By Michael Marley

The trilogy fight between Manny Pacquiao and Juan Manuel Marquez is coming together for November 12 at the MGM Grand in Las Vegas, but Top Rank's CEO, Bob Arum, has yet to determine which network is picking up the fight. When the deal is actually finalized, Arum will begin discussions with Showtime and HBO.

“No, because right now, I don’t have a fight to sell,” Arum said. “We gave our second offer sheet to Marquez, he accepted it (said to be a $5 million guarantee and a $10 million rematch clause) and now Juan has set a deadline of 5PM next Monday, Mexico City time, for Golden Boy (to exercise) their matching right.”

Golden Boy Promotions, who used to promote Marquez, have the right to match Top Rank's offer with another fight. Arum says the recent comments by Golden Boy CEO Richard Schaefer, to the Los Angeles Times, regarding HBO's financial backing of a Marquez-Victor Ortiz bout - were misquotes.

 “As I understand it,” Arum said, “Mr. Schaefer told the LA Times that he was misquoted (by reporter Lance Pugmire). I hear that Mr. Schaefer demanded a retraction and said, if he didn’t get one, there may be a lawsuit. Mr. Schaefer may have spoken out of school."

In regards to Shane Mosley’s weak effort against last Saturday at the MGM Grand in Las Begas, Arum said he thinks opponents are deceived by Pacman’s punching power until they actually taste it.

“Shane Mosley told me it wasn’t so much Manny’s speed as his power that affected him. Mosley and others can’t believe a guy so small can hit so hard. Mosley told me he never got hit so hard by anybody even with real, short punches. But look at Joshua Clottey, he was a guy known as a real warrior until he fought Manny in Dallas. There was no quit in the guy until he got tagged by a right hand in the first round by Manny, then he quit fighting,” Arum said.

"I think Manny’s deceptive in that he lands punches that don’t look like haymakers yet they really hurt them, really hurt Mosley, (Antonio) Margarito and Clottey. I don’t think Mosley fought like a guy getting $5 million, I can appreciate those (complaining about that)…

“The guys who did the most, did the best against Manny are the two insane Hispanic guys, Cotto until he just could not stand anymore and Margarito, who took such a beating he will probably never fight again. Not to mention how Manny said good night to Hatton and made Oscar quit on the stool.”