Pacquiao to get $20 million in upcoming fight vs.Cotto

[Easy-E]

Do they get that much in their own pocket I mean after taxes and other expenses and stuff? How much do yall reckon they are getting after its all said and done? just wondering...

about 60% of that.

[Mr. Copycat]

Pacquiao to get $20 million in upcoming fight vs.Cotto

Saturday, 17 October 2009 00:00


By Jun Medina, Special Correspondent

CALIFORNIA: Hall of Fame promoter Bob Arum has assured his top fighters Manny “PacMan” Pacquiao and Miguel Cotto of a record paycheck for their November 14 title fight in Nevada.
Arum, whose Las Vegas-based company Top Rank is promoting the Pacquiao-Cotto, said that between them, the two welterweight superstars will easily earn $30 million in what could be the richest fight this year.

“I take great pride in this fight,” Arum told Rick Folstad of TheSweetScience.com. “We have two guys who are going to make their biggest payday on November 14. Pacquiao will make over $20 million and Cotto will make over $10 million. And I helped create that.”

Arum, 78, said he just visited his two favorite boxers and found them both in great shape with less than one month to go to the World Boxing Organization welterweight fight dubbed “Fire Power” at the MGM Grand Arena in Las Vegas.

Arum added that he expects a “very competitive fight with lots of action” that the fans would love.
“Manny is an offensive machine,” he said. “He blends in his defense in the best possible way. In essence, he turns himself into a magician in the ring. He can disappear while in plain sight.”

Arum said Pacquiao, who won his first world title at flyweight, was an explosive puncher, but he added that Cotto has more power because he was a natural welterweight.

“Miguel is the bigger guy, and Manny might be vulnerable to Miguel’s left hand to the body and the head. It’s how Manny reacts to those left hands that will be the story of the fight.”

Cotto focused

The 28-year-old Cotto (34-1, 27 by knockouts) is training in Tampa, Florida, and expects to log 12 full weeks of preparation, according to his trainer Joe Santiago.
Santiago said Team Cotto knows what is at stake in this fight, which Cotto described as the biggest fight of his career.

“Miguel is quite focused in training, especially for the big fights like this one,” Santiago said.

He said Cotto trained for one month in Puerto Rico and would train a total of six more weeks in Tampa the move to Las Vegas at the start of November for the final push.
Cotto, who is putting his WBO welterweight championship belt on the line, said he likes training in Tampa because it’s easy for him to concentrate.

“Puerto Rico is my country and that’s where I live,” he said, talking with the media after a two-hour heavy workout. “But there are a lot of distractions when I’m there. That’s what I like best about Tampa, there are no distractions.”

“I do two things when I’m here. I train and I rest. Train and rest,” said Cotto who added that the hot and humid October weather was very much like back home.

Cotto’s training regimen is quite organized—everything was planned, precise and consistent, said Santiago.
Unlike Pacquiao, who is known to be playful at training camp, Cotto trains with the concentration of Shaolin monk.

Good for both.Cotto deserve a good paycheck too.

[Ch@mpBox@PR]

Horus Owned!!!!

[Dr. Hayden Kho]

Both are exciting fighter.Well deserved for both fighters.

[Domayn]

Good for them

[sycomantz]

MAYWEATHER is gonna cry.

why, they wont even make 10 mil take home. floyd makes over 20 mil take home.

floyd generated over 300mil in 3 fights and isnt getting anyone 27% of his cut...you do the math

[koboy]

not possibe.
the numbers dont add up.
unless they sell at min.
1.5 Million P.P.V buys

I thought you were happy for these guys making coin.

Why don't you just congratulate both the Pacquiao and Cotto families just like you did in one, sorry, TWO, of your threads?

[shadeyfizzle]

let's add to this FROM A NUMBERS P.O.V

900,000 at $49.95 = 44.95 Million in P.P.V Revenue
925,000 at $49.95 = 46.20 Million in P.P.V Revenue
950,000 at $49.95 = 47.45 Million in P.P.V Revenue
975,000 at $49.95 = 48.70 Million in P.P.V Revenue
1.0 Million at $49.95 = 49.95 Million in P.P.V Revenue
1.1 Million at $49.95 = 54.94 Million in P.P.V Revenue
1.2 Million at $49.95 = 59 Million in P.P.V Revenue
1.3 Million at $49.95 = 64 Million in P.P.V Revenue
1.4 Million at $49.95 = 69 Million in P.P.V Revenue
1.5 Million at $49.95 = 74 Million in P.P.V Revenue
1.6 Million at $49.95 = 79 Million in P.P.V Revenue

Pacquiao: 20 Million (arum says)
Cotto: 10 Million (arum says)

What about HBO 30% -40% cut?
What about the Cost of 24/7?
What about sanction fees?
What about paying the fighters on the undercard?
What about Uncle sam tax 6% or higher of fighters purse?
What about the Arum's cut which is 27% of both Pacquiao and Cotto purse?

So let's say Pac vs. Cotto does 1.1 Million buys generating 54.94 Million in P.P.V Revenue

What about HBO 30% -40% cut?
Leaving Top rank with either 70% or 60 % of the revenue leftover.

So 70% of 54.94 Million= 38.45 Million
So 60% of 54.94 Million= 32.96 Million

Now think about the tax top rank is going to get from UNCLE SAM!

So you mean to tell me with all cost included Pacquiao and Cotto will walk
away

20 Million for Pacquiao?
10 Million for Cotto?

out of 38.45 or 32.94 million dollars IF THEY SELL 1 MILLION P.P.V BUYS?

I CAN GO FURTHER BUT I THINK YOU GET THE PICTURE.

THE NUMBERS DONT ADD UP!!

3 things:

1)The ppv is at 54.99 for standard def and 59.99 for HD

2)HBO doesnt get a 30-40% cut. HBO pays Top Rank for broadcasting rights to the fight. HBO then in turn gets paid by the advertisers like TECATE and whatever other companies usually advertise on fight night.

3) The 20mil and 10mil figures is a minimum assurance by Bob Arum. meaning AFTER the promotion fees are already compensated for.

That means your math is off by millions and millions of dollars.

[jrosales13]

3 things:

1)The ppv is at 54.99 for standard def and 59.99 for HD

2)HBO doesnt get a 30-40% cut. HBO pays Top Rank for broadcasting rights to the fight. HBO then in turn gets paid by the advertisers like TECATE and whatever other companies usually advertise on fight night.

3) The 20mil and 10mil figures is a minimum assurance by Bob Arum. meaning AFTER the promotion fees are already compensated for.

That means your math is off by millions and millions of dollars.

And, you can also add that Arum does not get a penny of the fighters purse. It is illegal for him to get paid when he is promoting both fighters.

[shadeyfizzle]

3 things:

1)The ppv is at 54.99 for standard def and 59.99 for HD

2)HBO doesnt get a 30-40% cut. HBO pays Top Rank for broadcasting rights to the fight. HBO then in turn gets paid by the advertisers like TECATE and whatever other companies usually advertise on fight night.

3) The 20mil and 10mil figures is a minimum assurance by Bob Arum. meaning AFTER the promotion fees are already compensated for.

That means your math is off by millions and millions of dollars.

^^^^bump^^^^ Horus loves facts. Howcome all of a sudden he's ignoring the facts.