What happend to Manny Pacquiao?

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We all saw and heard that Manny announced his plans on going for channel 2 to cover his fight against Hatton. Now he take's it back! I'm getting confused on whether it this just what he thinks he should do or does he even consult his lawyers before he makes a statement or move. He might be hurting his career here! Engaging in this kind of confusion. What can you say about this whole confusing scenario?