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"Manny Pacquiao has signed a contract to fight Floyd Mayweather Jr. in boxing's biggest fight on March 13, a source with knowledge of the meeting told ESPN.com on Friday night.
Pacquiao and promotor Bob Arum met for two hours Friday to discuss the proposed deal, according to Pacquiao adviser Michael Koncz, who told The Associated Press that "Manny has some additional requirements, requests, which Arum didn't think was a problem.
"The requests of Manny were so realistic that Arum doesn't feel it's a problem and it's pretty much a done deal," Koncz said.
Later Friday it became a done deal, at least on the Pacquiao side, when he signed the paperwork, the source said.
Mayweather had previously agreed to terms with Golden Boy Promotions, his promoter for the HBO PPV fight, but it was unclear if he had signed a contract.
The source also disclosed other aspects of the fight, which will take place at the welterweight limit of 147 pounds for Pacquiao's title and match the top two fighters in the world, pound-for-pound.
The camps agreed to a 50-50 split of the money, which could be gargantuan. Many experts expect the fight to eclipse the all-time pay-per-view record for sales, which is the 2.44 million buys generated by Mayweather's 2007 victory against Oscar De La Hoya."
http://www.espn.com/sports/boxing/news/story?id=4715684
Pacquiao and promotor Bob Arum met for two hours Friday to discuss the proposed deal, according to Pacquiao adviser Michael Koncz, who told The Associated Press that "Manny has some additional requirements, requests, which Arum didn't think was a problem.
"The requests of Manny were so realistic that Arum doesn't feel it's a problem and it's pretty much a done deal," Koncz said.
Later Friday it became a done deal, at least on the Pacquiao side, when he signed the paperwork, the source said.
Mayweather had previously agreed to terms with Golden Boy Promotions, his promoter for the HBO PPV fight, but it was unclear if he had signed a contract.
The source also disclosed other aspects of the fight, which will take place at the welterweight limit of 147 pounds for Pacquiao's title and match the top two fighters in the world, pound-for-pound.
The camps agreed to a 50-50 split of the money, which could be gargantuan. Many experts expect the fight to eclipse the all-time pay-per-view record for sales, which is the 2.44 million buys generated by Mayweather's 2007 victory against Oscar De La Hoya."
http://www.espn.com/sports/boxing/news/story?id=4715684
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