Arum, De La Hoya Trade Words on Pacquiao-Mayweather
By Edward Chaykovsky
The war of words continue. Golden Boy Promotions President Oscar De La Hoya, and Top Rank's CEO Bob Arum, exchanged words over the details related to a Floyd Mayweather Jr.-Manny Pacquiao welterweight fight. De La Hoya wants the fight to take place on May 5th at the MGM Grand in Las Vegas. Arum wants the fight to take place in late-May in an outdoor arena on the Las Vegas strip.
Arum says the stadium will bring in another $30-40 million dollars to the promotion. De La Hoya says the two promoters don't have to be greedy. Arum also wants someone to guarantee Mayweather's purse.
"Floyd Mayweather guarantees his own purses. The 40,000-seat venue is baloney. How greedy do we have to be? The MGM is right there. There's enough money to go around, we don't have to be pigs here," De La Hoya told The Los Angeles Times.
De La Hoya did confirm to the paper that Mayweather-Pacquiao tickets at the MGM would have to be "steeply escalated" and the HBO pay-per-view price tag would be increased as well.
"We can sell out the 18,000 seats in two hours, and looking for anything else is just a never-ending game," De La Hoya said.
Arum also spoke to the paper and erupted over De La Hoya's comments to keep the fight at the MGM, and how the promotion can avoid losing money by increasing ticket prices to a high level. He also barked at De La Hoya's comment about Mayweather being responsible for his own guarantee.
"Oscar's so . . . stupid . . . to say Mayweather doesn't need a guarantee; you'd have to be stupid not to get a guarantee with this kind of money at play," Arum said. "We're not talking chump change.
"The one guy you can't rely on for anything is Oscar. He knows absolutely nothing. To say we shouldn't put it in a bigger arena and just jack the prices up in the smaller venue -- to only let those with incredible amounts of money into the building -- you wouldn't be allowing the extra 24,000 people who want to attend the Super Bowl of boxing. To make this fight available to the most possible people is not being greedy or a pig, it's advancing your sport, being fan-friendly."
[QUOTE=mrmojorisin1;11678952]why bring up the venue when arum already gave that up? boxingscene.com/arum-bends-gives-mayweather-deadline-late---48413[/QUOTE] So Arum asked for a late May date to give time for an outdoor stadium. Then he's willing to bend on the venue, but still wants a late…Comment by throbk1974 on 01-18-2012
Get on it! I'm sure they could put up an outdoor arena in 4 months, if that's the big hold up. They don't have to worry about the promotion. They've been promoting this fight for years!Comment by rckdees on 01-18-2012
along with being a scumbag and despicable, deplorable human being, for that greedy mizer to pretend that he gives a f*** about the fans is a disgrace and an insult to fans in any sport....gtfohComment by goldenbear on 01-18-2012
You can increase the prices for tickets at MGM. Super stars will gladly pay it and for the rest of us we will pay an extra $10 to $15 to see the fight which would generate another $30-40 mil.Comment by wengz2002 on 01-18-2012
[QUOTE=Convicted_Felon;11680615]Why even entertain the notion of Bob Arum being anything other than a roadblock? An outdoor stadium? Yeah, sure buddy. He knows that Floyd can't change date or venue so this is what he came up with as a way…Post a Comment/View More User Comments (65)