Tweet
Koncz won't advise Pacquiao-Marquez IV
By Joaquin Henson The Philippine Star Updated November 14, 2011 12:00 AM
LAS VEGAS – If you ask Michael Koncz, he’ll tell you forget about dreaming of a fourth fight between Manny Pacquiao and Juan Manuel Marquez because the fans won’t want to pay for another close encounter with a indecisive conclusion.
Pacquiao’s adviser said the reason why it took three years to stage the third bout at the MGM Grand Garden Arena here Saturday night (yesterday morning, Manila) was because their styles almost neutralize each other. Their first meeting was in 2004 and the rematch was staged four years later.
“I don’t think fans will want to pay to watch another Pacquiao-Marquez fight,” said Koncz. “What for? It’ll be as close as the first three fights and they’ll be debating forever on who deserved to win.
For Manny, I think it’s time to move on and find somebody else to fight.
“Honestly, we wouldn’t have taken this fight against Marquez if the money wasn’t too good,” said Koncz.
He agreed that in the third fight, several rounds could’ve gone either way but the judges will always give the benefit of the doubt to the aggressor.
“Manny pressed the action, that was clear,” he said. “Manny was the aggressor. Marquez did exactly what he knew he’d do. He waited to counter. Against an aggressor, Marquez isn’t going to win too many close fights that way.”
Koncz declined to disclose exactly what was Pacquiao’s purse for the fight but sources said he was guaranteed a $22 million paycheck plus a share in the pay-per-view upside.
Writer Lem Satterfield revealed that public records held by the Nevada State Athletic Commission showed that Pacquiao’s purse was $6 million.
Koncz explained that Pacquiao signs two types of contracts for each fight - a regular fight contract submitted to the commission which is a public document and a promotional contract which is private and confidential.
The $22 million paycheck is a guarantee from Top Rank and includes a share of the pay-per-view buys.
If the fight registers 1.5 million hits, it will gross $82.5 million from the pay-per-view income stream. Since Pacquiao’s guarantee is $22 million and Marquez’ is $5 million, the proportion to be used in cutting up the pay-per-view upside between the boxers should be 80-20.
Assuming 30 percent of $82.5 million is set aside for the protagonists, Pacquiao’s slice of the pie could amount to $20 million so his total take-home would be about $26 million.
The higher the pay-per-view sales are, the bigger Pacquiao’s share. There is speculation that once the numbers are added up, Pacquiao could gross some $30 million excluding tax.
By Joaquin Henson The Philippine Star Updated November 14, 2011 12:00 AM
LAS VEGAS – If you ask Michael Koncz, he’ll tell you forget about dreaming of a fourth fight between Manny Pacquiao and Juan Manuel Marquez because the fans won’t want to pay for another close encounter with a indecisive conclusion.
Pacquiao’s adviser said the reason why it took three years to stage the third bout at the MGM Grand Garden Arena here Saturday night (yesterday morning, Manila) was because their styles almost neutralize each other. Their first meeting was in 2004 and the rematch was staged four years later.
“I don’t think fans will want to pay to watch another Pacquiao-Marquez fight,” said Koncz. “What for? It’ll be as close as the first three fights and they’ll be debating forever on who deserved to win.
For Manny, I think it’s time to move on and find somebody else to fight.
“Honestly, we wouldn’t have taken this fight against Marquez if the money wasn’t too good,” said Koncz.
He agreed that in the third fight, several rounds could’ve gone either way but the judges will always give the benefit of the doubt to the aggressor.
“Manny pressed the action, that was clear,” he said. “Manny was the aggressor. Marquez did exactly what he knew he’d do. He waited to counter. Against an aggressor, Marquez isn’t going to win too many close fights that way.”
Koncz declined to disclose exactly what was Pacquiao’s purse for the fight but sources said he was guaranteed a $22 million paycheck plus a share in the pay-per-view upside.
Writer Lem Satterfield revealed that public records held by the Nevada State Athletic Commission showed that Pacquiao’s purse was $6 million.
Koncz explained that Pacquiao signs two types of contracts for each fight - a regular fight contract submitted to the commission which is a public document and a promotional contract which is private and confidential.
The $22 million paycheck is a guarantee from Top Rank and includes a share of the pay-per-view buys.
If the fight registers 1.5 million hits, it will gross $82.5 million from the pay-per-view income stream. Since Pacquiao’s guarantee is $22 million and Marquez’ is $5 million, the proportion to be used in cutting up the pay-per-view upside between the boxers should be 80-20.
Assuming 30 percent of $82.5 million is set aside for the protagonists, Pacquiao’s slice of the pie could amount to $20 million so his total take-home would be about $26 million.
The higher the pay-per-view sales are, the bigger Pacquiao’s share. There is speculation that once the numbers are added up, Pacquiao could gross some $30 million excluding tax.
Comment