Left Out in the Cold: Losers in the Pacquiao Sweepstakes
By Mark Vester
Last week, Dave Scholler penned an article for BoxingScene.com titled “Left Out in the Cold: Losers in the Oscar Sweepstakes.” In the article Scholler ran down a list of candidates who were in the running, or trying to get in the running, for a possible fight with Oscar De La Hoya on December 6 in Las Vegas.
Last Thursday, after weeks of back and forth negotiations, a deal was finally struck for De La Hoya to face WBC lightweight champion Manny Pacquiao. The Filipino icon will move up by two-weight divisions, from 135 to 147-pounds.
Pacquiao stands to make $15 million dollars from the fight, by far his biggest payday to date. The payday is so high that it’s already been revealed that Pacquiao is planning to fight two more times in 2009 and then retire from boxing to once again pursue a political career in his native Philippines.
While fighters like WBA welterweight champ Antonio Margarito, Winky Wright, 154-pound champ Sergio Mora, Miguel Cotto and Felix Trinidad were left out in the cold on the De La Hoya side, there were also a number of fighters who were left out in the cold on the Pacquiao side.
The Top Five Biggest Losers in The Pacquiao Sweepstakes
Fifth Place: Edwin Valero
Threat to Pacquiao: Moderate
Reason Why Considered: Impressive Professional Record
Valero was one the two opponents being considered to fight Pacquiao in November. His impressive record of 24-0, with 24 knockouts was enough to hype the fight as a bone-crushing slugfest. Several problems quickly came up. Valero was still under a medical suspension that prevented him from fighting in the United States. The suspension stems from the head injury Valero suffered from a motorcycle accident on February 5, 2001. Valero fractured his skull and required surgery to remove a blood clot. Fast forward to January 2004, in New York, Valero failed an MRI due to brain scan irregularities and the medical suspension was immediately issued.
But, a few months ago, there came a small light. Valero was medically cleared to fight in the state of Texas and a possible fight with Pacquiao was being discussed, but Top Rank was set on staging the fight in Las Vegas. The end came when Top Rank’s head, Bob Arum, felt the medical hurdles to get Valero cleared to fight in Las Vegas would have taken too long and the fight was taken off the table.
Other than being the WBA super featherweight champion and having a great record, some felt that he didn’t bring a lot to the table. There were concerns about Valero’s marketability as Top Rank and Pacquaio’s team saw him an unknown fighter to most American fans, and someone who didn’t possess a big enough fan base, locally, to make it a big pay-per-view extravaganza.
Fourth Place: Nate Campbell
Threat to Pacquiao: High
Reason Why Considered: Holder of Three Lightweight Titles, Possible Unification
Campbell’s name was mentioned a few times by Pacquiao’s team as a possible opponent down the line. A possible unification of the entire lightweight division. I don’t think anyone took the consideration of Campbell seriously. Campbell falls into the category of “high risk with little reward.” Not financially satisfying enough to make such a fight with the possible risk involved.
The biggest obstacle in putting the fight together would have been the promotional beef between Arum and Campbell’s co-promoter, Don King. Certainly not enough money in the fight to make those two put aside their differences. Does anyone even remember the last time Arum and King co-promoted a big how? Campbell defends his titles against undefeated Joan Guzman on September 13. If he beats Guzman, his next target will probably be the winner of Juan Manuel Marquez-Joel Casamayor, which takes place on the same night.
Third Place: Ricky Hatton
Threat To Pacquiao: High
Reason Why Considered: A Huge Payday, A Huge Event, On The Downside of His Career.
The plan to fight Hatton may still be open for some point in 2009, depending on how Pacquiao does against De La Hoya and whether or not Hatton gets past Paulie Malignaggi in November. The original plan by Top Rank was to have Pacquiao fight either Edwin Valero or Humberto Soto in November, and then face Hatton as the first bout of 2009. Because Hatton appears to be on the slide, Pacquiao’s handlers were demanding the fight take place.
During the time that Pacquiao and De La Hoya were in a dispute over the revenue split, Pacquiao’s trainer Freddie Roach was advising Manny to skip a November fight with Soto and jump straight to a showdown with Hatton in 2009.
Because Manny is fighting De La Hoya in December and making a possible $15 million dollar payday, the economics for a fight with Hatton are now completely different. After making such a big purse, there is no way that Pacquiao will take the short-end of the money to Hatton, and he might even want a much bigger slice than he would have previously demanded. Floyd Mayweather Jr. retired not because of a shortage of people to fight, but a shortage of people to fight for $20 million dollars. Pacquiao was unwilling to bow down to De La Hoya’s monetary demands and in the end he made out like a bandit with a better deal than Mayweather received when he fought De La Hoya last May. Pacquiao certainly won’t bow down to anything Hatton tries to demand.
Second Place: Humberto Soto
Threat to Pacquiao: Moderate
Reason Why Considered: Knocked out Pacquiao’s brother Bobby, Mexico vs. Philippines Rivalry, Easy Fight To Make Since Top Rank Promotes Him.
Humberto Soto was very close to becoming Pacquiao’s opponent in November. Because Manny came to terms with De La Hoya, Soto may never be in line to fight Pacquiao again. Because he was promoted by Top Rank and willing to take a small piece of the pie, he was convenient. The story line being presented was Manny trying to get revenge for Soto knocking out his brother, Bobby.
When Pacquiao and De La Hoya had a dispute over the revenue percentage, Soto was being used as the bargaining chip for Pacquiao. If De La Hoya was not willing to budge on his 70-30 split, Pacquiao would fight Soto in November. Well De La Hoya budged, the fight as made and Soto was left in limbo.
First Place: Juan Manuel Marquez
Threat to Pacquiao: Extremely High
Reason Why Considered: Huge Rivalry, Two Exciting Close Fights, Found PPV Success in Their Rematch, Heavy Interest from Mexican and Filipino Fans.
If there was one fighter who can pull Pacquiao’s card and take him to his physical limits, it’s Juan Manuel Marquez. After he lost a close decision to Pacquiao earlier in the year, he actually traveled to the Philippines, and called Pacquiao out, face-to-face, on national television. Talk about a gutsy effort to secure a trilogy fight.
Everything Marquez has done since the loss, including a move up to lightweight, has been to chase down a third meeting with Pacquiao. It’s ironic that Marquez’s promoter, De La Hoya, came right under him and took Pacquiao for himself. The same De La Hoya, who along with Golden Boy’s Richard Schaefer, were screaming that Marquez got robbed against Pacquiao in the rematch.
Making the trilogy bout will be tough. Now with the De La Hoya payday for Pacquiao, even tougher. A rematch between Marquez and Pacquiao took so many years to make because Marquez’s pride would not allow him to accept a fight where he was making a much smaller purse than Pacquiao. Going by history, the third bout will be even harder to put together, especially if Pacquiao wants at least $10 million and Marquez would be getting, well, a lot less.
Marquez is scheduled to fight Joel Casamayor on September 13, a fight originally put together to force a third meeting with Pacquiao. Win or lose, Manny will probably drop down to 140 to target Hatton, if he beats Malignaggi. Marquez was willing to follow Pacquiao to 135. Is he also willing to go to 140 to hunt for Pacquiao? With so many issues to be considered, it wouldn’t surprise me if Marquez and Pacquiao never fight again