http://i1187.photobucket.com/albums/z388/1dcsailor/Smiles/obamahmm.png I've always felt that both Floyd and Manny aren't afraid of each other and that Arum is the real reason why they haven't fought yet. I feel that Arum wants to milk Pacquaio for all that he can before cashing out in a Mayweather fight. What do yall think? This isn't a thread to bash Manny or Floyd so lets try to keep the bs to a minimum.
Yes. Bob Arum is terrible for the sport of boxing. Pacquiao/Cotto/Margarito would have fought Mayweather if Bob wasn't around. That's why Manny makes hAlf of Floyds $ cuz of Bob. That said Bob has helped Pacquiao's legacy by picking careful fights.
So, since Bob was also Floyds promoter for over half of his career,
did Bob help Floyds legacy by picking careful fights?
Yes. Bob Arum is terrible for the sport of boxing. Pacquiao/Cotto/Margarito would have fought Mayweather if Bob wasn't around. That's why Manny makes hAlf of Floyds $ cuz of Bob. That said Bob has helped Pacquiao's legacy by picking careful fights.
I posted that information on page 6. Info here
Thank you. I think it's pretty much what I've been saying, but to which no one has been listening. Both JRosales and Sweet Science are right in some points and wrong in others.
The actual fact that some people get so hot over what fighters make or Promoters make, is a mystery to me. It's not our business except for an academic interest, and we'll never know anyway, until we might read something years later in a report from a Bankruptcy Court.
Pacs purse comes from a percentage agreed upon in a contract made by his promoter......
Not in a contract "made by his promoter" but in a contract made WITH his promoter.
Arum can't do sh!t if his negotiating with a dysfunctional Mayweather?! Oscar has a more easy time with Fraud because "Two birds with the same feather f@ck-up together right?!" :spank:
Arums the promoter, he picks the fighters and venues and Manny and his camp decide which fighter he wants
Promotes the fight, gives the fighter money for his training expenses, transportation, and boarding. After the fight the promoter comes into the locker room and has the fighter sign his name to the check and money is then transferred from the promoters bank account into the fighters...i dont know how many employees pay their bosses maybe you can help me out.
Arum recently described how Top Rank picks a few, generally 3 fighters and MannyP. (and presumably Roach) decides who,( if any,) he wants to fight. The reason, which you don't mention, that Top Rank picks the fighters, is because they, being PROMOTERS, are BEST QUALIFIED to know which matchups will MAKE THE MOST MONEY, and then put on the whole promotion. That is their job, and that's is the MAJOR thing they agreed to do for MannyP.
The more money the fight produces, the more money the fighter makes. All according to contract. So you are not correct in this point. If MannyP wanted none of the 3 presented, but had a choice of his own, he would tell Top Rank, and they would examine the potential for the amount of expected revenue that fighter might generate. I'm pretty sure anyway, that Arum discusses the fighters with Freddy Roach beforehand anyway, to WINNOW down the potential opponents, for the least risk for the most return.
There must be some really retarded people in here LOL. Why would Pac care about OSDT if he's going to make some $$$. Pac could give a **** about drug testing, all he need to know is how much he will get pay. I can hate needles as much as I want too, but if I stand to make a certain $$$ from , M****er just set the fight up. The truth is that Pac don't want none of Floyd and anyone with half a brain knows it. You don't just have people left and right calling Pac the catch weight king.
Fixed!
With the slightest bit of effort and your argument can be turn against you? Now that that's done, shouldn't you be asking yourself, why it doesn't apply to Pac as well?
Arum doesnt even care about Manny he's robbing him blind,even convinced the man to fire the legal firm the exposed his robbery
You know Larry, I always though you were a bit ODD, but now I believe that you are actually crazy. Throwing around unproven accusations like that..You should be ashamed to expose yourself like that. let me know, when this "NEWS" of yours is actually reported as FACT.
In the meantime.......Take treatment.
Which is the projected numbers off the PPV buys. Not from Arum pocket. Arum gets paid a % of what Pac makes.
The other fighters on the PPV card get paid from Arum pockets.
I don't think it's from "the projected number of PPV buys". The projected number is a hope of how successful the show will be. He already has agreed on a guaranteed purse. Whatever the actual number of PPV buys comes to be, MannyP either gets a set number of dollars for each PPV, or a percentage of the whole, perhaps even, after a certain number of buys has been reached. It depends on what the contract says and that's between them and the IRS, and not known to US.
If MannyP.'s guaranteed purse for the fight is not reached (say for a failed promotion) then the promoter makes up the balance of MannyP.'s guaranteed purse, from his pocket. He is also responsible for paying for everything else...EVERYTHING. The fighters are responsible to turn up in good shape and fight. So the success or failure of any fight is nearly always, how good the promotion of that fight has been, how attractive it has been made to seem to the fans.
ABSOLUTELY!!!
Floyd is just the most popular guy to blame because a lot of people hate him...but if Pacquiao was with Golden Boy Promotions, Dan Goossen, DiBella, Shaw...FIGHT WOULD HAVE HAPPENED ALREADY!!!
Arum has a personal vendetta against Mayweather and he had it since Mayweather left Top Rank...now I am not saying it is all Arum fault, I have posted on this forum before that "I THINK BOTH SIDES ARE FULL OF SH!T"! And I still believe that BOTH SIDES are RESPONSIBLE!
Don't move the goalposts kid.
Admit you don't know shit and go back to the drawing board.
I believe that here JROSALES is correct. H.B.O. merely pay a fee to the Promoter who is staging the fight, for the exclusive right to show it on their channel, so that they can sell advertising during the intermissions. They may have other reasons I don't know about but one I DO know is that they hope to make money. I'm not sure if they get any of the PPV revenue, but with contracts, the contents of which we NEVER know ANYTHING...it's possible.
you recently saw a "bidding war" between Showtime and H.B.O. for the rights to show the MannyP.-Mosley fight.
u guys are looking at this all wrong. yes a promoter works for the fighter. but this isnt an employment contract. its not arum does wat manny says per say. its more a contract of agency, along the lines of working as a persons lawyer, or fiduciary. basically arum does what is supposed to be in the best interests of his client. but the truth is, his client does not have to and most of the time, is not required to tell him what to do per se. arum represents manny. and manny clearly defers a lot of his decisions to arum. but that does not at all mean manny always acts in the best interests of manny. why do u think many fighters sue their promoters? the same as lawyers and malpractice. theres always a balance between doing whats in the best interests of ur fiduciary and trying to increase ur profit margins. and arum definitely crosses that boundary with manny.
What you say sounds interesting. What you say about Arum (Top Rank) "crossing the boundary" with Pacquiao sounds even MORE interesting. So, if it wouldn't be too much trouble, could you please reproduce the evidence which shows this. I'd apprewciate it.
And, generally fighters sue Promoters when they want to get out of their contracts, or find, or THINK they've found that they have been short-paid somewhere along the line. A pity you didn't mention how many, or what percentage of fighters actually WIN their cases against their Promoters, nor what percentage are quietly dropped..............
Guys, Pacquiao is not an employee. Pacquiao is a brand. He is what Bob Arum is trying to sell. Pacquiao is a Sony TV. Bob Arum is...Best Buy I guess. But the difference is, Pacquiao has a contract with Arum. In this case, the Sony TV cannot be sold at Target or Wal-Mart. He is strictly under Best Buy. So at the end of the day, Arum is the boss. If you are under a contract, then you have a boss. Contract is just a professional way of saying "You are owned by somebody." Vince McMahon is John Cena's boss. Dana White is Anderson Silva's boss. Get it? Got it? Good.
I think you are a little off here. Although Pacquiao has his contractual responsibilities to Top Rank, Top Rank also has it's contractual responsibilities to Pacquiao. It's not a contract of employment the way you'd get a job. It's a reciprocal contact between two PRINCIPALS of payment for services rendered, a different thing altogether. The contracts are so SPECIFIC that they take teams of lawyers weeks somethimes to work out what is the contractual responsibility of each to the other. Any deviation from the contract is likely catered for in subsidiary clauses.....viz. clause 3a)....Clause Fg) etc.
At the end of the day no fight happens without Manny approval. A fight doesn't get made without Manny signature. If a fight doesn't get made it's because Manny(or the opponent) chose to go another way.
u guys are looking at this all wrong. yes a promoter works for the fighter. but this isnt an employment contract. its not arum does wat manny says per say. its more a contract of agency, along the lines of working as a persons lawyer, or fiduciary. basically arum does what is supposed to be in the best interests of his client. but the truth is, his client does not have to and most of the time, is not required to tell him what to do per se. arum represents manny. and manny clearly defers a lot of his decisions to arum. but that does not at all mean manny always acts in the best interests of manny. why do u think many fighters sue their promoters? the same as lawyers and malpractice. theres always a balance between doing whats in the best interests of ur fiduciary and trying to increase ur profit margins. and arum definitely crosses that boundary with manny.
I'm saying you're wrong.
Pac doesn't get paid from "Arum's pocket" moron. His purse is guaranteed by HBO. It has nothing to do with Arum or his pockets.
Any PPV revenue he gets is just upside. Arum is his promoter, not his bank.
That's HBO.
HBO is not responsible for PPV guarantee's.
They are responsible for regular HBO not PPV. And, even then HBO is not responsible if a promoter has a guarantee minimum to a fighter.
The promoter is responsible for that.
It probably would be of interest to you guys to look up the duties of a Promoter on the internet. My late uncle was a promoter in a small way many years ago, but after reading up on promoters some time ago, I realised that he was more likely one of a group of investors who hired a promoter.
I posted that information on page 6. Info here
It probably would be of interest to you guys to look up the duties of a Promoter on the internet. My late uncle was a promoter in a small way many years ago, but after reading up on promoters some time ago, I realised that he was more likely one of a group of investors who hired a promoter.