Manny donating $25 million to charity

Discussion in 'World Boxing Forum' started by WildStyle, Apr 30, 2015.


  1. WildStyle

    WildStyle J.C. Penny's belt $2.99 banned

    8,578
    5
    Sep 24, 2011
    By Keith Idec
    LAS VEGAS – Other than stating his superstar fighter will be cut a $25 million check on Saturday night, promoter Bob Arum declined Wednesday to discuss just how much money Manny Pacquiao could make overall for his fight against Floyd Mayweather Jr.

    “Floyd likes to talk about the money, and that’s his prerogative,” Arum said before a press conference at MGM Grand. “We’d rather not talk about the money because the more money we talk about the more charities line up to get a piece.”

    Whatever Pacquiao’s final take is from the fight, Arum anticipates that the IRS won’t be the only entity that’ll receive a large portion of the philanthropic Filipino superstar’s earnings.
    “Without any question,” Arum said, “I am sure that half the money Manny earns in this fight is going to go to charity.

    I’m sure. That’s Manny.”
    Pacquiao, a congressman and one of the most influential people in the Philippines, has donated millions of dollars to countless causes in his homeland.
     
  2. cslb

    cslb Obsessed with Boxing Full Member

    18,799
    10,063
    Jan 27, 2014
    What Arum didn't mention is that the charity is "The Arum Benevolent Fund".
     
  3. tarugojones

    tarugojones Boxing Junkie Full Member

    7,877
    0
    Jan 22, 2010
    Floyd will give $50M to Charity too. Charity Johnson is a stripper.
     
  4. juanitoboxing

    juanitoboxing Boxing Junkie Full Member

    8,010
    1
    Jul 28, 2008
    Huge tax write off but then again if he's donating to charity props to him.
     
  5. BewareofDawg

    BewareofDawg P4P Champ Full Member

    27,677
    184
    Apr 8, 2006
    :rofl
     
  6. MVC!

    MVC! The Best Ever Full Member

    60,129
    5,613
    Nov 5, 2013
    Bob Arum charity fund.
     
  7. dublynflya

    dublynflya Stand your ground Son!! Full Member

    5,727
    7
    Oct 30, 2009
    :lol:
     
  8. dangerousity

    dangerousity Obsessed with Boxing Full Member

    20,253
    2,301
    Jan 4, 2005
    It's not to American citizens so it doesn't count.
     
  9. WildStyle

    WildStyle J.C. Penny's belt $2.99 banned

    8,578
    5
    Sep 24, 2011
    :deal
     
  10. antonio plaisir

    antonio plaisir the detonator Full Member

    7,061
    3
    Nov 30, 2012
    this won't please teewoods.
     
  11. markq

    markq Obsessed with Boxing Full Member

    20,453
    7
    Apr 26, 2010
    LMFAO, it's called tax write-offs. You can bet Floyd will leave more to "charity". That's why Pac only donated $20K to typhoon victims in his own country because the write off checks had already been written.

    MarkQ KNOWS!
     
  12. alexthegreatmc

    alexthegreatmc Sound logic and reason. You're welcome! Full Member

    39,120
    1,801
    Sep 10, 2013
    Arum doesn't talk about the money for two reasons: 1) How much he's taking from Pacquiao and 2) the IRS.
     
  13. damian38

    damian38 BigDramaShow Full Member

    25,548
    203
    Sep 11, 2011
    :lol::rofl
     
  14. Scar

    Scar VIP Member Full Member

    76,121
    2,761
    Jul 20, 2004
    Got to admit, that's funny. :lol: :finger5
     
  15. NSX-R

    NSX-R Active Member Full Member

    514
    1
    Jan 21, 2006
    Pacquiao will be broke in 20 years.