News hit the media this weekend that negotiations for the Manny Pacquiao vs Floyd Mayweather fight have gone very well. Pacquiao promoter Bob Arum and Floyd Mayweather representative, Golden Boy's Richard Schaefer sat down together to try to iron out details for a Pacman-Money blockbuster.
Along with the purse for each fighter, the promoters have to find a venue for this megafight to take place. Word is that Dallas, Las Vegas and New York are the front runners.
New York would like the fight at the new Yankee Stadium. Experts believe the tax situation for that venue will keep New York from hosting the fight. Las Vegas would like to keep their name synonymous with big fights, but Dallas has the new Cowboys stadium and currently seems the best bet to get the event.
The real surprise is the lack of a surprise. That is that negotiations are going so well. The promoters think that the fight could have an $80 million purse attached to it. It would be hard to imagine either fighter turning down $40 million dollars.
The negotiations probably went this smoothly, Richard, "we're all going to be rich". Arum probably responded,"you mean we're going to be richer, see you on the press tour".
There is no way that this fight will not get done when you are talking about that kind of payday. It would seem that the only thing left up in the air would be the date. With Manny coming off of his big win against Miguel Cotto and Mayweather having beat Juan Manuel Marquez in September, it would appear a May date would be likely.
I have talked to people that don't follow boxing that have said that this is a fight they will buy. So will all the casual fans make this fight see $90 million or even, $100 million? The possibility would seem to be there for that to happen.
$80 million dollars. Man, I am in the wrong bussiness.
Source: examiner.com
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