REVISED NUMBERS ON PACMAN DEDUCTIONS
San Francisco, CA-It appears that Manny Pacquiao, Filipino icon, professional boxer and motion picture star, even though he makes millions of American dollars per fight, is headed for the poorhouse! HBO’s Larry Merchant, talks openly about Manny’s lack of respect and education, especially in regards to money. Currently Manny’s earnings are split up like this. Co-manager Shelly Finkel, the man who was supposedly rescued Pacquiao from Murad Muhammad, gets 12%, while Californian’s Nick Kahn and John Davidson split 8%. Trainer Freddie Roach gets 10% as well.
DOES MANNY PACQUIAO NEED SHELLY FINKEL?
The Erik Morales fight(s) mindset was already set up prior to Finkel’s involvement. According to one manager, Finkel’s role is, “totally visceral. Manny was a ‘made’ fighter before Shelly. Did they build Manny into a star? Did they invest large sums of money in him? No, I don’t think so.”
MANY SAY MANNY HAS “SPENDING DISEASE”
Almost echoing HBO’s Larry Merchant, many say that Manny has a problem realizing the importance of money. “He gambles, supports a lot of people, and he’s very giving. If Manny sees something he wants, he buys it.” That has led many a fighter to selling pencils after retirement.
MONEY/CARS JUST ONE WAY SHELLY DOES IT!
With Finkel’s contract with Pacquiao set to expire in January, I was told that Shelly took Manny to a Lamborghini car lot and offered him a $250,000 automobile, if he would resign with the New Yorker. At first Manny almost bit at the proposition. But after a Filipino camp member spelled it out, Manny declined to sign. As was the case when he was with Mike Tyson, Finkel encourages the spending rampages. Mike Tyson has made over $300 million, and yet he’s broke! How do you say De Ja Vu in Tagalog?
