Pacquiao Marquez I
Six months after the fight with Barrera, Pacquiao went on to challenge Juan Manuel Márquez, who at the time held both the World Boxing Association (WBA) and International Boxing Federation (IBF) Featherweight World Titles. The fight took place at the MGM Grand Las Vegas, on May 8, 2004, and after twelve rounds the bout was scored a draw, which proved to be a controversial decision that outraged both camps.
In the first round, Márquez was caught cold, as he was knocked down three times by Pacquiao. However, Márquez showed great heart to recover from the early knockdowns, and went on to win the majority of rounds thereafter. This was largely due to Márquez's counterpunch style, which he managed to effectively utilize against the aggressive style of Pacquiao. At the end of a very close fight, the final scores were 115–110 for Márquez, 115–110 for Pacquiao, and 113–113.One of the judges (who scored the bout 113–113) later admitted to making an error on the scorecards, because he had scored the first round as "10–7" in favor of Pacquiao instead of the standard "10–6" for a three-knockdown round. In fact, the fight should be scored as split decision in favor of Pacquiao. Consequently, both parties felt they had done enough to win the fight.
Pacquiao Marquez II
On March 15, 2008, in a rematch against Juan Manuel Márquez called "Unfinished Business", Pacquiao won via split decision. The fight was held at the Mandalay Bay Resort and Casino in Las Vegas. With the victory, Pacquiao won the WBC Super Featherweight and The Ring Junior Lightweight World Titles (as well as the lineal junior lightweight title), making him the first Filipino and Asian to become a four-division world champion, a fighter who won world titles in four different weight divisions. The fight was a close hard fought battle, during which both fighters received cuts.[41] Throughout the fight Márquez landed the most punches at a higher percentage; however, the decisive factor proved to be a third-round knockdown, wherein Márquez was floored by a Pacquiao left hook.[41] At the end of the fight, the judges' scores were 115–112 for Pacquiao, 115–112 for Márquez, and 114–113 for Pacquiao.[41]
In the post-fight news conference, Márquez’s camp called for an immediate rematch. In addition, Richard Schaefer, Golden Boy Promotions CEO, offered a $6 million guarantee to Pacquiao for a rematch.[42] However, Pacquiao ruled out a third clash with Márquez, saying, "I don't think so. This business is over."[41] The reason that Pacquiao did not want a rematch was because he intended to move up to the lightweight division to challenge David Díaz, the reigning WBC Lightweight World Champion at that time.[41] Díaz won a majority decision over Ramón Montano that night as an undercard of the "Unfinished Business" fight.
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