Is boxing dead, near-dead, or OK?

You'll hear, if you're affiliated with the sweet science, the assertion that "boxing is dead." It oftentimes comes from someone older, 40, 50, 60, who is comparing it to periods like the Ali or Tyson eras. My response is usually something along the lines of, 'Well, if Floyd Mayweather fought Manny Pacquiao, some 2.5 million purchases will be made of the event on pay-per-view, and some quarter billion dollars of revenue would be generated by that fight...so if that's dead, then I'd like to see how the sport does "alive."'

Here are some stats you can throw out there if you need to defend the sport, and convince someone that there is some life in the old girl yet. HBO sent out this release, touting the numbers that the May 5 Mayweather-Cotto fight did.

May 11, 2012 – NEW YORK -- HBO Sports® reported today that 1.5 million pay-per-view buys were generated from the May 5 super welterweight title fight between Floyd Mayweather and Miguel Cotto at the MGM Grand Garden Arena in Las Vegas. The fight was promoted by Mayweather Promotions and Golden Boy Promotions.

The 1.5 million buy total generated $94 million in pay-per-view revenue.

The performance of Mayweather-Cotto ranks as the second highest grossing non-heavyweight pay-per-view event in boxing history. No. 1 all-time is Mayweather’s record-setting showdown with Oscar de la Hoya ($137 million) in 2007.

Mayweather owns a perfect 43-0 record as a professional prizefighter.

Mayweather vs. Cotto along with the co-feature of Alvarez vs. Mosley will replay exclusively on HBO Saturday, May 12 at 10:15 p.m. ET/ PT.

Not too shabby for a corpse, eh?