The fighting congressman of the Philippines Manny Pacquiao assured boxing fans that his much-awaited fight with Floyd Mayweather, Jr. will happen when Floyd agrees to the proposed 50-50 split of shares between them.
“Siya na [lang] ang dapat mag-oo… marami kasi siyang kinakausap, marami siyang mga representatives… Tanggapin niya ‘yung 50 percent na share niya at tuloy na ‘yung laban,” the boxer-congressman told “TV Patrol” on Jan. 11.
In monetary terms, Mayweather’s share could amount to $50 to $60 million, Pacman added.
Pacquiao’s promoter Bob Arum, who’s currently in the country to discuss fight plans with the Sarangani representative, believed that the Pacquiao-Mayweather match “could happen very, very easily.”
“It could happen either at the end of May, which would give us enough time to build the outdoor arena that the fight so badly needs. Or even better it could go on June 9,” Arum Added
The said Temporary Arena in Las Vegas will help maximize gate receipts that can accommodate approximately 50,000 people enough to help generate of the needed returns for the grand fight purse. The venue is expected to be completed by the end of May.
“Be your own boss Floyd and fight at the end of May, for the economic reason of earning the extra income from the bigger stadium… the earliest this can be constructed is the end of May,” text message from Michael Koncz, Pacquiao’s adviser.
However, Arum sees an “economic problem” could be the “only reason… the fight won’t happen.”
Although “everybody agrees that the proceeds from the fight will be divided 50-50—50 [percent] to Pacquiao’s camp, and 50 to Mayweather’s camp,” Arum was quoted by GMA News Online to have said, “Mayweather has no promoter and there’s no one who can guarantee his purse, so Mayweather is looking for outside parties who will guarantee his purse.”
“Until he finds an angel, there is no fight. It’s all posturing,” he added.