pac screwed again...
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Comments Thread For: Arum: If PPV Does Over 600K Buys, Pacquiao Makes Big Bucks
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Originally posted by Gary Coleman View PostIf Pac made $150 mill from the Mayweather fight, you can chop that almost in half due to taxes.
$75 mill - Bob's 27% fee = $56 million
He has to pay for his training camp, including Freddie and his entourage. I don't know how his purse is taxed in the Philippines, but Pacquiao was already in tax troubles both there and here in the U.S.
It can get swallowed up quickly.
YEAH, didnt he owe almost 70 million in taxes alone, he's still digging out of the red...He's gonna be broke the rest of his life Spider Rico working for Floyd in Vegas...
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Needs More Money?
Originally posted by HURTFEELINGS View PostYou caught that too, a year later, and he already needs more money...His career is gonna end badly in the ring, because Arum knows manny needs money, so why not use him and this information. He's using this fight to get manny an easy KO to drum up some action for another crack at Floyd, or use manny fo make crawford a bigger star. BUT DAMN, HE NEEDS MONEY ALREADY? Bob is gonna loan him some money and the only way pac can pay him back is by...fighting whoever Bob tells him. And if he "reportedly needs the money" after 1 year after ALL of the money he made vs Floyd, this money he gets isnt gonna last him long at all.
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