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> Scared of the Taxman?, Is Pacquaio telling the market that made him to suck an egg?
Cheesey1
post Feb 13 2013, 06:07 PM
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Nice to see that Top Rank and Pacquaio are prepared to say a big F.U to the market that made Pacquaio.

No matter how popular he is in his homeland, without the American market, Pacquaio would not be anywhere near the level he is now.

Of course Pacquaio can do whatever he wants, but people should call it for what it is once and for all and stop painting him as some sort of good guy (of course they won't, but I like to dream).

I don't care where he fights, or if he fights again. I just thought this was too funny to ignore.
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BigFightFan
post Feb 15 2013, 06:47 AM
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Manny is at the end of his road and knows he needs to make enough cash in his last few fights to survive after boxing. We all find ways to save and cut cost when it's crunch time.
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Cheesey1
post Feb 15 2013, 09:17 AM
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QUOTE (BigFightFan @ Feb 15 2013, 06:47 AM) *
Manny is at the end of his road and knows he needs to make enough cash in his last few fights to survive after boxing. We all find ways to save and cut cost when it's crunch time.

Then he should make the Mayweather fight.
Even with the changed dynamics, it'll still pay him more than two, possibly even three matches against guys not named Mayweather, especially since Marquez told him "hasta la vista."
If they offer him $40MM with hardly any/ none of the American PPV (which he should be fine with since he's no longer interested in fighting here), that's a better deal than fighting three more times and sustaining more damage for essentially the same money.

Also the tax hit they're talking about is probably not the actual number after he takes all of those massive deductions for expenses - payng his trainers, entourage, travel etc.

This post has been edited by Cheesey1: Feb 15 2013, 09:23 AM
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Cshel86
post Feb 15 2013, 11:42 AM
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QUOTE (Cheesey1 @ Feb 15 2013, 09:17 AM) *
Then he should make the Mayweather fight.
Even with the changed dynamics, it'll still pay him more than two, possibly even three matches against guys not named Mayweather, especially since Marquez told him "hasta la vista."
If they offer him $40MM with hardly any/ none of the American PPV (which he should be fine with since he's no longer interested in fighting here), that's a better deal than fighting three more times and sustaining more damage for essentially the same money.

Also the tax hit they're talking about is probably not the actual number after he takes all of those massive deductions for expenses - payng his trainers, entourage, travel etc.

Couldn't agree more, especially with the bolded part.

Not sure if Bob will ever let Manny fight Floyd, and Manny attempting to buy out of his lifelong contract with TR, is nothing more than a fairy tale...nearly impossible. If anything, that buyout will cost him MORE money and court fees for litigation.

Bob is comfortable with Manny fighting other TR fighters, because he (Bob) doesn't have to share his books with another promoter, like DiBella, Shaw, Goosen, etc. Both fighters belong to Bob, so he'll just say, "Hey Manny, I can only pay you (insert million dollar amount), and I can only pay him (opponent) $5M (or lower)".

That way, he doesn't have to tell the copromoter how much was spent on pressers, travel, and most of all, he doesn't have to share the return on what the fight made. He has two guys (Manny and his opponent) in front of him, that knows how much they're getting, and rarely needs to research what really goes on with the money and promotion of the fight.

Bob could be telling them anything, who knows. I'm sure Bob is using endless methods to keep his pockets lined, can you blame him? He may not have many years left on this Earth, but his family will be well taken care. How many fighters can confirm the same financial arrangements? Trust me, I pass by Holyfield's house on a weekly basis, and it hurts to watch, but my biggest question is, how in the hell did it get to that point?
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Posts in this topic
- Cheesey1   Scared of the Taxman?   Feb 13 2013, 06:07 PM
- - daprofessor   QUOTE (Cheesey1 @ Feb 13 2013, 06:07 PM) ...   Feb 13 2013, 06:20 PM
- - Cshel86   QUOTE (Cheesey1 @ Feb 13 2013, 06:07 PM) ...   Feb 13 2013, 08:46 PM
- - Cheesey1   CShel, yeah man. Those were the good old days, ...   Feb 13 2013, 10:36 PM
- - mrchitown   I thought it was mildly entertaining how after he ...   Feb 13 2013, 11:54 PM
|- - bnoles4life   QUOTE (mrchitown @ Feb 13 2013, 11:54 PM)...   Feb 14 2013, 08:07 AM
|- - mrchitown   QUOTE (bnoles4life @ Feb 14 2013, 07:07 A...   Feb 14 2013, 08:06 PM
- - mgrover   tbh if it really is 40% tax that's a fucking l...   Feb 14 2013, 05:47 AM
- - Cshel86   As long as my measly check looks the same every tw...   Feb 14 2013, 09:56 AM
- - checkleft   QUOTE (Cshel86 @ Feb 14 2013, 10:56 AM) A...   Feb 14 2013, 11:14 AM
|- - Cshel86   QUOTE (checkleft @ Feb 14 2013, 11:14 AM)...   Feb 14 2013, 12:01 PM
- - Cheesey1   Nothing's wrong with making sure that you take...   Feb 14 2013, 03:17 PM
- - BigFightFan   Manny is at the end of his road and knows he needs...   Feb 15 2013, 06:47 AM
|- - Cheesey1   QUOTE (BigFightFan @ Feb 15 2013, 06:47 A...   Feb 15 2013, 09:17 AM
|- - Cshel86   QUOTE (Cheesey1 @ Feb 15 2013, 09:17 AM) ...   Feb 15 2013, 11:42 AM
- - Cheesey1   No doubt TR's contract with Pacquaio's iro...   Feb 15 2013, 01:43 PM
- - Franchize   QUOTE (Cheesey1 @ Feb 15 2013, 01:43 PM) ...   Feb 15 2013, 02:46 PM
- - Cheesey1   QUOTE (Franchize @ Feb 15 2013, 02:46 PM)...   Feb 15 2013, 03:22 PM


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