I’ve never heard a similar expression as to lawyers but I suppose “collegiality” comes close.
Mark WBO president and attorney Francisco “Paco” Valcacel, whose gaudy world championship belts have just been mocked as worth “only five dollars” by acerbic attorney and promoter Bob Arum, as someone who can laugh at foolish criticism.
“I know that Manny Pacquiao wants to fight Miguel Cotto for the WBO welterweight title. I know that Manny will have a chance to make real history if he can win a seventh world title in his seventh weight division. That is meaningful and important to Manny and all his fans but apparently not to Bob.
“So why doesn’t Bob have them fight for The Ring magazine title?” Valcarcel said laughing heartily.
(Sidelight: Bay Area Bomber and Examiner Colin Seymour takes the opposite tack on the subject, preferring I guess "the man makes the belts" view. I agree with Seymour as to the Old School way of eight weight classes and one belt per division being superior but now we live in a world in which boxing has more "champs" than pro wrestling does. Meanwhile, Examiner Dennis Guillermo is not snoozing and losing in Naptown because he agrees with his favorite magilla White Gorilla (meaning me) that Arum is disregarding the emotions and desires of the great Pacquiao fan base.)
That would never happen, Pacman vying for the magazine strap as Arum is not going to have two of his star fighters battling for a title bestowed by a publication owned lock, stock and barrel by rival promoter Oscar de la Hoya.
Today’s fun fact is, of course, that Pacman would be smashing Oscar’s record of six world titles in as many divisions if he can dethrone the Puerto Rican.
Valcarcel is a social friend of Puerto Rico resident de la Hoya and the two have frequently played golf together.
I asked Paco what kind of response he’s been getting from Pacquiao’s Worldwide Army (PWA) on this hot button issue as to when and if the $150,000 per fighter sanction fees will be rendered to the Puerto Rico base WBO.
“Have I?” Valcarcel said, chuckling. “I have got 4,000 emails and we’ve gotten many phone calls at the WBO office. Many of the Manny fans are saying we favor Cotto because he’s Puerto Rican but that is not true.”
As far as Arum’s estimate of what the WBO strap is worth, Valcarcel said he is only off by $1,195.
“I would say the belt costs about $1,200,” Valcarcel said. “But, to a world champion, the value is in the history of winning the world title. I don’t think anyone would tell Miguel or Manny they have a five dollar belt, do you?”
Source: http://www.examiner.com/x-5699-NY-Boxing-Examiner~y2009m7d30-WBO-Boss-Maybe-Arum-wants-Ring-belt-for-Pacquaio (July 30, 2009)