August 28, 2006
War rages as Pacquiao hunts Promoter
By Hermie Rivera
“The fight racket (boxing) since its rotten beginnings has always been the red light district of sports.” —Jimmy Cannon
AN ugly war continues.
We aren’t talking here of Manny Pacquiao’s impending rumble with Erik Morales in their third 12-round encounter at the Thomas & Mack Center in Las Vegas Nov. l8.
It’s about the Filipino ring idol’s conflict with his handlers who see dollar signs dancing on the boxer’s head any time of day or night.
While Manny’s latest crop of managers have disappeared, (duck hunting?) two of his erstwhile promoters are angling for employment possibilities.
And, like all boxing denizens out to strike gold while the “iron is hot,” these operators lulled themselves into thinking that they could get away with any type of larceny—forgetting that somewhere are crusaders opposed to all forms of fistic chicanery.
Despite blatant raids on his treasury, Manny will continue to prosper unless he does something incredibly stupid that could set him in a trap by subordinates out to ruin him financially.
As for his peripatetic handlers led by Shelly Finkel, Nick Khan and Keith Davidson—perhaps we can oblige them for an iota of transparency since no one who’s outside the loop knows about the service they provided Manny for the $400,000 they took home from his fight with Oscar Larios.
And that doesn’t begin to touch the fees they treated themselves to—from the past Morales fights, the Hector Velazquez fight and the mother of all scores—-Pacquiao-Morales III.
Since Manny Pacquiao was a bona fide star before Finkel, Khan and Davidson, all three Morales fights were in place with Bob Arum’s Top Rank—long before the Filipino superman was even a gleam in the new management’s eyes.
So, it is a waste, seeing 20-25 percent of Pacquiao’s purses ending up as handler’s cuts—not to mention the quarter-million “greenbucks” pocketed by that lucky “son-of-a-gun” who posed as promoter of the January “tumble at the center.”
I gather that some $250,000 changed hands in that iniquitous deal.
Guess who footed the bill?
Keep in mind that this intrepid trio engineered the greatest escape act since Harry Houdini—a flick of the finger and voila! ex-Muhammad Ali bodyguard Murad Muhammad and former business manager Rod Nazario (remember him?) vanished from the Pacman’s radar screens.
Out of sight—out of mind— yeah—for the twosome once deemed untouchables at Manny’s Eden.
Enter, Bob Arum, who has delivered a multimillion-dollar package with humongous extras thrown in as bonuses for the “main eventers.”
But let’s pause and avail of the rest period between rounds so I can, if I may, remind everyone of a firewall that’s etched in the Ali Reform Boxing Act: barring promoters from having a direct or indirect financial interest in the management of a boxer—the proviso inversely applies to managers.
Manny’s clash with Erik in their year-ending “physical debate” as Recah Trinidad asserts in his Pacquiao tome—Pacific Storm— might be the last fight of the Filipino hero prior to his entry into a deadlier combat—politics.
Hello Hizzoner Lito! Welcome Wakee!
Manny Pacquiao is about to become a free agent again and his confidant Rex “Wakee” Salud is moving fast to deliver our icon to Bob Arum who also promotes El Mexicano from Tijuana.
Now Bob, who’s coming in as Manny’s designated promoter in your Grand Finale?
No more miscues—else—you’ll run into Yogi Berra wandering around Ed Wynn’s fabulous digs with his immortal de já vu all over again?

