Comments Thread For: Pacquiao's Lawyers Have Suit For $10 Million Under Control

[Gino Ros]

yeah, arum would really lie about his guarantee, if he did, he would have been sued for it by manny

gbp evidence is good as words from a crack whore....

didnt nevada confirm pacs guarantee was 12m?

i understand that you are feeling ashamed right now. no problem, kababayan.

i'm not holding this against you, parekoy

[lfc19titles]

could it be his got 7.5m plus another 7.5m in ppv performance?

the fight made around 70m dollars, pac def got around 15-20m for that fight, if he did not, there would have been huge issues made out of it by pac and his team

[infamous larryx]

why are ya'll on here arguing what another man makes???

[lfc19titles]

why are ya'll on here arguing what another man makes???

im not argues, im just trying to understand, the other guy just starts posting weird numbers in threads about pac, just trying to make sense of it all

[Gino Ros]

could it be his got 7.5m plus another 7.5m in ppv performance?

the fight made around 70m dollars, pac def got around 15-20m for that fight, if he did not, there would have been huge issues made out of it by pac and his team

you said guaranteed. arum said guaranteed.

i think we all know what a minimum guarantee is. right?

have you read the lawsuit? the entire basis is that arum and pac say one thing publicly and to their business partners and then the actual contract filed with nsac says something completely different.

here is another example:

http://sports.espn.go.com/sports/boxing/news/story?id=3854403

"Manny has assured me that he has signed the contract and was going to announce it to the Filipino press," Arum said.

Pacquiao's $12 million guaranteed purse -- $1 million more than he was guaranteed when he defeated Oscar De La Hoya on Dec. 6 -- probably had a lot to do with it.

"I think everyone [on Pacquiao's negotiating team] finally came to the realization of where we are in the world and where this economy is," Arum said.

Then Kizer came forward and said that the real guarantee was $7.4 million.

Arum can lie to the media (initially) and fool the people who get all their information from the boxing boards. But eventually, he has to file the contracts with NSAC, and that is when the truth comes out.

Sooo, who is lying: Arum...or Kizer?

[LeadUppercut]

Yeah, I said it yesterday it is low for the amount it is generation, his guarantee should be at 20m, he should also be earning around 30m in total in these fights, instead he is making around 25m for fighting marg

Suppose he does get his perks, free private jet flights, support from Arum and his associates lets call them for political reasons

Perks?

Hoya and Mayweather went down the path they took because they want all of the middle-money to end up in their own pockets, not in Bob Arum's.

Where do you think that extra $5-10 mil went ?

Now can you see why Bob Arum went through the facade of negotiating with GBP for a Mayweather fight, when he always intended for this fight to happen ?

Bob Arum has been doing this for 40 years, and his primary concern is not Manny Pacquiao, and it is not the sport of boxing..... Bob Arum's primary concern is, Bob Arum.

[LeadUppercut]

Further, Golden Boy said it does not know whether Top Rank is also "seeking to defraud Pacquiao and his promotional company, M-P Promotions, or whether they are participating in the fraud and are receiving payments based upon the unreported sponsorship income."

Among various accounting issues that Golden Boy alleges in the Cotto fight is that Top Rank purposefully misreported "at least $6 million available to distribute" to Golden Boy and Top Rank by falsely reporting Pacquiao's purse. Golden Boy says it received accountings from the fight saying Pacquiao's purse was $15 million, but that the bout agreement on file with the Nevada State Athletic Commission, which oversaw the fight in Las Vegas, lists Pacquiao's purse as $7.5 million, raising the question of where the other $7.5 million went.

In addition, the suit contends that Top Rank knowingly inflated the costs of the undercard by $800,000 "in an effort to show less profit for the bout, thereby fraudulently reducing the amount of money due to GBP."

http://sports.espn.go.com/sports/box...ory?id=5601657

Gino can see what's going on.....
what's up with the rest of you guys ?

Bob Arum has been doing this for 40 years.

[ModernTalking]

why are ya'll on here arguing what another man makes???

Because we love money and it's not our duh. No report me, I no racist, I scared.

[komandante]

This lawsuit is all BS, American style to milk the cash cow.

[Gino Ros]

This lawsuit is all BS, American style to milk the cash cow.

manny can countersue on the grounds that he cant read.