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Friday, January 16, 2009

Pacquiao not amenable to 50-50 split

MANILA, Philippines – Now the promoter and the fighter are not meeting eye-to-eye.

Top Rank boss Bob Arum, who is negotiating Manny Pacquiao’s upcoming fight against Ricky Hatton, wants the revenue split at 50-50, but his fighter thinks he's worth more than that.

In a Friday article in the Manila Bulletin, Pacquiao said his decision remains firm saying that he must get the bigger share of the revenue purse in his planned fight against British boxing superstar.

In an earlier report, Arum said he had talked to the Pacquiao camp to explain the 50-50 split that they finally accepted after getting the assurance that half of the pay-per-view sales in Hatton’s country will be added to the Filipino boxing icon’s earnings.

Arum added that Pacquiao’s camp finally agreed when he finished talking to them.

Pacquiao, however, is not convinced and still wants the revenue split at 60-40 with him getting the bigger share of the revenue pie.

Pacquiao already hinted that he won’t sign the contract in his scheduled 12-round bout with Hatton if the offer stood at 50-50.

Pacquiao, who went 3-0 after fighting in three different weight divisions last year, said that he should get the bigger share after becoming the sport’s undisputed pound-for-pound king after beating future Hall of Famer Oscar De La Hoya.

Pacquiao became the sport’s biggest crowd drawer after his eighth-round demolition job of the Golden Boy in their “Dream Match" last Dec. 6, 2008. – GMANews.TV


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