Manny Pacquiao made incredible $12.5 million purchase using Floyd Mayweather fight gift to beat off competition

Manny Pacquiao was forced to use his status to end a bidding war and make a $12.5million investment.

Pacquiao is considered one of the most popular and talented boxers of all-time, having won world titles in eight weight classes, while leaving an incredible legacy on both sides of the ropes.

Pacquiao made a huge $12.5m offer on a luxury property

The Filipino legend fought some huge names including Ricky Hatton and Oscar De La Hoya, but none bigger than his rivalry with Floyd Mayweather which saw the pair do battle in 2015.

The event was seismic and became the highest-grossing in boxing history, with interest around the globe in seeing the pair finally doing battle.

And during that year, Pacquiao used that to his advantage, when getting himself involved in a bidding war for a huge mega-mansion in Beverly Hills, Los Angeles.

There were reportedly two other potential suitors for the plush property, which spanned over 10,000 square feet.

The asking price for the property was $12.5m, which the global superstar elected to match, and meet the terms to purchase the property.

But incredibly in order to deter the current owners from selling to other candidates, Pacquiao came up with his own incentive.

It is reported that the star offered the sellers four tickets to his titanic tussle with Mayweather, which would take place later that year.

That gesture certainly did the trick and he was able to secure the property to his delight.

Pacquiao’s realtor Elsa Nelson later confirmed what had happened, adding: “No doubt it helped.

“The sellers are great fans of boxing and of Manny, so it was a big deal.” 

Redfin

Pacquiao offered Mayweather tickets to land the 10,000 square-feet space[/caption]

Pacquiao fought and lost to Mayweather in a seismic eventAFP

The opulent pad has an incredible seven bedrooms and eight bathrooms, along with sensational views of the city.

It also possesses an incredible home cinema and swimming pool area with large outdoor spaces.

Pacquiao reportedly moved into the property and used it as a base as he geared up for his career-defining clash with Mayweather.

Unfortunately he succumbed to a defeat against his bitter rival, losing on points in an underwhelming spectacle against the talented operator.

He reportedly pocketed an incredible $120 million purse from the event, which would have seen him quickly replenish the money he splashed out on his huge investment.

The hugely successful star went on to generate in excess of $500m in total earnings from his career.

Despite losing his world title, Pacquiao went on to become a world champion, again beating Jessie Vargas in 2016.

He went on to beat Jeff Horn, Adrien Broner and Keith Thurman before his final bow came in 2021.

Pacquiao came up short in a new world title fight against Yordenis Ugas, which saw him finally hang up his gloves.

After a foray into politics in his native Phillipines, the 47-year-old has continued to generate cash by fighting in exhibitions.

He has even considered a full comeback, in a potential shot at becoming the oldest world champion against Mario Barrios but that is now on the ropes.

Pacquiao is still in great shape to this dayAFP

His most recent outing against Japanese kickboxer Rukiya Anpo was a disaster, as he was dominated by the tall and rangy opponent.

And promoter Ben Shalom believes his future now belongs outside of the ring despite the temptations to return.

He told talkSPORT.com: “I think it’s so hard for fighters, you have seen it in the Olympics.

“We’ve seen so many fighters come back, you always think back to Muhammad Ali and the damage that those last fights had on his life.

“It is very hard as a promoter to say it, but equally if you have enough money in the bank you have to protect your health.

“I think it showed in that exhibition that it really should be the end, but ultimately stranger things have happened.

“As I say fighters are addicted to that buzz and it is very hard to replace it in those final years.”