Boxing legend Manny Pacquiao recently took a sizable financial hit after being found to have breached a contractual agreement with Paradigm Sports Management.
That verdict was reached in a Californian court earlier this week, with the jury falling 9-3 in favor of the agency, which boasts combat stars like Conor McGregor and Stephen Thompson under its umbrella.
As a result, Paradigm was awarded over $5 million, in addition to at least $2 million in attorney fees. While $1.8 million were marked as damages, the remaining $3.3 million is a repayment of an advance paid to the Filipino pugilist following the signing of the deal in 2020.
The court battle ensued after Paradigm accused Pacquiao’s team of negotiating with Al Haymon’s Premier Boxing Champions while signing for a fight against Errol Spence after signing an exclusive two-fight deal.
The former multi-weight champion has now paid the price, to the tune of over $8 million in total. And it doesn’t seem that Paradigm’s biggest client has much sympathy.
McGregor Tells Pacquaio: “Don’t Let It Happen Again”
Unsurprisingly, the usually outspoken McGregor was quick to react to the news on social media. In a brief tweet, the Irishman warned Pacquiao not to make the same mistake again.
When asked whether he’ll be looking to settle the dispute in the ring, an event that Pacquiao expected to be in the works following his signing with Paradigm, the former two-division UFC champion noted that the court already settled the matter.
While Pacquiao retired from professional boxing following a unanimous decision defeat to Yordenis Ugás, he returned to action last December in the form of an exhibition contest.
Although talk over a potential Pacquiao vs. McGregor bout has long existed, the Irishman appears to be more interested in a second dance in the squared circle with Floyd Mayweather should he look to test the boxing waters again.