— Ryan Songalia (@ryansongalia) April 9, 2014
Top Rank promoter Bob Arum wasn’t in the best of moods at today’s final press conference with Manny Pacquiao and WBO welterweight champion in talking about their fight on Saturday night at the MGM Grand in Las Vegas, Nevada. Arum wasn’t pleased that Floyd Mayweather Jr’s picture is posted outside on the huge walls of the MGM Grand despite that fight being a month away on May 3rd.
Arum’s two fighters Pacquiao and Bradley didn’t have their pictures posted outside the large hotel, and that seemed to bother Arum.
Arum feels that the MGM Grand is making a mistake in having Mayweather’s stuff outside the building when his May 3rd fight against WBA welterweight champion Marcos Maidana is considered to be a 12 to 1 fight with Mayweather having huge odds on him to win.
Arum said this at today’s press conference in Las Vegas: “Why don’t you ask the guy whose picture is up all over building when he’s going to fight somebody real?” In the Venetian (in Macao) they wouldn’t make a mistake like this. They knew what fight was scheduled in three or four days and they wouldn’t have a 12:1 fight all over the building that’s going to take place three weeks from next Saturday. But, that’s why one company makes a billion dollars a quarter and the other hustles to pay its debt. There it is. Say it like it is.”
Arum obviously wanted the MGM Grand to have the Mayweather-Maidana images off the side of the MGM Grand the week of his important fight between Pacquiao and Bradley. It’s understandable why Arum would be upset about this.
The MGM Grand are hoping to keep Mayweather fighting in their hotel for the remainder of his career, as he brings in a ton of guests due to his huge popularity. Mayweather has fought all of his fights at the MGM Grand since 2007 when he fought Oscar De La Hoya there.
Recently, there has been a lot of interest from venues in New York to have Mayweather fight over there, and they’re willing to make it profitable for him do so by offsetting the money that Mayweather would be losing from the state taxes taken out of his earnings from New York. Mayweather likes to fight in Nevada because it’s one of the few states in the U.S where there isn’t a state tax taken out, so he winds up saving a lot of money in taxes by fighting over there.
Arum might not be seeing the big picture for why the MGM Grand has Mayweather’s pictures outside of their hotel. It’s worth it for the MGM to have Mayweather’s pictures there right now because there’s competition with sites in New York for him. There’s less of a need to try and play nice with Arum and Pacquiao, because Arum likes to have Pacquiao fight in different locations pretty much every time he fights.
Sometimes the venues Arum picks winds up backfiring on him and Pacquiao with less people being interested in traveling there. We saw that recently when Arum staged Pacquiao’s fight last November in Macao, China. The pay-per-view numbers for that fight were the lowest numbers that Pacquiao has brought in since before his fight against Oscar De La Hoya in 2008.