Mr. Pacquiao earned $160 million, which most of it also came from his fight with Mayweather in May. The two boxers signed a contract to finalize their pay, regardless of who won the fight. Mayweather received 60 percent of the revenue and Pacquiao will get 40 percent. But Pacquiao agreed to a second billing in promotional materials and a lower percentage of the payout, according to the New York Times.
Pacquiao had been fighting with both the IRS and the Philippines over owing money to both American and Filipino governments. In August 2014, the boxer was victorious against the Philippines after the country’s Supreme Court ruled that he did not have to post a cash bond of about $75.2 million, according to Agence France-Presse. The dispute arose from an initial assessment from the government that Pacquiao owed unpaid taxes for 2008 and 2009.
