ESPN Reporting: Manny Pacquiao In Financial Trouble... Wow

[PRchamp]

Dam Manny say it ain't so. Guys like Arum and Koncz are scum, Manny needs to go back to Gary Shaw and sit on his lap

How much does MP Promotions make a year? How can Pacquiao all these leeches to drain his $$$$

[Weebler I]

Yes, keep blaming other people but themselves. Pacquiao is a known degenerate gambler. Pacquiao is nothing but a fraud.

Is he? I guess that makes two of them. Just a matter of time before gamblers lose it all. It's a disease.

[KickAzz]

pac feeding too many leeches, they ducking him dry

[billeau2]

Pacquiao is one of the dumbest people alive so this is no surprise.

Yeah thats the reason. Its that athletes are all so Dumb!!!

Your a MORON and a half buddy, take that to the bank and cash it.....

[Bigg Rigg]

that huge no taxed purse in macau will help him out

Now we know why he wanted to fight there

[billeau2]

pac feeding too many leeches, they ducking him dry

One can feed a lot of leeches....then turn around to leech a and say "no more leech A no more" Try saying that to the Tax Man.

Floyd told Arum to f---- himself, then he actually refused to give Arum a payday with Tatoo!!! and Floyd should rightly feel good about that.

BUT it won't prevent going broke. You go broke because to sustain the lifestyle, pay for the residual....i.e. the HOA fees on Floyd's condo, the property taxes, the schools, the social clubs, etc....while the IRS still cuts away, and then you find out you didn't pay enough to the IRS (notice how often that happens), well eventually you are left with no understanding of how things really work.

[DeadLikeMe]

Did no one else actually read the article?

http://espn.go.com/boxing/story/_/id...-jr?src=mobile

There's nothing new in it about Pacquiao's finances at all. It says that Pacquiao doesn't pay close attention to his finances and that he's managed by Michael Koncz. And that's about it.

Why else would anyone need to ask for advances unless they were lacking in funds?

Contractual obligations were part of the reason he stuck with Top Rank, and then there are those pesky advances to repay. Actually, Pacquiao could have had an opportunity to leave Top Rank when their contract expired at the end of 2013, but he has already signed an extension that will keep him in the fold throughout 2014. Veteran Philippines journalist Ronnie Nathanielsz thinks he knows why.

"He always gets advances before his fights and is therefore, in a sense, beholden to Bob Arum.

[Mr. Fantastic]

pac feeding too many leeches, they ducking him dry

This is the reason.

[Da Machine]

People talk about Mayweathers entourage, but Pacs is at least twice is big. He trusts to many people, and Arum is scum, so you know he's taking a larger chunk then he should. Probably Koincz is too.

[-MAKAVELLI-]

he broke doe