text: This is where Floyd Mayweather and Manny Pacquiao will wage violent combat on Saturday night. The MGM Grand Garden Arena will also be the place where they add untold fortunes to their already significant wealth. As for me, I’m just thrilled that I will be sitting at ringside. On the safe side of the ropes rather than inside with either of the two greatest fighters on the planet. Sportsmail's Boxing correspondent Jeff Powell sits on the corner of the ring at the MGM Grand . This is the ring in which Floyd Mayweather and Manny Pacquiao will face each other in on May 2 . The fight is expected to earn at least $300million (£195m) with Mayweather receiving $180m (£117) and Pacquiao $120m (£79m). The fight will attract a record amount of revenue from sponsorship, which is expected to add another $13.2million (£8.72m) to the mega-fight. Tecate have paid $5.6million to become the official beer and lead ring mat sponsor of the bout . Top Rank president Todd duBoef told ESPN.com that the five title sponsors for the event will chip in a total of $13.2m, roughly three times the previous highest amount. Although exact records for sponsorship have not been kept, some Mayweather bouts from years gone by have attracted around $4m. According to the report by ESPN, Tecate have paid $5.6m (£3.7m) to become the official beer of the fight and the main ring mat sponsor, beating the $5.2m (£3.44) bid from Corona. Sportsmail's Powell will be ringside for the richest fight in boxing history on Saturday night . Mayweather will put his undefeated record on the line when he faces Pacquiao in this ring . The steps that both fighters will walk up on their way into the ring on May 2 . The MGM Grand is ready to host the richest fight in boxing history as Las Vegas prepares for the fight . Mayweather arrives at MGM Grand in Las Vegas ahead of his $300m fight with Pacquiao . Pacquiao is welcomed to Las Vegas by hundreds of fans at the Mandalay Bay hotel across the strip from the MGM Grand .
target: Floyd Mayweather faces Manny Pacquiao at the MGM Grand Arena in Las Vegas on May 2 .
  16,000 fans will pack into MGM Grand to watch the fight which is worth $300m .
  Both Mayweather and Pacquiao arrived in Las Vegas on Tuesday ahead of the fight .
  WATCH: Jeff Powell on Floyd Mayweather and Manny Pacquiao's arrival in Las Vegas .
  CLICK HERE for all the latest Floyd Mayweather vs Manny Pacquiao news .