Manny Pacquiao taking legal action against Top Rank Boxing

ABS-CBN Sports on Sep 10, 2018 11:06 PM
Manny Pacquiao taking legal action against Top Rank Boxing
Eight-division boxing world champion Manny Pacquiao is set to take legal action against former long-time promoters Top Rank Boxing. (AP Photo/Yam G-Jun)

Eight-division boxing world champion and reigning WBA (Regular) Welterweight World Champion Manny "Pacman" Pacquiao is taking legal action against former long-time promoter Bob Arum and Top Rank Boxing. 

In an Instagram post Monday evening, Pacquiao, 39, congratulated Top Rank Boxing and ESPN for their recently-announced seven-year partnership. 

The boxer-turned-statesman then proceeded to take a jab at Top Rank, citing non-payment for the US rights of his recent WBA world title bout against Argentinian Lucas "La Maquina" Matthysse last July 15th in Kuala Lumpur, Malaysia.

"Congratulations and good luck to @TRboxing and @ESPN on your 7-year partnership agreement." the Instagram post read. 

"However, I have not received the US rights payment for my July 15 fight against Lucas Matthysse that was broadcast on ESPN plus. Therefore, I am initiating legal proceedings against Top Rank and all other parties based on the non-payment and attempt to restrict my future rights. Thank you." it continued. 

Pacquiao defeated Matthysse via TKO in the seventh round in Kuala Lumpur to capture the WBA title. 

The event, dubbed as "Fight of Champions" was a joint promotion between Pacquiao's MP Promotions outfit and former in-ring rival Oscar De La Hoya's Golden Boy Promotions, who handled Matthysse. 

It was also Pacquiao's first fight not under the Top Rank Boxing banner since signing with them more than a decade ago. 

Top Rank was still involved with the Pacquiao-Mattyhsse bout however, as they, along with ESPN were responsible for broadcasting the bout in the US, Canada, and Puerto Rico. 

The unpaid broadcast fees are reportedly worth around $1.7 million, with Pacquiao expected to 85 percent of the revenue for the US rights. 

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