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Breaking news: Pacman demands $10million penalty per pound
BREAKING NEWS: PACMAN DEMANDS $10MILLION PENALTY PER POUND
Dec 222009
Pacman demands
By Nick Giongco
For fear of being outsmarted by Floyd Mayweather Jr., Manny Pacquiao, by way of his lawyer Franklin Gacal, said in a text message late Tuesday night in the Philippines that the Filipino fighter will be “demanding a penalty of $10 million per pound or a fraction thereof over and above 147 lbs during the weighin” in relation to the March 13, 2010 fight at the MGM Grand in Las Vegas. Gacal, however, made it clear that the “penalty applies to both fighters”, meaning if Pacquiao fails to make weight, he will also be forced to cough out the same amount.
Against Juan Manuel Marquez last September, Mayweather was compelled to pay Marquez a total of $600,000 for coming in at 146 lbs. The agreed weight was 144 lbs. Mayweather went on to beat the overpowered Mexican on a lopsided 12-round decision. It is unclear if Mayweather will agree to what appears to be an over-the-top demand by Team Pacquiao. Top Rank and Golden Boy Promotions are staging the fight and a formal annoucement is being awaited anytime this week. Both fighters are guaranteed a purse of $25 million each and their total earnings can go up to as high as $40 million apiece.
Dec 222009
Pacman demands
By Nick Giongco
For fear of being outsmarted by Floyd Mayweather Jr., Manny Pacquiao, by way of his lawyer Franklin Gacal, said in a text message late Tuesday night in the Philippines that the Filipino fighter will be “demanding a penalty of $10 million per pound or a fraction thereof over and above 147 lbs during the weighin” in relation to the March 13, 2010 fight at the MGM Grand in Las Vegas. Gacal, however, made it clear that the “penalty applies to both fighters”, meaning if Pacquiao fails to make weight, he will also be forced to cough out the same amount.
Against Juan Manuel Marquez last September, Mayweather was compelled to pay Marquez a total of $600,000 for coming in at 146 lbs. The agreed weight was 144 lbs. Mayweather went on to beat the overpowered Mexican on a lopsided 12-round decision. It is unclear if Mayweather will agree to what appears to be an over-the-top demand by Team Pacquiao. Top Rank and Golden Boy Promotions are staging the fight and a formal annoucement is being awaited anytime this week. Both fighters are guaranteed a purse of $25 million each and their total earnings can go up to as high as $40 million apiece.
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