Mayweather vs Pacquiao is a done deal, says Mayweather

Floyd Mayweather Jr. has confirmed his fight against the Filipino boxer Manny Pacquiao on Friday through his Shots social media account.

The boxing fans around the world have been waiting for the announcement since the negotiations started to roll last December. Finally, the wait is over as millions of boxing spectators doubt on the camp of Mayweather and Pacquiao is over.

On his Shots account, Mayweather posted:

“What the world has been waiting for has arrived. Mayweather vs. Pacquiao on May 2, 2015, is a done deal. I promised the fans we would get this done, and we did. We will make history on May 2nd. Don’t miss it! This is the signed contract from both fighters. www.themoneyteam.com @melissiarene @moneyyaya @badmedina @theharlemhotboy @lizahernandez23 @rickibrazil @thatjessilee @kitchie”

The boxing fans around the world has waited for five years just for the to camps to make the deal. Mayweather and Pacquiao will unify their welterweight world titles at the MGM Grand in Las Vegas on May 2.

It is being reported that this fight can ammass $400 million and over. In pay-per-view alone, it is expected to have a price of $89.95 and additional $10 for high definition.

“I am glad my decision to meet with Manny and discuss making this fight happen helped get the deal done,” Mayweather said, referring to a chance Jan. 27 meeting with Pacquiao at a Miami Heat game followed by a private discussion after the game.

One of the major obstacles in the negotiation was centered on the boxers’ television deal. Mayweather has an exlusive contract with Showtime while Pacquiao’s with HBO. Both Showtime and HBO had met to make this boxing fight to happen.

Pacquiao (57-5-2, 38 KOs) has resurrected his career after he was knocked down by Manuel Marquez in 2012. He is back winning three fights in a row (Rios, Bradley II, Algieri).

Mayweather (47-0, 26 KOs) has to risk his undefeated status against Pacquiao. However, Mayweather knows that Pacquiao is no longer at his peak. Mayweather also has a 60/40 split on the money revenue for this fight.

Doreelyn is a graduate of Banking and Finance at the St Louis University, one of the top 10 universities in the country. Without Doreelyn, Pabaon News will not be complete.Her knowledge of business catapults Pabaon News into another level. Her passion for writing continues to push her to the limit