Arum: "GBP is trying to stop Pac-Margarito when they're entitled to 25% of profits.."

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  • Gino Ros
    The Future King.
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    • Aug 2010
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    #111
    Originally posted by FeFist
    I didn't know GBP recieved a piece of Pacquiao's pay check. Why?
    oscar is a theif. he wants mannys money but he isnt doing anything for manny

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    • lfc19titles
      Undisputed Champion
      • Mar 2010
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      #112
      Originally posted by Gino Ros
      can some body tell me why manny signed with 2 promoters
      Oscar offered him a huge signing on bonus, manny signed

      Top rank offered him an even bigger one I think and convinced him to return the signing on bonus back to oscar and sign with them. they told him they would deal with getting him free of gb and paying them

      So now part of what top rank get from manny, 25 percent goes to golden boy

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      • Gino Ros
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        #113
        Originally posted by lfc19titles
        Oscar offered him a huge signing on bonus, manny signed

        Top rank offered him an even bigger one I think and convinced him to return the signing on bonus back to oscar and sign with them. they told him they would deal with getting him free of gb and paying them

        So now part of what top rank get from manny, 25 percent goes to golden boy
        ok. thank you.

        it was not the best move by manny. i am not a boxer but i know that you can not sign two contracts.

        lebron knows that he could not sign with two teams. have this ever happened to any body else?

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        • Gino Ros
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          #114
          Originally posted by lfc19titles
          Oscar offered him a huge signing on bonus,
          how much? like five millions?

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          • OnePunch
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            #115
            Originally posted by Gino Ros
            how much? like five millions?
            300k advance in a duffle bag.........lol


            and the reason Arum made a settlement with Golden Boy (even though it wasnt his fault Pac signed 2 contracts) is because Arum didnt want to take the chance that perhaps a court might rule in GB's favor and invalidate Arum's contract.

            So in essence, he felt that a guaranteed 75% of Pac's promotional profits was better than a possible 100% of nothing..............

            He's no fool.

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