Handlers of Pacquiao, Floyd talking

WHILE both Top Rank promoter Bob Arum and Golden Boy Promotions chief executive Richard Schaefer are adhering strictly to their “no comment” agreement on how negotiations are progressing in an effort to get a deal done between the camps of Manny Pacquiao and Floyd Mayweather Jr., indications are some progress is being made.

Schaefer has been asked to negotiate for the Mayweather camp by the fighter’s top adviser Leonard Ellerbe in order not to create any problems. Ellerbe and Arum had a testy relationship in the past.

But Schaefer did say that he and Arum met last Monday in Las Vegas. “We will have on-going communication and negotiations in the coming week.”

Pacquiao himself wants to fight Mayweather and believes the fight will be made after some hard bargaining.

If insider talk is anything to go by, then both sides, despite their posturing as to who should get the higher percentage of the revenue split beginning with a 60-40 demand and then going down to 55-45, are likely to settle for an even 50-50 percent sharing.

Meantime, the battle of possible venues for a fight that is bound to re-establish boxing and smash all pay-per-view records is heating up with Texas taking the lead.

Source: manilastandardtoday.com