Pacquiao to pocket more than $20 million for next fight no matter who he fights
By Chris Williams: WBO welterweight champion Manny Pacquiao will getting big money no matter who he fights for his next bout in April or May. There were reports out earlier today about Pacquiao wanting $20 to $28 million for his next fight.
However, his adviser Michael Koncz says that Pacquiao always makes more than $20 million for each of his fights nowadays.
Koncz told RingTV “We won’t fight for $20 million because I don’t recall the last time we fought for that less of an amount…We have not fought for that amount for a substantial number of years. It’s absurd. Why would we recess on our guaranteed purse? I don’t recall the last time we fought for $20 million.”
Wow! Koncz sounds like just the thought of Pacquiao making only $20 million was some kind of insult or something. I think he could have explained it a little better than he did. After all, Pacquiao is supposed to be the man of the people and if you’ve got an adviser sounding like $20 million is beneath Pacquiao, it makes Pacquiao seem out of touch with the normal people on the street. What’s wrong with $20 million?
If Pacquiao is getting guaranteed purse of more than $20 million for all his fights now, I think it makes his promoter Bob Arum’s job much harder because there’s more pressure for Arum to match Pacquiao with big names in order to keep the pay per view numbers high enough for Pacquiao to get his guaranteed purse of more than $20 million.
I don’t know how Pacquiao can get the money he’s asking for if he faces lesser known fighters like Timothy Bradley and Lamont Peterson. Pacquiao almost has to fight Juan Manuel Marquez or Miguel Cotto in his next fight if he wants to get the kind of money that he’s accustomed to getting.
If he fights Bradley or Peterson, Pacquiao could see his PPV buys cut in half to where they were when he fought non-star Joshua Clottey in 2009 and only brought in 660,000 buys. The only way Pacquiao can get his guaranteed big money in a fight that does poorly on PPV is if opponent gets peanuts in comparison. I wonder how they would work that out. I guess they could tell Pacquiao’s opponents’ they’ll guarantee them a lowball figure but tell them that it can go up dramatically if the fight does well or stay low if it does poorly.
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