Forbes: Manny Pacquiao is the highest paid athlete in the world

They also said Pacs networth was only 26 milly

 

I'm sure one of his millions would suffice paying off his VQ bill.....he just won't be paying voluntarily.

 

What's your avatar's name lol

 

The people on the Forbes list say that the numbers aren't accurate and that they think the editors just guess at the numbers. If he were in a good financial position, why would he hire Vision Quest, and why would he constantly need advances? Go ahead, I'll wait.

 

Sounds about right. At that point Pac had earned maybe close to $100 million. That isn't tax free (deduct 35%). Minus all he pays to Top Rank, the $20 million he spent from 2 congressional campaigns, all the money he's donated to charity.

$26 million of what Pac has actually kept sounds like the right number.

 

Money pacquiao

 

It's not uncommon for people with money to hire accountants and financial advisors. Advances are common too. People and businesses take out loans all the time. Even if there is interest to pay, the interest is a tax write off. Ask any successful business owner. They'll all tell you the money they spent on building their business was mostly not their own. Even if their businesses fail, you can default on loans. No smart person would invest on their liquid assets. That is their money to keep.

 

so what???? oscar probably can buy pacquaio

 

Mayweather is woman beating coward...he will always be inferior to pacman

 

I made a thread about this already. Why post another?

 

Anyone not notice something here, Mayweather thought once in that time period and Pacquiao fought twice. Evidently then Pacquiao's should be higher.... Double up Mayweathers numbers and he would earn more.

 

Great for Pacquiao! Hopefully he is spending it wisely so he don't go broke when it's all said and done. But what I don't get is if he's the highest paid, why does he ask for advances from Arum? Something doesn't add up.

 

Highest paid with

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fights in 2011.. ? That doesn't help Manny's case at all if he's going that route. You guys do realize Floyd only fought once, right? Double that and he he's well over Manny.
Not that 50/50 isn't fair. But you guys need to be real and give up on this bs already.

 

wow