Why Manny Pacquiao Purchased Diddy's $12.5 Million Party Pad

Updated on 5/2/2015 at 11:05 AM

The big fight against Floyd Mayweather Jr. isn't until tomorrow, but that didn't keep Manny Pacquiao from spending his whopping $100 million paycheck. The welterweight boxer made a winning bid on a seven bedroom, eight bath mansion in Beverly Hills, CA, listed at $12.5 million — a drop in the bucket for the multimillionaire!

Pac-Man purchased the move-in-ready, 10,000-square-foot home fully furnished, from the art and appliances to the stocked wet bar. He's reportedly pushing the sale through as quickly as possible so family from his native Philippines visiting LA for the fight can stay there.

The party pad belonged to Diddy in the late '90s and early 2000s (aka the Puffy and J Lo days) and has undergone some seriously luxe upgrades since then, including a $200,000 home theater. We can only imagine the celebration this house will host if Pacquiao knocks Mayweather out! Source: Getty/Paul Archuleta, Nelson Shelton & Associates Real Estate

The Mediterranean-style home is located in an exclusive, guard-gated community, so Pacquiao doesn't have to worry about unwanted visitors while he's preparing for the fight.

Able to accommodate more than 20 guests and loaded with high-tech options such as HD projection and surround sound, this home theater is perfect for entertaining a large family.

With its granite counters, custom cabinetry, and Viking appliances, the gourmet chef's kitchen is the perfect place to prepare big prefight meals.

Imagine the victory party Pacquiao can throw in this resort-like backyard, which comes complete with a massive pool, spa, and patios.

The kitchen opens up into an expansive entertaining area, already decorated and furnished for Pacquiao and his family.