I'm not sure how much coverage this has got in the states, but it's a pretty interesting statement by Mayweather on the Pacquiao fight. He was asked about his next fight: "Certain fighters need to get their house in order before it can happen. I keep 100% of what I bring to the table. Pacquiao gives away 30% of the deal to people he works with. ". A bit different to the usual backwards and forwards. He's pretty much saying, Arum is the problem right? If you remember, Mayweather was in a pretty similar situation when he was chasing a De la Hoya bout for 2 years. To make the deal, he dumped Arum (on the basis that De la Hoya wasn't willing to give him a cut of the deal)
How come Arum is a problem when he is the promoter? Floyd is a promoter of himself. If Arum is his promoter then he would do the same. Simple logic for a dumb TS.
Same reason why Mosley had to dump Golden Boy to get Pacquiao Same reason marquez had to dump Golden Boy to get Pacquiao Same reason why Bradley's going to Top Rank Arum wants inhouse fights so he can maximise his revenues and wont put big fights with Golden Boy. Oscar on the other hand when he fought mayweather he didnt want Arum to get any money from the fight.Now Arum has been bashing mayweather at every opportunity and doesnt want to give Arum anything.
I'm getting sick of explaining stuff to you. Boxers like De la Hoya, and Mayweather don't have or need promotion. They sell fights on their names, and hence, keep nearly 100% of the fight purse. So if Oscar is fighting Mayweather as an example, 100% of the fight purse goes to the boxers. Manny however, has a traditional promotion deal. Meaning he hands 30% of all his deals to a combination of Arum, his management, and his team. Meaning, you have two options 1: They take the 30% out of the purse, to pay Arum to promote it. Meaning the boxers get a smaller pot 2: Manny pays Arum himself, and hence gives up so much money, that he really can't afford to accept anything but 50% Making the fight a lot harder to make.
It's not the same. Mosely and Marquez dumped GB over politics. Their fight contracts weren't a problem However Oscar didn't want arum involved for financial reasons. On the basis that Arum demands to co-promote these invents, and take his ridiculous cuts. It's financial. Why's Mayweather going to give Arum 30% of the deal?
Have a look at Mayweather's earnings, per fight, compared to Pacquiaos, and get back to me on this one. Floyd usually makes at least $40 from bouts. Manny, barely over $20 million. Where's the extra money coming from, from similar sized events? Probably the fact that Manny gives a lot of his away
O boy more mr. Wonderfull BS and his wacky assumptions. Why dont you ask greenburg what happened in negotiations with pac and floyd, instead of believing in your crazy assumptions.
Yes this is the main reason the fight is not happening. Mayweather will have to split the TV and promotional rights with Arum. Unless Arum can guarantee him 75 million or so, Floyd wont make the fight unless Floyd acts as the sole promoter paying Golden Boy a fee to stage the fight. It has more to do with that than Floyd being scared or any blood test issue. He can make a lot more money fighting guys like Ortiz than sharing with Arum who he despises.
Floyd also said in the interview they didn't want the Pacquaio PPV bandwagon to come to an end through making the fight. Remember Arum walked out of negotiations in the first place and they haven't agreed to the OSDT yet, Manny probably would but maybe Arum advised him otherwise to keep the bandwagon rolling
I'll find the link. I read it in a newspaper, in the UK, yesterday Here's the full quote "Pacquiao is in the news because he is attached to my name," the American said. "When they say Pacquiao, they say that's the guy they are trying to get to fight Floyd Mayweather. When they say Floyd Mayweather, they say Floyd Mayweather. All Pacquiao is doing is fighting my leftovers man. "Certain people need to get their business in order. We're talking about a guy that gives up, when he fights, 30 percent of the deal to two different companies. I keep 100 percent of the revenue." For his part, Pacquiao continually defers any talk of a Mayweather mega-bout to his promoter. "I'm not going to fight anybody as long as there is a problem with the decision of the promoter," the Filipino said earlier this year. "That's my promoter's job. I'm just a fighter to do my job and train hard for the fight."
I'll bet the way Mayweather spends money and all those people on his staff he probably walks away with comparable money. Arum should act as Golden Boy does and take a fee and allow the fight to be made. Hes just as much to blame, but he plays the blame it on Floyd card and it works. Floyd should be more vocal in that respect so people understand Arum could push to make the fight if he really wanted to. Im not Floyd fan, but I understand how all this works, and I dont blame Floyd for not wanting to use Arum.
That's basically his point. Manny gives up a lot of his deals to Arum, and other companies. If Arum's involved, this automatically means Mayweather is effectively giving up a lot of money he could be earning, to a guy he hates. What I'm saying is, if Manny was like Mayweather, they'd just pay GBP a fee to host the fight, and keep 99% of the money to themselves. If Arum's involved, he'll demand to co-promote, and take $20 million for doing next to nothing
i don't really care how much they are making. but you honestly think that floyd does not pay GBP, his trainer, sparring partners, steroid laden bodyguards and most of his hangers? standard of living in america is about 5 to 10 times that of the philippines so even if pac would get 20 or 30% less than floyd, his money would go a much longer way.