
ABS-CBN has released a statement after Filipino boxing superstar Manny Pacquiao announced through his lawyer Franklin Gacal that he was honoring his contract with Solar Entertainment Corp. to air his fights in the Philippines.
In response, ABS-CBN Broadcasting Corp. said it has a signed contract with Pacquiao for the airing of his next fights in the Philippines, but that it would respect his decision if he changes his mind.
Below is the statement by ABS-CBN:
"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," ABS-CBN Corp. said. "We respect it, wish him good luck and we wait to hear from him."