If a fight sells 700K PPV at 55$ a buy, that's 38.5M$ in revenue. If the cable distributors take half, there's 19.25M$ left If Clottey gets paid 3M$ there's 16.25M$ left Let's assume that the gate revenue covers the expenses of promotion, production, etc. Probably the gate covers more than that. 16.25M$ is the profit that Pac would share with Arum. 71% of 16.25M is 11.54M $ And that's being conservative.
Why are people arguing how much a fighter earns? Boxing legacy doesn't get measured on how much money they earned in the fight.
Now the Margarito fight makes perfect sense. If [read properly: WHEN] Manny losses to Margarito, his drawing power diminishes making him that much less attractive to a rival promoter - plus - to redeem that loss he'd have to deal with Arum...
Lying and deciet are his ways. He uses the media when he can gain from it but criticises it when it exposes him. Its sad for boxing and sad for the gullible Manny who thinks this guy has his best interests but in all Bob is really just looking out for number 1. Boxing is a business though and really Manny is his main meal ticket. Hopefully someone can get to Manny and tell him to become his own boss. He doesn't need to give a promoter most of his money.
Damn Arum is even ripping off Spanish beer and I drink Tecate every now and then. The Clottey accounting sent by Defendants to GBP lists only $66,300 in “Sponsorship Income.” Yet, Pacquiao’s own website acknowledged that Tecate beer was a sponsor of the Clottey Bout. As reflected by GBP’s accountings showing $630,000 in sponsorship income from the Hatton Bout and $870,000 from the DLH Bout, it is inconceivable that the Clottey Bout yielded only $66,300 in sponsorship income. Plaintiff does not know whether TR is also seeking to defraud Pacquiao and M-P, or whether they are participating in the fraud and are receiving payments based upon the unreported sponsorship income