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Money Still Central Sticking Point In Mayw...

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Glax0r's Photo Glax0r 06 Dec 2014

Money still central sticking point in Mayweather-Pacquiao negotiations

by Chris Mannix, CNN Sports Illustrated

NEW YORK -- With the buzz for a potential super fight between Floyd Mayweather and Manny Pacquiao once again reaching a fever pitch, there continue to be indications that the finances of this anticipated showdown will be a significant obstacle. According to a source close to Mayweather, if a Pacquiao fight were to happen, Mayweather would need to receive close to two-thirds of the revenue.

In a telephone interview with SI.com, Pacquiao’s promoter, Bob Arum, disputed the number. Arum declined to discuss specifics of the split but said he has been in contact with CBS CEO Les Moonves this week -- CBS is the parent company of Showtime, which has an exclusive deal with Mayweather -- and that "based on my conversations, that is not accurate."

Negotiations between Top Rank and CBS have continued after disappointing pay-per-view numbers for Manny Pacquiao’s welterweight title defense against Chris Algieri last month have come in. According to Arum, Pacquiao-Algieri generated just over 400,000 pay-per-view buys, while industry sources say that number is somewhere between 350,000 and 375,000...

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