According to Dan Rafael of espn.com, there is no imminent announcement for the much talked about fight featuring Floyd Mayweather and Manny Pacquiao.
“The thing that really concerns me is that we are running out of time for May 2,” Top Rank promoter Bob Arum, who represents Pacquiao, told ESPN.com on Monday. “If you want to drag this out a little longer then move the fight to later in May — May 30 is a good date — or go in June. We agreed to go on May 2 because that is the date Mayweather is hung up on, but if we’re going to go on May 2 we need to get this done.”
“There are issues that should be solved in 10 minutes, but it’s a slow dance,” Arum said. “We send one draft to their side and their lawyer sends back a draft with something else that’s an issue. And there doesn’t seem to be any urgency about it on their side. It’s terrible.”
Arum has negotiated many of the deal points for the bout through CBS chief executive Leslie Moonves, who has acted as a go-between for Mayweather and his adviser, Al Haymon. Arum said he continues to remain in touch with Moonves and that they exchanged emails on Monday trying to work out the issues.
“I’ve asked Les to expeditiously handle the points there are issues with,” said Arum, who declined to go into the specific issues. “Moonves can handle it. The question is whether the Mayweather side will listen to him. If they’re sincere about trying to make the fight it shouldn’t be an issue, or are they playing a game? I don’t know. I go back and forth. I thought they were always playing a game, that Floyd didn’t want the fight.
“Then Manny and (adviser) Michael (Koncz) spent an hour or so with Mayweather in the hotel suite and they read it that, no, Mayweather really wants the fight. But I don’t know. If people were really concentrating on this it could be done in no time.
“There are unresolved issues on both the fighter deal and the network deal. (The fighters are) on the same page regarding basic deal points but there are lot of meaningful items still unresolved,” said one source involved in the negotiations.
Stung by recent media reports that it is holding up a deal, HBO, which has not even publicly acknowledged the negotiations in the first place, issued a surprising statement on Monday in which it essentially said that nobody should blame it if the deal doesn’t get done.
“We are not an impediment to this fight. We stand ready to go. The principals need to agree to terms and come to a deal,” HBO Sports said in the statement.