Advertisement
Advertisement
Boxingscene.com

Mayweather-Pacquiao: UAE Group Up Offer To Floyd

The investment group from Abu Dhabi of the United Arab Emirates has confirmed it’s upped its already record-setting offer to Floyd Mayweather Jr. and Mayweather Promotions to fight Manny Pacquiao during the first half of 2015 to an unprecedented $120 million.

“The media has been speculating the offer has gone up $10 million to a guaranteed $120 million, and they’re right,” said M. Akbar Muhammad [who previously worked with Don King], a long-time boxing executive and one of the principals in the Abu Dhabi-based group, which plans to host the event there during the first half of 2015. 

The formal offer has been presented to Mayweather Promotions, said Muhammad.  Both Mayweather and Pacquiao have announced this month their intensions to meet in the ring during 2015.

“Mr. Mayweather has said he’ll fight Pacquiao in the spring, so the only matter that needs to be resolved is the money,” said Muhammad. 

“That said,” said Muhammad, “I defy any other offer to come anywhere close to what Mr. Mayweather and the ‘Money Team’ will net by fighting in Abu Dhabi.  It simply can’t and won’t be done.  Such is the nature of today’s international financial landscape.

“New, rich players are emerging in the world of sports, and boxing is no exception, as evidenced by this group from Abu Dhabi,” said Muhammad. 

“It’s a brave new world, and sports is embracing it,” said Muhammad.  “Mr. Mayweather can be cutting edge, a trend-setter. 

“But money’s not the only factor that makes this an historic event,” said Muhammad.  “The fight happening in Abu Dhabi makes it a truly global event.  There’s more to boxing than just Las Vegas. 

“For instance, the media tour for this event will not be just in the United States; it’ll be a worldwide tour, one which will hit major capitals and countries around the globe,” said Muhammad. 

“And because of this international stage, financial and brand opportunities outside of the ring abound for the winner of the fight,” said Muhammad.

“The $120 million is the largest payday for an individual for a single event in the history of sports,” said Muhammad.  “This dwarfs by far any amount an individual in the richest sports—
baseball, football, basketball, soccer, cricket, tennis, golf and Formula 1 racing—has ever received. 

“This is in keeping with my instructions: to do whatever it takes to make this fight happen,” said Muhammad.

But, Muhammad cautioned, that time is of the essence.  “It takes months to put on an event of this magnitude,” said Muhammad.  “It’s not just the card, it’s the concerts and tributes that comprise this week-long event.”

The event will include concerts with at least one heritage artist plus tributes to both Muhammad Ali and Zayed bin Sultan Al Nahyan, the late Emir of Abu Dhabi and the first president of the United Arab Emirates, on the 10th anniversary of his passing, said Muhammad. 

“We are committed to creating a celebration, the scope and magnitude of which has never been seen,” said Muhammad.  “We want the biggest fight ever in Abu Dhabi.”

In addition to receiving a record-setting purse, Mayweather Promotions, LLC will be the lead promoter of the event and a partner with the investment group, said Muhammad.

Muhammad added that the group desires an on-going relationship with Mayweather Promotions. 

“Future fight cards in this part of the world, regardless if Mr. Mayweather fights on them, will be done with Mayweather Promotions as the lead promoter,” said Muhammad.

Muhammad, president and chief operating officer of Akbar Productions, LLC of New Jersey, has extensive experience in all phases of boxing.  He has managed five professional world champions; guided two Olympic gold medalists; and produced world championship, internationally televised boxing cards in more than one dozen countries.

User Comments and Feedback (Register For Free To Comment) Comment by Eff Pandas on 12-25-2014

Abu Dhabi boxing offers are slightly above email offers from Nigerian princes concerning banking issues.

Comment by -Kev- on 12-25-2014

[QUOTE=LoadedWraps;15222796]There are better opponents but the casuals want this fight badly. If it does happen i cant wait to see Pac fans scurry and hide for months. Floyd walks out of a coffin and shuts out any version of Manny…

Comment by joesaiditstrue on 12-25-2014

[QUOTE=Francis M.;15222259]he used to have to have a lot of mainstream endorsements until all of the criminal activities came to light...[/QUOTE] Not true at all. Find me one company who had an endorsement deal with mayweather that dropped him

Comment by LoadedWraps on 12-24-2014

There are better opponents but the casuals want this fight badly. If it does happen i cant wait to see Pac fans scurry and hide for months. Floyd walks out of a coffin and shuts out any version of Manny…

Comment by Pony Boy on 12-24-2014

Floyd afraid of fighting outside the states. There is a huge chance he could get dropped and if the fight is close he will get robed and forced to do it again and good bye precious "O", perfect record cause…

Post a Comment - View More User Comments (134)
Top Headlines Jerwin Ancajas Batters, Stops Jamie Conlan in Sixth Round Paddy Barnes Breaks Down, Stops Eliecer Quezada Jono Carroll Claims Vacant IBF Regional Belt With TKO Win Alex Dickinson Gets Decision Win on Frampton Card in Belfast Tomasz Adamek vs. Fred Kassi - LIVE Results From Poland Zolani Tete With Brutal Knockout of Gonya in 11 Seconds! Carl Frampton vs. Horacio Garcia - Early Results From Belfast Ishe Smith: I Would Have Fought Julian Williams in Philly Giovani Santillan Picks Up Stoppage Victory in Ontario Tyron Zeuge Sidelined With Illness, Ekpo Rematch Pushed Back Julian Williams Mentally Prepared For 'Road Game' With Smith Joe Gallagher Pleads: No Callum Smith vs. Braehmer in Germany Carl Frampton: I Feel I Can Stop Any Featherweight in The World Sadam Ali: Moving Up, Fighting Legendary Cotto "a Little Scary" Parker: Joshua's Chin is a Weakness; I Can Knock Him Out! Frank Warren: I Spoke To Haymon About Santa Cruz-Frampton 3 Jerwin Ancajas - The Traveling Man is Back on The Road Felix Cash, Ted Cheeseman Added To Taylor-McCaskill Card Haye: With New Coach I Feel Better Than I Have in Many Years Wilder: I'll Talk Until Joshua Wants To Shut This American Boy Up! Igor Mikhalkin vs. Doudou Ngumbu Trilogy on December 2 Carl Frampton: This Part of My Career Could Be The Biggest Yet Anthony Dirrell: I'm Now Ready To Face Anyone With a Belt Oscar De La Hoya's Hypocrisy is All About Floyd Mayweather Anthony Dirrell Cut Badly, Beats Douglin by Technical Decision Clark Edges Dolton By Majority Decision; Karl Beats Martin Parker: I Would Not Have Problems Knocking Wilder, Joshua Out! Liam Smith Keeps Close Eye on Cotto-Ali, Open To Kell Brook Clash Klitschko Leaves The Door Open For a Ring Return in The Future Video: Ellerbe Talks UFC Doing Boxing, Mayweather Promotions Photos: Ishe Smith, Julian Williams Face To Face at Weigh-In Oscar Vasquez Hopes To Land a Major Fight in 2018 BJ Flores Sets Record Straight on Alexander Povetkin Fight Photos: Sullivan Barrera Grinds Hard - Ripped, Ready For Valera Amir Khan: I Embarrassed Myself By Making Joshua Accusation Chavez Jr. Return: Alfredo Angulo Now The Frontrunner Denis Shafikov vs. Rene Alvarado, HBO Latino, December 9 Wilder's Trainer: Deontay Wants To Be First Heavyweight at 50-0 Dejan Zlaticanin Returns on December 14, Broadway Boxing Jessie Vargas vs. Aaron Herrera Finalized - Dec. 15, PBC on FS1
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement