While Floyd Mayweather Jr.’s camp thinks his prospective bout with Manny Pacquiao can be saved, Pacquiao’s promoter says he’s moving on.
After six weeks of contentious negotiations failed to produce a compromise on Mayweather’s insistence on stringent drug testing, Pacquiao has made plans to fight welterweight Joshua Clottey in mid-March, Top Rank boss Bob Arum said Friday.
“This is crazy. We’ve moved on,” Arum said.
Golden Boy Promotions CEO Richard Schaefer, who works with Mayweather, isn’t ready to give up. He’s worried Top Rank hasn’t told Pacquiao that the potential richest fight in boxing history could be saved if the Filipino star would agree to take a blood test for performance-enhancing drugs 14 days before the proposed March 13 bout — just 10 days later than Pacquiao already agreed.
“I am hopeful this fight can still happen,” Schaefer said. “No matter what, Floyd Mayweather will fight at the MGM Grand on March 13. I hope the man across that ring will be Manny Pacquiao.”
Schaefer was angered when Arum came out of the camps’ mediation hearing Tuesday blaming Mayweather for the fight’s collapse, saying Mayweather wouldn’t agree to a final blood test 24 days before the bout. Schaefer claims Top Rank rejected a compromise of 14 days on New Year’s Eve, but he isn’t sure whether Pacquiao — at home in the Philippines — was involved in that decision.
Both fighters stand to make much more than $25 million apiece from the much-anticipated bout.
“If they don’t want to do the fight, they should have said it a long time ago and not messed around,” Schaefer said. “Anything Bob states (about the mediation) is wrong, and there are absolute lies.”
That’s almost exactly the sentiment of Arum two days earlier, when he said Mayweather turned down a mediation deal setting the blood test at 24 days before the bout. Schaefer said there never was such a deal.
Arum said he relayed the 14-day proposal to Pacquiao’s camp in the Philippines and was turned down.
No matter who’s right, the negotiations have turned personal and poisonous between the two dominant American boxing promotional companies.
Arum and Mayweather, who worked together earlier in Mayweather’s career, traded blows through the media this week, with Arum calling Mayweather “a psychological coward” and criticizing Schaefer, who said he heard about Arum’s insults through his children.
“He has a tremendous dislike for Floyd and Oscar (De La Hoya) and myself,” Schaefer said. “It’s unbelievable and frankly embarrassing for me and my kids.”
Schaefer said Mayweather’s newfound insistence on stringent drug testing is grounded in Mayweather’s desire to “add an extra level of protection for fighters” throughout the sport, though he didn’t say why Mayweather chose to make that stand before this fight. Pacquiao filed a lawsuit against Mayweather’s camp last month, claiming several members had defamed him by intimating he uses performance-enhancing drugs.
Schaefer said Mayweather will insist on similarly stringent tests for whoever is chosen as his opponent on March 13. Paulie Malignaggi had been rumored to be the top candidate to fight Mayweather if the Pacquiao deal collapsed.