By Chris Williams: In a rather childish move, Top Rank promoter Bob Arum gave Floyd Mayweather Jr. a counter offer of $45 million to fight his guy Manny Pacquiao on June 9th, according to the Manila Standard.
This offer from Arum was in response to the $40 million offer that Mayweather had given to Pacquiao to take for the fight, which entailed that Pacquiao would get that money only and Mayweather would be entitled to all of the pay per view profits and other outside areas for revenue for the fight.
Arum told the Manila Standard writer Ronnie Nathanielsz “I am offering Mayweather $45 million under the same conditions he offered Pacquiao.”
That offer from Arum means that there won’t be a fight between Pacquiao and Mayweather, which means that Pacquiao will have to settle for making around half that amount for his next fight against whoever Arum digs up for him. It seems to be that it would be better off for Pacquiao to take the $45 million than receiving a little more than $20 million for his next fight. He’s losing close to $20 million by not taking the Mayweather fight.
According to the Manila Standard, the Pacquiao vs. Mayweather fight will bring in as much as $150 million. I don’t believe that number for a second. I think that’s probably about $70 million too much. But the thing is the longer Arum dilly dallies around by keeping Pacquiao fighting his other fighters, it’s likely to cause the Mayweather-Pacquiao bout to make less money over time.
The longer you wait, the less interest there is in boxing fans seeing this fight, especially with Pacquiao beginning to show signs of aging and slowing down. He could beat and then there won’t be that $45 million anymore. It could drop real low for him once he gets whipped by one of the guys that Arum is matching Pacquiao up with.
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