Bradley Is Not Pacquiao's Most Taxing Concern

Published

11 years ago

March 27, 2014

Bernard Fernandez

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Let me tell you how it will be

There’s one for you, 19 for me

’Cause I’m the taxman, yeah, I’m the Taxman

–Lyrics from a George Harrison-written song on the Beatles’ Rubber Soul album

Manny Pacquiao (55-5-2, 38 KOs) challenges WBO welterweight champion Timothy “Desert Storm” Bradley (31-0, 12 KOs) in an HBO Pay-Per-View bout on April 12 at Las Vegas’ MGM Grand, and the gist of most of the questions directed by inquiring media minds toward the Filipino legend ran toward what might be described as standard boxing matters. The give-an-take exchanges during Tuesday’s half-hour-long conference call with Pacquiao went something like this:

Q: Are you concerned that you could again get stiffed on the scorecards like you did in your first fight with Bradley? (Bradley was awarded a hotly disputed split decision, also at the MGM Grand, on June 9, 2012.)

MP: “I’m not thinking about the judges. What I want to do is focus on strategy and techniques that we practiced in the ring.”

Q: Does it bother you that Bradley is dropping broad hints that, since your first fight with him, you’ve lost your “hunger” for boxing and “killer instinct” to finish off opponents in trouble?

MP: “The more he says that, the more it inspires me. It’s good for me. But not for him, I think.”

Q: Did you think you were too far ahead on points to possibly lose a decision, and were you shocked when those two judges (Duane Ford and C.J. Ross) turned in cards favoring Bradley?

MP: “I’m not angry. After that decision was announced, I understood that no one is perfect in this world (a reference, presumably, to Ford and Ross). Sometimes mistakes are made. It’s part of boxing.”

Q: Having been a victim of malfeasance by pencil once before, do you feel any additional pressure to score a knockout this time and take matters out of the judges’ hands?

MP: “We’re not focusing on a knockout. Our focus this time is to put on more pressure, to be more aggressive, to throw a lot of punches. If a knockout comes, it comes.”

Pretty tame stuff, all things considered. Then again, Pacquiao never has been the sort to recklessly run his mouth before, during or after fights. He is, by all accounts, gentlemanly in his demeanor and, let’s not forget, he’s also a politician, a member of the Philippine Congress with aspirations of someday becoming his nation’s president. Good manners and rough-and-tumble political instincts seldom are mutually inclusive, but it probably helps those seeking to gain or retain public office if they maintain at least a veneer of humility and the proper social graces.

What has largely gone unsaid in the run-up to this fight, the outcome of which could drastically influence whatever remains of the 35-year-old Pacquiao’s boxing career, is the identity of the most fearsome opponent he actually is facing. The scary dude in question is the same one who long ago flattened the great Joe Louis harder than Rocky Marciano ever could. As he did when he went after the “Brown Bomber,” that foe is targeting “Pac-Man” with a blistering, two-fisted attack, throwing wide haymakers from near and far.

Put it this way: Bradley might be one tough cookie inside the ropes, but that shadowy presence – be he based in the U.S. or in the Philippines — is even more relentless, forever boring in with stinging shots to a prosperous fighter’s bank accounts. What is it that Louis once said? Oh, yeah. You can run, but you can’t hide.

Not from the Taxman, anyway.

Including endorsements, Pacquiao has earned more than $300 million, which certainly seems like a lot of money, and is a figure even more impressive when you consider that, as recently as 2010, the per-capita income in the Philippines was just $2,000, among the lowest of any Asian country. If the PPV numbers are as healthy as Top Rank founder Bob Arum anticipates, Pacquiao’s take for the second twirl around the ring with Bradley could add $15 million-plus to his presumably bulging coffers.

But really rich people aren’t exempt from the kind of money problems that confront less-well-paid workers everywhere, except that theirs are on a much grander scale. The Internal Revenue Service here and its Philippine counterpart have homed in on Pacquiao like heat-seeking missiles. As of December, the IRS was pursuing Pacquiao for $18.3 million in unpaid taxes, with $11 million of the debt relating to the very years (2008 and 2009) that the fighter promised the Philippine government he had fully paid his tax obligation to the United States.

If tax officials in the Philippines are to be believed, Pacquiao’s past-due tax bill there is even more staggering: $50 million.

Asked if his tax problems might be blurring his focus on the task at hand as the rematch with Bradley approaches, Pacquiao insisted it’s no big deal.

“I’m not going to worry about that,” he said. “I didn’t hide anything, and I hired a very good accountant.”

That accountant had better be world-class sharp because, well, the ones Louis sought out to alleviate his crushing tax debt to the IRS were more overmatched than the members of the Bum of the Month Club he so casually dispatched during his long heavyweight championship reign.

One month after the Japanese bombed Pearl Harbor on Dec. 7, 1941, Louis gave his entire $65,200 purse (around $700,000 in today’s money) from his first-round knockout of Buddy Baer to the Naval Relief Fund. Less than three months later, he gave his entire $45,882 purse for his sixth-round stoppage of Abe Simon to the Army Relief Fund. Louis then put his boxing career on hold to enlist in the Army as a private, earning $21 a month.

When hostilities ended, Louis, despite his patriotism-inspired contributions to the American war effort, found himself owing the IRS $500,000. Compound-interest penalties regularly inflated that amount like the clicking meter of a taxi ride that never ends, and Louis died a broke and broken man. Overly trusting, ignorant of things like tax shelters and municipal bonds, and generous to a fault, it has been estimated that one of boxing’s most dominant champions received only $800,000 or so from the estimated $4.6 million he earned during his ring career.

Not that the same fate awaits Pacquiao, but there is another old saying, this one coined by Spanish philosopher George Santayana: Those who do not learn from history are doomed to repeat it.

Attempts at slipping those big shots from the Taxman have already influenced where Pacquiao plies his trade, and likely will continue to do so, most probably for the remainder of his ring career. His most recent bout – a 12-round unanimous decision over Brandon Rios on Nov. 24 — took place in Macao, China, in large part because of the top marginal tax rate there is 12 percent as opposed to the United States’ newly increased top rate of 39.6 percent. That meant that Pacquiao pocketed an extra 28 cents on the dollar, a not insubstantial amount and especially appealing to anyone facing his burgeoning tax problems.

Somebody on the conference call asked if Pacquiao would consider fighting in New York City, either at Madison Square Garden in midtown Manhattan or Brooklyn’s Barclays Center. Pacquiao said sure, he’d like that, if it made financial sense for him to do so.

That response provided Arum with an opportunity to jump in and explain the tax-code-influenced economics of boxing, which largely dictates who fights whom, and where.

“Manny is a foreign national,” Arum explained. “If he fights in New York, he has to pay state tax, city tax, unincorporated business tax. It comes to 14 percent. Because he’s a foreign national, he can’t take a credit for any of those taxes. The penalty for him fighting in New York (instead of Nevada, which has no state tax), if Manny’s earnings are $20 million, is as much as $3 million.

“It’s conceivable if somebody is going to make up the difference, that we would fight in New York. But why should it come out of (Pacquiao’s) pocket?”

The same rationale helps explain why Floyd Mayweather Jr. is fighting Marcos Madaina at the MGM Grand on May 3, instead of the Barclays Center, which had also sought to host that bout.

When Pacquiao fought Rios, someone – uh, that would be me – suggested he would have to overcome the “mother of all distractions,” namely Typhoon Haiyan, which had struck the northern Philippines on Nov. 7, killing 5,000 of “Pac-Man’s” countrymen and leaving hundreds of thousands more homeless, hungry and desperate.

Perhaps Pacquiao’s concentration is so riveted on Bradley that the dark tax cloud that is hovering over his head won’t be the granddaddy of all distractions, and one that could prove more nettlesome than that which drifted in with Haiyan. But Bradley is a better overall fighter than Rios, and Pacquiao is 35, after all, an age when the reflexes of many elite fighters slow just enough to make a difference.

The only thing that seems absolutely certain at this point is that Pacquiao will not enter the ring to the sounds of George Harrison’s amplified voice singing of the Taxman reaching deep into his pocket.

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Bernard Fernandez

TSS Salutes Thomas Hauser and his Bernie Award Cohorts

Published

2 days ago

April 16, 2025

TSS Press

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The Boxing Writers Association of America has announced the winners of its annual Bernie Awards competition. The awards, named in honor of former five-time BWAA president and frequent TSS contributor Bernard Fernandez, recognize outstanding writing in six categories as represented by stories published the previous year.

Over the years, this venerable website has produced a host of Bernie Award winners. In 2024, Thomas Hauser kept the tradition alive. A story by Hauser that appeared in these pages finished first in the category “Boxing News Story.” Titled “Ryan Garcia and the New York State Athletic Commission,” the story was published on June 23. You can read it HERE.

Hauser also finished first in the category of “Investigative Reporting” for “The Death of Ardi Ndembo,” a story that ran in the (London) Guardian. (Note: Hauser has owned this category. This is his 11^th first place finish for “Investigative Reporting”.)

Thomas Hauser, who entered the International Boxing Hall of Fame with the class of 2019, was honored at last year’s BWAA awards dinner with the A.J. Leibling Award for Outstanding Boxing Writing. The list of previous winners includes such noted authors as W.C. Heinz, Budd Schulberg, Pete Hamill, and George Plimpton, to name just a few.

The Leibling Award is now issued intermittently. The most recent honorees prior to Hauser were Joyce Carol Oates (2015) and Randy Roberts (2019).

Roberts, a Distinguished Professor of History at Purdue University, was tabbed to write the Hauser/Leibling Award story for the glossy magazine for BWAA members published in conjunction with the organization’s annual banquet. Regarding Hauser’s most well-known book, his Muhammad Ali biography, Roberts wrote, “It is nearly impossible to overestimate the importance of the book to our understanding of Ali and his times.” An earlier book by Hauser, “The Black Lights: Inside the World of Professional Boxing,” garnered this accolade: “Anyone who wants to understand boxing today should begin by reading ‘The Black Lights’.”

A panel of six judges determined the Bernie Award winners for stories published in 2024. The stories they evaluated were stripped of their bylines and other identifying marks including the publication or website for which the story was written.

Other winners:

Boxing Event Coverage: Tris Dixon

Boxing Column: Kieran Mulvaney

Boxing Feature (Over 1,500 Words): Lance Pugmire

Boxing Feature (Under 1,500 Words): Chris Mannix

The Dixon, Mulvaney, and Pugmire stories appeared in Boxing Scene; the Mannix story in Sports Illustrated.

The Bernie Award recipients will be honored at the forthcoming BWAA dinner on April 30 at the Edison Ballroom in the heart of Times Square. (For more information, visit the BWAA website). Two days after the dinner, an historic boxing tripleheader will be held in Times Square, the logistics of which should be quite interesting. Ryan Garcia, Devin Haney, and Teofimo Lopez share top billing.

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Mekhrubon Sanginov, whose Heroism Nearly Proved Fatal, Returns on Saturday

Published

3 days ago

April 15, 2025

Arne K. Lang

Mekhrubon-Sanginov-whose-Heroism-Nearly-Proved-Fatal-Returns-on-Saturday

To say that Mekhrubon Sanginov is excited to resume his boxing career would be a great understatement. Sanginov, ranked #9 by the WBA at 154 pounds before his hiatus, last fought on July 8, 2022.

He was in great form before his extended leave, having scored four straight fast knockouts, advancing his record to 13-0-1. Had he remained in Las Vegas, where he had settled after his fifth pro fight, his career may have continued on an upward trajectory, but a trip to his hometown of Dushanbe, Tajikistan, turned everything haywire. A run-in with a knife-wielding bully nearly cost him his life, stalling his career for nearly three full years.

Sanginov was exiting a restaurant in Dushanbe when he saw a man, plainly intoxicated, harassing another man, an innocent bystander. Mekhrubon intervened and was stabbed several times with a long knife. One of the puncture wounds came perilously close to puncturing his heart.

“After he stabbed me, I ran after him and hit him and caught him to hold for the police,” recollects Sanginov. “There was a lot of confusion when the police arrived. At first, the police were not certain what had happened.

“By the time I got to the hospital, I had lost two liters of blood, or so I was told. After I was patched up, one of the surgeons said to me, ‘Give thanks to God because he gave you a second life.’ It is like I was born a second time.”

“I was in the wrong place at the wrong time. It could have happened in any city,” he adds. (A story about the incident on another boxing site elicited this comment from a reader: “Good man right there. World would be a better place if more folk were willing to step up when it counts.”)

Sanginov first laced on a pair of gloves at age 10 and was purportedly 105-14 as an amateur. Growing up, the boxer he most admired was Roberto Duran. “Muhammad Ali will always be the greatest and [Marvin] Hagler was great too, but Duran was always my favorite,” he says.

During his absence from the ring, Sanginov married a girl from Tajikistan and became a father. His son Makhmud was born in Las Vegas and has dual citizenship. “Ideally,” he says, “I would like to have three more children. Two more boys and the last one a daughter.”

He also put on a great deal of weight. When he returned to the gym, his trainer Bones Adams was looking at a cruiserweight. But gradually the weight came off – “I had to give up one of my hobbies; I love to eat,” he says – and he will be resuming his career at 154. “Although I am the same weight as before, I feel stronger now. Before I was more of a boy, now I am a full-grown man,” says Sanginov who turned 29 in February.

He has a lot of rust to shed. Because of all those early knockouts, he has answered the bell for only eight rounds in the last four years. Concordantly, his comeback fight on Saturday could be described as a soft re-awakening. Sanginov’s opponent Mahonri Montes, an 18-year pro from Mexico, has a decent record (36-10-2, 25 KOs) but has been relatively inactive and is only 1-3-1 in his last five. Their match at Thunder Studios in Long Beach, California, is slated for eight rounds.

On May 10, Ardreal Holmes (17-0) faces Erickson Lubin (26-2) on a ProBox card in Kissimmee, Florida. It’s an IBF super welterweight title eliminator, meaning that the winner (in theory) will proceed directly to a world title fight.

Sanginov will be watching closely. He and Holmes were scheduled to meet in March of 2022 in the main event of a ShoBox card on Showtime. That match fell out when Sanginov suffered an ankle injury in sparring.

If not for a twist of fate, that may have been Mekhrubon Sanginov in that IBF eliminator, rather than Ardreal Holmes. We will never know, but one thing we do know is that Mekhrubon’s world title aspirations were too strong to be ruined by a knife-wielding bully.

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Jaron ‘Boots’ Ennis Wins Welterweight Showdown in Atlantic City

Published

6 days ago

April 12, 2025

David A. Avila

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In the showdown between undefeated welterweight champions Jaron “Boots Ennis walked away with the victory by technical knockout over Eamantis Stanionis and the WBA and IBF titles on Saturday.

No doubt. Ennis was the superior fighter.

“He’s a great fighter. He’s a good guy,” said Ennis.

Philadelphia’s Ennis (34-0, 30 KOs) faced Lithuania’s Stanionis (15-1, 10 KOs) at demonstrated an overpowering southpaw and orthodox attack in front of a sold-out crowd at Boardwalk Hall in Atlantic City, New Jersey.

It might have been confusing but whether he was in a southpaw stance or not Ennis busted the body with power shots and jabbed away in a withering pace in the first two rounds.

Stanionis looked surprised when his counter shots seemed impotent.

In the third round the Lithuanian fighter who trains at the Wild Card Gym in Hollywood, began using a rocket jab to gain some semblance of control. Then he launched lead rights to the jaw of Ennis. Though Stanionis connected solidly, the Philly fighter was still standing and seemingly unfazed by the blows.

That was a bad sign for Stanionis.

Ennis returned to his lightning jabs and blows to the body and Stanionis continued his marauding style like a Sherman Tank looking to eventually run over his foe. He just couldn’t muster enough firepower.

In the fifth round Stanionis opened up with a powerful body attack and seemed to have Ennis in retreat. But the Philadelphia fighter opened up with a speedy combination that ended with blood dripping from the nose of Stanionis.

It was not looking optimistic for the Lithuanian fighter who had never lost.

Stanionis opened up the sixth round with a three-punch combination and Ennis met him with a combination of his own. Stanionis was suddenly in retreat and Ennis chased him like a leopard pouncing on prey. A lightning five-punch combination that included four consecutive uppercuts delivered Stanionis to the floor for the count. He got up and survived the rest of the round.

After returning shakily to his corner, the trainer whispered to him and then told the referee that they had surrendered.

Ennis jumped in happiness and now holds the WBA and IBF welterweight titles.

“I felt like I was getting in my groove. I had a dream I got a stoppage just like this,” said Ennis.

Stanionis looked like he could continue, but perhaps it was a wise move by his trainer. The Lithuanian fighter’s wife is expecting their first child at any moment.

Meanwhile, Ennis finally proved the expectations of greatness by experts. It was a thorough display of superiority over a very good champion.

“The biggest part was being myself and having a live body in front of me,” said Ennis. “I’m just getting started.”

Matchroom Boxing promoter Eddie Hearn was jubilant over the performance of the Philadelphia fighter.

“What a wonderful humble man. This is one of the finest fighters today. By far the best fighter in the division,” said Hearn. “You are witnessing true greatness.”

Other Bouts

Former featherweight world champion Raymond Ford (17-1-1, 8 KOs) showed that moving up in weight would not be a problem even against the rugged and taller Thomas Mattice (22-5-1, 17 KOs) in winning by a convincing unanimous decision.

The quicksilver southpaw Ford ravaged Mattice in the first round then basically cruised the remaining nine rounds like a jackhammer set on automatic. Four-punch combinations pummeled Mattice but never put him down.

“He was a smart veteran. He could take a hit,” said Ford.

Still, there was no doubt on who won the super featherweight contest. After 10 rounds all three judges gave Ford every round and scored it 100-90 for the New Jersey fighter who formerly held the WBA featherweight title which was wrested from him by Nick Ball.

Shakhram Giyasov (17-0, 10 KOs) made good on a promise to his departed daughter by knocking out Argentina’s Franco Ocampo (17-3, 8 KOs) in their welterweight battle.

Giyasov floored Ocampo in the first round with an overhand right but the Argentine fighter was able to recover and fight on for several more rounds.

In the fourth frame, Giyasov launched a lead right to the liver and collapsed Ocampo with the body shot for the count of 10 at 1:57 of the fourth round.

“I had a very hard camp because I lost my daughter,” Giyasov explained. “I promised I would be world champion.”

In his second pro fight Omari Jones (2-0) needed only seconds to disable William Jackson (13-6-2) with a counter right to the body for a knockout win. The former Olympic medalist was looking for rounds but reacted to his opponent’s actions.

“He was a veteran he came out strong,” said Jones who won a bronze medal in the 2024 Paris Olympics. “But I just stayed tight and I looked for the shot and I landed it.”

After a feint, Jackson attacked and was countered by a right to the rib cage and down he went for the count at 1:40 of the first round in the welterweight contest.

Photo credit: Matchroom

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