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So if he's fighting in the U.S. next year we'll know his tax problems have been handled.
https://goo.gl/1maANV
Haymon is armed with the biggest network budget in the sport between Showtime, which is expanding boxing programming in 2019, and his upcoming deal with Fox, which kicks off in December.
Pacquiao, one of the greatest fighters of this or any generation, remains a recognizable name, and he’s traditionally competed on pay-per-view. However, his last two fights were broadcast on ESPN and ESPN+, respectively.
Now that he’s joined forces with Haymon, Pacquiao will fight on either Showtime or Fox, whether it’s on their linear offerings or on PPV. There’s one obstacle that remains, though.
Pacquiao still owes approximately $30 million to the IRS, according to multiple sources. He can’t fight — or train — in the United States until that matter is resolved. It’s largely why Pacquiao’s last two bouts (against Jeff Horn and Matthysse) were staged in Australia and Malaysia, respectively.
Haymon didn’t add Pacquiao to his stable to fight overseas, of course. He’s going to fight in the U.S., and a deal will have to be cut with the IRS, who levied hefty penalties against Pacquiao for filing late and also incorrectly, per sources. It’s likely that number Pacman owes will be slashed dramatically when it’s all settled.
Haymon could, in theory, hand Pacquiao with an advance to pay off the debt, with the money set to be reimbursed later. And if he scores another bout with Mayweather, he’ll be loaded with some much-needed funds.
Pacquiao, one of the greatest fighters of this or any generation, remains a recognizable name, and he’s traditionally competed on pay-per-view. However, his last two fights were broadcast on ESPN and ESPN+, respectively.
Now that he’s joined forces with Haymon, Pacquiao will fight on either Showtime or Fox, whether it’s on their linear offerings or on PPV. There’s one obstacle that remains, though.
Pacquiao still owes approximately $30 million to the IRS, according to multiple sources. He can’t fight — or train — in the United States until that matter is resolved. It’s largely why Pacquiao’s last two bouts (against Jeff Horn and Matthysse) were staged in Australia and Malaysia, respectively.
Haymon didn’t add Pacquiao to his stable to fight overseas, of course. He’s going to fight in the U.S., and a deal will have to be cut with the IRS, who levied hefty penalties against Pacquiao for filing late and also incorrectly, per sources. It’s likely that number Pacman owes will be slashed dramatically when it’s all settled.
Haymon could, in theory, hand Pacquiao with an advance to pay off the debt, with the money set to be reimbursed later. And if he scores another bout with Mayweather, he’ll be loaded with some much-needed funds.
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