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Manny Pacquiao may not fight in the US again, Top Rank promoter Bob Arum says

By on Jun 2, 2013 in Boxing, Sports Comments

Manny Pacquiao may not fight in US again. This is what Top Rank promoter Bob Arum now believes, nearly a month the Filipino boxing superstar was announced to be fighting against Brandon Rios on November 24, 2013 (China-Manila time) at the Venetian Macao-Resort-Hotel in Macau, China.

Manny Pacquiao Bob Arum

Bob Arum (left) and Manny Pacquiao
Credit: Top Rank

“By fighting outside the country, as he’s doing in this Rios fight, Manny doesn’t have to pay U.S. taxes anymore – at a rate of 40% for a foreign athlete.” Bob Arum was quoted in a report at the Los Angeles Times this Friday, May 31, 2013. The Pacquiao-Rios match will be witnessed by American boxing fans on Saturday night, Nov. 23.

“If this pay-per-view and other things take off like we think they may, I can’t imagine Pacquiao will ever again fight in the U.S. We could do as many as $10 million to $20 million in sales with this. It changes everything. Will it work? We’ll see in November.” Arum added.

The Top Rank promoter noted that he also completed a deal, allowing Chinese boxing fans to buy Pacquiao vs Rios fight views on their tablets or smartphones for $5, believing that Pacquiao‘s upcoming fight will be extremely lucrative despite not to be held in the US. Brandon Rios has a record of 31-1-1, 23.

The last 14 fights of Manny Pacquiao were held in the U.S., including his last two bouts where he both lost – a controversial split decision in June 2012 won by Timothy Bradley and a knock-out by Juan Manuel Marquez in the last second of Round 6 last December.

Meanwhile, the chance of the much-awaited Pacquiao vs. Floyd Mayweather Jr. fight is getting slimmer, as Arum seemed to be not hoping that to happen next year. Mayweather is set to fight Mexican boxer Canelo Alvarez at the MGM Grand on September 14. The American boxer remains undefeated in 44 fights, after winning against Robert Guerrero last May 4 via a unanimous 12-round decision.

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