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Author Topic: Pacquiao promoter proposes Floyd money compromise  (Read 816 times)
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presa
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« on: May 13, 2012, 07:42:52 PM »

Pacquiao promoter proposes Floyd money compromise
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Manny Pacquiao's promoter Bob Arum has put forward a potential solution to how to distribute money between his charge and Floyd Mayweather Jr, in a bid to end the impasse over a fight.

For a long time the stumbling block to a contest was Mayweather's demand for Olympic-style drug testing in the run-up to the bout - a request that Pacquiao is now said to be willing to accept, having initially objected.

The new problem is how to share out the pay-per-view cash between the pair. When they spoke on the phone earlier this year, Mayweather reportedly said he would take home all the pay-per-view pot, and offered Pacquiao a flat $40 million fee, which was rejected.

Richard Schaefer, CEO of Golden Boy Promotions, which has helped to promote Mayweather fights in recent years, feels the unbeaten American is right to demand the majority of the pay-per-view money, while Arum disputes this.

"I think he should get the lion's share," Schaefer said to HBO. "And I think fair is fair. I think what we should do is have one of the big three accounting firms account the last fights, going back to let's say 2007, since we've been involved with Floyd Mayweather, account the pay-per-view numbers, account the live gates, accumulate all of these numbers.

"If you do the same with Pacquiao, and then you see what kind of ratio it is. If, in fact, they're the same, they produce the same amount of pay-per-views, the same amount of live-gate revenues, then you know what? Yes, it should be a 50-50 split. But if they don't, then why should it?"

Arum said: "Manny Pacquiao has now taken the position, which I endorse, [that] if Floyd Mayweather thinks that he is the greatest fighter of all time, let's do it 45% to Mayweather, 45% to Pacquiao and 10% to the winner. But we've got to have parity. If Mayweather really believes that he can beat Pacquiao, which I don't think he believes, he'll pick up more than 50% that way. But it's up to Floyd."
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« on: May 13, 2012, 07:42:52 PM »

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jaimie77
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« Reply #1 on: May 13, 2012, 07:51:09 PM »

Sounds very fair to me, winner takes the large share of the cash.

Floyd won't take it though.
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Tito
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« Reply #2 on: May 13, 2012, 08:04:28 PM »

I agree with Schaefer he makes some valid points. Mayweather can make $ $35 - 50 million facing anybody but Manny as never earned over $22 million. Why would you want to go 45% on something when he is getting 65% being his own boss.
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jaimie77
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« Reply #3 on: May 13, 2012, 08:11:48 PM »

I agree with Schaefer he makes some valid points. Mayweather can make $ $35 - 50 million facing anybody but Manny as never earned over $22 million. Why would you want to go 45% on something when he is getting 65% being his own boss.


Fair point of course but it won't make the fight.

Floyd says he wants to give the fans what they want. If this deal is the one to get the fight he should take it.
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Aaron
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« Reply #4 on: May 13, 2012, 08:14:45 PM »

Be shocked if Floyd accepted an arum proposal, I can't stand arum but if it makes the fight then so be it.
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7777
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« Reply #5 on: May 13, 2012, 08:15:01 PM »

Yawn, repeat, rinse, yawn  Roll Eyes

Greedy twats
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Bonters
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« Reply #6 on: May 13, 2012, 08:37:07 PM »

Yawn, repeat, rinse, yawn  Roll Eyes

Greedy twats

Correct!  (Yawn)   Wink
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Tito
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« Reply #7 on: May 13, 2012, 08:42:21 PM »

Fair point of course but it won't make the fight.

Floyd says he wants to give the fans what they want. If this deal is the one to get the fight he should take it.

Giving the fans the fight is one thing but why should he be dictated to by a man who is going to make $8 million doing jack shit. If Arum wants to give the fans the fight let him decline his % he don't need the money plus he is old and probably be dead within a few years.
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Dexter_Morgan
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« Reply #8 on: May 13, 2012, 09:42:27 PM »

I always ask myself what would I do in the same position and right now I'd tell Bob to do one.
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Aaron
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« Reply #9 on: May 13, 2012, 10:43:08 PM »

I always ask myself what would I do in the same position and right now I'd tell Bob to do one.
True.
Manny and Floyd should be the ones reaching the agreement, not Bob and Floyd. They are the guys going to putting it all on the line, F*ck Bob.
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brocktonbomber
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« Reply #10 on: May 13, 2012, 10:54:03 PM »

True.
Manny and Floyd should be the ones reaching the agreement, not Bob and Floyd. They are the guys going to putting it all on the line, F*ck Bob.
Unfortunately, Floyd works for Floyd and Manny works for Bob (not Bob works for Manny).
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cocksuckinknowitall
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« Reply #11 on: May 14, 2012, 01:33:39 AM »

I know, why don't both fighters, who are set for life, donate all proceeding to charity instead of being greedy bastards.
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stephen thompson
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« Reply #12 on: May 14, 2012, 02:01:53 AM »

Manny, Floyd, Arum, Scheafer, all top
Fighters and big promoters are killing boxing.
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« Reply #13 on: May 14, 2012, 12:34:31 PM »

Funny seeing all the Flomo's saying they would tell arum to get lost Grin, 45/45 with 10% more to the twinner is how it should be and none of this "manny can't ask for an even share" stuff coz thats bs no one can show a link where manny is asking for 50/50 after paying arum and i simply have never known a deal like that a boxer always pays from his share for example we play doubles at pool and win £100 and half it i can't come back and say "i need £10 more i owe my mum" i'd have to pay from my £50.
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Red
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« Reply #14 on: May 14, 2012, 12:53:35 PM »

I think Schaefer has the right approach.

Crunch the numbers and pro-rata the pot on that basis.
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