Manny Pacquiao's Win Over Brandon Rios Can Help His Reported Money WoesManny Pacquiao can take home as much as $30 million in his latest bout with Brandon Rios at the Cotai Arena in Macau.
Bob Arum, Top Rank promoter, said Manny has a guaranteed take-home pay of $11 million and another $7 million for his Manny Pacquiao Promotions. This figure can reach as much as $30 million once the pay-per-views are accounted for. Brandon, on the other hand, has a guaranteed pay of $4 million.
But sports business writer Kurt Badenhausen is not as optimistic as Bob. He said it is impossible Manny's earnings can reach $30 million. A $20 million paycheck is the more likely since his PPV audience have been decreasing since his heyday.
The Rios fight is Manny's 18th PPV with the first 17 generating 12 million buys and $650 million in revenue. However, his past nine PPV fights have only gotten past the one million mark.
But Manny's only fight that figured at more than one million was his third round fight with Juan Manuel Marquez. Based on this, Manny would have only earned $30 million for the Rios fight, bringing his career total earnings to $300 million, including his myriad endorsements.
Whatever the figure is, this will surely help Manny's reported money woes, which was caused largely by his enormous largesse and impulsive charity activities.
His political ambitions might also be the cause of the depletion of his bank accounts, some sources said.
Bob's decision to hold the bout in Macau is seen as another way for him to help his ward since Macau imposes much lower tax than Las Vegas--12% in Macau and 39.6% in the US.
Next year, Bob is looking to place Manny in two fights--one in Macau and one in Las Vegas.