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Manny Pacquiao’s millions; Luisito Espinosa’s lost purse

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COLMA, California—In this tiny town where the dead outnumber the living, it seems like the only place alive is a casino on Hillside Boulevard.

Lucky Chances Casino also happens to be the first Filipino-owned gambling establishment in the United States. The proprietor, self-made millionaire Rene Medina, hails from Arayat, Pampanga.

The casino is across a huge Jewish cemetery—among the 17 or so memorial parks in a 2.2 square-mile community founded as a necropolis in the roaring 20s. That was when San Francisco to the north, then in the midst of a land boom, banned human burial grounds within city limits.

Colma’s population underground of over a million, outnumbers above-ground residents of about 1,800, according to the 2010 US census. Among those buried here—baseball great Joe DiMaggio, newspaper tycoon William Randolph Hearst, jeans magnate Levi Strauss and Wild West lawman Wyatt Earp.

After a city tour of San Francisco we haven’t done in years, my wife and I spent the night in the Filipino enclave of Daly City, Colma’s northern peninsular neighbor. The next morning, we drove to the Lucky Chances café frequented by
Filipinos for its hearty $8.95 tapsilog. The plan was to see an old friend for a chat and a quick breakfast.

But Luisito Espinosa was off from work that day, scuttling our desire to catch up with the guy called “Lindol” in the ring. His career effectively over, Luisito works both as Medina’s goodwill ambassador to casino goers aware of his boxing past, and a carpet cleaner at the casino.

Espinosa was the Manny Pacquiao of yesterday. Filipino pride was bottomless when he ruled both the world bantamweight and featherweight boxing classes.

But Luisito fell on hard times as a result of domestic turmoil and managerial missteps. Even a $150,000 prize from a world featherweight championship bout Espinosa won against Argentina’s Carlos Rios 15 years ago is still owed him by absconding, shameless promoters.

Luisito’s lost purse comes to mind again amid news of million-dollar deals involving Pacquiao and Filipino descendant Tim Lincecum.

It’s been widely reported that Manny wants $28 million guaranteed to face Juan Manuel Marquez again. If Manny’s fourth fight versus a dangerous guy happens and goes the distance again, that’s roughly $2.3 million per round for the Pacman, the highest paid Filipino athlete. Manny’s take would be mind-blowing for an abbreviated bout.

Meanwhile, Lincecum wants to be paid $21.5 million to throw a baseball for the San Francisco Giants next season. The Giants management said that it felt $17 million was more than a fair figure for the two-time Cy Young Award winner for a year.

Lincecum, a member of the Asis family of immigrants from Mindanao, made $13 million in 2011. Tim’s money pitch shatters the figures requested by Derek Jeter ($18.5 million) and the New York Yankees ($14.25 million) in 2001.

***
Some of our media friends in Baguio City are leading the fight to oppose SM City Baguio’s plan to remove about 200 pine trees on Luneta Hill for a seven-story parking structure. Is the removal of the trees fait accompli long before a huge public protest this week? There’s a quote from naturalist John Muir about his dislike for those who uproot trees without rhyme or reason: “God has cared for these trees, saved them from drought, disease and a thousand tempests and floods. But he cannot save them from fools.”

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Tags: Boxing , Luisito Espinosa , Manny Pacquiao , Sports

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  • http://profile.yahoo.com/BIOIJIZKQS6VCPKM5QXMT6OH2U heric

    hindi naman yata maganda na i compare ang nangyari kay espinosa sa nangyari kay pacquiao,typical pinoy mentality na mahilig mag compare sa buhay ng iba.pwedeng hindi mayaman si espinosa compare kay pacquiao pero ang importante kung saan ka masaya sa buhay mo,eh ano ngayon kung ang trabajo ni espinosa ay sa casino ano naman masama doon?this writter needs a lecture in gmrc kung ang topic mo si espinosa doon na lang sana kay espinosa hindi na nag compare kay pacquiao kasi hindi maganda.

  • Anonymous

    Havent read an article so disjointed since the “Gargoyles of Christmas” hit manila bulletin years ago. Holy crap hahaha

  • Anonymous

    for this article to land the front page of this newspaper is beyond my understanding! the title of the article does not match the pointless content!

  • Anonymous

    i hope pacquiao avoids saying his fight is “para sa bayan.”  nakakasuka na yang dialog na yan ha pacman. wala nang ka-ipokritohan ha. just say para sa aking bulsa o kay jinkee, mas acceptable yun.

  • http://pulse.yahoo.com/_PBOZBBLRVEOTWHXEXOAXJR3Q3Y Dana

    My heart belong to Manny Paquiao.  But of all the boxers it is Floyd Mayweather who is the smartest when it comes to making the most money in boxing for himself.  You agree?

    • Anonymous

      huh, how can you even say that? Floyd did not get any major commercial sponsors ever because if his negative image as being a loudmouth, hot head and female abuser.  Manny got millions of global commercial endorsers and respect from top celebrities like Bekham, Obama, etc.  How can you even compare Floyd’s accomplishments to Manny?  Floyd is just a boxer while Manny is a phenomenon.

  • http://pulse.yahoo.com/_HYXNYVTTB3FVKIW4HYBYYTW6K4 Bobot

    What’s the author trying to say in this pointless article? He is merely pointing out the financial differences between 3 athletes who happen to be of Filipino descent. I get that Luisito Espinosa was royally screwed by the people he entrusted to handle is finances. But he needs to also research and report how Espinosa spent his money and who he hired to control his financials. Same thing will happen to Manny Pacquiao if he continues to “trust” all his friends, especially with handling his money. I also get the feeling that just because one is Filipino or of Filipino descent that they are obligated to support or give money to less fortunate countrymen. I have no problem with giving to charity or helping a friend in need but Tim Lincecum or Manny Pacquiao has no obligation to give money to Espinosa or any other Filipino just because they are one themselves.

    • Anonymous

      I agree completely. I don’t get the connection between Manny, Luisito and Tim or understand where the author was trying to go with it. I get that all three are Filipino athletes but is he somehow saying that Luisito is responsible for the other two’s success? If so, I don’t agree. Manny & Tim’s respective talents would still make them the athletic stars they are today, regardless if Luisito was a previous Filipino talent.

      A shame too since the article started so promising, highlighting Colma with interesting facts but then fell flat.

  • http://pulse.yahoo.com/_RI7ILMRYHRZTT3KALVSPXB5TKQ Toling

    Lindol…That’s reality..when you were still a star, they kept on gazing you but now no cares..But that’s life..My heart goes to you..

  • Anonymous

    I followed the career of Luisito Espinosa in the ninetees. I think he is one of the best Pilipino boxer I’ve ever seen. Somethimes I think he is more deadly than Pacman. The problem with him is he can not handle the instant fame he is experiencing that he goes happy go lucky and did not concentrate too much on training plus he was handled by greedy promoters and managers. If he just disciplined himself like Pacman, he will be better of and he will be the first Pilipino to attain wealth and fame after Elorde. Anyways, I think the Espinosa clan will produce another standout someday.

    • Anonymous

      Yes I blame too the Promoters and Manager of Espinosa, though, it happened also to Manny before but he won the case and get back on track and he got a good manager/trainor too. Too bad for Espinosa maybe he lacks faith or discipline like Manny does.

    • Anonymous

      i met luisito along with his father, deo, his wife and his trainer, in TExas.

      luisito is such a nice person, unassuming, no air. He is completely not what are saying about. i think the cause of luisito’s downfall is his wife, who is also acting as his manager.  i just had a bad feeling about the woman when i first met her.  Cheryl seemed to have full control of luisito’s career and money.  It was clear, she was really not interested on luisito’s well being. she treated him like a trash. Even my friends who was with luisito most times and helped luisito’s entourage to get around town, had have a bad impression of cheryl. i heard that when luisito suffered his first defeat in the US, his wife started taking full control of luisito’s money.  a year later she filed a divorce!

      I also had a friendly talk with Deo about luisito’s career and family life during their stay in texas. i am sure that if Deo will talk about his son’s downfall, i can almost guarantee she will blame everything on Cheryl!



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