After years of disagreements it seemed like Floyd Mayweather and Manny Pacquiao’s camps were finally able to hash out all the details to make the mega fight happen but it turns out that’s not true. The two sides are still not in agreement and that’s why the contract hasn’t been signed and the fight is less than two weeks away!
Top Rank promoter Bob Arum told ESPN.com on Tuesday that he wasn’t signing the contract that he received a draft of on April 15 because it wasn’t what he agreed to when the MGM, Mayweather Promotions and he signed the term sheet a couple months ago.
“We agreed that we would all be signatories on the final contract and then they sent us a draft of the agreement and it excluded us,” said Arum, who promotes Pacquiao.
Not being a signatory to the contract means that Top Rank wouldn’t have control of decisions during the fight, including in-arena production, video content and music.
“They don’t want us to have any say,” Arum said. “So whether they came up with the deal between Mayweather and MGM before or after our agreement, they’ve committed fraud either way. That’s what we’re enmeshed in.”
Without a signed agreement, a single ticket still has not been printed and tickets to the closed circuit viewing of the fight at MGM Hotels also have not gone on sale.
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