What Manny could learn from ‘Money’

Regardless of who promotes them and how much money Pacquiao and Mayweather ultimately pocket, the manner in which they spend it will determine their post-boxing futures. Both enjoy lavish lifestyles befitting two of the highest-paid athletes of all time, but beyond that, there are few similarities. At one time gambling was a shared passion, but Pacquiao has given it up after years of betting heavily on cards, billiards and cockfighting.

Mayweather, of course, is well known for betting huge amounts of money on various sporting events. I don’t know if risking hundreds of thousands of dollars on a regular basis amounts to a gambling addiction, but if Floyd does have a problem, living in Las Vegas can only complicate matters for him.

When it comes to spending money, however, Mayweather is a relative skinflint compared to Pacquiao. Unfortunately, the Filipino icon is nowhere near as proficient a bookkeeper as his would-be rival.

“From what I can gather, Manny really can’t be bothered with the minutiae of finance and keeping track of all his funds,” said Lerner, who has known Pacquiao since he was a six-round fighter. “After years of spending like there was no tomorrow, it appears that tomorrow has come and Manny is in need of cash. He still has a lot of upkeep on his properties and businesses, and many people are relying on him to further their political careers. Manny has a hard time saying no, and people everywhere still constantly besiege him for help.”

Leave a Reply

Your email address will not be published. Required fields are marked *