I don't know how many times it has to be explained. Pacquiao's base salary is $6 million. His guaranteed salary is $26 million, not including the pay-per-view and other sources of revenue. His guarantee is 6 million short of Mayweather's $32 million, but Mayweather guaranteed the money to himself where Top Rank guarantees that money to Pacquiao regardless of how bad the buyrate actually is.
I'm no tax expert, but wouldn't that be illegal? One would think the IRS would be all over them for something like that. Although I'm sure Pac has some smart people working for him that know the loopholes of taxes a lot more than the average person.
That's why it's a bad idea to let VisionQuest snoop around, IRS will audit the hell out TR if VQ finds the numbers to be F'ed up.
6 million for Pac and 5 million for Bradley, that can only mean one thing, the PPV and Gate must be 80-20 or 90-10 for PAC.
If it is a legal loophole, I'm wondering why "Money" isn't doing it as well. Seems like he'd save a lot more money from Uncle Sam since he's always *****ing about taxes raping him.
That's why it's a bad idea to let VisionQuest snoop around, IRS will audit the hell out TR if VQ finds the numbers to be F'ed up.
6 million for Pac and 5 million for Bradley, that can only mean one thing, the PPV and Gate must be 80-20 or 90-10 for PAC.
For this particular fight I think an 80-20 split would be extremely generous. I don't think this is a purse split fight at all though. Bradley has to be getting some kind of flat fee since he's almost a relative unknown commodity to people outside the boxing world.
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