Las Vegas Sun

January 16, 2018

Currently: 54° — Complete forecast

Big fights prove lucrative for Nevada Athletic Commission


Steve Marcus

Floyd Mayweather Jr., right, connects on WBA super welterweight champion Miguel Cotto of Puerto Rico during their title fight at the MGM Grand Garden Arena Saturday, May 5, 2012.

The Nevada Athletic Commission, which regulates boxing, said Friday it collected a record $5.3 million in fees and taxes last fiscal year mostly due to high-profile fight cards.

The collections surpassed the previous $4.8 million record set in fiscal year 2007. The most recent fiscal year started July 1, 2011, and ended June 30.

Keith Kizer, executive director of the commission, said the increased revenue was largely due to two fights involving Floyd Mayweather and two featuring Manny Pacquiao. Some Ultimate Fighting Championship cards contributed to the record collection.

The money comes mainly from licensing of boxers and promoters, gate fees and television networks, said Kizer.

Join the Discussion:

Check this out for a full explanation of our conversion to the LiveFyre commenting system and instructions on how to sign up for an account.

Full comments policy