By Ted Gambordella - Here is some great news for all real boxing fans and especially for fans of the Mighty Manny Pacquiao. It is being reported that Pacman will get more than the 50/50 split as originally reported for his fight vs Floyd Mayweather. Here is what boxing.fanhouse.com reports,
Pacquiao's promoter, Top Rank's Bob Arum, will give his fighter a larger guaranteed purse than originally agreed upon, and Arum has been contacted by the Atlanta Falcons' Georgia Dome regarding the potential for being a site for the bout.
The Filipino icon's adviser, Michael Koncz, told FanHouse on Monday that Arum has sweetened the deal for Pacquiao (50-3-2, 38 knockouts),
"Arum presented a package to us, and we did some minor modifications to it. One of the points that we brought up was the guaranteed purse," said Koncz, referring to their interaction during a two-hour meeting involving Pacquiao, Arum and himself, late last week.
"Bob came to us with an offer, we countered it, and we got what we requested," said Koncz. "That [purse] was the major one, and there were some minor issues -- not so much revolving around money, but with other aspects of the fight."
Although there are reports that the combatants agreed to a 50-50 split, and that Pacquiao, at least, was originally guaranteed $20 million -- plus their shares of any upside to the pay per view revenue -- Koncz said that a gag order is in place for both sides and that, under the circumstances, it would be inappropriate to address any numbers.
There are also reports that Mayweather has been guaranteed at least $20 million, that his name will lead the promotion as "Mayweather-Pacquiao," and that the revenue could push each side's earnings toward the $45 million mark.
"The only ones who know the figures are Manny, myself, Bob Arum, [Golden Boy Promotions'] Richad Schaefer and Floyd Mayweather. So there are other figures floating around out there that may or not be accurate," said Koncz, referring to Schaefer, who is representing Mayweather's side.
"In relation to any figures, I will not substantiate them," said Koncz. "There are gag orders in place, and I don't think that it's appropriate that any deals or negotiations should be negotiated in the press."
This is great news for real boxing fans and it is fair, because Manny is the "reason for the season" and will soon be beating Mayweather's butt.
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