Pacquiao getting $18 million guaranteed for Rios bout

Discussion in 'Boxing' started by truebluefan, Nov 22, 2013.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    While Floyd Mayweather Jr. got $100 million for his last fight against Saul “Canelo” Alvarez, Manny Pacquiao (54-5-2, 38 KO’s) will be getting a guarantee payday of $18 million for this Saturday’s fight against Brandon Rios (31-1-1, 23 KO’s) in Macao, China. Pacquiao could get a lot more if the fight does well on pay-per-view in the United States, which is where Pacquiao will be making a good portion of his money. He could make as much as $30 million after the PPV totals come in.

    His promoter Bob Arum chose China for Pacquiao to fight due to the lower tax burden for Pacquiao from the U.S money he receives from fans. Arum also wants to open the Chinese markets for PPV in the future, so he’s trying to create interest by holding cards there and having former two-time Olympic gold medalist Zou Shiming (2-0) on his Macao fight cards.

    What’s interesting is that 32-year-old flyweight Shiming will be getting $500,000 for his 6-round bout against novice Juan Tozcano (4-0, 1 KO’s), and that’s a lot of money for someone who has looked poor in his first two bouts of his pro career against poor opposition.

    Read more at http://www.boxingnews24.com/2013/11...guaranteed-for-rios-bout/#hG7RqKIFSBbmUg3I.99
     
  2. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    Arum chose China for Pacquiao because the casino owners gave him money under the table to put the fight on there. The idea that Arum does anything for anyone else's benefit is ludicrous.
     

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