Friday, February 20, 2015

The MGM Grand sold out the Mayweather-Pacquiao fight in 15 minutes

Boxing’s mega-bout between Floyd Mayweather and Manny Pacquiao is guaranteed to spark a mass influx of humanity into Las Vegas on the weekend of May 2 – but boxing fans can forget about getting a room at the epicenter of fight week.

The MGM Grand, which will host the long-awaited contest between boxing’s two biggest names, appeared to have completely sold out within 15 minutes of the match-up being announced by Mayweather on the social media site Shots on Friday afternoon.

In recent days, as speculation that the two men would finally meet in the ring after more than five years of frustration and contractual wrangling, room rates for the MGM continued to rise, on what is already one of the most popular holiday weekend’s of the year.

On Thursday, when it appeared Mayweather was poised to make the announcement before keeping fans on tenterhooks for one day longer, prices climbed as high as $615 per night for May 1 and 2.

Even though the arena’s capacity can reach only around 17,000 – depending on any reconfiguration to try to accommodate more ticket holders – thousands of revelers are expected to flood into Sin City to take part in the associated festivities and watch on one of several closed circuits viewings at various casinos.

But, if early indications are anything to go by, nothing associated with this fight will come cheap.

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