MANNY PACQUIAO stands to receive P1.41 million per round in his Dec. 11 encounter with Thai Fahsan 3K Battery if the bout goes the full route. And that?s what he will get even if he loses.
Pacquiao is guaranteed $300,000 (R16.8 million) in this scheduled 12-rounder being put up by Smart Communications, Solar Sports and Taguig mayor Freddie Tinga, whose city is playing host to the slambang card dubbed “Yanig sa Taguig”.
But what if Pacquiao takes out Fahsan within six rounds? Or in less than a round?
Go ahead. Look for the calculator and compute how much would the Pacman receive in the event he pulls the plug on Fahsan?s bid as fast as you can recite the alphabet.
But the men behind the promotion are in unison that Pacquiao deserves every centavo that will be handed over to him and his handlers considering that he is a national treasure.
Tinga said “the country needs good stories” and Pacquiao certainly has what it takes to make the country proud and happy.
The 70-plus round promotion is “a shot in the arm,” Tinga pointed out.
Of course, not all of the $300,000 is going to the pocket of the 25-year-old Pacquiao, who is recognized by the prestigious Ring magazine as the world champion in the featherweight category.
Pacquiao gets 50 percent of the pot, while 30 percent goes to Marty Elorde and the remaining 20 percent will be shared by business manager Rod Nazario and the battery of local and foreign cornermen made up of American trainer Freddie Roach, Puerto Rican cutman Lenny de Jesus, Buboy Fernandez and Lito Mondejar and a few others.
Still, half of the purse amounts to R8.5 million, a figure bigger than what Pacquiao too when he defended his International Boxing Federation super-bantamweight throne in Davao two years ago.
Pacquiao needed less than a round to dispose of mandatory challenger Fabbrakob Rakkiatgym and was paid R8 million. Again, that amount is the gross and when everything had been taken out, Pacquiao wound up with about R4 million from the sweat-free demolition of the grossly overmatched Thai.
It is expected that when Pacquiao fights Juan Manuel Marquez in a rematch in February 2005, he would earn the biggest paycheck of his career. In his first match with Marquez eight months ago in Las Vegas, Pacquiao got $700,000 (exclusive of taxes).