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Pacquiao vs Cotto PPV Nets Manny $22 Million Pay Day

by Abe Luciano on Saturday, November 21st, 2009

Pacquiao vs. Cotto PPV Nets Manny $22 Million Pay Day: Last Saturday night’s WBO championship fight where Manny Pacquiao defeated Miguel Cotto by 12th round TKO has proven to have put boxing back on the map in the eyes of many observers. From a financial standpoint, the Pacquiao vs. Cotto fight was the top-drawing pay-per-view bout of 2009 with 1.25 million buys worth a reported $70 million in revenue.

The biggest winner that night was without question, Manny Pacquiao. Aside from his guaranteed $13 million purse plus PPV purchases, Pac-Man will earn a cool $22 Million Pay Day. Of course, not everything will go to the Pacquiao vs Cotto PPV Nets Manny $22 Million Pay Daypound-for-pound king. Trainer Freddie Roach gets 10% as well as 30% going of that total going to pay for taxes.

But Pacquiao isn’t the only one that walked away with a nice chunk of change. Cotto also came out a richer man, as he will reportedly get $12 million for taking quiet a beating.  At the live box office, the Pacquiao vs. Cotto fight generated 15,470 tickets sold for a total of $8.84 million at the gates of the MGM Grand in Vegas.

But with all that in the past, the task at hand now is to make the Pacquiao vs. Mayweather Jr fight happen. As we’ve been stating since the odds were released, Floyd Mayweather [-160 ML] has been listed as the sports betting odds favorite to remain unbeaten even after he takes on Manny Pacquiao [+130 ML] in what could be the biggest fight in recent history.

“The way I look at it now, boxing is really on a roll. We would be idiots now to slow the momentum and the only way we can keep the momentum is to make this fight,” Bob Arum said.

“They have to deliver. The American public wants that fight… The two best pound-for-pound fighters in the world in the same weight class in the prime of their careers. It just doesn’t get any better than that,” HBO Sports president Ross Greenburg said.

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