Koncz: We told Khan’s team to find a venue for a Pacquiao fight

By Boxing News - 02/03/2015 - Comments

pac8888111By Chris Williams: Manny Pacquiao’s adviser Michael Koncz is saying that they’ve been in contact with former IBF/WBA light welterweight champion Amir Khan for him possibly being the backup option for Pacquiao to fight on May 30th if they don’t face Floyd Mayweather Jr.

It looks like Koncz and promoter Bob Arum are serious about wanting to use the 28-year-old Khan as the plan-B opponent for Pacquiao, because they already told Khan’s team to find a venue for the Khan-Pacquiao fight.

“We’ve told them (Khan’s management) that they choose the venue to hold the fight,” said Koncz via sports.tempo.com.ph.

Hopefully, Koncz is aware that Khan is advised by Al Haymon and that he and Arum don’t generally work together For a Pacquiao-Khan fight to take place it’ll require for Haymon and Arum to work with one another unless Haymon wants to take a low profile and let the fight happen anyway.

Arum still wants the Mayweather vs. Pacquiao fight to take place, or so he says. Arum says he’s going to stick it out with the negotiations despite the slow progress.

“I am still focused on making this fight happen,” said Bob Arum to sports.tempo.com.ph.

Arum would be crazy not to try and make this fight happen, because it’s only a matter of time before the boxing public no longer cares to see it. They should have faced each other six years ago in 2009 when they first attempted to negotiate a deal, but Pacquiao and Arum blew their chance when they failed to agree to the blood testing that Mayweather wanted at the time.

The blood testing will be there for their fight on May 2nd, but the 50-50 purse split is no longer there for Pacquiao. Instead of an even deal, he’ll be getting a reported 60-40 deal. The difference between the money he could have gotten and what he’ll get for the May 2nd fight is fairly significant. But obviously it’s better for Pacquiao to get this deal than if he were to have to have to face the likes of Amir Khan or Jessie Vargas, and wind up getting only one-fourth the amount that he would have received had he fought Mayweather.

The money is obviously better for Arum if he sticks it out with the Mayweather-Pacquiao negotiations. Arum doesn’t make the huge money like Pacquiao does, but there’s enough for him to wet his beak and make a tidy profit from the fight. It would be a career payday for Pacquiao and Mayweather, and I think everyone will do extremely well with the cash that the fight will bring in. With a potential 3 million pay-per-view buys and rumors that the fight will be selling for $99 to $110 on pay-per-view, we could see the take in more than $300 million. That’s good sweet cash that Mayweather, Pacquiao and Arum can make. If Mayweather can scoop up $200 million of that bundle, he would be in a situation where he might not ever blow through it. It would be all gravy for Mayweather from here on out. He’d have just one fight left in his Showtime/CBS contract and he’d be done. He could then possibly move over to HBO or stay with Showtime.

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