FIGHT LOCATION & DATE:
Cotai Arena at the Venetian Macao in Macau – November 22nd, 2014
HOW THIS FIGHT CAME TO BE
The fight between Chris Algieri (20-0, 8 KOs) and Manny Pacquiao (56-5-2, 38 KOs) that looked like it may not happen will infact take place on November 22 in Macau. Time was running out if the bout was to take place so Algieri and his team met to hammer out the deal’s sticking points.
Pacquiao’s WBO welterweight title will be on the line. Should Algieri win, there is a clause for a rematch. Algieri will receive his first million-dollar-plus payday and the fight which will be showed on HBO will also give him piece of the PPV pie.
Algieri was on a roll following his defeat of Ruslan Provodnkiov in June – a win that put him on the Manny Pacquiao radar.
The problem then became money. Algieri was originally offered $1.5 million as well as a share of the PPV sales, but this wasn’t enough for him. This resulted in back and forth and stalling, so much so that if a deal wasn’t hammered out quickly the clock would have the final say.
Algieri was walking a fine line. If he missed out on the opportunity, it may very well not return so he had to be careful not to lose it. It wouldn’t have been ideal, but Pacquiao could have turned to Mike Alvarado or Luis Carlos Abregu. Alvarado lost his last two fights including one to Marquez and Abregu has even less of a profile than Algieri. Juan Manuel Marqeuz who is the mandatory challenger was unable to do it and then there was Provodnikov who would have been the logical and probably only contender had he not lost to Algieri.
This was indeed the fight that put Algieri on the map. He wasn’t much of a name until he upset Provodnikov. This opened doors for him, but still it was wishful thinking to think that the coffers were simply going to open up for him as a result of it. He had some leverage, but maybe not as much as he thought. He received $15,000 for a fight earlier in the year and $100,000 to take on Provodnikov so these seven figures are a massive purse for him.
Now Algieri has to deal with the hype and razzamattazz that comes with a fight of this nature. For Pacquiao, this is just another fight against some challenger and it could very well be that Algieri is overshadowed by the occasion – we will have to see and will have a fight preview closer to the time.
As far as Pacquiao goes, one can only wonder how many more fights he has in him. He is clearly slowing down and after having two fights in 2012 had just one in 2013 followed by one so far in 2014. Aged 35, even if he continues to flight like others fighting into their 40s have, how many more fights does he have?
Whatever happens, it promises to be an exciting November night in Macau.