Top Rank chief executive officer Bob Arum has confirmed Manny Pacquiao’s upcoming fight with undefeated Chris Algieri for his welterweight world title in Macau, China on November 22.
Algieri (20-0, 8 knockouts) a native of Huntington, New York last fought back in June 14 defeating Ruslan Provodnikov via split decision to bag the WBO Light Welterweight title.
The 30-year-old American boxer is an unknown fighter until he upset the Russian. Algieri is reportedly college-educated, having completed a master’s degree and also works as a nutritionist. One of his promoters, Joe DeGuardia of Star Boxing, hinted that he will earn a career-high payday of at least $1 million for the fight, excluding HBO pay-per-view proceeds. This is a vast improvement from his $100,000 purse against Provodnikov.
Pacquiao (56-5-2, 38 KOs), 35, has won two fights in a row since being knocked out by Marquez in December 2012. He outpointed in November and avenged his disputed split decision loss to Timothy Bradley Jr. on April 12 to regain his welterweight world title.