Originally written on BlackSportsOnline  |  Last updated 12/9/14
It is a little more complicated than Bob Arum is letting on (read how Manny Pacquiao blew $200 million), but one of the reasons that Manny maybe low on funds is that he does give money away so freely. Arum expands on that to USA Today. Is Pacquiao broke or close to it?  “Manny will always be in a situation where he doesn’t save what he earns. He still is in (typhoon-ravaged Tacloban), giving out food and money from his own pocket to victims from the purse of his last fight. He has a big home in the best area in the Philippines, millions of dollars in property and millions of dollars in assets. But does he have (what) he should have if he prudently saved his money instead of giving it away? No. But what am I going to tell him? Don’t give your money to charity? Don’t reach out to help your fellow Filipinos? How can I tell him that?” Does he have to keep fighting?  ”If he wants to keep giving away money to charity, of course he does. How else is he going to generate that kind of money? If he stopped giving money to charity and lived off his assets, he could live a very comfortable, affluent life. But he can’t, giving $5-10 million dollars a year away to charity.” Manny is what we called when I was growing up “Hammer Broke”.  MC Hammer blew a lot of money, had to file bankruptcy, but he still had more money than the average American.  Manny isn’t struggling, but does he have enough money to sustain himself for the rest of his life considering his lifestyle?  Probably not and that is why he has to keep fighting.
PLAYERS: Bob ArumManny Pacquiao

Jon Lester to sign six-year, $155 million deal with Cubs

Report: Clemson QB to have knee surgery, miss bowl

Report: Duke coach turned down Michigan job

Lakers latest to wear 'I can't breathe' shirts

Report: Saints benching former first-round pick Kenny Vaccaro

Magic Johnson wants Lakers to lose for high draft pick


White Sox load up, look interesting, remain nimble

Jerry Jones: I'm for two more playoff teams right now

Cubs acquire Miguel Montero from Diamondbacks

Cam Newton suffers two lower back fractures in car accident

Report: Pirates re-sign Francisco Liriano to 3-year deal

Mark Jackson calls out Warriors owner during Sunday sermon

WATCH: Robin Lopez continues feud with Pistons mascot

WATCH: Tony Allen does funny dance during game

Gronk was worried career was over after knee injury

Police want to interview Floyd about murder-suicide

WATCH: Lane Kiffin cracks Nick Saban height joke

Johnny Manziel got huge money cake for his birthday

Report: Clowney to miss nine months after knee surgery

NFC playoff picture, Week 15: 49ers drop from contention

Sean Payton calls more than 10 players in for ‘review’

Woodson wants Jim Harbaugh to coach Michigan over Raiders

MLS Cup sees over 50%increase in viewership from 2013

Glazer: ESPN are ‘lying bastards’ over stealing Manziel report

Boxing News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.

Gronk worried for career after injury

Lester chooses to sign with Cubs

Police want to interview Floyd

Duke coach turned down Michigan?

Lakers wear 'I can't breathe' shirts

Manziel gets money birthday cake

Clowney out 9 months after surgery

White Sox load up, look interesting, remain nimble

NFC playoff picture, Week 15: 49ers drop from contention

Glazer rips ESPN over Manziel report

Cam Newton involved in accident

Report: Manziel to start for Browns

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.