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Mayweather signs big deal

Sport
TORONTO — Eight-time world boxing champion Floyd Mayweather has left HBO in favour of a 30-month, six-fight deal with Showtime and its parent company CBS in what is being called the richest pact in boxing history.

TORONTO — Eight-time world boxing champion Floyd Mayweather has left HBO in favour of a 30-month, six-fight deal with Showtime and its parent company CBS in what is being called the richest pact in boxing history.

— Reuters

Financial terms of the deal between the undefeated boxer and Showtime/CBS announced on Tuesday in a statement by Mayweather Promotions were not disclosed.

In making the announcement, Mayweather also confirmed a May 4 fight with Robert Guerrero which will mark the fighter’s Showtime debut. Widely recognised as boxing’s top pound-for-pound fighter, Mayweather (43-0, 26 KOs) has been a part of boxing’s four biggest non-heavyweight pay-per-view events.

The 35-year-old fighter was listed as the highest paid athlete in 2012 by Forbes after earning $85 million from two fights against Victor Ortiz and Miguel Cotto.

Filipino southpaw Manny Pacquiao ranked second with earnings of $62 million.

According to the statement, Mayweather averages more than 1 million pay-per-view buys per event, the highest of any boxer, and if all six fights take place, it could result in the richest individual athlete deal in all sports.