Useful words in boxing and politics: anxiety and delusional
Many think that Arum, with the possible exception of the huge showdown fight against Floyd Mayweather, will try to keep Pacman bout as Top Rank in house affairs. Cotto, for example, is a Top Rank chattel who has or had a contract due to expire at the end of this year.
I asked Arum about that at a New York press conference and he said it is all poppycock.
"No, I will seek the maximum paydays for Manny no matter who handles the opponent," Arum said. "Golden Boy gets paid under our out of court settlement arrangement any way.
"If Manny fights a Golden Boy fighter, then Golden Boy gets 20 percent of my company's share of the profits from that bout. If Manny's opponent is not a Golden Boy boxer, then they get 25 percent of the profits we make.
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Manny Pacquiao Wears Victorinox Watch
Follow Manny Pacquiao's Life on Record as a Boxer, a Politician, Actor, Ambassador, his Fans, and his Family in Manny "Pacman" Pacquiao on Record.
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