TeamPilipinas.info: Arum and Schaefer continuing to talk

source: Ronnie Nathanielsz | insidesports.ph

While both Top Rank promoter Bob Arum and Golden Boy Promotions CEO Richard Schaefer are adhering strictly to their “no comment” agreement on how negotiations are progressing in an effort to get a deal done between the camps of reigning pound-for-pound king Manny Pacquiao and former pound-for-pound No.1 Floyd Mayweather Jr, indications are some progress is being made.

Schaefer told us he was in no position to give us much information on the on-going negotiations because, like Arum he said, “I truly don’t want to hurt the negotiations in any way or shape by making comments.”

Schaefer has been asked to negotiate for the Mayweather camp by the fighter’s top adviser Leonard Ellerbe in order not to create any problems by Ellerbe sitting down to negotiate with Arum since they have had a testy relationship in the past.

Schaefer however did say that he and Arum had met last Monday in Las Vegas and “will have on-going communication and negotiations in the coming week.”

Pacquiao himself wants to fight Mayweather and believes the fight will be made after some hard bargaining.

If insider talk is anything to go by then both sides, despite their posturing as to who should get the higher percentage of the revenue split beginning with a 60-40 demand and then going down to 55-45, are likely to settle for an even 50-50 percent sharing.

Meantime the battle of possible venues for a fight that is bound to re-establish boxing and smash all pay-per-view records is heating up with Texas taking the lead.

Matthew Aguilar in an article in the El Paso Times says that the Pacquiao-Mayweather superfight belongs in the Dallas Cowboys stadium. Aguilar wrote while Las Vegas will always be boxing’s capital , Pacquiao-Mayweather requires a grand stage if it hopes to c atapult the sweet science back into the mainstream and the new billion dollar Dallas Cowboys Stadium is that grand stage.

Aguilar claimed that Las Vegas won’t be threatened if the fight was h eld i.n Dallas since it will always be “Fight Town” as he argued that it would even benefit if Pacquiao-Mayweather achieved the expected success in the Cowboys Stadium as it would energize the entire sport.

The El Paso Times article concluded “They say everything is bigger in Texas. Wouldn’t it make sense, then, to put perhaps the biggest, richest fight of all time in Texas?

If the sport really wanted to capitalize on the momentum, and re-establish itself as a force, this is its chance. If it really wanted to make a statement, then Cowboys Stadium is the only option.”

Arum told us several weeks ago that the owners of the new Dallas Cowboys Stadium were keen on having Pacquiao fight at their 100,000 capacity venue and with the tax perks afforded by Texas, it could be the best choice but that the issue was far from settled.

Pacquiao had his most memorable coming out performance at the Alamadome in San Antonio, Texas when he annihilated Mexican legend Marco Antonio Barrera in eleven rounds in November 2003 and also scored a smashing 8th round knockout over previously undefeated Jorge Solis in the same venue in April 2007.

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