The Fight is On. Who You Got?

20 Feb, 2015

The Fight is finally on.

Floyd Mayweather Jr. will meet Manny Pacquiao on May 2 in a welterweight showdown that will be boxing’s richest fight ever. Mayweather himself announced the bout Friday after months of negotiations, posting a picture of the signed contract online.

“I promised the fans we would get this done and we did,” Mayweather said.

The long anticipated bout at the MGM Grand in Las Vegas will almost surely break every financial record, and make both boxers richer than ever. Mayweather could earn $120 million or more, while Pacquiao’s split of the purse will likely be around $80 million.

The fight, which matches boxing’s two biggest attractions of recent years, has been in the making for five years. It finally came together in recent months with both fighters putting aside past differences over various issues – including drug testing and television rights – to reach agreement.

Pacquiao was sleeping in the Philippines when the fight was announced, but his camp issued a statement saying the fans deserve the long awaited fight.

“It is an honor to be part of this historic event,” Pacquiao said. “I dedicate this fight to all the fans who willed this fight to happen and, as always, to bring glory to the Philippines and my fellow Filipinos around the world.”

“I am the best ever, TBE, and this fight will be another opportunity to showcase my skills and do what I do best, which is win,” Mayweather said in his announcement. “Manny is going to try to do what 47 before him failed to do, but he won’t be successful. He will be No. 48.”

Oddsmakers believe Mayweather will do just that, making him a 2 1/2-1 favorite in the scheduled 12-round bout. The fight is expected to do record business in Nevada’s legal sports books, with tens of millions wagered on the outcome.

As part of the agreement, Mayweather insisted on having the right to announce the bout. He also won concessions from the Pacquiao camp on who enters the ring first, what type of gloves are used, and a number of other issues, including a reported 60-40 split of the purse.

AP

Image @SportBlogNYC twitter

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