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Saturday, July 25, 2009

Pacquiao wants Cotto fined for excess pounds

Manny Pacquiao wants Miguel Cotto be slapped a penalty of $1 million per pound in the event the Puerto Rican fails to make the agreed catch weight of 145 lbs for their Nov. 14 fight in Las Vegas.

Pacquiao lawyer Franklin Gacal told the Bulletin that the reigning World Boxing Organization (WBO) welterweight (141-to147 lbs) champion might sacrifice shelling out an exorbitant amount as long as he doesn’t starve himself to make the catch weight.

“This is precisely the reason why we have to demand a big amount,” said Gacal Saturday.

The Puerto Rican press has reported that Cotto could get as much as $10 million — the biggest of his storied career — against Pacquiao.

Reports have it that Cotto’s purse alone is $6.5 million and that the amount is expected to rise once the accounting is over with the computation of the pay-per-view and ticket sales.

Pacquiao, in contrast, is guaranteed $12 million and stands to pocket more considering that he has a 65-35 revenue split advantage over Cotto.

Demanding a stiff penalty is not new to Pacquiao as the pound-for-pound king did the same thing — albeit in a smaller amount--when he squared off with Erik Morales for the third time in Nov. 2006.

Morales succeeded in making the 130 lbs but he was so dried out and weakened by doing so that Pacquiao blew him away in less than three rounds.

Source: http://www.mb.com.ph/articles/212734/pacquiao-wants-cotto-fined-excess-pounds

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