Pacquiao-De Le Hoya Fight: Is it worth spending?

Sunday, October 5 2008 -- October 3, 2008, Friday

Since Roberto Gonzalez was 12 years old, he was exposed to everything there was to know about boxing. It developed his love for the sport. He looked up at Roberto Duran, Esteban De Jesus and Muhammad Ali. Now at 52, his commitment to watching fighters fight in the boxing ring is indirectly deterred due to economic crises.
Oscar De La Hoya
Oscar De La Hoya
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Gonzalez, a maintenance supervisor at the New York City College of Technology, claimed that he never missed any fights in the past, but this time a $50 worth pay per view fight has become a lot for him.

The upcoming fight between Manny Pacquiao and Oscar De la Hoya may be one of the most awaited battles this year, but people like Gonzalez may just not be willing to order the fight. It may be hard to miss it but given the economic situation most people are left with no other choice.

Boxing is business as usual. The Pacquiao-De La Hoya fight is already sold out to at least 16,000 seats at the MGM Grand Garden. It ultimately generated a sale of $17 million. According to Dan Rafael most of the tickets were already purchased by corporate business and organization. Specialists predicted that this could be the highest-grossing fight in history of boxing with a 1 million pay-per-view buys for the event alone.

For the sake of the many boxing fans, however, the Senate approved a $700 billion plan. It will involve the government to acquire devalued assets and other bad mortgage-related securities to balance the country’s unstable institutions.

Still others are confident that despite economic issues, tickets will still sell out. Similar to Super Bowl events, people gather to watch despite the conditions. The fight between these good and historical fighters is a huge event for people to miss.
 

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