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By Mark Vester
The Los Angeles Times reports that Oscar De La Hoya and Floyd Mayweather have come to terms for a pay-per-view mega-bout to take place on May 5, 2007. The agreement was reached late Monday afternoon.
"Oscar is really excited," said Richard Schaefer, CEO of Golden Boy Promotions. "Oscar knows he will go in as an underdog because he is facing the best pound-for-pound fighter in the world."
The event will be promoted by De La Hoya's promotional company, Golden Boy Promotions. De La Hoya is rumored to be making over $20 million for the bout, while Mayweather is said to be making over $10 million. The exact split of the fight is unknown.
De La Hoya gave Mayweather a deadline of Monday or he would pick another opponent, Mayweather gave in and the deal was agreed upon.
The Los Angeles Times reports that Oscar De La Hoya and Floyd Mayweather have come to terms for a pay-per-view mega-bout to take place on May 5, 2007. The agreement was reached late Monday afternoon.
"Oscar is really excited," said Richard Schaefer, CEO of Golden Boy Promotions. "Oscar knows he will go in as an underdog because he is facing the best pound-for-pound fighter in the world."
The event will be promoted by De La Hoya's promotional company, Golden Boy Promotions. De La Hoya is rumored to be making over $20 million for the bout, while Mayweather is said to be making over $10 million. The exact split of the fight is unknown.
De La Hoya gave Mayweather a deadline of Monday or he would pick another opponent, Mayweather gave in and the deal was agreed upon.
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