Manny Pacquiao’s next opponent is set, as the Filipino boxing standout will defend his welterweight crown against unbeaten American Chris Algieri on Nov. 22.
Top Rank promoter Bob Arum confirmed the fight on Tuesday. The bout will take place at the Cotai Arena at the Venetian Macao in Macau, China and will air via HBO pay-per-view.
While terms of the deal were not officially disclosed, Joe DeGuardia, Algieri’s co-promoter, informed ESPN.com that his fighter will earn a purse of more than $1 million. Algieri, a junior welterweight titlist who is 20-0 with eight knockouts, earned a previous career-best payday of $100,000 for his split-decision triumph over Ruslan Provodnikov on June 14. Prior to beginning his boxing career, Algieri was an unbeaten kickboxing champion.
Pacquiao, meanwhile, signed a two-year extension with Top Rank in May. Exactly how much Pacquiao will make for his meeting with Algieri was not revealed, although he has consistently made in excess of $20 million in recent fights. Pacquiao is 56-5-2 with 38 KOs over the course of his illustrious career. He avenged a controversial 2012 loss to Timothy Bradley in April, outpointing the American on April 12 in Las Vegas.
“I think it’s an interesting fight between [Algieri] and Manny,” Arum told ESPN.com. “I’m excited. This is a college-educated kid, a good boxer and the kind of kid who will draw interest other than just the hard core boxing fan. And the kid can also fight.”