Pacquiao Mayweather Fight One Step Closer: Would See Huge Betting Action
The much anticipated Pacquiao Mayweather fight is that much closer to becoming a reality with Manny Pacquiao agreeing to the terms of the fight Wednesday.
The May 2 date appears to be up to Floyd Mayweather, Jr. at this point.
Should the Pacquiao-Mayweather fight come to fruition, it will likely be one of the most wagered on single-day/night events this year after the Super Bowl and Kentucky Derby.
The question now is whether Mayweather will finally sign on the dotted line. The payday would be $120 million for the winner.
“Your guess is as good as mine,” Arum told The Associated Press. “I don’t want to be antagonistic and say he’s not on board and not going to sign. The representation is that he is on board with this.”
Arum said negotiations with Mayweather’s representatives over the past few weeks resulted in agreements on everything from the date and site of the fight (MGM Grand in Las Vegas) to purse split (reportedly 60-40 in Mayweather’s favor) to the type of gloves the boxers will wear.
- Dan Shapiro, Gambling911.com
