Originally posted by Bronx2245
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Why are you still talking about this bull****? You know why Floyd vs. Margarito didn't happen, and you know who was the "Golden Boy," at the time:
April 25, 2006:
Arum said Mayweather preferred to await the outcome of the May 6 Oscar De La Hoya-Ricardo Mayorga fight instead of committing to Margarito because he would prefer to fight De La Hoya.
"We're not sitting waiting on De La Hoya," Ellerbe said. "He's in a tough, tough fight with Mayorga."
Many in the sport believe a De La Hoya-Mayweather fight is the biggest fight on the horizon and the only one capable of generating 1 million-plus buys on pay-per-view.
The reason Mayweather opted for the buyout rather than waiting for the May 6 result was because the contract had a limited window for the buyout, one that expired before the De La Hoya fight. However, Arum said he would have extended the window if Mayweather had asked. What Arum wouldn't do, he said, was raise the guarantees for other fights outlined in the contract.
Arum said while Mayweather would have taken the $8 million to fight Margarito, he asked for a $10 million guarantee to fight opponents such as Miguel Cotto and Ricky Hatton, when Arum was only willing to guarantee $7 million.
Arum said Mayweather also asked for $20 million to fight De La Hoya, a fight Arum said he wasn't interested in participating in.
"That's not in the cards," Arum said. "He wants $20 million for the De La Hoya fight? It's not there. Sometimes, my man, you gotta know when to hold 'em and when to fold 'em. We'll talk about things down the road..."
The split frees Mayweather to make a potential deal with De La Hoya without Arum as part of the promotion. His involvement would have made making a deal almost impossible: The head of Top Rank has openly feuded with De La Hoya, his former superstar, and their companies rarely do business together as a result.
Arum said he was simply not interested in participating in a De La Hoya-Mayweather fight, but not because of his distaste for De La Hoya.
"I don't want to, because if I did that fight, I would be working for such a small percentage, it's not worth it," he said.
http://sports.espn.go.com/sports/box...ory?id=2420382
This is not news to anyone who knows boxing. Arum has a history of these tactics. You don't have to take my word, get it from your hero, Miguel Cotto:
October 5, 2012:
For the 2009 fight, Cotto's deal with Top Rank called for a guaranteed $6.5 million purse, plus a share of the pay-per-view profits. During the Sergio Martinez-Julio Cesar Chavez Jr. promotion last month, Arum told boxing reporters that he offered Cotto $13 million for the Pacquiao rematch and estimated that with strong pay-per-view sales Cotto could earn another $2 million from his share of the profits.
Arum said that when Cotto turned it down, he and Pacquiao went with Marquez for Pacquiao's next fight, just one week after Cotto's.
Cotto vigorously disputed Arum's claim.
"The only offer Top Rank ever made us was the same money as in 2009," Cotto told ESPN.com. "[Arum] made the same offer he made in 2009, and we found it kind of funny. That was the reason we decided not to face Pacquiao. That, and they also wanted me to go down to 150 pounds and give him the same advantage that they gave Pacquiao in 2009, a catchweight."
Cotto said he was surprised to read that Arum said he offered him $13 million.
"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 always agrees to fight the best. I've never said no to anybody, but you need to treat me fairly in business."
http://espn.go.com/boxing/story/_/id...rematch-boxing
So what happened? Miguel Cotto turned down the Manny rematch, went on to fight Mayweather @ 154, and Cotto made his biggest purse to date...WITHOUT BOB ARUM!!!
April 25, 2006:
Arum said Mayweather preferred to await the outcome of the May 6 Oscar De La Hoya-Ricardo Mayorga fight instead of committing to Margarito because he would prefer to fight De La Hoya.
"We're not sitting waiting on De La Hoya," Ellerbe said. "He's in a tough, tough fight with Mayorga."
Many in the sport believe a De La Hoya-Mayweather fight is the biggest fight on the horizon and the only one capable of generating 1 million-plus buys on pay-per-view.
The reason Mayweather opted for the buyout rather than waiting for the May 6 result was because the contract had a limited window for the buyout, one that expired before the De La Hoya fight. However, Arum said he would have extended the window if Mayweather had asked. What Arum wouldn't do, he said, was raise the guarantees for other fights outlined in the contract.
Arum said while Mayweather would have taken the $8 million to fight Margarito, he asked for a $10 million guarantee to fight opponents such as Miguel Cotto and Ricky Hatton, when Arum was only willing to guarantee $7 million.
Arum said Mayweather also asked for $20 million to fight De La Hoya, a fight Arum said he wasn't interested in participating in.
"That's not in the cards," Arum said. "He wants $20 million for the De La Hoya fight? It's not there. Sometimes, my man, you gotta know when to hold 'em and when to fold 'em. We'll talk about things down the road..."
The split frees Mayweather to make a potential deal with De La Hoya without Arum as part of the promotion. His involvement would have made making a deal almost impossible: The head of Top Rank has openly feuded with De La Hoya, his former superstar, and their companies rarely do business together as a result.
Arum said he was simply not interested in participating in a De La Hoya-Mayweather fight, but not because of his distaste for De La Hoya.
"I don't want to, because if I did that fight, I would be working for such a small percentage, it's not worth it," he said.
http://sports.espn.go.com/sports/box...ory?id=2420382
This is not news to anyone who knows boxing. Arum has a history of these tactics. You don't have to take my word, get it from your hero, Miguel Cotto:
October 5, 2012:
For the 2009 fight, Cotto's deal with Top Rank called for a guaranteed $6.5 million purse, plus a share of the pay-per-view profits. During the Sergio Martinez-Julio Cesar Chavez Jr. promotion last month, Arum told boxing reporters that he offered Cotto $13 million for the Pacquiao rematch and estimated that with strong pay-per-view sales Cotto could earn another $2 million from his share of the profits.
Arum said that when Cotto turned it down, he and Pacquiao went with Marquez for Pacquiao's next fight, just one week after Cotto's.
Cotto vigorously disputed Arum's claim.
"The only offer Top Rank ever made us was the same money as in 2009," Cotto told ESPN.com. "[Arum] made the same offer he made in 2009, and we found it kind of funny. That was the reason we decided not to face Pacquiao. That, and they also wanted me to go down to 150 pounds and give him the same advantage that they gave Pacquiao in 2009, a catchweight."
Cotto said he was surprised to read that Arum said he offered him $13 million.
"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 always agrees to fight the best. I've never said no to anybody, but you need to treat me fairly in business."
http://espn.go.com/boxing/story/_/id...rematch-boxing
So what happened? Miguel Cotto turned down the Manny rematch, went on to fight Mayweather @ 154, and Cotto made his biggest purse to date...WITHOUT BOB ARUM!!!

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