Why did Manny Pacquiao announce recently that he is willing to go to the lion’s den and face Juan Manuel Marquez in Mexico City?
Although Pacquiao hasn’t decided on who to fight on Nov. 10, the Filipino actually has no other choice but to pick among Marquez and Timothy Bradley, the unbeaten American fighter whose victory over him almost two weeks ago remains shrouded in controversy and mystery.
A few days ago, the Mexican media reported that initial talks have commenced for a possible Pacquiao-Marquez showdown in Mexico City.
Representing Marquez is Mexico’s premier promoter, Fernando Beltran, who has close ties with Bob Arum’s Top Rank Inc.
A source told InterAKTV that Pacquiao stands to save a lot of money because he won’t be taxed if he struts his stuff on Mexican soil.
“Millions [of dollars] in taxes,” said the boxing source. “That’s a lot.”
If Pacquiao performs in Sin City, whether it’s Bradley or Marquez, his purse will be subject to taxes.
But taking the fight away from Las Vegas is the biggest stumbling block in bringing it to Mexico.
Las Vegas has unlimited resources and can match — or exceed — an offer from Mexico City.
Arum said a clearer picture of what’s on the horizon should be known next week when he and Pacquiao reunite in Los Angeles.