Pacquiao’s wallet to grow bulkier
Manny Pacquiao is likely to increase his already formidable financial portfolio as he lines up more bouts this year and next.
If Pacquiao eventually decides to face Puerto Rican Miguel Cotto on November 14 in Las Vegas, Top Rank chief Bob Arum said there’s a big possibility that Pacquiao will end up earning the biggest paycheck of his illustrious career.
“Because,” said Arum in his typical New York drawl, “Manny’s got a bigger percentage in this fight.”
Pacquiao had to settle for a 33-67 revenue split when he fought and stopped Oscar De La Hoya in December 2008 and agreed to a 50-50 split with Ricky Hatton last May although Arum had to dig deep into his own pocket in adding an ‘‘extra’’ to make Pacquiao feel like a king.
Against De La Hoya, Pacquiao was guaranteed $10-million, while against Hatton it was $12-million, plus share in the pay-per-view and other revenue-generating schemes.
Forbes magazine reported a few days ago that Pacquiao’s victories over De La Hoya and Hatton totalled $30-million with revenue from more than two million pay-per-view buys in the US and England included, making him the sixth-highest paid athlete in the world.
According to Forbes, Pacquiao has amassed $40-million this year and last, trailing perennial topnotcher Tiger Woods, who earned $110-million. Ranked sixth overall, Pacquiao is just behind such luminaries as NBA star Kobe Bryant, the retired Michael Jordan and F1 ace Kimi Raikkonen, all tied for second spot with $45-million.
British soccer icon David Beckham got $42-million for solo fifth place.
Pacquiao is bunched at sixth with another NBA hotshot, Cleveland Cavaliers’ Lebron James and golfer Phil Mickelson and ahead of tennis idol Roger Federer and Nascar star Dale Earnhardt Jr.
When ranged with the salary and other perks of some of the country’s top athletes, Pacquiao’s earnings do not compare with the highest-paid professional basketball player taking just P500,000 ($10,000) a month, the undisputed king of billiards lucky taking home $100,000 in prize money from a competition overseas and a pair of US-based women parbusters occasionally striking pay dirt but nowhere near Pacquiao’s.
http://www.mb.com.ph/
If Pacquiao eventually decides to face Puerto Rican Miguel Cotto on November 14 in Las Vegas, Top Rank chief Bob Arum said there’s a big possibility that Pacquiao will end up earning the biggest paycheck of his illustrious career.
“Because,” said Arum in his typical New York drawl, “Manny’s got a bigger percentage in this fight.”
Pacquiao had to settle for a 33-67 revenue split when he fought and stopped Oscar De La Hoya in December 2008 and agreed to a 50-50 split with Ricky Hatton last May although Arum had to dig deep into his own pocket in adding an ‘‘extra’’ to make Pacquiao feel like a king.
Against De La Hoya, Pacquiao was guaranteed $10-million, while against Hatton it was $12-million, plus share in the pay-per-view and other revenue-generating schemes.
Forbes magazine reported a few days ago that Pacquiao’s victories over De La Hoya and Hatton totalled $30-million with revenue from more than two million pay-per-view buys in the US and England included, making him the sixth-highest paid athlete in the world.
According to Forbes, Pacquiao has amassed $40-million this year and last, trailing perennial topnotcher Tiger Woods, who earned $110-million. Ranked sixth overall, Pacquiao is just behind such luminaries as NBA star Kobe Bryant, the retired Michael Jordan and F1 ace Kimi Raikkonen, all tied for second spot with $45-million.
British soccer icon David Beckham got $42-million for solo fifth place.
Pacquiao is bunched at sixth with another NBA hotshot, Cleveland Cavaliers’ Lebron James and golfer Phil Mickelson and ahead of tennis idol Roger Federer and Nascar star Dale Earnhardt Jr.
When ranged with the salary and other perks of some of the country’s top athletes, Pacquiao’s earnings do not compare with the highest-paid professional basketball player taking just P500,000 ($10,000) a month, the undisputed king of billiards lucky taking home $100,000 in prize money from a competition overseas and a pair of US-based women parbusters occasionally striking pay dirt but nowhere near Pacquiao’s.
http://www.mb.com.ph/
0 comments:
Post a Comment