Pacquiao and Mayweather are the #1 and #2 highest paid athletes in the world for 2011

Some people don't realize that the Kiltchko's are just as big as Mayweather and Pacquiao in Europe. Im pretty sure they're the 3rd and 4th money earners or maybe a little behind cotto

 

You mean laughing his toe off! :yep

 

so floyd made 40 million in one bout and pac made 50 million in two bouts yet pac won't accept 40 million from floyd?

Going by floyd stats in two fights floyd would have made 80 million compared to pac's 50 million. That's a huge 30 million difference. And Pac want's a 50/50. If this figure is true then floyd is right to offer pac a flat fee of 40 million.

 

So why does Pacquiao think he deserves 50-50 when he makes almost half of what Mayweather makes per fight?
Isn't that ducking?

 

http://msn.foxsports.com/boxing/story/Manny-Pacquiao-net-worth-just-26M-072111

According to an official document issued by the House of Representatives in the Philippines, current WBO welterweight champ, Manny Pacquiao has a net worth of approximately 1.134 billion PHP (Philippine Pesos), which comes out to just over 26 million in American Dollars. (The document takes into account all assets up to Jan. 1, 2011.)

Net worth is calculated by taking a person’s total assets, then subtracting their liabilities. The figure quoted above takes into consideration all Pacquiao assets, including real estate and pay from TV and radio performances, public appearances, album sales, licensing, local and international endorsements as well as the money earned from his fights.

Generating approximately $384 million in revenue from his PPV events prior to last May’s Shane Mosley bout, alone, the shockingly low net worth tells the tale of a fighter either quickly going through his money or in desperate need of an independent accounting firm to deal with some pressing business issues.

Enter, VisionQwest Resource Group, Inc., an agency specializing in contract issues and tax concerns.

As reported in a press release Wednesday, Pacquiao has retained the services of VisionQwest to handle all business dealing as well as review “all contracts from 2005 and going forward.”

Team Pacquiao is currently being reviewed and the management team streamlined in order to create a more effective business unit. In the press release, the Los Angeles-based firm also announced that they had “retained the services of a strong boxing business professional who has a solid background in fighter management and negotiations” who will be involved in all future contract reviews.

Tales of fighters and money woes are, sadly, as much a part of boxing’s history as devastating knockouts and shocking upsets, but these things are never nice to hear.

Pacquiao is still a very wealthy man and will likely remain one for the rest of his life, but it’s worth noting that some people, somewhere are enjoying the money that, rightfully, belongs to him.

Now he should be worth more now but not by much. I really don't care what these guys make bc I am not getting paid any of it. I just find it strange that Arum is claiming that he is making all this money but his net worth released by his own damn country states that he is worth 26 million at that time.

 

Exactly if pac is making 25 mil a fight and floyd is making 40 mil a fight, why the **** is floyd offering pac a 50/50?

Floyd will make 40 mill regardless of whether he fights pac or not. Pac on the other hand won't be making 40 mil in one fight, and that is the fee floyd is offering.

 

Pac doesn't know what he is making. Dude should have kept Vision Quest, bc had he done that he would be free from Arum and promoting himself right now as we speak. I honestly think Arum is paying him 20 million or so and keeping all the ppv money. Them advances that Manny gets is what is allowing Arum to steal from him and Koncz is in on it as well.

 

If it's true, that was from 2010 - Jan. of 2011. Pac made another $50M last year.

 

if its true its incredible- especially considering neither have a multimillion dollar deal with any endorser like nike or reebok or coke , etc. Most athletes get the bulk of their income from sponsors and neither of these guys are really backed by much.

the other thing that sucks - is that although its great that these guys are making this much coin, its a shame boxing is so top heavy in terms of its pay. in basketball and football, the 300th best athlete in that sport is still a millionaire and theres incentive for kids to take up the sport knowing theres room for many to make a living. the 300th best boxer in the world drives a cab and cleans spunk out of brothels as a night job.

 

Pac made more money than Floyd last year.:deal

 

And floyd made 40 million in one fight. How does that translate to him offering pac a 50/50 if these figures are true?

Pac in two fights made 50 mil.

Floyd in two fights will make 80 mil.

That's a 30 mil difference in the space of 12 months.

So how does a 50/50 to someone like floyd make any business sense?:think

 

If Mayweather and Pacquiao fight, the split should be 50/50 or close to it. Let me explain why.

First off, you have to consider that fact that the biggest money fight for either guy is eachother, and it's not close. Wlad was making much more than Haye in the bouts preceeding their bout. However, he couldn't make the money he would make against Haye that he could against anyone else. Haye's mouth, and crediblity as an opponent made him worth a lot more to Wlad than Haye had been worth the rest of his career. In the end, they settled on a 50/50 split. Think about this, Mayweather could make $30M-$40m against just about anyone. However, Pacquiao is the only fighter that could net him $60M-$70M.

Second, going along with my first point, you can't simply go off of fight purses from previous bouts. Because of how the Mayweather brand is constructed, he can net more money than Pacquiao. They don't negotiate fights the same way. In Mayweather's fights, he controls everything. He pays GBP a flat fee to help promote the fight, and negotiates with the network himself. He takes on more financial risk than Pacquiao, but reaps the bigger reward. As a result, a Mayweather and a Pacquiao fight could generate the same income yet yield Mayweather more money. In the end, I think revenue generated is a bigger factor in determining purse split than is past fight purses.

 

They should donate the money to charity.

 

PAcquiao makes $50 million in 2 fights.

Per fight - $25 million

Floyd guarantees him $40 million which is the highest he will ever get paid.

Percentage Increase - [(40-25)/25] x 100 = 60%

Pacquiao will be getting a pay rise of 60% if he faces Floyd, but he still doesn't want the fight. Hmmm...

 

But, he only fight once a year.