Pac/Arum talking 5 fight extension for 2 more years

[Hougigo]

espn pays 10-20 grand for a main event on fnf...

they are not going to broadcast manny pacquiao fights. they'd have to get them for next to nothing, the way they do with a klitschko fight as a second fiddle broadcaster.

that will never happen.

That's on ESPN2, not ESPN main

[FrankieClutch]

right,, assuming provo keeps winning fights then yea ur absolutely right. pac-jmm 5 n pac-ruslan are the only big fights left literally. vargas mikey are joke fights for pac.

Exactly. Especially considering the fact that Mikey would have to be rushed like crazy to get him to 147. He just fought at 130 smh

[lfc19titles]

This is bad news for boxing if it happens. Why wouldn't Manny want to follow in the footsteps of De La Hoya, Mayweather, and Cotto and become a free agent and keep most of his money? This smells like everything else Arum and Kontz seem to get involved with. The entire PacMan era has seemed dirty from the 18 day cutoff with the blood back in 2009 along with the 5 million per lb thing they wanted Floyd to sign, to the countdown clock, to them wanting Shane to give blood but they wouldn't, to Arum's Stadium BS, to Manny not trying to work with Floyd when he received the call, to Roach saying Ariza was shady to the allegations Kontz and Arum we're in bed together and ******** Manny on his contracts, to them not releasing the PPV numbers and lying about them, to the Tax problems recently, and everything else I forgot to mention.

SMH - and because it's a shady relationship is even the consideration of re-upping with Top Rank even happening. Manny is broke and there is only so much Arum can promise him without the Floyd fight.

Hopefully someone breaks this entire story wide open one day and the truth from 2009 till now comes out.

shady is asking for 14 days, only to change his terms when the other party agrees to it

asking for 7 days, only to change his terms when the other party agrees to it

asking for 0 days, only to change his terms and go on vacation

shady is suddenly giving a low ball offer and refuse to negotiate a fair deal


shady is then demand the other party works for him for 3 fights before a fight is made

shady is wondering why the leaving his promoter excuse was never used at the start

there is nothing shady with this contract extension, I agree that pac needs to handle his own business and be a free agent, but frankly, he has little interests in self promotion, because he will need to hire various people to do it for him like floyd or cotto has

who has golden boy got to offer? they have 0 and I mean 0 ppv stars apart from canelo, even if pac went to golden boy, floyd would make a new excuse to duck him, the world knows this. WHo would pac fight? khan? 500k ppv buys, broner? 300k and so on.

THe biggest fights in terms of making money for manny that are realistic are canelo, cotto and marquez. Cotto is out of the picture and canelo means manny must sign a 3 fight deal or something ****** as always with promoters

mannys best option are to stay with tr

golden boy have nothing, hence them losing millions per year

[#YOLO]

**** off PAC

[BOXEO _]

I think the last fight will be Pac/Bradley 3. Arum still has plans on Bradley being his next big star. In two years Pac will be hitting 40 years old and he'll probably lose to Bradley in the trilogy. This is the real reason why Bradley "won" the first fight. Arum had this planned all along.

[STREET CLEANER]

Bob and Konz are trying to convince Pac that they are the only ones that can guide him out of his tax troubles and entagle the him again in a long contract.

Bob said that he would never have Pac fight in the US again because of taxes and his very next fight was in Vegas.

[AP♠]

You gotta be kidding me this guy will never learn, just when I was hoping there wasn't no extension and a possible fight Pacquiao once again doesn't make the opportunity happen what a joke if he does.

[22k]

Floyd and Manny both have their own companies..why not make the fight on their own just like Calzaghe and Roy did..simple as that

Neither company has a promoter's license in Vegas or anywhere else as far as I know. They need to work with an established promoter to get any shows off the ground.

http://entertainment.howstuffworks.c...g-promoter.htm

A boxing promoter is in charge of setting up and paying for everything involved in a boxing match and making sure all legal requirements are met at every step along the way. The promoter assumes all financial risk associated with the event, whether that means the promoter is paying for the event him- or herself or is securing a number of secondary investors to guarantee the costs are met. And when we talk about costs, we're talking about every single thing involved in a fighting event, from the plastic cups the beer is served in to the chairs for each corner of the ring to the ring itself, the round-number girl, the referee, the ticket sales, advertising, licenses and making sure the scales used for weigh-in are properly calibrated. A big-time promoter will often contract out a lot of the details, while a small-time promoter is probably standing in line at the state boxing commission's office to obtain the necessary licenses for a fight and is measuring the ring dimensions to make sure its up to code. But either way, the promoter is ultimately responsible if anything doesn't meet legal requirements or if something goes wrong and the ambulance isn't waiting right outside the venue with exactly two qualified paramedics.

The fact that the promoter is assuming all of the financial risk in setting up a fight means that he or she also logically expects to get a huge chunk of the profit brought in by that fight. This is where the promoter's interests are directly opposed to the boxer's interests. The promoter and the boxer's manager negotiate the boxer's "purse" for the fight -- how much money the boxer takes home for stepping in the ring. The boxers' respective purses are a cost involved in setting up the fight, just like supplying an ambulance and food vendors are costs. The larger a boxer's purse, the smaller the profit the promoter takes home. So the promoter's financial interests are best served by minimizing the boxer's purse as much as possible, and an unscrupulous promoter will take advantage of a young, hungry boxer who just wants to get in the ring and show what he or she can do. It's up to the manager to make sure the boxer gets a fair chunk of the pie. The promoter has no duty whatsoever to be fair to the boxer.

But while a promoter is going to do everything in his or her power to minimize costs, the interests of a boxer and a promoter do align in a general way in that both of them benefit from a well-publicized fight. The biggest skill involved in being a great promoter is being a great promoter -- knowing how to market and advertise a fight so that it appeals to the broadest possible demographic. It's knowing how get the most paying customers to want to see the fight. In this day in age, that usually means knowing the ins and outs of the pay-per-view system and getting all sorts of people, not just boxing fans, to pay a lot of money to get the fight on their home TV. For the promoter, a well-publicized, expertly marketed fight means profit. For a skilled boxer, it means going from "boxer with marquee potential" to "marquee boxer." And marquee boxers can negotiate huge, huge purses.

In the end, a boxer is best served when he signs on with a skilled promoter and sends in a loyal, dedicated manager to do the financial negotiating. Boxers who achieve not only success in the ring but also long-term financial success know to surround themselves with people who know the business of boxing as well as those who know the art.

Also more interesting stuff here

http://www.badlefthook.com/2012/3/5/...riorkis-gamboa

With the news today that Yuriorkis Gamboa might be going to Mayweather Promotions, many people have been asking a number of questions about this organization. First of all, Mayweather Promotions is a limited liability company (an LLC) in Nevada. Being a LLC in Nevada has a bunch of tax advantages including no personal income tax, no corporate tax, no gift tax, and no unitary tax. There are also liability advantages for being located in Nevada including the fact that officers (C-level, presidents, vice presidents, etc.) cannot be sued as an individual for actions tied to the company, except for outright fraud. There are a bunch of business-friendly privacy laws in Nevada as well. I assume that there is some liability and tax advantages for funneling Mayweather's cash through Mayweather Promotions, and that's why it exists.

Now you may have heard either Scott or many other people say that Mayweather promotions is not a licensed promotional company as can be seen here. In Nevada, you have to go through a licensing procedure before the Nevada State Athletic Commission would recognize a LLC which are listed on the NSAC website. Essentially, there is a bunch of paperwork to fill out and there is a sizable fee to pay to NSAC.

It is not a difficult procedure but once you become a licensed promoter, the company becomes responsible for a ton of logistics related to putting on a fight. The promotional company is responsible for paying officials, drug and steroid testing, primary medical insurance for the fighter, making sure an ambulance is at the arena, paying ticket fees, paying television fees, submitting the appropriate paperwork, scheduling the proper events, getting the proper licenses, hire a ring announcer, make sure the fighters have appropriately stocked dressing rooms, a proper scale for the weigh-in, supplying approved gloves, issuing credentials, and giving officials parking passes. Whew, that's a whole lot of stuff, and it's why Mayweather Promotions does not want to become a licensed promoter.

I would assume that Mayweather Promotions would need to hire a bunch of people to make sure all of these logistical issues are appropriately handled. Basically, they would need to have an actual business and I don't think Floyd has any interest in the logistics of a fight.

Whenever a "Mayweather Promotions" fighter like Jesse Vargas fights, the promoter responsible for these logistics is Golden Boy Promotions. This is why Scott and others frequently call Mayweather Promotions a poster and nothing more.

[littlemac]

try free agency, Manny...let these promoters bid for your fights on a fight by fight basis...you'll make more

Manny rather resign and hide behind Arum all the way to bankruptcy then face Floyd.

[QballLobo]

Pacquiao is going to be a future President of his country. He will never be broke. He doesn't need the Floyd fight as much as people think.