Since Las Vegas, Nevada is considered the new Mecca of Boxing, then MGM Grand Hotel & Casino must be its lights.
This Saturday, (May 3) Floyd Mayweather Jr. will put his undefeated boxing record (45-0, 26 KO's) on the line against the 'hard hitting' Marcos 'El Chino' Maidana (35-3, 33 KO's). Mayweather's last bout back in September 2013 against young superstar Canelo Alvarez (which he won by a land slide) generated the most revenue in the history of boxing.
The MGM Grand Arena now holds the record for housing the biggest fight in boxing history. Years ago the only place worth such an achievement would be none other than The Madison Square Garden in NYC. Times have changed a lot since then. In the past, it was the heavyweights who ruled such as Muhammad Ali, Joe Frazier, George Foreman and Ken Norton to name a few. The Garden was the home of all the big fights here in the homeland for many, many decades.
With the freedom to gamble, the famous strip in Las Vegas is where most of the big action and revenue is generated now. During the early to mid-80s, the likes of Sugar Ray Leonard, Thomas Hearns, Roberto Duran and Marvin Hagler are the ones who stirred up attention and shined light on the smaller weight divisions. In the most recent years it was Pernell Whitaker, Julio Cesar Chavez, Tito Trinidad, Shane Mosley and Oscar De La Hoya who carried the torch. All these fighters are now retired.
The two maybe three biggest attractions in boxing now are Floyd Mayweather Jr., Manny Pacquiao and Canelo Alverez. Of course, Mayweather Jr. is the 'cash cow' of the entire sport and everybody wants a crack at him, if not just to beat him, then for the huge lottery payout that goes along with fighting him.
Maidana edged out Amir Khan in the bid to face Mayweather this time around; however, Khan will be featured in the co-main event this weekend against Luis Collazo. Adrien Broner vs. Carlos Molina will also appear on this fight card and J’Leon Love vs. Marco Periban. This is a solid undercard put on before the main event to get the evening started. It will be aired on Showtime PPV Boxing.
IT MUST BE THE MONEY
What makes Las Vegas so unique is the variety of different venues to house a fight. The most popular being MGM Grand, Mandalay Bay, Caesars Palace and the Thomas & Mack Center. All of these spots are known for hosting big fights. At MGM Grand the rumors are already out there that Mayweather will be guaranteed a minimum purse of $32-$40 Million, not counting his share of the PPV buys.
If you've ever been to a Floyd Mayweather Jr. event at MGM Grand, one thing that's apparent is his presence from the time you enter the front door all the way to the arena. The feeling there can easily be compared to something on the lines of visiting a King Tut exhibit in a museum. [Think Smithsonian]
The lobby and walls are decked out with all of his accolades: belts, photos, fight attire, gloves, shoes etc. There is also the voice of a narrator in the background telling the story of Mayweather's life and his accomplishments in boxing that can be heard throughout the casino.
MGM Grand Hotel & Casino has become Mayweather's second home and without a doubt is where he will continue to make most of his millions. When it comes to discussing the financial boost his events inject into the economy there—the dollar amounts are absolutely staggering.