Days after threatening to initiate legal proceedings against Top Rank Inc., Fighting Sen. Manny Pacquiao has mended his relationship with the American boxing promotional company, headed by businessman Bob Arum.
Thru a post in his social media account on Thursday, September 13, Pacquiao said that his previous threat ‘was a result of miscommunication’ between his team and Top Rank.
The Filipino boxing champion also stressed that the issue has been clarified.
“Everything has been clarified. I would like to thank Bob and Top Rank for helping guide my career and for the many great years of working together. We have accomplished so many amazing things together,” Pacquiao said in his post.
On Monday, September 10, the Filipino senator revealed in his social media account that he plans to sue Top Rank.
According to Pacquiao, he has not received his share of the broadcast earnings from his title bout against Lucas Matthyse which happened in July in Kuala Lumpur, Malaysia.
The camp of the Pambansang Kamao claimed that, as per contract, Pacquiao should receive 85% of the broadcast earnings when his July 15 fight was live-streamed in in the United States, Canada, and Puerto Rico.
“I am initiating legal proceedings against Top Rank and all other parties based on the non-payment and attempt to restrict my future rights,” Pacquiao said in his now deleted social media post.