News has emerged that negotiations for the Floyd Mayweather-Manny Pacquiao super fight are nearing completion, and an announcement will soon be made. Read on to learn more about this scoop.
The Floyd Mayweather, Jr. and Manny Pacquiao camps are close to concluding talks for their long-awaited bout this year, and rumor has it an official announcement will be made within seven to 10 days.
The two prominent fighters have been rumbling over terms for the last five years, taunting each other on social media (Mayweather) and issuing challenges (Pacquiao). The deal is currently in the making, and all that’s missing is putting their agreement into writing.
“We’re making progress,” an insider to the negotiations told the LA Times, as published on CBS Sports.
In fact, many of the terms both fighters have been dancing their way around in the last few years have finally been ironed out.
What’s been decided is the venue for the fight: the Las Vegas MGM Grand Garden Arena. The plan for drug and urine testing has also been established. A set date for the fight is yet to be determined, though, and the earlier touted schedule for Cinco de Mayo may not push through, if Top Rank promoter Bob Arum has his way.
“The calendar is a factor,” LA Times official Lance Pugmire said.
Pugmire also stressed there is a certain urgency hanging over negotiations to finalize the deal at the earliest time possible and get the ink down on the contract within the next 10 days.
The fight may exclusively be aired by both HBO and Showtime, since the Filipino fighter already has an existing contract with HBO, and Showtime always has first dibs on all of Mayweather’s bouts.
As undefeated pound-for-pound champ, Mayweather is seeking the lion’s share of a 60-40 split on total revenue, and Pacquiao, with his two-loss record, has already agreed to this division on the pot just to get the fight to happen. He has even challenged the Money May to donate all their winnings to charity.
The Mayweather versus Pacquiao fight is touted to be the biggest fight in history to date, and it is expected to break all pay-per-view revenue records when it happens.
Watch this report on the Mayweather-Pacquiao negotiations here:
That’s the latest news on the Mayweather-Pacquiao super fight. Stay tuned for this developing news here at Movie News Guide (MNG).
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