Advertisement
Advertisement
Boxingscene.com

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 Jose Pedraza vs. Jamel Herring on Guerrero-Figueroa Card Conlan, Saucedo, Mike Alvarado, Mean Machine Win in Chicago Mayweather-McGregor: Showtime on Board, Confirms Espinoza Andrew Selby in Line For Daigo Higa With WBC Eliminator Win Joshua-Klitschko II: There Will Be HBO, Showtime Collaberation Shane Mosley Has To Pay Ex-Wife 75K in Defamation Lawsuit Photos: Orlando Salido vs. Aristides Perez - Official Weights Conlan May Get Step-Up Foe on Pacquiao-Horn, Says Macklin Groves vs. Chudinov To Be Streamed on Facebook, Youtube Francisco Vargas Had Surgery on Eyebrows, Wants November Date Ward-Kovalev Rematch: NSAC Has Assigned Three American Judges Mayweather: I Can't Overlook McGregor, Only Lost on The Ground! Cotto vs. Kamegai, Berchelt vs. Miura Picked By BoxNation Brook To Spence: You've Got To Take It, Rip it Out of My Hands Spence: It’s Time to Shut Up, Glove Up & Go to War With Brook Kermit Cintron vs. Tyrone Brunson Set For June 24th Kell Brook vs. Errol Spence - Extra Security Measures in Place Photos: Kell Brook, Errol Spence - Ripped and Ready For War! Warren Admits: If Saunders is Not 100%, Khurtsidze Will Beat Him Joe Smith's Promoter on LA Return, Possibility of Monaghan Bout Salido Returns, Looks Forward To Vasyl Lomachenko Rematch Kell Brook Weighs in at 146½ ; Errol Spence Comes in at 146¼ Abel Sanchez: Golovkin-Canelo Should 'Revive Our Industry' George Groves Thought Hard Before Fully Trusting McGuigan Brook: I Want Spence To Taste Every Bit of That Sugar in There! Hank Lundy is Gunning For Terry Flanagan, Robert Easter Fortune Calms Down Pacquiao Fans, Says No Reason To Panic Mike Tyson Explains Where His Money Went in Historic Career Kell Brook: When I Beat Spence - I'm The Man, Number One at 147 Malignaggi Breaks Down Why Brook-Spence Will Be Special Fight Photos: Hatton Pays Tribute To Victims of Manchester Tragedy Cotto: Marquez Has To Get Things Done or Keep His Mouth Shut! Johsua Return To Be Revealed in 3-4 Weeks, Likely Klitschko Oscar Valdez To Fight in Summer and Then The Fall, Says Arum Egis Kavaliauskas, Alex Saucedo - Both Eager For Bigger Things Photos: Orlando Salido vs. Aristides Perez - Final Press Conference James DeGale: Let's Make This Clear - Badou Jack is a P*ssy! Photos: Michael Conlan, Saucedo, Mike Alvarado - Official Weights WBA Turns Back on Floyd Mayweather vs. Conor McGregor Fight N'Dam-Murata, Barthelemy-Relikh Rematches Ordered By WBA
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement