MANILA, Philippines – Manny Pacquiao may still fight in the United States after all.
Boxing promoter Bob Arum said Pacquiao is not really shutting his doors to US fight fans by taking his wares to Asia, adding that the Filipino may still return to the US if it becomes economically practical for him to do so.
“No, that's not true at all,” the Top Rank Inc. CEO told Radio Rahim on Pacquiao "snubbing" the US. “He would be open to fight in the United States.”
But for now, Arum said the economic climate does not favor a Pacquiao fight in the US since the Filipino loses 40% of his earnings to taxes whenever he fights there.
“It's all a matter of running the numbers: if he makes a certain amount in the United States, he has to pay 40% in taxes. If he makes a certain amount of money in Macau, it's a very small percentage,” said Arum.
“So you run the numbers, if you fought in the United States and the numbers are such that you’ve taken to account the taxes and still make economic sense, he would fight in the United States,” he said.
Pacquiao is set to make his ring return on November 24 in Macau against Brandon Rios.
The last time he fought in the US was in December 2012, when he lost via sixth-round knockout to Juan Manuel Marquez.