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[thehype]

Thoughts on how this will have an impact on his relationship with Top Rank:

MANNY PACQUIAO HIRES OUTSIDE FIRM TO HANDLE BOXING CONTRACTS; ALTERS LANDSCAPE OF TEAM PACQUIAO

According to a press release on his official website, MP8.ph, Manny Pacquiao has hired the services of VisionQwest Resource Group, Inc. and VisionQwest Accountancy Group, to handle "all accounting, personal and business tax, audits and examinations, as well as all contract reviews." The firm, which specializes in in taxation, corporate finance and organizational structuring, strategic planning and marketing, will now be responsible for reviewing all contracts, including those regarding his boxing career, prior to his signing. The most interesting information noted in the press release is that VisionQwest has retained the services of "a strong boxing business professional who has a solid background in fighter management and negotiations."

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http://www.fighthype.com/pages/content10357.html

[Eighty88Eight]

What, other than making a poor business decision on a spur of the moment, constitutes Manny being a less competent business decision-maker than his wife? And what exactly makes her more qualified to make business decisions? Perhaps we should find out the reason why VisionQwest was terminated before damning Bob Arum, no? If this stuff turns out to be true, and Bob Arums is revealed to be the conniving scumbag people assumed he was, this will turn out to be a pretty remarkable piece of reporting. Promoter's have taken so much advantage of fighters over the decades, and because of their legal naivety, they're usually incapable of doing much about it even if they have suspicions.

My only problem with all this is: Why isn't anyone else reporting on any of this? If at all true, it has much wider implications than just "Bob Arum screwing Manny out of money".

[thehype]

What, other than making a poor business decision on a spur of the moment, constitutes Manny being a less competent business decision-maker than his wife? And what exactly makes her more qualified to make business decisions? Perhaps we should find out the reason why VisionQwest was terminated before damning Bob Arum, no? If this stuff turns out to be true, and Bob Arums is revealed to be the conniving scumbag people assumed he was, this will turn out to be a pretty remarkable piece of reporting. Promoter's have taken so much advantage of fighters over the decades, and because of their legal naivety, they're usually incapable of doing much about it even if they have suspicions.

My only problem with all this is: Why isn't anyone else reporting on any of this? If at all true, it has much wider implications than just "Bob Arum screwing Manny out of money".

Perhaps saying she's "better at business" isn't the correct term, although, thus far, she appears to be doing a better job at running her business ventures than Manny is at running his own (i.e. MP Promotions). What's far more important is that she's more intelligent than him when it comes to recognizing the right moves to make. Manny takes a ho-hum approach to things. Instead of being proactive, he tends to not really care about things until something has already happened and it's too late. She, on the other hand, is far more astute when it comes to being interested in what's going on around her. That doesn't necessarily make her better at business, per se, but it certainly gives her an advantage at recognizing when she's being fucked over.

I know the reason why they were terminated. I spelled it out in the articles. Pacquiao was duped into it.

I couldn't tell you why no one else is reporting on it; same reason why they didn't report on him hiring VisionQwest I suppose. They're just not interested I guess. You would have to ask them.