Connect with us

Featured Articles

Manny Pacquiao and Andre Ward Get Some TMZ “Love”

Published

on

Boxers are today getting some TMZ love, which is maybe not the sort of pub they want. Manny Pacquiao is featured today on the gossip site, and the story made me cringe, as it involved the dreaded IRS. TMZ says Pacman owes $18 million plus to Uncle Sam’s collection agency, including over $8 million from 2009 purses and $4 million from 2010 purses. Now, I don’t think anyone should assume anything here, as I suspect this thing will play out over a span of time, and there will likely be counter claims from people who handled Pacquiao’s taxes here in the US. His promoter, Bob Arum, last week that Pacquiao has a man, Michael Koncz, who set up a company to pay his US bills. He didn’t get into much specifics, but we can assume that includes payments to the IRS. Additionally, Arum said, he is duty bound to pay the IRS directly what Manny owes, 30%, and he did so. “They tried to make it like Manny never paid in the United States the money. Well, Manny’s promoter who pays Manny has, under the law of the United States, the absolute and withhold and pay over to the IRS 30 percent of whatever we pay to Manny,” Arum said to ABS-CBNews.com.

So, we’re not sure where we stand here. Does the $18 million plus constitute what the IRS says Manny owes beyond what has already been paid to them by the Filipino Congressman?

Just freestyling here, but I can imagine a Floyd Mayweather reading this and adjusting in his head, if he is indeed at all considering a fight with Pacman next September, how his bargaining power has been scaled up. If he senses that Manny NEEDS to fight, because he needs to pay the taxman, we can see him using that knowledge as leverage…

Stay tuned…

Another fighter, Andre Ward, got some buzz with an appearance on TMZ. The gist of it is this…Ward’s lawyers filed a motion to get the fighter out of his deal with promoter Dan Goossen. TMZ says the court docs say Ward contends Goossen broke California labor law by signing him in 2004 through 2016…and that CA forbids such contracts to extend more than seven years. I admit to being slightly confused, as just last month, Ward cohort Antonio Leonard filed a suit against Goossen, alleging that terms of a verbal contract to share promotion duties weren’t lived up to by Goossen. The confusion, for me–the furthest thing from a lawyer, of course–is that it would seem that Ward agreed to an extension of a deal with Goossen. The material I’ve seen published points to that happening in 2011. So, I don’t see how Ward can try to escape a contract that he (presumably) signed? I am not aware of a CA labor law which says that a deal may not be extended beyond seven years, if both parties agree to it…

This June Ward fired the first salvo, when he asked the CA commission to void his contract with Goossen, because, he said, Goossen negotiated with HBO for a Ward fight without including some notable Team Ward crew. The commission KO’d Ward’s request.

I do wonder what else there is here, which isn’t being presented to the press. I can’t see Goossen not being able to get any fight for Ward that the boxer might want. Ward actually, seemingly, has good flexibility being aligned with a promoter not caught up in the HBO-Golden Boy Cold War. So, why not just dance with the one that brung ya? Unless you know you have a megafight coming up, and simply can’t stomach sharing the pot with an associate who you no longer want to share it with, for whatever reason? Or, you want to sign with someone else, someone who doesn’t want to co-promote you, who wants to be able to steer the promotional ship solo?

Here’s what I can say with more certainty. Andre Ward wants to jump ship from Dan Goossen, and is moving hell and high water and a bunch of lawyers in order to make that happen. My money is on this one being settled, with Ward having to pay a darned pretty penny to convince Goossen to relinquish his promotional rights. Or maybe not…as one of my lawyer friends pointed out, they can see Goossen digging deep into a foxhole on this issue. Ward is his moneyman, his gravymaker, his entry to getting his kids on the premium channels. He doesn’t want to toss that relationship away so easily…But, that is pure guesswork. Maybe some of our other lawyer friends can weigh in on these two situations, and shed some light for us.

Follow Woods on Twitter.

WATCH RELATED VIDEOS ON BOXINGCHANNEL.TV

Share The Sweet Science experience!
Continue Reading
Advertisement
Vito-Mielnicki-Whitewashes-Kamil-Gardzielik-Before-the-Home-Folks-in-Newark
Featured Articles3 weeks ago

Vito Mielnicki Jr Whitewashes Kamil Gardzielik Before the Home Folks in Newark

Results-and-Recaps-from-New-York-Where-Taylor-edged-Serrano-Once-Again
Featured Articles4 days ago

Results and Recaps from New York Where Taylor Edged Serrano Once Again

From-a-Sympathetic-Figure-to-a-Pariah-The Travails-of-Julio-Cesar-Chavez-Jr
Featured Articles1 week ago

From a Sympathetic Figure to a Pariah: The Travails of Julio Cesar Chavez Jr

Results-and-Recaps-from-NYC-where-Hamzah-Sheeraz-was-Spectacular
Featured Articles3 days ago

Results and Recaps from NYC where Hamzah Sheeraz was Spectacular

Catching-Up-with-Clay-Moyle-Who-Talks-About-His-Massive-Collection-of-Boxing-Books
Featured Articles4 weeks ago

Catching Up with Clay Moyle Who Talks About His Massive Collection of Boxing Books

Catterall-vs-Eubank-Ends-Prematurely-Catterall-Wins-a-Technical-Decision
Featured Articles1 week ago

Catterall vs Eubank Ends Prematurely; Catterall Wins a Technical Decision

More-Medals-for-Hawaii's-Patricio-Family-at-USA-Boxing's-Summer-Festival
Featured Articles3 weeks ago

More Medals for Hawaii’s Patricio Family at the USA Boxing Summer Festival

Philadelphia-Welterweight-Gil-Turner-a-Phenom-Now-Rests-in-an-Unmarked-Grave
Featured Articles4 days ago

Philadelphia Welterweight Gil Turner, a Phenom, Now Rests in an Unmarked Grave

Callum-Walsh-Umar-Dzambekov-and-Cain-Sandoval-Remain-Unbeaten-at-Santa-Ynez
Featured Articles3 weeks ago

Callum Walsh, Umar Dzambekov and Cain Sandoval Remain Unbeaten at Santa Ynez

Jake-Paul-Outpoints-Julio-Cesar-Chavez-Jr-plus-Other-Results-from-Anaheim
Featured Articles2 weeks ago

Jake Paul Outpoints Julio Cesar Chavez Jr plus Other Results from Anaheim

A-Fight-Fan-and-Teremoana-Samson-Junior-Leon-Teremoana
Featured Articles4 weeks ago

A Fight Fan and Teremoana Samson Junior Leon Teremoana

Avila-Perspective-Chap-333-Jake-Paul-JC-Chavez-Jr-Zurdo-and-More
Featured Articles2 weeks ago

Avila Perspective, Chap. 333: Jake Paul, JC Chavez Jr, Zurdo and More

A-Boxing-Card-in-Alabama-Goes-Pfft-A-True-Tale-from-the-Underbelly-of-the-Sweet-Science
Featured Articles2 weeks ago

A Boxing Card in Alabama Goes Pfft: A True Tale from the Underbelly of The Sweet Science

Avila-Perspecrive-Chap-334-Back-to-Back-Boxing-Cards-in-the-Big-Apple
Featured Articles5 days ago

Avila Perspective, Chap. 334: Back-to-Back Boxing Cards in the Big Apple

Paro
Featured Articles3 weeks ago

Liam Paro Returns with a Flourish on Wednesday’s ‘No Limit’ Card in Queensland

Avila-Perspective-Chap-331-Callum-Walsh-Brian-Norman-Galal-Yafai-and-More
Featured Articles4 weeks ago

Avila Perspective, Chap. 331: Callum Walsh, Brian Norman, Galal Yafai and More

A-Closer-Look-at-Mario-Barrios-Poised-to-Wreck-the-Comeback-of-a-Legend
Featured Articles3 weeks ago

A Closer Look at Mario Barrios, Poised to Wreck the Comeback of a Legend

Brian-Norman-Jr-Bombs-Out-Jin-Sasaki-with-a-Frightful-Left-Hook
Featured Articles4 weeks ago

Brian Norman Jr Bombs Out Jin Sasaki with a Frightful Left Hook

When-Boxing-Was-Big-on-the-Fourth-of-July-A-TSS-Classic
Featured Articles2 weeks ago

When Boxing was Big on the Fourth of July: A TSS Classic

Mbilli-Blasts-Out-Sulecki-in-Quebec-Wilder-TKOs-Herndon-in-Wichita
Featured Articles3 weeks ago

Mbilli Blasts Out Sulecki in Quebec; Wilder TKOs Herndon in Wichita

Gibbons
Featured Articles17 hours ago

From the Boondocks to the Big Time, The Wild Saga of Manny Pacquiao’s Sidekick Sean Gibbons

Results-and-Recaps-from-NYC-where-Hamzah-Sheeraz-was-Spectacular
Featured Articles3 days ago

Results and Recaps from NYC where Hamzah Sheeraz was Spectacular

Results-and-Recaps-from-New-York-Where-Taylor-edged-Serrano-Once-Again
Featured Articles4 days ago

Results and Recaps from New York Where Taylor Edged Serrano Once Again

Philadelphia-Welterweight-Gil-Turner-a-Phenom-Now-Rests-in-an-Unmarked-Grave
Featured Articles4 days ago

Philadelphia Welterweight Gil Turner, a Phenom, Now Rests in an Unmarked Grave

Avila-Perspecrive-Chap-334-Back-to-Back-Boxing-Cards-in-the-Big-Apple
Featured Articles5 days ago

Avila Perspective, Chap. 334: Back-to-Back Boxing Cards in the Big Apple

From-a-Sympathetic-Figure-to-a-Pariah-The Travails-of-Julio-Cesar-Chavez-Jr
Featured Articles1 week ago

From a Sympathetic Figure to a Pariah: The Travails of Julio Cesar Chavez Jr

Catterall-vs-Eubank-Ends-Prematurely-Catterall-Wins-a-Technical-Decision
Featured Articles1 week ago

Catterall vs Eubank Ends Prematurely; Catterall Wins a Technical Decision

Avila-Perspective-Chap-333-Jake-Paul-JC-Chavez-Jr-Zurdo-and-More
Featured Articles2 weeks ago

Avila Perspective, Chap. 333: Jake Paul, JC Chavez Jr, Zurdo and More

When-Boxing-Was-Big-on-the-Fourth-of-July-A-TSS-Classic
Featured Articles2 weeks ago

When Boxing was Big on the Fourth of July: A TSS Classic

A-Boxing-Card-in-Alabama-Goes-Pfft-A-True-Tale-from-the-Underbelly-of-the-Sweet-Science
Featured Articles2 weeks ago

A Boxing Card in Alabama Goes Pfft: A True Tale from the Underbelly of The Sweet Science

Mexico's-Francisco-Rodriguez-Jr-is-the-TSS-Fighter-of-the-Month-for-June
Featured Articles2 weeks ago

Mexico’s Francisco Rodriguez Jr is the TSS Fighter of the Month for June

Jake-Paul-Outpoints-Julio-Cesar-Chavez-Jr-plus-Other-Results-from-Anaheim
Featured Articles2 weeks ago

Jake Paul Outpoints Julio Cesar Chavez Jr plus Other Results from Anaheim

Holly-Holm-Joshua-Edwards-and-Rene-Alvarado-Sparkle-on-the-Paul-Chavez-Undercard
Featured Articles2 weeks ago

Holly Holm, Joshua Edwards, and Rene Alvarado Sparkle on the Paul-Chavez Undercard

Mbilli-Blasts-Out-Sulecki-in-Quebec-Wilder-TKOs-Herndon-in-Wichita
Featured Articles3 weeks ago

Mbilli Blasts Out Sulecki in Quebec; Wilder TKOs Herndon in Wichita

Avila-Perspective-Chap-332-Jake-Paul-vs-Chavez-Jr-plus-Mbilli-Deontay-and-More
Featured Articles3 weeks ago

Avila Perspective, Chap. 332: Jake Paul vs Chavez Jr., plus Mbilli, Deontay and More

A-Closer-Look-at-Mario-Barrios-Poised-to-Wreck-the-Comeback-of-a-Legend
Featured Articles3 weeks ago

A Closer Look at Mario Barrios, Poised to Wreck the Comeback of a Legend

Paro
Featured Articles3 weeks ago

Liam Paro Returns with a Flourish on Wednesday’s ‘No Limit’ Card in Queensland

More-Medals-for-Hawaii's-Patricio-Family-at-USA-Boxing's-Summer-Festival
Featured Articles3 weeks ago

More Medals for Hawaii’s Patricio Family at the USA Boxing Summer Festival

Callum-Walsh-Umar-Dzambekov-and-Cain-Sandoval-Remain-Unbeaten-at-Santa-Ynez
Featured Articles3 weeks ago

Callum Walsh, Umar Dzambekov and Cain Sandoval Remain Unbeaten at Santa Ynez

Vito-Mielnicki-Whitewashes-Kamil-Gardzielik-Before-the-Home-Folks-in-Newark
Featured Articles3 weeks ago

Vito Mielnicki Jr Whitewashes Kamil Gardzielik Before the Home Folks in Newark

Advertisement
Advertisement
Advertisement

Trending