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Monday, January 5, 2009

Pacquiao, Hatton camps to iron out revenue split

MANILA, Philippines – The only thing left to be settled in this year’s Manny Pacquiao-Ricky Hatton mega-bout is the revenue split for both fighters.

PhilBoxing.com has reported that both camps has agreed on a May 2 fight in Las Vegas, the question that remains is which fighter gets the larger slice of the pay per view shares and the bigger guaranteed purse.

Both fighters enjoyed their biggest purse so far when they fought against Floyd Mayweather Jr. and Oscar De La Hoya in 2007 and 2008.

Hatton reportedly got $10 million despite being knocked out by Mayweather in the 10th round while Pacquiao’s side has yet to reveal the exact amount he received after forcing De La Hoya to call it quits after eight rounds.

Reports have it that Pacquiao could earn as much as $15 million which includes his guaranteed purse, PPV share, Philippine TV rights, live gate receipts and other financial bonuses.

Though both fighters are world title holders, Pacquiao is the more popular among the two and is a consistent attraction among the PPV audience while Hatton has yet to become a familiar figure in the US despite fighting five times across the Atlantic.

One solution, PhilBoxing.com sees, is that both camps should meet halfway and split 50-50 the PPV proceeds in the UK while Pacquiao should get 65 per cent over the rest. They can also split the ticket sales since Hatton’s English fans are willing to cross the Atlantic just to watch the British champion fight boxing’s current superstar.

It was earlier reported, that the Pacquiao-Hatton fight will be held at the Wembley Arena that could seat 100,000 fans of both fighters.

Source: gmanews.tv

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