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Pacquiao's Lawyer: "We Won't Budge From a 60-40 Split"

By Mark Vester

Negotiations are still ongoing for a potential December 6 bout between Oscar De La Hoya and Manny Pacquiao, but unless one of the fighters is willing to come down from their monetary demand - the fight is probably not going to happen.

Talks for the fight were hot and heavy until Wednesday, when De La Hoya refused to budge from his 70-30 revenue split, and Pacquiao refused to budge from his 60-40 demand. Pacquiao walked away and told his promoter Bob Arum to start working on a fight with Humberto Soto for November, while De La Hoya told his CEO Richard Schaefer to secure Sergio Mora for the same December date in Las Vegas.

Pacquiao's lawyer Franklin Gacal told the Manila Bulletin that a fight with De La Hoya can still happen, but they won't move from their 60-40 demand. De La Hoya only gave Floyd Mayweather Jr. 30% last May and refuses to give a bigger percentage to Pacquiao because Oscar feels that he is not bigger than Floyd. Gacal said that Pacquiao has the final say on whether or not a 70-30 deal is kosher.

"There is still a chance for this fight to take place but we are not budging from our 60-40 stand," said Gacal. It’s not right to invite Pacquiao to a despedida party by just giving him a bone from the banquet. Still, it would all depend on Manny whether he will accept 70-30. It’s all up to him."

Send News Tips and Comments To Mark Vester @ [email protected]

User Comments and Feedback
Comment by Pacquiao'd on 06-30-2010

bump.........

Comment by 007geyweather on 06-30-2010

[QUOTE=johnix;3940555]Mangler. Yup! Gacal is your man! But what is stupid is signing-up with OLDH in [B]haste[/B]. And signing [B]another[/B] contract with Arum. Imagine, a small town lawyer from General Santos City, advising Manny to sign [B]two legal contracts[/B]. Must have…

Comment by maguirre on 06-30-2010

[QUOTE=Tamis_Siensya;8730625][B]It's prolly the only thing they could do right now mate. Until the fight is signed people will clown whatever they want. Let's wait til fight gets signed and see what threads are gonna be bumped 5 months from now.…

Comment by Tamis! on 06-30-2010

[QUOTE=Cgarcia;8730574]Why can't these Flomos just talk about Floyd's other potential fights? It's clear to me that they are more interested in Floyd gaining something outside the ring. I don't know why. [/QUOTE] [B]It's prolly the only thing they could do…

Comment by maguirre on 06-30-2010

Why can't these Flomos just talk about Floyd's other potential fights? It's clear to me that they are more interested in Floyd gaining something outside the ring. I don't know why. You gotta be too stupid to expect Pac to…

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