Advertisement
Advertisement

Manny Pacquiao To Vacate WBC Title, Koncz Talks Fees

By Ronnie Nathanielsz

Pound-for-pound king Manny Pacquiao will relinquish his super welterweight crown as a prelude to his clash against Shane Mosley in May and as a formal sign that the ring icon will no longer risk fighting above the welterweight ranks.

Pacquiao’s adviser Michael Koncz said that the pound-for-pound king reached the decision in response to a query from WBC president Jose Sulaiman asking the Filipino whether he intended to defend his 154 pound belt or not.

Sulaiman posed the question after Top Rank announced that Pacquiao’s next fight would be against Mosley and it would be for the WBO welterweight title the Pacman won against Cotto in 2009.

Pacquiao and Mosley square off at the MGM Grand in Las Vegas on May 7.

Pacquiao pulverized Antonio Margarito to win the 154 pound title by a lopsided twelve round decision at the Dallas Cowboys Stadium in Arlington, Texas last Nov. 13, but Koncz said the Filipino’s team learned a valuable lesson from the bout.

Margarito entered the ring with a 17-pound advantage and and managed to inflict damage on Pacquiao.

“We learned from experience in the Margarito fight that giving away 10 to 15 pounds during fight night is very detrimental to the safety of Manny,” Koncz told BoxingScene.com/Inquirer. “Because of those basic concerns we have no intention for Manny to fight at 154. From this day forward the maximum weight would be 147 lb (welterweight).”

Koncz said he would send a “thank [you] letter” stating how much they “appreciate what the WBC has done and that Manny wants to free the belt so that  others have the opportunity to proudly wear the WBC belt.”

On the issue of outstanding sanction fees broken down as $30,000 for the rematch against Juan Manuel Marquez on March 15, 2008 and the $50,000 due on the fight against Oscar De La Hoya on Dec. 6, 2008, Koncz said “I am going to send an e-mail to Top Rank instructing them to pay $50,000 for the De La Hoya fight because that was [the] agreement.”

“We should honor it.”

For the Marquez rematch sanction fee, Koncz claimed “Top Rank would deduct whatever the sanction fee was from Manny’s purse and pay it directly without any consultation, without any guidance. So if there is or isn’t a percent due that’s a problem between Top Rank and the WBC.”

User Comments and Feedback (Register For Free To Comment) Comment by Lorily on 02-05-2011

[quote=Gino Ros;10061477]Oh. The irony.[/quote] Oh yeah, it's really ironic... because I have so many posts commenting about your personal life, or the personal life of so many fighters. You make up an alt pretending to be a gay Filipino man…

Comment by KTFO on 02-05-2011

[QUOTE=Gino Ros;10059003][SIZE="3"]If the Illiterate Congressman knows that he owed the money for years, why the fukk didn't he pay?[/SIZE][/QUOTE] Did you happen to read the article dipsh*t? It's also misleading to call someone illiterate in their second language. Are you…

Comment by Gino Ros on 02-05-2011

[QUOTE=Lorily;10061411]You really should let it go, it's not healthy to continually worry about another persons personal life. .[/QUOTE] Oh. The irony.

Comment by Lorily on 02-05-2011

[quote=Gino Ros;10059003][SIZE=3]If the Illiterate Congressman knows that he owed the money for years, why the fukk didn't he pay?[/SIZE][/quote] Why are you so concerned with Manny owing money and continuing to go on about it, Vito/And Still/Dios/etc. etc.?? I know…

Comment by empiricix on 02-05-2011

[QUOTE=QADASHBANYAH;10059217]yes!!! Thats the **** i am talking about, how are you the goat, with bogus titles??? At 126 and the 8th division title w margarito... While he is vacating the title they still claim hes an 8th division titlist.[/QUOTE] If…

Post a Comment - View More User Comments (204)
Top Headlines Chris Eubank Jr: I Can Knock Gennady Golovkin Out! Froch Cautions Joshua Not To Rush, Picks Fury To Beat Klitschko Kerry Hope is Convinced Vijender Singh Was Scared at Presser Zeuge is Sparring With Braehmer For De Carolis WBA Title Clash McGregor Was Looking For 50-50 Split With Floyd Mayweather Firat Arslan vs. Nuri Seferi Crossroads Bout on September 18 Eubank Sr. Baits Golovkin: Prove To Me That You Can Beat My Son! Rey Ojeda Shocks Puerto Rico With Retirement Announcement Thurman-Porter Makes Working Weekend Worth The Wrangling Cotto vs. Marquez Negotiations Continue To Play Out Hurd: I Didn’t Want to Force the Stoppage After Dropping Molina Joshua Warns Wilder: Focus on Arreola, I'll Be To America Soon Photos/Weights: Edner Cherry vs Lydell Rhodes, Douglas-Collado 30 Day Weights: Crawford 150.4-Pounds, Postol 145.5-Pounds Bob Arum Details Top Rank's Plans in China Examining the Keith Thurman-Shawn Porter Scorecards Golovkin-Eubank Moves Closer After 'Very Positive' Talks in London Povetkin's Promoter: No Interim-Fight, Wilder Shot By Year's End Thurman-Porter: Highest Barclays Boxing Gate, 2nd Largest Crowd Roach Embraces Pacquiao-Broner: We'd Go For The Knockout! Juan Diaz: Win Over Vazquez Takes Me One Step Closer To Title Terence Crawford Special Debuts on HBO, July 9th Oscar Molina: I'll Come Back From Loss to Jarrett Hurd Froch: If Eubank Faces Golovkin in September - I'd Be Shocked Brook: After Vargas - I Need To Get in There With Keith Thurman! Ivan Baranchyk, Tommy Morrison's Son Win Big in Miami Pablo Cesar Cano-Alfonso Gomez Set For July 15, Gibson is Out Thurman: Porter Isn't Top Two, But He Remains Marquee at 147 Golovkin vs. Eubank: Hearn Aims To Finalize Deal in 48-72 Hours Tommy Langford-Ronny Gabel Set For July 16th in Cardiff Postol, Roach Reflect Back on Knocking Lucas Matthysse Out Frank Warren: Liam Smith Has Very Good Shot To Beat Canelo! Vargas To Kell Brook: I Already Signed, Let's Get This Over With! Thurman Wants To Keep Fighting on Free TV, Not on Pay-Per-View Froch: Golovkin Rejected Terms, I'd Walk Through DeGale in 5 or 6 Casey Ramos Faces Paredes on Top Rank Bill, 7/16 on UniMas Joseph Parker Embraces Anthony Joshua Title Fight For The Fall Mayweather Admits: For The 'Right Price' I Might Come Back! Mikaela Lauren-Klara Svensson Showdown Set For Sept. 10 Mayweather Backs Golden Boy's Decision on Canelo-Golovkin
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement