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Mayweather-Pacquiao tickets sell out in less than a minute

 Floyd Mayweather-Manny Pacquiao tickets sold out in less than a minute on Thursday afternoon.
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Tickets for welterweight world unification bout between Floyd Mayweather and Manny Pacquiao went on sale at 3 p.m. ET on Thursday and sold out in less than a minute.

The starting retail price for the fight is $1,500, but only a limited amount were sold at that price. Promoters have said that most of the 16,800 seats at the MGM Grand Garden Arena in Las Vegas will cost spectators between $1,500 and $7,500 per ticket.

Television viewers can purchase the fight via pay-per-view at a cost of $99. MGM also will sell thousands of closed circuit seats at its different venues in Las Vegas for $150 apiece.

The bout is expected to be the richest in boxing history, and both fighters are expected to make well over $100 million, with 60% of the purse going to Mayweather and Pacquiao taking home the other 40%.

The May 2 fight was made official on Wednesday after officials from Top Rank Boxing, Mayweather Promotions and the MGM Grand came to an agreement, which solved issues such as a dispute over millions of dollars in tickets.

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The MGM Grand Garden Arena will be filled mostly by spectators from the Mayweather and Pacquiao camps, celebrities and anyone that can pay upwards of $10,000 for premium floor seats. The remaining tickets will be sold to MGM customers.

"I don't worry about tickets," Mayweather said. "I worry about the guy in front of me, which is going to be Manny Pacquiao. That's my whole focus."

WBC and WBA welterweight champion Mayweather (47-0, 26 KOs), an 11-time world champion, and Pacquiao (57-5-2, 38 KOs) agreed to the fight in February after years of speculation over whether the fighters would ever meet. 

- Scooby Axson