MANILA, Philippines – Filipino boxing superstar Manny “Pacman” Pacquiao is guaranteed to earn $18 million for his non-title welterweight showdown against Brandon “Bam Bam” Rios, his promoter confirmed on Wednesday.
Top Rank chief executive Bob Arum told Yahoo! Sports reporter Kevin Iole that Pacquiao was guaranteed $18 million, but that number can rise significantly once the pay-per-view revenue is factored in.
Pacquiao can end up earning as much as $30 million for the fight, which will be his first in nearly a year.
Meanwhile, Rios is guaranteed $4 million.
Pacquiao is seeking to bounce back from back-to-back losses in 2012, having lost to Timothy Bradley controversially in June before getting knocked out by rival Juan Manuel Marquez in December.
Rios is also coming off a loss – the first of his career – when he was outpointed by Mike Alvarado in their rematch last March.
The Pacquiao-Rios showdown, billed the "Clash in Cotai," will be held in Macau on November 24 (Manila time).
source: www.abs-cbnnews.com
