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Tag: $250 Million

  • Manny Pacquiao Vs. Floyd Mayweather: Will $250 Million Be Enough To Make This Fight Happen?

    The terms have been set, Manny Pacquiao’s fans are all riled up, and the budget has been finalized, but the boxing deal won’t be complete without Floyd Mayweather’s signature.

    The match is set to be worth $250 million, making it the most expensive bout in boxing history. A report from The Sunday Telegraph said that Pacquiao has completed his contractual agreements over the weekend, making his side of the deal 100% complete. We wish the same could be said for Mayweather’s camp who is still set to review the contract before signing it down. After the deal had been signed, the rest of the world would have to wait for the upcoming event.

    Pacquiao is currently in the Philippines and has started training in General Santos City to prepare for his next fight. Mayweather spent his Valentine’s Day weekend in New York, shopping for jewelry that’s reported to cost more than a hundred thousand dollars. Reporters were expecting Mayweather to announce the fight during the NBA All-Star Weekend, but it appears that people will have to wait just a little bit longer for the final announcement.

    The two boxers met face-to-face last month after attending a Miami Heat game. Mayweather went up to Pacquiao’s hotel suite and the two discussed the possibility of giving their fans the boxing match that they’ve been craving for. The fight is expected to go down this May at the MGM Garden Arena in Las Vegas.

    Fans of the two boxers have been waiting for the fight that’s been years in the making. Mayweather previously said that he will beat Pacquiao during their match. “I know that he’s not on my level,” the outspoken boxer said. Meanwhile, the Filipino boxer is confident that he can bring the American boxer down. “I can easily beat @FloydMayweather, I believe that,” Pacquiao tweeted.

     

  • Kentucky College Receives $250 Million

    Ranked as one of the top 20 largest donations in U.S. history to a college or university was a 250 million dollar donation. It was awarded to Centre College in Danville, Kentucky. The gift was received from the A. Eugene Brockman Charitable Trust.

    Centre College located in a small picturesque town in Kentucky is ranked 52nd nationally among liberal arts colleges in last year’s ratings from U.S. News & World Report., and is ranked fifth in best undergraduate teaching and alumni giving. It also boasts an impressive resume which includes two Vice Presidents and two U.S. Supreme Court Justices.

    The all-stock donation will be used for scholarships for majors such as economics, computational sciences and natural sciences. John A. Roush, Centre College President said the gift, which comes in the form of stock in Universal Computer Systems Holding Inc., represents a “fundamental transformation” in the school’s ability to support students demonstrating leadership potential.

    A total of 40 new Brockman Scholarship will be awarded starting in the fall of 2014. Each year students majoring in economics and in the natural land computational sciences will be eligible for these scholarships. The merit based scholarships will cover tuition, room and board and fees. Also awarded will be monies to study abroad, summer research and internships.

    The Brockman Scholarship receives it’s title from Bob Brockman president and CEO of the Reynolds and Reynolds Company. He formed the charitable trust in 1981 after he witnessed the impact that the college had on his son Robert T. Brockman a Centre graduate and former chairman of the school’s board of trustees.