The biggest fight in boxing that can be made, has finally been made.
Fans have waited more than five years to hear the news of Floyd Mayweather Jr. and Manny Pacquiao agreeing to terms for what many believe will go down as the richest fight in boxing history. Mayweather announced Friday afternoon through his verified social media account that the event is a done deal.
"What the world has been waiting for has arrived. Mayweather vs. Pacquiao on May 2, 2015, is a done deal," Mayweather announced. "I promised the fans we would get this done, and we did. We will make history on May 2nd. Don't miss it!"
The fight will take place May 2 at MGM Grand in Las Vegas, a venue that has hosted several events for both fighters over the years. Mayweather has fought at the MGM Grand in each of his past 10 fights—including the two highest grossing live gates in boxing history with his wins over Oscar de la Hoya (May ’07) and Saul ‘Canelo’ Alvarez (Sept. ’13)—while Pacquiao has played the venue 11 times in his career, including his stateside debut in June ’01.
Terms were reached in full by Thursday morning, but all parties involved were forced to remain mum until Mayweather himself was ready to make the announcement.
The Pay-Per-View telecast will feature three fights; one each from Top Rank (Pacquiao’s promoter) and Mayweather Promotions, and—of course—the main event itself. According to Los Angeles Times boxing scribe Lance Pugmire—who has been the most informative of all media members every step of the way in tracking the latest round of negotiations—the fight is, from a contractual standpoint, one-and-done, with no specified language for a rematch.
Details of a press tour are forthcoming, though it will be limited to 2-3 cities at the most. The event won’t go the route of multi-city stops, as enough publicity has already been generated to where it’s a matter of just waiting for fight night.
Both fighters hold separate welterweight belts, but Mayweather is recognized by BoxingScene.com as the lineal welterweight champion, as well as the reigning super welterweight champ following his win over Alvarez. Even without that distinction, the event was always likely to be referred to as Mayweather-Pacquiao, with Mayweather receiving top billing, walking into the ring second and being announced second, all the benefits normally afforded by a champion in a prize fight. Post too long. Click here to view the full text.