Pound-for-pound king Manny Pacquiao wont agree to fight Floyd Mayweather Jr at the Staples Center in Los Angeles and his adviser Michael Koncz believes Mayweather himself wont agree to fight there either. Golden Boy Promotions CEO Richard Schaefer who called off a planned visit with Top Rank promoter Bob Arum and HBO Sports Ross Greenburg to Dallas, Texas to talk to the owner of the Dallas Cowboys new state-of-the-art stadium Jerry Jones at the last minute, announced that AEG had offered a $20 million guarantee to stage the fight at the Staples Center. Schaefers decision forced Arum to cancel the trip which he said was an embarrassment since they hadnt even given Jones the courtesy of listening to what his offer was. Arum told us he suspected there was something fishy going on. Schaefers announcement of the AEG offer appeared to confirm Arums suspicion since AEG and Golden Boy Promotions have shared business interests. When www.insidesports.ph, Standard Today and Viva Sports contacted Golden Boy Promotions vice president and international matchmaker Eric Gomez at 2:00 a.m. on Friday (Manila Time) he said I have no idea of whats going on because I have been in Chicago for the last few days attending to the Juan Diaz Paulie Malignaggi fight and I havent had any contact with Richard (Schaefer) with regards to that (Pacquiao vs Mayweather). I know hes still working on it. I dont know what happened. I dont have any information. Just call Richard at the office. When we called Schaefer, the operator at Golden Boy got back to us after connecting to Schaefers office and said Richard is not taking any calls from the media regarding the Mayweather-Pacquiao fight. Koncz called us at 5:00 a.m. to tell us Manny is not interested in fighting in LA. Im going to advocate against it also for the simple reason that it's going to cost Manny an additional $3-$5 million in taxes to fight in LA. I mentioned to Manny that it looks like Staples Center and he said I dont want to fight in LA. I prefer Vegas and I didnt even tell him about the taxes. Koncz said he would give Bob Arum the courtesy of a call and if it's true it's Schaefer messing around then Ill probably give Al Hayman a call and make sure hes on the same page as us. I believe he is because I know Floyd doesnt want to pay the IRS (Internal Revenue Service) any more than he has to and then it's time for us to put our foot down. The promoters work for the fighters, the fighters dont work for the promoters. Koncz added the bottom line is Mannys preference is not to fight in California and I havent advised him not to do it for tax consequences which is an 11 percent tax plus I havent confirmed the amount but theres an additional special athletic tax for foreigners who take part in sports in California.
I'm kind of surprised that Pacquaio who trains in L.A. turned the Staples Center Down. He would have more of a home town advantage than Mayweather would.
Because if they have it in Manilla, they PPV numbers will suffer terribly due to the time difference. Even Pacquiao would reject that idea.
Well Staples center would not be a good venue considering higher tax on that place. That's why pac would outrightly rejects that. Imagine pac is not a american and how much was the tax cut on his earning in his fights in vegas, how much more in LA. At least pac has practical good reason for rejecting the fight in Staples Center.