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Manny Pacquiao launches new Team Boxing League franchise with nine-figure deal
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- Manny Pacquiao launches new Team Boxing League franchise with nine-figure deal
Photo by Tayfun Coskun/Anadolu via Getty Images
Manny Pacquiao has taken another step toward life after boxing, unveiling his latest project tied to the launch of a new Team Boxing League franchise.
While still linked to a potential bout against Floyd Mayweather in Las Vegas this September, talks around the event have stalled. The two have already confirmed they want the rematch, but nothing has been set. With that in mind, Pacquiao is starting to lay down foundations for his post-fighting days.
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The former world champion is stepping into an ownership role with San Diego TJ's, who will be joining the TBL soon. He's also become a stakeholder in what's being promoted as 'the future of the sport.'
Manny Pacquiao launches new Team Boxing League franchise
Photo by Ethan Miller/Getty Images
Earlier in 2024, Pacquiao came out of retirement to fight Mario Barrios, who held the WBC title at the time. The bout ended in a draw, and while it showed Pacquiao can still compete at a high level, his days as an elite fighter appear to be behind him.
As a result, he has linked with the Team Boxing League to make a 'nine-figure commitment centred on long-term platform growth', according to a press release today. The league promises to be built on equity participation, recurring competition and global expansion.
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"This is not just about fighting anymore," Pacquiao said in a statement on Monday evening. "This is a new chapter in my life. I have accomplished everything I wanted in boxing, and now I want to build something bigger than myself.
"I truly believe this is the League of Destiny, and I want to help shape the future of boxing and create opportunities for the next generation. I'm proud to build Manny Pacquiao's San Diego TJ's and bring something special to fans around the world."
The team is also representing his native Philippines: "San Diego feels like home. The people here are like family. It's close enough that it reminds me of home."
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