It appears that the Manny Pacquiao and Floyd Mayweather dream fight is on the verge of being made official.
Yahoo Sports is reporting that Manny Pacquaio has agreed to the fight that will take place on May 2 and that he has signed off on his portion of the terms. Citing promoter Bob Arum as their source, Yahoo reports that the only hurdle left to clear is ensuring that Mayweather finds the terms acceptable.
With that said, Arum has said that Mayweather’s reps have agreed to the deal in principle but are awaiting official confirmation from the fighter.
Another Yahoo source has admitted to the site that not only have the sides agreed for the fight to be May 2 at the MGM, but also on a 60/40 purse split that would favor Mayweather. Mayweather could make in the range of $120 million. An MGM spokesman told Yahoo Sports that there was no deal for the fight to be held at the Grand Garden as far as he is aware.
In order to pay the astronomical salaries the fighters will command, ticket prices will be scaled at an all-time high. The most expensive ticket at the MGM Grand Garden is expected to go for $5,000 so that the arena can be scaled to produce a $40 million live gate.
