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So let me get this straight?
Arum was only g'teeing Manny's purse. Fine.
Floyd had his own g'tee. Fine.
Floyd offered Manny $40million, instead of a share in revenue. Not so fine for Manny in a pride sense.
Manny walks away with Arum's g'tee of $50mill (according to Arum, don't quote).
So Manny still walks away with at lease $90mill with $40mil (wired in 48 hours), that Arum can't touch. If he goes for the 50/50 rev split, he actually takes away less because more goes to Arum.
The $40mill buyout is actually better for Manny, but worse for his promoters/Advisors. Floyd is still a greedy swine, but he'd get taxed more and the money goes to the IRS.
Is this accurate??
Question, does Manny Pacquiao pay the U.S any taxes???
Arum was only g'teeing Manny's purse. Fine.
Floyd had his own g'tee. Fine.
Floyd offered Manny $40million, instead of a share in revenue. Not so fine for Manny in a pride sense.
Manny walks away with Arum's g'tee of $50mill (according to Arum, don't quote).
So Manny still walks away with at lease $90mill with $40mil (wired in 48 hours), that Arum can't touch. If he goes for the 50/50 rev split, he actually takes away less because more goes to Arum.
The $40mill buyout is actually better for Manny, but worse for his promoters/Advisors. Floyd is still a greedy swine, but he'd get taxed more and the money goes to the IRS.
Is this accurate??
Question, does Manny Pacquiao pay the U.S any taxes???
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