Top Rank and Golden Boy reach settlement, Pacquiao-Barrera II October 6

29/06/2007

Top Rank and Golden Boy reach settlement, Pacquiao-Barrera II October 6

LOS ANGELES (June 29) -- Golden Boy Promotions and Top Rank have reached a settlement of the various legal disputes including that pertaining to Manny Pacquiao.  Bouts between Manny Pacquiao and marquee fighters under contract to Golden Boy will be co-promoted by Golden Boy and Top Rank. Fights between Manny Pacquiao against fighters other than Golden Boy fighters will be promoted by Top Rank with Golden Boy retaining a promotional interest.  The first fight which will be presented under this arrangement will be Manny Pacquiao vs. Marco Antonio Barrera on October 6, 2007 at Mandalay Bay Hotel and Casino in Las Vegas.  Richard Schaefer, CEO of Golden Boy, and Bob Arum, CEO of Top Rank, both agreed that the settlement will be great for boxing as Top Rank fighters will be taking on Golden Boy fighters in the months and years ahead.

All other details of the settlement are confidential.