Filed under: WBA, WBC, WBO, Golden Boy Promotions, Boxing Rumors, HBO, FanHouse Exclusive, Top Rank Promotions
Top Rank Promotions CEO Bob Arum spoke to FanHouse Tuesday night after five-time titlist Shane Mosley agreed to face eight-division champion Manny Pacquiao. Pacquiao will put his WBO welterweight (147 pounds) belt on the line May 7. against Mosley in an HBO pay-per-view fight from the MGM Grand Hotel in Las Vegas.
Arum explained why the 39-year-old Mosley (46-6-1, 39 knockouts) was chosen to meet Pacquiao (52-3-2, 38 KOs), who is also the WBC junior middleweight (154 pounds) king, over 37-year-old WBO and WBA lightweight king Juan Manuel Marquez (51-5-1, 38 KOs) and 27-year-old WBC welterweight belt-holder Andre Berto (27-0, 21 KOs).
Mosley told FanHouse that his purse, up front, will be around $5 million against Pacquiao with escalators that will make it surpass the career-best of $7 million that he pocketed after May's unanimous decision loss to Floyd Mayweather (41-0, 25 KOs), who received a non-heavyweight record guarantee of $22.5 million.
Arum said that Golden Boy Promotions, on behalf of Marquez "overpriced" the Mexican, three-division champion. According to a source with knowledge of Marquez's demands, the Mexican, three-division champion had asked for a $5 million guarantee, while making $5 per pay-per-view buy above 500,000, for $8.5 million total if the fight generated 1.2 million buys.
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Source: http://boxing.fanhouse.com/2010/12/21/arum-on-why-pacquiao-mosley-was-chosen-over-berto-or-marquez/
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