Boxing: Ancajas expected to get P6.3M in Sultan fight


Posted at Mar 21 2018 09:05 PM

Ancajas could earns as much as P21 million in 2018, says match maker

Jerwin Ancajas will be getting his biggest payday to date against Jonas Sultan. File/Fernando Sepe Jr., ABS-CBN News

MANILA -- Jerwin Ancajas’s hard work has been paying off. 

The world junior bantamweight champion stands to earn $120,000 or P6.3 million in his upcoming title defense against fellow Filipino boxer Jonas Sultan, according to his match maker Sean Gibbons.

This is a far cry from the $3,700 purse he got during his title challenge against Puerto Rico’s McJoe Arroyo back in September 2016.

If he continues to win, Ancajas could take in as much as $400,000 or P21 million from all of his fights in 2018, Gibbons said in Joaquin Henson’s report to Philboxing.

“Bob (Arum) is a genius and he knows how to spot a great fighter. Initially, Bob offered Jerwin a three-fight contract with an option for three more fights. After Jerwin knocked out Gonzalez, Bob didn’t hesitate to exercise his option so he’s got Jerwin locked in for five more fights,” he said. 

Gibbons was referring to Ancajas’ 3-fight contract with Top Rank Inc. This has been stretched to 6 fights after Ancajas’s stellar performance against Mexico’s Israel Gonzalez in Corpus Christi, Texas, last February.

He said the good thing about Ancajas is his humility. This trait, said Gibbons, will help Ancajas save a lot of what he’s been earning.

“Jerwin’s still the same down-to-earth guy,” he said. “He’s not extravagant. He helps out his family and invests his money wisely. With trainer Joven Jimenez, Jerwin set up the Survival Camp in Magallanes, Cavite, which is getting to be more popular than the Wild Card Gym.”

“He’s like Sen. Manny (Pacquiao) in that respect,” he said. “Jerwin’s head is in the right place. He’s just a nice, humble guy.” 

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