$40 mill is a great offer for Pac , but its not a good offer for Arum and that is why the fight wont happen Bob wants 50/50 , Arum wants to cash out on Pac and Floyd beating him now wont allow that , Arum wants Pac vs Floyd to be Mannys last fight , then it doesnt matter to Bob whether Pac wins or loses .
Announcement
Collapse
No announcement yet.
Dissecting the 40 mil offer
Collapse
-
This reminds me of one of the thousands of blood test threads from the past 2 years. "this is why manny should take floyds tests"...and ended with "it is now the only thing now holding up the fight"
How much of a joke that turned out to be. Its always something new with floyd and his disciples
Comment
-
Originally posted by Javii86 View PostThat's what I've been thinking that Floyd should offer Pac a guarantee that that would be on par with the money Pac could get with a 50/50 promotional split.
Comment
-
Originally posted by shogunn View PostThis reminds me of one of the thousands of blood test threads from the past 2 years. "this is why manny should take floyds tests"..."it is the only thing now holding up the fight"
How much of a joke that turned out to be. Its always something new with floyd and his disciples
Comment
-
ok ill bite. 1.8 mill/2 = 900k. 900k for hbo and 900k to floyd and pac (with an even split) so 450k to floyd and 450k to pac. 450k x $60 (ppv price)= $27 million now add in the gate, guarantees, sponsors and yes, they stand to make over 40 mill.
__________________
Nope try again i don't feel like doing the exact math but Bob Arum gets 27.5% of Pacs purse right off the bat so im going to do some deductions you said 450k x 60 = 27 mill - 27.5 percent for Arum - 10% for konz - 10-15% for GBP- a couple mill for freddie roach - 40% taxes he's not gonna be left with hardly nothing. And all that backend money comes in 3 months- 1 year and half after the fight so how is pacquiao going to keep up with it he really cant that's how Arum takes almost all of his back end money if Pacquiao needs some more money Arum gives him advances that he has to pay back with interest but what Pacquiao doesn't know is that's his money to begin with he's making Pac pay him back money that belongs to Pac in the first place i mean it's crazy. Arum might go here is 500,000 he has to pay it back with interest then pac goes throught it then he comes back and goes i need more money ok here is 700,000 now you owe me 1.2 mill and some change because of interest but that's pac's money he doesn't know it so it gives Arum an excuse to say ill take it out of your next fight but it's all Pac money anyway
Vision Quest told Pacquiao he didn't even get Paid for the clottey fight but i think his guarantee was like 20 mill but you see how pacs purse's with TR are always 6 mill with 20 mill guaranteed or 5 mill with i don't know another number say 15 mill guaranteed well he gets the 6 mill before the fight but you don't get the other 14mill unless the fight reaches certain PPV numbers and overall revenue that Arum wants that's what people don't know. So alot of times he just gets the smaller amount Arum probably lies to him about PPV numbers and overall revenue so he can keep it for himself then when pac gets like 6 mill then 27.5 percent to arum then taxes, then konz, them gbp, he's broke really compared to what he should be making. That's how promoters like ARUM AND DON KING HAVE BEEN ROBBING FIGHTERS EVEN WITH A GUARANTEED PURSE THEY HAVE BEEN DOING IT FOR YEARS.
Then the fighter goes im geeting robbed blind then they wan't to sue but all Arum will do is counter sue and it will stay in the courts for years and with all the millions you would spend on legal fees it's not worth it ask Mayweather it beren 10 plus years and he still hasn't gotten those millions from Arum.
I don't feel like schooling y'all anymore on the business of boxing bottom line is Pacquiao won't make close to 40 million with Arum so his best bet is to leave Arum and take the 40 million and be able to keep most of it.
Comment
-
Originally posted by Reloaded View PostHe is ,,,, Arum takes the major cut from Pac , the higher the percentage the more Arum will shaft him .
Comment
Comment