"The long anticipated fight between Manny Pacquiao, 51-3-2, 38 KO’s and Floyd Mayweather, JR., 41-0, 25 KO’s is a done deal with only signatures needed on the printed contract" said a very reliable inside source close to Team Mayweather who has just contacted RSR. This inside source went on to say, "Floyd is very happy that both sides could work out issues that he always felt could be talked out." Floyd is anticipating on making well over 50 million dollars with Manny making almost the same. Tentative dates being kicked around for an HBO PPV is the middle to end of November 2010 and if this does happen there is no doubt that this fight will be the biggest grossing in history.
Merchant was later informed that Affliction was the actual promoter of the event and not just a sponsor courting De La Hoya as he had earlier ascertained from his conversation with Schaefer.
"This is hard for someone with my experience to compute. When somebody says ‘$5 million sponsorship,’ I have a different interpretation," said Merchant. "This never even occurred to me that Affliction was the guys behind this and that Golden Boy was just putting its brand on it and was not taking any risk and would make money on the end. This is a whole new financial model from what I’ve known in boxing."
Bruce Binkow, Golden Boy’s Chief Marketing Officer, took Merchant’s comments in stride.
"It’s ridiculous [to say] that there was a $5 million dollar fee paid [for de La Hoya’s attendance]," said Binkow. "There’s a financial commitment obviously that Affliction made, and Oscar felt an obligation through his partners at Affliction [to attend]. I don’t know how more simple it can be and why it’s any more complicated than that."
And while Merchant might be questioning de La Hoya’s lack of allegiance to the sport that made him a star, Binkow said the former champion’s decision to grace "Day of Reckoning" was strictly business.
"The [Affliction] pay-per-view date was set long before the boxing event, and Oscar didn’t feel right about offending his commitment to our partners in Affliction," said Binkow. "I think it was a great night for both sports. There was packed houses at the Staples Center and the Honda Center, so we were thrilled with both events."
De La Hoya hasn't been a real fighter for years. You can't fault the guy because he has been a great fighter in the past and made so much money from the sport. But, realistically, he has been a part-time boxer for years. That showed last weekend against Pacquiao who was so hungry to win that fight. Unfortunately for De La Hoya he just fell apart at the hinges after the first few rounds. He just didn't have anything there. So hopefully that was his last fight, I don't think he is going to fight again.