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US sports promoter offers $2M purse to Pacquiao
By ISAGANI L. PALMA, The Manila Times Correspondent
GENERAL SANTOS CITY - An American sports promoter reportedly is willing to offer a guaranteed $2-million (P104 million) purse for Filipino ring icon Manny Pacquiao to topbill a program featuring seven local fighters against Mexicans in Manila.
"It’s really a night to remember for all time when seven of the top Filipino boxers in the world come together to fight seven top contenders from Mexico for a national and worldwide pride," said American lawyer Andres Stein of the Stein Global Sports Entertainment.
Stein’s proposal was handcarried by his Filipino representatives, Fred and Yolly Tuadles, to Pacquiao and his handlers here on Sunday, when the boxer was staging a cockfight derby.
In the proposed agreement, Stein assured Pacquiao of a $2-million payoff from the boxing match dubbed "The Battle of Two Nations" and scheduled in either July or August.
"We believe with a world class opponent, Manny can expect a payday of $2 million, unlike his two previous much-publicized fights where he took home a total of less than $500,000 only," Stein said.
A criminal lawyer, Stein said the Filipino boxers in his proposed promotion, including Pacquiao, could have their lawyers review the contracts of the card before they sign up.
"Money available to the fighters will all be driven by the main event and the pay-per-view [numbers]," the lawyer’s proposal said.
Stein also vowed to bring the officials of the American cable TV giant Home Box Office and their crew to cover the fight in the Philippines at an estimated cost of $1 million. This includes the crew’s plane tickets and hotel accommodations.
But the proposal did not state just how Stein intended to raise the money for the purse and promotion of what should be a multimillion-peso production.
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No other fighters on each team were mentioned except Pac, but its interesting to see who is going to win this match if ever it happens. The promoter prolly wants to ride on Pac's popularity in PI and make some money.
By ISAGANI L. PALMA, The Manila Times Correspondent
GENERAL SANTOS CITY - An American sports promoter reportedly is willing to offer a guaranteed $2-million (P104 million) purse for Filipino ring icon Manny Pacquiao to topbill a program featuring seven local fighters against Mexicans in Manila.
"It’s really a night to remember for all time when seven of the top Filipino boxers in the world come together to fight seven top contenders from Mexico for a national and worldwide pride," said American lawyer Andres Stein of the Stein Global Sports Entertainment.
Stein’s proposal was handcarried by his Filipino representatives, Fred and Yolly Tuadles, to Pacquiao and his handlers here on Sunday, when the boxer was staging a cockfight derby.
In the proposed agreement, Stein assured Pacquiao of a $2-million payoff from the boxing match dubbed "The Battle of Two Nations" and scheduled in either July or August.
"We believe with a world class opponent, Manny can expect a payday of $2 million, unlike his two previous much-publicized fights where he took home a total of less than $500,000 only," Stein said.
A criminal lawyer, Stein said the Filipino boxers in his proposed promotion, including Pacquiao, could have their lawyers review the contracts of the card before they sign up.
"Money available to the fighters will all be driven by the main event and the pay-per-view [numbers]," the lawyer’s proposal said.
Stein also vowed to bring the officials of the American cable TV giant Home Box Office and their crew to cover the fight in the Philippines at an estimated cost of $1 million. This includes the crew’s plane tickets and hotel accommodations.
But the proposal did not state just how Stein intended to raise the money for the purse and promotion of what should be a multimillion-peso production.
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No other fighters on each team were mentioned except Pac, but its interesting to see who is going to win this match if ever it happens. The promoter prolly wants to ride on Pac's popularity in PI and make some money.
not much of a "battle".
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