Manny Pacquiao, above, is expected to fight Floyd Mayweather Jr. on March 13 at a site to be determined. (Isaac Brekken/associated Press)Arum presented "what he thought was the best proposal he can bring" during a two-hour breakfast meeting with Pacquiao, said Michael Koncz, an adviser of the Philippine boxing idol.
"Manny has some additional requirements, requests, which Arum didn't think was a problem," Koncz said. "The requests of Manny were so realistic that Arum doesn't feel it's a problem and it's pretty much a done deal."
He said the contract still needs "fine tuning," declining to elaborate.
Pacquiao is running for a congressional seat in May 2010 elections and official campaigning won't start before April.
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