Pacquiao says he needs the money. How is this even possible?

With his enormous entourage he was known to on multiple occasions have spend his purse before he actually earned it.
He's going the way of Tyson and Holy if you ask me.

 

Pacquiao has spent quite a bit on projects in his homeland, his entourage was like MC Hammer's, and Arum is probably raping
him royally TBQH, Pac should go talk to Al Haymon (I'm being dead serious)

 

Hes also can huge lego fan.hes build huge structures out of the stuff which cost a hell of a lot more per m2 than proper building materials would cost

 

Dude is buying the electorate. Hospitals, schools, fire stations, plus all his "smaller" acts of charity.

I'd contend he is going the way of Duran, rather than Holyfield et al.

 

http://www.japantimes.co.jp/culture...he-years-first-true-blockbuster/#.V6x2j8vTXqA

One of his structures can be seen if you scroll down the page

 

Hopefully this story don't end like the Great Alexis Arguello.

 

Its great that he gives so much back but that shouldn't come at the expense of making himself broke.

Ironically the Mayweather haters were the ones saying how after he retired he would be back fighting due to needing the money. Claimed Floyd wasted money and on his entourage etc etc.

Pacquiao should of went to Floyd and asked for advice on investing his money.

 

Manny needs to drop his so called friends. Some of his friends sound like free loaders.

 

Legos? atsch

Unbelievable.

 

Oscar and 50 don't like Floyd so I really wouldn't take what they say as Gospel.

I would think Al Haymon make's sure Floyd's money is invested in the right places so Floyd's money works for him.

As far back as when Mayweather questioned what Arum was paying him his been very astute is making sure he got paid extremely well in boxing and maximising the returns what his talent and persona could generate. That alone makes me think in retirement his no different and his money isn't wasted but invested wisely to make sure it gets him the best return possible without stupid risks.

 

Look at the history of boxers who have amassed so much wealth only to end up broke or bankrupt. They are various reasons why but the common thing is that they ended up running out of money.

If it's true that Pac needs money, this goes back to how generous he is with his money (he's usually mobbed by people in his hometown asking for a handout), he has a large entourage and before finding God was a huge spender.

Thhere have been other finiancial set backs such as owing tax money and God knows how much Arum and co take off him.

 

Pac is going broke eventually. Sad stuff.

 

I mean he's not broke at all right now and he certainly has enough money but he does support his extended family and friends. What's wrong with a multimillion dollar paydays for fights and getting more money for the future? I'd probably be doing the same and milking what I can while I'm in earnings prime

 

Mike Tyson and Evander Holyfield both made 500 million dollars and now they are both broke. Manny Pacquiao made roughly that too so I guess it happens. Big entourage, big house, big family, big generosity, plus he might be personally financing elections in the Philippines and that ain't cheap either.