Unconfirmed reports that Team Pacquiao is now studying option to buy-out Pacquiao's contract with Top Rank. The reasons: 1. favoritism of Top Rank with other fighters (as Arum shown towards Cotto, as well as Margarito) 2. deception and dishonesty of terms of contract with Cotto to protect the interest of Pacquiao and 3. unaccounted income from pay-per-view sales during dela Hoya and Hatton fights. Team Pacquiao is also not happy of the failed negotiations with Mayweather camp leading Floyd to chose Marquez because of Arum. There is supposed to be gentleman's agreement among members of Mayweather and Pacquiao camps for them to fight each other this fall, but Arum intervenes and wants to dictate the fight in his own terms, etc. Pacquiao was not impressed but Arum offers Cotto to pacify Pacquiao instead. Now, Arum is playing second fiddle to Cotto, just to get him re-signed in Pacquiao's disadvantage. Arum from the very beginning, knew that Pacquiao is interested in Cotto's title as said by the WBO President before Pacquiao-Cotto negotiation even starts. Now, Arum is playing dumbfounded about the supposed title fight. Team Pacquiao realized that Pacquiao, being a free agent, will able to maximize its earnings and will be able to surely dictate his fight's terms and conditions, like what dela Hoya did. Watch out for breaking but formal news regarding Pacquiao relationship with Top Rank... Source- Paclan News Bureau
PBF talked some business sense into Manny. LOL. I thought Cotto would get wise, but I see some fighters don't mind being slaves.
I bet that's part of the reason Arum wanted Pac to fight Cotto and no one else. Keep everything in house and make the most money. Smart business man, but seems like a snake.
Remember how Pac's 'advisors' almost killed the Hatton fight? This could be a bunch of his 'boys' thinking they can run his career better.
I was about to point this out. He mentioned similar problem that PBF mentioned about ppv money from DLH and Hatton fights.
This is good news. Arum treats Manny like dirt. I've often wondered if Manny will now get a cut of all profits Top Rank makes off of Cotto, since Cotto's re-signing was contingent on getting the Pacquiao fight.
He deserves to take care of his own business right before a possible retirement, which would only follow a Mayweather fight of course..... How much would it cost Pacquiao to break free ?