Millionaire Pacquiao earns another $25M

Hollywood (Philippine Daily Inquirer/ANN) - Already a multi-millionaire, Filipino boxing icon Manny Pacquiao has at least another US$25 million coming for battering Mexican Antonio Margarito into submission in Texas last weekend.

That is before the taxman lops off a big chunk of it. But for all intents and purposes, boxing's pound-for-pound king no longer needs to work for the rest of his life, unless he overindulges and blows it all away.

For his 12-round, 36-minute work in the ring with Margarito, Pacquiao earned an estimated $25 million, equivalent to 1.1 billion pesos. This translates to $694,000 or 30.5 million pesos per minute.

All in all, Margarito landed 135 power punches during the bout - which meant that for every one of those punches Pacquiao took, the Filipino idol earned $135,000 - or 8 million pesos.

What the Pacquiao-Margarito fight failed to generate at the gates it drew from pay-per-view (PPV).

Figures show the Pacquiao fight stands to be one of the most watched ever in boxing history: as many as 1.5 million PPV hits.

"Numbers say we're going to hit 1.4 to 1.5 million," Pacquiao's Canadian adviser Mike Koncz told Manila-based sportswriters on Tuesday (Wednesday in Manila). "From all indications and the early tracking, we can even get 1.5 million."

If the bruising fight indeed hit 1.5 million PPV buys, it would eclipse the 1.4 million PPV buys posted by the Floyd Mayweather Jr.-Shane Mosley bout in May and confirm Pacquiao's status as PPV's most bankable boxer at present.

Pay-per-view share

With each buy costing $54.95, Pacquiao-Margarito PPV hits of 1.5-million translate to $82 million.

From total PPV sales, Pacquiao stands to get about 12.5 percent of the projected $82-million revenue, or $10 million. This is on top of his guaranteed purse of $15 million for the fight that earned him an unprecedented eighth world title in as many weight classes.

According to Mike Taffet, HBO senior vice president for sports, Pacquiao's last four fights in the United States averaged one million PPV hits, with his bout against Oscar De La Hoya in 2008 netting 1.25 million PPV sales and his showdown with Miguel Cotto posting 1.2 million hits.

Pacquiao's second-round knockout of Briton Ricky Hatton chalked up 900,000 buys while Pacquiao's 12-round domination of Ghanaian Joshua Clottey posted 750,000 hits.

$67M in four fights

A check of previous Inquirer reports showed Pacquiao earned $20 million from his clash with De La Hoya in December 2008, and $15 million from his May 2009 fight with Ricky Hatton of the United Kingdom.

Pacquiao got $17 million from his bout with Miguel Cotto in November 2009 and earned another $15 million when he tangled with Clottey in March 2010.

Those four fights brought him $67 million altogether. That does not include the estimated $25 million he earned from his fight with Margarito.

Ranged against those amounts, Pacquiao's gross pay as a congressman about 75,000 pesos ($1,715) a month, according to lawmakers - would seem like only loose coins for him. While he is also entitled to an annual country wide development fund of 70 million ($1.6 million), that money is intended for projects in his congressional district.

Fortune in PPV

Though a big crowd of 41,734 fans trooped to Cowboys Stadium in Arlington, Texas, on Saturday, it did not surpass the 50,994 attendance when Pacquiao fought Clottey in the same venue in March.

Koncz, however, explained that gate sales is the least source of revenue in a fight promotion, with the PPV buys still the main source of revenue.

Pacquiao, he confirmed, could earn $10 million from his PPV shares.

There were many factors that boosted PPV sales for Pacquiao-Margarito, Koncz said.

"The people wanted to see how Manny was going to handle boxing and, being a congressman at the same time, his training in the Philippines raised a lot of suspicion on his readiness, and the style of both fighters," he said.

PPV king

Koncz said that economics, with the United States still in a slump, also was a major factor as most people preferred to watch the fight in groups at home rather than see it live and pay for tickets that went as high as $700.

De La Hoya, whom Pacquiao sent into retirement with an eighth round TKO in their showdown, is regarded as the PPV king with his bout against Mayweather Jr. chalking a record 2.5 million buys.

Veteran promoter Bob Arum has seen it all in a career spanning almost half a century and he unwaveringly believes Pacquiao has become the best fighter of all time.

Arum has worked with giants of the ring such as Muhammad Ali, Sugar Ray Leonard, Marvin Hagler and Roberto Duran but none of them, in his opinion, ever dominated with both fists in the manner of the diminutive Filipino southpaw.

http://ph.news.yahoo.com/ann/20101118/tph-millionaire-pacquiao-earns-another-2-fb8bb4f.html

Manny Pacquiao vs. Floyd Mayweather: 10 Obstacles To a Fight

Floyd Mayweather has spent the better part of his career antagonizing, taunting and then beating every opponent ever put in front of him.

Equally as brilliant, Manny Pacquiao has won a major title in every weight class between 105-147 lbs.

So it seemed only fitting that the two most talented fighters of this era face off. It would be the ultimate contrast in styles, Manny Pacquiao is a storm in the ring who never stops moving forward. On the other side, Floyd Mayweather is arguably the sport’s best defensive fighter ever! If they ever stepped in the same ring it would undoubtedly shatter all pay per view records.

Yet getting them to share a ring is like getting Democrats and Republicans to endorse the same candidate. Twice this year the two fighters camps were unable to agree on terms for a fight. The bickering got so bad that the groups went to mediation but even that proved to be an exercise in futility.

The majority of boxing fans and writers have placed the blame squarely on Floyd Mayweather. Although he does deserve a large portion of the blame, there are a number of factors preventing this fight from taking place.

Don’t blame it all on “Money” here are ten obstacles in the way of a Pacquiao and Mayweather fight.

http://bleacherreport.com/articles/518774-it-aint-my-fault-10-obstacles-to-a-pacquiaomayweather-fight

Safety first for refs in lop-sided bouts: WBC chief

MEXICO CITY (Reuters) – World Boxing Council (WBC) president Jose Sulaiman has urged referees to make better use of a rule introduced this month to end lop-sided bouts early if one of the fighters has suffered a severe pounding.

Citing the example of Manny Pacquiao's crushing victory over Mexican Antonio Margarito in Dallas on Saturday, Sulaiman said safety had to be a priority, especially when a battered fighter refused to quit.

Margarito fought all 12 scheduled rounds against Filipino Pacquiao at Cowboys Stadium before ending the WBC super welterweight title bout with a broken right eye socket that required surgery.

"The WBC ... gives authority to referees to stop fights whenever they believe there's been too much punching from one side and there's no opportunity for the other boxer to win," Sulaiman told Reuters on Tuesday.

"When they see that a fighter has been punished very much ... they should stop the fight for the sake of safety. Safety is the backbone of the WBC."

The new safety rule was voted in by the WBC at its annual convention in Cancun earlier this month.

Despite holding a significant weight, height and reach advantage over Pacquiao, Margarito was outclassed by his opponent's lightning hand speed and precise power punching.

ONE-SIDED EXCHANGES

The Mexican, a three-time world champion, soaked up more than 400 power punches during the largely one-sided exchanges but refused to quit although he could barely see out off his badly swollen right eye in the late rounds.

Sulaiman felt the fight should have been halted after eight rounds, and he applauded Pacquiao's sporting but unsuccessful attempt to get referee Laurence Cole to stop the bout in the 11th.

"Antonio Margarito was receiving too many punches and he was only occasionally finding the opportunity to connect with his," Sulaiman said. "An objective is an objective ... but he was putting his health on the line.

"He had no chance any more, as far as I'm concerned, of winning the fight in any way and he was being seriously hurt."

Pacquiao recorded an unanimous points victory over Margarito to land an eighth world title in an unprecedented eighth weight class.

(Editing by Mark Lamport-Stokes)

http://news.yahoo.com/s/nm/20101117/sp_nm/us_boxing_sulaiman

Manny Pacquiao sued by record label for $10 million

Matapos ang kanyang matagumpay na laban kay Antonio Magarito noong Linggo, Nobyembre 14, haharapin naman ngayon ng Pambansang Kamao na si Manny Pacquiao ang $10M lawsuit na isinampa laban sa kanya dahil sa umano'y hindi pagtupad ng isang music contract.

Ayon sa ulat ng TMZ Sports na nailathala kahapon, Nobyembre 17, nagsumite na ng kaso ang RBM Group International sa L.A. County Superior Court.

Inaakusahan nila ang eight-time world boxing champ ng hindi pagtupad sa kontratang kanyang pinirmahan noong 2009 para mag-record ng 12 songs.

Ayon sa mga dokumento, nag-issue na raw ang RBM ng tsekeng nagkakahalaga ng $40,000 noong Oktubre 2009, na kanya umanong dineposito, para sana sa unang dalawang kanta. Ngunit tumanggi raw ang Pinoy boxer na mag-record.

http://ph.news.yahoo.com/pep/20101118/ten-manny-pacquiao-sued-by-record-label-fb4fa78.html

Emmanuel Dapidran Pacquiao

Emmanuel Dapidran Pacquiao (Tagalog pronunciation: [pɐkˈjaʊ],^[3] English: /ˈpæki.aʊ/; born December 17, 1978), also known as Manny Pacquiao, is a Filipino professional boxer and politician. He is an eight-division world champion, the first boxer in history to win ten world titles in eight different weight divisions.^[4] He is also the first boxer in history to win the lineal championship in four different weight classes.^[5] He was named "Fighter of the Decade" for the 2000's by the Boxing Writers Association of America (BWAA). He is also a three-time BWAA and The Ring "Fighter of the Year" in 2006, 2008 and 2009.^[6]

Currently, Pacquiao is the WBC Super Welterweight World Champion and WBO Welterweight World Champion (Super Champion). He is also currently rated as the "number one" pound-for-pound best boxer in the world by several sporting news and boxing websites, including The Ring, Sports Illustrated, ESPN, NBC Sports, Yahoo! Sports and About.com.^[7][8]

Aside from boxing, Pacquiao has participated in acting, music recording, and politics. In May 2010, Pacquiao was elected to the House of Representatives in the 15th Congress of the Philippines, representing the province of Sarangani.^[9] He is the only active boxer to become a congressman in the Philippines.^[10]

^{http://en.wikipedia.org/wiki/Manny_Pacquiao}