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Saturday, March 6, 2010

Pacquiao vs Cotto

Manny Pacquiao's historic 12th-round TKO of Miguel Cotto in Las Vegas on Saturday night did big business.

The Top Rank-promoted fight generated 1.25 million buys and $70 million in domestic pay-per-view revenue, HBO announced Friday. If historical trends hold, the numbers will increase when all of the buys are officially audited.

The 1.25 million buys, the most for a boxing pay-per-view this year, came from 650,000 from cable homes and 600,000 from satellite services.

Cotto, who is from Puerto Rico, helped drive the fight at the MGM Grand Garden Arena to an all-time record for buys on the island with 110,000 units sold.

Combined with the approximately 1.05 million buys generated by Floyd Mayweather's dominant decision victory against Juan Manuel Marquez on Sept. 19, it was the first time since 1999 -- when Felix Trinidad claimed a decision against Oscar De La Hoya in a welterweight unification fight and Lennox Lewis and Evander Holyfield fought to a highly controversial draw for the undisputed heavyweight championship -- that two pay-per-view fights have generated at least 1 million buys in the same calendar year.