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Saturday, March 21, 2009

Manny Pacquiao Cancels Tie-up Contract with ABS-CBN; Kapamilya Respects Pacman's Decision

Manny Pacquiao finally put an end to the contestation made by his decision to tie-up and broadcast his upcoming fight with Ricky Hatton on May 2 with ABS-CBN and disregard current contract with Solar Sports and GMA-7.

In a statement�which was relayed through his legal counsel, Atty. Franklin Gacal on March 21, Pacquiao chose to drop the contract he recently signed with ABS-CBN to honor the "valid and binding" agreements between Solar Sports and MP Promotions.

Here's the message of Pacquiao:

"Ang inyo pong lingkod, si Manny Pacquiao, ay nais iparating sa lahat na matapos ang masusing pag-aaral at pagtimbang-timbang namin ng Solar Entertainment Corporation. Napatunayan na ang kontrata tungkol sa TV rights ng aking mga laban ay valid and binding, at hindi nilabag ninuman.

"Dahil po dito ay taos-puso akong humihingi ng paumanhin, kung kayo man ay naguluhan kung saan ipapalabas ang aking parating na laban kay Ricky Hatton.

"Ito po ay resulta lang ng hindi pagkakaintindihan sa pagitan ng Solar Entertainment Corporation at MP Promotions.

"Sana ay maunawaan ng lahat, at umaasa po ako sa walang tigil niyong pagsuporta at dasal sa lahat ng aking laban.

"Simula sa araw na ito ay nais kong mag-concentrate nang husto na lang sa aking training para sa aking darating na laban ngayong Mayo Dos.

"Maraming salamat at mabuhay po kayong lahat."

Meanwhile, despite the earlier announcements and teaser plugs which were aired, ABS-CBN "respects" Manny's decision.

Here is ABS-CBN's statement relayed the station's Corporate Communications head Bong Osorio:

"Manny Pacquiao approached ABS-CBN to be his media partner in airing his next fights. We thank you him for trusting us.

"He signed a contract with us, but we will not stand in the way if he decides to change his mind. We respect it, wish him good luck and we wait to hear from him."

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