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Arum is digging deep into his pocket to pay the $150,000 WBO welterweight title sanctioning fees for both champion Miguel Cotto and challenger Pacman.
Arum has even made this pledge public after being overwhelmed with protests from Pacquiao followers and then from Manny himself when talk continued about the Nov. 14 bout at the MGM Grand being a non-title bout.
So, if you think Arum is aggravated by continual smoke signals coming out of Puerto Rican lawyer Gabriel Penagaricano Junior’s office that Cotto defending his strap is “open to negotiation,” you are correct, sir or madam.
Arum views the Cotto camp’s stubborn stance as part of a Boricua feud between Penagaricano, who is affiliated with the WBC and WBO leader and San Juan attorney Francisco “Paco” Valcarcel.
But it still bugs the Las Vegas based promoter who handles Manny and Miguel.
“It’s some local situation, I guess,” Arum said Tuesday. “I don’t want to get involved in whatever it is. Look, Paco is a good guy and we have the situation all worked out. I am paying the freight for both sides here.
“It is a world title fight and making a fuss is silly. Can you see anything more ****** than Cotto refusing to defend the title and losing it for that reason? Would anything be more asinine?”
Arum has even made this pledge public after being overwhelmed with protests from Pacquiao followers and then from Manny himself when talk continued about the Nov. 14 bout at the MGM Grand being a non-title bout.
So, if you think Arum is aggravated by continual smoke signals coming out of Puerto Rican lawyer Gabriel Penagaricano Junior’s office that Cotto defending his strap is “open to negotiation,” you are correct, sir or madam.
Arum views the Cotto camp’s stubborn stance as part of a Boricua feud between Penagaricano, who is affiliated with the WBC and WBO leader and San Juan attorney Francisco “Paco” Valcarcel.
But it still bugs the Las Vegas based promoter who handles Manny and Miguel.
“It’s some local situation, I guess,” Arum said Tuesday. “I don’t want to get involved in whatever it is. Look, Paco is a good guy and we have the situation all worked out. I am paying the freight for both sides here.
“It is a world title fight and making a fuss is silly. Can you see anything more ****** than Cotto refusing to defend the title and losing it for that reason? Would anything be more asinine?”
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