunk of cash he reeled in for fighting undefeated Floyd Mayweather.
Miguel Cotto's cuts and bumps are a small price to pay for the chunk of cash he reeled in for fighting undefeated Floyd Mayweather.Ethan Miller/Getty Images

There's no need to feel sorry for Puerto Rican boxer Miguel Cotto after his loss to Mayweather Saturday night, especially considering that the 31-year-old will walk away with a guaranteed $8 million, which could potentially increase to $10 million once pay-per-view sales are factored in, according to The Washington Times.

For Cotto, this is an exceptional amount of money and likely the most he will ever see come from a single fight. 

Follow Patrick Clarke on Twitter for more on boxing

Follow _Pat_Clarke on Twitter

Related

    Canelo Alvarez Would Open To The Idea of Fighting in The UK

    Boxing logo
    Boxing

    Canelo Alvarez Would Open To The Idea of Fighting in The UK

    BoxingScene.com
    via BoxingScene.com

    Canelo Not Ruling Out Future Fight at 175, Facing Kovalev

    Boxing logo
    Boxing

    Canelo Not Ruling Out Future Fight at 175, Facing Kovalev

    BoxingScene.com
    via BoxingScene.com

    Nietes-Palicte Rematch Heading to 2/28 WBO Purse Bid Hearing

    Boxing logo
    Boxing

    Nietes-Palicte Rematch Heading to 2/28 WBO Purse Bid Hearing

    BoxingScene.com
    via BoxingScene.com

    Photos: Anthony Dirrell, Avni Yildirim - Set For WBC Title Clash

    Boxing logo
    Boxing

    Photos: Anthony Dirrell, Avni Yildirim - Set For WBC Title Clash

    BoxingScene.com
    via BoxingScene.com