Manny Pacquiao sued by record label for $10 million

Fresh from his win against Antonio Margarito, pound-for-pound boxing champ Manny Pacquiao is now facing a $10 million lawsuit for allegedly refusing to record 12 songs.

TMZ.com reports that RBM Group International filed the case, claiming Pacquiao signed a record deal with them last year. The company said the boxer has already deposited the $40,000 check they wrote him for the first two songs in October 2009. The record label also said they have already spent $200,000 on the deal and have lost $10 million worth of profits.

According to PEP.ph, Pacquiao has two albums under his belt: Laban Nating Lahat Ito (2006) and Pac-Man Punch (2007). He also has a single, "Lahing Pinoy," released by GMA Records.

Watch Manny Pacquiao sing "Imagine" with Will Ferrell on Jimmy Kimmel Live!

For more on this story, log on to TMZ.com and PEP.ph.

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