JCC Jr offered 7 million guarantee. 5 million for next fight if he won, 10 if he lost
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Arum said "Then we started talking about a proposal and, in essence, I offered him a deal based on the last fight that he had done with Pacquiao, where he wound up making like $12 million after all of the pay-per-view money. And then we further negotiated that he would make another million dollars more, so we loaded up a deal where I guaranteed $9 million plus an upside that would have gotten him to $13 million"Manny Pacquiao's first choice for his Dec. 8 HBO PPV fight was a rematch with Miguel Cotto but, as we all know by now, Cotto turned down Top Rank's offer and instead will challenge junior middleweight titlist Austin Trout on Dec.
"Bob said he offered us $13 million, but he never came to us with that offer," Cotto said. "He always offered us the same guarantee he offered us in 2009, with the same benefits, and that's not fair. He offered the exact same amount of money. Of course it's a business, but all we want is fair business. You can say to Bob to tell me he made that offer to me to my face, and you will see his reaction."
Miguel Cotto says that despite claims to the contrary, Bob Arum and Top Rank never offered $13 million to rematch Manny Pacquiao this fall.
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I think only the offer with the extension was good. Chavez said he just wants what he got paid vs Sergio and no extension. Seems fair.Comment
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I don't think Chavez is scared to fight, he just really doesn't want to be there. I guess their non extension offer was pooh, especially if it's 2.1 like people saidComment
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