Pac's arrangement with TR is something like 45% to MP Promotions, 27.5% to TR/Arum and 27.5% to Pacquiao.
27.5% of $20m is around $5.5m which is most likely reported to the commission as his purse (which is not the same as guarantee).
Arum claims that Pac does this for tax purposes... The same tax purpose that got Pac in trouble, lol.
27.5% of $20m is around $5.5m which is most likely reported to the commission as his purse (which is not the same as guarantee).
Arum claims that Pac does this for tax purposes... The same tax purpose that got Pac in trouble, lol.
Comment