Friday, June 29, 2007

Finally! Peace Pact Between GBP and Top Rank

It seems that Golden Boy Promotions and Top Rank have finally reached a settlement of the various legal disputes including that pertaining to Manny Pacquiao. This entails that bouts between Manny Pacquiao and marquee fighters under contract to Golden Boy will be co-promoted by Golden Boy and Top Rank.

Top Rank will promote fights between Manny Pacquiao against fighters other than Golden Boy fighters with Golden Boy retaining a promotional interest. The Manny Pacquiao vs. Marco Antonio Barrera II super fight on October 6, 2007 at Mandalay Bay Hotel and Casino in Las Vegas will be the first fight which will be presented under this arrangement.

The CEO's agreed that the settlement will be great for boxing as Top Rank fighters will be taking on Golden Boy fighters in the months and years ahead. There is not much else to report as all other details of the settlement remain confidential.

Ruy Salud, the founding secretary general of the WBC welcomed reports of a settlement reached between former bitter rivals Golden Boy Promotions and Bob Arum of Top Rank.
Filipino ring idol Manny Pacquiao’s former business manager Rod Nazario joined
Salud this great news. Nazario helped steer Pacquiao to two world titles before they parted ways amicably when Pacquiao signed up with Shelly Finkel.

I think boxing fans are also relieved by news of the peace settlement between both camps. Finally, we will be able to see the super fights that we have been hoping for and Pacquiao will finally be free to let his fist go.I just hope that this pact works out and that Manny resist the temptation to foolishly sign any contracts that will jeopardize his career.

No comments: