Pacquiao-Mayweather bout closer

The proposed super fight between Manny Pacquiao and Floyd Mayweather is getting closer.

Mayweather agreed to terms for the welterweight title bout on Tuesday, multiple sources with knowledge of the negotiations told ESPN.com.

The proposed date is March 13, although there is a chance it could move to May 1, sources said. Mayweather, according to a source close to him, is OK with either date.

Pacquiao and Mayweather have fought recent bouts at catch weights. However if they complete their deal, the bout would be contested at 147 pounds, the maximum for a welterweight fight, a source said.

Top Rank's Bob Arum, who promotes Pacquiao (50-3-2, 38 KOs), was flying to the Philippines on Tuesday night to meet with Pacquiao and try to close his side of the deal.

Arum spent much of Tuesday getting open issues resolved in his negotiations with Golden Boy Promotions CEO Richard Schaefer, who represents Mayweather, sources said. Once Arum was able to do that, he left for the Philippines and is expected back on Monday.

If the HBO PPV fight happens on March 13, it would force the tentative HBO PPV fight between light heavyweights Roy Jones Jr. and Bernard Hopkins to move to another date. Hopkins and Jones both fight Wednesday and must win for their fight to go through.

The site for Pacquiao-Mayweather remains up in the air. There is interest from Dallas Cowboys owner Jerry Jones to bring the fight to his new stadium. There is also interest from venues in Las Vegas, including the MGM Grand (which has hosted several Pacquiao and Mayweather fights), and the Superdome in New Orleans in hosting a fight many believe will break the all-time record for pay-per-view buys, which is the 2.44 million units sold for Mayweather's 2007 split decision victory against Oscar De La Hoya.

The fight moved front and center with heavy public demand for it following Pacquiao's dominant 12th-round knockout of Miguel Cotto to win a welterweight title on Nov. 14. The victory gave Pacquiao a title in a record-breaking seventh weight division and 1.25 million pay-per-view units.

Mayweather (40-0, 25 KOs), who has won titles in five divisions, came out of a brief retirement in September to dominate Juan Manuel Marquez in a fight that generated 1.05 million buys.

Just a few days after Pacquiao's win over Cotto, Arum and Schaefer began negotiations.

One wrench in the talks was the date. Arum, Schaefer and HBO wanted to slot the fight on May 1. However, Pacquiao announced his candidacy for a congressional seat in the Philippines on Tuesday. With the election scheduled for May 10, it rules out a May 1 fight unless Pacquiao runs unopposed. Pacquiao lost the election for a congressional seat in 2007.

If Pacquiao-Mayweather isn't finalized, Arum has talked about matching Pacquiao with junior middleweight titlist Yuri Foreman, which would give Pacquiao an opportunity to win a title in an eighth division. Foreman defeated Daniel Santos to win a 154-pound belt on the Pacquiao-Cotto undercard.

Schaefer has talked about bringing Mayweather to England to match him with Matthew Hatton in the event Pacquiao-Mayweather isn't made. Hatton is the brother of Ricky Hatton, the former junior welterweight and welterweight titlist whom Mayweather knocked out in 2007.

Click to expand...

The much-anticipated bout between Floyd Mayweather Jr. and Manny Pacquiao is all but set for March 13, a source told Yahoo! Sports.

Mayweather has agreed to terms and promoter Bob Arum is making a trip to Manila, Philippines, to finalize a deal with Pacquiao, the source said.

Las Vegas, Dallas and New Orleans are the front-runners to host the bout, which is expected to become the highest-grossing boxing match in the sport’s history.

Pacquiao is the top pound-for-pound fighter in nearly every major ranking, including Yahoo! Sports. Mayweather is No. 2 in most rankings and was No. 1 in nearly all of the polls before he briefly retired in June 2008.

Source: yahoosports.com

Click to expand...

LAS VEGAS (AP) — Promoter Bob Arum flew Wednesday to the Philippines with a proposed contract for a March 13 fight between Manny Pacquiao and Floyd Mayweather Jr.

The contract was agreed to by Mayweather's representatives, but the boxer has yet to sign. Arum was to present the proposal to Pacquiao, but there are no guarantees he will agree.

Still, the fact Arum would make the trip to the Philippines to try and get his fighter to sign for the bout was an indication that the megafight was moving forward. It would match the two fighters regarded as the best pound-for-pound in the world in a bout at 147 pounds.

The fight was originally projected for May, but Pacquiao's candidacy for Congress in the Philippines forced promoters to move it forward to March. The Philippine national elections are in May, and Pacquiao wanted to be at home to campaign.

Promoters for both fighters had agreed to a blackout on negotiations for the bout, so no one would comment on the record. A person close to the promotion spoke on terms his identity would remain confidential.

If the fight is made, there would likely be a Jan. 11 press conference in New York to announce it. The bout could be the richest ever, assuming pay-per-view projections are accurate.

Representatives of the Superdome in New Orleans and the new Dallas Cowboys' stadium have expressed interest in hosting the fight, as has the MGM Grand hotel-casino in Las Vegas, where the fighters have fought their biggest fights. There is also a proposal for a 30,000-seat temporary stadium on the Las Vegas Strip across from the Wynn resort.

Oddsmakers are already taking bets on the fight, with most making the undefeated Mayweather a slight favorite.

Click to expand...

FPS said:

I will buy this on pay per view. I have never bought a boxing fight, but this one will be well worth it.

Click to expand...

SnipeShow21 said:

I bought the previous fight. It's so damn expensive.

Click to expand...

FPS said:

Doesnt it cost $49.99? Idk, lol. I would guess that would be the price.

Click to expand...