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

[istmeno]

even as well as some have tried to explain this, some on here still need a special ed teacher to understand.

Profit is what is left over after everyone is payed. that includes manny's purse. the profit belongs to arum. out of what arum makes gbp takes 25%.
it has nothing to do with manny's expenses out of his purse.

10,000,000 total revenue

6,000,000 in costs i.e. fighters purses(including manny) television commercials billboards, misc expenses.

leaves 4,000,000 profit for bob. out of that 4 million 25 % goes to gbp.

[Left Hook Tua]

I read that article and this is what is says:

"Arum, though, pointed out that Golden Boy still has a piece of Pacquiao and will be entitled to 25 percent of the profits from Pacquiao’s side from the Margarito fight."

it didn't say anything about what Arum makes?

by profits he means the promotional profits from pacquiao's side.

25% of what top rank makes from pacquiao's end.

[War Dinamita]

it doesn't work that way.

gbp gets 25% of top rank's cut when pacquiao is not fighting gbp fighters.

gbp co-promotes pacquiao 50/50 with top rank when pacquiao is fighting a gbp fighter.

Why did Manny filed the lawsuit against DLH and GPB because he didn't want to pay them anymore?

Why does he care if Arum has to pay GBP out of his cut? This **** makes no sense... people said on here that Manny filed the lawsuit because he didn't want to pay GBP 5% of his purse anymore.

[Gino Ros]

even as well as some have tried to explain this, some on here still need a special ed teacher to understand.

Profit is what is left over after everyone is payed. that includes manny's purse. the profit belongs to arum. out of what arum makes gbp takes 25%.
it has nothing to do with manny's expenses out of his purse.

10,000,000 total revenue

6,000,000 in costs i.e. fighters purses(including manny) television commercials billboards, misc expenses.

leaves 4,000,000 profit for bob. out of that 4 million 25 % goes to gbp.

im not a busines expert but i know the diff between profit and fee. im sure arum knows too.

if it was 25% of the fee arum would say 25% of the fee. but he said 25% of the profit.

[Gino Ros]

Why did Manny filed the lawsuit against DLH and GPB because he didn't want to pay them anymore?

Why does he care if Arum has to pay GBP out of his cut? This **** makes no sense... people said on here that Manny filed the lawsuit because he didn't want to pay GBP 5% of his purse anymore.

yes. if manny made the mistake why would arum lose millions because of mannys mistake? the gb money comes from manny

[starkiller]

It shouldn't be about profit, it should be about right and wrong. And Golden Boy is right, **** Margarito and **** Bob Arum's greedy ass.

[Left Hook Tua]

Why did Manny filed the lawsuit against DLH and GPB because he didn't want to pay them anymore?

Why does he care if Arum has to pay GBP out of his cut? This **** makes no sense... people said on here that Manny filed the lawsuit because he didn't want to pay GBP 5% of his purse anymore.

pacquiao's thing is the "defamation" bull****.

arum is trying to use that as a way to get gbp rights off of manny.

[Left Hook Tua]

It shouldn't be about profit, it should be about right and wrong. And Golden Boy is right, **** Margarito and **** Bob Arum's greedy ass.

and if golden boy had margarito and top rank had marquez , they'd both be on opposite sides of the issue.


just like the blood testing bull****.

when zab wanted extra testing for shane , golden boy fought it tooth and nail.

then they were on the opposite side when it came to floyd-pac.


in the end promoters side with their fighter.

[PACnPBFsuck]

by profits he means the promotional profits from pacquiao's side.

25% of what top rank makes from pacquiao's end.

That's good stuff.

[Gino Ros]

i just read the artcle and arum said ' a piece of manny pacquiao's profits'.

arum is not talking about what bob arum or top rank gets paid.