By Edward Chaykovsky
Franklin ‘Jeng’ Gacal, a legal adviser to eight division world champion Manny Pacquiao, is urging promoter Bob Arum of Top Rank to free the Filipino star from his promotional contract - so that Pacquiao can move forward and face Floyd Mayweather Jr. in what is certainly the biggest fight in boxing.
In several recent interviews, Mayweather stated that he refused to make any fight with Pacquiao as long as Arum was involved. Pacquiao's contract with Top Rank expires at the end of the year.
Arum will attempt to resign Pacquiao at the end of the year, but Gacal would rather see the veteran promoter let his superstar go, so Pacquiao could secure the fight he's wanted for several years.
“History is waiting and Bob should free Manny. That would be Bob’s greatest contribution to boxing history,” Gacal said in an exclusive interview with Edwin Espejo of the Asian Correspondent. "[If] that is Floyd’s condition and if Manny agrees – and it looks like Manny will agree to fight Floyd, the only way is not to renew his contract with Bob Arum’s Top Rank. Manny should be a freelancer for the fight to happen."
The other option, said Gacal, is for Arum and Top Rank to get paid a step-aside fee in order for Pacquiao and Mayweather to fight.
“Floyd could agree to Manny hiring Bob on a contractual basis with a fixed fee,” Gacal explained.
Pacquiao is set to return to the ring on April 12th at the MGM Grand in Las Vegas, while Mayweather is set to return to the same venue on May 3rd.