Manny ready to sign $200 million fight, Arum says

Manny Pacquiao has agreed to all terms to fight Floyd Mayweather on May 2, says a report in Super Sport.

Pacquiao’s promoter Bob Arum reportedly told Kevin Iole of Yahoo Sports that a deal is on the table for a fight between Floyd Mayweather and Manny Pacquiao on May 2 in Las Vegas, as far as the people’s champ is concerned.

It was disclosed that  negotiations with Mayweather’s representatives had taken place to which Pacman gave his OK to all the terms. If the much-awaited bout happens, Pacquiao and Mayweather Jr. could very well be the richest fight in boxing history — as $200 million looms; $120 for the latter and $80 for the Pacman.

But then again, the undefeated pound-for-pound king Mayweather has yet to ink the contract, and so far, he hasn’t given any indication that he’s eager to give everyone their dream fight.

After Pacquiao’s flight to Los Angeles on Wednesday for a meeting with Miss Universe contestants, his followers are left speculating whether he’ll be back with a signed contract confirming that big fight with Mayweather which has been clamored for by boxing fans for half a decade now.

As to the chances that Mayweather will sign, Arum plays safe with his answer: “Your guess is as good as mine. I don’t want to be antagonistic and say he’s not on board and not going to sign.”

As released on Super Sports, Arum had reportedly said negotiations with Mayweather’s representatives over the past few weeks had resulted in agreements on everything — from the date and the venue, the MGM Grand in Las Vegas, to purse split and to the type of gloves the boxers would wear, and that they’re just waiting for Mayweather to sign a document.

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Mayweather expressed last month that he wanted the fight, but of course, nothing is definite until both parties have inked their approval. With Pacquiao publicly confirming he wants that fight to happen and have agreed to the terms, the questioning spotlight now points only to the former.

As told by Arum to Yahoo Sports, “I think Manny has been very reasonable and demonstrated that he wants the fight to happen.Now, we’re waiting on Floyd. That’s not to say that Floyd has been obstinate, that Floyd won’t do it, but we’re waiting on him.”

He added, “I think it will be a terrific event. That’s what I want, and I’ve done everything in my power to make that happen.”