Thursday 23 December 2010

Mosley fight will earn Pacquiao record sum -- Manila Bulletin

By NICK GIONGCO, Manila Bulletin

MANILA, Philippines — Promoter Bob Arum said on Wednesday that Manny Pacquiao will earn the biggest paycheck of his career when he battles Shane Mosley on May 7, 2011 at the MGM Grand in Las Vegas.

"Manny's going to get his biggest payday," said Arum in a high-pitched tone from Las Vegas shortly after Pacquiao and Mosley formally agreed to slug it out in a welterweight 12-rounder.

Arum politely declined to provide even a ballpark figure but made the assurance the Filipino pound-for-pound king will be a very happy man after taking on Mosley before an expected capacity crowd at the 17,157-seat Grand Garden Arena.

Pacquiao has grossed at least $20 million each in his last few fights and the showdown with Mosley is another of those big-money bouts that has made the 32-year-old southpaw one of the richest sportsmen today.

Arum's optimism over the revenue that his promotional company and Pacquiao would receive from the Mosley fight stems from an incident that happened at the Top Rank offices minutes after Mosley reached out to boxing writers to say that the Pacquiao fight is indeed on.

"The phones just kept on ringing," Arum said excitedly, pointing to his stepdaughter Dena DuBoef's experience in the office.

"Dena received a lot of inquiries and I think once tickets are made available to the public, it will sell out quickly."

Arum said the priciest seat will be retailed at $1,000, while the cheapest will be at $150. Other prices include $700, $500 and $350.

Arum, who finalized the details of the Mosley fight when he spent almost a week in the Philippines, said a press conference in the US will be held in January followed by a four-city press tour sometime in February.

"Mosley is very excited and I am very excited as well. This will be a great fight," added Arum, who revealed that tickets would become available next month.

Pacquiao last fought on Nov. 13 in Texas where he beat up Antonio Margarito to a bloody pulp.

Mosley was held to a draw by Sergio Mora in his last outing last September.

Source: mb.com.ph

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