Bob Arum Concerned Over Manny Pacquiao's Finances

[El_Cholo]

he needs someone trust worthy, people like you helped Sugar Ray out when he was getting money thrown at him.

[goblin]

I think Manny is using his finances just well. Let's not get carried away guys, Tyson was buying white Siberian Tigers, and was buying Ferrari's to match his sunglasses.

woa..Tyson was hardcore lol.....

[deanrw]

I think it is a good gesture for Arum to be worried. Manny seems a little too kind with his money and Arum wants to make sure he has something to retire with.

I remember Pernell Whitaker had the duva's looking out for him. They took one of his bigger paydays, invested it so Pernell now gets around $100,000 a year for life income from it.

More fighters should have their promoters looking out for them.

[internetworld7]

I'd hate to see him go broke like other professional athletes.

Not likely, he lives in the Philippines. Unless he becomes addicted to drugs or ********, he will always have money. He already has several businesses in the Philippines that are profitable.

[GRUSTLER]

Wow, Manny Pacquiao is going in like Floyd. I guess when you getting
it like that then it's easy to over due it. Me, I would bury most of that
$ and live a lavious but modest life style and make sure my family is
good. I would buy some buildings but make sure they are more
investments they just having them. One thing about $ is that the
more you get the more you spend so it's good to keep that revenue
coming in.

[Lacrimosa]

This is what awaits for us for the next couple of months as Manny Pacquaio is a universally recognized star!

We will get to know what does he eat, when does he fart and what brand is his tooth brush...

P.S. Happy for Pacquaio, he deserved his glory!

I do agree with those who wish him not to end like Tyson... or Holyfield, or any other athlete who went broke after their career.

But i don`t think Arum is the one who should be trusted... He`s a hell of businessman, who won`t lose his opportunity to grab a piece of a large cake (Pacquaio`s fees)...

[mellow_mood]

[vercingetorix3]

Whenever he gets money, he better pay his taxes down on his earnings and income from boxing for that year before the IRS (and the Philippines' IRS equivalent) starts to salivate over the ever-growing back-taxes.

Happened to Joe Louis and Mike Tyson. And I hear Holyfield is in big trouble, too...

[The Gambler1981]

If Bob Arum knows one thing it is how to look after his own personal finances. Manny should take his advice, people that went to Harvard usually do not give away free advice like that.

[rocky_balboa23]

all the tiny pinoys jumped all over that 1.6 million number. Lmao.

I thought asians were supposed to be good in math?!

the number is 650k.

link ****er