Jury sides with management firm in Pacquiao civil lawsuit | ABS-CBN

Featured:
|

ADVERTISEMENT

Featured:
|
dpo-dps-seal
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!

Jury sides with management firm in Pacquiao civil lawsuit

Jury sides with management firm in Pacquiao civil lawsuit

Steve Angeles,

ABS-CBN News

 | 

Updated May 03, 2023 10:02 PM PHT

Clipboard

Manny Pacquiao (R) of the Philippines fights against Yordenis Ugas of Cuba during the WBA Welterweight Championship boxing match at T-Mobile Arena in Las Vegas, Nevada on Aug. 21, 2021. Patrick T. Fallon, AFP/File
Manny Pacquiao (R) of the Philippines fights against Yordenis Ugas of Cuba during the WBA Welterweight Championship boxing match at T-Mobile Arena in Las Vegas, Nevada on Aug. 21, 2021. Patrick T. Fallon, AFP/File

A jury on Wednesday sided with Paradigm Sports Management in its civil lawsuit against Filipino boxing icon Manny Pacquiao for breach of contract, after weeks of testimonies from both camps.

Believing it was Pacquiao’s lone fight promoter, Paradigm had alleged that the 8-division champion violated his contract when he allowed other associates to arrange the August 2021 fight between him and Errol Spence.

Yordenis Ugas eventually substituted for an injured Spence in what would eventually be Pacquiao’s final professional fight.

Pacquiao contended that Paradigm had failed to deliver fights or endorsements, and maintained that he had to the opportunity to pursue fights under his contract with TGB Promotions.

ADVERTISEMENT

Voting 9-3, the jury awarded Paradigm Sports $1.8 million in damages and ruled that Pacquiao should pay back the $3.3-million advance that the firm gave him.

During closing arguments, Paradigm’s counsel Judd Burstein claimed that the boxer made it impossible for the company to successfully fulfill its duties.

Paradigm alleged that Pacquiao concealed his preexisting agreements with TGB Promotions and that other people interfered with their efforts to secure a fight.

Burstein said Pacquiao’s alleged breach of contract caused them to lose $22 million in revenue, on top of the $3.3-million advance payment they gave him.

Meanwhile, Pacquiao’s camp had said he was taken advantage of by the company which had not worked with boxers in the past.

ADVERTISEMENT

Pacquiao's defense attorney Bruce Cleeland said Paradigm failed to deliver on fights, endorsements, and complete a $4-million advance.

Cleeland contended that Pacquiao did not breach his contract and had the right to terminate his partnership with Paradigm since those obligations were not met.

In Pacquiao’s countersuit that accused Paradigm of breach of contract, concealment, and misrepresentation, the jury voted 10-2.

Unlike criminal proceedings, civil cases only need 9 out of 12 jurors to agree.

Watch more News on iWantTFC

Neither Pacquiao nor Paradigm CEO and founder Audie Attar were present in the courtroom as the jury handed in their verdict.

ADVERTISEMENT

Pacquiao’s legal team declined to issue a statement outside the courtroom, while Paradigm lawyer Burstein welcomed the decision.

"It’s always nice to have justice done. Manny Pacquiao’s behavior in this case was disgraceful. As I said to the jury, he’s an extraordinary athlete, and he has an extraordinary story, but that doesn't mean he gets a pass on being a decent human being," Burstein said.

"He signed the contract, didn’t live up to it, he took money likely because he was in desperate need of it, and he was dishonest throughout the process, hiding relevant facts and think that he’s had to pay a price for it which is fair.

ADVERTISEMENT

ADVERTISEMENT

It looks like you’re using an ad blocker

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.