BILLIONAIRE PACQUIAO BANKS $12M MORE / POLITICS IS NEXT FOR THE CHAMP
DALLAS, MARCH 15, 2010 (STAR) By Abac Cordero - Manny Pacquiao is now a certified billionaire, based on his earnings on the ring.
Counting his guaranteed purse $12 million for his fight with Joshua Clottey at the Cowboys Stadium, the 31-year-old icon has reached the $53 million mark in his last four fights in the United States.
And while it doesn’t mean that he has taken home as much, since there are huge deductions to be computed, what’s certain is that Pacquiao is now rated as one of the world’s highest-paid athletes.
Pacquiao, who said he earned the equivalent of $20 in his first professional fight in 1995, got $15 million for facing Oscar dela Hoya in 2008, and $13 million for each fight against Ricky Hatton and Miguel Cotto last year.
With these four fights alone, he has earned, on paper, a grand total of P2.438 billion, which is enough to fund a presidential campaign in the Philippines.
Aside from his guaranteed purse, Pacquiao also stands to earn through the pay-per-view sales, ticket sales, gate receipts, merchandise and television rights. For the Dela Hoya fight, he earned close to $20 million in all.
And this won’t stop as long as he continues winning.
Before the Clottey fight was sealed, Pacquiao faced the possibility of earning as much as $30 million to $40 million for a fight with Floyd Mayweather Jr. But the negotiations fell apart and the fight did not push through.
Now that Clottey is out of the picture, the question is “Will the Mayweather fight now happen?”
Pacquiao said it might.
“Yes, I want the fight. The people want that fight. So, it’s up to him,” said Pacquiao of the ex-pound-for-pound champion who puts his undefeated record at stake against WBA welterweight king Shane Mosley on May 1 in Las Vegas.
“I have no problem fighting him. Anytime. But I don’t think he’s ready now. Or he should win against Mosley. If not, maybe Mosley and I will fight,” said Pacquiao.
The Pacquiao-Mayweather fell apart after the flamboyant American demanded an Olympic-style drug-testing that would require blood tests on days very close to the fight.
Pacquiao said he’d have none of it, saying drawing of blood close to the fight makes him weak, and offered a compromise that blood be taken 24 days before the fight and right after the fight.
And the fight that should break all previous records in boxing went up in smoke.
Pacquiao earnings through the years 1. Lehlo Ledwaba 2001 $40,000 2. Agapito Sanchez 2001 $120,000 3. Fabbrakob Rakkiatgym 2002 P1 million 4. Serikzhan Yeshmangbetov 2003 P1 million 5. Jorge Julio 2002 $70,000 6. Marco Antonio Barrera 2003 $500,000 7. Juan Manuel Marquez 2004 $750,000 8. Fashan 3K Battery 2004 P3 million 9. Erik Morales 2005 $1.75 million 10. Hector Velasquez 2005 $750,000 11. Erik Morales 2006 $2 million 12. Oscar Larios 2006 $1 million 13. Erik Morales 2006 $2.5 million 14. Jorge Solis 2007 $2 million 15. Marco Antonio Barrera 2007 $3 million 16. Juan Manuel Marquez 2008 $3 million 17. David Diaz 2008 $3 million 18. Oscar dela Hoya 2008 $15 million 19. Ricky Hatton 2009 $13 million 20. Miguel Cotto 2009 $13 million 21. Joshua Clottey 2010 $12 million
Politics up next for RP champ By Abac Cordero (The Philippine Star) Updated March 15, 2010 12:00 AM
DALLAS – It’s on to the May elections before Manny Pacquiao even thinks about his next fight.
During the post-fight press conference, staged at the VIP service entrance of the Cowboys Stadium, Pacquiao said he doesn’t have any idea yet when he’d return to the ring.
But it could be just a few months from now, maybe in October or November.
“I will decide after the elections,” said the boxing icon who is seeking a congressional seat in his hometown in Sarangani when the Philippines holds its national elections in May.
Pacquiao lost his bid for Congress in 2007 and has sought a return bout. This time he’s hoping to be successful the way he is on the ring where he hasn’t lost in his last 12 fights.
His promoter, Bob Arum, is almost certain of a political victory for his boxer.
“So, the next time I will introduce Manny, whether it’s in a press conference, he will be introduced properly, as Congressman and the Honorable Manny Pacquiao,” said Arum.
“He will win the elections and he will still fight.”
The Top Rank president was in the Philippines when Manny ran for public office in 2007, and said it was a pity that under its laws, a foreigner is not allowed to dip his hands in the game.
“As an American, I’m forbidden to participate in Philippine politics,” said Arum, a Harvard-educated lawyer who once served under the Kennedy administration.
“So, when last time he asked me to come over and support him they did allow me to join campaign rallies but they forbade me to speak. And you know how hard that is,” said the ageless boxing promoter.
“I wasn’t allowed to speak and I wasn’t allowed to do interviews,” he said.
“The only good thing was that I wasn’t allowed to contribute to his campaign fund as well.”
That brought the house down.
Chief News Editor: Sol Jose Vanzi
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