Whenever you see world champion boxer Floyd Mayweather, you will notice a bespectacled man near his side. That man is Leonard Ellerbe. Ellerbe is the CEO of Mayweather Promotions and a close advisor of Mayweather in all of his business ventures. Ellerbe is a native of Washington, DC and has been with Mayweather from the beginning of Mayweather’s rise as a business man. Floyd is said to be the best paid athlete in the world. “You don’t have to take my word for it, just check out Forbes Magazine and you will see just that”, says Ellerbe.
Ellerbe also advises on the boxing decisions of Mayweather along with his partner and power broker in the sport, Al Haymon. Yes, that’s the same Haymon that has put on some of the biggest music concerts in the history of the music business. “Every aspect of Floyd’s business is collaborated with Al and I… I mean EVERY aspect “, Ellerbe explains. As for the decision to fight Canelo Alvarez on September 14 at the MGM Grand in Las Vegas, Ellerbe says, “His name was brought up to Floyd and he said he wants to fight this guy. He is young, strong and undefeated and Floyd has never ducked an opponent. As for the catch weight, they were eager to make this fight with Floyd, because it is easy to figure out where the best pay day for a fighter is. They jumped out there and suggested this catch weight and even the kid, (Alvarez), said it. To me, that is inexperienced management, because as in any negotiations, you never tip your hand. If you put yourself out there, then you have to be held accountable, your feet have to held to the fire.”
The fight will be shown on Showtime PPV and will be the biggest fight of this year, as are all of Mayweather’s fights in the last 5 years. Mayweather’s fights have shattered all pay per view numbers in recent years. Before that, Evander Holyfield had 7 or 8 of the all-time pay per view home buys, but Floyd now, easily has the top numbers all to himself. Boxing people say, no matter who the fighter is, if he keeps fighting he is going to lose. Ellerbe says, “Floyd will stick to his plan of fighting 4 more fights after this one. That plan has been thought out and discussed thoroughly. As for loosing if he keeps fighting, Floyd is head and shoulders better than any fighter on the present land scape. He works hard for every opponent the same way. No other fighter has the skills and works harder that Floyd. I won’t say a fighter can fight forever and not lose, but Floyd will know when he starts to slip and he is not one of these fighters that have to stick around to earn a living. When Floyd hangs up his gloves, he will have 9 figures in the bank. No other fighter in history can say that.” Please subscribe and get to know the movers and shakers from the DMV in the world of boxing.