De La Hoya vs. Pacquiao: $3 Million Dollar Penalty in Place

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Last update: 08-30-2008 Read more by Mark Vester

De La Hoya vs. Pacquiao: $3 Million Dollar Penalty in Place

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By Mark Vester

Since the formal announcement of Oscar De La Hoya vs. Manny Pacquiao on December 6 at the MGM Grand in Las Vegas, questions poured in as to the agreed upon restrictions regarding De La Hoya�being able to make�the weight-limit on the day of the weigh-in.

The two fighters agreed to meet at 147-pounds, with Pacquiao moving up twelve-pounds from 135 and De La Hoya moving down by three-pounds, having last fought in May against Steve Forbes at 150. One of the biggest sticking points for Team Pacquiao was to make sure that De La Hoya would make the agreed fight weight.

Initially, Pacquiao�s lawyer Franklin Gacal want a weight related penalty that was under $1 million dollars, but realized the number was way too low when considering how much money was at stake and how much money De La Hoya has.

Gacal revealed to well-known Filipino�scribe Dennis Principe that�De La�Hoya agreed to pay a penalty of $3 million dollars�for every�pound above the welterweight limit. Even if De La Hoya weighs a fraction over�a pound, it would count as a full pound and�he would have to kick in an additional $3 million to Pacquiao. The amount is far larger than the $500,000 per pound penalty placed on Erik Morales for his rematch with Pacquiao.

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on 09-01-2008 by The Gully Gad

[QUOTE=Lady Fan;4011010][FONT="Comic Sans MS"][SIZE="4"][COLOR="Blue"]I heard this when he fought Diaz.[/COLOR][/SIZE][/FONT] :thinking:[/QUOTE] And look what happened to him...

on 09-01-2008 by Foodie One

[QUOTE=Ewreck;4010935]Everyone knows you don/t take the power or speed with you when you move up![/QUOTE] [FONT="Comic Sans MS"][SIZE="4"][COLOR="Blue"]I heard this when he fought Diaz.[/COLOR][/SIZE][/FONT] :thinking:

on 09-01-2008 by The Gully Gad

[QUOTE=Kesslerfan#1;4008323]The Guy Above Me Is An Disrespectful Asshole !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!![/QUOTE] ...

on 09-01-2008 by Foodie One

[QUOTE=BIGPOPPAPUMP;4002353]Since the formal announcement of Oscar De La Hoya vs. Manny Pacquiao on December 6 at the MGM Grand in Las Vegas, questions poured in as to the agreed upon restrictions regarding De La Hoya being able to make the weight-limit on the day of the weigh-in. [[URL=http://ww...

on 09-01-2008 by Ewreck

I have no respect for this fight or De La hoya for even taking this fight but, In his defense Manny and Roach called De La Hoya out. And I know that this is the nature of the sport to look for the biggest pay day, I hope Manny gets the shit beat out of him for thinking he can move up in weight a...