By Luis Sandoval

Pound for pound king Floyd Mayweather and undefeated Mexican champion Saul “Canelo” Alvarez will put on the biggest fight of the year when they clash on September 14th at the MGM Grand in Las Vegas, NV. It is indeed the biggest fight that can currently be made in the sport as the demand for tickets caused the event to sell out in less than 24 hours.

One of the things fans who won’t be attending the fight live have been wondering is how the pay per view will be priced. Given the magnitude of the bout, many expect the price tag to be astronomical but Golden Boy CEO Richard Schaefer brought some good news to the fans.

“You see a lot of people said it’s such a big fight it’s going to be a $80 or $90 pay per view. $100 I even heard but we don't want to do that. We priced the tickets the same way we priced the De La Hoya-Mayweather tickets and for the Pay Per View we are going to go with $64.95” Schaefer would tell BoxingScene, Mike Coppinger and Michael Rosenthal.

Schaefer confirmed the high definition would be $10 more which is customary for all boxing pay per view events.

While most expected a higher price tag, Schaefer explained that this fight and promotion is not about trying to take as much money as they can from the public but rather provide them with what they want.

“I have to tell you the cable systems and satellite operators when we were meeting and discussing with them the price, they were very surprised that we didn't go for a higher price. But this is not about squeezing out every last dime. This is a fight for the masses and for the people and I want people to be able to buy that fight and watch that fight. And those who are not yet boxing fans, will become boxing fans because I have a feeling this is going to be a great fight because Canelo really, really wants and he's going to come to fight” said Schaefer.

For those who still want to make the trip to Las Vegas but can’t attend the sold out fight, closed circuit tickets have already gone on sale for $100 each and Schaefer informed they are selling fast.

You can follow Luis Sandoval on Twitter @Truewest007. You can also tune in to BoxingScene Radio, Boxingscene’s official audio show every Tuesday from 6-8PM PST with hosts Ernest Gabion, Luis Sandoval, and Ryan Burton.