Pacquiao and Morales fought for a third time (with the series tied 1-all) on November 18, 2006. Witnessed by a near-record crowd of 18,276, the match saw Pacquiao defeating Morales via a third-round knockout at the Thomas & Mack Center in Las Vegas.
After the Pacquiao-Morales rematch, Bob Arum, Pacquiao's main promoter, announced that Manny returned his signing bonus check back to Golden Boy Promotions, signaling intentions to stay with Top Rank. This resulted in GBP's decision to sue the famed fighter over contractual breaches.[10]
At the end of 2006, he was named by both HBO and Ring Magazine as the "Fighter of the Year", with HBO also naming him as the most exciting fighter of the year.
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