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Salud Confirms Solar's Big Payout!
PhilBoxing.com
Tue, 13 Mar 2007
Rex 'Wakee' Salud, a comparatively honest man when it comes to boxing figures and certainly more adept at using the multiplication table, today confirmed that indeed, Solar Sports will pay $800,000 to Manny Pacquiao for the rights to cover the April 14 bout with Jorge Solis on free television.
Doing the math, $800,000 times 48 (at today's exchange rate) is P38.4 Million or P40 Million if we use the P50 rate.
"That's just for free tv, that does not include the upsides on closed circuits nationwide," Salud stressed.
ABS-CBN, according to inside sources, did not match Solar's offer as the price was already four times higher than their previous cash out.
The giant network, however, can claim to having clinched the better cards: the April 18 GBP card featuring Marco Antonio Barrera versus Juan Manuel Marquez plus Gerry Penalosa versus Daniel Ponce De Leon.
ABS-CBN's biggest catch, meanwhile, is the May 5 superbout between Oscar De la Hoya and Floyd Mayweather, which dwarfs the Pacquiao-Solis fight in terms of magnitude.
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