Thursday 7 April 2011

Manny Pacquiao advises Nonito Donaire Jr. on contractual battle

Posted by chardyboy on Thursday, April 07, 2011 0 comments

source: Rick Rockwell / Fight Sports Examiner

Over the last 6 weeks, Nonito Donaire Jr. has been involved in a highly publicized contractual battle with Bob Arum and his Top Rank Promotions. The battle reached a boiling point when Donaire Jr. said he was leaving Top Rank for Golden Boy Promotions nearly 2 weeks ago.

Donaire's jump to a rival promotion spawned a lawsuit from Top Rank which just recently resulted in Donaire having to return to Top Rank. On Sunday, fellow Filipino and Top Rank Promotions fighter Manny Pacquiao weighed in on Donaire's contractual situation with the following comments to ABS-CBNnews.com:
"If I were to decide, he should have stayed with Top Rank."

However, Pacquiao went on to say that Donaire is old enough to make his own decision and that he respects the decision of Donaire.

Pacquiao is no stranger to being in a contractual 'tug of war' between Golden Boy Promotions and Top Rank Promotions. In 2006, Pacquiao tried to leave Top Rank Promotions for a contract with rival promotion Golden Boy Promotions.

Pacquiao allegedly received $250,000 from Oscar De La Hoya for joining Golden Boy Promotions. Bob Arum filed a law suit stating that Pacquiao was still under contract with Top Rank Promotions. Eventually, Pacquiao returned the money to Golden Boy Promotions, stayed with Top Rank, and all legal issues were resolved between both sides.

At the end of last week, Arum successfully won another contractual battle against Golden Boy Promotions as an arbitrator ruled that Donaire Jr. is still under contract with Top Rank Promotions.

However, Golden Boy Promotions is not ready to throw in the towel. They will continue to contest the validity of Top Rank's contract with Donaire Jr. in hopes of signing one of boxing's pound for pound best.

Donaire and Golden Boy Promotions are claiming that Top Rank was in breach of his contract which nullified the contract and allowed Donaire to sign with another promotion. As of now, Donaire is rumored to be fighting on May 28th and Top Rank Promotions will be promoting this fight.


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