Richard Schaefer and Bob Arum Discuss Manny Pacquiao vs. Floyd Mayweather Split
Last Saturday night, HBO presented the new television show by Jim Lampley called The Fight Game With Jim Lampley. On last night's show, he had two special guests come on the show and talk about the Floyd Mayweather Jr. vs Manny Pacquiao fight and the current problem of a pay-per-view split. The guests were none other than Richard Schaefer of Golden Boy Promotions and the infamous Bob Arum of Top Rank.
Richard Schaefer was first to talk about the topic and presented an interesting idea.
The idea was to have one of the big three accounting firms account the pay-per-view numbers and the live gate revenue of the last fights of each man going back to 2007, and figure out from there who made the most money between the two. If both men make about the same, then both men should get 50-50 on the pay-per-view split, but if one makes more than the other, then why should there be 50-50?
This actually makes sense. If one man makes a lot more than the other, why should they offer an even split? In theory, this would work out as Mayweather would have to give Pacquiao a split in the end, but would probably get a lion's share of the money considering he was the second-highest selling non-heavyweight pay-per-view fight in boxing history.
Pacquiao might not get a 50-50 split, but he'll get some sort of split. What's yet to be seen is the guaranteed money and whether or not that will change.
Arum later spoke about the position he and Manny Pacquiao stand on. He believes that if Mayweather really thinks that he can defeat Manny Pacquiao, then they should do a 45-45 split with 10 percent going to the winner.
This is more favorable to Pacquiao because even if Mayweather outsells Pacquiao in pay-per-view, Pacquiao will still be getting near 50 percent and make a decent amount of money along the way of losing.
At the end, Bob Arum made a statement that I agree with 100 percent.
He said, "If the fighters want to fight each other, the fight will happen. The promoters are not the all-powerful people in the equation."
At this point in time, if both men really wanted to fight each other, it would've happened by now. But both men let greed and ego get in the way and refuse to give in to one another.
Will the fight happen? Maybe yes, maybe no. All we can do as fans is wait and hope each man can come to an understanding.
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