Thursday, August 14, 2008

Pacquiao-De la Hoya Mega Bout Fizzles

After all the hype that is Pacquiao versus a lot of probables, starting from Ricky Hatton, to Edwin Valero, and Humberto Sotto, Oscar “The Golden Boy” De La Hoya announced he will step into the ring with the Filipino slugger. Like all hyped stories, The Golden Boy vs. The Pac-Man fantasy bout will not push through.

Money has a way of doing and undoing things. The De La Hoya-Pacquiao match already sparked boxing fans, dubbing as one of the would-be mega fights of boxing history. Analysts say that a fight of such magnitude would yield $100 million in revenue from pay-per-view alone.

Golden Boy Promotions want the split to be at 70-30 in favor of GBP. Pacquiao’s camp thought it was fair at 60-40 in favor of De La Hoya. Top Rank big boss Bob Arum, Pacquiao’s promoter, questioned whether the GBP’s desired split was a fair deal.

Pacquiao will likely face Humberto Sotto, who is the top gun of the junior lightweight division.