SCHAEFER SAYS PACQUIAO-MARQUEZ NEGOTIATIONS GOING WELL
By Ronnie Nathanielsz
PhilBoxing.com
Wed, 14 Nov 2007
Golden Boy Promotions CEO Richard Schaefer, who is the individual negotiating with Top Rank promoter Bob Arum for a rematch between Filipino ring idol Manny Pacquiao and WBC super featherweight champion Juan Manuel Marquez, says ?negotiations are going well.?
Schaefer who just returned to Los Angeles after a weeklong trip to New York where the Miguel Cotto-Sugar Shane Mosley title fight took place last Sunday, Manila time, told Viva Sports/Manila Standard Today that while his conversations with Arum in New York went well and it was his ?understanding that Bob (Arum) will be discussing the fight and status of negotiations with Manny (Pacquiao) sometime this week.?
The Golden Boy Promotions top executive said Arum will also be ?discussing with Manny the guaranteed purse.?
This came about after several statements issued by Pacquiao but mostly by people around him that he would fight Marquez ?if the price is right? which has seen some negative reaction not only from WBC officials but boxing people who contend that it should not always be about the money.
The figure being bruited about is a guaranteed purse of $5 million plus the Philippine television, theater and ancillary rights for which Solar Sports which has a deal with Pacquiao normally pays over $1 million.
In his last fight, a rematch with Mexican legend Marco Antonio Barrera, Pacquiao received the same guaranteed purse as Barrera of $2 million but while Oscar De La Hoya told us Barrera got $3 million which was believed to have included his pay-per-view share, Pacquiao received at least $4 million aside from what he got from Solar Sports for the Philippine rights.
In an exclusive interview with Viva Sports for the top-rated weekly boxing show ?The Main Event? WBC president Jose Sulaiman said ?I believe Pacquiao is the most devastating and most respected champion of the world but his people only publish that he is fighting for the money and in the under-developed countries I have perceived that his saying that means he is hurting the poor people. Because they say that if he?s fighting for the money why doesn?t he help the poor people of the Philippines.?
Sulaiman clarified, ?but that is not Manny Pacquiao. I am advising him to understand that only those that win world championships will be written in the history of boxing in the world. 25 years from now if he doesn?t win the championship his name will not be there. So I am offering Manny to fight for the WBC super featherweight championship which is what the world wants or if not we are offering the lightweight championship because they say that he might be having problems with the weight.?
The WBC president said that at the on-going 45th convention at the historic Manila Hotel ?we want him to accept fighting for a world championship. But if he does not want to fight for the WBC title, I advise Manny to fight for a world championship. I don?t care what division, I don?t care what organization. Fight for the championship because that?s the only way a great champion like him will be seen in the records in the future of boxing.?
Meantime, neither Arum or Pacquiao's former manager Shelly Finkel have arrived as earlier scheduled while Pacquiao himself returnned to General Santos City to attend classes at Notre Dame, according to friend and confidant Rex "Wakee" Salud.
Click here to view a list of other articles written by Ronnie Nathanielsz.
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