The ball is now in Floyd Mayweather’s court. Not long after their meeting in Miami, a source close to Manny Pacquiao has confirmed that the Filipino boxer has agreed on the terms for the highly-anticipated fight against Floyd Mayweather at the MGM Grand in Las Vegas. Pacquiao has signed all the documents necessary to make the most expensive fight in boxing history finally happen.
“Manny has 100 per cent signed his side of the deal,” the source said. “It is now over to Mayweather to close the deal and announce the fight.”
The terms of the $250 million-dollar fight ensure Mayweather 60% and Pacquiao 40% of the total revenue generated from the fight. Mayweather has been in New York City for All-Star Weekend and is likely to announce the contest in the coming days. It would be a classic Floyd move to announce it during the All-Star game on Sunday.
The fight is expected to shatter all pay-ver-view records, including the all-time pay-per-view buy record set by Mayweather-Oscar De La Hoya back in 2007, which raked in $130 million. Both fighters have a lot to lose in this fight, especially Mayweather, who risks a quarter of a billion dollar pay raise and his undefeated streak of 47 wins.
Pacquaio has already begun training in the Philippines. Now we wait for Floyd’s next move.