Manny Pacquiao to Earn at Least 1 Billion Pesos
By Nicholas von Wettberg
World pound-for-pound champion Manny “Pacman” Pacquiao stands to earn as much as $25 million from his November 13 fight against Mexican American Antonio “Tijuana Tornado” Margarito, according to his promoter Bob Arum.
“Manny is guaranteed $15 million for the fight, and including his share from the pay-per-view upside, he could make as much as $22 million to $25 million,” Arum said in a phone interview from Manila.
Arum, chief executive of Top Rank Promotions, predicts that Pacquiao vs Margarito will exceed the almost 1.2 million PPV sales generated by Pacquiao’s fight with Puerto Rican star Miguel Cotto last November 14.
The top boxing impresario also said Margarito, who is guaranteed $3 million for his biggest pay check, could earn as much as $7 million to $8 million if the PPV sales hit 1.3 million or more, as expected.