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if im at a car dealership for nine hours ... i better be leaving with a car...
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Nine Hours Later, Mayweather-Pacquiao Mediation 'Ongoing'
By Lem Satterfield
fanhouse.com
The proposed megafight between Floyd Mayweather and Manny Pacquiao still was unclear following Tuesday's nearly nine-hour meeting between the fighters' representatives and a mediator, retired federal judge Daniel Weinstein.
Top Rank Promotions CEO Bob Arum and his stepson, Top Rank president Todd duBoef, were among the first to emerge from the session, which took place at Weinstein's Santa Monica office of Judicial Arbitration and Mediation Services (JAMS).
Arum, who promotes Pacquiao, indicated to FanHouse's David Whitley, who was in Los Angeles, that the parties were instructed by Weinstein not to comment.
Later, Oscar De La Hoya, president of Golden Boy Promotions, and Golden Boy CEO Richard Schaefer emerged with others.
"No comment, no comment," said De La Hoya. "By the judge's order, no comment."
A gag order is in place for the participants of the meeting, which began at 9:30 a.m. local time and ended shortly before Arum and duBoef emerged at approximately 6:10 p.m.
One source with knowledge of the talks said, "The negotiations are ongoing."
It is unclear if that means that the parties will return and resume talks on Wednesday.
Pacquiao has filed a defamation of character lawsuit seeking damages in excess of $75,000, contending that the Mayweather camp has damaged his reputation by demanding that both fighters be randomly drug-tested using urinalysis as well as blood work.
The suit, filed on Wednesday, is seeking compensatory and punitive damages from Schaefer and De La Hoya of Golden Boy Promotions, as well as Floyd Mayweather Jr., Floyd Mayweather Sr., and the fighter's uncle, Roger Mayweather.
Mayweather's camp, which Pacquiao says has accused him of using steroids, initially wanted the Olympic-style, random blood-testing to be done by the United States Anti-Doping Agency, but has softened its stance on that notion.
Neither Pacquiao nor Mayweather has ever tested positive for any banned substances, but the blood-testing procedure -- random or otherwise -- never has been used to detect illegal drug use in boxing.Comment
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ESPN Article:
Involved parties aren't supposed to talk, but apparently haven't reached a deal as of yet.Comment
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Pacquiao, Mayweather camps mum after mediation hearing
01/06/2010 | 11:09 AM
| | More Share (Update) LOS ANGELES — Representatives for Manny Pacquiao and Floyd Mayweather Jr. wrapped up a lengthy mediation session Tuesday night with no word on any progress on the drug-testing issues endangering the boxers' prospective March 13 bout.
Pacquiao promoter Bob Arum and Mayweather's promotional team all said they had been told to make no public comments after their meeting in Santa Monica. The mediation finished nearly nine hours after it began in front of Daniel Weinstein, a retired federal judge.
Arum's Top Rank and Mayweather's representatives at Golden Boy Promotions agreed to the mediation in an effort to resolve their dispute over the methods and frequency of drug testing for the bout, which will be held at the MGM Grand Garden in Las Vegas if a compromise is reached.
Although both fighters have agreed to extensive urine testing, Mayweather has demanded random blood testing as well. Pacquiao has balked at unlimited blood testing, instead proposing two blood tests before the fight and another immediately afterward.
Pacquiao also complicated the negotiations by filing a lawsuit last week alleging Mayweather and most of his camp's key players defamed him by falsely accusing him of using performance-enhancing drugs.
Neither side would say whether more mediation will be held Wednesday, but the length of Tuesday's meeting appeared to be a positive development for the potential fight. If little progress could be made, the session likely would have been scrapped early, with the sport's top two fighters moving on to replacement bouts instead of meeting in what's expected to be the richest fight in boxing history.
After impressive pay-per-view numbers in their most recent bouts last year, both fighters stand to make more than $25 million in their welterweight meeting. Except for drug testing, the camps have settled every significant detail of the fight, according to Arum and Golden Boy CEO Richard Schaefer.
If the fight falls through, Pacquiao is expected to attempt to win a title in a record eighth weight division with a bout against 154-pound champion Yuri Foreman in Las Vegas on March 20, while Mayweather could fight former 140-pound champion Paulie Malignaggi at the MGM Grand on March 13.
Boxing's two most prominent promotional companies have appeared before Weinstein in the past, including a session in 2007 in which they resolved the promotional rights to Pacquiao, who had deals with both companies at one point. - APComment
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I know time is money and if they talked for 9 hours that meansthis is going somewhere amd the fight might happenComment
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i believe they have come to an agreement. They may still need to thresh out some details, thus the need for another day. But its really more to heighten the suspense. The marketing hype of this fight has already started, when they started insisting on all these drug testing sh~t.Comment
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I still do not think this is hype.
But I still believe wrestling is real.Comment
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The fight will happen as planned and as well as the lawsuit.Comment
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Think about this ..... This potential fight is getting more press than any other fight {Signed or otherwise} So, in and of itself it is being promoted by the conflict and drama - Along with the two best P4P fighter's meeting in a battle.
Mosley vs Berto is three weeks away and they aren't getting any press. Everyone is riding the Pacman vs Mayweather soap opera.
Plus, when two camps meet for nine hours - you know the money making potential is beyond sick. We're talking crazy, unheard of money for a fight.
So, the negotiations will continue and the two principles will continue to train until a deal is done.Comment
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Yeah how come nobody's talking about Mosley - Berto. It's in few weeks time!
They have to come up with their own drama, PRONTO!
They should start with some heavy trashtalking! I cannot imagine them going at it though but hey it's worth a try. Works for FloydComment
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