Manny Pacquiao Borrowed Millions From Bob Arum To Stay Out of Debt | Robert Littal Presents BlackSportsOnline

Manny Pacquiao Borrowed Millions From Bob Arum To Stay Out of Debt

by Robert Littal | Posted on Saturday, June 9th, 2012
Tweet about this on TwitterShare on FacebookEmail this to someoneShare on RedditShare on Google+

Ask a casual sports fan who they believe will go broke sooner Manny Pacquiao or Floyd Mayweather?

I would say at least 70% (probably more) would say Floyd Mayweather. It is an understandable reply because Mayweather’s moniker is “Money Mayweather”. You see him with large amount of cash, making huge bets, buying expensive cars and jewelry, so logically you would think he would be far worse off that Manny Pacquiao who comes across as a very humble individual.

You would be wrong.

Not about Pacquiao being a nice guy and not very flashy, but just because you aren’t flashy doesn’t mean you are good with money.

Besides the womanizing, there was smoking, drinking, heavy gambling — which caused him to take seven-figure advances before recent fights from Top Rank promoter Bob Arum in order to pay his debts — and partying nights away while trying to also balance boxing and his political career.

His life was careening out of control.

But now, seven months later, Pacquiao said there are “no distractions, everything is OK,” as he prepares to defend his welterweight title for the fourth time, against junior welterweight titlist Timothy Bradley Jr.

This isn’t a surprise to me or anyone who covers boxing closely.

Manny Pacquiao has had a string of bad investments, business dealings and just terrible money management. Unlike Floyd Mayweather who broke away from Bob Arum years ago and essentially cut out the middle man, Bob Arum like most boxing promoters is milking Manny for all he is worth.

The main financial difference between Mayweather and Pacquiao. Is Mayweather money cause after everything is paid and Pacquiao gets his money before everything is paid.

He is still making a ton of money, but it is split a lot more ways.

Pacquiao has said he has found religion and is cleaning up his life, but as long as Bob Arum is calling the shots it is a lot more likely he will end up broke before Floyd Mayweather does.

Powered by
About the Author

Founder of BlackSportsOnline and BonaFide Media. @BSO. Email Robert

Displaying 6 Comments
Add Your Comment
  1. sniper says:

    well show your proof about manny’s loans this tread is actually a bias made of diehard fan of floyd mayweather…. and why would pacman will be broke his the number one endorser here in the philippines so why would he make a loan on Bob arum show your proof before bashing someone? and tell to your niggah idol that fight our champ??! and quit hiding his ass

    • Responder says:

      That’s why he took a dive against Bradley you dumb ass! You and all his Filipino fans only choose him because he is Filipino…He isn’t even in the same league as Tyson,Delahoya, Trinidad, Julio Cesar Chavez,Sugar Ray, Mohammad Ali..He is a fake ass boxer being used by Arum…PS Marquez beat Pac Man twice..What about those decisions? Mayweather would whoop his ass..Just like I would whoop your ass!!!

      • Responder's Real Momma says:

        The Internet Gangsta rises!

      • Maynunal says:

        it does not matter if Pacman is broke or not, he will be fine. But Floyd will be broke in 10 years because he has no friends to protect him from people taking advantage of his ignorance from reading.

  2. Responder's Mother says:

    Son, please.. You don’t know shit about boxing lol and neither do the fake writer.

    • james spence says:

      eat shit weatherman an go get a realass wooping from the pac man cuz he da man an u willnever b..all so u will b broke b 4 him cuz manny got some money an when he kicks ur ass he will have plenty an will make more bringing in more from others he woops..go manny n prove me rght..butmainly go ur self cuz u what counts..go bro an show the world what u have that the weaterman don’t an will never even get close 2 having..go bro an good luck…ur friend jim all ways..good luck bro…

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



BlackSportsOnline
BSO Privacy Policy