While the fight might be long from being announced, a boxing official with knowledge of the negotiations between Floyd Mayweather and Manny Pacquiao has stated there is, “progress.”
According to a report by the LA Times, the parties have already agreed to stage the fight at the MGM Grand Garden Arena in Las Vegas, and they’ve also agreed on a drug-testing plan. However the date and money is yet to be resolved. .
“The calendar is a factor,” the official said. It’s believed the bout is eyed for May or June.
The report states that Mayweather wanted a 60-40 split which Pacquiao has agreed to but the details are still being ironed out. Next on the agenda according to the source is the split broadcast between HBO and Showtime.
There is urgency in the negotations as per the official estimating it could get done in seven to 10 days.