Pacquiao vs Marquez in Jeopardy : Pacquiao Financial Problems

[John Barron]

i feel genuinely bad for manny, this is the second time a promoter has low balled him. is anyone really surprised though?

[skillswin]

Most people, not just boxers and athletes, don't have the "financial literacy" to manage a million bucks. Proof: 80% of lottery winners lose it all within 5 years.

Boxers like Hearns, Joe Louis, Sugar Ray Robinson, Henry Armstrong, Kid Gavilan. These are just examples of those who went totally bankrupt.

Mayweather is definitely headed towards becoming totally insolvent. And Pacquiao better learn to be a corrupt politician if he wants to remain afloat financially. He owns businesses that he does not even know he owns.

hahahaha LOL mayweather house --------> pacquiao Net Worth

[Sugar Sting Ray]

hahahaha LOL mayweather house --------> pacquiao Net Worth

Mayweather pays a mortgage. He does not totally own his house. To make it worse, he bought it in Las Vegas where it is common to find
$300k houses in 2005 now selling for $55k and they're still in the market with no buyers for 10 months.

Floyd and Manny will be broke in 7 years time.

[skillswin]

Mayweather pays a mortgage. He does not totally own his house. To make it worse, he bought it in Las Vegas where it is common to find $300k houses in 2005 now selling for $55k and they're still in the market with no buyers for 10 months.

Floyd and Manny will be broke in 7 years time.

Gino answer him....

[Carpe Diem]

lol hell naw iverson had heart.

judah is the lebron of boxing.

I know. He was tough, no one would ever question his toughness. But he was a mental midget in the sense that he wasn't a great team player and never followed his coaches game-plans, it's at least equivalent to Judah being mentally weak. LeBron is another good comparison as well.

[viewsat]

Mayweather pays a mortgage. He does not totally own his house. To make it worse, he bought it in Las Vegas where it is common to find
$300k houses in 2005 now selling for $55k and they're still in the market with no buyers for 10 months.

Floyd and Manny will be broke in 7 years time.

so you're saying his mansion is worth 55k....

[The Hammer]

Pac should dump that money hungry snake.(Arum) He already is a big enough name, time for his MP Promotions to take over the remainder of his career.

Good post.

[Sugar Sting Ray]

so you're saying his mansion is worth 55k....

I don't know how many millions he paid for his mansion but he can't sell it for a third what he paid for if he sold it today.

[QADASHBANYAH]

Mayweather pays a mortgage. He does not totally own his house. To make it worse, he bought it in Las Vegas where it is common to find
$300k houses in 2005 now selling for $55k and they're still in the market with no buyers for 10 months.

Floyd and Manny will be broke in 7 years time.

LOL I know you are broke, only a broke peasant would say something so foolish.... If you are like Floyd or Pac, you don't pay for a house flat out.... You let your millions in the bank draw much interest and you can use the interest from that money to pay your MORTGAGE!!!

Why gouge yourself to buy a multi million dollar home???


Its like credit you don't get a high credit score by buying **** flat out with cash!!!
You get a high credit score buy buying furniture etc. And making timely monthly payments...

And regarding the housing prices in Las Vegas, yes you can get them for that price now, but only after the housing bubble peasant...

Floyd did not buy that while houses were sitting vacant... Plus where Floyd is the houses are occupied....

Now he could buy his home I am sure, but who would do that??

You got entertainers like Jermaine Dupri still living well off the money he made with KRISS KROSS using the methods I am mentioning...

And you can get cheap housing in america really anywhere. The next bubble will be for all these college students that don't have a job, yet now are thousands in debt...lol

GODDAMN PEASANT SLAVES...

[viewsat]

I don't know how many millions he paid for his mansion but he can't sell it for a third what he paid for if he sold it today.

fair enough. Neither Floyd or Pacquiao will ever go bankrupt. Floyd has reebok and Pacquiao has nike. Pacquiao also makes terrible movies which makes money. *kanye shrug*