Earlier today, news update came up regarding the Pacquiao vs Mayweather fight come March 13, 2010. It will finally be at the MGM Grand Arena in Las Vegas, Nevada. And that’s my bet as well on where the fight will take place next year. The Dallas stadium didn’t get to win the bid unfortunately. Here’s some details about the news:
According to reports, the MGM Grand could generate as much as $28 million in live-gate sales. Also in store are 40,000 closed-circuit seats through MGM/Mirage properties, and at $100 a head could present a total package of $32 million.
And that’s enough to quash Dallas’ $25 million offer.
Pacquiao has fought six times at the MGM Grand, winning four (against Lehlo Ledwaba, Oscar dela Hoya, Ricky Hatton and Miguel Cotto), losing once to Erik Morales and drawing once with Juan Manuel Marquez.
Mayweather, on the other hand, has fought six times at the MGM during his unbeaten run of 40 fights. His wins at MGM came against Gregorio Vargas, Diego Corrales, Jose Luis Castillo, Dela Hoya, Hatton and Marquez.The Pacquiao-Mayweather fight is expected to generate more than $100 million, and both fighters, guaranteed of at least $25 million each, could get as much as $40 million when everything comes in.
This is going to be a one hell of a boxing history again! 😀 I’m excited!
[Source: Yahoo News]
EDIT: The fight is now on hold because of some failed negotiations on the Olympic-style drug testing 48 hours before the fight where Pacquiao failed to agree. Freddie Roach said that Pacquiao is willing to comply with the strict drug testing standards but he won’t allow Pacquiao to have blood drawn 48 hours before the fight.