Tourism Secretary Wanda Teo said on Friday that she spoke to Manny Pacquiao recently, and that the senator and world champion boxer offered a lower cost proposal to hold a fight in Manila in November.
"Iyong napag-usapan namin is P3 billion, medyo mabigat sabi ko," Teo said during a press conference. "And the next time I saw him, he said probably P2.5 (billion)."
Teo said an amount that hefty should bring in an opponent of Floyd Mayweather of Juan Manuel Marquez's caliber.
She's setting herself up for disappointment if one went by Internet reports.
"Pag-uusapan pa namin (ni Pacquiao). Wala pang fixed," said Teo, who has been occupied the past few weeks with the Miss Universe competition. "Within the week, I will be seeing Manny to talk about the fight."
(For more sports coverage, visit the ABS-CBN Sports website.)
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