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EIGHTH-DIVISION world champion Manny Pacquiao fights unified world welterweight champion Errol Spence Jr. in August and no longer Mikey Garcia.
Pacquiao made the announcement on his personal social media platforms at 5 a.m. on Saturday, adding the fight is set August 21 in Las Vegas, Nevada.
But the fight is no longer as lucrative for the sitting Philippine senator.
Pacquiao’s guaranteed purse, BusinessMirror learned, is $5 million, a measly sum compared to what he banked during his prime some five to 10 years ago but looked ideal during the pandemic. But boxing superstar is expected to cash in from his pay-per-view share.
The duel with Garcia was dropped with people close to Pacquiao saying “there’s no money in that fight.”
Sean Gibbons, Pacquiao’s MP Promotions president, confirmed to BusinessMirror on Saturday the Pacquiao-Spence fight, the Filipino sports icon’s first in more than two years.
“The fight’s [Pacquiao-Spence] always been there. We tried to make a lot of other fights, we would like to fight the Ryan Garcias and the Mikey Garcias, the fights that we tried to make,” Gibbons said. “Unfortunately, they are [un-retainable] and this fight was offered and the Senator accepted it.”
Pacquiao beat American Keith Thurman via split decision in Las Vegas in July 2019 but didn’t fight after that because of the Covid-19 pandemic, forcing the World Boxing Association to relegate him as its welterweight champion in recess last January.
Gibbons said it took Pacquiao only five minutes to ponder and agree with the Premier Boxing Champions group to fight the Long Island native.
“We asked him if he wants to do the fight, and he said yes. It was that simple and the Senator is a very easy person in making fights,” Gibbons said. “He is not very difficult to work with. The Senator just confirmed the fight through his social media.”
Pacquiao, 42, has a 62-7-2 win-loss-draw record with 39 knockouts while the International Boxing Federation and World Boxing Council champion Spence, 31, has a clean 27-0 record with 21 knockouts.
https://businessmirror.com.ph/2021/0...nce-in-august/
Hope this fight sells well as this may be Pac's last fight.
The Athletic's Mike Coppinger reported that there has been behind-the-scenes tension between the two sides over TR inability to secure a big money, meaningful matchup. Crawford’s attorney claimed that his client was as frustrated now as I have ever seen him. It s apparently not for a lack of trying on Top Rank s part, as they sought a Manny Pacquiao PPV main event in the Middle East, but there was already a reported issue over how much he d be paid.
Crawford was offered 6.5 million guaranteed to fight Pacquiao, per sources, along with upside of the pay-per-view at 5 for every buy over 300,000. Talks went dead when he refused the initial offer and countered at 9.5 million with upside at 500,000.
https://theathletic.com/2195981/2020...t-be-repaired/
Pacquiao made the announcement on his personal social media platforms at 5 a.m. on Saturday, adding the fight is set August 21 in Las Vegas, Nevada.
But the fight is no longer as lucrative for the sitting Philippine senator.
Pacquiao’s guaranteed purse, BusinessMirror learned, is $5 million, a measly sum compared to what he banked during his prime some five to 10 years ago but looked ideal during the pandemic. But boxing superstar is expected to cash in from his pay-per-view share.
The duel with Garcia was dropped with people close to Pacquiao saying “there’s no money in that fight.”
Sean Gibbons, Pacquiao’s MP Promotions president, confirmed to BusinessMirror on Saturday the Pacquiao-Spence fight, the Filipino sports icon’s first in more than two years.
“The fight’s [Pacquiao-Spence] always been there. We tried to make a lot of other fights, we would like to fight the Ryan Garcias and the Mikey Garcias, the fights that we tried to make,” Gibbons said. “Unfortunately, they are [un-retainable] and this fight was offered and the Senator accepted it.”
Pacquiao beat American Keith Thurman via split decision in Las Vegas in July 2019 but didn’t fight after that because of the Covid-19 pandemic, forcing the World Boxing Association to relegate him as its welterweight champion in recess last January.
Gibbons said it took Pacquiao only five minutes to ponder and agree with the Premier Boxing Champions group to fight the Long Island native.
“We asked him if he wants to do the fight, and he said yes. It was that simple and the Senator is a very easy person in making fights,” Gibbons said. “He is not very difficult to work with. The Senator just confirmed the fight through his social media.”
Pacquiao, 42, has a 62-7-2 win-loss-draw record with 39 knockouts while the International Boxing Federation and World Boxing Council champion Spence, 31, has a clean 27-0 record with 21 knockouts.
https://businessmirror.com.ph/2021/0...nce-in-august/
Hope this fight sells well as this may be Pac's last fight.
The Athletic's Mike Coppinger reported that there has been behind-the-scenes tension between the two sides over TR inability to secure a big money, meaningful matchup. Crawford’s attorney claimed that his client was as frustrated now as I have ever seen him. It s apparently not for a lack of trying on Top Rank s part, as they sought a Manny Pacquiao PPV main event in the Middle East, but there was already a reported issue over how much he d be paid.
Crawford was offered 6.5 million guaranteed to fight Pacquiao, per sources, along with upside of the pay-per-view at 5 for every buy over 300,000. Talks went dead when he refused the initial offer and countered at 9.5 million with upside at 500,000.
https://theathletic.com/2195981/2020...t-be-repaired/
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