| |
|
A QUESTION OF MONEY
By Ronnie Nathanielsz
PhilBoxing.com
Sat, 10 May 2008
The executive director of the Nevada State Athletic Commission Keith Kizer who informed Viva Sports/Manila Standard Today some weeks ago that Manny Pacquiao?s purse for the fight against Juan Manuel Marquez was $3 million, stands by his statement.
Kizer was reacting to reports that claimed Pacquiao?s guaranteed purse was $5.5 million and that he could earn up to $2 million from pay-per-view income or a total of $7.5 million..
Even Pacquiao?s lawyer, Franklin ?Jeng? Gacal confirmed Kizer?s figure saying Pacquiao?s purse was $3 million and that he could earn an additional amount from the PPV income and other ancillary rights but the amounts would take time to determine since pay-per-view income does not flow in immediately..
It was necessary to clarify the numbers since both the US Internal Revenue Service and the Philippines Bureau of Internal Revenue may suspect that the income of Pacquiao was being understated.
However, Gacal said there was no concern since both revenue agencies have access to the documents for the fight that were properly filed in Las Vegas.
Kizer also told us as early as April 28 that ?boxers 135 pounds or less wear 8 ounce gloves and have for some time ? in a clarification of a story that claimed it was a new rule and that lightweights had previously been required to wear 10 ounce gloves and the amendment to the rule would be advantageous to Pacquiao.
Kizer explained that the Commision instituted a glove weight study on September 1, 2006 which ?did not conclude that either size gloves ? 8 pounce or 10 ounce were less safe for boxers 135 plus and 147 pounds.?
He said ?consequently the Commission decided to give boxers the choice on which size gloves to wear at those bout weights.?
Click here to view a list of other articles written by Ronnie Nathanielsz.
Recent PhilBoxing.com In-House articles:
Jamaine Ortiz Eager to Face Steve Claggett in Co-Main Event of MVP Fight Night on DAZN
, Thu, 07 Aug 2025Happy 53rd Birthday to the One and Only Gerry Peñalosa!!!
By Carlos Costa, , Thu, 07 Aug 2025FLORIDA POOL OPEN DAY TWO: GORST FALLS TO ATENCIO AS CHUA, YAPP, AND DUONG CRUISE INTO LAST 64
, Thu, 07 Aug 2025128 chess players officially registered for Touchmove
By Marlon Bernardino, , Thu, 07 Aug 2025Japanese Rule of the Lower Weights Under Challenge by Pinoy, Latino Boxers
By Teodoro Medina Reynoso, , Thu, 07 Aug 2025September 6: Former World Champion Oscar Valdez Faces Ricky "El Castigo" Medina in Mexican Homecoming at Domo Binacional in Nogales
, Thu, 07 Aug 2025Former World Champion & U. S. Olympian Sadam Ali to headline “The Return” on August 31 in Detroit
, Thu, 07 Aug 2025"Pitbull" Cruz receives his WBC Belt in Mexico City
By Gabriel F. Cordero, , Wed, 06 Aug 2025Japanese Rule of Lower Weights Under Challenge; Head-Scratching Latest WBC World Rankings
By Teodoro Medina Reynoso, , Wed, 06 Aug 2025UNDERCARD ADDITIONS ANNOUNCED FOR ALLEN v MAKHMUDOV AS HEARN EXPECTS TICKETS TO FLY FOR OCTOBER 11 IN SHEFFIELD
, Wed, 06 Aug 2025Yoenis Tellez to Defend WBA Interim Title Against Abass Baraou in High-Stakes Showdown on DAZN
, Wed, 06 Aug 2025CB Promotions To Debut This Fall
, Wed, 06 Aug 20252 Division World Champion, Current WBO, The Ring Super Lightweight Champion Teofimo Lopez Confirmed for Eighth Annual Box Fan Expo, During Mexican Independence Day Weekend, Saturday September 13,
, Wed, 06 Aug 2025THRILLA IN MANILA GOLDEN ANNIVERSARY 11 - ALI GETS BACK HIS BOXING LICENSE, WINS OVER QUARRY, BONAVENA AND ELLIS
By Maloney L. Samaco, , Tue, 05 Aug 2025THE PAST WEEK IN ACTION 4 AUGUST 2025: Canizales Stops Pradabsri in Caracas; Duarte Outpoints Sims; Prograis Edges Diaz; Ancajas Wins in US Return
By Eric Armit, , Tue, 05 Aug 2025Round 12 with Mauricio Sulaimàn: Unforgettable Moments with the Champions
By Mauricio Sulaimán, , Tue, 05 Aug 2025IT’S A “HOMECOMING” FOR FIVE-TIME WORLD TITLE CHALLENGER MARICELA CORNEJO FRIDAY, AUGUST 8 AT LEGENDS CASINO
, Tue, 05 Aug 2025HERNANDEZ STOPS GARNETT IN TENTH ROUND IN MAIN EVENT OF CHRISTY MARTIN PROMOTIONS’ “MAYHEM IN MUSIC CITY 2”
, Tue, 05 Aug 2025YOELVIS GOMEZ READY TO SHINE IN RETURN BOUT AGAINST EDWINE HUMAINE JUNIOR
, Tue, 05 Aug 2025Team USA’s Youth High Performance Team made a major statement in Germany
, Tue, 05 Aug 2025Adam wins 2nd BBG 300 Ultra Marathon
By Lito delos Reyes, , Tue, 05 Aug 2025Legendary boxing trainer John Brown honored by Kansas City Royals
, Tue, 05 Aug 2025All or nothing for Jerwin
By Joaquin Henson, , Mon, 04 Aug 2025Triumphant Return: Jerwin Ancajas Defeats Casero in Los Angeles, Good Job!
By Carlos Costa, , Mon, 04 Aug 2025IM Concio Sweeps Kamatyas Open
By Marlon Bernardino, , Mon, 04 Aug 2025 |
|
|
|
|
|
