Wait....Isn't that the same exact thing that GBP alleged during their court battle with Top Rank? They were saying that Top Rank officials weren't being 100% honest about the proceeds of events. It's no shock to learn that they are doing the same to Pacquiao. What could you expect from Bob Arum? A guy who fixes fights and bribes officials. Lie with dogs.....you get fleas.
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Comments Thread For: VisionQwest Head Responds To Team Pacquiao Jab
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Originally posted by Convicted_Felon View PostWait....Isn't that the same exact thing that GBP alleged during their court battle with Top Rank? They were saying that Top Rank officials weren't being 100% honest about the proceeds of events. It's no shock to learn that they are doing the same to Pacquiao. What could you expect from Bob Arum? A guy who fixes fights and bribes officials. Lie with dogs.....you get fleas.
The only people who believe those "$20 million guarantees" that Arum says are the pudgy midgets jerking off to photos of their illiterate congressman.
When Floyd says he has a $25 million guarantee, you can verify that on the NSAC contract.
Arum says manny has a $20 million guarantee, and then you check the contract, and it's actually $6 million.
...but the illiterate congressman can't read his own contracts, so all he knows is what Arum/Koncz tell him.
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Whatever is done in the dark eventually comes to the light. I wonder when Pac is going to wake up and try to save his finances before Arum and Koncz screw him over beyond repair. It would be unfortunate indeed for him to have to live like a smuck after grinding for so long.
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What I want to know is why do promoters even get paid so much? They don't do anything that a manager or accountant couldn't do. Any rich guy could wake up one day and decide to become a promoter. In my opinion boxing would be a lot better off with less promoters and less belts.
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Originally posted by Boxingtech718v2 View PostWhat I want to know is why do promoters even get paid so much? They don't do anything that a manager or accountant couldn't do. Any rich guy could wake up one day and decide to become a promoter. In my opinion boxing would be a lot better off with less promoters and less belts.
A promoter bears economic risk. Whereas a manager bears much less risk, and an accountant bears none at all.
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Originally posted by Gino Ros View PostRisk/reward.
A promoter bears economic risk. Whereas a manager bears much less risk, and an accountant bears none at all.
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