Showing posts with label Update July 30. Show all posts
Showing posts with label Update July 30. Show all posts

Arum rips WBO: 'Why pay $150,000 for five dollar belt?'

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Man your battle stations!


It looks as though promoter Bob Arum’s “surrender” in the battle over whether Manny Pacquiao should be fighting Miguel Cotto with the WBO welterweight title on the line was nothing of the kind.

His Top Rank headquarters in Las Vegas is turning into the Waffle House as Arum tosses and turns on the burning issue.

It appears that Arum, who flips and flops more than John Kerry ever did, really just intended to have a brief cease fire in the raging controversy which he now blames “the press in the Philippines and Michael Marley” for causing. Arum did admit that “now Manny is pushing the issue.”

I appreciate the plug, Bobola, but please add “of Examiner.com and Boxingconfidential.com” next time.
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Source: www.examiner.com
By: Michael Marley

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Upcoming Super Fight Between Pacquiao and Cotto

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To start with WOW! This is a fight fans fight. A fight the fans want to see, and now it’s happening. Bravo, Mr. Bob Arum, bravo indeed. Why is this fight a great match up? Simple! It’s the real POWER V PRECISION a title that should not have been given to the Ricky Hatton v Paulie, oh what’s his face. With respect to Ricky Hatton and Paulie, well Ricky really, their fight was exciting but only because we was all waiting for the knockout punch that we all thought was coming, but never did.


Instead, a ref stoppage ended their fight which showed very little POWER in Ricky, and absolutely no PRECISION on Paulie’s part. Let’s face it Paulie never really had a chance in their meeting, and on that BOMBSHELL, neither does Manny. I mean yes Manny is the number one pound for pound and yes he is a five division champ, but his last 3 fights at the higher weights are questionable at least.
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Source: www.boxingnews24.com
By: Richard Bailey

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Pacquiao may train in Canada

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Hall of Fame promoter Bob Arum is luring Manny Pacquiao to the Bahamas for the first half of his training camp for the November 14 duel with Miguel Cotto but the Filipino fighter might end up going to Canada, Mexico — or even the Philippines.


Owing to an Internal Revenue Service (IRS) regulation called the Substantial Presence Test, defined as a calculation that determines the resident or nonresident status of a foreign national for tax purposes in the US, Arum said Pacquiao has to spend the first four weeks of training outside US territory and the Bahamas, which is 45 minutes by air from Florida, turned out to be perfect choice.

“Manny’s going to love it there,” Arum said on Wednesday, stressing that a high-ranking executive of the high-end Atlantis Resort in the capital city of Nassau, is more than willing to host Pacquiao and his training team.

“The weather is similar to that of the Philippines and everything there will be first-class,” said Arum, who turned a bit annoyed when told about the possibility of Pacquiao opting to stay in the Philippines.
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Source: www.mb.com.ph
By: Nick Giongco

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Miguel Cotto's deal: No golf, Oscars, lobsters, Pacquaio rematch

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Miguel “I’m No Angel” Cotto has a new promotional contract with his Uncle Bob Arum, formerly known as the Parsimonious Promoter until he flip flopped and decided to pay WBO sanction fees for Cotto and Manny Pacquiao,


Arum has done more gymnastics lately than Mary Lou Retton, contorting himself on the Nov. 14 title bout issue.

But the promoter overcame his reach impediment and his alligator arms and will go into his own pocket to pay the WBO fees.

I’ve learned exclusively (no one else cares, right Bob?) that there are some neat wrinkles in Cotto’s new deal including:

1. NO GOLF CLAUSE. As fallout from his totally coincidental golf round with rival Oscar de la Hoya, Cotto is not permitted to play golf, watch golf or to even eat a sand wedge at a golf course. This ban extends to miniature golf and to hitting the plastic balls into the clown’s mouth. Cotto cannot even mention the names of Tiger Woods or Ernie Els.
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Source: www.examiner.com
By: Michael Marley

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Cotto/Pacquiao: Many questions, no answers, no title....no fight?

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After all the punch and grab over whether or not this fight would actually happen, finally a deal was struck and the announcement was made. Bob Arum stated that the fight was agreed upon by both parties and that November 14th would be the defining moment in the careers of two of the sports most prominent warriors.

After all the celebration for the official announcement, there seems to be a few key issues that stand in the way, and some close to the situation have began to wonder whether or not we actually have a fight.

It's hard to believe that we don't until you stumble across one major detail......Neither signature has touched the contracts yet!

When Bob Arum was quoted last week as saying that "it should be done this week or early next", I knew there was more to the mix than what we were being told. It's one thing to have a verbal agreement over the phone from thousands of miles away (Cotto in Puerto Rico and Pacquiao in the Philippines) but it's another story when guys get to see things face to face and learn that some of the details were not completely addressed.

Seems there wasn't a complete understanding for whether or not the title would be on the line, and apparently, all the issues surrounding the economics have yet to be hashed out as well.

Arum was recently quoted as saying that sanctioning fees could tally up to $400K, however, research has revealed that $340K is the magic number, with both fighters forking over $150K a piece, and Arum contributing $40K as the promoter.
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Source: www.examiner.com
By: Vivek Wallace

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High praise for Manny Pacquiao; none for Miguel Cotto

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Knowing my history, you would never believe I would agree with Bob Arum on anything. I have walked on the other side of the street from him for years.


But a weird "Axis of Evil" exists between Arum, WBO president Francisco "Paco" Valcarcel and myself.

The three of us believe WBO welterweight champion Miguel Cotto should defend his title against Manny Pacquiao and should pay the sanctioning fee he is responsible for when he accepted his title.

This not a novel idea. It's standard operating procedure.
Note: A usually accurate but unconfirmed source tells me that this has all been resolved now and Cotto will defend the WBO title and the sanctioning fee will be paid by someone other than Cotto or Team Cotto and afterwords everyone will go to a camp fire and sing "Kumbayah."

This is about business. Honor, national pride, glory and all are nice, but not the point.

Read the interviews with Arum and Valcarcel. They are not concerned either way. These are two secure, confident men that know their businesses.

Arum can either have "WBO Title" splashed across posters, or he can't. Valcarcel either gets his sanctioning fee from Cotto, or he strips him of the title.
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Source: www.examiner.com
By: Matt Stolow

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Is Cotto Damaged Goods?

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The question on whether or not Miguel Cotto is damaged goods or not has been echoed throughout many boxing talks lately. You pick up the latest Ring Magazine and Cotto's bloody face is on the cover with the look of a beaten fighter there for the taking. You go to the message boards and the writings are all there, everyone seems to think that Cotto is a damaged fighter.


In Cotto's next fight he will take on the quickest deadliest storm of them all, Manny Pacquiao. No doubt about it that going into this fight, Cotto has way too many negatives on his side. We have that nasty gash that must stay closed but we all know that Pac-Man will be right there to jab at it, we have the wear and tear from all his tough battles, I mean outside the ring Cotto is younger than Pacquiao but inside the ring Cotto is the much older fighter, and the biggest negative of them all is the fact that Cotto will be going into a war with a trainer that is way too green for a fight of this magnitude.

You can bet that Pacquiao is going to be looking to take fully advantage of the three negatives mentioned. Now do those three negatives mean that Cotto is expired? In my opinion, I say NO. If Cotto was damaged goods like they say he is then this fight would be taking place at 147 and not 145. I also feel that Cotto is a way better fighter now than he was when he fought Judah. Cotto to me is alot more well rounded now.


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Source: www.diamondboxing.com
By: Albert Alvarez

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WBO: Cotto can be forced to stake his belt

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EVEN IF MIGUEL COTTO DOESN’T want to, he’d likely be forced to stake his World Boxing Organization welterweight belt against Manny Pacquiao on Nov. 14 at the MGM Grand in Las Vegas.

This was the opinion of WBO president Francisco “Paco” Valcarcel, who’s batting for the megabuck bout to be a title fight.

In a talk with Dr. Allan Recto of Philboxing on Tuesday, Valcarcel noted that the first thing Pacquiao needs to do is write the WBO a letter requesting that he and Cotto fight for the title and then tell chief promoter Bob Arum to inform the WBO about it.

Together, they can pressure Cotto to stake his title even if the fight is going to be at a catch weight of 145 lb.

Valcarcel also said in a separate interview with Jose Manuel Martino of Boxeo Mundial that Cotto still would have to pay the WBO $150,000 whether or not he risks the title or not.
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Source: sports.inquirer.net
By: Philippine Daily Inquirer

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Manny and Miguel, just say no

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Pacland Public Enemy #1 reporting from an undisclosed location while smoking a beef brisket, along with enjoying a few Shiner Bocks.


Seems as if some card carrying members of Pacquiao Nation have taken offense to my recent columns regarding their star, again. My life has been threatened, my intelligence insulted, and my so-called expertise in all things boxing questioned because I dared to argue that no championships are needed to make Pacquiao's bout with Miguel Cotto a battle for the ages and that Puerto Ricans are not enamoured with Cotto as much as Filipinos are with Pacquiao. Of course mentioning that Erik Morales' first fight with Manny Pacquiao is one of my all-time favorite scraps had many of Manny's Maniacs going wild and thirsty for violence.

Now a week following the official announcement of Cotto - Pacquiao, the loudest buzz surrounding the fight is that pesky WBO welterweight championship which is NOT at stake. Yes fight fans, the title is NOT at stake for now and it really should not matter to any of us.
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Source: www.examiner.com
By: Ricardo Lois

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