MAYWEATHER Inks Record-Breaking Deal With Showtime/CBS

Undefeated eight-time world champion Floyd "Money" Mayweather, boxing's pound-for-pound king and the highest paid athlete in the world (Forbes, 2012), has entered into a groundbreaking Pay-Per-View deal with Showtime Networks Inc. and its parent company, CBS Corporation.

Under the new deal, Showtime PPV will collaborate with CBS Corporation to comprehensively promote Mayweather's events on the CBS Television Network and via the corporation's expansive media platforms.

The deal-a unique revenue-sharing arrangement between Showtime PPV and Mayweather-will enable him to fight up to six times over a period of 30 months, with the first mega-event taking place on May 4, 2013, when Mayweather will fight Robert "The Ghost" Guerrero. More details of this upcoming event will be announced shortly.

Mayweather's new deal is by far the biggest in the sport of boxing (specific financial details are contractually confidential). Mayweather is the PPV king and averages over 1 million PPV buys per event, which is the highest PPV buy average of any boxer in history. At this record-setting PPV performance level, if all six fights contemplated by this deal occur, it will be the richest individual athlete deal in all of sports.

PHOTO CREDIT: Hogan Photos

Related Links

Ebony Repertory Theatre Remounts Jeff Stetson's FRATERNITY thru 6/2 May 19, 2013

Fashion Photo of the Day 5/18/13 - Anna Faris by Rachel Stone - May 18, 2013

Martha Lorin and Paul Smith to Reunite at Sterling's Upstairs at the Federal, 5/26 May 18, 2013

60 MINUTES to Feature Michael Jackson's Estate this Sunday May 18, 2013

THE OFFICE Finale is Most Watched Episode Since 2012 May 18, 2013