Tuesday, Feb. 19, 2013 | 10:40 a.m.
Representatives for boxer Floyd Mayweather Jr. announced Tuesday the undefeated fighter will be back in the ring May 4 against Robert Guerrero, returning to competition for just the third time in three years.
His frequency of bouts, however, will double in the next three years.
The announcement also included news that Las Vegas resident Mayweather agreed to a six-fight deal with Showtime and parent company CBS, agreeing to fight on Showtime pay-per-view six times in the next 30 months.
Mayweather, who reportedly makes more than $40 million per fight, will also see that figure spike in the agreement with Showtime. Mayweather and Showtime will share proceeds of the pay-per-view with a revenue-sharing arrangement, the announcement states. Mayweather's fights previously aired on Showtime rival HBO.
The announcement didn’t release particulars of the deal or how much the 35-year-old Mayweather will be paid.
Here’s part of the statement from Mayweather Promotions: “Mayweather’s new deal is by far the biggest in the sport of boxing (specific financial details are contractually confidential). Mayweather is the PPV king and averages over 1 million PPV buys per event, which is the highest PPV buy average of any boxer in history. At this record-setting PPV performance level, if all six fights contemplated by this deal occur, it will be the richest individual athlete deal in all of sports.”
Details for the Guerrero fight, including venue, will be released “shortly.” Mayweather (43-0) hasn’t fought since last May when he took a unanimous decision against Miguel Cotto. In September 2011, he scored a fourth-round knockout victory against Victor Ortiz to win the WBC welterweight title — one of his eight career championships.
Mayweather hasn't issued a statement.