Mayweather vs Pacquiao: Floyd Mayweather And Manny Pacquiao Far Apart Financially
by Waldo Rastel on Feb 21, 2012 12:35 AM EST
in Boxing News Analysis
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An intriguing report from Kevin Iole documents how far apart Floyd Mayweather and Manny Pacquiao are at the bargaining table. Manny tells Iole that he still wants the fight, but Floyd's offer was absolutely ridiculous. If you remember this soap opera correctly, you remember that Floyd offered Manny a joke flat $40 million offer and then Manny countered with a joke $50 million offer with the winner taking an extra 10% of the PPV money.
"He talks, he says all this, but you know what: He doesn't want the fight," Pacquiao firmly told Yahoo! Sports in an exclusive interview. "I want the fight. I'm the one who has wanted this fight all along."
"He offered me $40 million, and no pay-per-view [money]," Pacquiao said, breaking into a laugh. "No pay-per-view. Can you believe that? Would you do that? Come on. What would he say if I offered him $50 million - not $40 million, $50 million - and said ‘No pay-per-view. Take this money and be happy, but no pay-per-view.' He wouldn't do it, either."
Manny then spoke about which demands need to be met for this fight to happen.
"I told him, ‘OK, 50-50 [with the money] and I'll agree to everything else,' " Pacquiao said. "I told him I would agree to all of the other things he was demanding. Everything. Even the blood testing he wanted, I would do it. But it had to be 50-50."
Floyd's right hand man Leonard Ellerbe responded to the fact that the fight needs to be split 50-50
"What Manny Pacquiao has to understand, and I don't think he understands this part, is that if the fight ever comes off, he'll never make the kind of money that Floyd makes," Ellerbe said. "That's simply because of the structure of his terrible deal with his promoter. [Pacquiao] is a guy who doesn't know what he makes fight to fight. He has no idea of where the revenue comes from. There's no way he's going to come up with something like that [offer] off the top of his dome."
I will reiterate something that Scott said earlier in the week:
This fight will not happen in November. It will probably never happen.
Floyd is not going to give Manny a 50-50 split and leaving over $10 million in the hands of the judges is never a good idea. These guys can still make a ton of money without each other, so expect this kind of bickering to continue until the status quo changes drastically.
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Floyd...
Is is not right. Manny deserved 50% of everything $$$. If this fight never kicks off. We all know mayweather never really wanted 2 deal with the pacman.
by DiE_HARDFER on Feb 21, 2012 12:48 AM EST via mobile reply actions
40 milion is no joke, but in the context of this fight that’s a laughable offer. It’s totally unserious.
by Sammlung on Feb 21, 2012 1:52 AM EST up reply actions 1 recs
ive come to grips with the fact that this fight will never ever happen
"After this, I'm gonna kick Bob Arum's ass."
-George Lopez
Welcome to the club...
what took you so long?
denial...
stupidity…
naiveness…
mostly denial
"After this, I'm gonna kick Bob Arum's ass."
-George Lopez
by Eddie Gonzalez on Feb 21, 2012 2:16 AM EST up reply actions
It's orse that what it sounds
Floyd offered (via Koncz) a flat 40,000 to Manny. No split. No upside.
Nothing…besides 40 million dollars.
The accurate assumption is that Floyd, like Manny/Top Rank, knew full well when he made that offer that this fight was worth well in excess of 100 million, all told. So Floyd’s offer amounted to far less that 50/50; equally a non-starter and an insult.
Whoever has convinced and enabled Mayweather to believe his own value to be that high…in this case, potentially 50% or more higher than Pacquiao’s, has done him a great disservice.
A truly great disservice.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
$40 million?
I’ll fight Floyd for $40! Get him on the phone to my agent!
Don't be so hasty and short change yourself.
Manny offered that more than that plus a split of all other revenues.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
so would I
but the difference is we bring shit to the table. were Manny brings his own dollars and sense, he is worth far more in this sense
He knows the guy with the bandage on his ass is going no were. Were you going fucking no were
by Elstriko on Feb 21, 2012 4:17 AM EST via Android app up reply actions
The headline is a bit misleading
I thought it was gonna detail their financial earnings in fights and who is pulling away from the other
That $40 million offer tells me they aren’t even at the table to pull away from each other.
by El Destruyo on Feb 21, 2012 10:03 AM EST up reply actions
Didn’t want to use either “negotiations” or “bargaining table” because these two are not in negotiations and are not at the bargaining table. Maybe Manny and Ellerbe recall recent negotiations would be more clear?
"The bell that tolls for all in boxing belongs to a cash register."
-Bob Verdi
by Waldo Rastel on Feb 21, 2012 2:47 PM EST up reply actions
Ellerbe’s point is useless. He’s probably right that Floyd will make more, but that’s not their business. Their business should be to divide the pie up into two equal pieces. If Bob Arum and TR take a big piece out of the Pacquiao side (which they’re entirely entitled to do considering they are his promoters) then that’s of no consequence to Floyd. He shouldn’t care what happens to that 50% once it’s out of his hand. If Pacquiao wants to distribute it amongst all the hanger-ons he has, then so be it. But the fair thing to do is to divide it equally. So, if Floyd is not willing to do that, this fight will never ever happen. And you know what, I’m okay with that.
I think
Somewhere along the line Ellerbe had mentioned that they offered Manny 40 million flat, paid to him directly and not Arum. No way this would ever pass muster, but I think that was his point.
I agree with you entirely, So Manny makes less money from 50/50 than Mayweather, the point is that they agree to an even split.
Who guarantees Floyd’s part in his fights? Like, considering he has no permanent promoter, who is it who stumps up $40m per fight?
by Shitali Klitschko on Feb 21, 2012 10:56 AM EST via mobile reply actions
I’d assume Golden Boy does since they have promoted his past fights. He does not have a long term contract with them but they must still be getting some piece of the pie since they are not likely to be doing charity work for Floyd. So all the talk that whatever % Floyd gets its all for Floyd has to be BS, since some of it must end up in Golden Boy’s hands.
Let's face it...
…Manny is absolutely accurate in stating that Floyd has NEVER wanted this fight. And anybody who thinks otherwise is in denial or just not using their “dome” (isn’t Ellerbe a wit? — well, maybe half…).
Geezus, I’m praying that Cotto brings the fight of this life and makes Money beg for this match…
I have this idea for an auction
Of course, this will never happen, but if it were solely about an equitable split of money….
51/49 split of all revenue, but with a guarantee of x dollars for the 49 percenter, so that if x is more than 49%, they end up with more than 49%.
Start at $50 million and go up in $1 million increments. When someone says they would rather take 49% of the revenue with a guarantee of x, that’s the money split.
All this boils down is to is egos.
Mayweather and company want to cut out Arum. Period. They hate Arum and they ultimately want nothing to do with him. I feel in Floyd’s eyes Manny is guilty by association. The only way this fight gets made, is if Manny retires and cut ties with TR and some how Floyd and co. will coax Manny out of retirement to fight.
Will it work?… huge long shot. But I feel this is what we are dealing with. Definitely feel this is more viable than Floyd some how running away from a boxer who can’t deal with counter punching. We’ll see.
Why not say “we cannot work with Arum” instead of throwing out a laughable offer. Come on, you can’t pin the whole thing on Arum. Floyd cannot accept Pacquiao is a big star in his own right and deserves 50% of the money. I think that’s pretty clear.
Personally I don’t think it is all on Arum. But it’s imparative that they don’t want to work with Arum. Why comment on another fighter’s promotional relationship? Why fight a big name welterweight after they leave TR? I think its petty, but Floyd doesnt seem to want to fight TR fighters right now. Do you think Floyd would find a way to fight Tim Bradley in the future? Much less this fight, that has been on the back burner for 3-4 years now?
Boo shite
The facts are the facts.
Floyd did call….and he offered a flat 40,000,000 dollars to a star every bit and arguably of even greater value. His ‘offer’…if one can even call it that….was intented as a PR stunt because he, and evryone else attempting to get these two together for years, knows that the PPV revenues alone would exceed 100 million (some believe as high) and that does not include site fees, sponsorships, etc. In other words, Floyd was offering a buy out; one in which he ‘paid’ 40 million to Manny but he stood to make over a hundred himself.
The man is a poser. A punk. A smart aleck. And I will say it. A DUCKER. He never wanted this fight. he avoided it twice before and he does not want it now.
In case you think there is one iota of hope in arguing otherwise, think again. His appraching Pacquiao with 40 million dollars ‘all in’ INCLUDED Top Rank and/or whomever else Manny chose to pay with his ‘share’. That means that Floyd fully recognized that he was dealing with TR through Koncz and Manny, not avoiding them.
What he didn’t calculate was that this last ‘wiseguy’ offer would reveal what most have now concluded. That no matter what terms Pacquiao agreed to, Floyd would always move teh ball for one purpose. To AVOID fighting Pacquiao.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
Well, he did...
…move up to 154lbs to fight Cotto… where Pacquiao wouldn’t move, so I guess that’s where the ball is going next..
There is no need to try to understand the man (Floyd), he is just like that. and good at it.
At end of the day...
It’s all postering. He’s making offers that are insulting to TR, he said that Manny should get a new deal. He is fighting Cotto who is no longer with TR. I very much doubt Floyd is intimidated by Manny. I still believe it boils down to the fact that he doesn’t want Arum and TR making money off his fights. And if they are going to get some kind of money its going to be a lot less than what he wants for himself. Crunching numbers isn’t going to amount to anything. I’m sure the mysterious Al Haymon has a hand in this as well.
Guess what on the issue of ducking. Who was going to set up a fight in May for Manny if Floyd was in jail right now? Bob arum, the same guy who said May was too soon for Mannys cuts after the news that Floyd received his extension on serving his sentence. And the lists goes on…
And what month is Manny fighting?
June.
Mayweather had to fight in May. No one else had to…certainly not Manny. And he isn’t even though he said he would at 50/50 with all other terms met, Floyd balked and took the easy Money route fighting Cotto, Manny’s ‘see-by-date’ expired leftovers.
Give it a rest Clove.
The man ran and ducked from the this fight and now the fight is history. As in ‘his story’ will never be told without this episode.
I will never say it was fear that kept him from meeting Manny. Greed maybe. Narcissism and Ego definitely. He fails to understand that when he ‘retired’ twice, his spot was, if not taken, then at least matched, and/or even exceeded…and thus his value no longer what he perceived it to be.
Hayman and Golden Boy kissed his ass and made him believe he was the shit.
And in doing so, enabled him to his great disservice.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
Wrong again...
Arum was going to make a fight for May when Floyd was going to jail in January. But after the sentence date changed all of the sudden Manny couldn’t fight May due to his cuts. C’mon sir. Arum is hopping around Floyd’s dates just as much as you say Floyd is hopping around Manny.
Believe me Haymon and Golden Boy aren’t the only ones who think Mayweather is that good. Floyd is at fault for trying to control this whole situation. But people trying to put him in his place are making it worst not better. And what if Manny is the first to leave and Floyd is still fighting for years to come, who says Floyd’s popularity won’t rise the same way Manny’s did in his absense.
I know you guys are trying to craft Manny’s legacy as that of a new Ali. But i still feel Manny comes up short is some respects. And don’t jump to conclslusions, I’m not saying Floyd is that there either. But I feel right now Floyd looks better in the ring. And as long as he doesn’t take on a lot of punishment he stands to keep fighting til 40, if he continues in this manner.
Believe me Haymon and Golden Boy aren’t the only ones who think Mayweather is that good.
No they are not but they are the ones blowing smoke up his ass telling himwhat he already beleves…which is not true….that he is the most valued boxer on the planet….and that he deserves far more than the man who by every metric used to measure value is every bit his equal.
The fact is HE made the Pacquiao team an offer that he knew they would refuse…and instead chose to fight a guy that meets his former criteria for criticism; someone else’s leftovers.
Those are bonafide facts.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
If you were in the room with Floyd with Haymon and Shafer then yes those would be the bonfide facts. But I very much doubt that was the case. And blowing up boxers is nothing new, every boxer thinks that they are better than they are.
Like I said before, he doesn’t want TR to have a stake in his fights. It’s obviously to me he would rather fight Mannys leftovers outside of TR than under it. If we are going to see Manny vs Floyd, I feel in Floyd’s mind it’s not going to happen with Arum’s help. If that’s what Floyd wants he’s going to do it, no matter what.
Bonafide facts.
he fact is HE made the Pacquiao team an offer that he knew they would refuse…and instead chose to fight a guy that meets his former criteria for criticism; someone else’s leftovers.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
The greatest tragdy in all of this...
Is that Floyd will retire undefeated, and for the rest of his f’ing life we are going to listen to commentators say you can’t call him the best ever because he didn’t fight Manny, and then we’ll have to listen to his outright lies and ludicrous justifications as he explains it was really Manny that was afraid of him the whole time.
This fight is already less appealing than it was a year or two ago, Manny’s recent performances have made us all wonder if he might be slipping past his prime. Floyd’s fight was Ortiz was a joke, and regardless of what you think of who was at fault, in the end the people that bought the PPV were the only ones that lost.
I realize that Floyd was trying to insult Manny with the $40 million offer. If Manny wanted to win the fans over for good, he could have stepped up and said: “Floyd tried to lowball me, he made me an offer so out of whack that it’s clear he was counting on me to turn him down. However, I’ve told you fans all this time that I fight for you, and I love the sport of boxing – you fans want this fight, the sport of boxing needs this fight, and I’m going to give you this fight. Floyd, I know it’s all about money for you, so go ahead and take the bigger piece of the pie. Me? I’d rather take your undefeated record away from you.”
If Manny did that and took the fight, cut through all the politics, the BS and the money, and told the fans he was doing it for them and the sport they love, there’s no way he could lose. Even if Floyd knocked him out in the second round, his next PPV would still sell huge. Loyalty isn’t completely dead, and this country is so sick of hearing rich people bitch about money that he could win the fans over forever.
I know this would never happen, but a guy can dream…
Even if Floyd fought and beat Manny
Which will only be a possibility if there is a 50/50 split, you (still) can’t call him the best ever.
Not even close.
"Silence is golden when you can't think of a good answer"
---- Muhammed Ali
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