For me, it's not about right or wrong. And actually, reading that article, Manny may be getting hustled. Arum can only guarantee $6m because there is no profit he can give Manny. The $22m is a promise based on what they hope final profits will turn out to be. It's a safe bet that it will but there are other expenses (and possibly other advances) that may reduce that #. That's why Arum can guarantee only $6m. Simple.
But that article ties in with a lot of what's going on lately. Sounds like Arum was losing money on those fights and/or he couldn't give Pacquiao what he promised based on the total profit. It's no wonder he needed HBO's help this time around...and it's no wonder this next fight is taking place in Macau. Interesting times over at Top Rank.
But that article ties in with a lot of what's going on lately. Sounds like Arum was losing money on those fights and/or he couldn't give Pacquiao what he promised based on the total profit. It's no wonder he needed HBO's help this time around...and it's no wonder this next fight is taking place in Macau. Interesting times over at Top Rank.
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