Just reading that Manny's purse was $30 million for fighting Rios in China and that the money is basically tax free there. So when Floyd fans say that he should have took $40 million to fight him in Vegas where he would be taxed 40% they are basically talking rubbish as he is worth far more than that.
If I was Pacquiao, I'd fight Mayweather for free. $40 Million is pretty cool. Being the greatest fighter of all time, priceless. *MasterCard sues*
its 12% tax in macau, and he was guaranteed $18mil, and arum takes 30% supposedly to pay off the taxes each fight...
Source or stop making stuff up lol. The scene said 18 mill after PPV maybe 12 was guarentee for manny like always plus up side he has never made 30 mil for a fight nice try though.
PAC got more $$$ than PBF he spends PESOS plus endless endorsement deals! PBF pays his posse and other legal troubles, no endorsements!
30% is withheld by tr for the irs from his earnings in the u s. arum takes 27.5% off the gross as promotional fee.
Just Google Pacquiao gets $30 million to fight Rios. Several articles will come up. He had a guarenteed purse of $18 million which was expected to rise to $30 million with PPV revenue. That works out that he comes away with $26.4 million after taxes for fighting Rios against $24 million for Mayweather. Now of course he wants the Mayweather fight but why would he let himself get ripped off by $20-30 million.
Pac has made more than 40 million in some of his bigger fights with PPV money. He's had guarantees that were 20 million+.....his PPV money is where fighters like himself and Floyd end up making most of their money. Pac was guaranteed 18 million for this fight....not 12.