Pacquiao assured of P1 billion payday
NICK GIONGCO
November 17, 2010
http://www.mb.com.ph/sites/default/files/pacquiao_145.jpg
LOS ANGELES — Manny Pacquiao has been asured of getting over a billion pesos after early tracking figures showed he can get an additional $10 million from pay-per-view sales from his action-packed win over Antonio Margarito.
Estimates showed that the fight may have registered between 1.4 million to 1.5 million buys, his promoter Bob Arum said on Tuesday.
Pacquiao had been guaranteed a paycheck of $15 million and add the $10 million from PPV, that would add up to $25 million or about P1.075 billion at P43 per 1 US dollar.
“I am very pleased,” said Arum over the phone from his Las Vegas office.
“Numbers say we’re going to hit (between) 1.4 million to 1.5 million buys,” said Pacquiao’s adviser Mike Koncz.
Pacquiao’s previous best in PPV sales was posted when he beat up the legendary Oscar De La Hoya in December, 2008, a match that generated 1.4 million buys.
Koncz said the public’s never-ending craving for Pacquiao, the intrigue that surrounded his turbulent training camp in the Philippines, the style of the two fighters and him being a congressman, were the reasons why there was a surge in PPV sales.
“People wanted to know how Manny would handle boxing and being a congressman at the same time,” said Koncz.
While the PPV sales were phenomenal, the gate attendance at the venue that was reconfigured to accommodate 70,000 did not live up to its lofty billing after only 41,734 trooped there.
Pacquiao assured of P1 billion payday
NICK GIONGCO
November 17, 2010
http://www.mb.com.ph/sites/default/files/pacquiao_145.jpg
LOS ANGELES — Manny Pacquiao has been asured of getting over a billion pesos after early tracking figures showed he can get an additional $10 million from pay-per-view sales from his action-packed win over Antonio Margarito.
Estimates showed that the fight may have registered between 1.4 million to 1.5 million buys, his promoter Bob Arum said on Tuesday.
Pacquiao had been guaranteed a paycheck of $15 million and add the $10 million from PPV, that would add up to $25 million or about P1.075 billion at P43 per 1 US dollar.
“I am very pleased,” said Arum over the phone from his Las Vegas office.
“Numbers say we’re going to hit (between) 1.4 million to 1.5 million buys,” said Pacquiao’s adviser Mike Koncz.
Pacquiao’s previous best in PPV sales was posted when he beat up the legendary Oscar De La Hoya in December, 2008, a match that generated 1.4 million buys.
Koncz said the public’s never-ending craving for Pacquiao, the intrigue that surrounded his turbulent training camp in the Philippines, the style of the two fighters and him being a congressman, were the reasons why there was a surge in PPV sales.
“People wanted to know how Manny would handle boxing and being a congressman at the same time,” said Koncz.
While the PPV sales were phenomenal, the gate attendance at the venue that was reconfigured to accommodate 70,000 did not live up to its lofty billing after only 41,734 trooped there.
People tend to forget a lot of boxing fans wanted to boycot this fight coz of margarito the cheater. this fight couldd even go higher if he margarito's reputation wasn't diminished. It all comes down to pacs star power now.
just to add: when you compare fighters ppv, stocks go up and down in business same as in boxing. You have to look at there last fights to know who is hotter and making the cash flow. floyd's last fight was with Mosely and pac's was with Margarito are their current fights. You look at there last fight to see there current or present market value. If pac goes over 1.4 million. Then it's common sense that pac is the king of ppv for the current active fighters. Pac is the face of boxing.
To the haters, that say mosely wasn't even a draw. Mosely can bring the house down in staple center. He has is own fans that help Floyd get that 1.4ppv buys. When Mosely fights there it's a sell out. Margarito in the other hand, a lot of people hate him and wanted to boycot his fight with pac coz he is a cheater. because of that it could even go higher. But for some reason pac's magic has gone up and up and still made 1.4 minimum! Pac is the man =)
the PPV result have totally silenced the critics of pacman!
the mayweathers and don king are sooooo SILENT!
even oscar and GBP are also silent...
Manny really sounds like a real MONEY!
De La Hoya got 70% of the purse compared to Floyd's 30%..
Even at 30 percent, Floyd ended up making $30 million in that fight with the PPV revenue he earned. That is still more than Pac will earn against Margarito, even if he ends up making $25 million as Arum claims (and, based on his history, is likely a lie). So, what is your useless point in arguing about who makes more money? None of it is going in my pocket, so I really don't give a damn what either one of them makes.
Floyd vs. Hatto did 900K in the US and close to a million in the UK. Total: 1.9 million.
Correction: Floyd/Hatton did 1.4 million in the UK. Pac/Hatton did about 600,000 in the UK.
copied from a news article.
With each buy costing $54.95, Pacquiao-Margarito PPV hits of 1.5-million translate to $82 million.
From total PPV sales, Pacquiao stands to get about 12.5 percent of the projected $82-million amount, or $10 million.
Fifty percent of all PPV revenues go to the cable or satellite providers, so you can't look at the total revenue numbers as a gauge of how much profit is earned.
so he received 15m for cotto, we are talking about minimum guarantees here remember, it could have been 7.5m minimum then 7.5m he got for ppv performance?
if he did receive 15m for cotto, then he will get 25m for marg since it did good as ppv numbers at least and margo got less than than cotto, manny has also increased in stature
in post 39 you say that manny gaurantee is 12 millions dollars and then in post 45 you say that manny gaurantee is 7.5 millions.
which is it?
thank you parekoy. mabuhay
that was an estimate. like ive said COMMON SENSE. use your brain or you'll lose it. against Clottey he made $12 Million plus PPV shares. so do the math.
700K in sales netted him 12 plus so 1.4 mil nets him double that. which is 24 plus. A long ways away from 40 plus, verdad?
This has nothing to do with the topic, I need not explain to you that dela Hoya was once the cash cow during that time, that`s why the monicker `golden boy`, combined with the absence of a US world economic crisis and Floyd as P4P no.1 during that time.
The better gauge would be Floyd-Mosley`s PPV, which GBP had recently been using as a negotiating factor.
Everyone knows this, unless you actually look like your avatar, as dum as they cum.
the monicker "golden boy" was because of his gold medal, not because of being the cash cow
That is what pathetic losers do... LOL!!!! Must have too much time and hate to think of something like this. He tried to pull it off for awhile to defending his homosexuality. LOL
Exactly, dude is really a homo. Bernardo wasn't pretending that. He was just letting his true colors show. He is not a Filipino homo but he is a Dominican homo.
Eh... it is what it is...
Pretending?
The only thing he pretending to being, was Filipino.
That is what pathetic losers do... LOL!!!! Must have too much time and hate to think of something like this. He tried to pull it off for awhile to defending his homosexuality. LOL
Cotto is a bigger draw than JMM.
Cotto in his prime was the 3rd biggest draw in the sport.
Cotto in his prime was doing 250k with mosley...
That was a big name with coming off a very good win against a top 10 WW in Collazo who arguably beat Hatton in the fight prior.
its good to see Dios Dominicano aka Al Haymon aka Gino Ros reduced to being an alt pretending to be a homo :lol1:
I know right.. With the same old b.s. it ain't too hard to figure out.
Then why PBF_Hatton failed to hit a Million? Floyd lost 1.6M PPV buyer right away??
Floyd vs. Hatto did 900K in the US and close to a million in the UK. Total: 1.9 million.
You do know Floyd-Hoya did 2.4 million PPV homes, do you not? :twak:
Then why PBF_Hatton failed to hit a Million? Floyd lost 1.6M PPV buyer right away??
clearly.since you always seem to know so much show me why cotto is not more of a draw than marquez?
Are you talking about a live draw or PPV draw?
Is quite different...
I didn't make the clearly claim... You did, so why don't you show me how Cotto is clearly the bigger draw than JMM?