The highly anticipated match between Errol Spence Jr. and Terence Crawford was a lavish success. The two best fighters in the welterweight division battled it out vehemently. As Terence ‘Bud’ Crawford emerged victorious against Errol, he went home as the ultimate unified champion in the weight class. He is now undeniably the best fighter in the world, a pound-for-pound number one.
As we still process the excitement that ensued from the matchup, we cannot deny that it was perhaps the biggest fight of the year. Not just in terms of boxing prowess but also in terms of economic gains. It has indeed made its way into the top few matches that made the biggest bucks in boxing history. However, it seems that it failed to occupy the position held by one of the most iconic bouts ever.
Errol Spence Jr. vs. Terence Crawford made big bucks
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It is not a surprise that the big matchup has generated incredible income for the organizers and the fighters. It has, of course, broken records and will pose as the highest-earning matchup this year. However, as it creates history in terms of money, it has fallen short of rising up the ranks of the most iconic fights. According to reports, the fight in which Bud emerged as the unified welterweight champion brought in a whopping $21 million. But the most talked-about fight in the last two years has been the one in which Gervonta Davis defeated Ryan Garcia. And yes, that fight earned more than Errol vs. Terence. It brought in a stellar $22.8 million.
📋 Biggest Las Vegas gates (ticket sales):
1⃣ Mayweather vs Pacquiao – $72.2million
2⃣ Mayweather vs McGregor – $55.4million
3⃣ Canelo vs Golovkin I – $27.1million
4⃣ Canelo vs Golovkin II – $23.5million
5⃣ Davis vs Garcia – $22.8million
6⃣ Spence vs Crawford – $21million
7⃣…— Michael Benson (@MichaelBensonn) August 2, 2023
Further, the matchup that was held on the 29th of July in Las Vegas, Nevada, generated an estimated 700,000 pay-per-view buys. This made the total revenue of the event reach almost $50 million. And yes, in terms of PPV, it did break all records. It has the highest number of buys for a boxing PPV since Floyd Mayweather Jr. vs. Manny Pacquiao in 2015.
In the wake of Bud’s victory, will they have a rematch?
While many have acknowledged the resilience Errol Spence Jr. showed against Bud, who seemed to have taken control of the fight in its early rounds, the former three-time title holder at the welterweight division did not accept defeat and went on to defend his title until it was almost the end of the matchup. However, his defense fell short of the well-timed and strategized blows that Terence sent. As he conceded defeat in the most graceful way possible, it is more than certain that he will want to return for a rematch.
Errol Spence has updated his Instagram bio and already confirmed his move up to super-welterweight: "154 🦈" pic.twitter.com/GAIQeKZwfS
— Michael Benson (@MichaelBensonn) August 1, 2023
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Now, Errol has hinted at a rematch. Speaking about the same, he said, “Hell yeah, we got to do it again.” He added, “I’m going to be a lot better; it’s going to be a lot closer. It’s probably going to be in December because it’s set before the end of the year.” He has further expressed his wishes to have the rematch in the super-welterweight division.
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It was earlier reported that ‘The Truth’ Spence Jr. would move up the weight class to super-welterweight after his big Terence vs. Errol battle. The deal allows the two to invoke the rematch clause within 30 days of the initial bout. However, as it is the privilege of whoever loses to call for a rematch, the winner gets to decide the weight class.