August’s Las Vegas super fight between Floyd Mayweather and Connor McGregor is the most expensive combat sports event ever according to data released by TicketIQ.
The ticket aggregator said the clash between the undefeated boxing world champion and the current UFC lightweight champion is also among the five most expensive sports event of any kind.
TicketIQ said secondary market tickets are seeing up to a 400 per cent premium on face value, of between $500-$10,000, and currently range from $2,145 to $20,000 (£15,000/€17,000).
After Monday’s on-sale there was an increase of about seven per cent listed on the secondary market, bringing the current total to about 500 listed on the secondary market. The 500 tickets available is just 2.5 per cent of T-Mobile Arena’s 20,000-capacity, so TicketIQ predicted “secondary prices aren’t likely to drop significantly between now and the fight”.
The current average ticket price for the August 26 fight is 31 per cent above Mayweather’s 2015 fight with Manny Pacquiao, at $6,256, with the average price to get in standing at $2,248.
“The unique cross-discipline matchup is creating unprecedented levels of interest, which is making this the most expensive fight event that we have tracked in our eight years of history,” TicketIQ founder Jesse Lawrence told Benzinga.
With experts predicting that pay-per-view targets should at least match the four million-plus buys of the Mayweather-Pacquaio fight, Mayweather could end up making $400m, with McGregor scoring $127m.