MANILA, Philippines – The planned May 2 fight between Manny Pacquiao and Ricky Hatton would push through after all, this was according to a spokesman for Top Rank big boss Bob Arum.
According to The Guardian’s online edition, the week-long deadlock about the revenue split has been resolved and Arum expects Pacquiao to make an official announcement by Friday to confirm that his fight against the British boxer would take place in Las Vegas.
No other details were disclosed but the Filipino boxing icon, who cemented his status as the world’s best pound-for-pound fighter, is likely to agree on the 52-48 revenue split also proposed by Arum.
GMANews.TV tried to get Pacquiao’s comment but he did not answer or return our calls.
Pacquiao has earlier indicated that he won’t fight Hatton unless the revenue split made in his favor. He has been demanding a 60-40 split from the total proceeds of the total revenue purse since he further gained world recognition after his eighth round win against Oscar De La Hoya last year.
Hatton’s camp, however, wanted a 50-50 sharing deal after already reaching a verbal agreement with Arum.
Arum has suggested a 52-48 split favoring Pacquiao, who is expected to rake in between $20 to 40 million depending on the draw of pay-per-view television audience.
Ray Hatton, Ricky’s father and manager, has threatened to drop out of the fight if Pacquiao would insist on the 60-40 split. He added that he could arrange another super-fight for his son, a match that could also draw a huge crowd.
Two of the venues being eyed for the Pacquiao-Hatton fight are the MGM Grand Garden or the Thomas Mack Center in Las Vegas.
Pacquiao is expected to watch Antonio Margarito defend his World Boxing Association welterweight title against “Sugar" Shane Mosley on January 23 in Los Angeles.
Source: gmanews.tv
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