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Top Rank's Arum Blasts MGM Grand For Promoting Mayweather Over Pacquiao
Published April 10, 2014
ONE-TWO PUNCH: In L.A. Bill Dwyre writes Arum is Don King "with a college degree and a logical flow to his bombast." When there is "controversy in his sport, he is a moth to flame." Arum "ripped the MGM, pouring salt in the wound by comparing it, obviously unfavorably, to Las Vegas Strip hotel competitor the Venetian, which is 'making $500 million a quarter.'" That jab was "more tactical than random." The Venetian is "owned by Sheldon Adelson, Arum's current business partner in his quest to increase his Top Rank Promotions revenue by holding fights in Adelson's Venetian Macao casino" (L.A. TIMES, 4/10). Arum said that MGM Resorts Int'l Chair & CEO Jim Murren "apologized to Top Rank president Todd duBoef." Arum added that MGM Resorts President & CMO Bill Hornbuckle "made similar apologies to duBoef." However, Arum said "there has been an internal battle going on over there" at the MGM. He added that Sturm "made the decision on his own to put the advertising for the Mayweather fight up prominently inside the casino." YAHOO SPORTS' Kevin Iole noted that is "extremely rarely done in boxing in Las Vegas, where a casino would advertise a future fight while a current one is going on, because promoters have dramatically different sponsors and corporate partners." Arum said that he "isn't concerned that he'll be blackballed from doing fights at the MGM" (SPORTS.YAHOO.com, 4/9).