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

[infamous larryx]

how is golden boy making a profit from pacquiao?

cause manny(being the genius he is)signed with top rank and golden boy days apart

[Frank Ducketts]

Basically the 25% is not comming directly off of Pacman.... Its comming off the money that is usally paid 100% to Arum.... Thus when Pacman fights Oscar take 25% of the money that Arum would usually take all of....

Math 101... Simple Example
Lets Say fight a fight makes $100

Arum Takes 25%- $25

Fighter "X" Takes 75% - $75 ( of this $75 fighter "X" Pays for trainer fees and other expenses


Now a fight That involves Pacman:


Arum Take 25%- $25. Now of that $25, Arum must give 25% of it to Oscar.
Thus, 25% of $25 dollars is $6.25, that will go to Oscar.

Pacman Take 75% - $75 (of this $75 Pacman Pays for trainer fees and other expenses)

If using 25% because that is what the article says.... its probably a bit less though

I'm more inclined to believe that percentage is 5%, but good post...

[Ray*]

Damn,Goldenboy gets 25 percent of mannys earning?Thats serious money.

Nah, GBP gets 25% from whatever Arum makes from Pac, Due to the issue of PAc signing two different contract with both promotional companies..

[spidey17]

exactly people tend to overthink things without using any logic

[Frank Ducketts]

Nah, GBP gets 25% from whatever Arum makes from Pac, Due to the issue of PAc signing two different contract with both promotional companies..

That sounds logical, but I doubt GBP's gets 25%...

[SuckaPunch]

lol, brings back memories when oscar allegedly "kidnapped" manny upon arrival at LAX, wined and dined him on a steak house, and held a case full of money (totalling $1M) and manny signed with GBP right there and then.

after the third fight with morales, manny signed with with top rank and tried to return the money to oscar.



in fairness to manny, after the incident and a few court cases later, gbp and tr stopped their long-time feud and did business with each other again.

[Russian Crushin]

Basically the 25% is not comming directly off of Pacman.... Its comming off the money that is usally paid 100% to Arum.... Thus when Pacman fights Oscar take 25% of the money that Arum would usually take all of....

Math 101... Simple Example
Lets Say fight a fight makes $100

Arum Takes 25%- $25

Fighter "X" Takes 75% - $75 ( of this $75 fighter "X" Pays for trainer fees and other expenses


Now a fight That involves Pacman:


Arum Take 25%- $25. Now of that $25, Arum must give 25% of it to Oscar.
Thus, 25% of $25 dollars is $6.25, that will go to Oscar.

Pacman Take 75% - $75 (of this $75 Pacman Pays for trainer fees and other expenses)

If using 25% because that is what the article says.... its probably a bit less though

Perfect explaination. Hopefully people will understand but doubt it

[Horus]

Damn Arum getting 27% of Pacquiao's Money and Oscar is getting 25% of Pacquiao's Money..

DAMN no wonder why Pacquiao wants $22.5 Million Guaranteed!!
lol

[Russian Crushin]

I'm more inclined to believe that percentage is 5%, but good post...

Yes but lets say Manny makes $100.

Arum takes $25 and Manny takes te rest and pays his dues

Now of that $25 that he gave to Arum, 25% goes to GBP, which is about $6.25

So from the whole share GBP gets 6.25% and thats right there with your 5%

So its totally possible

[SuckaPunch]

Damn Arum getting 27% of Pacquiao's Money and Oscar is getting 25% of Pacquiao's Money..

DAMN no wonder why Pacquiao wants $22.5 Million Guaranteed!!

why don't you apply your world-class math skills and compute how much will manny be netting of that $22.5M, please apply the horus treatment.