Philippines, 25 Feb 2018
  Home >> News >> List of Articles >> Edwin G. Espejo

 
Search Boxer:
First Name
Last Name


BOXERS                         

CURRENT CHAMPIONS 

FORMER CHAMPIONS   

RATINGS                       

FIGHT SCHEDULES        

FIGHT RESULTS            

NEWS                            

HOUSE NEWS                

FORUM                          

FIGHT GALLERIES        

TRAINERS                     

MANAGERS                    

PROMOTERS                  

BOXING GYMS               

RING CARD GIRLS        


 



Dong Secuya
Web Editor

Rene Bonsubre, Jr.
Contributing Editor

Homer D. Sayson
NBA Section Editor




Ronnie Nathanielsz

Rich Mazon

Eddie Alinea

Epifanio M. Almeda

Anthony Andales

Jason Aniel

Hesiquio Balderas

Sid Bañez

Brett Bonetti

Marlon Bernardino

Winchell Campos

Socrates Celestial

T. Chin-Te

Carlos Costa

Christopher Cruz

Rob Cruz

Jonathan Davis

Dr. Ed de la Vega

Lito delos Reyes

Gianluca (Rio) Di Caro

Edwin G. Espejo

Dennis U. Eroa

Ron Galarpe

Joaquin Henson

Oliver Iglesias

Dionis Jacobe

Ted Lerner

Salven Lagumbay

Reylan Loberternos

Mike Angel Lopez

Salvador Lopez

Joan Secuya-Medida

Ryan Medida

Rico Navarro

Rod Mijares

Manny Pacquiao

Gerry Peñalosa

Greg R. Penilla, M.D.

Gov. Manny Piñol

Dr. Allan Recto

Hermie Rivera

Emmanuel T. Rivera

Virgi T. Romano

Nicholai R. Roska

Maloney L. Samaco

Sev Sarmenta

Reynaldo Seno

Myron Sta. Ana

Atty. Danrex Joseph V. Tapdasan

Recah Trinidad

Reni M. Valenzuela

Mark F. Villanueva




 
List of Articles by Edwin G. Espejo



PACQUIAO WATCH: What price is right?

By Edwin G. Espejo
PhilBoxing.com
19 Mar 2008

GOLDEN Boy Promotion’s Richard Schafer just raised the ante when he offered Manny Pacquiao a guaranteed $6 million purse for an immediate with Juan Manuel Marquez.

The offer goes beyond any weight limit.

It was perhaps a spur of the moment, knee-jerk reaction to the controversy that followed the close split decision awarded to Pacquiao against the dethroned Mexican champion, a stable of Golden Boy Promotion.

It was an offer very tempting to refuse.

But before anyone jumped into the fray, a due diligence of the gross receipts of the March 15 rematch between Pacquiao and Marquez should be taken.

Nothing yet has been reported on the number of pay per view (PPV) buys that were generated by the bout although initial reports suggest that the gate receipts alone came close to $2 million.

If the PPV buys hit the 450,000 mark, it will result to financial bonanza for both Pacquiao and Marquez who top billed the card. That would mean a PPV gross revenue of close to $22 million. Half of that will go to HBO. The other half will go to the promoters of the fight and the boxers, the bulk of which will accrue to the accounts of the main attraction.

Pacquiao trainer Freddie Roach was quoted to saying the March 15 fight between his ward and Marquez earned for the Filipino boxing champ a cool $5.5 million. The breakdown and manner with which he came with that figure is not exactly clear. The contract signed by Pacquiao, however, was reportedly for a guaranteed $3 million purse. The more PPV buys and the more gate receipts, the bigger slice of the pie goes to Pacquiao who also earned for himself a substantial earning for the Philippine television rights (Solar Sports reportedly paid Pacquiao a whooping $800,000 for the Philippine television rights of his third bout with Erik Morales).

My last estimate is that if his rematch with Marquez hit the 450,000 buys, Pacquiao stood to receive as much as $7 in gross earnings for a 48 minute exchange of punishing punches with Marquez.

Schafer, an investment banker that he was before joining Oscar de la Hoya’s GBP, better put his offer in fine prints.

Pacquiao should not be denied a guaranteed purse lesser than what he will stand to earn for his March 15 rematch with Marquez plus an upside of the PPV revenues.

That figure could top the $10 million mark.

It would be an offer that the Pacquiao camp will be hard pressed to refuse.

For $6 million flat purse, Schafer should forget about a third bout.

Like in poker play, when Schafer raised the ante, Pacquiao could re-raise it and GBP’s financial adviser may fold if he is bluffing. Should he call the re-raise, I don’t see a third match not happening even if it would mean dropping a possible third fight for Pacquiao this year and foregoing possible crack at David Diaz’ World Boxing Council lightweight crown.

Well, in the world of professional boxing, while some bouts will be personal, all of them are first and foremost for business.


Back to Edwin G. Espejo's Articles Listing



Recent PhilBoxing.com In-House articles:

  • NIETES VALIDATES HIS PLACE AMONGST THE GREATEST FLYWEIGHTS
    By Ed de la Vega, DDS, 25 Feb 2018
  • BLOODIED VILORIA LOSES TO DALAKIAN
    By Rene Bonsubre, Jr., 25 Feb 2018
  • PHOTOS: SOR RUNGVISAI RETAINS TITLE WITH MAJORITY DECISION WIN OVER ESTRADA
    By Dong Secuya, 25 Feb 2018
  • PHOTOS: NIETES STOPS REVECO IN 7TH
    By Dong Secuya, 25 Feb 2018
  • DALAKIAN OUTSMARTS VILORIA FOR WIDE UD VICTORY (PHOTOS)
    By Dong Secuya, 25 Feb 2018
  • SUPERFLY 2: EARLY RESULTS FROM INGLEWOOD (PHOTOS)
    By Dong Secuya, 25 Feb 2018
  • Viloria, Nietes ready for battle
    By Joaquin Henson, 25 Feb 2018
  • OUTSIDE LOOKING IN: The PBA reaches out of the Big City
    By Eddie Alinea, 25 Feb 2018
  • SUPERFLY 2 IS NIETES' BIGGEST FIGHT
    By Maloney L. Samaco, 24 Feb 2018
  • PHOTOS: PACQUIAO OPENS UP CAVRAA MEET
    By , 24 Feb 2018
  • WBSS Semifinals finale Super Middleweights in Germany: Callum Smith vs. Nieky Holzken
    By , 24 Feb 2018
  • Dana White: Conor vs. Floyd UFC Fight Is More Likely Than Conor vs. Nate 3
    By , 24 Feb 2018
  • SANMAN’S ABDULHAMID BATTLES BALLA IN AUSTRALIA MARCH 11
    By Rene Bonsubre, Jr., 24 Feb 2018
  • “MAGIC” MIKE PLANIA WILL MAKE HIS US DEBUT ON MARCH 16
    By , 24 Feb 2018
  • PEREZ DECISIONS GONZALES IN INDIO
    By Lito delos Reyes, 24 Feb 2018
  • REVECO HAD SOME WEIGHT ISSUES
    By Ed de la Vega, DDS, 24 Feb 2018
  • Damir Ismagulov & Movsar Evloev retain M-1 Challenge titles
    By , 24 Feb 2018
  • Weights from Atlantic City
    By , 24 Feb 2018
  • 1stUSA Boxing Alumni Association event in N.E. A knockout in Lowell, Mass
    By , 24 Feb 2018
  • Tekashi69 Fights Like a Bitch, Says UFC Champ Tyron Woodley
    By , 24 Feb 2018





  •  




     
    PhilBoxing.com has been created to support every aspiring
    Filipino boxer and the Philippine boxing scene in general.
    Please send comments to feedback@philboxing.com


    PRIVATE POLICY | LEGAL DISCLAIMER
    developed and maintained by dong secuya
    © 2018 philboxing.com.