Oh, happy man (pic Mr Will)
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At the post-fight press conference for Manny Pacquiao's crushing three round win over hero Erik Morales, a beaming Bob Arum announced that the victor has signed a four-year promotional deal with his company, Top Rank.
Arum said: "Top Rank is pleased to announce that Top Rank and MP Promotions have signed a contract to promote Manny Pacquiao's fights for the next four years."
This all came as something of a surprise, as Arum's bitter rival Oscar De La Hoya had previously trumpeted a $multi-million deal with 'the Pac-Man'. However, Arum said that the contract for the third Morales fight stopped Pacquiao from signing any deal with any promoter until after the fight, rendering the Golden Boy Promotions contract void.
He said: "Manny was under contract not to sign with any other promoter. His lawyers advised him after he signed with Golden Boy. And, he has since renounced the Golden Boy signing and given back the money (for the signing on bonus)."
Arum said he expects litigation.
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