Anticipation builds as Mayweather, Pacquiao move closer and closer to May 2 megafight
The Telegraph reported there are indications that Floyd Mayweather will announce a fight projected to be worth US$250 million during the NBA All-Star Game on Sunday (Monday Manila time) at Madison Square Garden. AP

ANTICIPATION continues to build as Manny Pacquiao and Floyd Mayweather, Jr. move closer and closer to sealing an agreement for what could easily go down as the richest fight in boxing history.

Newspapers, websites, and wire agencies are all trying to beat each other to the draw, reporting that an agreement has finally been reached between the camps of the two fighters for a fight that was almost five years in the making.

The London Telegraph quoted sources from Pacquiao’s camp as saying on Saturday that the Filipino boxer has already “completed his contractual agreements” for the fight pencilled for May 2 in Las Vegas.

A dozen or so more news organizations have more or less followed the same line, although the announcement that matters - expected to come from the Mayweather camp - has yet to be made.

So when will it come?

The Telegraph’s Gareth Davies also wrote that there are indications that Mayweather will announce a fight projected to be worth US$250 million during the NBA All-Star Game on Sunday (Monday Manila time) at Madison Square Garden.

Mayweather was a prominent presence at ringside in New York on Saturday (Sunday Manila time) during NBA All-Star Saturday that featured the three-point shootout and the slam dunk contest.

Mayweather was shown many times on the big screen of the Barclays’ Center, at times receiving jeers from the Brooklyn crowd.

Meantime, the Las Vegas Review-Journal quoted sources saying the Mayweather and Pacquiao camps have not yet agreed on all points but are “close to a deal” and “only a few items” are being negotiated.

Top Rank chief Bob Arum also told Steve Carp of the Las Vegas Review-Journal that they are only awaiting the response of Mayweather.

“I’m very optimistic,” said Arum. “We’re waiting to hear from Floyd. But from everyone’s perspective, it needs to get resolved this week. You have to start planning things, and there’s a lot that has to be done.”

ADVERTISEMENT - CONTINUE READING BELOW

However, Stephen Espinoza, vice president of Showtime Sports which broadcasts Mayweather fights on pay perview, said nothing has been finalized when asked by the Las Vegas Review-Journal if the Telegraph report is accurate.

Follow the writer on Twitter: @spinph