Report: Manny Pacquiao owes IRS $18 Million

By Evan Stoumbelis

Manny Pacquiao’s financial troubles just go on and on, after numerous reports that the boxing legend had gone broke Pac Man reportedly owes the government over 18 million dollars in taxes.

This report comes by way of TMZ Sports:

TMZ Sports has obtained official documents which show the IRS claims Manny stiffed the government out of federal income taxes from 2006 to 2010 … totaling $18,313,668.79 in debt.

Here’s the yearly breakdown:

2006 — $1,160,324.30
2007 — $2,035,992.50
2008 — $2,862,437.11
2009 — $8,022,915.87
2010 — $4,231,999.01

Below is how much Pacquiao made per fight from 2006 to 2010.

$2 million – against Erik Morales (January 2006)
$1 million – against Oscar Larios (July 2006)
$3 million – against Erik Morales (November 2006)
$2 million – against Jorge Solis (April 2007)
$2 million – against Marco Antonio Barrera (October 2007)
$11 million – against Oscar De la Hoya (December 2008)
$12 million – against Ricky Hatton (May 2009)
$35 million – against Miguel Cotto (November 2009)
$35 million – against Antonio Margarito (November 2010)

So far there has been no word from Pac Man’s camp on his alleged debt.