Manny "MONEY" Pacquiao wants $ 22.5 MILLION Guaranteed for Margarito!! or NO FIGHT!
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But "profit" is not just about one fight knowwhatimsayin. Bob could lose on this fight but make it up when manny and floyd fight. He could not pay it, let manny buy him out, then put on big fights for the rest of the big top rank guys and make some money.
I see your point but you don't let the 2nd biggest grossing fighter walk for mothing.
because against Mayweather they will not get no more than 50% at best.
and then he would have paid Pacquiao $22.5 and $25 Million guaranteed for 2 fights in a row.
Not good business.
Add in the fight he would have to share the pie with Mayweather and gbp or Don King instead of keeping it in house like with the Margarito fight.
Pacquiap vs. Margarito is the fight where he would net the biggest profit.
however Pacquiao wants to get paid like the best now.. and Bob Arum now has a problem on his hands.Comment
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[IMG]http://i15.***********.com/albums/a388/xxboxx65/GIFS/1181911796832.gif[/IMG]
Bob Arum is in a tough spot.
Like I said before,
Why would Arum tell Pacquiao "NO" if he thinks Pacquiao should be paid like Mayweather?
Because if Arum denies Pacquiao's request he is basically telling Pacquiao he is not a big of draw as Mayweather, and therefore undercutting his argument that Pacquiao deserves 50% against Mayweather.
I can not help but believe that Pacquiao saw the contract on Mayweather's twitter page and was like
"WTF" why isnt Bob Arum guaranteeing me $25 Million per fight !!!
real talk.
Mayweather making $22.5 on guaranteed money alone, plus PPV money, for the Mosley fight which netted him $40 according to every report must have had team Pacquiao rethinking their business model.Comment
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Manny should be grateful he's going to get more than 12M because Arum is taking a gamble putting Pac in the ring against Margacheato.
No way in hell is Manny worth 25M!! He needs to stop acting like a ****ing diva during contract negotiations.
Pacquiao: Pay me or I won't fight him.
But if he has to guaranteed Pacquiao $22.5 Million than Arum is taking a HUGE gamble putting Pacquiao in the ring with Margs..
because he will lose so much money if the fight doesnt do huged numbers on PPV and at the Gate.Comment
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Let's see what Bob Arums thinks about this..
Because if Arum denies Pacquiao's request he is basically telling Pacquiao he is not a big of draw as Mayweather, and therefore undercutting his argument that Pacquiao deserves 50% against Mayweather.
Remember Arum said Pacquiao is a bigger draw than Ali, but Arum doesnt want to pay him like AliComment
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Arum has been telling Pacquiao and the media that he is the biggest draw ever even bigger than Ali, and now Pacquiao is telling Arum well pay me like the biggest draw ever !!!
Classic...
I can not wait to see how Arum handles this.!!
[IMG]http://i15.***********.com/albums/a388/xxboxx65/GIFS/1181911796832.gif[/IMG]Last edited by Horus; 08-17-2010, 01:19 PM.Comment
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Manny "MONEY" Pacquiao wants $ 22.5 MILLION Guaranteed for Margarito.
It has been reported by several sources that Pacquiao has demanded Bob Arum guarantee him more money than Floyd Mayweather got against Shane Mosley in May. Which According to contracts filled with The Nevada Athletic Commission was $22,500,000.
Manny "MONEY" Pacquiao wants to become the highest paid fighter in boxing, and he is now demanding Bob Arum make it happen for the Margarito fight.
According to numerous reports, Manny is asking for one dollar more Guaranteed Money than what Mayweather receive for Mosley which would be
$22,500,001.
Which now the question has to be asked, Why is Manny Pacquiao so concerned about making the exact amount Mayweather made for his last fight against Mosley, better yet he wants 1 dollar more.
Based on Pacquiao previous Guaranteed Purses, His demand of $22,500,001.
Dollars should be considered absurd.
Because as showed the figures below, he is only averaging $ 7.16 Million guranteed in his last 6 fights, and his highest Guaranteed Purse was $12 Million according to most reports.
Remind you that, in order for HBO and Top Rank to break even on that request Manny vs. Margarito would have to at least hit 1.2 Million buys which would probably net $54 Million in PPV revenue, and his gate would have to exceed $10 Million dollars.
Question of the Thread
So the question now is, do you guys think Manny is justifed in his request of a guarantee of $22,500,001 million dollars against Margarito considering his past Fight Revenue income generated?
Manny Pacquiao Guaranteed Purses:
Pacquiao $12 Million vs. Clottey $1.5 Million
Pacquiao $7.5 million vs. Miguel Cotto $4 Million
Pacquiao $12 million vs. Ricky Hatton $11 Million
Pacquiao $6 Million vs. De la Hoya $20 Million
Pacquiao $3 million vs. David Diaz 800k
Pacquiao $2.5 Million vs. Juan Manuel Marquez 2 $500
Pacquiao $650.000 vs Juan Manuel Marquez $500k
Manny Pacquiao Average Guaranteed Purse for his Past 6 Fights: $ 7.16 Million
Pacquiao's 12 pay-per-view fights
6.25 million buys and $320 million
June 2008: Pacquiao vs. David Diaz 250k PPV = $12.5 Million
Dec 2008: Pacquiao vs. De la Hoya 1.25M PPV= $70 Million
May 2009: Pacquaio vs. Ricky Hatton 800k PPV= $43 Million
Nov 2009: Pacquiao vs. Miguel Cotto 1.25 M PPV = $68 Million
Mar 2010: Pacquiao vs. Joshua Clottey 700k PPV= $35 Million
other ppv:
Pacquaio vs. Morales 350,000 PPV
Pacquiao vs. Morales II- 355,000 buys
PACQUIAO vs. BARRERA 350,000 PPV
Pacquaio vs. Marquez I 360,000 PPV
Pacquaio vs. MarquezII 400,000 buysComment
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