Technically, there is no contract between Floyd and Manny yet…
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According to ESPN writer Dan Rafael, there is no contract between Floyd Mayweather and Manny Pacquiao as the latter’s camp have previously suggested.
Pacquiao has stated continuously in recent interviews that he is waiting for Mayweather to sign a contract, while the response from the American’s camp is that there is no contract for him to sign yet.
It is acknowledged that this is the closest that the pair have come to agreeing to a fight, with ‘Pac-Man’ suggesting that he has agreed to terms from Mayweather including a 60-40 purse split in favour of the American as well as the venue, date and drug-testing plan ahead of the bout.
However, Mayweather’s strength and conditioning coach, Alex Ariza, told the media last week that they needed to gain proof from Top Rank promoter Bob Arum that he has the contract that he keeps mentioning and that he has signed to agree to all this.
While the pair were seen at the Miami Heat-Milwaukee Bucks game on Tuesday night where they had a brief discussion in which Pacquiao revealed that they would negotiate directly after exchanging numbers, Rafael has cleared up the current situation as it stands.
“There is no Floyd-Manny contract. There’s a deal memo. If points agreed to then then it goes to a full contract,” he tweeted.
Rafael added that therefore, technically there is no contract between the two fighters but there is paperwork going back and forth between them to try and finalise the deal.
The deal memo ultimately consists of a point-by-point breakdown of the major terms and if they agree then their respective lawyers will put it all in official terms in a long-form agreement to get the fight made.
Speculation has suggested that the pair will make the announcement this weekend over the Super Bowl weekend, but it remains to be seen whether or not that comes to fruition with Pacquiao insisting that he will wait until the end of the month before considering his other options.
While it is reassuring to know that tangible negotiations are taking place, it promises to be a frustrating wait for fans to discover whether or not the two pound-for-pound greats will eventually get in the ring to face off.