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Floyd Mayweather Jr. sets record

Updated: May 5, 2012, 8:45 AM ET
By Dan Rafael | ESPN.com

LAS VEGAS -- Floyd Mayweather Jr., known as "Money," is in the money yet again with the largest contract guarantee for one fight in boxing history.

Mayweather -- the cover subject of the new "Money issue" of ESPN the Magazine -- will earn at least $32 million for his junior middleweight title challenge against Miguel Cotto on Saturday night (HBO PPV, 9 ET, $59.95) at the MGM Grand Garden Arena.

The $32 million figure is on Mayweather's bout agreement, which was filed with the ...

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