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Author Topic: Manny Pacquiao offered $10 million to fight Terence Crawford  (Read 3324 times)
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May 16, 2021, 07:53:54 PM
 #681

^^^^ You are right about the 2015 match between Manny and Floyd. From what I heard, the combined earning was $300 million (out of a revenue of >$500 million) and it was split 60-40. But let's not forget that this fight occurred six years ago, when both the boxers were in their peak form. Now earning that much will be very difficult, especially when Floyd has announced his retirement. Also the revenues will be lower anyway, due to the pandemic situation.
I think 10$ million offer for Manny Pacquiao to fight for Terence Crawford is very low. For sure he wouldn't accept that. And yeah right based on my research, 6 years ago on May 2, 2015,  Floyd and Mayweather and Manny Pacquiao fight they earn 600$ Million to be exact. To be honest it the richest fight of all time. Aside from the low offer, I can see Manny Pacquiao is now getting older, maybe he wouldn't  accept the offer no matter how big offer it is. And you said Floyd has announced his retirement so I conclude that's their last fight.
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May 16, 2021, 08:17:49 PM
 #682

That guy will fight for money again and it should be in favor to him just to remain his record clean and his reputation so I also don't think the fight between Mayweather and Pacquaio will happen again. Anyway, I don't see the latest update about Money fighting Terence since I heard the news about Fighting Garcia instead in July, no final announcement yet.
He's going in for any rematch as long as the price is right and it won't affect his professional record. Most of his fights today are just for showmatches and there's no need for him to comeback to the professional side instead he retired for it but eaten his words and it's not considerable that he really retired. He's still on it and he just can't leave boxing because there's a big money at stake that he might miss if he's truly retired.
Boxing is business and its no surprise that these kind of fight arrangements would take place depending into their decisions if its worth or not, not only basing up on the interest but also
into the money that they can purse on.
Yes, it's one of the biggest factor why they're declining or accepting the offer when there's already a talk about with their rumored opponents. And just as this topic, we don't how it is going because it's unlikely that this will happen and there's going to be another one that will be rumored again to fight Pacquiao. They are boxers and at the same time, their offers are high and it will depend if they'll accept it if the offer is indeed acceptable to them or not.



 

 

 

 

 

 


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May 16, 2021, 08:57:28 PM
 #683

That guy will fight for money again and it should be in favor to him just to remain his record clean and his reputation so I also don't think the fight between Mayweather and Pacquaio will happen again. Anyway, I don't see the latest update about Money fighting Terence since I heard the news about Fighting Garcia instead in July, no final announcement yet.
He's going in for any rematch as long as the price is right and it won't affect his professional record. Most of his fights today are just for showmatches and there's no need for him to comeback to the professional side instead he retired for it but eaten his words and it's not considerable that he really retired. He's still on it and he just can't leave boxing because there's a big money at stake that he might miss if he's truly retired.
Boxing is business and its no surprise that these kind of fight arrangements would take place depending into their decisions if its worth or not, not only basing up on the interest but also
into the money that they can purse on.
Yes, it's one of the biggest factor why they're declining or accepting the offer when there's already a talk about with their rumored opponents. And just as this topic, we don't how it is going because it's unlikely that this will happen and there's going to be another one that will be rumored again to fight Pacquiao. They are boxers and at the same time, their offers are high and it will depend if they'll accept it if the offer is indeed acceptable to them or not.
Boxers don't usually decide unless they are promoters at the same time. In this game, Bob Arum is the promoter, and even if Crawford would like to fight Manny but Arum would not agree, it will not happen and Crawford will have to look for other fighters that Arum would agree with.

Like you guys said it's business, no promoter would invest his money if he will not see a profitable return of investment.

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May 16, 2021, 09:42:31 PM
 #684


Boxers don't usually decide unless they are promoters at the same time. In this game, Bob Arum is the promoter, and even if Crawford would like to fight Manny but Arum would not agree, it will not happen and Crawford will have to look for other fighters that Arum would agree with.

Like you guys said it's business, no promoter would invest his money if he will not see a profitable return of investment.

You're right and no matter what happens, the boxer should trust his manager because he is the only one how to deal with the marketing strategy in the boxing industry. The boxers will just need to condition their body and practice some new skills to get some new fans and to be able to maximize their profit and with that, both parties are happy. No matter how Crawford wants this fight to happen if Bob doesn't see the profit he wants coming, it won't gonna happened this year or next year unless the Pacquiao team will add more to that offer.


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May 16, 2021, 09:46:32 PM
 #685

it won't gonna happened this year or next year unless the Pacquiao team will add more to that offer.


Or unless Pacquiao will lower his demand. It was reported that he is asking $40 million and $10 million for Crawford as a purse in this fight. In this current situation, that looks big for promoters to take, maybe if Manny would lower it to $20 million and Crawford will get $10 million or $5 million, this fight could potentially be realized.

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May 17, 2021, 03:25:05 AM
 #686

I think 10$ million offer for Manny Pacquiao to fight for Terence Crawford is very low. For sure he wouldn't accept that. And yeah right based on my research, 6 years ago on May 2, 2015,  Floyd and Mayweather and Manny Pacquiao fight they earn 600$ Million to be exact. To be honest it the richest fight of all time. Aside from the low offer, I can see Manny Pacquiao is now getting older, maybe he wouldn't  accept the offer no matter how big offer it is. And you said Floyd has announced his retirement so I conclude that's their last fight.

$10 million was the guaranteed purse, and not the entire offer for Pacquiao. As far as I know, Pacquaio was being offered $10 million in guaranteed payment, plus a large percentage of the revenue. The organizers were forced to lower the guaranteed purse, because they were not very confident about getting a large number of PPV buys, due to the location of the fight and the pandemic situation. In all probability, Pacquiao might have got what he was asking for (although not as guaranteed purse). I would still say that he was wrong in turning down the offer.

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May 17, 2021, 09:17:45 AM
 #687

I think 10$ million offer for Manny Pacquiao to fight for Terence Crawford is very low. For sure he wouldn't accept that. And yeah right based on my research, 6 years ago on May 2, 2015,  Floyd and Mayweather and Manny Pacquiao fight they earn 600$ Million to be exact. To be honest it the richest fight of all time. Aside from the low offer, I can see Manny Pacquiao is now getting older, maybe he wouldn't  accept the offer no matter how big offer it is. And you said Floyd has announced his retirement so I conclude that's their last fight.

$10 million was the guaranteed purse, and not the entire offer for Pacquiao. As far as I know, Pacquaio was being offered $10 million in guaranteed payment, plus a large percentage of the revenue. The organizers were forced to lower the guaranteed purse, because they were not very confident about getting a large number of PPV buys, due to the location of the fight and the pandemic situation. In all probability, Pacquiao might have got what he was asking for (although not as guaranteed purse). I would still say that he was wrong in turning down the offer.

Is there an article where we can read speaking about that figure? I think the amount of $10 million for Pacquiao in this mega fight.

In the fight against Thurman, Pacman has a guaranteed purse of $10 million according to https://www.cbssports.com/boxing/news/manny-pacquiao-vs-keith-thurman-fight-purses-prize-money-each-fighter-on-main-card-will-take-home/...

But this fight, it's a bigger fight, both fighters should make bigger amount.

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May 17, 2021, 11:00:48 AM
 #688

^^^ Here is the article from DAZN, which talks about the demand from Manny:

https://www.dazn.com/en-PH/news/boxing/manny-pacquiao-wants-40-million-to-fight-terence-crawford/1nu7wy1ied6031uq9l1qoe0oke

I can't get any official announcement regarding the numbers from the Crawford fight, because it was an informal offer which was made to Manny. But I think he is asking for too much. The guaranteed purse was $10 million for Manny's fights against Keith Thurman and Jeff Horn. And given the pandemic induced market decline, I think he should have gone with the initial offer.
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May 17, 2021, 08:05:54 PM
 #689

That guy will fight for money again and it should be in favor to him just to remain his record clean and his reputation so I also don't think the fight between Mayweather and Pacquaio will happen again. Anyway, I don't see the latest update about Money fighting Terence since I heard the news about Fighting Garcia instead in July, no final announcement yet.

The 2015 fight between Pacquiao and Mayweather generated around $500 million, and was one of the most revenue generating fights in the history of boxing. If they wanted a rematch, then it should have been arranged in the next 1-2 years. Now both the athletes are in their 40s and I don't think that a fight between them will generate enough revenue, on a level we had in 2015. Also, Mayweather has made it clear manytimes that he is no longer interested in a rematch. For all practical purposes, he is retired from boxing.
True, and it is not difficult to know why this was the case as there are many reasons for this, Floyd cares about his undefeated record so after he beat Manny then he had no more reason to expose it, however we also know that Floyd loves money so he could have fought again if the money was right, but that never happened, and that is because the fight was not interesting, the fight was boring and while I can appreciate the technical aspects, people were disappointed with the fight which meant that it will never generate as much money as it did back then.

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May 17, 2021, 08:23:10 PM
 #690

That guy will fight for money again and it should be in favor to him just to remain his record clean and his reputation so I also don't think the fight between Mayweather and Pacquaio will happen again. Anyway, I don't see the latest update about Money fighting Terence since I heard the news about Fighting Garcia instead in July, no final announcement yet.

The 2015 fight between Pacquiao and Mayweather generated around $500 million, and was one of the most revenue generating fights in the history of boxing. If they wanted a rematch, then it should have been arranged in the next 1-2 years. Now both the athletes are in their 40s and I don't think that a fight between them will generate enough revenue, on a level we had in 2015. Also, Mayweather has made it clear manytimes that he is no longer interested in a rematch. For all practical purposes, he is retired from boxing.
True, and it is not difficult to know why this was the case as there are many reasons for this, Floyd cares about his undefeated record so after he beat Manny then he had no more reason to expose it, however we also know that Floyd loves money so he could have fought again if the money was right, but that never happened, and that is because the fight was not interesting, the fight was boring and while I can appreciate the technical aspects, people were disappointed with the fight which meant that it will never generate as much money as it did back then.

With  kind of results people who watched that fight knew that if ever that the rematch happened it won't be interesting anymore.

The result itself is so disappointed and the fight that Mayweather did was nothing but to run away and keep defending to avoid Pacman's punch. promoters are not seeing any potentials to throw investment with this fight, that's why it not been talked that much anymore.
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May 17, 2021, 08:54:11 PM
 #691

You're right and no matter what happens, the boxer should trust his manager because he is the only one how to deal with the marketing strategy in the boxing industry. The boxers will just need to condition their body and practice some new skills to get some new fans and to be able to maximize their profit and with that, both parties are happy. No matter how Crawford wants this fight to happen if Bob doesn't see the profit he wants coming, it won't gonna happened this year or next year unless the Pacquiao team will add more to that offer.
Bob Arum is a leech and he makes his living from the millions these boxers make and even Floyd Mayweather started making huge amount of money after breaking off with Bob Arum and he had to pay close to a million dollars to get out of the contract and these fighters might not have that kind of money to get out of the contract and hence they are stuck and need to fight according to the promoters plans and it is a really pathetic situation in boxing which needs a change.
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May 17, 2021, 10:30:42 PM
Last edit: May 17, 2021, 11:24:16 PM by batang_bitcoin
 #692

Boxers don't usually decide unless they are promoters at the same time. In this game, Bob Arum is the promoter, and even if Crawford would like to fight Manny but Arum would not agree, it will not happen and Crawford will have to look for other fighters that Arum would agree with.

Like you guys said it's business, no promoter would invest his money if he will not see a profitable return of investment.
It's the two way round and both promoter and the fighter must come with the same decision to agree with the match that they'll have. There's still not that big news that we've heard lately about this and everyone is waiting probably for nothing because this fight won't occur just as what we've been expecting. For sure promoters like Bob only wants to get the best deal and he's probably asserting the interest of most fans which shall generate income for all of them.



 

 

 

 

 

 


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May 18, 2021, 06:45:40 AM
 #693

Bob Arum is a leech and he makes his living from the millions these boxers make and even Floyd Mayweather started making huge amount of money after breaking off with Bob Arum and he had to pay close to a million dollars to get out of the contract and these fighters might not have that kind of money to get out of the contract and hence they are stuck and need to fight according to the promoters plans and it is a really pathetic situation in boxing which needs a change.

That is how business works. Bob Arum created opportunities for the less known fighters. Now once they get all the fame and exposure, they want to break off and arrange fights on their own. It doesn't work like that. Arum needs to be compensated for his initial investment, right? And it is not just in boxing. In most of the other sports you can find similar contracts. And if you ask me, the $1 million payment made by Floyd is pretty minuscule, compared to what Arum would have earned if the contract was still in place.
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May 19, 2021, 02:03:54 AM
 #694

^^^^ You are right about the 2015 match between Manny and Floyd. From what I heard, the combined earning was $300 million (out of a revenue of >$500 million) and it was split 60-40. But let's not forget that this fight occurred six years ago, when both the boxers were in their peak form. Now earning that much will be very difficult, especially when Floyd has announced his retirement. Also the revenues will be lower anyway, due to the pandemic situation.
I think 10$ million offer for Manny Pacquiao to fight for Terence Crawford is very low. For sure he wouldn't accept that. And yeah right based on my research, 6 years ago on May 2, 2015,  Floyd and Mayweather and Manny Pacquiao fight they earn 600$ Million to be exact. To be honest it the richest fight of all time. Aside from the low offer, I can see Manny Pacquiao is now getting older, maybe he wouldn't  accept the offer no matter how big offer it is. And you said Floyd has announced his retirement so I conclude that's their last fight.

Yes, that's low but it's a decent amount of money, In his last fight against Thurman, he gets $10 million so that's the same amount. If only we are not in a pandemic right now and it's easy to generate revenue from a boxing fight, I'm sure even $50 million is not hard to achieve on Manny's fight.

If he will not take that amount of money, then he might not get into a fight, he just has to choose as a fight is very important for him since he is not getting any younger.  I hope the rumor vs Garcia and Manny would happen so we will not anymore talk about this fight.

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May 19, 2021, 02:36:34 AM
 #695

Bob Arum is a leech and he makes his living from the millions these boxers make and even Floyd Mayweather started making huge amount of money after breaking off with Bob Arum and he had to pay close to a million dollars to get out of the contract and these fighters might not have that kind of money to get out of the contract and hence they are stuck and need to fight according to the promoters plans and it is a really pathetic situation in boxing which needs a change.

That is how business works. Bob Arum created opportunities for the less known fighters. Now once they get all the fame and exposure, they want to break off and arrange fights on their own. It doesn't work like that. Arum needs to be compensated for his initial investment, right? And it is not just in boxing. In most of the other sports you can find similar contracts. And if you ask me, the $1 million payment made by Floyd is pretty minuscule, compared to what Arum would have earned if the contract was still in place.

I agree! this promoters also spend money to bring those unknown fighters and give them names, it's his right to earned from his investment right?

Now that those well known fighters already earned much and they are capable in paying the contracts it's their right or it's on their decisions whether to pay and go out or continue to work with those known promoters.

Bob Arum is not the only one for sure, there are lots of people inside sports communities who also make this thing for a living.

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May 19, 2021, 04:18:14 AM
 #696

I agree! this promoters also spend money to bring those unknown fighters and give them names, it's his right to earned from his investment right?

Now that those well known fighters already earned much and they are capable in paying the contracts it's their right or it's on their decisions whether to pay and go out or continue to work with those known promoters.

Bob Arum is not the only one for sure, there are lots of people inside sports communities who also make this thing for a living.

I would say that breaking a contract is very unethical in any field. Now the athletes may offer some monetary compensation in return, but still it leaves a bad taste on everyone. If the contract is signed for a specific period of time, then my opinion is that the athletes should abide by the terms and conditions for that duration which is marked out. Everyone is aware of the terms when they sign the contract, and there is no point in complaining later that some of the conditions are too exploitative.

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May 19, 2021, 09:19:48 PM
 #697

I agree! this promoters also spend money to bring those unknown fighters and give them names, it's his right to earned from his investment right?

Now that those well known fighters already earned much and they are capable in paying the contracts it's their right or it's on their decisions whether to pay and go out or continue to work with those known promoters.

Bob Arum is not the only one for sure, there are lots of people inside sports communities who also make this thing for a living.

I would say that breaking a contract is very unethical in any field. Now the athletes may offer some monetary compensation in return, but still it leaves a bad taste on everyone. If the contract is signed for a specific period of time, then my opinion is that the athletes should abide by the terms and conditions for that duration which is marked out. Everyone is aware of the terms when they sign the contract, and there is no point in complaining later that some of the conditions are too exploitative.

Definitely, because the contract is binding a fighter and bob and the contract should be followed as long as it's legal. We can understand why some boxers want to go out to be at their comfort and Bob already understands that he is a businessman, he always aims for profit and he is smarter than his boxers.

Human nature, we will never be satisfied, we always aim for bigger success.

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Jating
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May 20, 2021, 09:51:10 AM
 #698

Well there is still a chance that the fight might happen in the future, as Crawford contract with Arum's Top Rank is reported to be end by October,

Quote
Crawford’s contract with Top Rank Boxing will reportedly end in October 2021. Many have speculated that he will sign on with PBC in an attempt to secure fights with Manny Pacquiao and Errol Spence Jr. Time will tell if that’s the direction he will go in.

https://www.fightsports.tv/terence-crawfords-sister-goes-off-on-bob-arum/

So if Crawford sit it out the rest of 2021, and wait for his contract to end, so he can go directly to Manny or move to PBC to negotiate the fight.
Hypnosis00
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May 20, 2021, 11:43:26 AM
 #699

Well there is still a chance that the fight might happen in the future, as Crawford contract with Arum's Top Rank is reported to be end by October,

Quote
Crawford’s contract with Top Rank Boxing will reportedly end in October 2021. Many have speculated that he will sign on with PBC in an attempt to secure fights with Manny Pacquiao and Errol Spence Jr. Time will tell if that’s the direction he will go in.

https://www.fightsports.tv/terence-crawfords-sister-goes-off-on-bob-arum/

So if Crawford sit it out the rest of 2021, and wait for his contract to end, so he can go directly to Manny or move to PBC to negotiate the fight.

The only chance for this fight to happen if Crawford will not anymore renew his contract, hopefully, it will happen, maybe next year we will see this fight as one fight for Manny this year is already enough and that is against Garcia.

Thank you @Jating , nice share, it's good news indeed.

R


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Kasabus
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May 20, 2021, 12:00:17 PM
 #700

Well there is still a chance that the fight might happen in the future, as Crawford contract with Arum's Top Rank is reported to be end by October,

Quote
Crawford’s contract with Top Rank Boxing will reportedly end in October 2021. Many have speculated that he will sign on with PBC in an attempt to secure fights with Manny Pacquiao and Errol Spence Jr. Time will tell if that’s the direction he will go in.

https://www.fightsports.tv/terence-crawfords-sister-goes-off-on-bob-arum/

So if Crawford sit it out the rest of 2021, and wait for his contract to end, so he can go directly to Manny or move to PBC to negotiate the fight.

The only chance for this fight to happen if Crawford will not anymore renew his contract, hopefully, it will happen, maybe next year we will see this fight as one fight for Manny this year is already enough and that is against Garcia.

Thank you @Jating , nice share, it's good news indeed.

Another fighter of Bob that will not sign on his promotion if this will happen, however, if Bob does not really want that to happen, I guess he should give Crawford what he likes, but the question is, is he really serious about challenging Pacman? If Manny will still not retire next year, this fight will remain open.

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