Pacquiao earns US$25-M from Margarito bout

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Already a multi-millionaire, Filipino boxing icon Manny Pacquiao has at least another US$25 million coming for battering Mexican Antonio Margarito into submission in Texas last weekend. That is before the taxman lops off a big chunk of it. But for all intents and purposes, boxing's pound-for-pound king no longer needs to work for the rest of his life, unless he overindulges and blows it all away.

For his 12-round, 36-minute work in the ring with Margarito, Pacquiao earned an estimated $25 million, equivalent to 1.1 billion pesos. This translates to $694,000 or 30.5 million pesos per minute. Full Story...