Manny Pacquiao (55-5-2, 38 KO’s) and Tim Bradley (31-0, 12 KO’s) have signed for their rematch on April 12th at the MGM Grand in Las Vegas, Nevada. After weeks of negotiations, Bradley and Pacquiao have signed their contracts for what their promoter Bob Arum hopes will be a successful pay-per-view card on HBO. It’s a risky rematch, because the first fight didn’t do well on PPV, but Arum doesn’t have much else to offer other than Bradley or a fight against Ruslan Provodnikov.
Pacquiao will receive $20 million for the fight, which is around the same amount he received for their previous fight in June of 2012. As for Bradley, he’ll be getting a slight bump up in pay to $6 million for the fight plus the upside from PPV. Bradley will likely make as much as $10 million if the fight does well on PPV on HBO.