Manny Pacquiao and his promoter Top Rank have agreed to the terms of the $300 million mega-fight with Mayweather.
Pacman formalized his concurrence by signing the fight agreement ahead of Money in an attempt to put more pressure on the pound-for-pound king to finally agree to the fight.
Under the fight agreement, Pacquiao will be getting 40% of the fight purse. The Filipino boxing icon also agreed to the mandatory drug testing stipulated in the fight contract, reports the Daily Record.
The fight will happen at the MGM Grand in Las Vegas, Nevada on May 2, 2015.
To sign or not to sign
As it has always been in the world’s most anticipated boxing bout, the ball is now in the hands of Mayweather and his camp, which have yet to make any public announcement about their intention of whether agreeing to or not on the fight.
Despite the concurrence of Pacquiao and putting pen on the paper, many boxing aficionados and commentators in Las Vegas and the world over expressed pessimism over the fight, especially in light of recent news that Mayweather was having second thoughts and is quite worried that his perfect ring record might finally be tainted.
The reluctance of Mayweather to fight Pacquiao was even justified by former world heavyweight boxing champion Evander Holyfield a few days ago when he explained that Money has everything to lose on the bout, while the Pacman has everything to gain.
Waiting Amir Khan
Amir Khan, who even gave Floyd Mayweather Jr. an ultimatum to agree to fight him this week or he would finally decide on fighting someone else, is also quite sure that the mega-fight between Money and Pacquiao would not happen.
He explained that the same thing happened to him with Mayweather in 2013. He agreed to the terms of the fight, signed the agreement, only to be shun away by Floyd Jr. and fight Marcos Maidana instead, not just once, but twice, the last being on September 2014.
Mayweather has yet to make an official statement about his decision and the last word from Floyd Jr. is through his Instagram social media account in the first few days of January 2015. The pound-for-pound king flaunted on social media his wealth by posting pictures of his private jet, his $7.6 billion fleet of luxury cars, and tons of cash too.
Floyd Jr. carries a 47-0 professional ring record, with 26 of them coming by knockouts. He was the highest paid sports athlete in 2014 and has reportedly piled fight earnings of $100 million last year alone.
Should he agree to the mega-fight with Pacquiao, he is guaranteed to make at least $180 million including pay-per-view buys. If that still does not convince Mayweather, nothing or nobody ever will, boxing analysts believe.