Tuesday, March 16, 2010

The rich Pinoy Hero Manny Pacquiao

Billionaire Pacquiao banks $12-M more
ABS-CBN - Monday, March 15

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[Billionaire Pacquiao banks $12-M more] Billionaire Pacquiao banks $12-M more

DALLAS – 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 de la 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 De la 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 de la Hoya 2008 $15 million 19. Ricky Hatton 2009 $13 million 20. Miguel Cotto 2009 $13 million 21. Joshua Clottey 2010 $12 million

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