A QUESTION OF MONEY
By Ronnie Nathanielsz
PhilBoxing.com
Sat, 10 May 2008
The executive director of the Nevada State Athletic Commission Keith Kizer who informed Viva Sports/Manila Standard Today some weeks ago that Manny Pacquiao?s purse for the fight against Juan Manuel Marquez was $3 million, stands by his statement.
Kizer was reacting to reports that claimed Pacquiao?s guaranteed purse was $5.5 million and that he could earn up to $2 million from pay-per-view income or a total of $7.5 million..
Even Pacquiao?s lawyer, Franklin ?Jeng? Gacal confirmed Kizer?s figure saying Pacquiao?s purse was $3 million and that he could earn an additional amount from the PPV income and other ancillary rights but the amounts would take time to determine since pay-per-view income does not flow in immediately..
It was necessary to clarify the numbers since both the US Internal Revenue Service and the Philippines Bureau of Internal Revenue may suspect that the income of Pacquiao was being understated.
However, Gacal said there was no concern since both revenue agencies have access to the documents for the fight that were properly filed in Las Vegas.
Kizer also told us as early as April 28 that ?boxers 135 pounds or less wear 8 ounce gloves and have for some time ? in a clarification of a story that claimed it was a new rule and that lightweights had previously been required to wear 10 ounce gloves and the amendment to the rule would be advantageous to Pacquiao.
Kizer explained that the Commision instituted a glove weight study on September 1, 2006 which ?did not conclude that either size gloves ? 8 pounce or 10 ounce were less safe for boxers 135 plus and 147 pounds.?
He said ?consequently the Commission decided to give boxers the choice on which size gloves to wear at those bout weights.?
Click here to view a list of other articles written by Ronnie Nathanielsz.
Recent PhilBoxing.com In-House articles:
Manny Pacquiao Arrives in LA to Oversee Son Jimuel's Highly Anticipated Pro Debut
By Dong Secuya, Sun, 09 Nov 2025Robert Racasa Shines for the Philippines on First Day of World Memory Championships
By Marlon Bernardino, Sun, 09 Nov 2025P20k for 42k winners in 3rd SDSPPO
By Lito delos Reyes, Sun, 09 Nov 2025Weights Set for Tomorrow’s Sanman Boxing Show in General Santos City
Sat, 08 Nov 2025Vergil Ortiz vs. Erickson Lubin: Can Lubin Tip the Ortiz/Ennis Apple Cart?
By Chris Carlson, Sat, 08 Nov 2025Gibbons’ ‘Thrilla’ regrets
By Joaquin Henson, Sat, 08 Nov 2025Vergil Ortiz Jr. and Erickson Lubin Set for Explosive Showdown in Fort Worth
Sat, 08 Nov 2025Ring Officials Announced for Michael Hunter Vs Eli Frankham - York Hall, 5th December
Sat, 08 Nov 2025Round 12 with Mauricio Sulaimán: The Baseball in the Sulaimán Family
By Mauricio Sulaimán, Sat, 08 Nov 2025Shields signs $8 million multi year contract with Salita Promotions
By Gabriel F. Cordero, Sat, 08 Nov 2025A TIBUTE TO VICTOR CONTE
Sat, 08 Nov 2025Lhuillier Lauds RP Blu Boys’ Triumph in Japan Tilt
By Marlon Bernardino, Sat, 08 Nov 2025FIDE Rated Chess Tournament Pasig Police Board Patrol Checkpoint Challenge
By Marlon Bernardino, Sat, 08 Nov 2025MANNY PACQUIAO VS. FLOYD MAYWEATHER JR. ONCE AGAIN
By Maloney L. Samaco, Fri, 07 Nov 2025NBA Reportedly Met with Congress Regarding Gambling Issues
By Gabriel F. Cordero, Fri, 07 Nov 2025