Manny Pacquiao has rescinded his deal with Golden Boy Promotions and signed a 4-year deal with Bob Arum`s Top Rank Promotions, according to Bob Arum. At the post fight conference, Arum announced the deal to the media, stating that Pacquiao took advice from his lawyers, who more than likely told him that Arum would sue him for breaching his previous contract, and decided to sign a new deal.
It is also being reported that Golden Boy has refused to take back the $500,000 check that they had given Pacquiao as a bonus for signing with Golden Boy. Whatever happens, the matter will more than likely be settled in court.
Manny Pacquiao has rescinded his deal with Golden Boy Promotions and signed a 4-year deal with Bob Arum`s Top Rank Promotions, according to Bob Arum. At the post fight conference, Arum announced the deal to the media, stating that Pacquiao took advice from his lawyers, who more than likely told him that Arum would sue him for breaching his previous contract, and decided to sign a new deal.
It is also being reported that Golden Boy has refused to take back the $500,000 check that they had given Pacquiao as a bonus for signing with Golden Boy. Whatever happens, the matter will more than likely be settled in court.
