The Floyd Mayweather Jr.-Manny Pacquiao fight is one step closer to happening, according to ESPN. Pacquiao agreed to terms for the bout, now leaving it up to Mayweather to agree to the much anticipated fight.
Fans have salivated for a Mayweather-Pacquiao clash for years, and they soon might have it.
Per ESPN's Dan Rafael:
"Pacquiao and Top Rank, his promoter, have agreed to terms for a May 2 bout, Top Rank vice president Carl Moretti told ESPN.com on Tuesday night, although Mayweather has not yet agreed to terms and it remains to be seen if he will. ...
"According to a source involved in the negotiations, Pacquiao has agreed to a 40 percent cut of the revenue, leaving Mayweather with the remaining 60 percent of a fight most believe will shatter every boxing box office record, including the all-time pay-per-view buy record of 2.4 million (Mayweather-Oscar De La Hoya), the pay-per-view revenue record of $150 million (Mayweather-Canelo Alvarez) and the all-time gate record of $20 million (Mayweather-Alvarez)."
Pacquiao's side said the fight is so far along that they've already drafted contracts. One source told ESPN, though, that Mayweather's lawyers have indicated there were still issues to be resolved with the potential fight.
Many believe Mayweather, who plans to retire after his next two fights, is planning to go out with a bang: a match in May against Pacquiao and a rematch in September.
Mayweather has yet to respond to Moretti's comments to ESPN.
