Boxing News 2014: Freddie Roach Accuses Juan Manuel Marquez of Using Steroids, Slams Mexican Boxer for $20 M Asking Purse for Rematch 4

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By Vittorio Hernandez | July 16, 2014 10:07 PM EST

The apparent reason why Top Rank offered WBO junior welterweight champion Chris Algieri $1.5 million to fight eight-division title holder Manny Pacquiao on Nov 22 at Macau is because the 30-year-old boxer's guaranteed purse is considerably lesser than what Mexican boxer Juan Manuel Marquez is reportedly asking.


Manny Pacquiao of the Philippines watches as Juan Manuel Marquez of Mexico is knocked down in the fifth round of their welterweight fight at the MGM Grand Garden Arena in Las Vegas, Nevada December 8, 2012.[REUTERS/STEVE MARCUS]

Sweet Science.com claimed that Marquez is asking for a $20 million guaranteed purse, but Freddie Roach, the coach of Pacquiao, found the amount too large and believes that a more reasonable amount is $10 million for a fourth rematch.

But Top Rank Promotions boss Arum debunked the report, saying that El Dinamita hasn't mentioned any amount involved because their New York meeting over the weekend didn't push through because of a death in Marquez's family.

"Ihaven't talked at all with Marquez. That's just made up nonsense and they're negotiating on the Internet," Arum said.

Kdramastars.com also said Roach had accused Marquez of using steroids in his previous fights, linking his higher asking price to medical expenses.

Algieri, in turn, also found the $1.5 million offer too low - even if his previous bout against Ruslan Provodnikov had a guaranteed purse of only $100,000 - which explains why Pacquiao's camp gave him a deadline to reply or risk losing the 7-digit offer.

Read:

Boxing News 2014: Pacquiao Camp Losing Patience Over Algieri's Reply, At Risk of Losing 7-Digit Guaranteed Purse

Boxing News 2014: Web Site Criticises Pacquiao's Selection of Algieri as Nov 22 Opponent, Calls Filipino Champ 'Cherry Picker'

Boxing News 2014: Manny Pacquiao Camp Offers Slot to Chris Algieri for Nov 22 Macau Fight

Boxing News 2014: Expert Says Pacquiao Will Beat Whoever He Fights in 2015

Boxing News 2014: Mayweather Expects $70 Million Purse from May 3 1st Bout With Maidana

Boxing News 2014: Mayweather Ditches Barclays Center in Favour of MGM Grand, Golden Boy Is Still Promoter of Sept 13 Rematch With Maidana

Boxing News 2014; Like Pacquiao, Mayweather Could Be Hit by IRS If He Pushes With New York Licence for Maidana Rematch

Boxing News 2014: Mayweather's Sept 13 Bout vs Maidana Possibly to be Held in New York

Boxing News 2014: Mayweather Goes for a Rematch With Maidana on Sept 13

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(Photo: / )
Manny Pacquiao of the Philippines watches as Juan Manuel Marquez of Mexico is knocked down in the fifth round of their welterweight fight at the MGM Grand Garden Arena in Las Vegas, Nevada December 8, 2012.[REUTERS/STEVE MARCUS]
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