Staples Center offers $20 million to host Manny Pacquiao-Floyd Mayweather Jr. fight

Staples Center has made a guaranteed $20-million offer to host the Manny Pacquiao-Floyd Mayweather Jr. mega-fight that has been verbally agreed to be fought March 13.

Fabforum "This is the biggest boxing event ever, and we're prepared to step up in a big way," said Dan Beckerman, AEG's chief financial officer. Beckerman said his pitch to Mayweather promoter Richard Schaefer and Pacquiao's promoter Bob Arum is to "activate the entire L.A. Live campus" on fight week.

New J.W. Marriott and Ritz-Carlton hotels would serve as media headquarters, a fan-fest would be staged at Nokia Plaza, a large closed-circuit audience could watch the bout at Nokia Theatre and 20,000 would fill Staples Center, Beckerman said.

"We know there's interest in this fight across the world, but we're very interested and honored to make the most impressive offer possible," Beckerman said. "It's our biggest guarantee ever, and we hope it wins the day. We wanted to push as far and as hard as we could."

Schaefer, chief executive of Golden Boy Promotions, which counts AEG as a partner, declined to immediately comment on any site deals. He canceled a planned trip to tour Dallas Cowboys Stadium on Wednesday, but declined to explain why, other than repeating he was busy working to finalize the fight deal.

One of the barriers to staging the bout in California, promoters say, are the state taxes required from the boxers -- payments not required in Nevada and Texas.

"That's certainly a factor in the overall economics, and one thing we'd have to overcome," Beckerman said.

Staples has at least won the right to stage another fight of interest, the fourth chapter between Israel Vazquez and Rafael Marquez, on May 22, Beckerman said.

The classic trilogy had two fights at AEG's Home Depot Center, with both bouts won by Huntington Park's Vazquez.

"That's a great L.A. fight and the fourth installment appropriately needs to step up to the bigger venue," Beckerman said.

-- Lance Pugmire

Photo: Staples Center. Credit: Los Angeles Times.

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Pacquiao-Mayweather is almost a go

Manny Pacquiao, above, is expected to fight Floyd Mayweather Jr. on March 13 at a site to be determined. (Isaac Brekken/associated Press)

Manny Pacquiao is likely to fight Floyd Mayweather Jr. on March 13 after agreeing to a proposal from promoter Bob Arum in Manila on Friday.

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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Pacquiao-Mayweather bout closer

The proposed super-fight between Manny Pacquiao and Floyd Mayweather is getting closer.

Mayweather agreed to terms for the welterweight title bout on Tuesday, multiple sources with knowledge of the negotiations told ESPN.com.

The proposed date is March 13, although there is a chance it could move to May 1, sources said. Mayweather, according to a source close to him, is OK with either date.

Pacquiao and Mayweather have fought recent bouts at catch weights. However if they complete their deal, the bout would be contested at 147 pounds, the maximum for a welterweight fight, a source said.

Top Rank's Bob Arum, who promotes Pacquiao (50-3-2, 38 KOs), was flying to the Philippines on Tuesday night to meet with Pacquiao and try to close his side of the deal.

Arum spent much of Tuesday getting open issues resolved in his negotiations with Golden Boy Promotions CEO Richard Schaefer, who represents Mayweather, sources said. Once Arum was able to do that, he left for the Philippines and is expected back on Monday.

If the HBO PPV fight happens on March 13, it would force the tentative HBO PPV fight between light heavyweights Roy Jones Jr. and Bernard Hopkins to move to another date. Hopkins and Jones both fight Wednesday and must win for their fight to go through.

The site for Pacquiao-Mayweather remains up in the air. There is interest from Dallas Cowboys owner Jerry Jones to bring the fight to his new stadium. There is also interest from venues in Las Vegas, including the MGM Grand (which has hosted several Pacquiao and Mayweather fights), and the Superdome in New Orleans in hosting a fight many believe will break the all-time record for pay-per-view buys, which is the 2.44 million units sold for Mayweather's 2007 split decision victory against Oscar De La Hoya.

The fight moved front and center with heavy public demand for it following Pacquiao's dominant 12th-round knockout of Miguel Cotto to win a welterweight title on Nov. 14. The victory gave Pacquiao a title in a record-breaking seventh weight division and 1.25 million pay-per-view units.

Mayweather (40-0, 25 KOs), who has won titles in five divisions, came out of a brief retirement in September to dominate Juan Manuel Marquez in a fight that generated 1.05 million buys.

Just a few days after Pacquiao's win over Cotto, Arum and Schaefer began negotiations.

One wrench in the talks was the date. Arum, Schaefer and HBO wanted to slot the fight on May 1. However, Pacquiao announced his candidacy for a congressional seat in the Philippines on Tuesday. With the election scheduled for May 10, it rules out a May 1 fight unless Pacquiao runs unopposed. Pacquiao lost the election for a congressional seat in 2007.

If Pacquiao-Mayweather isn't finalized, Arum has talked about matching Pacquiao with junior middleweight titlist Yuri Foreman, which would give Pacquiao an opportunity to win a title in an eighth division. Foreman defeated Daniel Santos to win a 154-pound belt on the Pacquiao-Cotto undercard.

Schaefer has talked about bringing Mayweather to England to match him with Matthew Hatton in the event Pacquiao-Mayweather isn't made. Hatton is the brother of Ricky Hatton, the former junior welterweight and welterweight titlist whom Mayweather knocked out in 2007.

Dan Rafael is the boxing writer for ESPN.com

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Mayweather-Pacquiao fight nearly finalized

The much-anticipated bout between Floyd Mayweather Jr. and Manny Pacquiao is all but set for March 13, a source told Yahoo! Sports.

Mayweather has agreed to terms and promoter Bob Arum is making a trip to Manila, Philippines, to finalize a deal with Pacquiao, the source said.

Las Vegas, Dallas and New Orleans are the front-runners to host the bout, which is expected to become the highest-grossing boxing match in the sport’s history.

Pacquiao is the top pound-for-pound fighter in nearly every major ranking, including Yahoo! Sports. Mayweather is No. 2 in most rankings and was No. 1 in nearly all of the polls before he briefly retired in June 2008.

Pacquiao is coming off a 12th-round stoppage of Miguel Cotto on Nov. 14 at the MGM Grand Garden Arena in Las Vegas, a bout in which he won the World Boxing Organization welterweight championship and erased fears that he is not a legitimate welterweight.

Cotto was a legitimate welterweight in his prime and Pacquiao dominated, knocking him down twice and cruising to the one-sided victory.

Mayweather routed Juan Manuel Marquez, who had previously been ranked No. 2 in the Yahoo! Sports poll, in a Sept. 19 fight at the MGM Grand.

The public demand for the fight has been enormous, putting pressure on Arum and Golden Boy Promotions CEO Richard Schaefer, who represents Mayweather, to get a deal done.

Promoters had targeted May 1 for the fight almost from the moment that Pacquiao stopped Cotto. But Pacquiao filed Tuesday to run for Congress in the Philippines and the election will be held on May 10.

Given that, the bout with Mayweather had to be moved up to March 13 or pushed back until September.

Though there were reports that Arum was considering matching Pacquiao with new WBO super welterweight champion Yuri Foreman on March 13 in Dallas, that was a diversionary move and was never serious, the source said.

A survey team from Top Rank will inspect Dallas Cowboys Stadium as a possible venue. The MGM Grand Garden Arena and the New Orleans Superdome are also in the running to host the mega-fight, the source said.


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Floyd Mayweather Jr. vs. Manny Pacquiao – The Fight That Has To Happen

By Adam McGarry: Think about that for a second, really think about it. Sounds good , yeah? Current pound for pound Number one Manny Pacquiao against pound for pound king (Number 0?) Floyd Mayweather Jnr. The shouts of ‘That won’t happen’ can be heard already, but it’s not impossible. I believe, along with many, that Floyd Mayweather isn’t done with the sport, he’s just not interested in fighting anyone recently who he doesn’t see as any sort of threat to his throne.

All credible fighters in their own right but Floyd seems to believe he’s above any of them and hasn’t wasted any sleep over them. Oscar De La Hoya wasn’t too much of a threat in terms of athleticism and ability, definitely not post-prime, yet Mayweather took that fight over any other of the fighters around him.

It was the sheer lure of a blockbuster fight where he believed he couldn’t lose, and make millions at the same time. He wanted to beat the most popular fighter and Oscar gave it his all and on the night, he was gearing up for a rematch but Mayweather just wasn’t interested. Manny Pacquiao is different, Mayweather can’t even dream of the popularity Manny has, not many people do but when it comes down Manny being hailed as the best fighter on the planet has got to eat away at an ego like Floyd’s.

Manny did what Floyd couldn’t and stopped De La Hoya with relative ease, yes De La Hoya is slightly older but that won’t exactly have that much effect. De La Hoya was shot already. Manny drew a mere five million less for the De La Hoya fight than Mayweather did in his bout, so it’s not like Pacquiao’s not a box office mega star, whereas Miguel Cotto and Antonio Margarito for example, both fighters Mayweather has been accused of dodging, simply aren’t big enough draws for the boxing public.

The key to big office draws isn’t the passionate boxing fans (i hate to say), it’s the casual fan, who hears a name and thinks ‘oh that’ll be a good fight, i know those two’. After beating a legend in Oscar and near enough sending him into retirement on a stretcher, he’ll be plastered over every sports newspaper, website, magazine etc.

But here’s the beautiful part, Manny can actually fight around Floyd’s weight. Competitively. And he hadn’t lost anything of his erratic flashes of speed and tenacity, he’s probably one of, if not THE, most exciting fighter on this earth.

Again, that must hurt Floyd a little bit, pick away at that ego. The most exciting fighter on the planet vs. the best fighter on the planet, that’s just a fight that has to happen. Attack vs. Defense, Composure vs. Flair, Gung Ho vs. Pure Ability. The list goes on, and it would be a money machine, if you let Golden Boy promote it as well you’re talking record breaking.

Manny may have to get past Ricky ‘The Hitman’ Hatton first, but if that fight is at welterweight, and Manny puts on a display like he did and Hatton can’t handle the jump up in weight again he could seriously get Floyds attention. Which no doubt he already has but a win over the another mass-popular fighter in Ricky would just have to bring him out.

Manny wouldn’t have too many options, and Mayweather can never resist a little bit more cash in the bank. The signs point to a generation defining fight for pound for pound supremacy, the calls have to start.

Surely Floyd wont sleep with everyone telling him there’s a little Filipino fighter with a nations worth of fans and possibly even more admirers and some serious talent. Give every boxing fan, casual or passionate, the fight the whole world wants to see.

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