Philippines, 26 Mar 2017
  Home >> News

 
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




 
News  


TOP RANK PROVIDES PAYMENT STUBS TO SHOW THEY PAID ERNIE SANCHEZ HIS PURSE, DIRECTLY


PhilBoxing.com




In the midst of accusations leveled against Manny Pacquiao’s adviser Michjael Koncz by Ernie Sanchez’ manager Brico Santig and the fighter himself, that Koncz paid him much less than his contracted purse, Top Rank has debunked the claim by providing receipts showing the checks were paid directly to Sanchez.

Santig claimed that when Koncz who handles Pacquiao’s MP Promotions helped Sanchez get two fights on the undercards of Pacquiao vs Timothy Bradley in June 2012 and Pacquiao vs Juan Manuel Marquez in December 2012, he received only about $1,325 for the first fight from a guaranteed purse of $6,000 and $1,450 for the second fight out of a supposed purse of $7,500.

However, the payment stubs provided by the Top Rank accounting department clearly shows that while Sanchez’ purse for the first fight was $6,000 there was an “IRS withholding fee of $1,800 plus a $125 deduction for the fighter’s Nevada State Athletic Commission license fee.

Top Rank presented the receipt which states that check No. 609162 dated June 8 in the amount of $4,075 was paid directly to Sanchez.

For the second fight on the undercard of Pacquiao vs Marquez IV the purse of Sanchez was agreed upon at $7,500 with $2,250 deducted by the IRS as withholding fee.

Top Rank’s receipt shows Sanchez was paid directly through Check No. 128219 dated December 7, 2012 in the amount of $5,250.

Koncz told the Manila Standard that Sanchez used to be a fighter under MP Promotions and that Sanchez cashed his checks at the Mandalay Bay casino following earlier arrangements made even in the case of Pacquiao.

Koncz admitted that he had spoken briefly to Top Rank promoter Bob Arum about the “mismatch” putting Sanchez whom he described as “a tough kid who may not get knocked out” by the world rated Diego Magdaleno but could suffer serious injuries similar to what happened to Z “The Dream” Gorres who won his ten round bout but collapsed in the ring after the decision was announced and underwent emergency brain surgery and had to quit boxing.

Arum confirmed what Koncz told the Standard. He said “I got a call from Michael who told me we had booked a fighter named Sanchez to fight Magdaleno next Saturday. He told me he felt obligated to tell me that Sanchez just lost his last two fights and was too small in any event to fight Magdaleno.”

Arum said he passed on the information to Hall of Fame matchmaker Bruce Trampler and told Bruce that if that’s the case get another opponent because I don’t want a chance of any fatality on one of my cards. That’s the story.”

Arum said “Michael is being helpful. I respect him. The last thing I want is some kid to go in and get himself hurt.” He added “I just think Michael acted responsibly and we also acted responsible and whatever this manager (Brico Santig) is saying is BS.”

The 22 year old Sanchez is not even rated as of the December ratings of the Games and Amusements Board and has a record of 14-5 with 5 knockouts which includes his two eight round unanimous decision wins over Wilton Hilario and Coy Evans on the Pacquiao undercards.

Sanchez is a super bantamweight where the limit is 122 pounds while Magdaleno is a super featherweight with a weight limit of 130 pounds. He has a record of 24-1 with 9 knockouts and lost by a split decision in a WBO super featherweight title fight against Roman “Rocky” Martinez on April 6, 2013.

Sanchez on the other hand lost his last two fights in Mexico in lopsided decisions against superior fighters.

On November 2, 2013 he lost to undefeated Andres Gutierrez (27-0-1, 22 KO’s) in a WBC Silver super bantamweight title fight which Gutierrez dominated and then lost badly in a ten round clash for the WBC Youth Silver super bantamweight title to another unbeaten Mexican Rey Vargas who had a record of 15 knockouts in 17 wins on December 21 although Sanchez was commended for his toughness and ability to take some big shots.
Sanchez lost by a 100-90 shutout on the cards of two judges and 99-91 on the third judges scorecard which underscored the fact that both fights were mismatches approved by the Games and Amusements Board boxing division which had also approved the Sanchez-Magdaleno fight.

Top Rank took Sanchez off the Saturday card and replaced him with Jorge Pazos (14-6-1, 8 KO’s).

Photo: Diego Magdaleno (R) in action against Roman Martinez in Macau in April last year. Photo by Dong Secuya.


Click here to view a list of other articles written by Ronnie Nathanielsz.


Recent PhilBoxing.com In-House articles:

  • Ralph Rimpell’s Boxing P4P List
    By Ralph Rimpell, Sun, 26 Mar 2017
  • JORGE LINARES DEFEATS ANTHONY CROLLA IN REMATCH
    By , Sun, 26 Mar 2017
  • LEAGUE OF FISTS 3: SU CHENG OUTGUNS POR NOBNOM
    By Rene Bonsubre, Jr., Sun, 26 Mar 2017
  • Gennady Golovkin's Promoter Says Canelo Alvarez Fight NEEDS To Happen (VIDEO)
    By , Sat, 25 Mar 2017
  • HISTORY BEGINS: Featuring the professional debut of NICO HERNANDEZ
    By , Sat, 25 Mar 2017
  • CES MMA returns to historic North Shore April 15th
    By , Sat, 25 Mar 2017
  • Pacquiao can’t afford to lose this one
    By Recah Trinidad, Sat, 25 Mar 2017
  • LEAGUE OF FISTS 3: INDONESIAN KIE RAHA STUNS AILI
    By Rene Bonsubre, Jr., Sat, 25 Mar 2017
  • JORGE LINARES vs. ANTHONY CROLLA OFFICIAL WEIGH-IN RESULTS
    By , Sat, 25 Mar 2017
  • Jermell Charlo Defends Against Top Contender Charles Hatley
    By , Sat, 25 Mar 2017
  • Illustrious green belt on display as DeLomba, Williams face off in advance of their April 7th WBC title bout
    By , Sat, 25 Mar 2017
  • WBC SANCTIONS SUPER MIDDLEWEIGHT ELIMINATOR BETWEEN UNDEFEATED DAVID BENAVIDEZ AND ROGELIO MEDINA
    By , Sat, 25 Mar 2017
  • Undefeated super lightweight Keenan Smith Headlines on Saturday, April 22nd at The Claridge in Atlantic City
    By , Sat, 25 Mar 2017
  • Top Phl boxers feted tonite in Elorde Memorial Awards
    By , Sat, 25 Mar 2017
  • JASON QUIGLEY BEATS GLEN TAPIA
    By , Fri, 24 Mar 2017
  • LEGENDS OF RUGBY TO ROCK RUCK RUMBLE AT THE HSBC SINGAPORE RUGBY 7s
    By , Fri, 24 Mar 2017
  • Snips and Snipes 23 March 2017
    By Eric Armit, Fri, 24 Mar 2017
  • 'Madman' Marcos Hernandez Training Camp Quotes
    By , Fri, 24 Mar 2017
  • ROH SUPERCARD OF HONOR XI TO BROADCAST EXCLUSIVELY ON ROHWRESTLING.COM AND THE FITE TV DIGITAL PPV PLATFORM APRIL 1ST
    By , Fri, 24 Mar 2017
  • DONNIE-NATION OFFICIALLY LAUNCHED
    By Dong Secuya, Thu, 23 Mar 2017
  • Mayweather Beats McGregor In ONE ROUND ... Says Sugar Ray Leonard (VIDEO)
    By , Thu, 23 Mar 2017
  • WEIGHTS FROM SUPER BRAWL III AT SKYLANDS ECC IN RANDOLPH, NEW JERSEY
    By , Thu, 23 Mar 2017
  • Scott Burrell & Dean Burrell in action this Friday night in Huntington, New York
    By , Thu, 23 Mar 2017
  • CHERRY-DOUGLAS HEADLINES PBC'S TOE-TO-TOE TUESDAYS APR 4
    By , Thu, 23 Mar 2017


  •  




     
    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
    © 2017 philboxing.com.