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    Regardless of PPV numbers, Pacman assured P920M payday under fight contract, says Arum

    Dec 7, 2012

    LAS VEGAS – Manny Pacquiao may be coming off a loss in his last fight, but he is still bound to get more in prize money for his Saturday (Sunday, Manila time) welterweight showdown with Juan Manuel Marquez.

    Bob Arum, chairman of Top Rank Promotions, revealed that under the fight contract the Filipino ring icon will be receiving a guaranteed purse of US$23 million, or P920 million based on the prevailing rate of P40-$1, regardless of the number of pay-per-view buys.

    “He gets that money no matter what happens. In other words, when no one buys the pay-per-view, he still gets US$23 million,” said Arum, who will turn 81 exactly on Saturday.

    But there’s bound to be more as the 33-year-old Pacquiao also gets a percentage of the share in pay-per-view (PPV) buys.

    “So the way it looks now he’ll probably end up, I would say, with around US$28 million  (P1.1 billion), maybe US$30 million (P1.2 billion),” Arum added.

    Marquez likewise gets a share of the pie in the form of $6 million plus an upside on the PPV, which once totaled, could hit in the $8 million to US$9 million career purse for the 39-year-old Mexican, Arum estimated.

    Judging from the way tickets had been sold out with still two days to before the 12-round non-title fight and the PPV shares of Pacquiao-Marquez III amounting to 1.3 million, the veteran boxing promoter believes both boxers are expected to receive the exact figures he estimated.

    PPV buys on the fight alone is charged US$5 higher than the previous one.

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    “Right now it’s a little behind the third fight, but way ahead of the Bradley fight. And we think by the end of the day it will probably be somewhat higher than the third fight,” Arum said.

    And good news for boxing fans who had kept the faith and continued to track down this personal rivalry whose three previous outcomes had all been under the cloud of doubt.

    Arum guarantees an action-packed 12-round fight that could end in a knockout.

    “Yeah,” was his reply if a knockout win is possible. “I think the way Marquez is gonna fight the fight, very aggressive, he’ll bring the fight to Manny that the fight is destined to end up in a knockout either way.”

    So let the rumble begin.

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