Advertisement
Advertisement

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 Adonis Stevenson-Thomas Williams: Post-Fight Report Card Frampton Must Defy Conventional Wisdom To Upset Santa Cruz Bracero on Malignaggi Bout: I'm Fighting For My Dreams, Future Jose Roman, Ruben Villa Batter Opponents at The Doubletree McGuigan: Frampton Has Been After Santa Cruz Since 2013 Canelo Smiles: I Ran From Golovkin? He's Fought NOBODY! Santa Cruz vs. Russell Much Better Fight; Both Want Selby Next Frank Warren: Frampton Left 122 With Rigondeaux Clash Marquez Has No Regrets Over Cotto Position, Retirement Near Adonis Stevenson With Vicious Knockout of Williams in Four Adonis Stevenson vs. Thomas Williams: LIVE BScene Scorecard Ruslan Provodnikov Meets With Promoter, Return is Anticipated Eleider Alvarez Beats Robbie Berridge, On Course For Stevenson Frampton’s Promoter: Santa Cruz is Carl’s Toughest Fight Yet Keith Thurman vs. Danny Garcia Potentially in Early 2017 Adonis Stevenson vs. Thomas Williams - CompuBox Review Photos/Weights: Luis Nery vs. David Sanchez in Tijuana Photos/Weights: Antonio Orozco vs. Lopez, Joseph Diaz vs. Proa Carl Frampton After the Scales: This Was Easy and I Feel Great SHO VP: Wilder vs. Joshua in Late 2017, Could Be Pay-Per-View Photos: Mikey Garcia vs. Rojas Malignaggi-Bracero Battle Ready Photos: Frampton, Santa Cruz Ready For War at Barclays Center Video: Frampton Fans in Force at Weighin For Leo Santa Cruz Antonio Gutierrez vs. Jorge Melendez, LA Fight Club on 9/2 Juan Carlos Camacho Jr. Goes Pro With Miguel Cotto Thomas Williams: TKO Loss To Gabriel Campillo Doesn’t Define Me Chisora Unlikely To Land Whyte, Trying To Get Helenius Rematch Weights From Brooklyn: Santa Cruz 125.4, Frampton 125 Frampton To Santa Cruz: I'll Be The Bigger Man on Fight Night Adrien Broner's Request For Early Release From Jail is Denied Tyson Fury To Take On UKAD Over Drug Test Results Adonis Stevenson-Thomas Williams: Pre-Fight Report Card Lara's Manager on The Possibility of Facing Gennady Golovkin Roach: Me and Pacquiao Remain in Boxing To Get Mayweather Verdejo's Manager Says Flanagan Clash Possible For November Frank Warren on Crawford: Best American in a Long Time Amir Khan: I'd Need 6 Months of MMA Training For McGregor MGM Liverpool Launches, Will Promote October Show Leo Santa Cruz Motivated To Make Frampton Taste First Defeat Dennis Ceylan vs. Ryan Walsh For Euro Crown on October 15
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement