'Contract shows Floyd OK'd 2010 fight with Pacman'

Posted at 06/02/2012 9:10 PM | Updated as of 06/03/2012 2:06 AM

GBP allegedly offered Pacquiao 50-50 split


MANILA, Philippines – Boxing fans have long been raving for a super-fight between Manny Pacquiao and Floyd Mayweather Jr.

But according to Yahoo! Sports, the two pound-for-pound kings could have fought in 2010 if not for a snag in their supposed fight contract.

Manny Pacquiao (R) and Floyd Mayweather Jr.

Yahoo! Sports' Kevin Iole cited that Golden Boy Promotions (GBP) had sent a fight contract to Top Rank Inc., guaranteeing a 50-50 revenue split for the two boxers.

“The eight-page agreement is so detailed that it indicates which of the two fighters would step onto the scale first at the weigh-in (Pacquiao), who would walk to the ring first (Pacquiao), who would be introduced first (Mayweather) and who had first choice of the locker room (Mayweather),” Iole said in his report.

Iole reported that GBP sent the contract to Top Rank on Dec. 11, 2009, a month after Pacquiao’s 12th round stoppage of Miguel Cotto.

The fight would have been on HBO pay-per-view for $59.95 (roughly P2,600 at current exchange) per buyer.

The supposed mega fight would have been held on March 13, 2010.

Pacquiao was forced to decline the contract because of Mayweather’s drug test demand.

He later softened his stand on the drug testing issue but Mayweather no longer wanted to give him a 50-50 split.

Top Rank’s CEO Bob Arum said the contract ran contrary to speculations that he has been blocking the fight.

"We have a contract that they sent us and all the terms have been agreed to," Arum said.

"All this that's been going on – 'Bob Arum doesn't want it,' and 'I'm entitled to this and that,' is all [expletive]. All [expletive]. This is their lawyer who prepared this, sent copies to everyone…This isn't something I wrote and passed out. Their lawyer did this and sent it to us."

However, GBP chief Richard Schaefer denied the existence of such contract.

"If we had a deal, how come we didn't have a fight?" he said.

Pacquiao is currently gearing for a World Boxing Organization (WBO) welterweight title defense against Timothy Bradley.

The Bradley fight will take place in Las Vegas next Saturday.

Mayweather, meanwhile, has already began serving his 3-month jail sentence at the Clark County Jail following his guilty plea for beating up his former girlfriend Josie Harris, the mother of his children.