Mayweather vs Pacquiao: Latest News & Updates
Published on: 6th January, 2010
MANILA, Philippines — The camps of Manny Pacquiao and Floyd Mayweather Jr. failed to resolve their differences after 9 hours of talks on Tuesday (Wednesday in Manila).
An ESPN.com report said Top Rank’s Bob Arum and Todd duBoef, accompanied by their lawyers, met with Golden Boy’s Richard Schaefer, Oscar De La Hoya and their legal team.
They spent the day with retired federal judge Daniel Weinstein in an effort to save the March 13 mega-buck fight.
Also present during the meeting was Mayweather’s manager Al Haymon.
“Mediation is still ongoing,” one of Top Rank’s lawyers told ESPN.
Arum and DuBoef would not comment about the details of the meeting owing to Weinstein’s gag order on all parties.
It is unclear if the talks will resume on Wednesday (Thursday in Manila).
Weinstein also mediated a June 2007 settlement between Top Rank and Golden Boy that involved a legal battle over ownership of the promotional rights to Pacquiao.
Public apology
Arum earlier said the only way the negotiations will push through is if the other side drops its demands for random blood-testing and makes a public apology for implying that Pacquiao is taking illegal performance-enhancing drugs.
“Absolutely, [we expect apology] from every single one of them,” Arum said. “Everybody.”
Arum said he could not say if mediation will save the March 13 fight at the MGM Grand in Las Vegas.
He also declined to answer if Pacquiao’s lawsuit against the Mayweathers and Golden Boy Promotions would be discussed in the meeting.
Pacquiao, through his lawyer Daniel Petrocelli, filed a lawsuit last week seeking $75,000 in compensatory and punitive damages.
The negotiations hit the wall after Mayweather’s camp demanded Pacquiao undergo an Olympic-style drug testing before the fight.
The 7-time world champion thumbed down the demand and filed charges against the Mayweathers and Golden Boy Promotions for insinuating that he was using performance-enhancing drugs.
Source: abs-cbnNEWS.com
All this, just because a fighter got his feelings hurt, because someone thought he might be taking PED’s! What better way to prove people wrong than taking the test and then going out and destroying your opponent. If manny would have done this, this would have all but destroyed mayweather completely. Bottom line is people are going to believe what they want to believe, some people want to believe that Floyd does not really want to fight manny, and some want to believe it’s the other way around, and it’s bullshit like this as well as bad decisions in the ring that’s caused boxing to lose so much ground. Thank god for MMA!