ARUM SAYS GIVING PACQUIAO A LITTLE MORE MONEY FOR MARGARITO FIGHT IS NO PROBLEM
By Ronnie Nathanielsz
PhilBoxing.com
Tue, 10 Aug 2010
Top Rank promoter Bob Arum says giving pound-for-pound king Manny Pacquiao a little more money for facing Antonio Margarito at the Cowboys Stadium in Dallas, Texas on November 13 ?is no problem.?
Arum was speaking to insidesports.ph, Standard Today and Viva Sports after Pacquiao adviser Michael Koncz indicated in a conversation with boxing writer Michael Marley that the ?Fighter of the Decade? wanted more money for his next fight.
Marley quoted Koncz as saying ?its not unusual, it?s how we generally make these deals? after the adviser went over the figures with Pacquiao in his office in the congressional building on Monday afternoon following Koncz' return from Abu Dhabi.
Arum said ?I gave Michael the parameters, how much guarantee and so forth and so on. They are going to move it a little bit, just a little bit. It's no problem. It?s the way Manny and I always deal.?
Arum told us he spoke to Koncz earlier on Tuesday, Manila Time, and said ?there is no issue. Another $500,000 guarantee, instead of on the income, is no big deal.?
The Top Rank promoter said Koncz was supposed to fly to Las Vegas but Pacquiao ?wants him to do something so he?s going to call me before I go in with Jerry Jones (owner of the Dallas Cowboys Stadium.)"
Arum claimed Koncz told him ?there is absolutely no issue.?
Arum leaves with Top Rank president Todd du Beof for a dinner meeting with Jones in Dallas on Thursday, Manila Time to ?hopefully finalize a deal? to stage the fight at the spectacular $1.2 billion venue which drew almost 51,000 fight fans when Pacquiao fought Ghana?s Joshua Clottey last March.
Arum gave Koncz credit for doing his best in trying to work out a multi-million peso deal with a group representing the Royal Family and said ?for the future it could work because he (Koncz) finally met with the right people.?
The Top Rank promoter said he was ?comfortable? about Margarito getting a license to fight in Dallas from the Texas Commission and commended multi-award-winning lawyer/journalist Tomas Hauser of secondsout.com for ?a fantastic article? on the hand-wrap issue.
The California State Athletic Commission suspended Margarito for one year after a substance believed to be plaster of Paris was found on his hand-wraps and removed prior to his 9th round knockout loss to Shane Mosley.
In his well-researched and soundly presented article Hauser wrote that ?there was no direct evidence that Margarito knew about the inserts inside the knuckle pads, only inference? even as he noted that Margarito ?denied any knowledge of the inserts? and his trainer who wrapped his hands testified ?I commit a big mistake and I acknowledge it. I don?t want this young man (Margarito) to have any problem because he is not a fault. He didn?t realize what I had put on.?
Arum himself waded in asking ?how can anybody deny this guy a license? There is something wrong? insisting that everything was based on conjecture and suspicion with absolutely no direct or hard evidence.
Click here to view a list of other articles written by Ronnie Nathanielsz.
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