Pacquiao, Solar Sports Settled Contract Issues

Contract issues between Manny “Pacman” Pacquiao and Solar Sports with GMA 7 is settled. This week, a video of Manny Pacquiao was aired in TV Patrol announcing that ABS CBN will be his new media partner in future boxing bouts including Pacquiao vs Hatton Match in May 2. He reportedly signed a contract to ABS CBN so he can return to Kapamilya Network. SNN (Showbiz News Ngayon) host Kris Aquino even said on air that Jinky Pacquiao, wife of Manny told her that Manny had long been want to come back to Kapamilya Network.

Solar Sports Entertainment earlier announced that Pacquiao had returned to its fold after a meeting between Wilson Tieng and chief operating officer Peter Chanliong and Pacquiao in Los Angeles. Meanwhile, GMA 7 and Solar Sports Entertainment had renewed their contract last week.

“Solar Entertainment Corporation, Manny Pacquiao and MP Promotions, are happy to announce that in the spirit of utmost good faith, the parties have favorably resolved their unfortunate misunderstanding. Manny and MP Promotions have agreed to honor the television rights agreement and fully comply with the terms and conditions therein,” Solar Sports Entertainment said.

“Taos puso akong humihingi ng paumanhin kung kayo man ay naguluhan kung saan ipapalabas ang aking darating na laban kay Ricky Hatton. Ito po ay resulta lang ng hindi pagkaka-intindihan sa pagitan ng Solar Entertainment Corporation at MP Promotions,” Manny Pacquiao said.

“Manny Pacquiao approached ABS-CBN to be his media partner in airing his next fights. We thank 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,” ABS CBN said.

Pacquiao’s fight with Hatton will be shown on GMA-7 and Solar Sports.

I heard that Manny Pacquiao is already thinking of his retirement in boxing and have plans of running in Congress in 2010 Election. If everything went well with Pacquiao’s political plan, ots impossible for him to return to Kapamilya Network when it comes to his future boxing fights.