Pound-for-pound greats Floyd Mayweather Jr. and Manny Pacquiao have finally reached a deal for a bout on May 2 at the MGM Grand Garden Arena in Las Vegas.
The Filipino boxing icon and the undefeated American pugilist took to social media to make the big announcement that everyone have been waiting for after more than half a decade of failed negotiations.
Mayweather announced the fight on Friday via his photo-sharing start-up Shots.
“What the world has been waiting for has arrived. Mayweather vs. Pacquiao on May 2, 2015 is a done deal. “I promised the fans we would get this done and we did. We will make history on May 2nd. Don’t miss it! This is the signed contract from both fighters.”
Pacquiao also shared a couple of posts on Instagram.
“Finally he sign the contract so the fight is on, this is what im talking about that I sign already before, im just explaining to the fans and to prove that im not lying, i have the fear of the Lord. So this is it! The fight is on fans you deserve it thank you. to God be all the Glory ”
“I am very happy that Floyd Mayweather and I can give the fans the fight they have wanted for so many years,” said Pacquiao on his Twitter. “They have waited long enough and they deserve it. It is an honor to be part of this historic event. I dedicate this fight to all the fans who willed this fight to happen and, as always, to bring glory to the Philippines and my fellow Filipinos around the world.”
It’s expected that Mayweather will have a 60-40 split advantage on revenues, with Mayweather making at least $120 million and Pacquiao, who signed the contract for the bout Thursday, earning $80 million.
The fight will be a joint pay-per-view event shown on Showtime, the channel Mayweather is contracted to, and HBO who have the deal to show Pacquiao’s fights.