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Top Rank Chief expects an out of court resolution on Pacquiao lawsuit threat

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Bob Arum, the Big Boss of Top Rank promotion is aware onthe plan of Senator Manny Pacquiao’sto file a case against him and his company over the alleged non-payment of broadcast fees in his fight with Lucas Matthysse last July.

The Top Rank Boss is confident that they can sort things out with his former fighter and friend.

In his Instagram account, The People’s Champ said that he seeks to take Top Rank to court for not giving him his share of the revenue for the live streaming of his fight with Matthysse on ESPN plus.

“Congratulations and good luck to Top Rank Boxing and ESPN on your 7-year partnership agreement,” Pacquiao wrote in the caption of a photo of him and Matthysse during their fight.

“I know both of you have been very busy finalizing the deal. However, I have not received the U.S. rights payment for my July 15 fight against Lucas Matthysse that was broadcast on ESPN plus. Therefore, I am initiating legal proceedings against Top Rank and all other parties based on the non-payment and attempt to restrict my future rights. Thank you,”Pacquiao added.

However, the caption has been taken down from the photo.

In a report by Dan Rafael of ESPN.com, Arum said they are now handling the issue with Pacquiao’s lawyer.

Arum said, ”We read the Instagram post and Top Rank lawyer Harrison Whitman has already handled it with Pacquiao’s attorney, and it looks like everything will be resolved.”

Pacquiao who knocked out Matthysse in the seventh round to become the new WBA welterweight champion in their clash last July 15 in Kuala Lumpur, Malaysia. Interestingly, it was his first fight as usinghis MP Promotions staging the event in partnership with Oscar Dela Hoya’s Golden Boy Promotions, which represents Matthysse.

While Arum’s Top Rank, handled the fight’s broadcast component in the US, Canada and Puerto Rico.

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