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October 24th, 2010 11:52 AM #1
Malapit na ang laban, sa Nov. 14, 2010 na, at malaki na naman ang kikitain ni Pacman
Pacquiao to earn $25M from Margarito fight
By Nicholas von Wettberg
INQUIRER.net
First Posted 09:06:00 10/24/2010
CALIFORNIA, United States—World pound-for-pound champion Manny "Pacman" Pacquiao stands to earn as much as $25 million from his November 13 fight against Mexican American Antonio "Tijuana Tornado" Margarito, according to his promoter Bob Arum.
"Manny is guaranteed $15 million for the fight, and including his share from the pay-per-view upside, he could make as much as $22 million to $25 million," Arum said in a phone interview from Manila.
Arum, chief executive of Top Rank Promotions, predicts that Pacquiao vs Margarito will exceed the almost 1.2 million PPV sales generated by Pacquiao's fight with Puerto Rican star Miguel Cotto last November 14.
The top boxing impresario also said Margarito, who is guaranteed $3 million for his biggest pay check, could earn as much as $7 million to $8 million if the PPV sales hit 1.3 million or more, as expected.
Pacquiao's distractions
Arum said he was glad that Pacquiao, who has had a hard time keeping his training schedule, is finally focusing on his preparations for his stab at a record-extending eighth world title in as many weight classes.
He stressed that Pacquiao has to be at his best to beat the bigger and stronger Margarito.
"I know that Margarito is training extra hard for this fight. I know that for a fact because I get updates from my fighters' camps," Arum said. "Manny is everyone's favorite, but if he comes less that 100 percent for the fight he could lose."
The Hall of Fame promoter branded as "crazy" the widening odds which showed Pacquiao now a 6-1 favorite in some online betting outlets to steamroll Margarito.
"Six-to-one odd is just crazy. To me the odds should be something like 2-1 or thereabouts," he explained.
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