Boxing’s pound-for-pound king Floyd Mayweather Jr. will meet Manny Pacquiao on May 2 at the MGM Grand in Las Vegas, Mayweather announced Friday via social media platform Shots.
When Mayweather (47-0, 26 KOs) and Pacquiao (57-5-2, 38 KOs) meet, the WBO World welterweight, WBC World welterweight and WBA Super World welterweight titles will all be on the line.
“I am glad my decision to meet with Manny and discuss making this fight happen helped get the deal done,” said Mayweather. “Giving the fans what they want to see is always my main focus.”
The two fighters met following a Miami Heat game on Jan. 27 and had a private discussion in Pacquiao’s hotel suite.
“I am the best ever, TBE, and this fight will be another opportunity to showcase my skills and do what I do best, which is win. Manny is going to try to do what 47 before him failed to do, but he won’t be successful. He will be number 48.”
According to sources, Mayweather and Pacquiao will split the revenue 60 percent-40 percent with Mayweather receiving the larger cut. Mayweather and Pacquiao will meet only once, as there is no rematch clause in the contract. A weight limit of 147 was also set in the contract.
The fight is being promoted by Mayweather Promotions and Top Rank Inc. and will be distributed on HBO pay-per-view and SHOWTIME pay-per-view.
“We each have our businesses to run, and we’re going to continue to compete the way we do, but if something of this magnitude presents itself, and we can collaborate in this way, we will,” said HBO Sports president Ken Hershman. “It doesn’t always work out, but this time it did.”
The mega-fight is expected to break the all-time pay-per-view buy record. Most expect the fight to go for either $89.95 or $ 99.95 in high-definition.
As for the on-air talent calling the action, Jim Lampley, Al Bernstein and Roy Jones will handle to call inside the ring. Max Kellerman and Jim Gray will report from each fighters locker room. According to SHOWTIME’s Jimmy Lennon Jr., he and Michael Buffer will share ring announcing duties.
Neither SHOWTIME not HBO will run their respective All Access or 24/7, but instead will air one-hour specials on their individual fighters.
Ticket information will be released in the coming days.